SKYWEST INC SKYW Income Statement

Skywest inc (SKYW)

Income statement / TTM

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:
Total operating revenues
2,978	2,971	3,031	3,100	3,161	3,221	3,189	3,172	3,158	3,122	3,051	3,038	3,048	3,063	3,115	3,110	3,097	3,095	3,156	3,197	3,225	3,237	3,227	3,244	3,266	3,297	3,304	3,318	3,416	3,534	3,623	3,713	3,710	3,654	3,441	3,136	0	0	0
Passenger
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,047	3,043	3,031	3,030	3,089	3,127	3,154	3,168	3,162	3,183	3,209	3,239	3,244	3,256	3,351	3,467	3,555	3,643	3,642	3,584	3,377	3,083	0	0	0
Ground handling and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	66	65	65	67	69	70	69	65	60	57	58	59	62	65	66	67	70	67	70	64	52	0	0	0
OPERATING EXPENSES:
Salaries, wages and benefits
993	1,001	1,052	1,102	1,152	1,201	1,197	1,200	1,201	1,192	1,186	1,188	1,197	1,205	1,213	1,211	1,206	1,203	1,219	1,231	1,243	1,258	1,250	1,242	1,231	1,211	1,197	1,187	1,178	1,171	1,168	1,160	1,159	1,155	1,050	935	0	0	0
Aircraft maintenance, materials and repairs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	567	571	585	604	634	647	662	682	680	697	697	686	664	651	647	659	694	720	729	712	650	571	0	0	0
Depreciation and amortization
389	368	361	354	346	334	323	311	300	292	290	288	287	284	276	271	266	264	264	263	263	259	254	249	246	245	244	245	248	251	255	255	255	254	249	244	0	0	0
Aircraft rentals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	272	274	270	273	279	284	295	305	312	320	323	325	327	329	331	333	336	340	345	346	338	327	0	0	0
Aircraft fuel
-	-	-	-	-	-	-	-	-	-	-	-	-	-	118	117	116	118	129	146	173	193	201	202	191	193	200	221	328	426	516	605	613	592	535	460	0	0	0
Ground handling services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	73	76	79	82	86	98	110	123	131	130	131	129	130	127	124	125	124	126	129	131	126	123	0	0	0
Station rentals and landing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	114	136	152	160	169	177	178	176	174	162	147	0	0	0
Special items
-	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Special charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition related costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	0	0	0	-	-
Other operating expenses
250	243	250	260	267	272	267	263	256	250	214	226	243	255	309	310	310	313	258	261	264	263	302	280	255	239	236	236	236	229	230	233	235	240	219	196	0	0	0
Total operating expenses
2,496	2,459	2,523	2,600	2,679	2,747	2,743	2,752	2,758	2,734	3,161	3,174	3,206	3,236	2,831	2,833	2,834	2,861	2,994	3,053	3,138	3,212	3,152	3,171	3,156	3,144	3,138	3,153	3,255	3,368	3,506	3,624	3,648	3,613	3,337	3,009	0	0	0
OPERATING INCOME
482	512	508	499	482	474	445	420	400	388	-109	-135	-158	-172	283	276	262	234	162	143	86	24	75	72	109	153	166	164	161	165	117	89	61	41	104	126	0	0	0
OTHER INCOME (EXPENSE):
Interest income
12	14	14	12	10	8	6	5	5	4	4	3	2	2	1	1	1	1	2	4	4	4	4	2	2	3	5	6	7	7	7	8	8	8	9	11	0	0	0
Interest expense
125	127	130	130	126	120	112	108	106	104	101	93	85	78	75	75	75	75	73	70	68	65	64	64	66	68	71	73	75	77	78	79	79	80	81	83	0	0	0
Other income (expense), net
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase accounting adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Other, net
-	-	0	0	-	-	0	0	-	-	-	-	-6	-0	-72	-71	0	-	0	0	-	20	20	1	4	10	9	-0	-0	-10	-14	-14	-16	-13	-8	-4	0	0	0
Total other income (expense), net
-111	-65	-69	-69	-68	-107	-103	-100	0	-	0	0	-	-	-	-	-	-	-	-	-43	-41	-40	-61	-59	-54	-57	-67	-68	-80	-84	-91	-94	-91	-87	-77	0	0	0
INCOME BEFORE INCOME TAXES
370	446	439	430	413	366	343	320	302	288	-206	-226	-240	-248	243	236	222	194	92	100	43	-16	35	11	49	98	108	97	92	85	32	-2	-32	-50	16	49	0	0	0
PROVISION FOR INCOME TAXES
89	106	104	104	99	85	-159	-153	-145	-140	-75	-82	-87	-87	94	92	87	76	42	46	34	7	22	13	17	39	44	38	37	34	13	-0	-15	-22	0	14	0	0	0
NET INCOME
281	340	334	326	314	280	503	473	448	428	-131	-143	-153	-161	149	144	135	117	49	54	8	-24	12	-2	32	58	64	58	55	51	19	-1	-16	-27	16	34	0	0	0
BASIC EARNINGS PER SHARE (in dollars per share)
0.60	1.45	1.80	1.72	1.71	1.29	1.60	1.46	1.05	5.59	1.04	0.98	0.67	-5.25	0.80	0.78	0.53	0.79	0.72	0.61	0.19	-0.55	0.81	-0.29	-0.44	0.17	0.51	0.40	0.06	0.27	0.41	0.33	-0.01	-0.34	0.00	0.03	-0.21	0.46	0.33
DILUTED EARNINGS PER SHARE (in dollars per share)
0.59	1.43	1.79	1.71	1.69	1.27	1.57	1.43	1.03	5.47	1.01	0.95	0.65	-5.22	0.79	0.77	0.52	0.77	0.71	0.61	0.18	-0.53	0.79	-0.29	-0.44	0.17	0.50	0.39	0.06	0.27	0.40	0.33	-0.01	-0.34	0.00	0.03	-0.21	0.45	0.33
Weighted average common shares:
Basic (in shares)
50	50	50	51	51	51	52	52	51	51	51	51	51	51	51	51	51	50	50	51	51	50	51	51	51	51	51	51	51	51	51	50	50	50	51	52	53	55	55
Diluted (in shares)
50	50	51	51	52	52	52	52	53	53	53	52	53	49	52	52	52	51	51	51	52	50	52	51	51	52	52	52	52	52	52	51	50	49	52	53	53	56	56
Dividends declared per share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	0.04	0.04	-	0.04	0.04	0.04	-	0.04	0.04	0.04	-	0.04	0.04	0.04	0.04	0.04
COMPREHENSIVE INCOME:
Net income
281	340	334	326	314	280	503	473	448	428	-131	-143	-153	-161	149	144	135	117	49	54	8	-24	12	-2	32	58	64	58	55	51	19	-1	-16	-27	16	0	0	0	-
Proportionate share of equity method investee foreign currency translation adjustment, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-0	-1	-0	-0	-0	0	0	0	-	-
Net unrealized appreciation on marketable securities, net of taxes
-	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	-	-
TOTAL COMPREHENSIVE INCOME
281	340	334	326	314	280	503	473	448	428	-131	-143	-153	-161	149	144	135	117	49	52	6	-26	11	-2	32	59	64	57	54	51	18	-1	-16	-27	0	0	0	-	-
Flying agreements
Total operating revenues
2,898	2,889	2,956	3,033	3,101	3,169	3,138	3,123	3,111	3,078	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Airport customer service and other
Total operating revenues
79	82	75	67	60	52	50	49	47	44	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease, airport services and other
Total operating revenues
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aircraft maintenance, materials and repairs
Total operating revenues
556	514	509	517	532	556	569	576	588	579	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aircraft rentals
Total operating revenues
-	-	0	0	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
0	-	-	-	0	-	-	-	202	215	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Airport related expenses
Other operating expenses
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
118	118	117	115	110	109	124	121	115	118	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Aircraft fuel
Other operating expenses
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
118	119	118	117	116	117	94	94	93	85	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-