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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUES $ 142,305 $ 138,443 $ 437,683 $ 431,654
OPERATING EXPENSES        
Salaries, wages and benefits 41,624 39,096 127,339 123,056
Fuel 12,029 14,059 35,082 40,333
Maintenance, materials and repairs 24,655 17,082 71,341 65,129
Depreciation and amortization 30,754 26,307 91,147 78,428
Travel 3,989 4,189 12,754 13,181
Rent 2,246 6,689 8,900 20,923
Landing and ramp 2,108 2,450 6,982 7,764
Insurance 832 1,109 2,636 3,887
Other operating expenses 11,151 9,175 31,262 28,713
Operating Expenses 129,388 120,156 387,443 381,414
OPERATING INCOME 12,917 18,287 50,240 50,240
OTHER INCOME (EXPENSE)        
Interest income 18 23 64 66
Interest expense (2,684) (3,309) (8,588) (10,613)
Unrealized Gain (Loss) on Derivatives 96 639 347 969
Other Nonoperating Income (Expense) (2,570) (2,647) (8,177) (9,578)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 10,347 15,640 42,063 40,662
INCOME TAX EXPENSE (4,000) (6,045) (16,251) (15,247)
EARNINGS FROM CONTINUING OPERATIONS 6,347 9,595 25,812 25,415
EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES 214 312 642 734
NET EARNINGS $ 6,561 $ 9,907 $ 26,454 $ 26,149
BASIC EARNINGS PER SHARE        
Continuing operations (in dollars per share) $ 0.10 $ 0.15 $ 0.40 $ 0.40
Discontinued operations (in dollars per share) 0.00 0.00 0.01 0.01
TOTAL BASIC EARNINGS PER SHARE (in dollars per share) 0.10 0.15 0.41 0.41
DILUTED EARNINGS PER SHARE        
Continuing operations (in dollars per share) 0.10 0.15 0.40 0.39
Discontinued operations (in dollars per share) 0.00 0.00 0.00 0.01
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share) $ 0.10 $ 0.15 $ 0.40 $ 0.40
WEIGHTED AVERAGE SHARES        
Basic (in shares) 64,239 64,286 64,411 64,240
Diluted (in shares) 65,171 65,271 65,341 65,207