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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net income/(loss) $ 128,720 $ (468,993)
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:    
Depreciation of flight equipment 259,680 235,308
Write-off of Russian fleet 0 802,352
Stock-based compensation expense 5,896 (2,523)
Deferred taxes 28,726 (133,360)
Amortization of debt discounts and issuance costs 13,073 13,198
Amortization of prepaid lease costs 18,323 13,193
Gain on aircraft sales, trading and other activity (41,650) (66,791)
Changes in operating assets and liabilities:    
Other assets (26,907) (74,560)
Accrued interest and other payables (45,493) (64,068)
Rentals received in advance 8,122 938
Net cash provided by operating activities 348,490 254,694
Investing Activities    
Acquisition of flight equipment under operating lease (1,236,828) (395,402)
Payments for deposits on flight equipment purchases (4,000) (172,943)
Proceeds from aircraft sales, trading and other activity 21,391 750
Acquisition of aircraft furnishings, equipment and other assets (53,939) (52,974)
Net cash used in investing activities (1,273,376) (620,569)
Financing Activities    
Cash dividends paid on Class A common stock (22,178) (21,088)
Common shares repurchased 0 (97,644)
Cash dividends paid on preferred stock (10,425) (10,425)
Tax withholdings on stock-based compensation (3,229) (8,095)
Net change in unsecured revolving facilities 653,000 0
Proceeds from debt financings 1,352,766 1,497,615
Payments in reduction of debt financings (1,209,971) (708,847)
Debt issuance costs (3,159) (2,740)
Security deposits and maintenance reserve receipts 93,377 125,727
Security deposits and maintenance reserve disbursements (3,775) (4,864)
Net cash provided by financing activities 846,406 769,639
Net decrease in cash (78,480) 403,764
Cash, cash equivalents and restricted cash at beginning of period 780,017 1,108,292
Cash, cash equivalents and restricted cash at end of period 701,537 1,512,056
Supplemental Disclosure of Cash Flow Information    
Cash paid during the period for interest, including capitalized interest of $10,658 and $9,365 at March 31, 2023 and 2022, respectively 197,935 179,026
Cash paid for income taxes 3,571 3,446
Supplemental Disclosure of Noncash Activities    
Buyer furnished equipment, capitalized interest and deposits on flight equipment purchases applied to acquisition of flight equipment 227,738 85,791
Cash dividends declared on common stock, not yet paid $ 22,203 $ 21,136