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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Rental of flight equipment $ 1,339,002 $ 1,174,544 $ 991,241
Aircraft sales, trading and other 80,053 48,296 59,252
Total revenues 1,419,055 1,222,840 1,050,493
Expenses      
Interest 255,259 235,637 192,818
Amortization of debt discounts and issuance costs 30,942 30,507 27,772
Interest expense 286,201 266,144 220,590
Depreciation of flight equipment 452,682 397,760 336,657
Settlement   72,000  
Selling, general and administrative 82,993 76,961 82,422
Share-based Compensation 16,941 17,022 16,048
Total expenses 838,817 829,887 655,717
Income before taxes 580,238 392,953 394,776
Income tax expense (205,313) (139,562) (138,778)
Net income $ 374,925 $ 253,391 $ 255,998
Net income per share of Class A and Class B common stock:      
Basic (in dollars per share) $ 3.65 $ 2.47 $ 2.51
Diluted (in dollars per share) $ 3.44 $ 2.34 $ 2.38
Weighted-average shares outstanding      
Basic (in shares) 102,801,161 102,547,774 102,142,828
Diluted (in shares) 110,798,727 110,628,865 110,192,771