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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 869,153 $ 700,900
Short-term investment securities 100,464 100,155
Accounts receivable, net 47,996 41,136
Aircraft maintenance deposits 155,093 87,035
Prepaid expenses and other current assets 57,798 46,619
Total current assets 1,230,504 975,845
Property and equipment:    
Flight equipment 1,809,747 1,461,525
Ground property and equipment 140,954 126,206
Less accumulated depreciation (161,191) (122,509)
Total property and equipment 1,789,510 1,465,222
Deposits on flight equipment purchase contracts 317,867 325,688
Long-term aircraft maintenance deposits 146,162 199,415
Deferred heavy maintenance, net 75,858 75,534
Other long-term assets 114,444 110,223
Total assets 3,674,345 3,151,927
Current liabilities:    
Accounts payable 33,186 15,193
Air traffic liability 312,587 206,392
Current maturities of long-term debt 95,428 84,354
Other current liabilities 244,629 226,011
Total current liabilities 685,830 531,950
Long-term debt, less current maturities 1,089,159 897,359
Deferred income taxes 372,998 308,143
Deferred gains and other long-term liabilities 18,125 19,868
Shareholders’ equity:    
Common stock 7 7
Additional paid-in-capital 555,704 551,004
Treasury stock, at cost (219,909) (218,692)
Retained earnings 1,173,711 1,063,633
Accumulated other comprehensive loss (1,280) (1,345)
Total shareholders’ equity 1,508,233 1,394,607
Total liabilities and shareholders’ equity $ 3,674,345 $ 3,151,927