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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Operating Revenue:        
Passenger $ 591,496 $ 556,929 $ 1,592,095 $ 1,525,461
Other 80,341 74,809 225,512 217,852
Total 671,837 631,738 1,817,607 1,743,313
Operating Expenses:        
Wages and benefits 141,410 125,884 410,936 369,875
Aircraft fuel, including taxes and delivery 94,818 105,483 248,516 329,329
Maintenance, materials and repairs 51,812 56,196 166,901 168,512
Aircraft and passenger servicing 33,971 30,284 93,245 87,948
Aircraft rent 32,891 29,544 92,345 86,732
Commissions and other selling 29,480 30,305 93,936 91,217
Other rentals and landing fees 28,926 24,728 78,338 70,807
Depreciation and amortization 27,495 26,061 81,629 78,777
Purchased services 25,614 19,458 72,889 60,540
Other 31,565 29,118 94,279 82,319
Total 497,982 477,061 1,433,014 1,426,056
Operating Income 173,855 154,677 384,593 317,257
Nonoperating Income (Expense):        
Interest expense and amortization of debt discounts and issuance costs (8,539) (13,506) (28,453) (42,742)
Gains (losses) on fuel derivatives (3,601) (25,009) 15,421 (28,670)
Interest income 1,113 691 3,044 2,052
Capitalized interest 719 698 1,407 2,966
Loss on extinguishment of debt 0 (54) (9,993) (7,296)
Other, net 612 (4,515) 9,884 (9,325)
Total (9,696) (41,695) (8,690) (83,015)
Income Before Income Taxes 164,159 112,982 375,903 234,242
Income tax expense 61,705 42,953 142,413 89,496
Net Income $ 102,454 $ 70,029 $ 233,490 $ 144,746
Net Income Per Share        
Basic (in dollars per share) $ 1.92 $ 1.30 $ 4.37 $ 2.67
Diluted (in dollars per share) $ 1.91 $ 1.15 $ 4.35 $ 2.32