Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting

Schedule of Company's segment data

The following represents the Company’s segment data for the three-month periods ended September 30, 2018 and 2017 (in thousands):

	Three months ended  September 30, 2018
	SkyWest				SkyWest
	Airlines		ExpressJet		Leasing		Consolidated
Operating revenues (1)	$	607,052	$	140,155	$	82,068	$	829,275
Operating expense		512,278		139,736		39,336		691,350
Depreciation and amortization expense		39,651		8,683		37,754		86,088
Interest expense		4,044		649		26,747		31,440
Segment profit (loss) (2)		90,730		(230)		15,985		106,485
Identifiable intangible assets, other than goodwill		—		1,224		—		1,224
Total assets (as of September 30, 2018)		2,251,563		565,266		3,368,031		6,184,860
Capital expenditures (including non-cash)		44,689		3,069		273,808		321,566

	Three months ended  September 30, 2017
	SkyWest				SkyWest
	Airlines		ExpressJet		Leasing		Consolidated
Operating revenues (1) (3)	$	558,994	$	191,368	$	62,311	$	812,673
Operating expense (3)		472,000		200,344		27,960		700,304
Depreciation and amortization expense		34,049		12,573		27,473		74,095
Interest expense		5,276		1,017		20,808		27,101
Segment profit (loss) (2)		81,718		(9,993)		13,543		85,268
Identifiable intangible assets, other than goodwill		—		6,121		—		6,121
Total assets (as of September 30, 2017) (3)		2,072,597		721,939		2,579,459		5,373,995
Capital expenditures (including non-cash)		27,118		2,259		24,122		53,499

(1) Prorate revenue, Airport customer service and other revenues is primarily reflected in the SkyWest Airlines segment.

(2) Segment profit (loss) is equal to operating income less interest expense.

(3) Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.  

The following represents the Company’s segment data for the nine-month periods ended September 30, 2018 and 2017 (in thousands):

	Nine months ended September 30, 2018
	SkyWest				SkyWest
	Airlines		ExpressJet		Leasing		Consolidated
Operating revenues (1)	$	1,750,827	$	444,943	$	222,420	$	2,418,190
Operating expense		1,505,298		455,084		105,030		2,065,412
Depreciation and amortization expense		115,979		30,044		100,363		246,386
Interest expense		12,722		2,264		71,499		86,485
Segment profit (loss) (2)		232,807		(12,405)		45,891		266,293
Identifiable intangible assets, other than goodwill		—		1,224		—		1,224
Total assets (as of September 30, 2018)		2,251,563		565,266		3,368,031		6,184,860
Capital expenditures (including non-cash)		121,010		5,996		827,065		954,071

	Nine months ended September 30, 2017
	SkyWest				SkyWest
	Airlines		ExpressJet		Leasing		Consolidated
Operating revenues (1) (3)	$	1,543,618	$	631,634	$	176,099	$	2,351,351
Operating expense (3)		1,331,931		644,490		79,671		2,056,092
Depreciation and amortization expense		98,396		38,808		78,211		215,415
Interest expense		16,811		3,219		58,683		78,713
Segment profit (loss) (2)		194,876		(16,075)		37,745		216,546
Identifiable intangible assets, other than goodwill		—		6,121		—		6,121
Total assets (as of September 30, 2017) (3)		2,072,597		721,939		2,579,459		5,373,995
Capital expenditures (including non-cash)		85,895		12,414		474,091		572,400

(1) Prorate revenue, Airport customer service and other revenues is primarily reflected in the SkyWest Airlines segment.

(2) Segment profit (loss) is equal to operating income less interest expense.

(3) Amounts adjusted due to the adoption of Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606). See Note 1 to the financial statements contained in Part I, Item 1 of this report for additional information.