v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
CURRENT ASSETS:    
Cash and cash equivalents $ 71,751 $ 122,673
Marketable securities 497,177 584,236
Receivables, net 180,979 159,803
Inventories, net 205,064 168,547
Other current assets 55,645 55,935
Total current assets 1,010,616 1,091,194
PROPERTY AND EQUIPMENT:    
Aircraft and rotable spares 9,750,084 9,302,510
Deposits on aircraft 94,155 100,000
Buildings, ground equipment and other 346,112 328,401
Total property and equipment, gross 10,190,351 9,730,911
Less-accumulated depreciation and amortization (4,129,637) (3,887,943)
Total property and equipment, net 6,060,714 5,842,968
OTHER ASSETS:    
Operating lease right-of-use assets 83,476 81,943
Long-term receivables and other assets 353,940 370,144
Total other assets 437,416 452,087
Total assets 7,508,746 7,386,249
CURRENT LIABILITIES:    
Current maturities of long-term debt 645,911 546,812
Accounts payable and accrued liabilities 711,956 633,633
Accrued salaries, wages and benefits 233,108 240,954
Current maturities of operating lease liabilities 22,015 19,629
Taxes other than income taxes 27,543 22,694
Other current liabilities 114,465 203,886
Total current liabilities 1,754,998 1,667,608
LONG-TERM DEBT, net of current maturities 1,718,949 1,845,272
DEFERRED INCOME TAXES PAYABLE 993,439 910,731
NONCURRENT OPERATING LEASE LIABILITIES 62,117 62,314
OTHER LONG-TERM LIABILITIES 169,137 153,891
COMMITMENTS AND CONTINGENCIES (Note 7)
STOCKHOLDERS' EQUITY:    
Preferred stock, 5,000,000 shares authorized; none issued
Common stock, no par value, 120,000,000 shares authorized; 85,395,863 and 84,270,723 shares issued as of September 30, 2026 and December 31, 2025, respectively 813,340 798,470
Retained earnings 3,344,422 3,022,507
Treasury stock, at cost, 47,183,273 and 44,399,241 shares as of September 30, 2026 and December 31, 2025, respectively (1,346,790) (1,074,822)
Accumulated other comprehensive income (loss) (866) 278
Total stockholders' equity 2,810,106 2,746,433
Total liabilities and stockholders' equity $ 7,508,746 $ 7,386,249