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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and Cash Equivalents $ 153,729 $ 144,684
Restricted Cash 18,142 21,357
Investments 66,029 89,629
Accounts Receivable, net of an allowance for credit losses of $404 and $408, respectively 54,511 53,722
Short-term Lessor Maintenance Deposits 23,759 22,738
Inventory, net of a reserve for obsolescence of $1,509 and $1,214, respectively 12,183 11,844
Prepaid Expenses 20,064 17,667
Other Current Assets 7,019 6,575
Total Current Assets 355,436 368,216
Property & Equipment, net:    
Finance Lease Assets 309,877 309,877
Total Property & Equipment 1,373,760 1,341,267
Accumulated Depreciation & Amortization (431,521) (414,246)
Total Property & Equipment, net 942,239 927,021
Other Assets:    
Goodwill 222,223 222,223
Other Intangible Assets, net of accumulated amortization of $35,522 and $34,480, respectively 72,219 73,261
Operating Lease Right-of-use Assets 13,589 14,257
Aircraft Deposits 5,575 5,575
Long-term Lessor Maintenance Deposits 48,210 45,361
Other Assets 24,116 24,550
Total Other Assets 385,932 385,227
Total Assets 1,683,607 1,680,464
Current Liabilities:    
Accounts Payable 83,573 57,628
Accrued Salaries, Wages, and Benefits 40,849 45,531
Accrued Transportation Taxes 18,117 22,923
Air Traffic Liabilities 138,220 167,024
Finance Lease Obligations 60,205 61,616
Loyalty Program Liabilities 9,765 10,233
Operating Lease Obligations 3,685 3,601
Current Maturities of Long-term Debt, net 62,089 68,017
Other Current Liabilities 13,290 14,530
Total Current Liabilities 429,793 451,103
Long-term Liabilities:    
Finance Lease Obligations 185,633 189,471
Loyalty Program Liabilities 4,604 4,613
Operating Lease Obligations 12,878 13,792
Long-term Debt, net 244,766 255,329
Deferred Tax Liability 46,902 40,761
Income Tax Receivable Agreement Liability 87,137 87,169
Other Long-term Liabilities 12,468 13,070
Total Long-term Liabilities 594,388 604,205
Total Liabilities 1,024,181 1,055,308
Commitments and Contingencies (see Note 12)
Stockholders' Equity:    
Common stock, with $0.01 par value, 995,000,000 shares authorized, 62,013,485 and 61,040,329 issued and 54,196,458 and 53,223,302 outstanding at March 31, 2026 and December 31, 2025, respectively 620 610
Preferred stock, with $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 0 0
Treasury stock, at cost, 7,817,027 shares held at March 31, 2026 and December 31, 2025 (125,881) (125,881)
Additional Paid-In Capital 560,680 550,471
Retained Earnings 224,047 199,941
Accumulated Other Comprehensive (Loss) Income (40) 15
Total Stockholders' Equity 659,426 625,156
Total Liabilities and Stockholders' Equity 1,683,607 1,680,464
Aircraft and Flight Equipment    
Property & Equipment, net:    
Property & Equipment, net: 891,023 861,100
Aircraft and Flight Equipment Held for Operating Lease    
Property & Equipment, net:    
Property & Equipment, net: 62,923 62,923
Ground Equipment and Leasehold Improvements    
Property & Equipment, net:    
Property & Equipment, net: 52,667 50,765
Computer Hardware and Software    
Property & Equipment, net:    
Property & Equipment, net: 25,391 24,926
Rotable Parts    
Property & Equipment, net:    
Property & Equipment, net: $ 31,879 $ 31,676