v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows From Operating Activities    
Net income (loss) $ 5,708 $ (5,958)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 36,161 29,969
Amortization of deferred financing costs, net 1,317 1,848
Amortization of right-to-use lease assets 1,477 869
Stock-based compensation 3,681 9,119
Deferred income taxes (1,370) (1,135)
Loss (gain) on foreign currency 629 (1,300)
Changes in operating assets and liabilities    
Prepaid expenses and other current assets 311 (11,787)
Unearned passenger revenues 78,377 63,026
Other long-term assets (389) (1,242)
Accounts payable and accrued expenses (16,309) (4,871)
Operating lease liabilities (1,064) (924)
Net cash provided by operating activities 108,529 77,614
Cash Flows From Investing Activities    
Purchases of property and equipment (14,885) (29,159)
Acquisitions (net of cash acquired) 0 (15,582)
Net cash used in investing activities (14,885) (44,741)
Cash Flows From Financing Activities    
Repayments of long-term debt (3) (21)
Payment of deferred financing costs (117) 0
Proceeds from exercise of options 6,603 0
Repurchase under stock-based compensation plans, related tax impacts (4,596) (1,380)
Additional acquisition of redeemable noncontrolling interest (19,760) 0
Noncontrolling interest distributions (604) 0
Net cash used in financing activities (18,477) (1,401)
Effect of exchange rate changes on cash 0 (288)
Net increase in cash, cash equivalents and restricted cash 75,167 31,184
Cash, cash equivalents and restricted cash at beginning of period 289,735 216,143
Cash, cash equivalents and restricted cash at end of period 364,902 247,327
Supplemental disclosures of cash flow information:    
Interest 27,035 24,730
Income taxes 2,360 1,253
Non-cash investing and financing activities:    
Non-cash preferred stock dividend 497 2,426
Non-cash recognition of new leases 1,571 0
Additional paid-in capital exercise proceeds of option shares (933) 0
Additional paid-in capital exchange proceeds used for option shares $ 933 $ 0