Skywest inc (SKYW)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
OPERATING REVENUES:
Total operating revenues

2,971

3,221

3,122

3,063

3,095

3,237

3,297

3,534

3,654

2,765

2,613

Passenger

-

-

-

-

3,030

3,168

3,239

3,467

3,584

2,724

2,582

Ground handling and other

-

-

-

-

65

69

58

66

70

40

31

OPERATING EXPENSES:
Salaries, wages and benefits

1,001

1,201

1,192

1,205

1,203

1,258

1,211

1,171

1,155

764

698

Aircraft maintenance, materials and repairs

-

-

-

-

604

682

686

659

712

487

436

Depreciation and amortization

368

334

292

284

264

259

245

251

254

236

221

Aircraft rentals

-

-

-

-

273

305

325

333

346

311

300

Aircraft fuel

-

-

-

-

118

193

193

426

592

340

390

Ground handling services

-

-

-

-

82

123

129

125

131

110

95

Station rentals and landing fees

-

-

-

-

-

51

114

169

174

129

116

Special items

21

-

-

465

-

74

-

-

-

-

-

Acquisition related costs

-

-

-

-

-

-

-

-

5

8

-

Other operating expenses

243

272

250

255

313

263

239

229

240

173

141

Total operating expenses

2,459

2,747

2,734

3,236

2,861

3,212

3,144

3,368

3,613

2,563

2,401

OPERATING INCOME

512

474

388

-172

234

24

153

165

41

201

212

OTHER INCOME (EXPENSE):
Interest income

14

8

4

2

1

4

3

7

8

14

11

Interest expense

127

120

104

78

75

65

68

77

80

86

86

Purchase accounting adjustment

-

-

-

-

-

-

-

-

-5

15

-

Impairment on marketable securities

-

-

-

-

-

-

-

-

-

-

-7

Other, net

47

3

0

-0

33

20

10

-10

-13

0

1

Total other income (expense), net

-65

-107

-100

-76

-40

-41

-54

-80

-91

-55

-80

INCOME BEFORE INCOME TAXES

446

366

288

-248

194

-16

98

85

-50

145

131

PROVISION FOR INCOME TAXES

106

85

-140

-87

76

7

39

34

-22

49

48

NET INCOME

340

280

428

-161

117

-24

58

51

-27

96

83

BASIC EARNINGS PER SHARE (in dollars per share)

6.68

5.40

8.28

-3.14

2.31

-0.47

1.14

1.00

-0.52

1.73

1.50

DILUTED EARNINGS PER SHARE (in dollars per share)

6.62

5.30

8.08

-3.14

2.27

-0.47

1.12

0.99

-0.52

1.70

1.47

Weighted average common shares:
Basic (in shares)

50

51

51

51

51

51

51

51

52

55

55

Diluted (in shares)

51

52

53

51

51

51

52

51

52

56

56

COMPREHENSIVE INCOME:
Net income

340

280

428

-161

117

-24

58

51

-27

96

83

Proportionate share of equity method investee foreign currency translation adjustment, net of taxes

-

-

-

-

-

-1

0

-0

-0

0

-

Net unrealized appreciation on marketable securities, net of taxes

0

0

0

0

0

-0

-0

0

0

-0

-

TOTAL COMPREHENSIVE INCOME

340

280

428

-161

117

-26

59

51

-27

96

-

Flying agreements
Total operating revenues

2,889

3,169

3,078

3,010

-

-

-

-

-

-

-

Airport customer service and other
Total operating revenues

82

52

44

52

-

-

-

-

-

-

-

Aircraft maintenance, materials and repairs
Total operating revenues

514

556

579

569

-

-

-

-

-

-

-

Airport related expenses
Total operating expenses

118

109

118

122

-

-

-

-

-

-

-

Aircraft fuel
Total operating expenses

119

117

85

70

-

-

-

-

-

-

-

Aircraft rentals
Total operating expenses

71

154

215

262

-

-

-

-

-

-

-