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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and Cash Equivalents $ 36,964 $ 83,219
Restricted Cash 16,346 17,252
Investments 101,337 104,053
Accounts Receivable, net of an allowance for credit losses of $759 and $617, respectively 35,265 35,296
Short-term Lessor Maintenance Deposits 1,146 521
Inventory, net of a reserve for obsolescence of $1,049 and $784, respectively 11,302 10,467
Prepaid Expenses 15,216 13,837
Other Current Assets 4,717 1,939
Total Current Assets 222,293 266,584
Property & Equipment, net:    
Finance Lease Assets 309,877 309,877
Total Property & Equipment 1,302,291 1,305,082
Accumulated Depreciation & Amortization (374,139) (334,993)
Total Property & Equipment, net 928,152 970,089
Other Assets:    
Goodwill 222,223 222,223
Other Intangible Assets, net of accumulated amortization of $32,329 and $29,903, respectively 75,412 77,838
Operating Lease Right-of-use Assets 15,591 16,896
Aircraft Deposits 7,925 7,925
Long-term Lessor Maintenance Deposits 59,571 53,624
Other Assets 20,942 14,998
Total Other Assets 401,664 393,504
Total Assets 1,552,109 1,630,177
Current Liabilities:    
Accounts Payable 56,532 56,034
Accrued Salaries, Wages, and Benefits 36,931 38,327
Accrued Transportation Taxes 14,795 20,534
Air Traffic Liabilities 106,599 160,686
Finance Lease Obligations 20,830 20,175
Loyalty Program Liabilities 9,481 10,121
Operating Lease Obligations 3,435 3,281
Current Maturities of Long-term Debt, net 81,438 87,579
Income Tax Receivable Agreement Liability 11,720 10,325
Other Current Liabilities 12,941 15,228
Total Current Liabilities 354,702 422,290
Long-term Liabilities:    
Finance Lease Obligations 240,505 251,087
Loyalty Program Liabilities 4,916 4,480
Operating Lease Obligations 15,605 17,369
Long-term Debt, net 200,629 239,543
Deferred Tax Liability 33,663 23,566
Income Tax Receivable Agreement Liability 75,449 87,369
Other Long-term Liabilities 13,595 14,100
Total Long-term Liabilities 584,362 637,514
Total Liabilities 939,064 1,059,804
Commitments and Contingencies (see Note 11)
Stockholders' Equity:    
Common stock, with $0.01 par value, 995,000,000 shares authorized, 60,290,298 and 59,500,970 issued and 53,316,378 and 53,157,964 outstanding at June 30, 2025 and December 31, 2024, respectively 603 595
Preferred stock, with $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 0 0
Treasury stock, at cost, 6,973,920 and 6,343,006 shares held at June 30, 2025 and December 31, 2024, respectively (115,866) (105,866)
Additional Paid-In Capital 538,096 528,604
Retained Earnings 190,244 147,132
Accumulated Other Comprehensive Loss (32) (92)
Total Stockholders' Equity 613,045 570,373
Total Liabilities and Stockholders' Equity 1,552,109 1,630,177
Aircraft and Flight Equipment    
Property & Equipment, net:    
Property & Equipment, net: 799,515 775,210
Aircraft and Flight Equipment Held for Operating Lease    
Property & Equipment, net:    
Property & Equipment, net: 93,548 124,383
Ground Equipment and Leasehold Improvements    
Property & Equipment, net:    
Property & Equipment, net: 49,124 46,550
Computer Hardware and Software    
Property & Equipment, net:    
Property & Equipment, net: 23,729 22,436
Rotable Parts    
Property & Equipment, net:    
Property & Equipment, net: $ 26,498 $ 26,626