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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Rental of flight equipment $ 213,835 $ 172,856 $ 610,237 $ 459,643
Interest and other 2,070 2,069 5,537 6,008
Total revenues 215,905 174,925 615,774 465,651
Expenses        
Interest 41,946 35,248 125,644 91,308
Amortization of discounts and deferred debt issue costs 6,012 4,595 16,571 11,553
Interest expense 47,958 39,843 142,215 102,861
Depreciation of flight equipment 71,811 57,932 204,457 154,805
Selling, general and administrative 17,497 12,833 48,392 40,750
Stock-based compensation 3,751 7,124 17,839 24,548
Total expenses 141,017 117,732 412,903 322,964
Income before taxes 74,888 57,193 202,871 142,687
Income tax expense (26,310) (20,182) (71,307) (50,577)
Net income $ 48,578 $ 37,011 $ 131,564 $ 92,110
Net income per share of Class A and Class B Common Stock:        
Basic (in dollars per share) $ 0.48 $ 0.37 $ 1.30 $ 0.91
Diluted (in dollars per share) $ 0.46 $ 0.36 $ 1.25 $ 0.90
Weighted-average shares outstanding:        
Basic (in shares) 101,753,783 101,247,337 101,440,360 100,906,094
Diluted (in shares) 109,227,709 107,875,105 108,784,560 107,574,616