Air transport services group, inc. (ATSG)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Assets, Current [Abstract]
Cash, Cash Equivalents, and Short-term Investments

71,063

46,201

46,833

54,784

49,407

59,322

43,462

31,704

47,472

32,699

53,891

63,020

27,631

16,358

47,186

25,242

39,834

17,697

14,861

22,182

20,612

30,560

33,442

23,763

27,102

31,699

16,864

20,932

35,142

15,442

28,213

47,527

51,683

30,503

28,779

37,895

46,543

Accounts Receivable, after Allowance for Credit Loss, Current

166,993

162,870

135,907

128,514

133,995

147,755

93,662

100,805

100,186

109,114

65,563

75,303

83,981

77,247

66,285

51,510

57,865

57,986

39,160

36,663

44,591

43,513

36,392

57,126

50,827

52,247

45,680

43,840

43,153

47,858

41,043

39,817

35,530

42,278

42,360

48,009

40,876

Inventory

43,278

37,397

32,776

36,477

32,750

33,536

24,412

24,147

22,256

22,169

17,282

16,412

18,454

19,925

14,054

14,713

13,513

12,963

11,901

10,709

10,313

10,665

11,936

9,777

10,608

9,050

8,952

8,491

9,446

9,430

9,440

8,657

8,974

8,906

8,685

7,460

7,205

Prepaid supplies and other

26,027

20,323

18,018

19,092

23,225

18,608

15,698

13,017

13,426

20,521

23,699

23,918

24,481

19,123

15,571

12,167

10,477

12,660

13,552

10,583

9,274

12,613

12,023

12,810

12,754

9,730

11,075

7,584

7,306

8,855

9,716

7,777

7,695

9,785

10,667

11,474

10,132

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,770

19,770

19,770

-

13,957

13,957

13,957

13,957

19,154

19,154

19,154

19,154

17,418

17,418

17,418

31,548

11,977

12,879

12,879

Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

665

-

923

1,015

2,487

2,995

2,491

2,716

2,952

3,360

4,400

5,474

7,247

9,831

-

-

0

Assets, Current

307,361

266,791

233,534

238,867

239,377

259,221

177,234

169,673

183,340

184,503

160,435

178,653

154,547

132,653

143,096

103,632

121,689

101,306

99,244

99,907

105,225

97,351

108,673

118,448

117,735

119,678

104,216

102,717

117,153

104,099

110,230

126,670

128,547

132,851

102,468

117,717

117,635

Property, Plant and Equipment, Net

1,835,176

1,766,020

1,707,332

1,650,612

1,569,840

1,555,005

1,226,500

1,200,997

1,176,520

1,159,962

1,111,201

1,074,239

1,057,877

1,000,992

960,998

934,219

914,838

875,401

868,897

859,482

857,450

847,268

850,715

809,810

817,441

838,172

848,550

855,954

860,144

818,924

802,291

778,113

775,802

748,913

742,233

728,030

658,756

Lease incentive

141,821

146,678

151,271

155,605

159,629

63,780

68,006

72,232

76,458

80,684

84,910

-

-

54,730

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

62,189

68,733

67,711

67,285

76,301

57,220

37,618

30,573

30,852

25,435

24,435

86,526

82,799

25,369

72,720

75,240

25,294

26,285

26,810

26,904

26,776

28,230

29,288

38,214

36,761

21,143

21,427

20,419

19,794

20,462

20,351

19,558

18,154

18,579

19,902

20,346

25,227

Hedging Assets, Noncurrent

-

-

-

-

-

-

-

-

-

-

60,605

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill and acquired intangibles

524,795

527,654

530,512

533,371

536,229

535,359

43,710

43,999

44,287

44,577

45,317

45,455

45,588

45,586

38,518

38,589

76,245

38,729

38,799

38,870

38,940

39,010

-

-

-

39,291

-

-

-

-

-

-

-

-

-

-

-

Operating lease assets

48,698

44,302

54,473

57,576

50,586

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible note hedge fair value

-

-

-

-

-

-

0

0

56,046

53,683

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension assets, net of obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,895

18,862

16,887

14,855

-

-

-

0

-

-

-

-

-

-

-

Intangible Assets, Net (Excluding Goodwill)

128,821

131,680

134,538

137,397

140,255

144,614

6,431

6,720

7,008

7,298

8,038

8,176

8,315

8,453

4,123

4,194

-

4,334

-

-

-

-

4,685

4,755

4,826

-

4,958

5,021

5,083

5,146

5,653

5,938

6,333

6,396

6,458

8,850

9,259

Goodwill

395,974

395,974

395,974

395,974

395,974

390,745

37,279

37,279

37,279

37,279

37,279

37,279

37,273

37,133

-

-

-

34,395

34,395

34,395

34,395

-

34,395

34,395

34,395

34,395

86,980

86,980

86,980

86,980

86,980

86,980

86,980

86,980

86,980

89,777

89,777

Assets

2,920,040

2,820,178

2,744,833

2,703,316

2,631,962

2,470,585

1,553,068

1,517,474

1,567,503

1,548,844

1,486,903

1,384,873

1,340,811

1,259,330

1,215,332

1,151,680

1,138,066

1,041,721

1,033,750

1,025,163

1,028,391

1,011,859

1,048,651

1,024,484

1,028,045

1,033,139

1,066,131

1,071,091

1,089,154

1,035,611

1,025,505

1,017,259

1,015,816

993,719

958,041

964,720

900,654

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable

136,781

141,094

132,508

122,092

117,408

109,843

101,205

85,691

96,041

99,728

75,820

77,945

76,269

60,704

57,831

40,755

42,473

44,417

50,018

39,316

36,339

40,608

29,803

33,971

30,361

34,818

32,988

39,455

35,752

36,521

48,018

37,165

43,679

48,360

50,698

61,854

40,558

Accrued salaries, wages and benefits

49,328

59,429

50,080

49,068

40,258

50,932

31,416

34,189

29,436

40,127

30,260

30,963

27,032

37,044

27,338

24,254

24,461

27,454

25,229

20,485

22,383

25,633

26,219

21,061

23,400

23,163

22,936

18,893

21,524

22,917

23,673

20,645

22,337

23,226

24,824

25,460

24,145

Accrued expenses

19,716

17,586

15,656

14,212

11,821

19,623

11,387

10,833

10,259

10,455

10,745

9,902

9,553

10,324

8,959

8,858

8,298

8,107

7,872

8,022

8,412

8,201

9,390

10,121

9,497

9,695

8,258

8,797

9,183

8,502

9,026

10,287

9,841

10,291

11,894

12,334

12,144

Current portion of debt obligations

13,773

14,707

43,451

39,236

34,707

29,654

14,860

14,860

14,846

18,512

19,247

20,133

26,531

29,306

35,268

41,637

37,734

33,740

29,565

24,672

24,507

24,344

24,184

24,027

23,873

23,721

23,572

23,426

23,282

21,265

19,251

17,239

15,230

13,223

13,085

12,131

36,591

Operating Lease, Liability, Current

13,340

12,857

14,794

15,770

16,558

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned revenue

20,863

17,566

20,153

18,637

21,381

19,082

15,204

15,022

12,765

15,850

29,186

22,480

25,233

18,407

13,151

12,081

11,991

12,963

14,051

12,812

9,850

12,914

11,692

9,487

8,887

8,733

9,771

10,408

10,580

10,311

10,636

11,071

12,283

12,487

11,935

12,525

10,794

Liabilities, Current

253,801

263,239

276,642

259,015

242,133

229,134

174,072

160,595

163,347

184,672

165,258

161,423

164,618

155,785

142,547

127,585

124,957

126,681

126,735

105,307

101,491

111,700

101,288

98,667

96,018

100,130

97,525

100,979

100,321

99,516

110,604

96,407

103,370

107,587

112,436

124,304

124,232

Long term debt

1,546,867

1,469,677

1,408,086

1,402,782

1,373,426

1,371,598

527,226

505,853

515,595

497,246

473,924

508,152

481,886

429,415

413,865

323,461

333,766

283,918

279,782

290,781

312,011

319,750

347,447

328,103

350,718

360,794

368,331

365,330

386,791

343,216

338,604

345,956

353,273

333,681

323,055

303,395

265,937

Note conversion obligation fair value

-

-

-

-

-

-

0

0

56,881

54,359

61,230

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Post-retirement obligations

33,021

36,744

54,066

59,738

62,233

64,485

29,355

53,032

56,771

61,355

72,876

71,866

74,674

77,713

97,646

104,316

106,001

108,194

78,323

86,102

88,915

92,050

24,833

29,985

30,207

30,638

149,326

169,858

179,487

185,097

160,873

180,286

183,895

185,562

101,862

110,442

116,614

Operating Lease, Liability, Noncurrent

34,642

30,334

38,541

40,573

32,631

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

50,324

49,293

53,410

50,882

44,875

51,905

46,334

45,417

44,276

45,353

48,039

50,143

51,294

52,542

62,309

61,777

63,935

61,913

56,950

59,266

59,735

57,647

56,653

64,134

62,243

62,740

61,592

60,592

61,634

62,104

63,781

63,281

64,261

54,212

57,991

57,590

52,048

Warrant liability

265,104

383,073

308,074

401,441

372,476

203,782

186,093

203,426

214,205

211,136

229,965

177,850

97,831

89,441

65,977

57,128

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

136,978

127,476

125,018

118,076

113,374

113,243

119,289

113,571

107,930

99,444

143,337

135,506

129,425

122,532

109,827

109,358

100,965

96,858

120,632

115,985

108,820

83,223

123,890

118,335

113,273

109,869

62,066

56,806

52,062

46,422

47,610

40,140

32,815

42,530

47,475

49,433

39,746

Liabilities

2,320,737

2,359,836

2,263,837

2,332,507

2,241,148

2,034,147

1,082,369

1,081,894

1,159,005

1,153,565

1,194,629

1,104,940

999,728

927,428

892,171

783,625

729,624

677,564

662,422

657,441

670,972

664,370

654,111

639,224

652,459

664,171

738,840

753,565

780,295

736,355

721,472

726,070

737,614

723,572

-

-

598,577

Commitments and contingencies (Note I)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' Equity Attributable to Parent [Abstract]
Preferred stock, 20,000,000 shares authorized, including 75,000 Series A Junior Participating Preferred Stock

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, par value $0.01 per share; 150,000,000 shares authorized; 59,623,195 and 59,329,431 shares issued and outstanding in 2020 and 2019, respectively

596

593

594

594

594

591

591

591

591

591

591

591

596

595

596

635

641

641

645

650

651

649

649

649

649

646

647

647

646

641

642

643

643

640

641

642

637

Additional paid-in capital

476,423

475,720

474,915

473,053

471,245

471,158

470,676

469,412

467,570

471,456

471,950

432,510

441,300

443,416

448,833

497,750

551,914

518,259

521,107

525,104

526,832

526,669

526,845

526,023

525,347

524,953

524,554

523,706

523,069

523,087

523,035

522,427

521,366

520,613

520,152

519,290

518,925

Retained earnings

183,400

45,895

86,085

-19,243

7,358

56,051

60,381

27,278

2,644

-13,748

-108,865

-75,981

-22,255

-32,243

-33,775

-35,938

-47,513

-55,731

-70,499

-77,060

-87,844

-96,953

-100,664

-110,571

-120,080

-126,813

-83,972

-91,772

-98,685

-107,185

-119,198

-130,568

-141,627

-148,059

-160,990

-156,188

-171,251

Accumulated Other Comprehensive Income (Loss), Net of Tax

-61,116

-61,866

-80,598

-83,595

-88,383

-91,362

-60,949

-61,701

-62,307

-63,020

-71,402

-77,187

-78,558

-79,866

-92,493

-94,392

-96,600

-99,012

-79,925

-80,972

-82,220

-82,876

-32,290

-30,841

-30,330

-29,818

-113,938

-115,055

-116,171

-117,287

-100,446

-101,313

-102,180

-103,047

-44,581

-44,188

-46,234

Stockholders' Equity Attributable to Parent

599,303

460,342

480,996

370,809

390,814

436,438

470,699

435,580

408,498

395,279

292,274

279,933

341,083

331,902

323,161

368,055

408,442

364,157

371,328

367,722

357,419

347,489

394,540

385,260

375,586

368,968

327,291

317,526

308,859

299,256

304,033

291,189

278,202

270,147

315,222

319,556

302,077

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

2,920,040

2,820,178

2,744,833

2,703,316

2,631,962

2,470,585

1,553,068

1,517,474

1,567,503

1,548,844

1,486,903

1,384,873

1,340,811

1,259,330

1,215,332

1,151,680

1,138,066

1,041,721

1,033,750

1,025,163

1,028,391

1,011,859

1,048,651

1,024,484

1,028,045

1,033,139

1,066,131

1,071,091

1,089,154

1,035,611

1,025,505

1,017,259

1,015,816

993,719

958,041

964,720

900,654