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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES $ 348,183 $ 203,040
OPERATING EXPENSES    
Salaries, wages and benefits 99,341 70,783
Fuel 34,750 5,788
Maintenance, materials and repairs 44,738 36,866
Depreciation and amortization 62,637 40,004
Travel 20,098 6,632
Contracted ground and aviation services 15,598 2,384
Rent 3,753 3,230
Landing and ramp 3,048 1,148
Insurance 1,911 1,357
Transaction fees 373 0
Other operating expenses 15,408 7,205
Operating Expenses 301,655 175,397
OPERATING INCOME 46,528 27,643
OTHER INCOME (EXPENSE)    
Interest income 96 23
Non-service component of retiree benefit costs (2,351) 2,045
Non-service component of retiree benefit (costs) credits (17,390) (5,362)
Net gain (loss) on financial instruments 4,500 (885)
Other Nonoperating Income (Expense) (18,961) (6,715)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 27,567 20,928
INCOME TAX EXPENSE   (5,246)
EARNINGS FROM CONTINUING OPERATIONS 22,634 15,682
EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES 31 196
NET EARNINGS $ 22,665 $ 15,878
BASIC EARNINGS PER SHARE    
Basic earnings per share from continuing operations (in dollars per share) $ 0.38 $ 0.27
Discontinued operations (in dollars per share) 0.01 0.00
TOTAL BASIC EARNINGS PER SHARE (in dollars per share) 0.39 0.27
DILUTED EARNINGS PER SHARE    
Diluted earnings per share from continuing operations (in dollars per share) 0.25 0.26
Discontinued operations (in dollars per share) 0.00 0.01
TOTAL DILUTED NET EARNINGS PER SHARE (in dollars per share) $ 0.25 $ 0.27
WEIGHTED AVERAGE SHARES    
Basic (in shares) 58,838 58,840
Diluted (in shares) 60,437 59,558