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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
OPERATING REVENUES:        
Passenger $ 791,341 $ 784,813 $ 1,536,752 $ 1,529,203
Ground handling and other 18,418 16,525 38,422 34,211
Total operating revenues 809,759 801,338 1,575,174 1,563,414
OPERATING EXPENSES:        
Salaries, wages and benefits 295,929 304,228 595,969 609,785
Aircraft maintenance, materials and repairs 152,356 142,289 284,681 281,149
Depreciation and amortization 71,206 69,887 141,320 137,688
Aircraft rentals 55,413 72,567 113,123 139,691
Aircraft fuel 37,183 32,306 71,493 57,638
Ground handling services 15,902 16,743 35,436 37,727
Other operating expenses 75,174 79,181 150,262 153,790
Total operating expenses 703,163 717,201 1,392,284 1,417,468
OPERATING INCOME 106,596 84,137 182,890 145,946
OTHER INCOME (EXPENSE):        
Interest income 1,330 485 1,990 915
Interest expense (27,063) (18,287) (51,612) (36,012)
Total other expense, net (25,733) (17,802) (49,622) (35,097)
INCOME BEFORE INCOME TAXES 80,863 66,335 133,268 110,849
PROVISION FOR INCOME TAXES 30,386 26,091 48,005 43,513
NET INCOME $ 50,477 $ 40,244 $ 85,263 $ 67,336
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.98 $ 0.78 $ 1.65 $ 1.31
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.95 $ 0.77 $ 1.61 $ 1.29
Weighted average common shares:        
Basic (in shares) 51,751 51,418 51,785 51,318
Diluted (in shares) 52,977 52,194 53,090 52,104
COMPREHENSIVE INCOME:        
Net income $ 50,477 $ 40,244 $ 85,263 $ 67,336
Net unrealized appreciation on marketable securities, net of taxes 17 213 56 228
TOTAL COMPREHENSIVE INCOME $ 50,494 $ 40,457 $ 85,319 $ 67,564