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Unaudited Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES $ 193,061 $ 160,111 $ 368,188 $ 321,055
OPERATING EXPENSES        
Salaries, wages and benefits 45,326 41,506 91,674 88,756
Fuel 48,640 33,852 88,316 64,458
Depreciation and amortization 23,878 21,752 46,249 42,552
Maintenance, materials and repairs 22,380 17,140 43,686 34,909
Landing and ramp 6,032 5,463 12,437 12,411
Travel 6,918 5,524 13,228 10,716
Rent 5,434 3,641 11,074 7,376
Insurance 2,394 2,154 4,744 4,992
Other operating expenses 9,258 8,672 18,550 18,578
Operating Expenses 170,260 139,704 329,958 284,748
OTHER INCOME (EXPENSE)        
Interest income 33 85 99 158
Interest expense (3,537) (4,594) (7,640) (9,783)
Write-off of unamortized debt issuance costs (16) 0 (2,886) 0
Unrealized loss on derivative instruments 376 0 (3,556) 0
Other Nonoperating Income (Expense) (3,144) (4,509) (13,983) (9,625)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 19,657 15,898 24,247 26,682
INCOME TAXES (7,377) (5,983) (9,086) (10,017)
EARNINGS FROM CONTINUING OPERATIONS 12,280 9,915 15,161 16,665
EARNINGS (LOSSES) FROM DISCONTINUED OPERATIONS, NET OF TAX 19 (233) (98) 172
NET EARNINGS $ 12,299 $ 9,682 $ 15,063 $ 16,837
BASIC EARNINGS PER SHARE        
Continuing operations $ 0.19 $ 0.16 $ 0.24 $ 0.27
Discontinued operations $ 0.00 $ (0.01) $ 0.00 $ 0.00
TOTAL NET EARNINGS PER SHARE - Basic $ 0.19 $ 0.15 $ 0.24 $ 0.27
DILUTED EARNINGS PER SHARE        
Continuing operations $ 0.19 $ 0.15 $ 0.24 $ 0.26
Discontinued operations $ 0.00 $ 0.00 $ 0.00 $ 0.00
TOTAL NET EARNINGS PER SHARE - Diluted $ 0.19 $ 0.15 $ 0.24 $ 0.26
WEIGHTED AVERAGE SHARES        
Basic 63,333 62,811 63,233 62,802
Diluted 64,172 64,421 64,055 64,013