XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 724,794 $ 865,211
Restricted cash 120,579 119,400
Short-term investment securities 115,290 112,501
Accounts receivable, net 216,650 205,468
Prepaid expenses and other current assets 247,952 209,547
Total current assets 1,425,265 1,512,127
Property and equipment:    
Flight equipment 3,775,788 3,961,785
Ground property and equipment 785,335 726,364
Less accumulated depreciation (1,224,788) (1,169,021)
Total property and equipment, net 3,336,335 3,519,128
Operating lease right-of-use assets 4,156,810 3,561,028
Pre-delivery deposits on flight equipment 307,140 480,717
Deferred heavy maintenance, net 306,746 313,505
Other long-term assets 27,160 30,732
Total assets 9,559,456 9,417,237
Current liabilities:    
Accounts payable 70,014 42,098
Air traffic liability 496,985 383,751
Current maturities of long-term debt, net, and finance leases 142,815 315,580
Current maturities of operating leases 243,528 224,865
Other current liabilities 557,806 705,298
Total current liabilities 1,511,148 1,671,592
Long-term debt, net and finance leases, less current maturities 3,124,079 3,055,221
Operating leases, less current maturities 3,895,269 3,298,871
Deferred income taxes 96,450 107,761
Deferred gains and other long-term liabilities 122,848 149,450
Shareholders’ equity:    
Common stock 11 11
Additional paid-in-capital 1,169,904 1,158,278
Treasury stock, at cost (81,280) (80,635)
Retained earnings (deficit) (278,807) 56,755
Accumulated other comprehensive income (loss) (166) (67)
Total shareholders’ equity 809,662 1,134,342
Total liabilities and shareholders’ equity $ 9,559,456 $ 9,417,237