| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||
Net loss | |||||||||
-141,514 | 7,532 | -26,680 | 26,924 | 32,688 | 58,956 | 18,057 | 4,852 | 7,117 | 12,968 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
79,254 | 68,027 | 65,743 | 71,618 | 50,848 | 42,848 | 41,495 | 31,298 | 28,081 | - |
Depreciation and amortization | |||||||||
- | - | - | - | - | - | - | - | - | 27,764 |
Deferred income taxes | |||||||||
-28,552 | -59,272 | -2,424 | 12,894 | 16,071 | 21,921 | 15,620 | 3,949 | 8,579 | 8,603 |
(Gain) loss on asset dispositions | |||||||||
-753 | -298 | 3,350 | -339 | -848 | 16,604 | -317 | -302 | 239 | 111 |
Equity in (income) loss of unconsolidated affiliate, net | |||||||||
188 | -385 | 151 | -306 | -96 | -262 | -863 | - | - | - |
Loss on debt extinguishment | |||||||||
- | - | - | - | -29,833 | - | - | - | - | - |
Impairment of assets | |||||||||
109,024 | 368 | 407 | 0 | 10,507 | 1,648 | - | - | - | - |
Inventory valuation reserves | |||||||||
2,230 | 2,410 | 5,179 | 3,231 | - | - | - | - | - | - |
Loss on debt restructuring | |||||||||
- | - | - | - | - | - | - | - | -9,521 | - |
Other | |||||||||
- | - | - | 1,277 | 96 | -427 | 115 | -1,046 | -1,124 | -930 |
Accounts receivable | |||||||||
-3,788 | 28,329 | 351 | -36,579 | 6,758 | 32,123 | 41,567 | 9,637 | -4,744 | -17,019 |
Inventories of spare parts | |||||||||
-4,328 | 6,793 | 5,064 | -1,441 | 2,656 | 5,062 | 8,831 | -2,093 | -2,165 | 3,252 |
Income taxes receivable | |||||||||
-320 | -186 | -220 | -466 | -644 | 1,015 | 1,267 | -212 | -182 | -242 |
Other assets | |||||||||
21,105 | 9,050 | 14,837 | 14,998 | 1,212 | -3,104 | 81,199 | -4,330 | -3,753 | 1,714 |
Accounts payable and accrued liabilities | |||||||||
16,812 | 5,754 | -19,111 | -3,859 | -10,946 | 27,191 | 99,876 | -7,288 | 13,106 | -11,360 |
Other long-term liabilities | |||||||||
-7,502 | -619 | -142 | 254 | -348 | 3,543 | 7,301 | -805 | -1,276 | 4,183 |
Changes in operating assets and liabilities | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Net cash provided by (used in) operating activities | |||||||||
- | - | - | 133,918 | 119,519 | 105,096 | 50,550 | - | - | - |
Net cash (used in) provided by operating activities | |||||||||
17,648 | -19,103 | -564 | - | - | - | - | 30,352 | 76,857 | 55,272 |
Investing activities: | |||||||||
Purchase of property and equipment | |||||||||
43,176 | 56,757 | 81,842 | 57,123 | 157,690 | 102,726 | 128,475 | 91,028 | 98,230 | 57,035 |
Proceeds from asset dispositions | |||||||||
14,245 | 1,296 | 14,983 | 5,236 | 10,266 | 42,197 | 11,302 | 6,852 | 1,171 | 9,217 |
Purchase of short-term investments | |||||||||
284,481 | 637,980 | 321,453 | 608,649 | 465,094 | 375,503 | 216,265 | 234,631 | 450,188 | 47,704 |
Proceeds from sale of short-term investments | |||||||||
334,488 | 862,942 | 316,543 | 505,966 | 363,110 | 338,970 | 249,041 | 282,743 | 375,517 | 14,687 |
Payment of deposit on aircraft | |||||||||
0 | 0 | 2,249 | 1,273 | 6,948 | 9,318 | 8,717 | 13,798 | 3,780 | - |
Refund of deposit on aircraft | |||||||||
- | - | - | 6,010 | 11,506 | 8,161 | 2,500 | 6,000 | - | 11,600 |
Loan to unconsolidated affiliate | |||||||||
274 | 0 | 1,200 | 0 | 200 | - | 975 | - | - | - |
Loan to third party | |||||||||
0 | 824 | 0 | 0 | - | - | - | - | - | - |
Business acquisitions net of cash acquired | |||||||||
0 | 126,644 | 0 | 0 | - | - | - | - | - | - |
Other | |||||||||
- | - | - | - | - | - | 50 | - | - | - |
Net cash (used in) provided by investing activities | |||||||||
- | - | - | -149,833 | -245,050 | -98,219 | -91,639 | - | - | - |
Refund of deposits on aircraft | |||||||||
- | - | - | 6,010 | - | - | - | - | - | 11,600 |
Net cash used in investing activities | |||||||||
20,802 | 42,033 | -75,218 | - | - | - | - | -43,862 | -175,510 | -69,235 |
Financing activities: | |||||||||
Repayment of Senior Notes due 2018 | |||||||||
- | - | - | - | 300,000 | - | - | - | 200,000 | - |
Premium and costs to retire debt early | |||||||||
- | - | - | - | 26,749 | - | - | - | 7,667 | - |
Debt issuance cost | |||||||||
874 | 0 | 0 | - | 6,232 | - | - | - | 5,322 | - |
Proceeds from line of credit | |||||||||
34,295 | 152,150 | 264,700 | 232,660 | 264,253 | 164,771 | 127,323 | 73,865 | 59,287 | 37,750 |
Payments on line of credit | |||||||||
151,795 | 168,650 | 188,200 | 218,160 | 300,253 | 172,526 | 86,615 | 58,892 | 46,518 | 22,445 |
Repurchase of common stock | |||||||||
106 | 256 | 529 | 2,448 | 152 | 1,037 | 1,861 | - | - | - |
Proceeds from Term Loan | |||||||||
130,000 | 0 | 0 | - | 500,000 | - | - | - | 300,000 | - |
Net cash provided by (used in) financing activities | |||||||||
- | - | - | 12,052 | 130,867 | -8,792 | 38,847 | - | - | - |
Net cash provided by financing activities | |||||||||
11,520 | -16,756 | 75,971 | - | - | - | - | 14,973 | 99,780 | 15,305 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||
-176 | 0 | 0 | - | - | - | - | - | - | - |
Decrease in cash, cash equivalents and restricted cash | |||||||||
49,794 | 6,174 | 189 | - | - | - | - | - | - | - |
Increase in cash | |||||||||
- | - | - | -3,863 | 5,336 | -1,915 | -2,242 | 1,463 | 1,127 | 1,342 |
Cash paid during the period for: | |||||||||
Interest | |||||||||
30,828 | 30,517 | 29,169 | - | - | - | - | - | - | - |
Interest | |||||||||
- | - | - | 27,657 | 25,415 | 28,675 | 28,775 | 28,431 | 22,088 | 17,786 |
Income taxes | |||||||||
2,273 | 1,231 | 2,637 | 5,521 | 9,590 | 1,161 | 237 | 212 | 209 | 230 |
Noncash investing activities: | |||||||||
Other current liabilities and accrued payables related to purchase of property and equipment | |||||||||
52 | 42 | 29 | 1,339 | 192 | 176 | 101 | 160 | 352 | 312 |