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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, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES $ 149,618 $ 138,904 $ 293,211 $ 282,183
OPERATING EXPENSES        
Salaries, wages and benefits 40,895 41,964 83,960 85,273
Fuel 14,014 12,440 26,274 26,801
Maintenance, materials and repairs 23,168 25,005 48,047 47,139
Depreciation and amortization 27,142 21,765 52,121 42,685
Travel 4,419 4,772 8,992 9,499
Rent 6,924 6,791 14,234 13,570
Landing and ramp 2,576 1,972 5,314 6,037
Insurance 1,573 1,396 2,778 2,907
Other operating expenses 10,790 8,630 19,538 17,690
Operating Expenses 131,501 124,735 261,258 251,601
OPERATING INCOME 18,117 14,169 31,953 30,582
OTHER INCOME (EXPENSE)        
Interest income 24 18 43 39
Interest expense (3,481) (3,554) (7,304) 6,686
Net gain on derivative instruments 31 452 330 742
Other Nonoperating Income (Expense) (3,426) (3,084) (6,931) (5,905)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 14,691 11,085 25,022 24,677
INCOME TAX EXPENSE (5,393) (4,170) (9,202) 9,261
EARNINGS FROM CONTINUING OPERATIONS 9,298 6,915 15,820 15,416
EARNINGS (LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAXES 211 (1) 422 (2)
NET EARNINGS $ 9,509 $ 6,914 $ 16,242 $ 15,414
BASIC EARNINGS PER SHARE        
Continuing operations (in dollars per share) $ 0.14 $ 0.11 $ 0.25 $ 0.24
Discontinued operations (in dollars per share) $ 0.01 $ 0.00 $ 0.00 $ 0.00
TOTAL BASIC EARNINGS PER SHARE (in dollars per share) $ 0.15 $ 0.11 $ 0.25 $ 0.24
DILUTED EARNINGS PER SHARE        
Continuing operations (in dollars per share) $ 0.14 $ 0.11 $ 0.24 $ 0.24
Discontinued operations (in dollars per share) $ 0.01 $ 0.00 $ 0.01 $ 0.00
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share) $ 0.15 $ 0.11 $ 0.25 $ 0.24
WEIGHTED AVERAGE SHARES        
Basic (in shares) 64,285 64,050 64,217 63,931
Diluted (in shares) 65,207 64,859 65,174 64,692