v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
OPERATING REVENUES:    
Passenger $ 671,799 $ 616,750
Third party products 42,335 35,203
Fixed fee contracts 18,123 16,252
Resort and other 175 30,869
Total operating revenues 732,432 699,074
OPERATING EXPENSES:    
Salaries and benefits 218,085 231,439
Aircraft fuel 180,241 166,333
Station operations 76,482 73,505
Depreciation and amortization 57,926 63,312
Maintenance and repairs 35,216 34,854
Sales and marketing 28,201 25,096
Aircraft lease rentals 7,461 5,920
Other 19,934 35,168
Special charges, net of recoveries 27,782 (1,555)
Total operating expenses 651,328 634,072
OPERATING INCOME 81,104 65,002
OTHER (INCOME) EXPENSES:    
Interest income (8,714) (11,935)
Interest expense 29,227 40,783
Capitalized interest (4,291) (6,488)
Other non-operating expense (1,142) 702
Total other expenses 15,080 23,062
INCOME BEFORE INCOME TAXES 66,024 41,940
INCOME TAX PROVISION 23,546 9,838
NET INCOME $ 42,478 $ 32,102
Earnings per share to common shareholders:    
Basic (in dollars per share) $ 2.30 $ 1.74
Diluted (in dollars per share) $ 2.30 $ 1.73
Shares used for computation:    
Basic (in shares) 18,207 17,984
Diluted (in shares) 18,219 18,022
Cash dividends declared per share (in dollars per share) $ 0 $ 0