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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2023

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			-			39 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)			2023						2022
Airline
Flight equipment			$	3,346,216					$	2,937,767
Computer hardware and software			274,927						209,808
Land and buildings/leasehold improvements			63,863						62,227
Other property and equipment			109,727						95,156
Sunseeker Resort
Land and buildings/leasehold improvements			559,112						—
Other property and equipment			53,743						—
Construction in progress			4,389						320,572
Total property and equipment			4,411,977						3,625,530
Less accumulated depreciation and amortization			(964,866)						(814,837)
Property and equipment, net			$	3,447,111					$	2,810,693

Schedule of Earnings Per Share, Basic and Diluted

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

															Year ended December 31,
(in thousands, except per share data)															2023						2022						2021
Basic:
Net income															$	117,596					$	2,493					$	151,853
Less income allocated to participating securities															(4,188)						(32)						(2,218)
Net income attributable to common stock															$	113,408					$	2,461					$	149,635
Earnings per share, basic															$	6.32					$	0.14					$	8.69
Weighted-average shares outstanding															17,945						17,959						17,212
Diluted:
Net income															$	117,596					$	2,493					$	151,853
Less income allocated to participating securities															(4,175)						(32)						(2,215)
Net income attributable to common stock															$	113,421					$	2,461					$	149,638
Earnings per share, diluted															$	6.29					$	0.14					$	8.68
Weighted-average shares outstanding															17,945						17,959						17,212
Dilutive effect of stock options and restricted stock															249						132						145
Adjusted weighted-average shares outstanding under treasury stock method															18,194						18,091						17,357
Participating securities excluded under two-class method															(175)						(57)						(126)
Adjusted weighted-average shares outstanding under two-class method															18,019						18,034						17,231

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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.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
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-Paragraph 1
-SubTopic 10
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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.

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-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
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