XML 498 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
CURRENT ASSETS    
Cash and cash equivalents $ 363,378 $ 152,764
Restricted cash 37,323 17,555
Short-term investments 819,478 532,477
Accounts receivable 62,659 192,215
Expendable parts, supplies and fuel, net of reserve of $6,041 and $4,323 27,500 24,006
Prepaid expenses and other current assets 28,073 24,616
TOTAL CURRENT ASSETS 1,338,411 943,633
Property and equipment (including $84,406 and $187,166 from VIEs, Note 7), net of accumulated depreciation of $696,178 and $598,546 2,259,507 2,050,311
Long-term investments 2,231 0
Deferred major maintenance, net of accumulated amortization of $75,177 and $57,022 146,850 127,463
Operating lease right-of-use assets, net 130,087 115,911
Deposits and other assets 113,987 21,607
TOTAL ASSETS: 3,991,073 3,258,925
CURRENT LIABILITIES    
Accounts payable 43,566 34,197
Accrued liabilities 19,081 14,313
Current operating lease liabilities 307,453 307,508
Air traffic liability 130,053 217,234
TOTAL CURRENT LIABILITIES 663,045 689,345
LONG-TERM DEBT AND OTHER NONCURRENT LIABILITIES    
Long-term debt and finance lease obligations (including $79,127 and $135,683 from VIEs, Note 7), net of current maturities and related costs of $15,664 and $15,926 1,612,486 1,441,777
Deferred income taxes 346,137 301,763
Noncurrent operating lease liabilities 115,067 102,289
Other noncurrent liabilities 30,786 24,388
TOTAL LIABILITIES: 2,767,521 2,559,562
SHAREHOLDERS' EQUITY    
Common stock, par value $.001, 100,000,000 shares authorized; 24,763,793 and 23,097,737 shares issued; 18,111,381 and 16,405,565 shares outstanding in 2021 and 2020 respectively 25 23
Treasury shares, at cost, 6,652,412 and 6,692,172 shares in 2021 and 2020, respectively (638,057) (646,008)
Additional paid in capital 692,053 329,753
Accumulated other comprehensive gain (loss), net 2,056 (27)
Retained earnings 1,167,475 1,015,622
TOTAL EQUITY: 1,223,552 699,363
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY: $ 3,991,073 $ 3,258,925