XML 104 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Statement of Cash Flows [Abstract]    
Net income (loss) $ (33,009) $ 57,124
Depreciation and amortization 43,699 36,182
Special charges 163,360 0
Other adjustments 67,890 18,916
Air traffic liability 53,885 64,011
Other - net (189,508) (16,136)
Net cash provided by operating activities 106,317 160,097
Cash flows from investing activities:    
Purchase of investment securities (105,382) (68,447)
Proceeds from maturities of investment securities 130,720 124,472
Purchase of property and equipment, including capitalized interest (134,483) (122,551)
Other investing activities 2,283 6,973
Net cash used in investing activities (106,862) (59,553)
Cash flows from financing activities:    
Cash dividends paid to shareholders (11,478) (11,394)
Proceeds from the issuance of debt 128,296 494,000
Repurchase of common stock (33,773) (2,279)
Principal payments on debt and finance lease obligations (62,723) (386,329)
Debt issuance costs (2,530) (30,060)
Other financing activities 0 (2,615)
Net cash provided by financing activities 17,792 61,323
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 17,247 161,867
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 136,785 95,911
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 154,032 257,778
CASH PAYMENTS (RECEIPTS) FOR:    
Interest paid, net of amount capitalized 12,031 20,924
Income tax payments (refunds) 22 (4,490)
Right-of-use (ROU) assets acquired 50,218 23,320
Purchases of property and equipment in accrued liabilities $ 46,452 $ 3,565