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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2023
Segment Reporting |
Schedule of Company's segment data | The following represents the Company’s segment data for the three-month periods ended June 30, 2023 and 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30, 2023
​ | ​ | SkyWest Airlines | ​ | SkyWest | ​ | ​
​ |  | and SWC |  | Leasing |  | Consolidated
Operating revenues (1) | ​ | $ | 586,476 | ​ | $ | 139,167 | ​ | $ | 725,643
Operating expense | ​ |  | 624,490 | ​ |  | 69,293 | ​ |  | 693,783
Depreciation and amortization expense | ​ |  | 37,966 | ​ |  | 59,203 | ​ |  | 97,169
Interest expense | ​ |  | 4,695 | ​ |  | 29,023 | ​ |  | 33,718
Segment profit (loss) (2) | ​ |  | (42,709) | ​ |  | 40,851 | ​ |  | (1,858)
Total assets (as of June 30, 2023) | ​ |  | 2,570,050 | ​ |  | 4,545,724 | ​ |  | 7,115,774
Capital expenditures (including non-cash) | ​ |  | 25,609 | ​ |  | 410 | ​ |  | 26,019
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended June 30, 2022
​ | ​ | SkyWest Airlines | ​ | SkyWest | ​ | ​
​ |  | and SWC |  | Leasing |  | Consolidated
Operating revenues (1) | ​ | $ | 664,203 | ​ | $ | 134,882 | ​ | $ | 799,085
Operating expense | ​ |  | 636,245 | ​ |  | 74,238 | ​ |  | 710,483
Depreciation and amortization expense | ​ |  | 44,982 | ​ |  | 52,267 | ​ |  | 97,249
Interest expense | ​ |  | 2,650 | ​ |  | 27,783 | ​ |  | 30,433
Segment profit (2) | ​ |  | 25,308 | ​ |  | 32,861 | ​ |  | 58,169
Total assets (as of June 30, 2022) | ​ |  | 3,011,236 | ​ |  | 4,325,411 | ​ |  | 7,336,647
Capital expenditures (including non-cash) | ​ |  | 20,010 | ​ |  | 181,168 | ​ |  | 201,178
(1) | Prorate revenue and airport customer service revenue are primarily reflected in the SkyWest Airlines and SWC segment.
(2) | Segment profit (loss) is equal to operating income less interest expense.
The following represents the Company’s segment data for the six-month periods ended June 30, 2023 and 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six months ended June 30, 2023
​ | ​ | SkyWest Airlines | ​ | SkyWest | ​ | ​
​ |  | and SWC |  | Leasing |  | Consolidated
Operating revenues (1) | ​ | $ | 1,154,649 | ​ | $ | 262,825 | ​ | $ | 1,417,474
Operating expense | ​ |  | 1,257,882 | ​ |  | 132,436 | ​ |  | 1,390,318
Depreciation and amortization expense | ​ |  | 76,224 | ​ |  | 115,094 | ​ |  | 191,318
Interest expense | ​ |  | 8,757 | ​ |  | 58,581 | ​ |  | 67,338
Segment profit (loss) (2) | ​ |  | (111,990) | ​ |  | 71,808 | ​ |  | (40,182)
Total assets (as of June 30, 2023) | ​ |  | 2,570,050 | ​ |  | 4,545,724 | ​ |  | 7,115,774
Capital expenditures (including non-cash) | ​ |  | 46,720 | ​ |  | 87,220 | ​ |  | 133,940
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six months ended June 30, 2022
​ | ​ | SkyWest Airlines | ​ | SkyWest | ​ | ​
​ |  | and SWC |  | Leasing |  | Consolidated
Operating revenues (1) | ​ | $ | 1,267,252 | ​ | $ | 266,985 | ​ | $ | 1,534,237
Operating expense | ​ |  | 1,257,273 | ​ |  | 136,314 | ​ |  | 1,393,587
Depreciation and amortization expense | ​ |  | 92,676 | ​ |  | 107,318 | ​ |  | 199,994
Interest expense | ​ |  | 4,439 | ​ |  | 54,586 | ​ |  | 59,025
Segment profit (2) | ​ |  | 5,540 | ​ |  | 76,085 | ​ |  | 81,625
Total assets (as of June 30, 2022) | ​ |  | 3,011,236 | ​ | ​ | 4,325,411 | ​ |  | 7,336,647
Capital expenditures (including non-cash) | ​ |  | 52,706 | ​ | ​ | 276,057 | ​ |  | 328,763
(1) | Prorate revenue and airport customer service revenue are primarily reflected in the SkyWest Airlines and SWC segment.
(2) | Segment profit (loss) is equal to operating income less interest expense.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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