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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities:      
Net income $ 76,448 $ 72,481 $ 83,693
Adjustments to reconcile net income to net cash provided by operations:      
Changes in fair value of open fuel hedge contracts 3,203 (2,064) (1,449)
Gain on debt extinguishment       (19,711)
Non-cash restructuring credit charges, net    22 60
Equity based stock compensation, net 530 569 113
Allowance for doubtful accounts 27 (110) 109
Amortization of deferred gains and debt issuance costs (1,047) (574) (255)
Depreciation and amortization 7,760 5,620 4,924
Deferred income tax benefit (loss) 44,180 (52,811)   
Loss on disposal of assets 255 77 1,010
Interest and dividends incurred but not paid 21,875 43,202 38,080
Capitalized interest (2,890) (1,491) (951)
Changes in operating assets and liabilities:      
Restricted cash 72,736 (20,196) 16,857
Accounts receivable (5,728) (1,014) (2,450)
Prepaid maintenance reserves (36,848) (35,694) (26,923)
Long-term deposits and other assets (15,992) (13,981) (6,542)
Accounts payable 2,457 (2,007) (6,566)
Air traffic liability 6,573 19,107 (3,239)
Other liabilities (2,189) 16,132 (7,313)
Other (152) (235) (380)
Net cash provided by operating activities 171,198 27,033 69,067
Investing activities:      
Proceeds from sale of property and equipment 150 333 19,491
Pre-delivery deposits for flight equipment, net of refunds (53,274) (25,474) (2,384)
Purchase of property and equipment, net (14,093) (5,325) (14,778)
Net cash used in investing activities (67,217) (30,466) 2,329
Financing activities:      
Proceeds from issuance of debt       2,000
Proceeds from issuance of common stock, net of offering expenses 170,828      
Proceeds from options exercised 423 0 0
Payments on debt and capital lease obligations (18,221)    (2,239)
Proceeds from sale leaseback transactions 4,481 0 0
Repurchase of restricted common stock (886)    (43)
Debt issuance costs 8    (1,196)
Net cash provided by financing activities 156,633 0 (1,478)
Net increase (decrease) in cash and cash equivalents 260,614 (3,433) 69,918
Cash and cash equivalents at beginning of period 82,714 86,147 16,229
Cash and cash equivalents at end of period 343,328 82,714 86,147
Supplemental disclosures      
Interest Paid 10,562 4,303 12,177
Taxes paid 1,477 562 1,974
Non-cash transactions      
Exchange of notes due to related parties for common stock 279,206      
Exchange of mandatorily redeemable preferred stock for common stock 81,747      
Liability and equity related to tax receivable agreement $ 36,488