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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
OPERATING REVENUES:    
Total operating revenues $ 729,936 $ 723,694
OPERATING EXPENSES:    
Salaries, wages and benefits 249,160 257,588
Depreciation and amortization 111,708 89,986
Special items   21,869
Other operating expenses 69,422 63,109
Total operating expenses 663,615 627,275
OPERATING INCOME 66,321 96,419
OTHER INCOME (EXPENSE):    
Interest income 2,564 3,807
Interest expense (30,204) (32,507)
Other income (expense), net 398 46,725
Total other income (expense), net (27,242) 18,025
INCOME BEFORE INCOME TAXES 39,079 114,444
PROVISION FOR INCOME TAXES 9,091 26,263
NET INCOME $ 29,988 $ 88,181
BASIC EARNINGS PER SHARE (in dollars per share) $ 0.60 $ 1.71
DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.59 $ 1.69
Weighted average common shares:    
Basic (in shares) 50,277 51,440
Diluted (in shares) 50,559 52,098
COMPREHENSIVE INCOME:    
Net income $ 29,988 $ 88,181
Net unrealized appreciation on marketable securities, net of taxes   32
TOTAL COMPREHENSIVE INCOME 29,988 88,213
Flying agreements    
OPERATING REVENUES:    
Total operating revenues 709,494 700,001
Lease, airport services and other    
OPERATING REVENUES:    
Total operating revenues 20,442 23,693
Airport customer service and other    
OPERATING REVENUES:    
Total operating revenues 20,442 23,693
Aircraft maintenance, materials and repairs    
OPERATING EXPENSES:    
Total operating expenses 160,216 118,262
Airport related expenses    
OPERATING EXPENSES:    
Total operating expenses 30,640 30,647
Aircraft fuel    
OPERATING EXPENSES:    
Total operating expenses 25,413 25,656
Aircraft rentals    
OPERATING EXPENSES:    
Total operating expenses $ 17,056 $ 20,158