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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Operating Revenue:                
Operating revenue $ 75,982     $ 755,151     $ 695,130 $ 2,124,091
Operating Expenses:                
Wages and benefits 19,494     182,862     238,077 537,997
Aircraft fuel, including taxes and delivery 14,544     138,586     135,025 405,290
Maintenance, materials and repairs 18,664     61,363     93,067 182,539
Aircraft and passenger servicing 5,140     41,762     46,459 120,303
Depreciation and amortization 36,734     41,596     115,516 119,274
Aircraft rent 26,230     30,534     77,120 91,773
Commissions and other selling 5,201     33,291     34,844 96,598
Other rentals and landing fees 14,156     33,345     57,599 95,777
Purchased services 22,878     33,120     77,006 98,306
Special items 17,489     0     178,407 0
Other 16,525     42,056     80,143 118,041
Total 197,055     638,515     1,133,263 1,865,898
Operating Income (Loss) (121,073)     116,636     (438,133) 258,193
Nonoperating Income (Expense):                
Other nonoperating special items (7,011)     0     (7,011) 0
Interest expense and amortization of debt discounts and issuance costs (11,596)     (6,438)     (26,612) (21,268)
Losses on fuel derivatives (297)     (4,553)     (6,933) (7,203)
Interest income 1,942     3,148     7,728 9,205
Capitalized interest 831     1,171     2,583 3,713
Other, net (6,380)     (1,445)     (2,915) (5,553)
Total (22,511)     (8,117)     (33,160) (21,106)
Income (Loss) Before Income Taxes (143,584)     108,519     (471,293) 237,087
Income tax expense (benefit) (46,485)     28,443     (122,918) 62,820
Net Income (Loss) $ (97,099) $ (106,904) $ (144,372) $ 80,076 $ 57,833 $ 36,358 $ (348,375) $ 174,267
Net Income (Loss) Per Share                
Basic (in dollars per share) $ (2.11)     $ 1.70     $ (7.58) $ 3.65
Diluted (in dollars per share) $ (2.11)     $ 1.70     $ (7.58) $ 3.64
Weighted Average Number of Common Stock Shares Outstanding:                
Basic (in shares) 46,001     47,119     45,980 47,784
Diluted (in shares) 46,001     47,236     45,980 47,847
Cash dividend declared per common stock share (in dollars per share) $ 0   $ 0.12 $ 0.12 $ 0.12 $ 0.12 $ 0.12 $ 0.36
Passenger                
Operating Revenue:                
Operating revenue $ 39,777     $ 694,263     $ 573,008 $ 1,948,990
Other                
Operating Revenue:                
Operating revenue $ 36,205     $ 60,888     $ 122,122 $ 175,101