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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2023
Segment Reporting |
Schedule of Company's segment data | The following represents the Company’s segment data for the three-month periods ended September 30, 2023 and 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, 2023
​ | ​ | SkyWest Airlines | ​ | SkyWest | ​ | ​
​ |  | and SWC |  | Leasing |  | Consolidated
Operating revenues (1) | ​ | $ | 626,780 | ​ | $ | 139,391 | ​ | $ | 766,171
Operating expense | ​ |  | 652,599 | ​ |  | 64,281 | ​ |  | 716,880
Depreciation and amortization expense | ​ |  | 37,320 | ​ |  | 59,240 | ​ |  | 96,560
Interest expense | ​ |  | 4,450 | ​ |  | 28,093 | ​ |  | 32,543
Segment profit (loss) (2) | ​ |  | (30,269) | ​ |  | 47,017 | ​ |  | 16,748
Total assets (as of September 30, 2023) | ​ |  | 2,557,850 | ​ |  | 4,501,268 | ​ |  | 7,059,118
Capital expenditures (including non-cash) | ​ |  | 33,436 | ​ |  | 14,816 | ​ |  | 48,252
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, 2022
​ | ​ | SkyWest Airlines | ​ | SkyWest | ​ | ​
​ |  | and SWC |  | Leasing |  | Consolidated
Operating revenues (1) | ​ | $ | 651,494 | ​ | $ | 137,949 | ​ | $ | 789,443
Operating expense | ​ |  | 649,466 | ​ |  | 64,401 | ​ |  | 713,867
Depreciation and amortization expense | ​ |  | 43,787 | ​ |  | 53,646 | ​ |  | 97,433
Interest expense | ​ |  | 4,067 | ​ |  | 29,216 | ​ |  | 33,283
Segment profit (loss) (2) | ​ |  | (2,039) | ​ |  | 44,332 | ​ |  | 42,293
Total assets (as of September 30, 2022) | ​ |  | 2,973,223 | ​ |  | 4,480,981 | ​ |  | 7,454,204
Capital expenditures (including non-cash) | ​ |  | 12,419 | ​ |  | 208,667 | ​ |  | 221,086
(1) | Prorate revenue and airport customer service revenue are included 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 nine-month periods ended September 30, 2023 and 2022 (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended September 30, 2023
​ | ​ | SkyWest Airlines | ​ | SkyWest | ​ | ​
​ |  | and SWC |  | Leasing |  | Consolidated
Operating revenues (1) | ​ | $ | 1,781,429 | ​ | $ | 402,216 | ​ | $ | 2,183,645
Operating expense | ​ |  | 1,910,481 | ​ |  | 196,717 | ​ |  | 2,107,198
Depreciation and amortization expense | ​ |  | 113,544 | ​ |  | 174,334 | ​ |  | 287,878
Interest expense | ​ |  | 13,207 | ​ |  | 86,674 | ​ |  | 99,881
Segment profit (loss) (2) | ​ |  | (142,259) | ​ |  | 118,825 | ​ |  | (23,434)
Total assets (as of September 30, 2023) | ​ |  | 2,557,850 | ​ |  | 4,501,268 | ​ |  | 7,059,118
Capital expenditures (including non-cash) | ​ |  | 80,156 | ​ |  | 102,036 | ​ |  | 182,192
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended September 30, 2022
​ | ​ | SkyWest Airlines | ​ | SkyWest | ​ | ​
​ |  | and SWC |  | Leasing |  | Consolidated
Operating revenues (1) | ​ | $ | 1,918,746 | ​ | $ | 404,934 | ​ | $ | 2,323,680
Operating expense | ​ |  | 1,906,739 | ​ |  | 200,715 | ​ |  | 2,107,454
Depreciation and amortization expense | ​ |  | 136,463 | ​ |  | 160,964 | ​ |  | 297,427
Interest expense | ​ |  | 8,506 | ​ |  | 83,802 | ​ |  | 92,308
Segment profit (2) | ​ |  | 3,501 | ​ |  | 120,417 | ​ |  | 123,918
Total assets (as of September 30, 2022) | ​ |  | 2,973,223 | ​ | ​ | 4,480,981 | ​ |  | 7,454,204
Capital expenditures (including non-cash) | ​ |  | 65,125 | ​ | ​ | 484,724 | ​ |  | 549,849
(1) | Prorate revenue and airport customer service revenue are included 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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