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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Cash Flows [Abstract]      
Net Income $ 52,809 $ 52,903 $ 72,181
Adjustments to reconcile Net Income to Cash from Operating Activities:      
Depreciation and Amortization 98,878 94,989 88,151
Operating Lease Right-of-use Assets 2,662 2,020 4,291
Gain on Asset Transactions, net (8,733) (6,285) (1,305)
Deferred Income Taxes 17,164 14,427 21,886
Amazon Warrants Expense 4,518 4,357 6,066
Stock-based Compensation Expense 6,305 6,020 9,274
Other, net 2,419 2,080 (1,298)
Changes in Operating Assets and Liabilities:      
Accounts Receivable (10,754) 11,223 (2,667)
Inventory (2,355) (5,041) (1,458)
Prepaid Expenses (3,836) 1,986 (4,394)
Lessor Maintenance Deposits (13,955) (15,712) (12,047)
Aircraft Deposits 0 0 (457)
Other Assets (3,825) (3,573) (2,881)
Accounts Payable 3,491 (2,961) (3,028)
Accrued Transportation Taxes 2,389 2,437 430
Air Traffic Liabilities 6,339 2,690 1
Loyalty Program Liabilities 245 864 (1,701)
Operating Lease Obligations (3,281) (2,178) (4,387)
Other Liabilities 6,626 4,616 7,463
Net Cash Provided by Operating Activities 157,106 164,862 174,120
Cash Flows from Investing Activities:      
Purchases of Property & Equipment (73,128) (47,332) (218,160)
Proceeds from the Sale of Property & Equipment 19,250 17,166 4,953
Purchases of Investments (66,553) (92,404) (95,535)
Proceeds from the Maturities of Investments 81,228 130,125 137,220
Other, net 198 842 291
Net Cash (Used in) Provided by Investing Activities (39,005) 8,397 (171,231)
Cash Flows from Financing Activities:      
Common Stock Repurchases (20,015) (12,134) (68,585)
Proceeds from Borrowings 108,000 70,000 119,200
Repayment of Finance Lease Obligations (20,175) (45,942) (21,883)
Repayment of Borrowings (111,711) (145,518) (69,276)
Tax Receivable Agreement Payment (10,525) (3,350) (2,425)
Other, net 1,895 476 832
Net Cash Used in Financing Activities (52,531) (136,468) (42,137)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 65,570 36,791 (39,248)
Cash, Cash Equivalents and Restricted Cash--Beginning of the Period 100,471 63,680 102,928
Cash, Cash Equivalents and Restricted Cash--End of the Period 166,041 100,471 63,680
Supplemental information:      
Cash Payments for Interest 34,950 42,784 41,454
Income Taxes Paid:      
Federal 3,923 90 1,280
State 476 302 218
Total 4,399 392 1,498
Non-cash transactions:      
Aircraft and Flight Equipment Acquired under Finance Leases 0 40,116 18,419
Changes to Finance Lease Assets due to Lease Modifications 0 6,513 26,427
Aircraft and Flight Equipment Acquired from Exercise of Finance Lease Purchase Option, net of Accumulated Depreciation 0 40,632 2,386
Purchases of Property & Equipment in Accounts Payable 2,921 3,219 3,035
Property & Equipment Acquired through Maintenance Contract Incentive Liability 0 10,307 2,149
Maintenance Rights Asset Capitalized into Aircraft and Flight Equipment upon End of Lease 8,750 5,054 0
Maintenance Rights Asset Converted to Accounts Receivable upon End of Lease 7,340 4,265 0
Settlement of Accelerated Share Repurchase Program $ 0 $ 0 $ 7,501