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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Operating Activities    
Net income $ 82,986 $ 55,099
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of flight equipment 132,646 96,873
Stock-based compensation 14,088 17,424
Deferred taxes 44,997 30,391
Amortization of discounts and deferred debt issue costs 10,559 6,958
Changes in operating assets and liabilities:    
Other assets 8,555 (8,387)
Accrued interest and other payables 5,462 31,161
Rentals received in advance 8,587 10,701
Net cash provided by operating activities 307,880 240,220
Investing Activities    
Acquisition of flight equipment under operating lease (705,774) (1,256,809)
Payments for deposits on flight equipment purchases (464,636) (250,836)
Acquisition of furnishings, equipment and other assets (47,327) (55,243)
Net cash used in investing activities (1,217,737) (1,562,888)
Financing Activities    
Issuance of common stock   70
Cash dividends paid (2,532)  
Tax withholdings related to vesting of restricted stock units (1,742)  
Net change in unsecured revolving facilities 530,000 122,000
Proceeds from debt financings 653,849 1,586,188
Payments in reduction of debt financings (343,518) (287,369)
Restricted cash 28,332 (16,852)
Debt issue costs (26,261) (32,661)
Security deposits and maintenance reserve receipts 90,092 78,247
Security deposits and maintenance reserve disbursements (14,153) (20,173)
Net cash provided by financing activities 914,067 1,429,450
Net increase in cash 4,210 106,782
Cash and cash equivalents at beginning of period 230,089 281,805
Cash and cash equivalents at end of period 234,299 388,587
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest, including capitalized interest of $14,887 and $8,631 at June 30, 2013 and 2012 87,511 43,010
Supplemental Disclosure of Noncash Activities    
Buyer furnished equipment, capitalized interest, deposits on flight equipment purchases and seller financing applied to acquisition of flight equipment 163,464 255,900
Cash dividends declared, not yet paid $ 2,533