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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Rental of flight equipment $ 206,299 $ 155,050 $ 396,402 $ 286,787
Interest and other 1,573 3,123 3,467 3,939
Total revenues 207,872 158,173 399,869 290,726
Expenses        
Interest 43,468 34,146 83,698 56,060
Amortization of discounts and deferred debt issue costs 5,349 4,091 10,559 6,958
Interest expense 48,817 38,237 94,257 63,018
Depreciation of flight equipment 68,783 52,537 132,646 96,873
Selling, general and administrative 16,648 14,308 30,895 27,917
Stock-based compensation 7,313 9,207 14,088 17,424
Total expenses 141,561 114,289 271,886 205,232
Income before taxes 66,311 43,884 127,983 85,494
Income tax expense (23,321) (15,712) (44,997) (30,395)
Net income $ 42,990 $ 28,172 $ 82,986 $ 55,099
Net income per share of Class A and Class B Common Stock:        
Basic (in dollars per share) $ 0.42 $ 0.28 $ 0.82 $ 0.55
Diluted (in dollars per share) $ 0.41 $ 0.28 $ 0.79 $ 0.54
Weighted-average shares outstanding:        
Basic (in shares) 101,301,263 100,749,892 101,270,323 100,733,597
Diluted (in shares) 108,815,938 107,410,967 108,665,884 107,420,100