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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
OPERATING REVENUES:        
Passenger $ 812,295 $ 781,475 $ 2,349,047 $ 2,310,678
Ground handling and other 19,641 18,301 58,063 52,512
Total operating revenues 831,936 799,776 2,407,110 2,363,190
OPERATING EXPENSES:        
Salaries, wages and benefits 303,997 305,958 899,966 915,743
Aircraft maintenance, materials and repairs 148,787 143,573 433,467 424,722
Depreciation and amortization 74,095 71,743 215,415 209,431
Aircraft rentals 54,976 65,766 168,098 205,458
Aircraft fuel 42,071 33,189 113,564 90,827
Ground handling services 16,693 16,498 52,130 54,225
Other operating expenses 78,948 77,215 229,211 231,004
Total operating expenses 719,567 713,942 2,111,851 2,131,410
OPERATING INCOME 112,369 85,834 295,259 231,780
OTHER INCOME (EXPENSE):        
Interest income and other 1,408 591 3,398 1,506
Interest expense (27,101) (19,865) (78,713) (55,876)
Total other expense, net (25,693) (19,274) (75,315) (54,370)
INCOME BEFORE INCOME TAXES 86,676 66,560 219,944 177,410
PROVISION FOR INCOME TAXES 32,960 25,238 80,966 68,751
NET INCOME $ 53,716 $ 41,322 $ 138,978 $ 108,659
BASIC EARNINGS PER SHARE (in dollars per share) $ 1.04 $ 0.80 $ 2.68 $ 2.11
DILUTED EARNINGS PER SHARE (in dollars per share) $ 1.01 $ 0.79 $ 2.62 $ 2.08
Weighted average common shares:        
Basic (in shares) 51,833 51,627 51,801 51,421
Diluted (in shares) 53,080 52,471 53,087 52,224
COMPREHENSIVE INCOME:        
Net income $ 53,716 $ 41,322 $ 138,978 $ 108,659
Net unrealized appreciation (depreciation) on marketable securities, net of taxes 11 (11) 67 217
TOTAL COMPREHENSIVE INCOME $ 53,727 $ 41,311 $ 139,045 $ 108,876