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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING REVENUES:      
Total operating revenues $ 2,713,491 $ 2,127,106 $ 2,971,963
OPERATING EXPENSES:      
Salaries, wages and benefits 986,664 826,109 1,001,746
Aircraft maintenance, materials and repairs 817,803 618,989 514,313
Depreciation and amortization 440,198 474,959 368,098
Airport-related expenses 104,690 93,886 118,837
Aircraft fuel 107,057 61,739 119,115
Aircraft rentals 63,357 65,316 71,998
Special items 84,592   21,869
Payroll support grant (422,669) (345,491)  
Other operating expenses 255,932 222,797 243,729
Total operating expenses 2,437,624 2,018,304 2,459,705
OPERATING INCOME 275,867 108,802 512,258
OTHER INCOME (EXPENSE):      
Interest income 1,114 5,879 14,131
Interest expense (123,122) (123,173) (127,755)
Other income (expense), net (3,249) 1,165 47,671
Total other expense, net (125,257) (116,129) (65,953)
INCOME (LOSS) BEFORE INCOME TAXES 150,610 (7,327) 446,305
PROVISION FOR INCOME TAXES 38,700 1,188 106,206
NET INCOME (LOSS) $ 111,910 $ (8,515) $ 340,099
BASIC EARNINGS (LOSS) PER SHARE (in dollars per share) $ 2.22 $ (0.17) $ 6.68
DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share) $ 2.20 $ (0.17) $ 6.62
Weighted average common shares:      
Basic (in shares) 50,348 50,195 50,932
Diluted (in shares) 50,753 50,195 51,375
COMPREHENSIVE INCOME (LOSS):      
Net income (loss) $ 111,910 $ (8,515) $ 340,099
Net unrealized appreciation on marketable securities, net of taxes     32
TOTAL COMPREHENSIVE INCOME (LOSS) 111,910 (8,515) 340,131
Flying agreements      
OPERATING REVENUES:      
Total operating revenues 2,615,076 2,060,801 2,889,265
Lease, airport services and other      
OPERATING REVENUES:      
Total operating revenues $ 98,415 $ 66,305 $ 82,698