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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
OPERATING REVENUES:        
Total operating revenues $ 744,383 $ 805,515 $ 1,468,077 $ 1,588,915
OPERATING EXPENSES:        
Salaries, wages and benefits 243,766 293,677 501,354 600,396
Depreciation and amortization 90,148 82,714 180,134 160,298
Special items     21,869  
Other operating expenses 61,948 69,263 125,057 137,653
Total operating expenses 600,290 678,837 1,227,565 1,374,062
OPERATING INCOME 144,093 126,678 240,512 214,853
OTHER INCOME (EXPENSE):        
Interest income 3,731 1,705 7,538 3,409
Interest expense (32,770) (28,811) (65,278) (55,045)
Other income (expense), net 281 (1,245) 47,006 2,313
Total other expense, net (28,758) (28,351) (10,734) (49,323)
INCOME BEFORE INCOME TAXES 115,335 98,327 229,778 165,530
PROVISION FOR INCOME TAXES 27,283 22,468 53,545 35,310
NET INCOME $ 88,052 $ 75,859 $ 176,233 $ 130,220
BASIC EARNINGS PER SHARE (in dollars per share) $ 1.72 $ 1.46 $ 3.44 $ 2.51
DILUTED EARNINGS PER SHARE (in dollars per share) $ 1.71 $ 1.43 $ 3.40 $ 2.46
Weighted average common shares:        
Basic (in shares) 51,145 52,046 51,293 51,983
Diluted (in shares) 51,477 52,913 51,787 52,973
COMPREHENSIVE INCOME:        
Net income $ 88,052 $ 75,859 $ 176,233 $ 130,220
Net unrealized appreciation on debt securities, net of taxes   84 32 33
TOTAL COMPREHENSIVE INCOME 88,052 75,943 176,265 130,253
Flying agreements        
OPERATING REVENUES:        
Total operating revenues 725,335 793,637 1,425,336 1,561,602
Airport customer service and other        
OPERATING REVENUES:        
Total operating revenues 19,048 11,878 42,741 27,313
Aircraft maintenance, materials and repairs        
OPERATING REVENUES:        
Total operating revenues 124,789 139,774 243,051 281,380
Airport related expenses        
OPERATING REVENUES:        
Total operating revenues 30,782 25,890 61,429 55,197
Aircraft fuel        
OPERATING REVENUES:        
Total operating revenues 30,851 30,011 56,507 56,950
Aircraft rentals        
OPERATING REVENUES:        
Total operating revenues $ 18,006 $ 37,508 $ 38,164 $ 82,188