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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 898,457 $ 800,849
Short-term investment securities 101,254 100,937
Accounts receivable, net 52,313 49,323
Aircraft maintenance deposits, net 95,167 175,615
Income tax receivable 69,844 69,844
Prepaid expenses and other current assets 81,806 85,542
Total current assets 1,298,841 1,282,110
Property and equipment:    
Flight equipment 2,853,431 2,291,110
Ground property and equipment 161,398 155,166
Less accumulated depreciation (235,532) (207,808)
Total property and equipment 2,779,297 2,238,468
Deposits on flight equipment purchase contracts 205,040 253,687
Long-term aircraft maintenance deposits 149,751 150,617
Deferred heavy maintenance, net 138,942 99,915
Other long-term assets 82,560 121,003
Total assets 4,654,431 4,145,800
Current liabilities:    
Accounts payable 31,674 22,822
Air traffic liability 357,193 263,711
Current maturities of long-term debt and capital leases 280,281 115,430
Other current liabilities 378,178 262,370
Total current liabilities 1,047,326 664,333
Long-term debt, less current maturities 1,570,926 1,387,498
Deferred income taxes 292,888 308,814
Deferred gains and other long-term liabilities 23,486 22,581
Shareholders’ equity:    
Common stock 7 7
Additional paid-in-capital 363,230 360,153
Treasury stock, at cost (66,813) (65,854)
Retained earnings 1,424,810 1,469,732
Accumulated other comprehensive loss (1,429) (1,464)
Total shareholders’ equity 1,719,805 1,762,574
Total liabilities and shareholders’ equity $ 4,654,431 $ 4,145,800