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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
OPERATING REVENUES:    
Total operating revenues $ 735,152 $ 534,555
OPERATING EXPENSES:    
Salaries, wages and benefits 300,058 219,842
Aircraft maintenance, materials and repairs 148,413 203,827
Depreciation and amortization 102,745 109,597
Aircraft fuel 25,090 19,194
Airport-related expenses 19,205 24,448
Aircraft rentals 15,996 15,490
Payroll support grant   (193,173)
Other operating expenses 71,597 54,488
Total operating expenses 683,104 453,713
OPERATING INCOME 52,048 80,842
OTHER INCOME (EXPENSE):    
Interest income 425 284
Interest expense (28,592) (31,354)
Other income, net 880 216
Total other expense, net (27,287) (30,854)
INCOME BEFORE INCOME TAXES 24,761 49,988
PROVISION FOR INCOME TAXES 7,027 14,088
NET INCOME $ 17,734 $ 35,900
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.35 $ 0.71
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.35 $ 0.71
Weighted average common shares:    
Basic (in shares) 50,480 50,286
Diluted (in shares) 50,708 50,727
COMPREHENSIVE INCOME:    
Net income $ 17,734 $ 35,900
TOTAL COMPREHENSIVE INCOME 17,734 35,900
Flying agreements    
OPERATING REVENUES:    
Total operating revenues 708,063 511,191
Lease, airport services and other    
OPERATING REVENUES:    
Total operating revenues $ 27,089 $ 23,364