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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Property, Plant and Equipment Estimated Useful Lives

The estimated useful lives of the principal asset classes are shown below.

Aircraft, engines and related rotable parts			10			-			25 Years
Buildings and leasehold improvements			10			-			25 Years
Equipment			3			-			10 Years
Computer hardware and software			3			-			15 Years

Property and equipment consisted of the following:

			As of December 31,
(in thousands)			2022						2021
Flight equipment			$	2,937,767					$	2,573,657
Computer hardware and software			209,808						160,237
Land and buildings/leasehold improvements			62,227						59,735
Other property and equipment			95,156						78,192
Sunseeker Resort			320,572						83,864
Total property and equipment			3,625,530						2,955,685
Less accumulated depreciation and amortization			(814,837)						(696,178)
Property and equipment, net			$	2,810,693					$	2,259,507

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of net income (loss) per share on a basic and diluted basis for the periods indicated: 

															Year ended December 31,
(in thousands, except per share data)															2022						2021						2020
Basic:
Net income (loss)															$	2,493					$	151,853					$	(184,093)
Less income allocated to participating securities															(32)						(2,218)						(236)
Net income (loss) attributable to common stock															$	2,461					$	149,635					$	(184,329)
Earnings (loss) per share, basic															$	0.14					$	8.69					$	(11.53)
Weighted-average shares outstanding															17,959						17,212						15,992
Diluted:
Net income (loss)															$	2,493					$	151,853					$	(184,093)
Less income allocated to participating securities															(32)						(2,215)						(236)
Net income (loss) attributable to common stock															$	2,461					$	149,638					$	(184,329)
Earnings (loss) per share, diluted															$	0.14					$	8.68					$	(11.53)
Weighted-average shares outstanding															17,959						17,212						15,992
Dilutive effect of stock options and restricted stock															132						145						—
Adjusted weighted-average shares outstanding under treasury stock method															18,091						17,357						15,992
Participating securities excluded under two-class method															(57)						(126)						—
Adjusted weighted-average shares outstanding under two-class method															18,034						17,231						15,992

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
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