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Condensed Balance Sheets (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 1,122,139 $ 1,004,733
Short-term investment securities 103,491 102,789
Accounts receivable, net 70,946 47,660
Aircraft maintenance deposits, net 129,838 106,901
Prepaid expenses and other current assets 90,346 83,383
Total current assets 1,516,760 1,345,466
Property and equipment:    
Flight equipment 3,322,618 3,257,215
Ground property and equipment 201,579 191,661
Less accumulated depreciation (369,405) (332,864)
Total property and equipment 3,154,792 3,116,012
Operating lease right-of-use assets 1,046,262 0
Pre-delivery deposits on flight equipment 264,419 236,775
Long-term aircraft maintenance deposits 118,359 138,738
Deferred heavy maintenance, net 280,118 249,010
Other long-term assets 43,229 79,456
Total assets 6,423,939 5,165,457
Current liabilities:    
Accounts payable 26,713 39,320
Air traffic liability 403,001 291,981
Current maturities of long-term debt and finance leases 173,413 163,557
Current maturities of operating leases 128,138 0
Other current liabilities 395,404 339,677
Total current liabilities 1,126,669 834,535
Long-term debt and finance leases, less current maturities 2,039,619 2,024,774
Operating leases, less current maturities 895,056 0
Deferred income taxes 366,854 355,141
Deferred gains and other long-term liabilities 18,085 22,503
Shareholders’ equity:    
Common stock 7 7
Additional paid-in-capital 374,896 371,225
Treasury stock, at cost (72,239) (67,016)
Retained earnings 1,676,008 1,625,481
Accumulated other comprehensive income (loss) (1,016) (1,193)
Total shareholders’ equity 1,977,656 1,928,504
Total liabilities and shareholders’ equity $ 6,423,939 $ 5,165,457