Stock Repurchase

12 Months Ended

Dec. 31, 2014

Stock Repurchase

Stock Repurchase

(11) Stock Repurchase

        The Company's Board of Directors has authorized the repurchase of up to 25,000,000 shares of the Company's common stock in the public market since 2007. Effective September 14, 2012, the Company's Board of Directors adopted the SkyWest, Inc. 2012 Stock Repurchase Plan (the "Stock Repurchase Plan"), which provided for the repurchase of up to 5,044,516 shares of common stock, from time to time in open market or privately negotiated transactions, as contemplated by Rule 10b5-1 promulgated under the Exchange Act, as amended. The Stock Repurchase Plan expired on October 15, 2014. During the years ended December 31, 2014, 2013 and 2012, the Company repurchased 0.7 million, 0.8 million, 0.1 million shares of common stock for approximately $8.4 million, $11.7 million and $0.9 million, respectively at a weighted average price per share of $12.54, $14.40 and $15.32, respectively.