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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and Cash Equivalents $ 86,930 $ 92,086
Restricted Cash 7,281 10,842
Investments 158,177 178,936
Accounts Receivable, net of an allowance for credit losses of $241 and $231, respectively 26,937 35,124
Short-term Lessor Maintenance Deposits 999 1,241
Inventory, net of a reserve for obsolescence of $1,190 and $1,107, respectively 7,365 7,659
Prepaid Expenses 12,209 11,423
Other Current Assets 2,365 8,179
Total Current Assets 302,263 345,490
Property & Equipment, net:    
Finance Lease Assets 276,086 261,991
Total Property & Equipment 1,159,288 962,413
Accumulated Depreciation & Amortization (211,227) (176,746)
Total Property & Equipment, net 948,061 785,667
Other Assets:    
Goodwill 222,223 222,223
Other Intangible Assets, net of accumulated amortization of $21,325 and $18,890, respectively 86,416 85,110
Operating Lease Right-of-use Assets 18,715 22,182
Aircraft Deposits 9,614 9,134
Long-term Lessor Maintenance Deposits 38,310 32,433
Deferred Tax Asset 0 12,956
Other Assets 9,021 9,217
Total Other Assets 384,299 393,255
Total Assets 1,634,623 1,524,412
Current Liabilities:    
Accounts Payable 56,143 62,370
Accrued Salaries, Wages, and Benefits 30,095 26,521
Accrued Transportation Taxes 15,488 17,666
Air Traffic Liabilities 130,264 157,995
Finance Lease Obligations 33,641 17,990
Loyalty Program Liabilities 8,962 13,963
Operating Lease Obligations 4,485 6,296
Current Maturities of Long-term Debt, net 83,204 57,548
Income Tax Receivable Agreement Liability 8,000 2,260
Other Current Liabilities 12,973 14,519
Total Current Liabilities 383,255 377,128
Long-term Liabilities:    
Finance Lease Obligations 223,647 233,306
Loyalty Program Liabilities 4,694 1,474
Operating Lease Obligations 18,264 19,836
Long-term Debt, net 365,211 294,687
Deferred Tax Liability 3,356 0
Income Tax Receivable Agreement Liability 93,020 101,540
Other Long-term Liabilities 2,411 3,729
Total Long-term Liabilities 710,603 654,572
Total Liabilities 1,093,858 1,031,700
Commitments and Contingencies (see Note 12)
Common Stock, Number of Shares, Par Value and Other Disclosure [Abstract]    
Common stock, with $0.01 par value, 995,000,000 shares authorized, 58,552,727 and 58,217,647 issued and 56,012,229 and 57,325,238 outstanding at June 30, 2023 and December 31, 2022, respectively 586 582
Preferred Stock, Number of Shares, Par Value and Other Disclosure [Abstract]    
Preferred stock, with $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2023 and December 31, 2022 0 0
Treasury stock, at cost, 2,540,498 and 892,409 shares held at June 30, 2023 and December 31, 2022, respectively (47,673) (17,605)
Additional Paid-In Capital 507,522 488,494
Retained Earnings 80,994 22,048
Accumulated Other Comprehensive Loss (664) (807)
Total Stockholders' Equity 540,765 492,712
Total Liabilities and Stockholders' Equity 1,634,623 1,524,412
Aircraft and Flight Equipment    
Property & Equipment, net:    
Property & Equipment, net: 664,757 636,584
Aircraft and Flight Equipment Held for Operating Lease    
Property & Equipment, net:    
Property & Equipment, net: 154,161 0
Ground Equipment and Leasehold Improvements    
Property & Equipment, net:    
Property & Equipment, net: 38,690 35,948
Computer Hardware and Software    
Property & Equipment, net:    
Property & Equipment, net: 10,388 10,831
Rotable Parts    
Property & Equipment, net:    
Property & Equipment, net: $ 15,206 $ 17,059