XML 55 R37.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Segments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Selected information for the Company's segments and the reconciliation to the consolidated financial statement amounts are as follows:
(in thousands) | Airline |  | Sunseeker Resort |  |  |  | Consolidated
Year Ended December 31, 2023 |  |  |  |  |  |  |
Operating revenue: |  |  |  |  |  |  |
Passenger | $ | 2,324,397 |  |  | $ | — |  |  |  |  | $ | 2,324,397 |
Third party products | 112,579 |  |  | — |  |  |  |  | 112,579 |
Fixed fee contract | 68,548 |  |  | — |  |  |  |  | 68,548 |
Other | 1,444 |  |  | 2,889 |  |  |  |  | 4,333 |
Operating income (loss) | 251,468 |  |  | (30,487) |  |  |  |  | 220,981 |
Interest income | (46,615) |  |  | — |  |  |  |  | (46,615) |
Interest expense (1) | 130,512 |  |  | 21,868 |  |  |  |  | 152,380 |
Capitalized interest | (21,838) |  |  | (23,294) |  |  |  |  | (45,132) |
Depreciation and amortization | 220,915 |  |  | 2,215 |  |  |  |  | 223,130 |
Capital expenditures | 568,309 |  |  | 321,044 |  |  |  |  | 889,353 |
Year Ended December 31, 2022 |  |  |  |  |  |  |
Operating revenue: |  |  |  |  |  |  |
Passenger | $ | 2,137,762 |  |  | $ | — |  |  |  |  | $ | 2,137,762 |
Third party products | 100,959 |  |  | — |  |  |  |  | 100,959 |
Fixed fee contract | 60,937 |  |  | — |  |  |  |  | 60,937 |
Other | 2,169 |  |  | 2 |  |  |  |  | 2,171 |
Operating income (loss) | 136,968 |  |  | (45,322) |  |  |  |  | 91,646 |
Interest income | (16,469) |  |  | — |  |  |  |  | (16,469) |
Interest expense (1) | 92,785 |  |  | 16,046 |  |  |  |  | 108,831 |
Capitalized interest | (4,308) |  |  | (8,332) |  |  |  |  | (12,640) |
Depreciation and amortization | 197,433 |  |  | 109 |  |  |  |  | 197,542 |
Capital expenditures | 475,254 |  |  | 288,408 |  |  |  |  | 763,662 |
Year Ended December 31, 2021 |  |  |  |  |  |  |
Operating revenue: |  |  |  |  |  |  |
Passenger | $ | 1,578,436 |  |  | $ | — |  |  |  |  | $ | 1,578,436 |
Third party products | 86,487 |  |  | — |  |  |  |  | 86,487 |
Fixed fee contract | 41,184 |  |  | — |  |  |  |  | 41,184 |
Other | 1,803 |  |  | — |  |  |  |  | 1,803 |
Operating income (loss) | 271,073 |  |  | (7,998) |  |  |  |  | 263,075 |
Interest income | (1,814) |  |  | — |  |  |  |  | (1,814) |
Interest expense (1) | 66,585 |  |  | 1,818 |  |  |  |  | 68,403 |
Depreciation and amortization | 180,923 |  |  | 112 |  |  |  |  | 181,035 |
Capital expenditures | 309,982 |  |  | 50,629 |  |  |  |  | 360,611 |
(1)Excludes losses on debt extinguishment. Total assets were as follows as of the dates indicated:
(in thousands) | As of December 31, 2023 |  | As of December 31, 2022
Airline | $ | 4,213,288 |  |  | $ | 4,047,134 |
Sunseeker Resort | 656,122 |  |  | 464,163 |
Consolidated | $ | 4,869,410 |  |  | $ | 4,511,297 |

X
- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration