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Condensed Statements Of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net income $ 31,935 $ 61,920
Adjustments to reconcile net income to net cash provided by operations:    
Losses reclassified from other comprehensive income 84 90
Equity-based compensation 2,816 1,790
Allowance for doubtful accounts (recoveries) (30) 25
Amortization of deferred gains and losses and debt issuance costs 3,351 1,968
Depreciation and amortization 31,509 23,109
Deferred income tax expense 19,474 21,066
Loss on disposal of assets 1,105 214
Lease termination costs 4,776 16,202
Changes in operating assets and liabilities:    
Accounts receivable (7,526) (4,229)
Aircraft maintenance deposits (12,774) (12,311)
Prepaid income taxes (846) 72,278
Long-term deposits and other assets (21,267) (8,495)
Accounts payable 18,937 4,703
Air traffic liability 102,207 46,473
Other liabilities 298 33,296
Other 113 0
Net cash provided by operating activities 174,162 258,099
Investing activities:    
Purchase of available-for-sale investment securities (24,490) 0
Proceeds from the maturity of available-for-sale investment securities 24,219 0
Pre-delivery deposits for flight equipment, net of refunds (44,752) (50,358)
Capitalized interest (1,647) (2,575)
Purchase of property and equipment (112,265) (159,829)
Net cash used in investing activities (158,935) (212,762)
Financing activities:    
Proceeds from issuance of long-term debt 115,526 73,914
Proceeds from stock options exercised 0 88
Payments on debt and capital lease obligations (10,235) (9,749)
Excess tax (deficiency) benefit from equity-based compensation 0 (778)
Repurchase of common stock (1,034) (9,601)
Debt issuance costs (2,274) (34)
Net cash provided by financing activities 101,983 53,840
Net (decrease) increase in cash and cash equivalents 117,210 99,177
Cash and cash equivalents at beginning of period 700,900 803,632
Cash and cash equivalents at end of period 818,110 902,809
Cash payments for:    
Interest, net of capitalized interest 3,943 3,430
Income taxes paid, net of refunds 2,881 (64,158)
Non-cash transactions:    
Capital expenditures funded by capital lease borrowings $ (130) $ (31)