XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
REVENUES $ 203,040 $ 237,917
OPERATING EXPENSES    
Salaries, wages and benefits 70,783 72,486
Fuel 5,788 34,841
Maintenance, materials and repairs 36,866 30,282
Depreciation and amortization 40,004 36,442
Travel 6,632 7,366
Contracted ground and aviation services 2,384 20,687
Rent 3,230 3,286
Landing and ramp 1,148 5,299
Insurance 1,357 1,262
Other operating expenses 7,205 8,036
Operating Expenses 175,397 219,987
OPERATING INCOME 27,643 17,930
OTHER INCOME (EXPENSE)    
Interest income 23 32
Non-service component of retiree benefit costs (5,362) (3,548)
Net gain (loss) on financial instruments (885) 1,869
Other Nonoperating Income (Expense) (6,715) (1,824)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 20,928 16,106
INCOME TAX EXPENSE (5,246) (6,310)
EARNINGS FROM CONTINUING OPERATIONS 15,682 9,796
EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES 196 192
NET EARNINGS $ 15,878 $ 9,988
BASIC EARNINGS PER SHARE    
Basic earnings per share from continuing operations (in dollars per share) $ 0.27 $ 0.17
Discontinued operations (in dollars per share) 0.00 0.00
TOTAL BASIC EARNINGS PER SHARE (in dollars per share) 0.27 0.17
DILUTED EARNINGS PER SHARE    
Diluted earnings per share from continuing operations (in dollars per share) 0.26 0.13
Discontinued operations (in dollars per share) 0.01 0.00
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share) $ 0.27 $ 0.13
WEIGHTED AVERAGE SHARES    
Basic (in shares) 58,840 59,133
Diluted (in shares) 59,558 64,949