XML 19 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Statement of Cash Flows [Abstract]    
Depreciation and amortization $ 134,095 $ 132,285
Special charges 2,924 279,114
Other adjustments 26,778 89,342
Air traffic liability 44,014 84,111
Other - net 24,634 (152,872)
Net cash provided by operating activities 373,595 276,725
Cash flows from investing activities:    
Purchase of investment securities (1,028,481) (511,667)
Proceeds from maturities of investment securities 679,588 421,658
Purchase of property and equipment (166,502) (198,567)
Proceeds from sale-leaseback transactions 0 78,185
Other investing activities 2,062 1,247
Net cash used in investing activities (513,333) (209,144)
Cash flows from financing activities:    
Cash dividends paid to shareholders 0 (11,361)
Proceeds from the issuance of debt and finance lease obligations 106,657 272,548
Repurchase of common stock 0 (33,773)
Principal payments on debt and finance lease obligations (239,644) (146,416)
Debt issuance costs $ (705) $ (4,505)
Proceeds from issuance of common stock 335,139 0
Other financing activities $ 3,936 $ 4,609
Net cash provided by financing activities 205,383 81,102
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 65,645 148,683
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 170,319 136,785
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 235,964 285,468
CASH PAYMENTS (RECEIPTS) FOR:    
Interest paid, net of amount capitalized 30,739 36,801
Income tax payments (refunds) (12,762) (95,258)
Right-of-use (ROU) assets acquired 23,157 103,499
Flight equipment acquired under finance leases 40,826 0
Purchases of property and equipment in accrued liabilities 12,727 19,294
NET INCOME (LOSS) $ 141,150 $ (155,255)