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Operating Segments (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Selected information for the Company's segments and the reconciliation to the consolidated financial statement amounts are as follows:

(in thousands)	Airline				Sunseeker Resort				Other non- airline				Consolidated
Three Months Ended June 30, 2020
Operating revenue:
Passenger	$	116,520			$	—			$	—			$	116,520
Third party products	8,443				—				—				8,443
Fixed fee contract	3,237				—				—				3,237
Other	809				32				4,306				5,147
Operating income (loss) (1)	(105,389		)		(7,689		)		(174		)		(113,252		)
Interest expense, net	12,651				(15		)		—				12,636
Depreciation and amortization	43,240				56				—				43,296
Capital expenditures	11,845				—				—				11,845
Three Months Ended June 30, 2019
Operating revenue:
Passenger	$	454,779			$	—			$	—			$	454,779
Third party products	18,208				—				—				18,208
Fixed fee contract	12,487				—				—				12,487
Other	1,299				373				4,613				6,285
Operating income (loss)	115,546				(1,695		)		(5,746		)		108,105
Interest expense, net	15,924				478				—				16,402
Depreciation and amortization	36,890				326				1,278				38,494
Capital expenditures	98,128				11,296				2,494				111,918
(in thousands)	Airline				Sunseeker Resort				Other non- airline				Consolidated
Six Months Ended June 30, 2020
Operating revenue:
Passenger	$	495,431			$	—			$	—			$	495,431
Third party products	24,419				—				—				24,419
Fixed fee contract	12,156				—				—				12,156
Other	1,685				653				8,184				10,522
Operating income (loss) (2)	(54,269		)		(140,122		)		(29,864		)		(224,255		)
Interest expense, net	23,850				561				—				24,411
Depreciation and amortization	85,691				532				772				86,995
Capital expenditures	130,744				45,160				442				176,346
Six Months Ended June 30, 2019
Operating revenue:
Passenger	$	874,755			$	—			$	—			$	874,755
Third party products	35,350				—				—				35,350
Fixed fee contract	23,061				—				—				23,061
Other	1,930				1,275				7,010				10,215
Operating income (loss)	214,035				(2,917		)		(11,937		)		199,181
Interest expense, net	29,145				636				—				29,781
Depreciation and amortization	72,119				482				2,075				74,676
Capital expenditures	207,048				16,571				10,850				234,469

(1) For the three months ended June 30, 2020, Operating loss was impacted by special charges of: $75.9 million for the Airline; $5.5 million for Sunseeker Resort; and a $0.2 million gain for Other non-airline.

(2) For the six months ended June 30, 2020, Operating loss was impacted by special charges of: $85.4 million for the Airline; $135.4 million for Sunseeker Resort; and $26.4 million for Other non-airline.

Total assets were as follows as of the dates indicated:

(in thousands)	June 30, 2020				December 31, 2019
Airline	$	3,221,917			$	2,830,236
Sunseeker Resort	35,159				133,362
Other non-airline	15,893				47,205
Consolidated	$	3,272,969			$	3,010,803

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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.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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