XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING REVENUES:    
Passenger $ 745,411 $ 744,390
Ground handling and other 20,004 17,685
Total operating revenues 765,415 762,075
OPERATING EXPENSES:    
Salaries, wages and benefits 300,039 305,557
Aircraft maintenance, materials and repairs 132,325 138,859
Depreciation and amortization 70,114 67,801
Aircraft rentals 57,709 67,124
Aircraft fuel 34,310 25,332
Ground handling services 19,535 20,984
Other operating expenses 75,088 74,609
Total operating expenses 689,120 700,266
OPERATING INCOME 76,295 61,809
OTHER INCOME (EXPENSE):    
Interest income 660 430
Interest expense (24,549) (17,725)
Total other expense, net (23,889) (17,295)
INCOME BEFORE INCOME TAXES 52,406 44,514
PROVISION FOR INCOME TAXES 17,620 17,422
NET INCOME $ 34,786 $ 27,092
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.67 $ 0.53
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.65 $ 0.52
Weighted average common shares:    
Basic (in shares) 51,820 51,218
Diluted (in shares) 53,202 52,014
COMPREHENSIVE INCOME:    
Net income $ 34,786 $ 27,092
Net unrealized appreciation on marketable securities, net of taxes 39 15
TOTAL COMPREHENSIVE INCOME $ 34,825 $ 27,107