XML 18 R7.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Statement of Cash Flows [Abstract]          
NET INCOME (LOSS) $ 88,469 $ 4,358 $ 144,618 $ (3,523)  
Depreciation and amortization 53,933 49,183 108,613 95,526  
Special charges, net of recovery     (13,153) 284  
Other adjustments     35,991 13,657  
Air traffic liability     31,672 143,634  
Other - net     38,871 (21,796)  
Net cash provided by operating activities     346,612 227,782  
Cash flows from investing activities:          
Purchase of investment securities     (596,669) (672,318)  
Proceeds from maturities of investment securities     503,069 675,656  
Aircraft pre-delivery deposits     (157,355) (51,111)  
Purchase of property and equipment     (282,920) (205,158)  
Other investing activities     16,066 645  
Net cash used in investing activities     (517,809) (252,286)  
Cash flows from financing activities:          
Proceeds from the issuance of debt and finance lease obligations     208,163 195,800  
Repurchase of common stock     (15,434) 0  
Principal payments on debt and finance lease obligations     (149,369) (70,502)  
Debt issuance costs     (1,422) (669)  
Sunseeker construction financing disbursements/(deposits)     48,200 (87,500)  
Other financing activities     4,233 4,725  
Net cash provided by financing activities     94,371 41,854  
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH     (76,826) 17,350  
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD     245,446 400,701 $ 400,701
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD $ 168,620 $ 418,051 168,620 418,051 $ 245,446
CASH PAYMENTS FOR:          
Interest paid, net of amount capitalized     68,347 36,828  
Income tax payments (receipts)     623 (46)  
SUPPLEMENTAL DISCLOSURE OF NONCASH TRANSACTIONS:          
Right-of-use (ROU) assets acquired     8,320 0  
Flight equipment acquired under finance leases     0 90,476  
Purchases of property and equipment in accrued liabilities     $ 61,922 $ 45,887