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Condensed Consolidated Statements of Income (unaudited, in thousands, except for per share amounts) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
OPERATING REVENUE:        
Scheduled service revenue $ 133,309 $ 107,452 $ 261,842 $ 217,886
Ancillary revenue:        
Air-related charges 45,991 43,501 91,307 86,151
Third party products 8,291 7,152 15,280 12,094
Total ancillary revenue 54,282 50,653 106,587 98,245
Fixed fee contract revenue 9,470 9,903 21,492 21,170
Other revenue 3,388 342 3,759 686
Total operating revenue 200,449 168,350 393,680 337,987
OPERATING EXPENSES:        
Aircraft fuel 86,454 62,222 165,641 119,588
Salary and benefits 29,884 26,764 60,749 52,656
Station operations 16,553 15,493 33,026 31,175
Maintenance and repairs 20,132 14,669 36,347 27,439
Sales and marketing 5,407 4,118 10,657 9,201
Aircraft lease rentals 330 571 645 1,078
Depreciation and amortization 10,156 8,351 20,046 17,042
Other 10,821 8,081 18,030 15,482
Total operating expenses 179,737 140,269 345,141 273,661
OPERATING INCOME 20,712 28,081 48,539 64,326
OTHER (INCOME) EXPENSE:        
(Earnings) loss from unconsolidated affiliates, net (20) (33) (14) 109
Interest income (386) (344) (662) (755)
Interest expense 2,235 655 3,031 1,404
Total other (income) expense 1,829 278 2,355 758
INCOME BEFORE INCOME TAXES 18,883 27,803 46,184 63,568
PROVISION FOR INCOME TAXES 6,934 10,241 17,082 23,406
NET INCOME $ 11,949 $ 17,562 $ 29,102 $ 40,162
Earnings per share to common stockholders:        
Basic (in Dollars per share) $ 0.63 $ 0.88 $ 1.53 $ 2.02
Diluted (in Dollars per share) $ 0.62 $ 0.87 $ 1.52 $ 1.99
Weighted average shares outstanding used in computing earnings per share to common stockholders:        
Basic (in Shares) 18,931 19,805 18,920 19,805
Diluted (in Shares) 19,131 20,170 19,116 20,070