2020 Q3 Form 10-Q Financial Statement
#000155837020012862 Filed on November 05, 2020
Income Statement
Concept | 2020 Q3 | 2019 Q3 | 2019 Q2 |
---|---|---|---|
Revenue | $457.5M | $760.3M | $744.4M |
YoY Change | -39.83% | -5.61% | -10.24% |
Cost Of Revenue | $382.9M | $613.9M | $600.3M |
YoY Change | -37.62% | -11.21% | -11.57% |
Gross Profit | $74.55M | $146.4M | $144.1M |
YoY Change | -49.09% | 28.27% | -4.22% |
Gross Profit Margin | 16.3% | 19.26% | 19.36% |
Selling, General & Admin | $194.5M | $251.4M | $243.8M |
YoY Change | -22.63% | -16.59% | -16.99% |
% of Gross Profit | 260.89% | 171.67% | 169.2% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $121.5M | $92.80M | $90.15M |
YoY Change | 30.9% | 7.79% | 8.99% |
% of Gross Profit | 162.93% | 63.37% | 62.56% |
Operating Expenses | $382.9M | $403.8M | $395.9M |
YoY Change | -5.17% | -11.52% | -11.15% |
Operating Profit | $74.55M | $146.4M | $144.1M |
YoY Change | -49.09% | 15.6% | 4.47% |
Interest Expense | $30.15M | $31.61M | $32.77M |
YoY Change | -4.61% | 0.53% | 13.74% |
% of Operating Profit | 40.44% | 21.58% | 22.74% |
Other Income/Expense, Net | -$28.34M | -$27.70M | -$28.76M |
YoY Change | 2.31% | -1.06% | 1.44% |
Pretax Income | $46.21M | $118.7M | $115.3M |
YoY Change | -61.08% | 8.02% | 17.3% |
Income Tax | $12.55M | $27.40M | $27.28M |
% Of Pretax Income | 27.16% | 23.08% | 23.66% |
Net Earnings | $33.70M | $91.30M | $88.10M |
YoY Change | -63.09% | 10.0% | 16.07% |
Net Earnings / Revenue | 7.37% | 12.01% | 11.84% |
Basic Earnings Per Share | $0.67 | $1.80 | $1.72 |
Diluted Earnings Per Share | $0.66 | $1.79 | $1.71 |
COMMON SHARES | |||
Basic Shares Outstanding | 50.18M | 50.75M | 51.15M |
Diluted Shares Outstanding | 50.62M | 51.13M | 51.48M |
Balance Sheet
Concept | 2020 Q3 | 2019 Q3 | 2019 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $822.0M | $571.5M | $549.6M |
YoY Change | 43.84% | -18.91% | -15.33% |
Cash & Equivalents | $418.2M | $307.9M | $253.7M |
Short-Term Investments | $403.8M | $263.6M | $295.9M |
Other Short-Term Assets | $26.46M | $24.93M | $17.22M |
YoY Change | 6.13% | -82.54% | -86.22% |
Inventory | $92.40M | $111.9M | $109.8M |
Prepaid Expenses | |||
Receivables | $32.90M | $77.50M | $80.20M |
Other Receivables | $3.500M | $24.50M | $23.10M |
Total Short-Term Assets | $977.3M | $810.4M | $779.9M |
YoY Change | 20.59% | -22.97% | -20.02% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.200B | $5.300B | $5.291B |
YoY Change | -1.89% | 8.71% | 13.56% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $25.10M | ||
YoY Change | |||
Other Assets | $277.1M | $163.9M | $172.3M |
YoY Change | 69.11% | -36.36% | -38.16% |
Total Long-Term Assets | $5.781B | $5.787B | $5.800B |
YoY Change | -0.1% | 12.75% | 17.46% |
TOTAL ASSETS | |||
Total Short-Term Assets | $977.3M | $810.4M | $779.9M |
Total Long-Term Assets | $5.781B | $5.787B | $5.800B |
Total Assets | $6.759B | $6.598B | $6.580B |
YoY Change | 2.44% | 6.67% | 11.28% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $244.0M | $328.9M | $321.2M |
YoY Change | -25.79% | 2.64% | 10.39% |
Accrued Expenses | $230.5M | $235.7M | $225.8M |
YoY Change | -2.21% | 36.64% | 27.43% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $360.3M | $362.6M | $345.3M |
YoY Change | -0.63% | 1.48% | -2.39% |
Total Short-Term Liabilities | $859.9M | $961.5M | $927.3M |
YoY Change | -10.57% | 5.27% | 5.55% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $2.708B | $2.622B | $2.719B |
YoY Change | 3.26% | -4.7% | 3.95% |
Other Long-Term Liabilities | $145.0M | $46.47M | $46.45M |
YoY Change | 212.13% | -52.24% | -52.75% |
Total Long-Term Liabilities | $2.853B | $2.669B | $2.765B |
YoY Change | 6.9% | -6.33% | 1.9% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $859.9M | $961.5M | $927.3M |
Total Long-Term Liabilities | $2.853B | $2.669B | $2.765B |
Total Liabilities | $3.713B | $3.630B | $3.693B |
YoY Change | 2.27% | -14.7% | -8.87% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $2.098B | $2.013B | $1.927B |
YoY Change | 4.26% | ||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.185B | $2.116B | $2.052B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.759B | $6.598B | $6.580B |
YoY Change | 2.44% | 6.67% | 11.28% |
Cashflow Statement
Concept | 2020 Q3 | 2019 Q3 | 2019 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $33.70M | $91.30M | $88.10M |
YoY Change | -63.09% | 10.0% | 16.07% |
Depreciation, Depletion And Amortization | $121.5M | $92.80M | $90.15M |
YoY Change | 30.9% | 7.79% | 8.99% |
Cash From Operating Activities | $56.40M | $220.4M | $207.2M |
YoY Change | -74.41% | -0.85% | 12.06% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$9.900M | -$98.60M | -$164.3M |
YoY Change | -89.96% | -68.37% | -54.96% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$180.9M | $42.50M | -$7.900M |
YoY Change | -525.65% | -63.68% | -90.46% |
Cash From Investing Activities | -$190.8M | -$56.30M | -$172.1M |
YoY Change | 238.9% | -71.08% | -61.55% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 100.4M | -109.8M | -72.30M |
YoY Change | -191.44% | -190.59% | -138.66% |
NET CHANGE | |||
Cash From Operating Activities | 56.40M | 220.4M | 207.2M |
Cash From Investing Activities | -190.8M | -56.30M | -172.1M |
Cash From Financing Activities | 100.4M | -109.8M | -72.30M |
Net Change In Cash | -34.00M | 54.30M | -37.20M |
YoY Change | -162.62% | -63.51% | -50.86% |
FREE CASH FLOW | |||
Cash From Operating Activities | $56.40M | $220.4M | $207.2M |
Capital Expenditures | -$9.900M | -$98.60M | -$164.3M |
Free Cash Flow | $66.30M | $319.0M | $371.5M |
YoY Change | -79.22% | -40.26% | -32.42% |
Facts In Submission
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386953000 | ||
CY2020Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1403000 | |
CY2019Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3542000 | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
5652000 | ||
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
11081000 | ||
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
30150000 | |
CY2019Q3 | us-gaap |
Interest Expense
InterestExpense
|
31606000 | |
us-gaap |
Interest Expense
InterestExpense
|
91280000 | ||
us-gaap |
Interest Expense
InterestExpense
|
96884000 | ||
CY2020Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
405000 | |
CY2019Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
361000 | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1205000 | ||
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
47367000 | ||
CY2020Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-28342000 | |
CY2019Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-27703000 | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-84423000 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-38436000 | ||
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
46211000 | |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
118738000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
267572000 | ||
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
51129000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50445000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
51568000 | ||
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
33662000 | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
91339000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
37935000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
52048000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
348517000 | ||
CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
12549000 | |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
27399000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
14113000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
80945000 | ||
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
33662000 | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
91339000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
37935000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
267572000 | ||
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.67 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.80 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.76 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.24 | ||
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.79 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.75 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
5.19 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50181000 | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50746000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50199000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51111000 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50622000 | |
CY2020Q3 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
-307000 | |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
32000 | ||
CY2020Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
33355000 | |
CY2019Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
91339000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
37935000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
267604000 | ||
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2175014000 | |
CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
29988000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
38000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1494000 | |
CY2020Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1727000 | |
CY2020Q1 | skyw |
Treasury Shares Withheld For Payment Of Tax
TreasurySharesWithheldForPaymentOfTax
|
6165000 | |
CY2020Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
20000000 | |
CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.14 | |
CY2020Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
7019000 | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2163438000 | |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-25715000 | |
CY2020Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
99000 | |
CY2019Q1 | skyw |
Net Unrealized Depreciation Marketable Securities Net Of Tax
NetUnrealizedDepreciationMarketableSecuritiesNetOfTax
|
32000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
641000 | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2819000 | ||
CY2020Q2 | skyw |
Coronavirus Aid Relief And Economic Security Act Warrant Issuance
CoronavirusAidReliefAndEconomicSecurityActWarrantIssuance
|
2845000 | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2142962000 | |
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
33662000 | |
CY2020Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-99000 | |
CY2020Q3 | skyw |
Net Unrealized Depreciation Marketable Securities Net Of Tax
NetUnrealizedDepreciationMarketableSecuritiesNetOfTax
|
-307000 | |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1287000 | |
CY2020Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2093000 | |
CY2020Q3 | skyw |
Coronavirus Aid Relief And Economic Security Act Warrant Issuance
CoronavirusAidReliefAndEconomicSecurityActWarrantIssuance
|
5403000 | |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2185100000 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1964281000 | |
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
88181000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
10000 | |
CY2020Q2 | skyw |
Net Unrealized Appreciation On Marketable Securities Net Of Tax
NetUnrealizedAppreciationOnMarketableSecuritiesNetOfTax
|
307000 | |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2087000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1620000 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
-578000 | |
CY2019Q1 | skyw |
Treasury Shares Withheld For Payment Of Tax
TreasurySharesWithheldForPaymentOfTax
|
9311000 | |
CY2019Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
25000000 | |
CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2019Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
6158000 | |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2000567000 | |
CY2019Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
88052000 | |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
2279000 | |
CY2019Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2075000 | |
CY2019Q2 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
18476000 | |
CY2019Q2 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
16145000 | |
CY2019Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2019Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
6107000 | |
CY2019Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2052245000 | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
91339000 | |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
185000 | |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
1545000 | |
CY2019Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2009000 | |
CY2019Q3 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
25003000 | |
CY2019Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.12 | |
CY2019Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
6060000 | |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2116260000 | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
548703000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
582468000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
848897000 | ||
us-gaap |
Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
1469091000 | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
878070000 | ||
us-gaap |
Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
1566471000 | ||
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1612000 | ||
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
25604000 | ||
us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
170392000 | ||
us-gaap |
Payments For Flight Equipment
PaymentsForFlightEquipment
|
419508000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9398000 | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
61021000 | ||
skyw |
Payments For Deposits On Aircraft
PaymentsForDepositsOnAircraft
|
625000 | ||
skyw |
Payments For Deposits On Aircraft
PaymentsForDepositsOnAircraft
|
31817000 | ||
skyw |
Proceeds From Return Of Deposits On Aircraft
ProceedsFromReturnOfDepositsOnAircraft
|
9220000 | ||
skyw |
Proceeds From Return Of Deposits On Aircraft
ProceedsFromReturnOfDepositsOnAircraft
|
23298000 | ||
us-gaap |
Proceeds From Divestiture Of Interest In Consolidated Subsidiaries
ProceedsFromDivestitureOfInterestInConsolidatedSubsidiaries
|
53200000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
121037000 | ||
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-7570000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-261447000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-305294000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
201285000 | ||
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
99914000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
117182000 | ||
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
291250000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
6270000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
26165000 | ||
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
93935000 | ||
skyw |
Payment Of Debt Issuance And Lessor Initial Direct Costs
PaymentOfDebtIssuanceAndLessorInitialDirectCosts
|
3932000 | ||
skyw |
Payment Of Debt Issuance And Lessor Initial Direct Costs
PaymentOfDebtIssuanceAndLessorInitialDirectCosts
|
1242000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
13059000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
17406000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
43766000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-297649000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
331022000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-20475000 | ||
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
87206000 | |
CY2018Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
328384000 | |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
418228000 | |
CY2019Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
307909000 | |
us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
8531000 | ||
us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
3662000 | ||
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
14475000 | ||
us-gaap |
Contribution Of Property
ContributionOfProperty
|
22313000 | ||
skyw |
Right Of Use Assets On Aircraft Acquired Under Operating Leases
RightOfUseAssetsOnAircraftAcquiredUnderOperatingLeases
|
153566000 | ||
skyw |
Lease Liability Arising From Recognition Of Right Of Use Asset
LeaseLiabilityArisingFromRecognitionOfRightOfUseAsset
|
456472000 | ||
skyw |
Coronavirus Aid Relief And Economic Security Act Warrant Issuance
CoronavirusAidReliefAndEconomicSecurityActWarrantIssuance
|
8248000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
95999000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
100100000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
371000 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
2415000 | ||
skyw |
Increase Decrease In Carrying Amount Of Assets
IncreaseDecreaseInCarryingAmountOfAssets
|
-101448000 | ||
skyw |
Increase Decrease In Carrying Amount Of Liabilities
IncreaseDecreaseInCarryingAmountOfLiabilities
|
-68341000 | ||
us-gaap |
Gain Or Loss On Sale Of Stock In Subsidiary
GainOrLossOnSaleOfStockInSubsidiary
|
79632000 | ||
skyw |
Gain Loss On Sale Of Subsidiaries
GainLossOnSaleOfSubsidiaries
|
46525000 | ||
skyw |
Percentage Of Available Seat Miles Flown Under Fixed Fee Arrangements
PercentageOfAvailableSeatMilesFlownUnderFixedFeeArrangements
|
0.872 | ||
skyw |
Percentage Of Available Seat Miles Flown Under Fixed Fee Arrangements
PercentageOfAvailableSeatMilesFlownUnderFixedFeeArrangements
|
0.821 | ||
skyw |
Percentage Of Available Seat Miles Flown Under Pro Rate Arrangements
PercentageOfAvailableSeatMilesFlownUnderProRateArrangements
|
0.128 | ||
skyw |
Percentage Of Available Seat Miles Flown Under Pro Rate Arrangements
PercentageOfAvailableSeatMilesFlownUnderProRateArrangements
|
0.179 | ||
CY2020Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5200000000 | |
CY2020Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
6170000 | |
CY2020Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
24780000 | |
CY2020Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
24596000 | |
CY2020Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
21643000 | |
CY2020Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
21336000 | |
CY2020Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
70938000 | |
CY2020Q3 | skyw |
Liquid Assets
LiquidAssets
|
1374800000 | |
CY2020Q3 | skyw |
Cash And Marketable Securities
CashAndMarketableSecurities
|
822000000.0 | |
CY2020Q3 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
39800000 | |
CY2020Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
169463000 | |
CY2020Q3 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
7136000 | |
CY2019Q3 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
10075000 | |
us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
27162000 | ||
us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
28113000 | ||
CY2020Q3 | skyw |
Percentage Of Reduction In Completed Departures Of Flights
PercentageOfReductionInCompletedDeparturesOfFlights
|
0.37 | |
CY2020Q3 | skyw |
Percentage Of Reduction In Completed Block Hours Of Flights
PercentageOfReductionInCompletedBlockHoursOfFlights
|
0.41 | |
CY2020Q3 | skyw |
Contract With Customer Liability Additions Made During Period
ContractWithCustomerLiabilityAdditionsMadeDuringPeriod
|
29600000 | |
CY2020Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
98600000 | |
CY2019Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
15388000 | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
24260000 | ||
CY2020Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
39648000 | |
skyw |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Replacement With Common Stock Shares Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingReplacementWithCommonStockSharesRatio
|
0.01 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5900000 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8000000.0 | ||
skyw |
Severance Costs Gross
SeveranceCostsGross
|
7900000 | ||
skyw |
Forfeiture Credit Share Based Compensation Stock
ForfeitureCreditShareBasedCompensationStock
|
4500000 | ||
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
385606 | ||
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
20000000.0 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
6200000 | ||
CY2020Q3 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
1496648 | ||
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
84600000 | ||
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
9300000 | ||
CY2020Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.67 | |
CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.80 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
200000 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
150000 | ||
CY2020Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
33662000 | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
91339000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
37935000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
267572000 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50181000 | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50746000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50199000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
51111000 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
441000 | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
383000 | |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
246000 | ||
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
457000 | ||
CY2020Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50622000 | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
51129000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50445000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
51568000 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.76 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
5.24 | ||
CY2020Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.66 | |
CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.79 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.75 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
5.19 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | ||
CY2020Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
457493000 | |
CY2020Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
382940000 | |
CY2020Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
121467000 | |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
30150000 | |
CY2020Q3 | us-gaap |
Assets
Assets
|
6758594000 | |
CY2020Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
4937000 | |
CY2019Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
760295000 | |
CY2019Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
613854000 | |
CY2019Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
92795000 | |
CY2019Q3 | us-gaap |
Interest Expense
InterestExpense
|
31606000 | |
CY2019Q3 | us-gaap |
Assets
Assets
|
6597659000 | |
CY2019Q3 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
101991000 | |
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1537469000 | ||
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1400998000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
364813000 | ||
us-gaap |
Interest Expense
InterestExpense
|
91280000 | ||
CY2020Q3 | us-gaap |
Assets
Assets
|
6758594000 | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
188321000 | ||
us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
2228372000 | ||
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1841419000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
272929000 | ||
skyw |
Special Charges And Write Down Value Of Assets
SpecialChargesAndWriteDownValueOfAssets
|
21869000 | ||
us-gaap |
Interest Expense
InterestExpense
|
96884000 | ||
CY2019Q3 | us-gaap |
Assets
Assets
|
6597659000 | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
652232000 | ||
skyw |
Operating Leases Number Of Aircraft Leased
OperatingLeasesNumberOfAircraftLeased
|
107 | ||
CY2020Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
296400000 | |
CY2020Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
83300000 | |
CY2020Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
221800000 | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
68000000.0 | ||
skyw |
Schedule Of Related Terms And Discount Rates
ScheduleOfRelatedTermsAndDiscountRates
|
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:79.99%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:68.87%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.72%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.73%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:22.44%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.21%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;width:68.87%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.72%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.73%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:22.44%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.21%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;"></span></p></td></tr><tr style="height:8.65pt;"><td colspan="2" style="vertical-align:bottom;width:71.6%;margin:0pt;padding:0pt;"><div style="height:8.65pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="visibility:hidden;"></span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="visibility:hidden;"></span></p></div></div></td><td colspan="3" style="vertical-align:bottom;width:28.39%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:8.65pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">As of September 30, 2020</b></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:68.87%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Weighted-average remaining lease term for operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.72%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;margin:0pt;"> </p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:25.18%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;">6.6 years</p></td><td style="vertical-align:bottom;white-space:nowrap;width:3.21%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"> </p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:68.87%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">Weighted-average discount rate for operating leases</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.72%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.73%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:22.44%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;">6.1%</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:3.21%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;"></span></p></td></tr></table> | ||
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P6Y7M6D | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.061 | |
CY2020Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
23538000 | |
CY2019Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
25173000 | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
72696000 | ||
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
80041000 | ||
CY2020Q3 | skyw |
Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
|
950000 | |
CY2019Q3 | skyw |
Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
|
1343000 | |
skyw |
Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
|
3501000 | ||
skyw |
Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
|
4164000 | ||
CY2020Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
1587000 | |
CY2019Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
357000 | |
us-gaap |
Sublease Income
SubleaseIncome
|
4718000 | ||
us-gaap |
Sublease Income
SubleaseIncome
|
357000 | ||
CY2020Q3 | us-gaap |
Lease Cost
LeaseCost
|
22901000 | |
CY2019Q3 | us-gaap |
Lease Cost
LeaseCost
|
26159000 | |
us-gaap |
Lease Cost
LeaseCost
|
71479000 | ||
us-gaap |
Lease Cost
LeaseCost
|
83848000 | ||
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
76923000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
69419000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
28091000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
98448000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
22393000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
85599000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
76923000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
69419000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
28091000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
98448000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
380873000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
380873000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
22393000 | |
CY2020Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
85599000 | |
CY2020Q3 | us-gaap |
Purchase Obligation
PurchaseObligation
|
655906000 | |
CY2020Q3 | us-gaap |
Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
|
114223000 | |
CY2020Q3 | us-gaap |
Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
|
139003000 | |
CY2020Q3 | us-gaap |
Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
|
402680000 | |
CY2020Q3 | skyw |
Interest Commitment
InterestCommitment
|
541062000 | |
CY2020Q3 | skyw |
Interest Commitment Future Minimum Payments Remainder Of Fiscal Year
InterestCommitmentFutureMinimumPaymentsRemainderOfFiscalYear
|
28777000 | |
CY2020Q3 | skyw |
Interest Commitment Due In Year Two
InterestCommitmentDueInYearTwo
|
114652000 | |
CY2020Q3 | skyw |
Interest Commitment Due In Year Three
InterestCommitmentDueInYearThree
|
99811000 | |
CY2020Q3 | skyw |
Interest Commitment Due In Year Four
InterestCommitmentDueInYearFour
|
82790000 | |
CY2020Q3 | skyw |
Interest Commitment Due In Year Five
InterestCommitmentDueInYearFive
|
67376000 | |
CY2020Q3 | skyw |
Interest Commitment Due After Year Five
InterestCommitmentDueAfterYearFive
|
147656000 | |
CY2020Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3101657000 | |
CY2020Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
69405000 | |
CY2020Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
387309000 | |
CY2020Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
388152000 | |
CY2020Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
397913000 | |
CY2020Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
351431000 | |
CY2020Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
1507447000 | |
CY2020Q3 | us-gaap |
Contractual Obligation
ContractualObligation
|
4679498000 | |
CY2020Q3 | us-gaap |
Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
|
234798000 | |
CY2020Q3 | us-gaap |
Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
|
726563000 | |
CY2020Q3 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
967566000 | |
CY2020Q3 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
550122000 | |
CY2020Q3 | us-gaap |
Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
|
446898000 | |
CY2020Q3 | us-gaap |
Contractual Obligation Due In Fifth Year
ContractualObligationDueInFifthYear
|
1753551000 | |
CY2020Q3 | skyw |
Percentage Of Variable Rate Notes
PercentageOfVariableRateNotes
|
0.024 | |
CY2020Q3 | skyw |
Debt Instrument Carrying Amount Current
DebtInstrumentCarryingAmountCurrent
|
364193000 | |
CY2019Q4 | skyw |
Debt Instrument Carrying Amount Current
DebtInstrumentCarryingAmountCurrent
|
367954000 | |
CY2020Q3 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
3905000 | |
CY2019Q4 | us-gaap |
Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
|
3828000 | |
CY2020Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
360288000 | |
CY2019Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
364126000 | |
CY2020Q3 | skyw |
Debt Instrument Carrying Amount Noncurrent
DebtInstrumentCarryingAmountNoncurrent
|
2737464000 | |
CY2019Q4 | skyw |
Debt Instrument Carrying Amount Noncurrent
DebtInstrumentCarryingAmountNoncurrent
|
2649569000 | |
CY2020Q3 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
29695000 | |
CY2019Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
20580000 | |
CY2020Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2707769000 | |
CY2019Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2628989000 | |
CY2020Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3101657000 | |
CY2019Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3017523000 | |
CY2020Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
33600000 | |
CY2019Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
24408000 | |
CY2020Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
3068057000 | |
CY2019Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
2993115000 | |
CY2020Q3 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
75000000 | |
CY2020Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | |
CY2020Q3 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
39800000 | |
CY2019Q1 | skyw |
Gain Loss On Sale Of Subsidiaries
GainLossOnSaleOfSubsidiaries
|
46500000 | |
us-gaap |
Loss On Contract Termination
LossOnContractTermination
|
18500000 | ||
us-gaap |
Severance Costs1
SeveranceCosts1
|
3400000 | ||
us-gaap |
Other Nonrecurring Expense
OtherNonrecurringExpense
|
0 | ||
CY2019 | skyw |
Number Of Spare Engines Purchased
NumberOfSpareEnginesPurchased
|
15 | |
CY2020Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.272 | |
CY2020Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.271 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | ||
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
1400000 | ||
CY2019Q3 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.231 | |
CY2019Q3 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2019Q3 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
1500000 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.232 | ||
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | ||
skyw |
Offset Discrete Tax Benefit
OffsetDiscreteTaxBenefit
|
3600000 | ||
us-gaap |
Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
|
1500000 |