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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 14,069 $ 6,460 $ 7,180
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization expense 66,280 69,424 65,314
Write-down of equipment 9,514 9,181 5,602
Stock-based compensation expenses 3,717 4,150 3,509
Amortization of deferred costs 4,271 4,307 4,319
Amortization of interest rate derivative cost     (499)
Allowances and provisions (571) 697 (81)
Gain on sale of leased equipment (3,482) (8,320) (5,882)
Income from joint ventures (1,813) (1,175) (1,329)
Loss (gain) on extinguishment of debt 137 (1,151)  
Deferred income taxes 9,100 6,027 4,110
Changes in assets and liabilities:      
Receivables (2,287) (5,769) 4,812
Spare parts inventory (5,093) 3,828 (5,964)
Intangibles (1,511)    
Other assets (1,707) (2,635) (590)
Accounts payable and accrued expenses 2,329 1,677 (1,998)
Restricted cash 10,728 9,636 (6,831)
Maintenance reserves 548 4,580 (10,861)
Security deposits (4,048) 5,747 1,158
Unearned lease revenue 732 748 793
Net cash provided by operating activities 100,913 107,412 62,762
Cash flows from investing activities:      
Proceeds from sale of equipment (net of selling expenses) 62,525 41,608 43,632
Restricted cash for investing activities (1,345) (16,763) 6,366
Capital contribution to joint ventures (5,545) (630) (17,623)
Distributions received from joint ventures 1,167 1,304 847
Maintenance rights payments received   5,802  
Purchase of equipment held for operating lease and for sale (173,662) (174,772) (119,008)
Purchase of maintenance rights (5,530) (8,844) (9,098)
Purchase of property, equipment and furnishings (1,006) (3,988) (13,831)
Net cash used in investing activities (123,396) (156,283) (108,715)
Cash flows from financing activities:      
Proceeds from issuance of notes payable 149,000 192,700 154,395
Debt issuance cost (3,808) (13) (5,074)
Interest bearing security deposit 455 (1,606) 4,553
Proceeds from shares issued under stock compensation plans 155 518 410
Cancellation of restricted stock units in satisfaction of withholding tax (1,369) (1,558) (1,544)
Repurchase of common stock (28,958) (16,500) (5,352)
Excess tax benefit from stock-based compensation 236 26 311
Proceeds from issuance of preferred stock 19,752    
Principal payments on notes payable (113,981) (153,816) (101,054)
Restricted cash from financing activities 1,345 25,359  
Net cash provided by (used in) financing activities 22,827 45,110 46,645
Increase/(Decrease) in cash and cash equivalents 344 (3,761) 692
Cash and cash equivalents at beginning of period 9,732 13,493 12,801
Cash and cash equivalents at end of period 10,076 9,732 13,493
Net cash paid for:      
Interest 37,319 35,568 33,132
Income Taxes 459 353 210
Supplemental disclosures of non-cash investing activities:      
Purchase of aircraft and engines, liability incurred but not paid 5,337 4,662 8,188
Engines and equipment, transferred from Held for Operating Lease to Held for Sale but not settled 28,560 22,079 3,071
Equipment held for sale, transferred to spare parts inventory 0 $ 6,061 $ 9,649
Transfer from property, equipment and furnishings to assets held for lease 2,925    
Temporary Equity, Dividends, Adjustment 281    
Temporary Equity, Accretion to Redemption Value, Adjustment $ 8