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Condensed Statements Of Cash Flows (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net income $ 110,078 $ 135,004
Adjustments to reconcile net income to net cash provided by operations:    
Losses reclassified from other comprehensive income 167 178
Equity-based compensation 4,671 3,905
Allowance for doubtful accounts (recoveries) (51) 221
Amortization of deferred gains and losses and debt issuance costs 4,761 2,810
Depreciation and amortization 66,840 48,066
Deferred income tax expense 64,789 45,810
Loss on disposal of assets 2,598 743
Lease termination costs 4,776 24,254
Changes in operating assets and liabilities:    
Accounts receivable (6,808) (12,662)
Aircraft maintenance deposits (17,940) (29,721)
Prepaid income taxes (1,598) 69,444
Long-term deposits and other assets (44,900) (22,055)
Accounts payable 16,388 3,024
Air traffic liability 105,486 66,531
Other liabilities 14,234 25,269
Other 239 0
Net cash provided by operating activities 323,730 360,821
Investing activities:    
Purchase of available-for-sale investment securities (68,459) 0
Proceeds from the maturity of available-for-sale investment securities 67,857 0
Proceeds from sale of property and equipment 0 50
Pre-delivery deposits for flight equipment, net of refunds (79,357) (60,772)
Capitalized interest (6,375) (4,554)
Purchase of property and equipment (269,519) (303,175)
Net cash used in investing activities (355,853) (368,451)
Financing activities:    
Proceeds from issuance of long-term debt 255,827 300,547
Proceeds from stock options exercised 29 92
Payments on debt and capital lease obligations (50,099) (19,665)
Excess tax (deficiency) benefit from equity-based compensation 0 (511)
Repurchase of common stock (1,217) (62,278)
Debt issuance costs (4,164) (107)
Net cash provided by financing activities 200,376 218,078
Net (decrease) increase in cash and cash equivalents 168,253 210,448
Cash and cash equivalents at beginning of period 700,900 803,632
Cash and cash equivalents at end of period 869,153 1,014,080
Cash payments for:    
Interest, net of capitalized interest 16,869 21,804
Income taxes paid, net of refunds 4,340 (36,142)
Non-cash transactions:    
Capital expenditures funded by capital lease borrowings $ (1,370) $ (31)