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CONSOLIDATED BALANCE SHEETS
$ in Thousands
Dec. 31, 2020
USD ($)
Current Assets:  
Cash and Equivalents $ 62,028
Restricted Cash 8,335
Investments 5,624
Accounts Receivable, net of an allowance for credit losses of $293 and $224, respectively 28,690
Short-term Lessor Maintenance Deposits 3,101
Inventory, net of a reserve for obsolescence of $996 and $550, respectively 5,407
Prepaid Expenses 8,002
Other Current Assets 5,553
Total Current Assets 126,740
Property & Equipment, net:  
Property & Equipment 479,580
Accumulated Depreciation & Amortization (65,065)
Total Property & Equipment, net 414,515
Other Assets:  
Goodwill 222,223
Other Intangible Assets, net 93,110
Operating lease assets 121,269
Aircraft Lease Deposits 10,253
Long-term Lessor Maintenance Deposits 22,584
Deferred Tax Asset 36,216
Other Assets 6,357
Total Other Assets 512,012
Total Assets 1,053,267
Current Liabilities:  
Accounts Payable 34,035
Accrued Salaries, Wages, and Benefits 16,368
Accrued Transportation Taxes 5,883
Air Traffic Liabilities 101,075
Derivative Liabilities 1,174
Over-market Liabilities 9,281
Finance Lease Obligations 11,460
Loyalty Program Liabilities 7,016
Operating Lease Obligations 34,492
Current Maturities of Long-term Debt 26,118
Other Current Liabilities 6,841
Total Current Liabilities 253,743
Long-term Liabilities:  
Over-market Liabilities 28,128
Finance Lease Obligations 95,710
Loyalty Program Liabilities 15,053
Operating Lease Obligations 112,707
Long-term Debt 256,345
Other Long-term Liabilities 7,764
Total Long-term Liabilities 515,707
Total Liabilities 769,450
Commitments and Contingencies (Note 17)
Stockholders' Equity:  
Common stock with $0.01 par value, 995,000,000 shares authorized, 57,153,467 and 46,839,659 issued at March 31, 2021 and December 31, 2020, respectively. 468
Loans to Stockholders (3,500)
Additional Paid in Capital 248,525
Retained Earnings 38,324
Total Stockholders' Equity 283,817
Total Liabilities and Stockholders' Equity 1,053,267
Aircraft and Flight Equipment  
Property & Equipment, net:  
Property & Equipment 331,685
Leasehold Improvements and Ground Equipment  
Property & Equipment, net:  
Property & Equipment 13,526
Computer Hardware and Software  
Property & Equipment, net:  
Property & Equipment 7,845
Finance Lease Assets  
Property & Equipment, net:  
Property & Equipment 117,833
Rotable Parts  
Property & Equipment, net:  
Property & Equipment 8,691
Previously Reported  
Stockholders' Equity:  
Common stock with $0.01 par value, 995,000,000 shares authorized, 57,153,467 and 46,839,659 issued at March 31, 2021 and December 31, 2020, respectively. 239,162
Additional Paid in Capital $ 9,831