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