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Unaudited Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
REVENUES $ 145,506 $ 175,127
OPERATING EXPENSES    
Salaries, wages and benefits 47,104 46,348
Fuel 13,840 39,676
Maintenance, materials and repairs 23,114 21,306
Depreciation and amortization 20,300 22,371
Travel 5,978 6,310
Rent 5,730 5,640
Landing and ramp 4,066 6,405
Insurance 2,010 2,350
Other operating expenses 9,562 9,292
Operating Expenses 131,704 159,698
OPERATING INCOME 13,802 15,429
OTHER INCOME (EXPENSE)    
Interest income 28 66
Interest expense (3,547) (4,103)
Unrealized loss on derivative instruments 460 (3,932)
Write-off of unamortized debt issuance costs 0 (2,870)
Other Nonoperating Income (Expense) (3,059) (10,839)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 10,743 4,590
INCOME TAXES (4,081) (1,709)
EARNINGS FROM CONTINUING OPERATIONS 6,662 2,881
EARNINGS (LOSSES) FROM DISCONTINUED OPERATIONS, NET OF TAX (230) (117)
NET EARNINGS $ 6,432 $ 2,764
BASIC EARNINGS PER SHARE    
Continuing operations $ 0.11 $ 0.04
Discontinued operations $ (0.01) $ 0.00
TOTAL NET EARNINGS PER SHARE - Basic $ 0.10 $ 0.04
DILUTED EARNINGS PER SHARE    
Continuing operations $ 0.10 $ 0.04
Discontinued operations $ 0.00 $ 0.00
TOTAL NET EARNINGS PER SHARE - Diluted $ 0.10 $ 0.04
WEIGHTED AVERAGE SHARES    
Basic 63,431 63,131
Diluted 64,374 63,936