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Condensed Statements Of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net income $ 135,004 $ 145,706
Adjustments to reconcile net income to net cash provided by operations:    
Unrealized losses on open derivative contracts, net 0 4,257
Losses reclassified from other comprehensive income 178 0
Equity-based compensation 3,905 4,743
Allowance for doubtful accounts 221 8
Amortization of deferred gains and losses 2,810 397
Depreciation and amortization 48,066 32,002
Deferred income tax expense 45,810 559
Loss on disposal of assets 743 1,010
Lease termination cost 24,254 0
Changes in operating assets and liabilities:    
Accounts receivable (12,662) (8,137)
Aircraft maintenance deposits (29,721) (4,621)
Prepaid income taxes 69,444 0
Long-term deposits and other assets (22,055) (10,930)
Accounts payable 3,024 7,856
Air traffic liability 66,531 90,056
Other liabilities 25,269 36,728
Net cash provided by operating activities 360,821 299,634
Investing activities:    
Proceeds from sale of property and equipment 50 0
Capitalized interest (4,554) (2,763)
Pre-delivery deposits for flight equipment, net of refunds (60,772) (70,971)
Purchase of property and equipment (303,175) (308,163)
Net cash used in investing activities (368,451) (381,897)
Financing activities:    
Proceeds from issuance of long-term debt 300,547 296,000
Proceeds from stock options exercised 92 23
Payments on debt and capital lease obligations (19,665) (8,940)
Sale Leaseback Transaction, Gross Proceeds, Financing Activities 0 7,300
Excess tax benefit (deficiency) from equity-based compensation (511) 8,504
Repurchase of common stock (62,278) (79,415)
Debt issuance costs (107) (4,669)
Net cash provided by financing activities 218,078 218,803
Net increase in cash and cash equivalents 210,448 136,540
Cash and cash equivalents at beginning of period 803,632 632,784
Cash and cash equivalents at end of period 1,014,080 769,324
Cash payments for:    
Interest, net of capitalized interest 21,804 1,758
Income taxes paid, net of refunds $ (36,142) $ 54,198