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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 812,362 $ 800,849
Short-term investment securities 101,714 100,937
Accounts receivable, net 58,547 49,323
Aircraft maintenance deposits, net 107,252 175,615
Income tax receivable 70,672 69,844
Prepaid expenses and other current assets 79,788 85,542
Total current assets 1,230,335 1,282,110
Property and equipment:    
Flight equipment 2,911,378 2,291,110
Ground property and equipment 168,039 155,166
Less accumulated depreciation (261,314) (207,808)
Total property and equipment 2,818,103 2,238,468
Deposits on flight equipment purchase contracts 240,224 253,687
Long-term aircraft maintenance deposits 141,183 150,617
Deferred heavy maintenance, net 172,799 99,915
Other long-term assets 79,081 121,003
Total assets 4,681,725 4,145,800
Current liabilities:    
Accounts payable 50,310 22,822
Air traffic liability 357,645 263,711
Current maturities of long-term debt and capital leases 145,865 115,430
Other current liabilities 346,407 262,370
Total current liabilities 900,227 664,333
Long-term debt, less current maturities 1,731,766 1,387,498
Deferred income taxes 295,601 308,814
Deferred gains and other long-term liabilities 20,630 22,581
Shareholders’ equity:    
Common stock 7 7
Additional paid-in-capital 365,536 360,153
Treasury stock, at cost (66,840) (65,854)
Retained earnings 1,436,064 1,469,732
Accumulated other comprehensive income (loss) (1,266) (1,464)
Total shareholders’ equity 1,733,501 1,762,574
Total liabilities and shareholders’ equity $ 4,681,725 $ 4,145,800