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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from Operating Activities    
Net Income $ 24,106 $ 36,535
Adjustments to reconcile Net Income to Cash Provided by Operating Activities:    
Depreciation and Amortization 25,157 24,804
Deferred Income Taxes 6,157 8,542
Other, net (1,249) 718
Changes in Operating Assets and Liabilities:    
Accounts Receivable (1,111) (4,062)
Inventory (1,105) (772)
Prepaid Expenses (2,397) (796)
Lessor Maintenance Deposits (3,869) (2,713)
Other Assets 1,266 1,393
Accounts Payable 23,939 2,730
Accrued Transportation Taxes (4,806) (3,821)
Air Traffic Liabilities (28,804) (46,428)
Loyalty Program Liabilities (477) (501)
Operating Lease Obligations (876) (798)
Other Liabilities (6,220) 1,600
Net Cash Provided by Operating Activities 29,711 16,431
Cash Flows Used in Investing Activities:    
Purchases of Property & Equipment (40,512) (15,409)
Proceeds from the Sale of Property & Equipment 9,618 6,004
Purchases of Investments 0 (19,092)
Proceeds from the Maturities of Investments 23,585 17,925
Net Cash Used in Investing Activities (7,309) (10,572)
Cash Flows Used in Financing Activities:    
Common Stock Repurchases 0 (10,000)
Repayment of Finance Lease Obligations (5,248) (4,923)
Repayment of Borrowings (16,776) (14,829)
Other, net 5,452 (9,450)
Net Cash Used in Financing Activities (16,572) (39,202)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 5,830 (33,343)
Cash, Cash Equivalents and Restricted Cash--Beginning of the Period 166,041 100,471
Cash, Cash Equivalents and Restricted Cash--End of the Period $ 171,871 $ 67,128