Allegiant Travel Co ALGT Income Statement

Allegiant travel co (ALGT)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
OPERATING REVENUES:
Revenue from Contract with Customer, Excluding Assessed Tax
378,911	416,977	391,222	454,779	419,977	376,258	355,100	405,572	396,771	341,643	315,308	367,250	347,836	700,978	177,361	189,122	201,606	178,721	170,002	186,311	200,529	172,434	166,893	189,172	203,521	157,618	148,466	165,301	179,933	139,668	133,086	151,648	161,634	127,597	125,545	133,309	128,533	104,188	107,452
Third party products
Air-related charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	127,301	128,713	120,929	108,262	107,554	113,432	105,069	83,256	77,198	85,781	85,454	67,953	66,577	76,514	76,813	62,899	59,915	57,478	55,144	43,866	44,905	45,991	45,316	43,372	43,501
Third party products
15,976	16,456	18,207	18,208	17,141	14,015	15,921	17,799	10,325	13,313	12,348	14,304	12,742	10,458	11,259	11,965	11,258	8,514	9,890	10,976	10,797	8,250	8,051	9,657	10,629	7,297	8,646	10,370	10,717	8,184	9,036	9,782	9,122	6,794	7,842	8,291	6,989	6,730	7,152
Total ancillary revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	138,560	140,678	132,187	116,776	117,444	124,408	115,866	91,506	85,249	95,438	96,083	75,250	75,223	86,884	87,530	71,083	68,951	67,260	64,266	50,660	52,747	54,282	52,305	50,102	50,653
Fixed fee contracts
8,919	22,198	19,797	12,487	10,575	17,286	14,791	7,653	10,556	14,589	11,831	11,029	11,259	9,283	9,183	6,706	6,800	7,753	4,640	2,986	4,368	6,895	4,899	2,963	2,646	5,195	3,985	3,095	5,187	11,375	12,084	9,815	9,631	12,522	9,676	9,470	12,022	8,972	9,903
Other
5,375	5,444	7,283	6,285	3,929	4,555	7,297	5,756	7,792	9,608	10,708	9,261	8,174	8,219	8,377	8,345	8,022	7,639	7,870	8,397	8,478	8,117	7,988	2,968	274	408	1,200	566	309	712	2,743	2,443	2,320	3,158	3,532	3,388	371	359	342
Total operating revenues
409,181	461,075	436,509	491,759	451,622	412,114	393,109	436,780	425,444	379,153	350,195	401,844	380,011	351,995	333,481	344,851	348,615	310,889	299,956	322,102	329,241	278,952	265,029	290,541	302,524	238,471	228,874	255,846	272,959	222,838	216,864	231,166	237,851	193,937	191,500	200,449	193,231	163,621	168,350
OPERATING EXPENSES:
Salary and benefits
112,646	109,859	107,586	113,592	119,411	101,578	97,706	101,645	112,963	94,292	88,788	92,221	96,298	80,789	73,424	68,553	69,208	58,683	58,968	53,598	58,553	47,500	52,109	47,297	46,439	39,676	38,135	39,654	41,162	33,933	32,865	33,229	33,268	29,590	29,517	29,884	30,865	28,442	26,764
Aircraft fuel
88,813	103,575	104,583	119,987	99,682	103,808	113,525	122,454	106,027	92,863	80,421	85,387	84,662	74,363	69,305	60,005	53,659	61,409	68,272	79,087	69,626	79,908	94,864	104,495	108,949	90,796	89,195	97,076	108,491	91,638	89,928	94,218	102,411	80,898	84,118	86,454	79,187	62,495	62,222
Station operations
40,999	43,063	43,522	45,870	38,965	38,754	43,128	41,553	37,584	34,603	37,148	38,998	31,832	27,738	32,252	33,328	30,734	27,526	26,454	24,462	23,852	21,213	21,064	20,157	22,233	19,561	19,114	20,211	19,345	20,655	18,601	19,572	19,529	16,529	17,154	16,553	16,473	16,268	15,493
Depreciation and amortization
43,699	41,740	39,436	38,494	36,182	36,711	34,658	29,833	28,149	29,141	31,894	30,129	30,549	29,254	25,881	25,396	24,685	24,500	24,346	24,904	24,347	23,054	22,174	19,750	18,431	17,374	17,106	17,892	16,892	16,667	15,704	13,162	11,970	11,253	10,676	10,156	9,890	8,779	8,351
Maintenance and repairs
21,795	23,244	24,768	20,877	22,824	23,151	31,983	24,611	19,270	25,871	28,870	28,645	30,095	29,054	26,263	29,261	26,492	22,087	25,369	23,727	21,392	22,192	22,562	21,427	20,600	16,045	18,310	20,335	18,128	19,029	18,311	15,092	21,465	23,806	21,075	20,132	16,215	16,782	14,669
Sales and marketing
18,455	19,853	17,591	20,540	20,926	19,290	16,798	18,348	19,078	15,968	13,884	13,492	13,331	17,854	5,650	5,317	5,808	4,442	4,053	5,753	7,101	6,213	7,808	6,653	7,818	5,951	4,514	5,405	5,808	4,081	4,190	5,491	5,460	4,329	4,919	5,407	5,250	3,908	4,118
Aircraft lease rental
962	0	0	0	0	-22,283	671	75	22,405	1	533	2,400	164	0	472	219	233	233	695	680	718	3,048	1,565	1,903	9,429	5,534	2,025	1,365	303	-	0	0	-	153	303	330	315	489	571
Other
26,717	27,090	26,907	24,294	22,554	-	28,459	24,039	-	24,397	24,315	24,777	19,351	22,818	23,394	18,296	16,670	18,244	14,717	17,135	15,553	17,750	14,016	12,446	11,354	13,252	11,243	11,052	10,463	11,458	8,517	8,534	7,437	7,205	7,007	10,821	7,209	6,978	8,081
Special charges
172,900	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
526,986	368,424	364,393	383,654	360,544	349,026	366,928	362,558	345,476	352,389	305,853	316,049	306,282	281,870	256,641	240,375	227,489	217,124	222,874	229,346	221,142	264,158	236,162	234,128	245,253	208,189	199,642	212,990	220,592	197,461	188,116	189,298	201,540	173,763	174,769	179,737	165,404	144,141	140,269
Operating Income (Loss)
-117,805	92,651	72,116	108,105	91,078	63,088	26,181	74,222	79,968	26,764	44,342	85,795	73,729	70,125	76,840	104,476	121,126	93,765	77,082	92,756	108,099	14,794	28,867	56,413	57,271	30,282	29,232	42,856	52,367	25,377	28,748	41,868	36,311	20,174	16,731	20,712	27,827	19,480	28,081
OTHER (INCOME) EXPENSES:
Interest expense
18,153	18,270	19,506	20,942	18,083	15,648	14,309	13,251	12,908	14,847	10,041	8,889	8,401	7,269	6,938	7,390	7,239	5,980	6,687	7,017	6,826	35,021	-7,097	-3,591	-3,128	16,232	-2,257	-2,294	-2,188	15,268	-2,255	-2,200	-2,074	-1,889	-2,255	-2,235	-796	-596	-655
Capitalized interest
4,067	-	-	-	1,503	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
2,311	2,485	3,335	3,502	3,201	2,967	2,425	1,927	1,907	1,615	1,454	1,475	1,264	907	781	710	612	504	301	542	105	1,446	-106	-234	-205	1,849	-328	-216	-262	1,724	-230	-267	-244	-236	-338	-386	-276	-241	-344
Interest Costs Capitalized
-	-	-903	-1,038	-	-2,121	0	-95	-184	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
-1,222	0	0	0	-3,677	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
76	-	57	86	-	-13	118	50	240	306	400	493	360	255	308	300	363	-43	67	55	-4	263	-101	-75	3	777	-214	-132	-38	155	-92	81	-45	83	-78	-20	6	-106	-33
Other, net
-	-	-	-	103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expenses
-12,921	-14,017	-15,211	-16,316	-17,159	-10,619	-11,766	-11,179	-10,577	-9,738	-8,187	-6,921	-6,777	-6,107	-5,849	-6,380	-6,264	-5,519	-6,319	-6,420	-6,725	-33,312	6,890	3,282	2,926	-13,606	1,715	1,946	1,888	-13,389	1,933	2,014	1,785	1,736	1,839	1,829	526	249	278
INCOME (LOSS) BEFORE INCOME TAXES
-130,726	78,634	56,905	91,789	73,919	52,469	14,415	63,043	69,391	17,026	36,155	78,874	66,952	64,018	70,991	98,096	114,862	88,246	70,763	86,336	101,374	7,678	21,977	53,131	54,345	27,774	27,517	40,910	50,479	23,452	26,815	39,854	34,526	18,438	14,892	18,883	27,301	19,231	27,803
Income Tax Expense (Benefit)
-97,700	18,108	12,976	21,246	16,800	11,023	-732	13,027	14,198	-66,349	12,771	29,836	24,601	21,432	25,538	37,249	42,882	31,536	26,305	31,997	36,551	2,928	7,866	19,764	20,270	10,510	10,520	15,223	18,648	8,810	9,929	14,671	12,823	7,628	5,406	6,934	10,148	6,072	10,241
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-33,009	60,521	43,929	70,543	57,124	41,446	15,147	50,016	55,193	83,375	23,384	49,038	42,351	42,586	45,453	60,847	71,980	56,710	44,458	54,339	64,823	4,750	14,111	33,367	34,075	17,264	16,997	25,687	31,831	14,642	16,886	25,183	21,703	-	9,486	-	-	-	-
Net loss attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-44	-46	-61	-132	-147	-211	-109	-73	-101	-	-59	0	-	-	-	-	-	-	-
NET INCOME ATTRIBUTABLE TO ALLEGIANT TRAVEL COMPANY
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	71,980	56,710	44,458	54,339	64,867	4,796	14,172	33,499	34,222	17,475	17,106	25,760	31,932	14,766	16,945	25,183	21,703	10,810	9,486	11,949	17,153	13,159	17,562
Earnings (loss) per share to common shareholders:
Earnings Per Share, Basic
-2.08	3.72	2.70	4.33	3.52	2.55	0.94	3.10	3.43	5.17	1.45	2.98	2.54	2.58	2.76	3.68	4.29	3.40	2.63	3.19	3.75	0.33	0.80	1.87	1.87	0.93	0.91	1.35	1.66	0.78	0.88	1.31	1.13	0.56	0.50	0.63	0.90	0.68	0.88
Earnings Per Share, Diluted
-2.08	3.71	2.70	4.33	3.52	2.54	0.94	3.10	3.42	5.17	1.45	2.97	2.54	2.57	2.75	3.68	4.29	3.40	2.62	3.18	3.74	0.34	0.80	1.86	1.86	0.92	0.91	1.34	1.65	0.77	0.87	1.30	1.12	0.57	0.49	0.62	0.89	0.67	0.87
Shares used for computation:
Weighted Average Number of Shares Outstanding, Basic
15,952	15,997	16,037	16,063	16,011	15,979	15,957	15,939	15,889	15,860	15,852	16,198	16,382	16,373	16,389	16,420	16,678	16,710	16,831	16,954	17,197	17,368	17,605	17,777	18,166	19,113	18,629	18,921	19,081	19,158	19,116	19,053	18,989	18,960	18,940	18,931	18,909	19,349	19,805
Weighted Average Number of Shares Outstanding, Diluted
15,952	16,043	16,039	16,069	16,013	16,063	15,962	15,945	15,898	15,893	15,862	16,220	16,405	16,409	16,406	16,442	16,699	16,750	16,869	16,992	17,237	17,311	17,704	17,865	18,248	19,158	18,794	19,041	19,207	19,296	19,305	19,303	19,200	19,151	19,128	19,131	19,090	19,569	20,170
Common Stock, Dividends, Per Share, Declared
0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.70	0.30	1.95	0.30	0.25	0.25	2.50	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-