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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and cash equivalents $ 13,493us-gaap_CashAndCashEquivalentsAtCarryingValue $ 12,801us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 51,258us-gaap_RestrictedCashAndCashEquivalents 50,794us-gaap_RestrictedCashAndCashEquivalents
Equipment held for operating lease, less accumulated depreciation of $281,087 and $257,806 at December 31, 2014 and 2013, respectively 1,066,448us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet 1,033,022us-gaap_PropertySubjectToOrAvailableForOperatingLeaseNet
Equipment held for sale 18,114wlfc_EquipmentHeldForSale 32,491wlfc_EquipmentHeldForSale
Operating lease related receivable, net of allowances of $215 and $296 at December 31, 2014 and 2013, respectively 8,912us-gaap_AccountsReceivableNet 13,286us-gaap_AccountsReceivableNet
Spare parts inventory 18,593us-gaap_AirlineRelatedInventoryAircraftParts 3,280us-gaap_AirlineRelatedInventoryAircraftParts
Investments 41,590us-gaap_Investments 23,485us-gaap_Investments
Property, equipment & furnishings, less accumulated depreciation of $9,420 and $8,666 at December 31, 2014 and 2013, respectively 17,955us-gaap_PropertyPlantAndEquipmentNet 4,950us-gaap_PropertyPlantAndEquipmentNet
Intangible assets, net 1,164us-gaap_IntangibleAssetsNetExcludingGoodwill 1,396us-gaap_IntangibleAssetsNetExcludingGoodwill
Equipment purchase deposits   1,369wlfc_EquipmentPurchaseDeposits
Other assets 24,099us-gaap_OtherAssets 22,355us-gaap_OtherAssets
Total assets 1,261,626us-gaap_Assets 1,199,229us-gaap_Assets
Liabilities:    
Accounts payable and accrued expenses 21,614us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent 16,283us-gaap_AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
Deferred income taxes 90,510us-gaap_DeferredIncomeTaxLiabilities 86,685us-gaap_DeferredIncomeTaxLiabilities
Notes payable 840,956us-gaap_LongTermDebt 787,614us-gaap_LongTermDebt
Maintenance reserves 66,474wlfc_MaintenanceReserves 77,335wlfc_MaintenanceReserves
Security deposits 20,869us-gaap_SecurityDepositLiability 15,158us-gaap_SecurityDepositLiability
Unearned lease revenue 4,342us-gaap_DeferredRevenueLeasesNet 3,549us-gaap_DeferredRevenueLeasesNet
Total liabilities 1,044,765us-gaap_Liabilities 986,624us-gaap_Liabilities
Shareholders' equity:    
Preferred stock ($0.01 par value, 5,000,000 shares authorized; 0 shares issued and outstanding at December 31, 2014 and 2013)      
Common stock ($0.01 par value, 20,000,000 shares authorized; 8,346,304 and 8,399,739 shares issued and outstanding at December 31, 2014 and 2013, respectively) 83us-gaap_CommonStockValue 84us-gaap_CommonStockValue
Paid-in capital in excess of par 42,076us-gaap_AdditionalPaidInCapital 44,741us-gaap_AdditionalPaidInCapital
Retained earnings 174,702us-gaap_RetainedEarningsAccumulatedDeficit 167,455us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive income, net of income tax expense of $174 at December 31, 2013   325us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total shareholders' equity 216,861us-gaap_StockholdersEquity 212,605us-gaap_StockholdersEquity
Total liabilities and shareholders' equity $ 1,261,626us-gaap_LiabilitiesAndStockholdersEquity $ 1,199,229us-gaap_LiabilitiesAndStockholdersEquity