XML 51 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES $ 143,593 $ 143,279
OPERATING EXPENSES    
Salaries, wages and benefits 43,065 43,309
Fuel 12,260 14,361
Maintenance, materials and repairs 24,879 22,134
Depreciation and amortization 24,979 20,920
Travel 4,573 4,727
Rent 7,310 6,779
Landing and ramp 2,738 4,065
Insurance 1,205 1,511
Other operating expenses 8,748 9,060
Operating Expenses 129,757 126,866
OPERATING INCOME 13,836 16,413
OTHER INCOME (EXPENSE)    
Interest income 19 21
Interest expense (3,823) (3,132)
Net gain on derivative instruments 299 290
Other Nonoperating Income (Expense) (3,505) (2,821)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 10,331 13,592
INCOME TAX EXPENSE (3,809) (5,091)
EARNINGS FROM CONTINUING OPERATIONS 6,522 8,501
EARNINGS (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAXES 211 (1)
NET EARNINGS $ 6,733 $ 8,500
BASIC EARNINGS PER SHARE    
Continuing operations (in dollars per share) $ 0.10 $ 0.13
Discontinued operations (in dollars per share) $ 0.00 $ 0.00
TOTAL BASIC EARNINGS PER SHARE (in dollars per share) $ 0.10 $ 0.13
DILUTED EARNINGS PER SHARE    
Continuing operations (in dollars per share) $ 0.10 $ 0.13
Discontinued operations (in dollars per share) $ 0.00 $ 0.00
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share) $ 0.10 $ 0.13
WEIGHTED AVERAGE SHARES    
Basic (in shares) 64,148 63,810
Diluted (in shares) 65,141 64,524