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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

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			5			-			10 Years
Computer hardware and software			3			-			15 Years

Property and equipment consisted of the following:

			As of December 31,
(in thousands)			2024						2023
Airline
Flight equipment			$	3,345,458					$	3,329,207
Computer hardware and software			320,432						274,927
Land and buildings/leasehold improvements			66,115						63,863
Other property and equipment			115,043						109,727
Sunseeker Resort
Land and buildings/leasehold improvements			255,201						542,129
Other property and equipment			34,894						75,116
Total property and equipment			4,137,143						4,394,969
Less accumulated depreciation and amortization			(1,067,194)						(964,866)
Property and equipment, net			$	3,069,949					$	3,430,103

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)															2024						2023						2022
Basic:
Net income (loss)															$	(240,238)					$	117,596					$	2,493
Less income allocated to participating securities															(618)						(4,188)						(32)
Net income (loss) attributable to common stock															$	(240,856)					$	113,408					$	2,461
Earnings (loss) per share, basic															$	(13.49)					$	6.32					$	0.14
Weighted-average shares outstanding															17,852						17,945						17,959
Diluted:
Net income (loss)															$	(240,238)					$	117,596					$	2,493
Less income allocated to participating securities															(618)						(4,175)						(32)
Net income (loss) attributable to common stock															$	(240,856)					$	113,421					$	2,461
Earnings (loss) per share, diluted															$	(13.49)					$	6.29					$	0.14
Weighted-average shares outstanding															17,852						17,945						17,959
Dilutive effect of stock options and restricted stock															—						249						132
Adjusted weighted-average shares outstanding under treasury stock method															17,852						18,194						18,091
Participating securities excluded under two-class method															—						(175)						(57)
Adjusted weighted-average shares outstanding under two-class method															17,852						18,019						18,034

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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
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 360
-Publisher FASB
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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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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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