XML 17 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 818,110 $ 700,900
Short-term investment securities 100,294 100,155
Accounts receivable, net 48,692 41,136
Aircraft maintenance deposits 125,758 87,035
Prepaid expenses and other current assets 53,677 46,619
Total current assets 1,146,531 975,845
Property and equipment:    
Flight equipment 1,608,959 1,461,525
Ground property and equipment 136,126 126,206
Less accumulated depreciation (140,535) (122,509)
Total property and equipment 1,604,550 1,465,222
Deposits on flight equipment purchase contracts 330,523 325,688
Long-term aircraft maintenance deposits 170,631 199,415
Deferred heavy maintenance, net 71,870 75,534
Other long-term assets 114,509 110,223
Total assets 3,438,614 3,151,927
Current liabilities:    
Accounts payable 39,612 15,193
Air traffic liability 308,958 206,392
Current maturities of long-term debt 92,672 84,354
Other current liabilities 231,932 226,011
Total current liabilities 673,174 531,950
Long-term debt, less current maturities 991,722 897,359
Deferred income taxes 327,660 308,143
Deferred gains and other long-term liabilities 17,712 19,868
Shareholders’ equity:    
Common stock 7 7
Additional paid-in-capital 553,820 551,004
Treasury stock, at cost (219,726) (218,692)
Retained earnings 1,095,568 1,063,633
Accumulated other comprehensive loss (1,323) (1,345)
Total shareholders’ equity 1,428,346 1,394,607
Total liabilities and shareholders’ equity $ 3,438,614 $ 3,151,927