$SKYW
SKYWEST INC Stock $skyw

$skyw Overview Financials Valuation SEC Filings Company Website

2014 Q2 Form 10-Q Financial Statement

#000110465914036393 Filed on May 08, 2014

Income Statement

Concept	2014 Q2	2014 Q1	2013 Q4
Revenue	$816.6M	$772.4M	$804.4M
YoY Change	-2.69%	-3.87%	-0.78%
Cost Of Revenue	$353.7M	$355.0M	$343.3M
YoY Change	-4.48%	-3.56%	-2.89%
Gross Profit	$462.8M	$417.4M	$461.1M
YoY Change	-1.3%	-4.13%	0.85%
Gross Profit Margin	56.68%	54.04%	57.32%
Selling, General & Admin	$310.8M	$317.6M	$306.7M
YoY Change	3.5%	6.79%	4.64%
% of Gross Profit	67.16%	76.09%	66.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$64.25M	$62.32M	$245.0M
YoY Change	5.03%	2.16%	-2.78%
% of Gross Profit	13.88%	14.93%	53.13%
Operating Expenses	$449.6M	$445.2M	$430.2M
YoY Change	7.48%	6.05%	4.04%
Operating Profit	$13.24M	-$27.77M	$30.82M
YoY Change	-73.8%	-278.48%	-29.55%
Interest Expense	$16.14M	$15.68M	-$15.60M
YoY Change	-7.92%	-12.74%	-7.69%
% of Operating Profit	121.85%		-50.62%
Other Income/Expense, Net	-$18.25M	-$15.40M	-$100.0K
YoY Change	8.32%	51.01%	-92.31%
Pretax Income	-$2.894M	-$43.45M	$15.10M
YoY Change	-108.76%	1707.4%	-41.02%
Income Tax	$9.736M	-$20.29M	$6.500M
% Of Pretax Income			43.05%
Net Earnings	-$14.70M	-$22.90M	$8.600M
YoY Change	-171.01%	-815.63%	-38.13%
Net Earnings / Revenue	-1.8%	-2.96%	1.07%
Basic Earnings Per Share	-$0.29	-$0.44	$0.17
Diluted Earnings Per Share	-$0.29	-$0.44	$0.17
COMMON SHARES
Basic Shares Outstanding	51.10M shares	51.47M shares	51.23M shares
Diluted Shares Outstanding	51.18M shares	51.47M shares	52.03M shares

Balance Sheet

Concept	2014 Q2	2014 Q1	2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$454.7M	$530.5M	$657.9M
YoY Change	-29.62%	-13.31%	-4.64%
Cash & Equivalents	$69.79M	$82.60M	$170.6M
Short-Term Investments	$384.9M	$447.9M	$487.2M
Other Short-Term Assets	$18.88M	$18.71M	$27.39M
YoY Change	-96.71%	-19.05%	-10.47%
Inventory	$145.7M	$143.3M	$138.1M
Prepaid Expenses
Receivables	$118.6M	$121.1M	$111.2M
Other Receivables	$1.000M	$6.400M	$800.0K
Total Short-Term Assets	$1.316B	$1.410B	$1.464B
YoY Change	-8.38%	-0.24%	2.12%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.839B	$2.665B	$2.652B
YoY Change	6.02%	-0.52%	-2.18%
Goodwill
YoY Change
Intangibles	$13.87M	$14.44M	$15.00M
YoY Change	-13.96%	-13.48%	-13.04%
Long-Term Investments
YoY Change
Other Assets	$111.3M	$112.6M	$102.0M
YoY Change	1.07%	1.12%	10.44%
Total Long-Term Assets	$2.964B	$2.792B	$2.769B
YoY Change	5.71%	-0.53%	-1.84%
TOTAL ASSETS
Total Short-Term Assets	$1.316B	$1.410B	$1.464B
Total Long-Term Assets	$2.964B	$2.792B	$2.769B
Total Assets	$4.280B	$4.202B	$4.233B
YoY Change	0.94%	-0.44%	-0.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$260.4M	$269.3M	$245.5M
YoY Change	19.69%	18.57%	10.26%
Accrued Expenses	$151.9M	$141.7M	$160.1M
YoY Change	-2.94%	-3.01%	2.3%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$192.4M	$181.4M	$177.4M
YoY Change	11.09%	4.99%	3.46%
Total Short-Term Liabilities	$645.8M	$636.2M	$620.5M
YoY Change	10.22%	8.36%	4.91%
LONG-TERM LIABILITIES
Long-Term Debt	$1.377B	$1.286B	$1.293B
YoY Change	-0.4%	-10.58%	-12.06%
Other Long-Term Liabilities	$73.61M	$73.48M	$76.31M
YoY Change	-49.17%	27.5%	32.88%
Total Long-Term Liabilities	$1.451B	$1.359B	$1.369B
YoY Change	-5.02%	-9.11%	-10.37%
TOTAL LIABILITIES
Total Short-Term Liabilities	$645.8M	$636.2M	$620.5M
Total Long-Term Liabilities	$1.451B	$1.359B	$1.369B
Total Liabilities	$2.097B	$2.793B	$1.990B
YoY Change	-25.88%	34.11%	-6.11%
SHAREHOLDERS EQUITY
Retained Earnings	$1.156B	$1.173B	$1.198B
YoY Change		2.14%	4.42%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$391.4M	$386.0M	$383.0M
YoY Change		3.94%	3.16%
Treasury Stock Shares	26.77M shares	26.34M shares	26.10M shares
Shareholders Equity	$1.388B	$1.409B	$1.435B
YoY Change
Total Liabilities & Shareholders Equity	$4.280B	$4.202B	$4.233B
YoY Change	0.94%	-0.44%	-0.5%

Cashflow Statement

Concept	2014 Q2	2014 Q1	2013 Q4
OPERATING ACTIVITIES
Net Income	-$14.70M	-$22.90M	$8.600M
YoY Change	-171.01%	-815.63%	-38.13%
Depreciation, Depletion And Amortization	$64.25M	$62.32M	$245.0M
YoY Change	5.03%	2.16%	-2.78%
Cash From Operating Activities	$66.80M	-$34.30M	$38.50M
YoY Change	-53.32%	148.55%	-13.68%
INVESTING ACTIVITIES
Capital Expenditures	-$238.8M	-$70.60M	-$37.30M
YoY Change	343.04%	267.71%	41.29%
Acquisitions
YoY Change
Other Investing Activities	$63.70M	$25.10M	-$42.70M
YoY Change	-280.97%	-65.9%	-209.21%
Cash From Investing Activities	-$175.1M	-$45.50M	-$80.00M
YoY Change	96.52%	-183.64%	-734.92%
FINANCING ACTIVITIES
Cash Dividend Paid		$2.054M
YoY Change		-0.15%
Common Stock Issuance & Retirement, Net		$1.222M
YoY Change		-150.04%
Debt Paid & Issued, Net		$32.93M
YoY Change		4.13%
Cash From Financing Activities	95.50M	-8.200M	-55.70M
YoY Change	-268.73%	-73.72%	-7.17%
NET CHANGE
Cash From Operating Activities	66.80M	-34.30M	38.50M
Cash From Investing Activities	-175.1M	-45.50M	-80.00M
Cash From Financing Activities	95.50M	-8.200M	-55.70M
Net Change In Cash	-12.80M	-88.00M	-97.20M
YoY Change	392.31%	-1036.17%	3371.43%
FREE CASH FLOW
Cash From Operating Activities	$66.80M	-$34.30M	$38.50M
Capital Expenditures	-$238.8M	-$70.60M	-$37.30M
Free Cash Flow	$305.6M	$36.30M	$75.80M
YoY Change	55.13%	572.22%	6.76%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2014Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.35	pure
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	82603000	USD
CY2014Q1	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	447908000	USD
CY2014Q1	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	12219000	USD
CY2014Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	6366000	USD
CY2014Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	121130000	USD
CY2014Q1	us-gaap	Airline Related Inventory Net AirlineRelatedInventoryNet	143346000	USD
CY2014Q1	us-gaap	Prepaid Rent PrepaidRent	416847000	USD
CY2014Q1	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	160639000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	170636000	USD
CY2013Q4	us-gaap	Available For Sale Securities Debt Securities Current AvailableForSaleSecuritiesDebtSecuritiesCurrent	487239000	USD
CY2014Q1	us-gaap	Other Assets Current OtherAssetsCurrent	18707000	USD
CY2014Q1	us-gaap	Assets Current AssetsCurrent	1409765000	USD
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	12219000	USD
CY2013Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	840000	USD
CY2013Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	111186000	USD
CY2013Q4	us-gaap	Airline Related Inventory Net AirlineRelatedInventoryNet	138094000	USD
CY2013Q4	us-gaap	Prepaid Rent PrepaidRent	360781000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net Current DeferredTaxAssetsLiabilitiesNetCurrent	156050000	USD
CY2013Q4	us-gaap	Other Assets Current OtherAssetsCurrent	27392000	USD
CY2013Q4	us-gaap	Assets Current AssetsCurrent	1464437000	USD
CY2014Q1	us-gaap	Flight Equipment Gross FlightEquipmentGross	4121304000	USD
CY2014Q1	us-gaap	Deposits On Flight Equipment DepositsOnFlightEquipment	40000000	USD
CY2014Q1	skyw	Buildings And Ground Equipment Gross BuildingsAndGroundEquipmentGross	301870000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4463174000	USD
CY2014Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1797987000	USD
CY2014Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2665187000	USD
CY2013Q4	us-gaap	Flight Equipment Gross FlightEquipmentGross	4080886000	USD
CY2013Q4	us-gaap	Deposits On Flight Equipment DepositsOnFlightEquipment	40000000	USD
CY2013Q4	skyw	Buildings And Ground Equipment Gross BuildingsAndGroundEquipmentGross	279965000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	4400851000	USD
CY2013Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1749058000	USD
CY2013Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2651793000	USD
CY2014Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	112639000	USD
CY2014Q1	skyw	Assets Noncurrent Excluding Property Plant And Equipment AssetsNoncurrentExcludingPropertyPlantAndEquipment	127075000	USD
CY2013Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14998000	USD
CY2013Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	101991000	USD
CY2013Q4	skyw	Assets Noncurrent Excluding Property Plant And Equipment AssetsNoncurrentExcludingPropertyPlantAndEquipment	116989000	USD
CY2013Q4	us-gaap	Assets Assets	4233219000	USD
CY2014Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	181379000	USD
CY2014Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	269306000	USD
CY2014Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	124812000	USD
CY2014Q1	us-gaap	Accrued Rent Current AccruedRentCurrent	3082000	USD
CY2014Q1	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	13825000	USD
CY2014Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	43788000	USD
CY2013Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	177389000	USD
CY2013Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	245518000	USD
CY2013Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	133002000	USD
CY2013Q4	us-gaap	Accrued Rent Current AccruedRentCurrent	7492000	USD
CY2013Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	19626000	USD
CY2013Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	37437000	USD
CY2013Q4	us-gaap	Liabilities Current LiabilitiesCurrent	620464000	USD
CY2014Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	73475000	USD
CY2014Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1285538000	USD
CY2014Q1	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	718048000	USD
CY2014Q1	skyw	Deferred Aircraft Credits DeferredAircraftCredits	79550000	USD
CY2013Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	76305000	USD
CY2013Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1293179000	USD
CY2013Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	727358000	USD
CY2013Q4	skyw	Deferred Aircraft Credits DeferredAircraftCredits	80974000	USD
CY2014Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2014Q1	us-gaap	Preferred Stock Including Additional Paid In Capital PreferredStockIncludingAdditionalPaidInCapital		USD
CY2013Q4	us-gaap	Preferred Stock Including Additional Paid In Capital PreferredStockIncludingAdditionalPaidInCapital		USD
CY2014Q1	us-gaap	Common Stocks Including Additional Paid In Capital CommonStocksIncludingAdditionalPaidInCapital	620800000	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1172867000	USD
CY2014Q1	us-gaap	Treasury Stock Value TreasuryStockValue	386026000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1583000	USD
CY2013Q4	us-gaap	Common Stocks Including Additional Paid In Capital CommonStocksIncludingAdditionalPaidInCapital	618511000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1197819000	USD
CY2013Q4	us-gaap	Treasury Stock Value TreasuryStockValue	382950000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	1559000	USD
CY2014Q1	us-gaap	Stockholders Equity StockholdersEquity	1409224000	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4202027000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	1434939000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4233219000	USD
CY2014Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2014Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	120000000	shares
CY2014Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	77709080	shares
CY2014Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	26337886	shares
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	120000000	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	77325702	shares
CY2013Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	26095636	shares
CY2014Q1	skyw	Revenue From Passengers RevenueFromPassengers	755639000	USD
CY2014Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	16747000	USD
CY2013Q1	skyw	Revenue From Passengers RevenueFromPassengers	785871000	USD
CY2013Q1	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	17616000	USD
CY2014Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	317642000	USD
CY2014Q1	us-gaap	Aircraft Maintenance Materials And Repairs AircraftMaintenanceMaterialsAndRepairs	178262000	USD
CY2014Q1	us-gaap	Aircraft Rental AircraftRental	80335000	USD
CY2014Q1	us-gaap	Fuel Costs FuelCosts	47225000	USD
CY2014Q1	skyw	Station Rentals And Landing Fees StationRentalsAndLandingFees	12194000	USD
CY2014Q1	skyw	Ground Handling Service Expenses GroundHandlingServiceExpenses	37018000	USD
CY2014Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	65168000	USD
CY2013Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	297396000	USD
CY2013Q1	us-gaap	Aircraft Maintenance Materials And Repairs AircraftMaintenanceMaterialsAndRepairs	167156000	USD
CY2013Q1	us-gaap	Aircraft Rental AircraftRental	82589000	USD
CY2013Q1	us-gaap	Fuel Costs FuelCosts	49681000	USD
CY2013Q1	skyw	Station Rentals And Landing Fees StationRentalsAndLandingFees	34088000	USD
CY2013Q1	skyw	Ground Handling Service Expenses GroundHandlingServiceExpenses	34577000	USD
CY2013Q1	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	61438000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-27774000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	15561000	USD
CY2014Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	548000	USD
CY2014Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-273000	USD
CY2014Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-15401000	USD
CY2013Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1727000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-43175000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-20288000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-22887000	USD
CY2013Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	6039000	USD
CY2013Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-10199000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	5362000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2129000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-34295000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	23000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-13836000	USD
CY2014Q1	us-gaap	Payments To Acquire Available For Sale Securities Equity PaymentsToAcquireAvailableForSaleSecuritiesEquity	53440000	USD
CY2014Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	92772000	USD
CY2013Q1	us-gaap	Payments To Acquire Available For Sale Securities Equity PaymentsToAcquireAvailableForSaleSecuritiesEquity	95255000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	182560000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	90000	USD
CY2014Q1	us-gaap	Payments For Flight Equipment PaymentsForFlightEquipment	66728000	USD
CY2014Q1	skyw	Payments To Acquire Buildings And Ground Equipment PaymentsToAcquireBuildingsAndGroundEquipment	3892000	USD
CY2014Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	14257000	USD
CY2013Q1	us-gaap	Payments For Flight Equipment PaymentsForFlightEquipment	17525000	USD
CY2013Q1	skyw	Payments To Acquire Buildings And Ground Equipment PaymentsToAcquireBuildingsAndGroundEquipment	1664000	USD
CY2013Q1	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	13825000	USD
CY2014Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.04
CY2013Q1	us-gaap	Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent	63000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-22864000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3233000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-45545000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	54381000	USD
CY2014Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	32932000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	29281000	USD
CY2014Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1854000	USD
CY2014Q1	skyw	Proceeds From Returns Of Deposits On Aircraft And Rotable Spare Parts ProceedsFromReturnsOfDepositsOnAircraftAndRotableSpareParts	1266000	USD
CY2014Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3076000	USD
CY2014Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	2054000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-8193000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-88033000	USD
CY2014Q1	us-gaap	Interest Paid Net InterestPaidNet	13122000	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2638000	USD
CY2014Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	451000	USD
CY2013Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	196000	USD
CY2013Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	2057000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-31242000	USD
CY2013Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	31627000	USD
CY2013Q1	us-gaap	Interest Paid Net InterestPaidNet	14603000	USD
CY2013Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	388000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	143075000	USD
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	SKYWEST INC
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000793733
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-31
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2014Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	51096095	shares
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1700000	USD
CY2013Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1300000	USD
CY2014Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2945000	shares
CY2013Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3437000	shares
CY2014Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	51467000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	51763000	shares
CY2014Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2013Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	734000	shares
CY2014Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	51467000	shares
CY2013Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	52497000	shares
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.44
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.44
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2014Q1	skyw	Number Of Subsidiaries Representing Operating Segments NumberOfSubsidiariesRepresentingOperatingSegments	2	segment
CY2014Q1	us-gaap	Revenues Revenues	772386000	USD
CY2013Q1	us-gaap	Revenues Revenues	803487000	USD
CY2014Q1	us-gaap	Costs And Expenses CostsAndExpenses	800160000	USD
CY2013Q1	us-gaap	Costs And Expenses CostsAndExpenses	787926000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	62316000	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	61001000	USD
CY2014Q1	us-gaap	Interest Expense InterestExpense	15676000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	17965000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-43450000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2404000	USD
CY2014Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14436000	USD
CY2014Q1	skyw	Operating Leases Number Of Aircraft Leased OperatingLeasesNumberOfAircraftLeased	565	aircraft
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	226066000	USD
CY2013Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	16685000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	340211000	USD
CY2014Q1	us-gaap	Assets Assets	4202027000	USD
CY2013Q1	us-gaap	Assets Assets	4220386000	USD
CY2014Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	73524000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	266343000	USD
CY2013Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	30289000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	197390000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	153304000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	571783000	USD
CY2014Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	1755097000	USD
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare
CY2014Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare

Files In Submission

Name	View Source	Status
0001104659-14-036393-index-headers.html	Edgar Link	pending
0001104659-14-036393-index.html	Edgar Link	pending
0001104659-14-036393.txt	Edgar Link	pending
0001104659-14-036393-xbrl.zip	Edgar Link	pending
a14-8966_110q.htm	Edgar Link	pending
a14-8966_1ex31d1.htm	Edgar Link	pending
a14-8966_1ex31d2.htm	Edgar Link	pending
a14-8966_1ex32d1.htm	Edgar Link	pending
a14-8966_1ex32d2.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
skyw-20140331.xml	Edgar Link	completed
skyw-20140331.xsd	Edgar Link	pending
skyw-20140331_cal.xml	Edgar Link	unprocessable
skyw-20140331_def.xml	Edgar Link	unprocessable
skyw-20140331_lab.xml	Edgar Link	unprocessable
skyw-20140331_pre.xml	Edgar Link	unprocessable

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$SKYW
SKYWEST INC Stock $skyw

2014 Q2 Form 10-Q Financial Statement

#000110465914036393 Filed on May 08, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SKYW SKYWEST INC Stock $skyw

2014 Q2 Form 10-Q Financial Statement

#000110465914036393 Filed on May 08, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SKYW
SKYWEST INC Stock $skyw