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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2020
Jun. 30, 2019
Statement of Cash Flows [Abstract]      
Net income (loss) $ (190,977) $ (225,198) $ 65,922
Adjustments to reconcile net income (loss) to net cash and restricted cash provided by operating activities:      
Depreciation 88,117 177,822 174,313
Amortization of deferred financing costs   6,840 6,958
Amortization of lease premiums, discounts and incentives 6,404 12,100 11,056
Deferred income taxes   1,479 7,957
Non-cash share-based payment expense 0 38,727 5,903
Cash flow hedges reclassified into earnings 0 0 184
Proceeds from Collection of Finance Receivables   11,861 10,971
Security deposits and maintenance payments included in earnings   (129,349) (24,162)
Gain on sale of flight equipment 279 (26,770) (12,348)
Gain (Loss) on Extinguishment of Debt (65) (4,020) 0
Impairment of flight equipment 280,088 342,745 7,404
Provision for Loan and Lease Losses 1,206 4,801 0
Other   (1,300) 393
Changes in certain assets and liabilities:      
Accounts receivable   (54,404) (7,899)
Other assets   (52,990) 3,582
Accounts payable, accrued expenses and other liabilities   (13,981) (11,619)
Lease rentals received in advance   (33,064) 7,181
Net cash and restricted cash provided by operating activities   63,339 245,612
Cash flows from investing activities:      
Acquisition and improvement of flight equipment   (52,419) (660,723)
Proceeds from sale of flight equipment   155,560 56,924
Aircraft purchase deposits and progress payments, net of returned deposits and aircraft sales deposits   (10,212) 18,054
Other   (508) 2,241
Net cash and restricted cash provided by (used in) investing activities   92,421 (591,055)
Cash flows from financing activities:      
Repurchase of shares   (27,906) (14,288)
Proceeds from Contributions from Parent   25,536 0
Proceeds from secured and unsecured debt financings   650,000 1,841,848
Repayments of secured and unsecured debt financings   (608,189) (1,105,353)
Payment for Debt Extinguishment or Debt Prepayment Cost   2,750 0
Deferred financing costs   0 (12,165)
Security deposits and maintenance payments received   49,824 92,514
Security deposits and maintenance payments returned   (49,307) (64,788)
Dividends paid   (24,025) (45,054)
Net cash and restricted cash provided by financing activities   13,183 692,714
Net increase in cash and restricted cash:   168,943 347,271
Cash and restricted cash at beginning of period   155,443 167,853
Cash and restricted cash at end of period 324,386 324,386 515,124
Unrestricted and restricted cash and cash equivalents $ 324,386 324,386 515,124
Supplemental disclosures of cash flow information:      
Cash paid for interest   116,546 121,523
Cash paid for income taxes   144 115
Supplemental disclosures of non-cash investing activities:      
Advance lease rentals, security deposits, maintenance payments, other liabilities and other assets assumed in asset acquisitions   37,742 35,889
Advance lease rentals, security deposits, maintenance payments, other liabilities and other assets settled in sale of flight equipment   16,480 10,938
Transfers from flight equipment held for lease to Net investment in leases and Other assets   28,916 59,185
Payments to Acquire Interest in Subsidiaries and Affiliates   $ 0 $ 7,551