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Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES $ 485,517 $ 501,095
OPERATING EXPENSES    
Salaries, wages and benefits 171,482 176,715
Depreciation and amortization 90,380 84,728
Maintenance, materials and repairs 49,883 43,833
Fuel 63,545 66,755
Contracted ground and aviation services 15,706 17,788
Travel 30,446 29,553
Landing and ramp 4,030 4,124
Rent 7,532 8,112
Insurance 2,736 2,548
Other operating expenses 16,773 19,516
Costs and Expenses 452,513 453,672
OPERATING INCOME 33,004 47,423
OTHER INCOME (EXPENSE)    
Interest income 239 215
Non-service component of retiree benefit costs (1,085) (3,218)
Net gain (loss) on financial instruments 2,355 (1,740)
Loss from non-consolidated affiliate (79) (406)
Interest expense (21,988) (15,705)
Nonoperating Income (Expense) (20,558) (20,854)
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 12,446 26,569
INCOME TAX EXPENSE (3,827) (6,428)
EARNINGS FROM CONTINUING OPERATIONS 8,619 20,141
EARNINGS FROM DISCONTINUED OPERATIONS, NET OF TAXES 0 0
NET EARNINGS $ 8,619 $ 20,141
BASIC EARNINGS PER SHARE    
Continuing operations (in dollars per share) $ 0.13 $ 0.28
Discontinued operations (in dollars per share) 0 0
TOTAL BASIC EARNINGS PER SHARE (in dollars per share) 0.13 0.28
DILUTED EARNINGS PER SHARE    
Continuing operations (in dollars per share) 0.13 0.25
Discontinued operations (in dollars per share) 0 0
TOTAL DILUTED EARNINGS PER SHARE (in dollars per share) $ 0.13 $ 0.25
WEIGHTED AVERAGE SHARES    
Basic (in shares) 64,973 71,802
Diluted (in shares) 67,235 83,057