XML 34 R2.htm IDEA: XBRL DOCUMENT v2.3.0.15
Unaudited Condensed Consolidated Statements of Earnings (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES$ 195,480$ 167,726$ 563,668$ 488,781
OPERATING EXPENSES    
Salaries, wages and benefits48,87241,074140,546129,830
Fuel41,82933,745130,14598,203
Depreciation and amortization22,61622,75868,86565,310
Maintenance, materials and repairs23,74022,44667,42657,355
Landing and ramp5,6915,41918,12817,830
Travel7,5755,66720,80316,383
Rent5,8724,88116,94612,257
Insurance2,7202,1307,4647,122
Impairment of goodwill2,79702,7970
Impairment of acquired intangibles2,28202,2820
Impairment of aircraft22,065022,0650
Other operating expenses10,9318,37829,48126,956
Operating Expenses196,990146,498526,948431,246
OPERATING INCOME(1,510)21,22836,72057,535
OTHER INCOME (EXPENSE)    
Interest income2983128241
Interest expense(3,304)(4,641)(10,944)(14,424)
Write-off of unamortized debt issuance costs00(2,886)0
Unrealized loss on derivative instruments(1,881)0(5,437)0
Other Nonoperating Income (Expense)(5,156)(4,558)(19,139)(14,183)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES(6,666)16,67017,58143,352
INCOME TAXES1,840(5,282)(7,246)(15,299)
EARNINGS FROM CONTINUING OPERATIONS(4,826)11,38810,33528,053
EARNINGS (LOSSES) FROM DISCONTINUED OPERATIONS, NET OF TAX24(230)(74)(58)
NET EARNINGS$ (4,802)$ 11,158$ 10,261$ 27,995
BASIC EARNINGS PER SHARE    
Continuing operations$ (0.08)$ 0.18$ 0.16$ 0.45
Discontinued operations$ 0.00$ 0.00$ 0.00$ 0.00
TOTAL NET EARNINGS PER SHARE - Basic$ (0.08)$ 0.18$ 0.16$ 0.45
DILUTED EARNINGS PER SHARE    
Continuing operations$ (0.08)$ 0.18$ 0.16$ 0.44
Discontinued operations$ 0.00$ (0.01)$ 0.00$ 0.00
TOTAL NET EARNINGS PER SHARE - Diluted$ (0.08)$ 0.17$ 0.16$ 0.44
WEIGHTED AVERAGE SHARES    
Basic63,33462,81163,26762,805
Diluted63,33464,20264,07864,076