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Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating activities:      
Net income $ 108,460 $ 76,448 $ 72,481
Adjustments to reconcile net income to net cash provided by operations:      
Changes in fair value of open fuel hedge contracts 46 3,204 (2,065)
Non-cash restructuring credit charges, net 0 0 22
Equity based stock compensation, net 4,327 530 569
Allowance for doubtful accounts (recoveries) 78 27 (110)
Amortization of deferred gains, losses and debt issuance costs (830) (1,047) (574)
Depreciation and amortization 15,256 7,760 5,620
Deferred income tax benefit (loss) 29,255 44,180 (52,811)
Loss on disposal of assets 956 255 77
Gain on slot sale (9,060) 0 0
Interest and dividends incurred but not paid 0 21,875 43,202
Capitalized interest (1,350) (2,890) (1,491)
Changes in operating assets and liabilities:      
Restricted cash 0 72,736 (20,196)
Accounts receivable (7,393) (5,728) (1,014)
Prepaid maintenance reserves (31,567) (36,848) (35,694)
Long-term deposits and other assets (68,248) (15,992) (13,981)
Accounts payable 8,452 2,457 (2,007)
Air traffic liability 19,134 6,573 19,107
Other liabilities 46,115 (2,189) 16,132
Other 0 (153) (234)
Net cash provided by operating activities 113,631 171,198 27,033
Investing activities:      
Proceeds from sale of property and equipment 14 150 333
Proceeds from sale of slots 9,060 0 0
Pre-delivery deposits for flight equipment, net of refunds (12,626) (53,274) (25,474)
Purchase of property and equipment (23,771) (14,093) (5,325)
Net cash used in investing activities (27,323) (67,217) (30,466)
Financing activities:      
Proceeds from issuance of common stock, net offering expenses 0 170,828 0
Proceeds from options exercised 469 423 0
Payments on debt and capital lease obligations 0 (18,221) 0
Proceeds from sale leaseback transactions 12,540 4,481 0
Payments to pre-IPO shareholders pursuant to tax receivable agreement (26,905) 0 0
Excess tax benefits from share-based compensation 2,098 0 0
Repurchase of common stock (1,022) (886) 0
Debt issuance costs 0 8 0
Net cash (used in) provided by financing activities (12,820) 156,633 0
Net increase (decrease) in cash and cash equivalents 73,488 260,614 (3,433)
Cash and cash equivalents at beginning of period 343,328 82,714 86,147
Cash and cash equivalents at end of period 416,816 343,328 82,714
Supplemental disclosures      
Interest 303 10,562 4,303
Taxes 40,204 1,477 562
Non-cash transactions:      
Exchange of notes due to related parties for common stock 0 279,206 0
Exchange of mandatorily redeemable preferred stock for common stock 0 81,747 0
Liability and equity related to tax receivable agreement $ (1,497) $ 36,488 $ 0