XML 157 R23.htm IDEA: XBRL DOCUMENT
v3.25.3

Revenue Recognition (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Revenue Recognition [Abstract] |
Disaggregation of Revenue | Passenger revenue is the most significant category in the Company's reported operating revenues, as outlined below:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Scheduled service | $ | 177,194 |  |  | $ | 206,447 |  |  | $ | 707,771 |  |  | $ | 769,041 |
Ancillary air-related charges | 295,548 |  |  | 271,150 |  |  | 963,700 |  |  | 853,333 |
Loyalty redemptions | 21,402 |  |  | 11,392 |  |  | 57,331 |  |  | 41,049 |
Total passenger revenue | $ | 494,144 |  |  | $ | 488,989 |  |  | $ | 1,728,802 |  |  | $ | 1,663,423 |
The Company's resort revenues for the three and nine months ended September 30, 2025 are set forth in the table below:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2025 |  | 2024 |  | 2025 |  | 2024
Rooms | $ | 4,009 |  |  | $ | 5,190 |  |  | $ | 28,172 |  |  | $ | 21,800 |
Food and beverage | 3,553 |  |  | 5,929 |  |  | 21,280 |  |  | 24,344 |
Other | 1,796 |  |  | 1,950 |  |  | 11,228 |  |  | 7,624 |
Total resort revenue | $ | 9,358 |  |  | $ | 13,069 |  |  | $ | 60,680 |  |  | $ | 53,768 |
Contract with Customer, Contract Asset, Contract Liability, and Receivable | The following table presents the activity of the co-branded credit card and the loyalty program as of the dates indicated:
| Nine Months Ended September 30,
(in thousands) | 2025 |  | 2024
Balance at January 1 | $ | 80,711 |  |  | $ | 70,813 |
Points awarded (deferral of revenue) | 58,560 |  |  | 50,704 |
Points redeemed (recognition of revenue)(1) | (57,280) |  |  | (41,074) |
Balance at September 30(2) | $ | 81,991 |  |  | $ | 80,443 |
(1) Points are combined in one homogenous pool and are not separately identifiable. Revenue from points redeemed includes both points that were part of the loyalty program liability at the beginning of the period, as well as points that were issued during the period. (2) The current portion of the loyalty program liability represents the estimate of revenue to be recognized in the next 12 months based on historical trends, with the remaining balance reflected in noncurrent liabilities expected to be recognized into revenue in periods thereafter.

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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