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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,863,710 $ 1,789,723
Restricted cash 62,200 71,401
Short-term investment securities 106,375 106,339
Accounts receivable, net 141,254 42,940
Aircraft maintenance deposits, net 45,111 73,134
Income tax receivable 37,714 147,460
Prepaid expenses and other current assets 132,038 124,983
Total current assets 2,388,402 2,355,980
Property and equipment:    
Flight equipment 4,257,349 4,177,631
Ground property and equipment 356,344 334,167
Less accumulated depreciation (781,431) (680,230)
Total property and equipment, net 3,832,262 3,831,568
Operating lease right-of-use assets 1,598,137 1,417,823
Pre-delivery deposits on flight equipment 443,445 356,262
Long-term aircraft maintenance deposits 50,654 53,158
Deferred heavy maintenance, net 323,105 347,907
Other long-term assets 35,478 36,127
Total assets 8,671,483 8,398,825
Current liabilities:    
Accounts payable 55,072 28,454
Air traffic liability 608,136 401,966
Current maturities of long-term debt and finance leases 210,945 384,197
Current maturities of operating leases 144,571 133,791
Deferred salaries, wages and benefits 86,360 0
Other current liabilities 496,095 393,614
Total current liabilities 1,601,179 1,342,022
Long-term debt and finance leases, less current maturities 3,014,958 3,066,635
Operating leases, less current maturities 1,422,139 1,248,519
Deferred income taxes 412,621 439,894
Deferred gains and other long-term liabilities 39,779 52,060
Shareholders’ equity:    
Common stock 11 10
Additional paid-in-capital 1,126,031 799,549
Treasury stock, at cost (75,448) (74,124)
Retained earnings 1,130,754 1,524,878
Accumulated other comprehensive loss (541) (618)
Total shareholders’ equity 2,180,807 2,249,695
Total liabilities and shareholders’ equity $ 8,671,483 $ 8,398,825