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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
OPERATING REVENUES:        
Total operating revenues $ 760,295 $ 829,275 $ 2,228,372 $ 2,418,190
OPERATING EXPENSES:        
Salaries, wages and benefits 251,414 301,378 752,768 901,775
Depreciation and amortization 92,795 86,088 272,929 246,386
Special items     21,869  
Other operating expenses 59,577 68,859 184,634 206,511
Total operating expenses 613,854 691,350 1,841,419 2,065,412
OPERATING INCOME 146,441 137,925 386,953 352,778
OTHER INCOME (EXPENSE):        
Interest income 3,542 2,283 11,081 5,692
Interest expense (31,606) (31,440) (96,884) (86,485)
Other income (expense), net 361 1,157 47,367 3,470
Total other expense, net (27,703) (28,000) (38,436) (77,323)
INCOME BEFORE INCOME TAXES 118,738 109,925 348,517 275,455
PROVISION FOR INCOME TAXES 27,399 26,879 80,945 62,189
NET INCOME $ 91,339 $ 83,046 $ 267,572 $ 213,266
BASIC EARNINGS PER SHARE (in dollars per share) $ 1.80 $ 1.60 $ 5.24 $ 4.10
DILUTED EARNINGS PER SHARE (in dollars per share) $ 1.79 $ 1.57 $ 5.19 $ 4.03
Weighted average common shares:        
Basic (in shares) 50,746 52,039 51,111 52,002
Diluted (in shares) 51,129 52,981 51,568 52,976
COMPREHENSIVE INCOME:        
Net income $ 91,339 $ 83,046 $ 267,572 $ 213,266
Net unrealized appreciation on debt securities, net of taxes   (2) 32 32
TOTAL COMPREHENSIVE INCOME 91,339 83,044 267,604 213,298
Flying agreements        
OPERATING REVENUES:        
Total operating revenues 738,838 816,057 2,164,173 2,377,659
Airport customer service and other        
OPERATING REVENUES:        
Total operating revenues 21,457 13,218 64,199 40,531
Aircraft maintenance, materials and repairs        
OPERATING REVENUES:        
Total operating revenues 133,521 142,285 376,572 423,665
Aircraft fuel        
OPERATING REVENUES:        
Total operating revenues 31,063 30,258 87,570 87,208
Airport related expenses        
OPERATING REVENUES:        
Total operating revenues 27,808 25,655 89,237 80,852
Aircraft rentals        
OPERATING REVENUES:        
Total operating revenues $ 17,676 $ 36,827 $ 55,840 $ 119,015