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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 863,680 $ 700,900
Short-term investment securities 100,732 100,155
Accounts receivable, net 46,235 41,136
Aircraft maintenance deposits, net 166,386 87,035
Prepaid expenses and other current assets 67,707 46,619
Total current assets 1,244,740 975,845
Property and equipment:    
Flight equipment 2,017,888 1,461,525
Ground property and equipment 148,324 126,206
Less accumulated depreciation (183,065) (122,509)
Total property and equipment 1,983,147 1,465,222
Deposits on flight equipment purchase contracts 304,732 325,688
Long-term aircraft maintenance deposits 138,672 199,415
Deferred heavy maintenance, net 87,566 75,534
Other long-term assets 112,085 110,223
Total assets 3,870,942 3,151,927
Current liabilities:    
Accounts payable 30,961 15,193
Air traffic liability 276,933 206,392
Current maturities of long-term debt 105,958 84,354
Other current liabilities 249,132 226,011
Total current liabilities 662,984 531,950
Long-term debt, less current maturities 1,214,138 897,359
Deferred income taxes 406,080 308,143
Deferred gains and other long-term liabilities 17,204 19,868
Shareholders’ equity:    
Common stock 7 7
Additional paid-in-capital 557,772 551,004
Treasury stock, at cost (219,930) (218,692)
Retained earnings 1,233,901 1,063,633
Accumulated other comprehensive loss (1,214) (1,345)
Total shareholders’ equity 1,570,536 1,394,607
Total liabilities and shareholders’ equity $ 3,870,942 $ 3,151,927