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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Statement of Cash Flows [Abstract]    
NET INCOME (LOSS) $ (33,064) $ 12,780
Depreciation and amortization 131,830 129,205
Special charges, net of recoveries 113,701 20,093
Other adjustments (20,839) 606
Accrued liabilities 70,102 52,750
Air traffic liability (7,401) 36,468
Other - net 29,318 (15,165)
Net cash provided by operating activities 283,647 236,737
Cash flows from investing activities:    
Purchase of investment securities (477,669) (351,939)
Proceeds from maturities of investment securities 387,660 451,573
Aircraft pre-delivery deposits (9,680) (35,053)
Purchase of property and equipment, including capitalized interest (177,222) (193,764)
Other investing activities 35,069 19,431
Net cash used in investing activities (241,842) (109,752)
Cash flows from financing activities:    
Cash dividends paid to shareholders 0 (21,934)
Proceeds from the issuance of debt and finance lease obligations 323,781 18,755
Repurchase of common stock (11,470) (3,023)
Principal payments on debt and finance lease obligations (432,629) (63,223)
Debt issuance costs (3,171) 0
Other financing activities 7,266 14,993
Net cash used in financing activities (116,223) (54,432)
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (74,418) 72,553
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 302,319 159,584
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD 227,901 232,137
CASH PAYMENTS FOR:    
Interest paid, net of amount capitalized 57,969 53,807
Income tax payments (received) (14,954) 155
SUPPLEMENTAL DISCLOSURE OF NONCASH TRANSACTIONS:    
Right-of-use (ROU) assets acquired 0 1,379
Purchases of property and equipment in accrued liabilities and other $ 53,324 $ 22,116