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Condensed Statements Of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Operating activities:    
Net income $ 145,706 $ 102,555
Adjustments to reconcile net income to net cash provided by operations:    
Unrealized (gains) losses on open fuel derivative contracts, net 4,257 0
Equity-based compensation, net 4,743 3,872
Allowance for doubtful accounts (recoveries) 8 (33)
Amortization of deferred gains and losses 397 (178)
Depreciation and amortization 32,002 22,465
Deferred income tax expense (benefit) 559 (395)
Loss on disposal of assets 1,010 865
Capitalized interest (5,362) (210)
Changes in operating assets and liabilities:    
Accounts receivable (8,137) (14,188)
Prepaid maintenance reserves (4,621) (14,286)
Long-term deposits and other assets (10,930) (27,020)
Accounts payable 7,856 (1,462)
Air traffic liability 90,056 64,331
Other liabilities 39,327 7,819
Net cash provided by operating activities 296,871 144,135
Investing activities:    
Pre-delivery deposits for flight equipment, net of refunds (70,971) (94,009)
Purchase of property and equipment (308,163) (7,430)
Net cash used in investing activities (379,134) (101,439)
Financing activities:    
Proceeds from issuance of long-term debt 296,000 0
Proceeds from stock options exercised 23 63
Payments on debt and capital lease obligations (8,940) (511)
Sale Leaseback Transaction, Gross Proceeds, Financing Activities 7,300 0
Payments to pre-IPO shareholders pursuant to tax receivable agreement 0 (5,643)
Excess tax benefits from equity-based compensation 8,504 1,225
Repurchase of common stock (79,415) (1,222)
Debt issuance costs (4,669) 0
Net cash provided by financing activities 218,803 (6,088)
Net increase in cash and cash equivalents 136,540 36,608
Cash and cash equivalents at beginning of period 632,784 530,631
Cash and cash equivalents at end of period 769,324 567,239
Cash payments for:    
Interest (net of capitalized interest) 1,758 326
Taxes $ 54,198 $ 52,093