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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash Flows From Operating Activities    
Net income (loss) $ 39,763 $ (19,214)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and obsolescence allowance 27,222 25,238
Aircraft lease termination costs 1,263 19,353
Amortization of contract costs (2,502) (3,725)
Amortization of engine overhauls 1,265 4,067
Deferred income taxes 3,601 744
Loss on disposition of property 648 2,528
Changes in operating assets and liabilities:    
Accounts receivable (2,444) 3,989
Notes Receivable (32,440) 0
Spare parts and supplies 622 (402)
Prepaid expenses and other (1,885) 2,466
Operating lease right of use asset 2,520 (1,987)
Accounts payable (7,790) (7,706)
Accrued payroll and employee benefits (713) (372)
Other accrued expenses 18 (996)
Long-term deferred revenue 30,720 0
Contract liabilities 12,297 1,417
Income taxes payable (106) (100)
Other long-term liabilities 1,119 246
Net Cash Provided by Operating Activities 73,178 25,546
Cash Flows From Investing Activities    
Additions to property and equipment (8,749) (21,498)
Proceeds on disposition of property and equipment 95 562
Net Cash Used in Investing Activities (8,654) (20,936)
Cash Flows From Financing Activities    
Repayments of long-term debt (12,845) (7,198)
Proceeds from note payable 10,000 11,790
Dividends paid (759) 0
Net Cash (Used in) Provided by Financing Activities (3,604) 4,592
Increase in Cash, Cash Equivalents and Restricted Cash 60,920 9,202
Cash, Cash Equivalents and Restricted Cash, beginning of year 70,273 61,071
Cash, Cash Equivalents and Restricted Cash, end of year $ 131,193 $ 70,273