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Condensed Statements Of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating activities:    
Net income $ 170,268 $ 216,386
Adjustments to reconcile net income to net cash provided by operations:    
Losses reclassified from other comprehensive income 252 267
Equity-based compensation 6,723 5,503
Allowance for doubtful accounts (recoveries) (53) 213
Amortization of deferred gains and losses and debt issuance costs 6,415 3,837
Depreciation and amortization 103,680 73,370
Deferred income tax expense 97,834 77,627
Loss on disposal of assets 3,114 1,166
Lease termination costs 12,629 31,609
Changes in operating assets and liabilities:    
Accounts receivable (5,046) (7,840)
Aircraft maintenance deposits, net (28,422) (38,299)
Prepaid income taxes (160) 66,218
Long-term deposits and other assets (81,622) (43,252)
Accounts payable 13,829 (7,044)
Air traffic liability 70,540 21,963
Other liabilities 16,152 38,317
Other 339 0
Net cash provided by operating activities 386,472 440,041
Investing activities:    
Purchase of available-for-sale investment securities (96,851) (100,076)
Proceeds from the maturity of available-for-sale investment securities 95,881 0
Proceeds from sale of property and equipment 0 50
Pre-delivery deposits for flight equipment, net of refunds (121,702) (109,260)
Capitalized interest (8,054) (7,032)
Purchase of property and equipment (428,061) (447,455)
Net cash used in investing activities (558,787) (663,773)
Financing activities:    
Proceeds from issuance of long-term debt 405,827 378,569
Proceeds from stock options exercised 45 92
Payments on debt and capital lease obligations (63,643) (29,663)
Excess tax (deficiency) benefit from equity-based compensation 0 (497)
Repurchase of common stock (1,238) (102,390)
Debt issuance costs (5,896) (107)
Net cash provided by financing activities 335,095 246,004
Net (decrease) increase in cash and cash equivalents 162,780 22,272
Cash and cash equivalents at beginning of period 700,900 803,632
Cash and cash equivalents at end of period 863,680 825,904
Cash payments for:    
Interest, net of capitalized interest 22,541 26,025
Income taxes paid, net of refunds 4,352 (18,169)
Non-cash transactions:    
Capital expenditures funded by capital lease borrowings $ (1,370) $ (31)