XML 38 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
CURRENT ASSETS:    
Cash and cash equivalents $ 33,442 $ 31,699
Accounts receivable, net of allowance of $843 in 2014 and $717 in 2013 36,392 52,247
Inventory 11,936 9,050
Prepaid supplies and other 12,023 9,730
Deferred income taxes 13,957 13,957
Aircraft and engines held for sale 923 2,995
TOTAL CURRENT ASSETS 108,673 119,678
Property and equipment, net 850,715 838,172
Other assets 29,288 21,143
Pension assets, net of obligations 20,895 14,855
Intangibles 4,685 4,896
Goodwill 34,395 34,395
TOTAL ASSETS 1,048,651 1,033,139
CURRENT LIABILITIES:    
Accounts payable 29,803 34,818
Accrued salaries, wages and benefits 26,219 23,163
Accrued expenses 9,390 9,695
Current portion of debt obligations 24,184 23,721
Unearned revenue 11,692 8,733
TOTAL CURRENT LIABILITIES 101,288 100,130
Long term debt 347,447 360,794
Post-retirement obligations 24,833 30,638
Other liabilities 56,653 62,740
Deferred income taxes 123,890 109,869
TOTAL LIABILITIES 654,111 664,171
Commitments and contingencies (Note G)      
STOCKHOLDERS’ EQUITY:    
Preferred stock, 20,000,000 shares authorized, including 75,000 Series A Junior Participating Preferred Stock 0 0
Common stock, par value $0.01 per share; 75,000,000 shares authorized; 64,939,895 and 64,618,305 shares issued and outstanding in 2014 and 2013, respectively 649 646
Additional paid-in capital 526,845 524,953
Accumulated deficit (100,664) (126,813)
Accumulated other comprehensive loss (32,290) (29,818)
TOTAL STOCKHOLDERS’ EQUITY 394,540 368,968
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,048,651 $ 1,033,139