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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING REVENUES:    
Total operating revenues $ 691,831 $ 735,152
OPERATING EXPENSES:    
Salaries, wages and benefits 335,201 300,058
Aircraft maintenance, materials and repairs 142,226 148,413
Depreciation and amortization 94,149 102,745
Aircraft fuel 20,964 25,090
Aircraft rentals 19,528 15,996
Airport-related expenses 18,295 19,205
Other operating expenses 66,172 71,597
Total operating expenses 696,535 683,104
OPERATING INCOME (LOSS) (4,704) 52,048
OTHER INCOME (EXPENSE):    
Interest income 10,033 425
Interest expense (33,620) (28,592)
Other income, net 2,174 880
Total other expense, net (21,413) (27,287)
INCOME (LOSS) BEFORE INCOME TAXES (26,117) 24,761
PROVISION (BENEFIT) FOR INCOME TAXES (4,046) 7,027
NET INCOME (LOSS) $ (22,071) $ 17,734
BASIC EARNINGS (LOSS) PER SHARE (in dollars per share) $ (0.45) $ 0.35
DILUTED EARNINGS (LOSS) PER SHARE (in dollars per share) $ (0.45) $ 0.35
Weighted average common shares:    
Basic (in shares) 49,391 50,480
Diluted (in shares) 49,391 50,708
COMPREHENSIVE INCOME (LOSS):    
Net income (loss) $ (22,071) $ 17,734
Net unrealized appreciation on marketable securities, net of taxes 1,480  
TOTAL COMPREHENSIVE INCOME (LOSS) (20,591) 17,734
Flying agreements    
OPERATING REVENUES:    
Total operating revenues 663,838 708,063
Lease, airport services and other    
OPERATING REVENUES:    
Total operating revenues $ 27,993 $ 27,089