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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 592,520 $ 373,056
Short-term investments 168,410 245,599
Accounts receivable, net 28,467 97,380
Income taxes receivable 92,365 64,192
Spare parts and supplies, net 35,660 37,630
Prepaid expenses and other 45,431 56,849
Total 962,853 874,706
Property and equipment, less accumulated depreciation and amortization of $823,757 and $762,544 as of June 30, 2020 and December 31, 2019, respectively 2,267,826 2,316,772
Other Assets:    
Operating lease right-of-use assets 592,933 632,545
Long-term prepayments and other 159,383 182,438
Intangible assets, net 13,500 13,500
Goodwill 0 106,663
Total Assets 3,996,495 4,126,624
Current Liabilities:    
Accounts payable 101,641 148,748
Air traffic liability and current frequent flyer deferred revenue 553,554 606,684
Other accrued liabilities 221,881 161,430
Current maturities of long-term debt, less discount 60,079 53,273
Current maturities of finance lease obligations 21,667 21,857
Current maturities of operating leases 78,655 83,224
Total 1,037,477 1,075,216
Long-Term Debt 792,766 547,254
Other Liabilities and Deferred Credits:    
Noncurrent finance lease obligations 131,631 141,861
Noncurrent operating leases 476,401 514,685
Accumulated pension and other post-retirement benefit obligations 200,411 203,596
Other liabilities and deferred credits 80,350 97,434
Noncurrent frequent flyer deferred revenue 179,740 175,218
Deferred tax liability, net 271,786 289,564
Total 1,340,319 1,422,358
Commitments and Contingencies
Shareholders’ Equity:    
Special preferred stock, $0.01 par value per share, three shares issued and outstanding as of June 30, 2020 and December 31, 2019 0 0
Common stock, $0.01 par value per share, 45,996,537 and 46,121,859 shares outstanding as of June 30, 2020 and December 31, 2019, respectively 460 461
Capital in excess of par value 143,374 135,651
Accumulated income 785,269 1,049,567
Accumulated other comprehensive loss, net (103,170) (103,883)
Total 825,933 1,081,796
Total Liabilities and Shareholders’ Equity $ 3,996,495 $ 4,126,624
Special preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Special preferred stock, shares issued (in shares) 3 3
Common stock, par value (in dollars per share) $ 0.01 $ 0.01