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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 825,904 $ 803,632
Investment securities 100,083 0
Accounts receivable, net 35,892 28,266
Aircraft maintenance deposits 87,105 73,415
Prepaid income taxes 6,060 72,278
Prepaid expenses and other current assets 48,455 48,749
Total current assets 1,103,499 1,026,340
Property and equipment:    
Flight equipment 1,386,310 834,927
Ground property and equipment 109,451 74,814
Less accumulated depreciation (105,653) (65,524)
Total property and equipment 1,390,108 844,217
Deposits on flight equipment purchase contracts 272,690 286,837
Long-term aircraft maintenance deposits 198,426 206,485
Deferred heavy maintenance, net 79,878 89,127
Other long-term assets 85,024 77,539
Total assets 3,129,625 2,530,545
Current liabilities:    
Accounts payable 29,906 17,043
Air traffic liability 238,793 216,831
Current maturities of long-term debt 84,443 49,637
Other current liabilities 217,779 182,729
Total current liabilities 570,921 466,240
Long-term debt, less current maturities 894,809 596,693
Long-term deferred income taxes 299,231 221,481
Deferred gains and other long-term liabilities 20,108 20,821
Shareholders’ equity:    
Common stock 7 7
Additional paid-in-capital 549,375 544,277
Treasury stock, at cost (218,572) (116,182)
Retained earnings 1,015,140 798,754
Accumulated other comprehensive loss (1,394) (1,546)
Total shareholders’ equity 1,344,556 1,225,310
Total liabilities and shareholders’ equity $ 3,129,625 $ 2,530,545