SKYWEST INC SKYW Balance Sheet

Skywest inc (SKYW)

Balance Sheet / Yearly

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	Dec'10
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
289	87	307	253	290	328	324	175	251	181	98	143	95	146	49	227	246	203	126	171	91	132	151	69	82	170	267	140	143	133	136	108	98	129	84	139	112
Marketable Securities
288	432	263	295	253	360	380	473	394	503	569	482	482	409	506	276	187	286	429	322	377	415	392	384	447	487	440	505	468	556	583	501	464	497	620	523	670
Restricted cash
-	-	-	-	-	-	-	-	-	-	8	8	8	8	8	8	8	8	11	11	11	11	11	12	12	12	19	19	19	19	19	19	19	19	19	21	21
Income tax receivable
18	11	24	23	21	25	18	11	8	5	-	-	-	6	4	1	2	2	0	1	-	2	-	1	6	0	-	-	-	-	-	0	2	1	4	7	3
Receivables, net
37	82	77	80	78	64	62	71	61	42	40	38	38	46	49	62	80	62	64	71	71	83	92	118	121	111	94	86	135	130	126	139	146	130	133	143	119
Inventories, net
104	110	111	109	112	127	124	118	117	119	121	118	119	118	142	140	140	140	140	139	139	137	150	145	143	138	132	129	119	113	113	114	118	115	113	112	106
Prepaid aircraft rents
-	-	-	-	-	87	89	90	89	115	126	137	147	162	171	182	198	195	402	437	444	196	381	408	416	360	335	362	381	325	301	329	337	285	260	288	256
Deferred tax assets, current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	164	114	102	100	148	151	127	94	132	155	160	156	160	168	121	124	79	79	74	69	64	60	56
Other current assets
30	35	24	17	24	26	53	34	30	26	30	18	24	18	27	12	17	18	34	24	21	16	24	18	18	27	27	23	23	30	31	31	37	31	29	27	32
Total current assets
768	760	810	779	781	1,020	1,052	975	952	995	994	947	916	917	1,124	1,028	984	1,017	1,358	1,331	1,284	1,089	1,337	1,315	1,409	1,464	1,479	1,436	1,413	1,434	1,392	1,323	1,300	1,280	1,329	1,325	1,379
PROPERTY AND EQUIPMENT:
Aircraft and rotable spares
7,203	7,078	6,903	6,817	6,696	6,433	6,229	5,929	5,583	5,335	5,252	5,202	5,002	4,839	5,819	5,528	5,325	5,242	5,193	5,060	4,836	4,608	4,504	4,346	4,121	4,080	4,049	4,029	4,014	3,997	3,992	3,986	3,986	3,973	3,910	3,859	3,836
Deposits on aircraft
48	48	50	50	37	42	27	49	49	49	49	21	27	38	38	38	38	38	34	37	40	40	40	40	40	40	35	24	-	-	-	-	-	-	6	13	0
Buildings and ground equipment
244	265	248	240	270	291	297	285	275	265	246	271	272	261	254	264	260	275	273	282	272	274	283	288	301	279	279	275	272	274	280	294	291	291	287	282	278
Total property and equipment, gross
7,497	7,393	7,203	7,108	7,005	6,767	6,555	6,264	5,908	5,650	5,547	5,496	5,302	5,140	6,112	5,831	5,624	5,556	5,501	5,380	5,149	4,923	4,828	4,674	4,463	4,400	4,364	4,329	4,287	4,272	4,273	4,280	4,277	4,264	4,205	4,155	4,115
Less-accumulated depreciation and amortization
2,103	1,998	1,906	1,817	1,730	1,761	1,680	1,604	1,533	1,467	1,405	1,361	1,374	1,318	2,218	2,173	2,121	2,085	2,029	1,975	1,930	1,902	1,869	1,835	1,797	1,749	1,699	1,651	1,608	1,561	1,525	1,483	1,435	1,380	1,327	1,278	1,172
Total property and equipment, net
5,400	5,394	5,300	5,291	5,274	5,005	4,875	4,659	4,375	4,183	4,142	4,134	3,928	3,821	3,894	3,657	3,502	3,470	3,471	3,405	3,219	3,021	2,958	2,838	2,665	2,651	2,664	2,677	2,679	2,710	2,747	2,797	2,842	2,883	2,877	2,877	2,942
OTHER ASSETS:
Operating lease right-of-use assets
326	336	326	336	341	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net
-	-	-	-	-	-	-	-	-	-	6	7	7	-	8	9	9	10	11	11	12	12	13	13	14	14	15	16	16	17	17	18	18	19	20	20	21
Long-term prepaid assets
-	-	-	-	-	181	189	207	203	230	204	227	232	218	219	250	261	229	-	-	-	201	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
172	166	163	172	146	104	68	71	69	65	42	44	43	49	52	51	54	53	85	90	97	84	88	111	112	101	105	110	111	92	90	99	104	98	109	116	112
Total other assets
498	502	490	509	488	286	257	278	272	296	253	279	283	268	280	311	325	293	96	102	109	299	101	125	127	116	121	126	128	109	108	117	123	117	129	137	134
Total assets
6,661	6,657	6,597	6,580	6,544	6,313	6,184	5,913	5,600	5,474	5,389	5,360	5,128	5,007	5,299	4,996	4,813	4,781	4,926	4,838	4,613	4,409	4,397	4,279	4,202	4,233	4,265	4,240	4,220	4,254	4,248	4,238	4,265	4,281	4,336	4,339	4,456
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Current maturities of long-term debt
364	364	362	345	362	350	357	353	335	309	303	306	293	305	300	276	274	268	264	263	232	211	202	192	181	177	174	173	172	171	175	205	203	208	199	160	159
Accounts payable
407	284	328	321	340	331	320	291	290	288	276	265	263	241	248	256	261	279	265	278	270	270	252	260	269	245	231	217	227	222	225	231	240	220	236	233	216
Accrued salaries, wages and benefits
112	133	129	127	118	161	150	160	145	154	149	146	133	139	140	143	131	138	134	138	133	138	133	131	124	133	126	125	117	121	119	117	110	112	105	110	112
Current maturities of operating lease liabilities
88	94	87	81	73	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued aircraft rents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	3	4	-	2	3	-	3	2	2	3	7	8	11	11	12	13	18	18	22	19	24	16
Taxes other than income taxes
14	15	18	16	13	16	21	16	16	19	23	17	15	15	24	18	15	17	22	20	15	17	23	18	13	19	20	19	16	22	22	18	17	21	24	22	25
Income tax payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	0	1	0	-	-	-	-	-	-
Other current liabilities
32	32	34	35	36	65	63	56	50	48	45	44	44	45	45	43	42	44	43	40	45	42	45	41	43	37	41	37	40	39	43	38	43	38	40	35	42
Total current liabilities
1,019	924	961	927	945	924	913	878	837	820	799	779	750	747	759	740	729	748	734	744	697	684	659	645	636	620	604	585	587	591	600	630	634	624	625	585	572
LONG-TERM DEBT, net of current maturities
2,537	2,628	2,622	2,719	2,734	2,809	2,751	2,615	2,440	2,377	2,380	2,452	2,321	2,240	1,924	1,762	1,664	1,659	1,842	1,800	1,676	1,533	1,467	1,377	1,285	1,293	1,349	1,382	1,437	1,470	1,526	1,525	1,577	1,606	1,626	1,658	1,738
DEFERRED INCOME TAXES PAYABLE
633	623	596	569	541	518	493	459	434	419	640	609	581	565	882	805	768	749	772	754	710	669	718	717	718	727	725	715	657	657	603	589	573	567	573	568	569
DEFERRED AIRCRAFT CREDITS
-	-	-	-	-	29	34	36	37	44	46	48	51	53	55	57	60	62	64	67	69	72	74	77	79	80	83	85	88	90	92	94	96	98	100	103	107
NONCURRENT OPERATING LEASE LIABILITIES
259	259	254	265	275	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OTHER LONG-TERM LIABILITIES
48	45	46	46	48	66	62	62	62	58	46	47	50	50	52	52	54	56	50	48	48	49	47	73	73	76	75	59	57	57	54	48	48	50	51	51	46
COMMITMENTS AND CONTINGENCIES (Note 7)
-	-	-	-	-	-	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:
Preferred stock, 5,000,000 shares authorized; none issued
-	-	-	-	-	-	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, no par value, 120,000,000 shares authorized; 82,053,807 and 81,742,937 shares issued, respectively
690	686	684	680	692	690	688	682	679	672	668	664	662	657	657	649	645	641	635	631	628	626	624	621	620	618	617	614	613	609	606	603	602	598	597	593	589
Retained earnings
2,090	2,079	2,012	1,927	1,845	1,776	1,714	1,636	1,566	1,516	1,231	1,181	1,135	1,103	1,376	1,337	1,300	1,275	1,236	1,202	1,173	1,165	1,195	1,156	1,172	1,197	1,191	1,166	1,148	1,147	1,135	1,116	1,101	1,104	1,124	1,126	1,139
Treasury stock, at cost, 31,913,635 and 31,420,179 shares, respectively
617	590	580	555	537	503	473	458	458	435	424	423	423	410	410	410	410	410	410	410	391	391	391	391	386	382	382	371	371	371	371	371	371	370	365	349	309
Accumulated other comprehensive loss
-	-	-	-	-	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	-0	0	-0	0	1	1	1	1	1	1	1	1	1	1	1	2	2	1
Total stockholders' equity
2,163	2,175	2,116	2,052	2,000	1,964	1,928	1,860	1,787	1,754	1,475	1,422	1,373	1,350	1,624	1,577	1,535	1,506	1,461	1,423	1,410	1,400	1,429	1,388	1,409	1,434	1,427	1,411	1,392	1,387	1,372	1,350	1,334	1,334	1,358	1,372	1,420
Total liabilities and stockholders' equity
6,661	6,657	6,597	6,580	6,544	6,313	6,184	5,913	5,600	5,474	5,389	5,360	5,128	5,007	5,299	4,996	4,813	4,781	4,926	4,838	4,613	4,409	4,397	4,279	4,202	4,233	4,265	4,240	4,220	4,254	4,248	4,238	4,265	4,281	4,336	4,339	4,456