2013 Q2 Form 10-Q Financial Statement

#000136298813000011 Filed on August 06, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q4 2012 Q2
Revenue $170.4M $192.0M $170.4M
YoY Change 0.0% 8.71% -1.05%
Cost Of Revenue $6.138M $5.243M
YoY Change 17.07% 55.62%
Gross Profit $164.2M $165.1M
YoY Change -0.54% -2.18%
Gross Profit Margin 96.4% 96.92%
Selling, General & Admin $13.18M $11.51M
YoY Change 14.52% -0.58%
% of Gross Profit 8.03% 6.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $72.08M $67.10M
YoY Change 7.43% 14.55%
% of Gross Profit 43.89% 40.63%
Operating Expenses $158.1M $11.51M
YoY Change 1273.08% -0.58%
Operating Profit $6.185M $153.6M
YoY Change -95.97% -2.3%
Interest Expense $66.86M $64.12M
YoY Change 4.27% 14.72%
% of Operating Profit 1080.94% 41.74%
Other Income/Expense, Net $24.26M $3.572M
YoY Change 579.26% -66.37%
Pretax Income $791.0K $357.0K
YoY Change 121.57% -8.23%
Income Tax $3.732M $1.346M
% Of Pretax Income 471.81% 377.03%
Net Earnings $32.85M $48.42M $32.85M
YoY Change 0.0% 62.55% 101.26%
Net Earnings / Revenue 19.28% 25.22% 19.28%
Basic Earnings Per Share $0.00 $0.60 $0.48
Diluted Earnings Per Share $0.00 $0.60 $0.48
COMMON SHARES
Basic Shares Outstanding 67.83M shares 69.74M shares 71.72M shares
Diluted Shares Outstanding 67.83M shares 71.72M shares

Balance Sheet

Concept 2013 Q2 2012 Q4 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $430.3M $618.2M $291.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $6.025M $5.625M $3.129M
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $5.684B $5.812B $5.402B
YoY Change 5.24% 11.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $4.212B $4.397B $3.934B
YoY Change 7.06% 15.1%
SHAREHOLDERS EQUITY
Retained Earnings $214.0M $180.7M $218.7M
YoY Change -2.13% -5.64%
Common Stock $1.355B $1.361B $1.401B
YoY Change -3.31% -2.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.416B
YoY Change
Total Liabilities & Shareholders Equity $5.684B $5.812B $5.402B
YoY Change 5.24% 11.25%

Cashflow Statement

Concept 2013 Q2 2012 Q4 2012 Q2
OPERATING ACTIVITIES
Net Income $32.85M $48.42M $32.85M
YoY Change 0.0% 62.55% 101.26%
Depreciation, Depletion And Amortization $72.08M $67.10M
YoY Change 7.43% 14.55%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $111.7M
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q2 ayr Accelerated Amortization Of Deferred Losses
AcceleratedAmortizationOfDeferredLosses
2027000 USD
CY2012Q2 ayr Accelerated Amortization Of Deferred Losses
AcceleratedAmortizationOfDeferredLosses
0 USD
ayr Accelerated Amortization Of Deferred Losses
AcceleratedAmortizationOfDeferredLosses
0 USD
ayr Accelerated Amortization Of Deferred Losses
AcceleratedAmortizationOfDeferredLosses
2027000 USD
ayr Aggregate Percentage Of Weighted Average Shares
AggregatePercentageOfWeightedAverageShares
1.0000
ayr Aggregate Percentage Of Weighted Average Shares
AggregatePercentageOfWeightedAverageShares
1.0000
CY2012Q2 ayr Aggregate Percentage Of Weighted Average Shares
AggregatePercentageOfWeightedAverageShares
1
CY2013Q2 ayr Aggregate Percentage Of Weighted Average Shares
AggregatePercentageOfWeightedAverageShares
1
CY2012Q2 ayr Amortization Of Net Lease Discounts And Lease Incentives
AmortizationOfNetLeaseDiscountsAndLeaseIncentives
-2044000 USD
ayr Amortization Of Net Lease Discounts And Lease Incentives
AmortizationOfNetLeaseDiscountsAndLeaseIncentives
-446000 USD
ayr Amortization Of Net Lease Discounts And Lease Incentives
AmortizationOfNetLeaseDiscountsAndLeaseIncentives
15790000 USD
CY2013Q2 ayr Amortization Of Net Lease Discounts And Lease Incentives
AmortizationOfNetLeaseDiscountsAndLeaseIncentives
8709000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
1476000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
4052000 USD
ayr Percentage Of Weighted Average Participating Restricted Common Shares
PercentageOfWeightedAverageParticipatingRestrictedCommonShares
0.0074
CY2013Q2 ayr Elimination Of Securities In Consolidation
EliminationOfSecuritiesInConsolidation
278978000 USD
CY2013Q2 ayr Entity Wide Revenue Major Customer Number
EntityWideRevenueMajorCustomerNumber
1 Lessee
ayr Entity Wide Revenue Major Customer Number
EntityWideRevenueMajorCustomerNumber
1 Lessee
CY2012Q2 ayr Entity Wide Revenue Major Customer Number
EntityWideRevenueMajorCustomerNumber
1 Lessee
ayr Entity Wide Revenue Major Customer Number
EntityWideRevenueMajorCustomerNumber
1 Lessee
CY2013Q2 ayr Expense Expected To Be Charged Against Earnings For Eca Financing Hedge Instruments
ExpenseExpectedToBeChargedAgainstEarningsForEcaFinancingHedgeInstruments
6166000 USD
CY2013Q2 ayr Expense Expected To Be Charged Against Earnings For Term Financing No1 Hedge Instruments Terminated In2012
ExpenseExpectedToBeChargedAgainstEarningsForTermFinancingNo1HedgeInstrumentsTerminatedIn2012
16899000 USD
CY2013Q2 ayr Expense Expected To Be Charged Against Earnings Over Next12 Months To Record Deferred Gains And Losses For Other Financing Hedge Instruments
ExpenseExpectedToBeChargedAgainstEarningsOverNext12MonthsToRecordDeferredGainsAndLossesForOtherFinancingHedgeInstruments
1344000 USD
CY2013Q2 ayr Expense Expected To Be Charged Against Earnings Over Next12 Months To Record Deferred Gains And Losses For Term Financing No1 Hedge Instruments Terminated In2008
ExpenseExpectedToBeChargedAgainstEarningsOverNext12MonthsToRecordDeferredGainsAndLossesForTermFinancingNo1HedgeInstrumentsTerminatedIn2008
1373000 USD
CY2013Q2 ayr Future Maximum Notional Amount Of Interest Rate Derivatives
FutureMaximumNotionalAmountOfInterestRateDerivatives
843131000 USD
CY2012Q2 ayr Gross Amount Of Operating Interest Expense
GrossAmountOfOperatingInterestExpense
64524000 USD
ayr Gross Amount Of Operating Interest Expense
GrossAmountOfOperatingInterestExpense
126284000 USD
CY2013Q2 ayr Gross Amount Of Operating Interest Expense
GrossAmountOfOperatingInterestExpense
66856000 USD
ayr Gross Amount Of Operating Interest Expense
GrossAmountOfOperatingInterestExpense
114761000 USD
CY2012Q2 ayr Impairment Charge For Aircraft That Were Sold For Less Than Book Value And Returned Early
ImpairmentChargeForAircraftThatWereSoldForLessThanBookValueAndReturnedEarly
10111000 USD
CY2013Q2 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
-50823000 USD
CY2012Q2 ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
-48798000 USD
ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
-99414000 USD
ayr Interest Expense Debt Settlement Of Derivatives And Other Liabilities
InterestExpenseDebtSettlementOfDerivativesAndOtherLiabilities
-93767000 USD
CY2013Q2 ayr Interest Rate Derivatives Amortization
InterestRateDerivativesAmortization
9711000 USD
ayr Interest Rate Derivatives Amortization
InterestRateDerivativesAmortization
17985000 USD
CY2012Q2 ayr Interest Rate Derivatives Amortization
InterestRateDerivativesAmortization
8866000 USD
ayr Interest Rate Derivatives Amortization
InterestRateDerivativesAmortization
12937000 USD
CY2012Q2 ayr Interest Rate Derivatives Amounts Charged To Interest Expense
InterestRateDerivativesAmountsChargedToInterestExpense
10751000 USD
CY2013Q2 ayr Interest Rate Derivatives Amounts Charged To Interest Expense
InterestRateDerivativesAmountsChargedToInterestExpense
9687000 USD
ayr Interest Rate Derivatives Amounts Charged To Interest Expense
InterestRateDerivativesAmountsChargedToInterestExpense
13303000 USD
ayr Interest Rate Derivatives Amounts Charged To Interest Expense
InterestRateDerivativesAmountsChargedToInterestExpense
18089000 USD
ayr Interest Rate Derivatives Amounts Charged To Other Income Expense
InterestRateDerivativesAmountsChargedToOtherIncomeExpense
2872000 USD
CY2013Q2 ayr Interest Rate Derivatives Amounts Charged To Other Income Expense
InterestRateDerivativesAmountsChargedToOtherIncomeExpense
1657000 USD
CY2012Q2 ayr Interest Rate Derivatives Amounts Charged To Other Income Expense
InterestRateDerivativesAmountsChargedToOtherIncomeExpense
712000 USD
ayr Interest Rate Derivatives Amounts Charged To Other Income Expense
InterestRateDerivativesAmountsChargedToOtherIncomeExpense
599000 USD
ayr Interest Rate Derivatives Deferred Gain Or Loss Expected To Be Amortized In Next Twelve Months
InterestRateDerivativesDeferredGainOrLossExpectedToBeAmortizedInNextTwelveMonths
25782000 USD
ayr Interest Rate Designated Derivatives Deferred Gain Or Loss Expected To Be Amortized In Next Twelve Months
InterestRateDesignatedDerivativesDeferredGainOrLossExpectedToBeAmortizedInNextTwelveMonths
1678000 USD
CY2012Q4 ayr Lease Discounts Net Of Amortization
LeaseDiscountsNetOfAmortization
-596000 USD
CY2013Q2 ayr Lease Discounts Net Of Amortization
LeaseDiscountsNetOfAmortization
-1199000 USD
CY2012Q4 ayr Lease Incentives And Lease Premiums Accumulated Amortization
LeaseIncentivesAndLeasePremiumsAccumulatedAmortization
26902000 USD
CY2013Q2 ayr Lease Incentives And Lease Premiums Accumulated Amortization
LeaseIncentivesAndLeasePremiumsAccumulatedAmortization
32833000 USD
CY2013Q2 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
75696000 USD
CY2012Q4 ayr Lease Incentives And Lease Premiums Net
LeaseIncentivesAndLeasePremiumsNet
62822000 USD
CY2012Q2 ayr Lease Rentals
LeaseRentals
170159000 USD
ayr Lease Rentals
LeaseRentals
333450000 USD
ayr Lease Rentals
LeaseRentals
336767000 USD
CY2013Q2 ayr Lease Rentals
LeaseRentals
166508000 USD
CY2012Q4 ayr Liquidity Facility
LiquidityFacility
107000000 USD
CY2013Q2 ayr Liquidity Facility
LiquidityFacility
107000000 USD
CY2013Q2 ayr Loan Termination Fee
LoanTerminationFee
2954000 USD
CY2013Q2 ayr Maintenance Payments
MaintenancePayments
400162000 USD
CY2012Q4 ayr Maintenance Payments
MaintenancePayments
379391000 USD
CY2012Q2 ayr Maintenance Revenue From Aircraft That Were Sold For Less Than Book Value And Returned Early
MaintenanceRevenueFromAircraftThatWereSoldForLessThanBookValueAndReturnedEarly
2447000 USD
CY2012Q2 ayr Maintenance Revenue From Danish Lessee
MaintenanceRevenueFromDanishLessee
7656000 USD
ayr Maintenance Revenue From Terminated Leases And Scheduled Lease Expirations
MaintenanceRevenueFromTerminatedLeasesAndScheduledLeaseExpirations
9019000 USD
ayr Mark To Market Gains Losses On Undesignated Hedges
MarkToMarketGainsLossesOnUndesignatedHedges
599000 USD
CY2012Q2 ayr Mark To Market Gains Losses On Undesignated Hedges
MarkToMarketGainsLossesOnUndesignatedHedges
712000 USD
CY2013Q2 ayr Mark To Market Gains Losses On Undesignated Hedges
MarkToMarketGainsLossesOnUndesignatedHedges
1657000 USD
ayr Mark To Market Gains Losses On Undesignated Hedges
MarkToMarketGainsLossesOnUndesignatedHedges
2872000 USD
CY2013Q2 ayr Net Interest Settlements On Active Interest Rate Derivatives After Tax
NetInterestSettlementsOnActiveInterestRateDerivativesAfterTax
4443000 USD
ayr Net Interest Settlements On Active Interest Rate Derivatives After Tax
NetInterestSettlementsOnActiveInterestRateDerivativesAfterTax
8994000 USD
ayr Net Settlements On Cash Fow Hedges Before Tax
NetSettlementsOnCashFowHedgesBeforeTax
9241000 USD
ayr Number Of767300 Er Aircraft Impaired During Period
NumberOf767300ErAircraftImpairedDuringPeriod
1 Aircraft
CY2013Q2 ayr Number Of Aircraft Sold With Accelerated Amortization Of Hedge Losses
NumberOfAircraftSoldWithAcceleratedAmortizationOfHedgeLosses
2 Aircraft
ayr Number Of Aircrafts
NumberOfAircrafts
18 Aircraft
ayr Number Of Aircrafts Transferred To Historical Cost Basis
NumberOfAircraftsTransferredToHistoricalCostBasis
11 Aircraft
CY2012Q2 ayr Number Of Boeing Aircraft Impaired During Period
NumberOfBoeingAircraftImpairedDuringPeriod
2 Aircraft
ayr Number Of Consolidated Variable Interest Entities
NumberOfConsolidatedVariableInterestEntities
8 Entity
CY2012Q2 ayr Number Of Impaired757200 Aircraft
NumberOfImpaired757200Aircraft
1 Aircraft
CY2012Q2 ayr Number Of Impaired767300 Er Aircraft
NumberOfImpaired767300ErAircraft
1 Aircraft
ayr Number Of Impaired A319100 Aircraft
NumberOfImpairedA319100Aircraft
1 Aircraft
CY2013Q2 ayr Number Of Irish Variable Interest Entities
NumberOfIrishVariableInterestEntities
2 Entity
CY2012Q2 ayr Number Of Lessees With5 Of Lease Rental Revenue
NumberOfLesseesWith5OfLeaseRentalRevenue
4 Lessee
ayr Number Of Lessees With5 Of Lease Rental Revenue
NumberOfLesseesWith5OfLeaseRentalRevenue
4 Lessee
ayr Number Of Lessees With5 Of Lease Rental Revenue
NumberOfLesseesWith5OfLeaseRentalRevenue
4 Lessee
CY2013Q2 ayr Number Of Lessees With5 Of Lease Rental Revenue
NumberOfLesseesWith5OfLeaseRentalRevenue
4 Lessee
ayr Number Of New Airbuses
NumberOfNewAirbuses
11 Aircraft
CY2012Q4 ayr Number Of Offlease747400 Bdsf Aircraft Being Marketed For Lease Or Sale
NumberOfOfflease747400BdsfAircraftBeingMarketedForLeaseOrSale
1 Aircraft
CY2012Q4 ayr Number Of Offlease767300 Er Aircraft Being Marketed For Lease Or Sale
NumberOfOfflease767300ErAircraftBeingMarketedForLeaseOrSale
1 Aircraft
ayr Number Of Outstanding Term Loan
NumberOfOutstandingTermLoan
8 Term_Loan
CY2013Q2 ayr Number Of Repaid Term Financing Loans
NumberOfRepaidTermFinancingLoans
2 Term_Loan
ayr Number Of Subsidiaries In Securitization No2
NumberOfSubsidiariesInSecuritizationNo2
2 Subsidiary
CY2011Q2 ayr Number Of Vie Eca Loans Repaid
NumberOfVieEcaLoansRepaid
1 Term_Loan
CY2013Q2 ayr Number Of Vie Eca Loans Repaid
NumberOfVieEcaLoansRepaid
2 Term_Loan
CY2013Q2 ayr Numberof Airbus A320200
NumberofAirbusA320200
2 Aircraft
CY2013Q2 ayr Numberof Boeing737800aircraftacquired
NumberofBoeing737800aircraftacquired
2 Aircraft
CY2013Q2 ayr Numberoffixedrateloansassumed
Numberoffixedrateloansassumed
1 Bankfinancings
CY2013Q2 ayr Numberofvariablerateloansassumed
Numberofvariablerateloansassumed
3 Bankfinancings
CY2013Q2 ayr Operating Leases Percentage Revenue
OperatingLeasesPercentageRevenue
0.10
ayr Operating Leases Percentage Revenue
OperatingLeasesPercentageRevenue
0.10
ayr Operating Leases Percentage Revenue
OperatingLeasesPercentageRevenue
0.10
CY2012Q2 ayr Operating Leases Percentage Revenue
OperatingLeasesPercentageRevenue
0.10
ayr Other Revenue From Terminated Leases And Scheduled Lease Expirations
OtherRevenueFromTerminatedLeasesAndScheduledLeaseExpirations
876000 USD
ayr Payments For Maintenance Payments Returned
PaymentsForMaintenancePaymentsReturned
27020000 USD
ayr Payments For Maintenance Payments Returned
PaymentsForMaintenancePaymentsReturned
30655000 USD
CY2012Q2 ayr Percentage Of Geographic Concentration Of Lease Rental Revenue
PercentageOfGeographicConcentrationOfLeaseRentalRevenue
1.00
CY2013Q2 ayr Percentage Of Geographic Concentration Of Lease Rental Revenue
PercentageOfGeographicConcentrationOfLeaseRentalRevenue
1.00
ayr Percentage Of Geographic Concentration Of Lease Rental Revenue
PercentageOfGeographicConcentrationOfLeaseRentalRevenue
1.00
ayr Percentage Of Geographic Concentration Of Lease Rental Revenue
PercentageOfGeographicConcentrationOfLeaseRentalRevenue
1.00
CY2012Q4 ayr Percentage Of Geographic Concentration Of Property Subject To Or Available For Operating Lease
PercentageOfGeographicConcentrationOfPropertySubjectToOrAvailableForOperatingLease
1.00
CY2013Q2 ayr Percentage Of Geographic Concentration Of Property Subject To Or Available For Operating Lease
PercentageOfGeographicConcentrationOfPropertySubjectToOrAvailableForOperatingLease
1.00
ayr Percentage Of Weighted Average Common Shares Outstanding
PercentageOfWeightedAverageCommonSharesOutstanding
0.9926
ayr Percentage Of Weighted Average Common Shares Outstanding
PercentageOfWeightedAverageCommonSharesOutstanding
0.9916
CY2013Q2 ayr Percentage Of Weighted Average Common Shares Outstanding
PercentageOfWeightedAverageCommonSharesOutstanding
0.9908
CY2012Q2 ayr Percentage Of Weighted Average Common Shares Outstanding
PercentageOfWeightedAverageCommonSharesOutstanding
0.9919
CY2013Q2 ayr Percentage Of Weighted Average Participating Restricted Common Shares
PercentageOfWeightedAverageParticipatingRestrictedCommonShares
0.0092
ayr Percentage Of Weighted Average Participating Restricted Common Shares
PercentageOfWeightedAverageParticipatingRestrictedCommonShares
0.0084
CY2012Q2 ayr Percentage Of Weighted Average Participating Restricted Common Shares
PercentageOfWeightedAverageParticipatingRestrictedCommonShares
0.0081
ayr Period Of Term Loan
PeriodOfTermLoan
P12Y
ayr Proceeds From Maintenance Payments
ProceedsFromMaintenancePayments
87772000 USD
ayr Proceeds From Maintenance Payments
ProceedsFromMaintenancePayments
62496000 USD
CY2013Q2 ayr Property Subject To Or Available For Operating Lease Percentage Each Major Country
PropertySubjectToOrAvailableForOperatingLeasePercentageEachMajorCountry
0.10
ayr Reclassification From Other Comprehensive Income Into Interest Expense
ReclassificationFromOtherComprehensiveIncomeIntoInterestExpense
17240000 USD
ayr Reclassification From Other Comprehensive Income Into Interest Expense For Undesignated Derivatives
ReclassificationFromOtherComprehensiveIncomeIntoInterestExpenseForUndesignatedDerivatives
745000 USD
CY2012Q2 ayr Reclassification From Other Comprehensive Income Into Interest Expense For Undesignated Derivatives
ReclassificationFromOtherComprehensiveIncomeIntoInterestExpenseForUndesignatedDerivatives
0 USD
CY2013Q2 ayr Reclassification From Other Comprehensive Income Into Interest Expense For Undesignated Derivatives
ReclassificationFromOtherComprehensiveIncomeIntoInterestExpenseForUndesignatedDerivatives
404000 USD
ayr Reclassification From Other Comprehensive Income Into Interest Expense For Undesignated Derivatives
ReclassificationFromOtherComprehensiveIncomeIntoInterestExpenseForUndesignatedDerivatives
0 USD
ayr Restricted Cash And Cash Equivalents Related To Security Deposits And Maintenance Payments
RestrictedCashAndCashEquivalentsRelatedToSecurityDepositsAndMaintenancePayments
-81664000 USD
ayr Restricted Cash And Cash Equivalents Related To Security Deposits And Maintenance Payments
RestrictedCashAndCashEquivalentsRelatedToSecurityDepositsAndMaintenancePayments
104887000 USD
CY2012Q4 ayr Restricted Liquidity Facility Collateral
RestrictedLiquidityFacilityCollateral
107000000 USD
CY2013Q2 ayr Restricted Liquidity Facility Collateral
RestrictedLiquidityFacilityCollateral
107000000 USD
ayr Restricted Secured Liquidity Facility Collateral
RestrictedSecuredLiquidityFacilityCollateral
0 USD
ayr Restricted Secured Liquidity Facility Collateral
RestrictedSecuredLiquidityFacilityCollateral
-3000000 USD
ayr Secured Liquidity Facility Collateral
SecuredLiquidityFacilityCollateral
0 USD
ayr Secured Liquidity Facility Collateral
SecuredLiquidityFacilityCollateral
-3000000 USD
CY2013Q2 ayr Total Weighted Average Shares
TotalWeightedAverageShares
68460287 shares
ayr Total Weighted Average Shares
TotalWeightedAverageShares
68370801 shares
ayr Total Weighted Average Shares
TotalWeightedAverageShares
72319577 shares
CY2013Q2 ayr Totalnumberofloansassumed
Totalnumberofloansassumed
4 Bankfinancings
ayr Security Deposits And Maintenance Payments Included In Earnings
SecurityDepositsAndMaintenancePaymentsIncludedInEarnings
25538000 USD
ayr Security Deposits And Maintenance Payments Included In Earnings
SecurityDepositsAndMaintenancePaymentsIncludedInEarnings
25818000 USD
ayr Security Deposits Maintenance Liabilities And Other Liabilities Settled In Sale Of Flight Equipment
SecurityDepositsMaintenanceLiabilitiesAndOtherLiabilitiesSettledInSaleOfFlightEquipment
4135000 USD
ayr Security Deposits Maintenance Liabilities And Other Liabilities Settled In Sale Of Flight Equipment
SecurityDepositsMaintenanceLiabilitiesAndOtherLiabilitiesSettledInSaleOfFlightEquipment
35475000 USD
ayr Tax Expense From Amount Reclassified From Accumulated Other Comprehensive Income Into Income
TaxExpenseFromAmountReclassifiedFromAccumulatedOtherComprehensiveIncomeIntoIncome
247000 USD
CY2013Q2 ayr Tax Expense From Amount Reclassified From Accumulated Other Comprehensive Income Into Income
TaxExpenseFromAmountReclassifiedFromAccumulatedOtherComprehensiveIncomeIntoIncome
122000 USD
CY2013Q2 ayr Tax Expense From Amount Recognized In Other Comprehensive Income Related To Derivatives
TaxExpenseFromAmountRecognizedInOtherComprehensiveIncomeRelatedToDerivatives
71000 USD
ayr Tax Expense From Amount Recognized In Other Comprehensive Income Related To Derivatives
TaxExpenseFromAmountRecognizedInOtherComprehensiveIncomeRelatedToDerivatives
64000 USD
CY2013Q3 ayr Termoflineofcreditfacility
Termoflineofcreditfacility
P3Y
ayr Total Number Of Aircraft Impaired During Period
TotalNumberOfAircraftImpairedDuringPeriod
2 Aircraft
CY2012Q2 ayr Total Weighted Average Shares
TotalWeightedAverageShares
72312177 shares
ayr Type Of Term Loans
TypeOfTermLoans
11 Term_Loan
CY2013Q2 ayr Variable Interest Entity Consolidated Debt Outstanding
VariableInterestEntityConsolidatedDebtOutstanding
515034000 USD
CY2013Q2 ayr Variable Interest Entity Consolidated Flight Equipment Held For Lease Net
VariableInterestEntityConsolidatedFlightEquipmentHeldForLeaseNet
585646000 USD
ayr Variable Interest Entity Limitation Of Third Party Risk To Dividend Per Share
VariableInterestEntityLimitationOfThirdPartyRiskToDividendPerShare
2
ayr Variable Interest Entity Ownership Percentage By Third Party
VariableInterestEntityOwnershipPercentageByThirdParty
0.95
CY2013Q2 ayr Weighted Average Interest Pay Rate Of Derivatives
WeightedAverageInterestPayRateOfDerivatives
0.0297
CY2012Q4 ayr Weighted Average Interest Pay Rate Of Derivatives
WeightedAverageInterestPayRateOfDerivatives
0.0291
CY2012Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
21507000 USD
CY2013Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
27223000 USD
CY2013Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
6025000 USD
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
5625000 USD
CY2013Q2 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
56480000 USD
CY2012Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
54146000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-126290000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-96352000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-114190000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1360555000 USD
CY2013Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1354135000 USD
CY2012Q4 us-gaap Advance Rent
AdvanceRent
53189000 USD
CY2013Q2 us-gaap Advance Rent
AdvanceRent
45011000 USD
CY2012Q2 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
8866000 USD
us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
12937000 USD
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-9000 USD
CY2013Q2 us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
7280000 USD
CY2013Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
6346000 USD
CY2012Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4975000 USD
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Depreciation Depletion And Amortization
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us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Proposed Accounting Pronouncements </font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">In May 2013, the FASB issued re-exposure draft, &#8220;Leases&#8221; (the &#8220;Lease Re-ED&#8221;), which would replace the existing guidance in the Accounting Standards Codification (&#8220;ASC&#8221;) 840 (&#8220;ASC 840&#8221;), </font><font style="font-family:inherit;font-size:10.5pt;font-style:italic;">Leases</font><font style="font-family:inherit;font-size:10.5pt;">. The FASB decided that leases would be classified as either leases of property (Type B) or leases of assets other than property (Type A). Leases of property will continue to use operating lease accounting. Leases of other than property would use the receivable residual approach. Under the receivable residual approach, a lease receivable would be recognized for the lessor's right to receive lease payments, a portion of the carrying amount of the underlying asset would be allocated between the right of use granted to the lessee and the lessor's residual value and profit or loss would only be recognized at commencement if it is reasonably assured. The comment period for the Lease Re-ED ends September 13, 2013. We anticipate that the final standard may have an effective date no earlier than 2017. When and if the proposed guidance becomes effective, it may have a significant impact on the Company's consolidated financial statements. Although we believe the presentation of our financial statements, and those of our lessees could change, we do not believe the accounting pronouncement will change the fundamental economic reasons for which the airlines lease aircraft. Therefore, we do not believe it will have a material impact on our business.</font></div></div>
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us-gaap Loans Assumed1
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us-gaap Loans Assumed1
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us-gaap Loss On Cash Flow Hedge Ineffectiveness
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us-gaap Maintenance Revenue
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Income Loss Available To Common Stockholders Basic
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55502000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2013Q2 us-gaap Unsecured Debt
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us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;text-indent:32px;font-size:10.5pt;"><font style="font-family:inherit;font-size:10.5pt;">The preparation of financial statements in conformity with US&#160;GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. While Aircastle believes that the estimates and related assumptions used in the preparation of the consolidated financial statements are appropriate, actual results could differ from those estimates.</font></div></div>
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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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dei Document Fiscal Year Focus
DocumentFiscalYearFocus
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dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001362988
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
80780299 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Aircastle LTD

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