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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities    
Net income $ 39,110 $ 92,626
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and obsolescence allowance 26,327 26,552
Amortization of contract costs (4,385) (3,593)
Amortization of engine overhauls 2,757 1,901
Deferred income taxes 7,954 (6,045)
Loss (gain) on disposition of property and equipment 181 (298)
Loss on marketable securities 8,826 1,158
Gain on extinguishment of debt (53) (10,363)
Changes in operating assets and liabilities:    
Accounts receivable (32,919) 2,294
Notes Receivable 28,116 (15,128)
Spare parts and supplies (324) (433)
Prepaid expenses and other 3,353 (3,803)
Operating lease right-of-use asset 112 218
Accounts payable 105 8,287
Accrued payroll and employee benefits (1,896) 124
Other accrued expenses (35) (173)
Long-term deferred revenues (9,046) (21,674)
Contract liabilities (3,054) (707)
Deferred revenues (19,231) 23,293
Income taxes payable 0 (107)
Other long-term liabilities (864) 84
Net Cash Provided by Operating Activities 45,034 94,213
Cash Flows From Investing Activities    
Additions to property and equipment (5,513) (3,637)
Proceeds on disposition of property and equipment 64 30
Purchase of marketable securities (24,283) (267,157)
Sale of marketable securities 0 127,629
Net Cash Used in Investing Activities (29,732) (143,135)
Cash Flows From Financing Activities    
Repayments of long-term debt (6,275) (40,061)
Dividends paid on preferred stock (792) (792)
Repurchase of stock options (969) 0
Repurchase of common stock (11,703) (2,799)
Net Cash Used in Financing Activities (19,739) (43,652)
Decrease in Cash, Cash Equivalents and Restricted Cash (4,437) (92,574)
Cash, Cash Equivalents and Restricted Cash, beginning of year 38,619 131,193
Cash, Cash Equivalents and Restricted Cash, end of year $ 34,182 $ 38,619