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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
Dec. 31, 2016
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash and Cash Equivalents, at Carrying Value $ 152,719   $ 211,922   $ 455,579 $ 152,719 $ 211,922 $ 455,579  
Restricted Cash and Cash Equivalents 15,134   21,935   53,238 15,134 21,935 53,238  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 167,853   233,857   508,817 167,853 233,857 508,817  
Net income 103,837 $ 57,547 55,120 $ 42,439 151,453 247,919 147,874 151,453  
Adjustments to reconcile net income to net cash provided by operating activities:                  
Depreciation         305,216 310,850 298,664 305,216  
Amortization of deferred financing costs         18,508 14,627 19,435    
Amortization of lease premiums, discounts and incentives         10,353 15,269 11,714 10,353  
Deferred income taxes         6,156 (496) (8,948)    
Non-cash share-based payment expense         7,901 11,488 13,148 7,901  
Cash flow hedges reclassified into earnings         9,662 1,166 2,202 9,662  
Security deposits and maintenance payments included in earnings         (23,123) (80,628) (17,947)    
Gain on the sale of flight equipment         (39,126) (36,766) (55,167) (39,126) $ (58,017)
Impairment of aircraft         28,585 0 80,430 28,585  
Other         (6,867) 3,032 1,476    
Changes on certain assets and liabilities:                  
Accounts receivable         832 (12,328) (6,734)    
Other assets         (1,089) 5,065 (7,655)    
Accounts payable, accrued expenses and other liabilities         (4,014) 10,526 13,857    
Lease rentals received in advance         3,645 32,868 (1,478)    
Net Cash and Restricted Cash Provided by (Used in) Operating Activities         468,092 522,592 490,871    
Cash flows from investing activities:                  
Acquisition and improvement of flight equipment         (1,331,059) (1,317,497) (1,038,343)    
Proceeds from sale of flight equipment         755,898 338,831 833,576    
Net investment in finance and sales-type leases         (78,892) (15,783) (331,721)    
Proceeds from Collection of Finance Receivables         19,413 29,961 32,184    
Aircraft purchase deposits and progress payments, net of returned deposits and aircraft sales deposits         (9,628) (15,494) (7,681)    
Unconsolidated equity method investment and associated costs         (18,048) (3,350) 0    
Other         (839) 8,645 (5,122)    
Net cash and restricted cash used in investing activities         (663,155) (974,687) (517,107)    
Cash flows from financing activities:                  
Repurchase of shares         (37,337) (71,421) (4,862)    
Proceeds from secured and unsecured debt financings         1,054,250 1,413,901 675,000    
Repayments of secured and unsecured debt financings         (588,778) (969,139) (878,534)    
Deferred financing costs         (18,890) (11,642) (8,540)    
Restricted secured liquidity facility collateral         65,000 0 0    
Liquidity facility         (65,000) 0 0    
Security deposits and maintenance payments received         171,672 203,925 192,830    
Security deposits and maintenance payments returned         (51,658) (90,803) (141,185)    
Dividends paid         (77,137) (88,730) (83,433)    
Other         (2,283) 0 0    
Net cash and restricted cash provided by (used in) financing activities         449,839 386,091 (248,724)    
Net (decrease) increase in cash and restricted cash         254,776 (66,004) (274,960)    
Cash and restricted cash at beginning of year   $ 233,857   $ 508,817   233,857 508,817 254,041  
Cash and restricted cash at end of year $ 167,853   $ 233,857   $ 508,817 167,853 233,857 508,817 $ 254,041
Supplemental disclosures of cash flow information:                  
Cash paid during the year for interest           214,350 228,125 224,705  
Cash paid during the year for income taxes           6,254 4,576 16,693  
Supplemental disclosures of non-cash investing activities:                  
Advance lease rentals, security deposits, maintenance payments, other liabilities and other assets settled in sale of flight equipment           71,837 132,585 75,335  
Advance lease rentals, security deposits, maintenance payments, other liabilities and other assets assumed in asset acquisitions           63,432 149,100 202,808  
Transfers from Flight equipment held for lease to Net investment in finance and sales-type leases and Other assets           $ 11,202 $ 154,213 $ 142,950