Special Credits

6 Months Ended

Jun. 30, 2021

Special Credits [Abstract]

Special Credits

Special Credits

During the three and six months ended June 30, 2021, the Company recorded $99.3 million and $255.8 million, respectively, net of related costs, within special credits on the Company’s condensed consolidated statements of operations related to the grant component of the PSP2 and PSP3 agreements with the Treasury.

In addition, during the three and six months ended June 30, 2021, the Company recorded $16.3 million and $37.5 million, respectively, related to the CARES Act Employee Retention credit within special credits on the Company’s condensed consolidated statements of operation. These special credits were partially offset by $0.6 million and $1.4 million in special charges recorded during the three and six months ended June 30, 2021, respectively. The $0.6 million and $1.4 million were related to salaries, wages and benefits paid to rehired employees, previously terminated with the Company's involuntary employee separation program, in compliance with the restrictions of PSP2.

During the three and six months ended June 30, 2020, the Company recorded $123.9 million within special credits on the Company’s condensed consolidated statements of operations related to the grant component of the PSP agreement with the Treasury.

In addition, during the three and six months ended June 30, 2020, the Company recorded $28.0 million related to the CARES Act Employee Retention credit within special credits on the Company’s condensed statements of operation. Refer to Note 2, Impact of COVID-19, for further information on the CARES Act and the Company 's workforce actions.