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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,197,065 $ 1,333,507
Restricted cash 95,400 95,400
Short-term investment securities 105,920 106,313
Accounts receivable, net 150,149 128,828
Aircraft maintenance deposits, net 12,228 10,726
Income tax receivable 37,890 37,890
Prepaid expenses and other current assets 163,202 129,827
Total current assets 1,761,854 1,842,491
Property and equipment:    
Flight equipment 4,424,409 4,356,523
Ground property and equipment 423,821 384,928
Less accumulated depreciation (989,812) (884,858)
Total property and equipment, net 3,858,418 3,856,593
Operating lease right-of-use assets 2,198,791 1,950,520
Pre-delivery deposits on flight equipment 488,323 484,821
Long-term aircraft maintenance deposits 27,795 38,166
Deferred heavy maintenance, net 342,335 330,062
Other long-term assets 37,507 37,372
Total assets 8,715,023 8,540,025
Current liabilities:    
Accounts payable 76,048 44,952
Air traffic liability 561,705 382,317
Current maturities of long-term debt, net and finance leases 351,521 208,948
Current maturities of operating leases 169,195 158,631
Other current liabilities 578,663 480,754
Total current liabilities 1,737,132 1,275,602
Long-term debt, net and finance leases, less current maturities 2,696,201 2,975,823
Operating leases, less current maturities 1,981,467 1,751,351
Deferred income taxes 310,351 375,472
Deferred gains and other long-term liabilities 116,657 47,742
Shareholders’ equity:    
Common stock 11 11
Additional paid-in-capital 1,140,254 1,131,826
Treasury stock, at cost (77,416) (75,639)
Retained earnings 811,260 1,058,369
Accumulated other comprehensive loss (894) (532)
Total shareholders’ equity 1,873,215 2,114,035
Total liabilities and shareholders’ equity $ 8,715,023 $ 8,540,025