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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 44,528 $ 227,362
Marketable securities 708,831 574,266
Receivables, net 146,516 122,778
Inventories, net 154,962 139,002
Other current assets 45,079 53,659
Total current assets 1,099,916 1,117,067
PROPERTY AND EQUIPMENT:    
Aircraft and rotable spares 9,066,940 8,774,570
Deposits on aircraft 85,000 65,612
Buildings, ground equipment and other 315,363 292,682
Total property and equipment, gross 9,467,303 9,132,864
Less-accumulated depreciation and amortization (3,804,913) (3,545,456)
Total property and equipment, net 5,662,390 5,587,408
OTHER ASSETS:    
Operating lease right-of-use assets 84,751 87,731
Long-term receivables and other assets 367,139 347,661
Total other assets 451,890 435,392
Total assets 7,214,196 7,139,867
CURRENT LIABILITIES:    
Current maturities of long-term debt 519,511 535,589
Accounts payable and accrued liabilities 580,080 527,351
Accrued salaries, wages and benefits 229,762 226,770
Current maturities of operating lease liabilities 19,919 20,467
Taxes other than income taxes 23,393 22,581
Other current liabilities 180,594 96,833
Total current liabilities 1,553,259 1,429,591
LONG-TERM DEBT, net of current maturities 1,865,283 2,136,786
DEFERRED INCOME TAXES PAYABLE 863,756 787,968
NONCURRENT OPERATING LEASE LIABILITIES 64,832 67,264
OTHER LONG-TERM LIABILITIES 188,799 309,477
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDERS' EQUITY:    
Preferred stock, 5,000,000 shares authorized; none issued
Common stock, no par value, 120,000,000 shares authorized; 84,270,723 and 83,638,680 shares issued as of September 30, 2025, and December 31, 2024, respectively 794,215 777,090
Retained earnings 2,931,351 2,594,173
Treasury stock, at cost, 44,130,979 and 43,310,324 shares as of September 30, 2025, and December 31, 2024, respectively (1,047,640) (962,650)
Accumulated other comprehensive income 341 168
Total stockholders' equity 2,678,267 2,408,781
Total liabilities and stockholders' equity $ 7,214,196 $ 7,139,867