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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 726,402 $ 103,029
Restricted cash 12,776 10,401
Short-term investments 0 879
Accounts receivable, net of allowance of $886 and $1,822, respectively 239,051 290,119
Prepaid expenses, assets held for sale and other current assets 177,978 228,103
Total current assets 1,156,207 632,531
Property and Equipment    
Flight equipment 4,962,987 4,880,424
Ground equipment 86,341 83,584
Less: accumulated depreciation (1,068,347) (977,883)
Flight equipment modifications in progress 26,960 67,101
Property and equipment, net 4,007,941 4,053,226
Other Assets    
Operating lease right-of-use assets 200,194 231,133
Deferred costs and other assets 378,567 391,895
Intangible assets, net and goodwill 73,841 76,856
Total Assets 5,816,750 5,385,641
Current Liabilities    
Accounts payable 73,812 79,683
Accrued liabilities 653,253 481,725
Current portion of long-term debt and finance leases 275,017 395,781
Current portion of long-term operating leases 143,225 141,973
Total current liabilities 1,145,307 1,099,162
Other Liabilities    
Long-term debt and finance leases 2,238,664 1,984,902
Long-term operating leases 322,450 392,832
Deferred taxes 111,802 74,040
Financial instruments and other liabilities 68,160 42,526
Total other liabilities 2,741,076 2,494,300
Commitments and contingencies 0 0
Stockholders’ Equity    
Preferred stock, $1 par value; 10,000,000 shares authorized; no shares issued 0 0
Common stock, $0.01 par value; 100,000,000 shares authorized; 31,493,328 and 31,048,842 shares issued, 26,135,945 and 25,870,876 shares outstanding (net of treasury stock), as of June 30, 2020 and December 31, 2019, respectively 315 310
Additional paid-in-capital 801,002 761,715
Treasury stock, at cost; 5,357,383 and 5,177,966 shares, respectively (217,711) (213,871)
Accumulated other comprehensive loss (2,347) (2,818)
Retained earnings 1,349,108 1,246,843
Total stockholders’ equity 1,930,367 1,792,179
Total Liabilities and Equity $ 5,816,750 $ 5,385,641