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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
REVENUES $ 138,904 $ 153,554 $ 282,183 $ 299,060
OPERATING EXPENSES        
Salaries, wages and benefits 41,964 44,570 85,273 91,674
Fuel 12,440 14,084 26,801 27,924
Maintenance, materials and repairs 25,005 25,270 47,139 48,384
Depreciation and amortization 21,765 21,514 42,685 41,814
Travel 4,772 5,566 9,499 11,544
Rent 6,791 6,244 13,570 11,974
Landing and ramp 1,972 3,880 6,037 7,946
Insurance 1,396 1,826 2,907 3,836
Other operating expenses 8,630 8,998 17,690 18,560
Operating Expenses 124,735 131,952 251,601 263,656
OPERATING INCOME 14,169 21,602 30,582 35,404
OTHER INCOME (EXPENSE)        
Interest income 18 38 39 66
Interest expense (3,554) (3,671) (6,686) (7,218)
Net gain on derivative instruments 452 202 742 662
Other Nonoperating Income (Expense) (3,084) (3,431) (5,905) (6,490)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 11,085 18,171 24,677 28,914
INCOME TAX EXPENSE (4,170) (6,952) (9,261) (11,033)
EARNINGS FROM CONTINUING OPERATIONS 6,915 11,219 15,416 17,881
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAXES (1) (160) (2) (390)
NET EARNINGS $ 6,914 $ 11,059 $ 15,414 $ 17,491
BASIC EARNINGS PER SHARE        
Continuing operations (in dollars per share) $ 0.11 $ 0.18 $ 0.24 $ 0.28
Discontinued operations (in dollars per share) $ 0.00 $ (0.01) $ 0.00 $ 0.00
TOTAL BASIC EARNINGS PER SHARE (in dollars per share) $ 0.11 $ 0.17 $ 0.24 $ 0.28
DILUTED EARNINGS PER SHARE        
Continuing operations (in dollars per share) $ 0.11 $ 0.17 $ 0.24 $ 0.28
Discontinued operations (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ (0.01)
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share) $ 0.11 $ 0.17 $ 0.24 $ 0.27
WEIGHTED AVERAGE SHARES        
Basic (in shares) 64,050 63,431 63,931 63,431
Diluted (in shares) 64,859 64,393 64,692 64,383