XML 76 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 20,932 $ 15,442
Accounts receivable, net of allowance of $601 in 2013 and $749 in 2012 43,840 47,858
Inventory 8,491 9,430
Prepaid supplies and other 7,584 8,855
Deferred income taxes 19,154 19,154
Aircraft and engines held for sale 2,716 3,360
TOTAL CURRENT ASSETS 102,717 104,099
Property and equipment, net 855,954 818,924
Other assets 20,419 20,462
Intangibles 5,021 5,146
Goodwill 86,980 86,980
TOTAL ASSETS 1,071,091 1,035,611
CURRENT LIABILITIES:    
Accounts payable 39,455 36,521
Accrued salaries, wages and benefits 18,893 22,917
Accrued expenses 8,797 8,502
Current portion of debt obligations 23,426 21,265
Unearned revenue 10,408 10,311
TOTAL CURRENT LIABILITIES 100,979 99,516
Long term debt obligations 365,330 343,216
Post-retirement liabilities 169,858 185,097
Other liabilities 60,592 62,104
Deferred income taxes 56,806 46,422
TOTAL LIABILITIES 753,565 736,355
Commitments and contingencies (Note G)      
STOCKHOLDERS’ EQUITY:    
Preferred stock, 20,000,000 shares authorized, including 75,000 Series A Junior Participating Preferred Stock 0 0
Common stock, par value $0.01 per share; 75,000,000 shares authorized; 64,672,632 and 64,130,056 shares issued and outstanding in 2013 and 2012, respectively 647 641
Additional paid-in capital 523,706 523,087
Accumulated deficit (91,772) (107,185)
Accumulated other comprehensive loss (115,055) (117,287)
TOTAL STOCKHOLDERS’ EQUITY 317,526 299,256
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 1,071,091 $ 1,035,611