XML 16 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE INCOME/(LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues [Abstract]        
Rental of flight equipment $ 541,397 $ 519,535 $ 1,653,223 $ 1,439,674
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Aircraft Sales, Trading And Other [Member] Aircraft Sales, Trading And Other [Member] Aircraft Sales, Trading And Other [Member] Aircraft Sales, Trading And Other [Member]
Aircraft sales, trading and other $ 19,937 $ 4,974 $ 62,469 $ 51,539
Total revenues 561,334 524,509 1,715,692 1,491,213
Expenses        
Interest 122,348 114,659 358,621 346,244
Amortization of debt discounts and issuance costs 13,162 12,571 39,772 37,109
Interest expense 135,510 127,230 398,393 383,353
Depreciation 242,503 224,960 713,095 651,742
Write-off of Russian fleet 0 0 802,352 0
Selling, general and administrative 39,718 31,082 110,993 84,682
Stock-based compensation expense 5,764 6,692 9,799 18,800
Total expenses 423,495 389,964 2,034,632 1,138,577
Income/(loss) before taxes 137,839 134,545 (318,940) 352,636
Income tax (expense)/benefit (27,458) (27,208) 76,606 (67,785)
Net income/(loss) 110,381 107,337 (242,334) 284,851
Preferred stock dividends (10,425) (7,331) (31,275) (19,010)
Net income/(loss) available to common stockholders, basic 99,956 100,006 (273,609) 265,841
Net income/(loss) available to common stockholders, diluted 99,956 100,006 (273,609) 265,841
Other comprehensive income/(loss):        
Foreign currency translation adjustment 21,481 7,129 27,811 (943)
Change in fair value of hedged transactions (17,063) (7,874) (21,774) (1,677)
Total tax (expense)/benefit on other comprehensive income/loss (946) 159 (1,292) 560
Other comprehensive income/(loss), net of tax 3,472 (586) 4,745 (2,060)
Total comprehensive income/(loss) attributable for common stockholders $ 103,428 $ 99,420 $ (268,864) $ 263,781
Earnings/(loss) per share of common stock:        
Basic (in dollars per share) $ 0.90 $ 0.88 $ (2.45) $ 2.33
Diluted (in dollars per share) $ 0.90 $ 0.87 $ (2.45) $ 2.32
Weighted-average shares outstanding        
Basic (in shares) 110,892,097 114,122,512 111,874,002 114,071,951
Diluted (in shares) 111,090,133 114,381,621 111,874,002 114,415,169
Dividends declared per share of common stock (in dollars per share) $ 0.185 $ 0.16 $ 0.555 $ 0.48