XML 24 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Rental of flight equipment $ 377,862 $ 354,653
Revenues 381,209 360,187
Expenses    
Interest 68,943 67,063
Amortization of debt discounts and issuance costs 8,022 8,992
Interest expense 76,965 76,055
Depreciation of flight equipment 136,134 123,909
Selling, general and administrative 23,359 22,572
Stock-based compensation 3,432 3,773
Total expenses 239,890 226,309
Income before taxes 141,319 133,878
Income tax expense (30,668) (48,941)
Net income $ 110,651 $ 84,937
Net income per share of Class A and Class B common stock:    
Basic (in dollars per share) $ 1.07 $ 0.83
Diluted (in dollars per share) $ 1.00 $ 0.78
Weighted-average shares outstanding    
Basic (in shares) 103,747,920 102,947,611
Diluted (in shares) 112,230,410 111,429,926
Dividends declared per share $ 0.10 $ 0.075
Aircraft sales, trading and other    
Revenues    
Revenues $ 3,347 $ 5,534