$SKYW
SKYWEST INC

2024 Q4 Form 10-Q Financial Statement

#000155837024014135 Filed on November 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $912.8M
YoY Change 19.14%
Cost Of Revenue $228.4M
YoY Change 2.72%
Gross Profit $684.4M
YoY Change 25.84%
Gross Profit Margin 74.98%
Selling, General & Admin $377.4M
YoY Change 13.34%
% of Gross Profit 55.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $96.66M
YoY Change 0.11%
% of Gross Profit 14.12%
Operating Expenses $781.4M
YoY Change 8.99%
Operating Profit $131.4M
YoY Change 166.65%
Interest Expense -$15.35M
YoY Change -147.16%
% of Operating Profit -11.68%
Other Income/Expense, Net -$15.24M
YoY Change -38.9%
Pretax Income $116.2M
YoY Change 377.17%
Income Tax $26.49M
% Of Pretax Income 22.8%
Net Earnings $89.71M
YoY Change 281.74%
Net Earnings / Revenue 9.83%
Basic Earnings Per Share $2.23
Diluted Earnings Per Share $2.16
COMMON SHARES
Basic Shares Outstanding 40.33M 40.10M
Diluted Shares Outstanding 41.56M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $836.0M
YoY Change 2.01%
Cash & Equivalents $177.6M
Short-Term Investments $658.4M
Other Short-Term Assets $50.50M
YoY Change -47.68%
Inventory $136.5M
Prepaid Expenses
Receivables $111.2M
Other Receivables $0.00
Total Short-Term Assets $1.134B
YoY Change -2.39%
LONG-TERM ASSETS
Property, Plant & Equipment $5.400B
YoY Change -1.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $52.50M
YoY Change 110.0%
Other Assets $405.1M
YoY Change 1.61%
Total Long-Term Assets $5.822B
YoY Change -1.27%
TOTAL ASSETS
Total Short-Term Assets $1.134B
Total Long-Term Assets $5.822B
Total Assets $6.957B
YoY Change -1.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $460.3M
YoY Change -5.44%
Accrued Expenses $256.3M
YoY Change 9.77%
Deferred Revenue $59.60M
YoY Change 496.0%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $496.8M
YoY Change 12.09%
Total Short-Term Liabilities $1.314B
YoY Change 9.0%
LONG-TERM LIABILITIES
Long-Term Debt $2.197B
YoY Change -16.6%
Other Long-Term Liabilities $315.6M
YoY Change -5.78%
Total Long-Term Liabilities $2.512B
YoY Change -15.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.314B
Total Long-Term Liabilities $2.512B
Total Liabilities $3.826B
YoY Change -8.34%
SHAREHOLDERS EQUITY
Retained Earnings $2.497B
YoY Change 10.79%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.311B
YoY Change
Total Liabilities & Shareholders Equity $6.957B
YoY Change -1.45%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $89.71M
YoY Change 281.74%
Depreciation, Depletion And Amortization $96.66M
YoY Change 0.11%
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
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
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Entity Central Index Key
EntityCentralIndexKey
0000793733
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
SKYWEST INC
CY2024Q3 us-gaap Preferred Stock Including Additional Paid In Capital
PreferredStockIncludingAdditionalPaidInCapital
CY2023Q4 us-gaap Preferred Stock Including Additional Paid In Capital
PreferredStockIncludingAdditionalPaidInCapital
us-gaap Sale Leaseback Transaction Lease Term
SaleLeasebackTransactionLeaseTerm
P5Y
us-gaap Fair Value Recurring Basis Unobservable Input Reconciliation Net Derivative Asset Liability Gain Loss Statement Of Income Extensible List
FairValueRecurringBasisUnobservableInputReconciliationNetDerivativeAssetLiabilityGainLossStatementOfIncomeExtensibleList
http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense
us-gaap Fair Value Net Derivative Asset Liability Recurring Basis Still Held Unrealized Gain Loss Statement Of Income Extensible List
FairValueNetDerivativeAssetLiabilityRecurringBasisStillHeldUnrealizedGainLossStatementOfIncomeExtensibleList
http://fasb.org/us-gaap/2024#OtherNonoperatingIncomeExpense
dei Amendment Flag
AmendmentFlag
false
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
0-14719
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
UT
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
87-0292166
dei Entity Address Address Line1
EntityAddressAddressLine1
444 South River Road
dei Entity Address City Or Town
EntityAddressCityOrTown
St. George
dei Entity Address State Or Province
EntityAddressStateOrProvince
UT
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
84790
dei City Area Code
CityAreaCode
435
dei Local Phone Number
LocalPhoneNumber
634-3000
dei Security12b Title
Security12bTitle
Common Stock, No Par Value
dei Trading Symbol
TradingSymbol
SKYW
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
40327811
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
177609000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
148277000
CY2024Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
658433000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
686946000
CY2024Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
111199000
CY2023Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
82854000
CY2024Q3 us-gaap Airline Related Inventory Net
AirlineRelatedInventoryNet
136480000
CY2023Q4 us-gaap Airline Related Inventory Net
AirlineRelatedInventoryNet
127114000
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
50496000
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
86705000
CY2024Q3 us-gaap Assets Current
AssetsCurrent
1134217000
CY2023Q4 us-gaap Assets Current
AssetsCurrent
1131896000
CY2024Q3 us-gaap Flight Equipment Gross
FlightEquipmentGross
8462449000
CY2023Q4 us-gaap Flight Equipment Gross
FlightEquipmentGross
8323107000
CY2024Q3 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
71457000
CY2023Q4 us-gaap Deposits On Flight Equipment
DepositsOnFlightEquipment
77282000
CY2024Q3 skyw Buildings And Ground Equipment Gross
BuildingsAndGroundEquipmentGross
343870000
CY2023Q4 skyw Buildings And Ground Equipment Gross
BuildingsAndGroundEquipmentGross
282398000
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8877776000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8682787000
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3460508000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3199820000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5417268000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5482967000
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
85303000
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
86727000
CY2024Q3 skyw Long Term Receivables And Other Assets
LongTermReceivablesAndOtherAssets
319812000
CY2023Q4 skyw Long Term Receivables And Other Assets
LongTermReceivablesAndOtherAssets
324703000
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
405115000
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
411430000
CY2024Q3 us-gaap Assets
Assets
6956600000
CY2023Q4 us-gaap Assets
Assets
7026293000
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
496789000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
443869000
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
460276000
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
470251000
CY2024Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
211149000
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
194881000
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
18496000
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19335000
CY2024Q3 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
26660000
CY2023Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
26077000
CY2024Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
100804000
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
99879000
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
1314174000
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1254292000
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2196548000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2562183000
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
751983000
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
687600000
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
66807000
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
67392000
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
315591000
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
341324000
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2024Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2024Q3 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2023Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
120000000
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
83601235
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
82840372
CY2024Q3 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
772320000
CY2023Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
754362000
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2496796000
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2271211000
CY2024Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
43262997
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
42615347
CY2024Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
957994000
CY2023Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
912396000
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
375000
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
325000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
2311497000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2113502000
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6956600000
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7026293000
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
912786000
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
766171000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2583518000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2183645000
CY2024Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
377435000
CY2023Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
333017000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
1083439000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
990659000
CY2024Q3 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
181652000
CY2023Q3 us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
178465000
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
510334000
us-gaap Aircraft Maintenance Materials And Repairs
AircraftMaintenanceMaterialsAndRepairs
483182000
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
96662000
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
96560000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
289346000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
287878000
CY2024Q3 skyw Fuel Cost
FuelCost
22724000
CY2023Q3 skyw Fuel Cost
FuelCost
23330000
skyw Fuel Cost
FuelCost
65216000
skyw Fuel Cost
FuelCost
62573000
CY2024Q3 skyw Landing Fee And Other Rental
LandingFeeAndOtherRental
22642000
CY2023Q3 skyw Landing Fee And Other Rental
LandingFeeAndOtherRental
18398000
skyw Landing Fee And Other Rental
LandingFeeAndOtherRental
61065000
skyw Landing Fee And Other Rental
LandingFeeAndOtherRental
53648000
CY2024Q3 skyw Aircraft Rent
AircraftRent
1339000
CY2023Q3 skyw Aircraft Rent
AircraftRent
2099000
skyw Aircraft Rent
AircraftRent
3925000
skyw Aircraft Rent
AircraftRent
24055000
CY2024Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
78897000
CY2023Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
65011000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
219612000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
205203000
CY2024Q3 us-gaap Operating Expenses
OperatingExpenses
781351000
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
716880000
us-gaap Operating Expenses
OperatingExpenses
2232937000
us-gaap Operating Expenses
OperatingExpenses
2107198000
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
131435000
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
49291000
us-gaap Operating Income Loss
OperatingIncomeLoss
350581000
us-gaap Operating Income Loss
OperatingIncomeLoss
76447000
CY2024Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
12460000
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
11234000
us-gaap Investment Income Interest
InvestmentIncomeInterest
36126000
us-gaap Investment Income Interest
InvestmentIncomeInterest
31761000
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
27808000
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
32543000
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
86603000
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
99881000
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
109000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3631000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1567000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7544000
CY2024Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-15239000
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-24940000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-52044000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-60576000
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
116196000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
24351000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
298537000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15871000
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
26487000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
873000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
72952000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-955000
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89709000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23478000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
225585000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16826000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.23
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.16
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40253000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41826000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40244000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45018000
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41561000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42580000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41495000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45540000
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89709000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23478000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
225585000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16826000
CY2024Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
883000
CY2023Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
624000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
50000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
3618000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
90592000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
24102000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
225635000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20444000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2113502000
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
60298000
CY2024Q1 skyw Treasury Shares Withheld For Payment Of Tax
TreasurySharesWithheldForPaymentOfTax
6930000
CY2024Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1446000
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5510000
CY2024Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8750000
CY2024Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
56000
CY2024Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-173000
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
2164903000
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
75578000
CY2024Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4812000
CY2024Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
13453000
CY2024Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
212000
CY2024Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-660000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
2231180000
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89709000
CY2024Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1418000
CY2024Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4772000
CY2024Q3 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
16465000
CY2024Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
283000
CY2024Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
883000
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
2311497000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2347631000
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-22071000
CY2023Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
57000
CY2023Q1 skyw Treasury Shares Withheld For Payment Of Tax
TreasurySharesWithheldForPaymentOfTax
585000
CY2023Q1 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1218000
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4329000
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100001000
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
476000
CY2023Q1 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
1480000
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
2232058000
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15419000
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4246000
CY2023Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
95998000
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
488000
CY2023Q2 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
1514000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
2157239000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23478000
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1536000
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4321000
CY2023Q3 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
50500000
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
201000
CY2023Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
624000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
2136698000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
506565000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
511907000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
1212208000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
982331000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1240771000
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1236009000
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
131880000
us-gaap Payments For Flight Equipment
PaymentsForFlightEquipment
151600000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21685000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13978000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4117000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6574000
skyw Payments For Deposits On Aircraft
PaymentsForDepositsOnAircraft
55528000
skyw Proceeds From Return Of Deposits On Aircraft
ProceedsFromReturnOfDepositsOnAircraft
5825000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3941000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-21857000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-119001000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
61003000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
23059000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
25000000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
338221000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
331183000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
336000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
108000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2864000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2811000
skyw Treasury Shares Withheld For Payment Of Taxes
TreasurySharesWithheldForPaymentOfTaxes
6930000
skyw Treasury Shares Withheld For Payment Of Taxes
TreasurySharesWithheldForPaymentOfTaxes
585000
skyw Payments For Repurchase Of Common Stock And Related Excise Tax
PaymentsForRepurchaseOfCommonStockAndRelatedExciseTax
38668000
skyw Payments For Repurchase Of Common Stock And Related Excise Tax
PaymentsForRepurchaseOfCommonStockAndRelatedExciseTax
246499000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-358232000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-550564000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
29332000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
22346000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
148277000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
102984000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
177609000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125330000
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
15979000
us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
16614000
skyw Derecognition Of Right Of Use Assets
DerecognitionOfRightOfUseAssets
39247000
skyw Derecognition Of Operating Lease Liabilities
DerecognitionOfOperatingLeaseLiabilities
39247000
us-gaap Interest Paid Net
InterestPaidNet
87072000
us-gaap Interest Paid Net
InterestPaidNet
98196000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
14930000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9184000
skyw Percentage Of Available Seat Miles Flown Under Fixed Fee Arrangements
PercentageOfAvailableSeatMilesFlownUnderFixedFeeArrangements
0.868
skyw Percentage Of Available Seat Miles Flown Under Fixed Fee Arrangements
PercentageOfAvailableSeatMilesFlownUnderFixedFeeArrangements
0.872
skyw Essential Air Service Contract Term
EssentialAirServiceContractTerm
P2Y
skyw Percentage Of Available Seat Miles Flown Under Pro Rate Arrangements
PercentageOfAvailableSeatMilesFlownUnderProRateArrangements
0.132
skyw Percentage Of Available Seat Miles Flown Under Pro Rate Arrangements
PercentageOfAvailableSeatMilesFlownUnderProRateArrangements
0.128
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
24500000
skyw Increase Decrease In Unbilled Revenue
IncreaseDecreaseInUnbilledRevenue
900000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
111900000
skyw Increase Decrease In Unbilled Revenue
IncreaseDecreaseInUnbilledRevenue
8700000
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
348600000
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
59600000
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
289000000.0
CY2024Q3 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
6400000
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
374600000
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
61000000.0
CY2023Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
313600000
CY2023Q4 us-gaap Unbilled Contracts Receivable
UnbilledContractsReceivable
7300000
CY2024Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
22134000
CY2023Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
16091000
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
60918000
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
49442000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
11711000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
42248000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
36641000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
36626000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
35739000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
54543000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
217508000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5400000000
CY2024Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
112900000
CY2024Q3 us-gaap Accounts Receivable Gross Noncurrent
AccountsReceivableGrossNoncurrent
202400000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
18699000
us-gaap Allowance For Doubtful Accounts Receivable Period Increase Decrease
AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
1379000
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
17320000
skyw Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Replacement With Common Stock Shares Ratio
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingReplacementWithCommonStockSharesRatio
1
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15100000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12900000
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
78000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
375000
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89709000
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23478000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
225585000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16826000
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40253000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41826000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40244000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45018000
CY2024Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1308000
CY2023Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
754000
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1251000
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
522000
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41561000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42580000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41495000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45540000
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.23
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.16
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.44
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2
CY2024Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
912786000
CY2024Q3 us-gaap Operating Expenses
OperatingExpenses
781351000
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
96662000
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
27808000
CY2024Q3 skyw Segment Profit Loss
SegmentProfitLoss
103627000
CY2024Q3 us-gaap Assets
Assets
6956600000
CY2024Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
84287000
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
766171000
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
716880000
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
96560000
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
32543000
CY2023Q3 skyw Segment Profit Loss
SegmentProfitLoss
16748000
CY2023Q3 us-gaap Assets
Assets
7059118000
CY2023Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
48252000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2583518000
us-gaap Operating Expenses
OperatingExpenses
2232937000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
289346000
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
86603000
skyw Segment Profit Loss
SegmentProfitLoss
263978000
CY2024Q3 us-gaap Assets
Assets
6956600000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
169544000
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
2183645000
us-gaap Operating Expenses
OperatingExpenses
2107198000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
287878000
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
99881000
skyw Segment Profit Loss
SegmentProfitLoss
-23434000
CY2023Q3 us-gaap Assets
Assets
7059118000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
182192000
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
85300000
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
18500000
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
66800000
us-gaap Operating Lease Payments
OperatingLeasePayments
16700000
skyw Schedule Of Related Terms And Discount Rates
ScheduleOfRelatedTermsAndDiscountRates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:0.0pt;margin:0pt;"><span style="font-size:0pt;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:74.24%;margin:0pt;padding:0pt;"><div style="height:1pt;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;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:25.75%;margin:0pt;padding:0pt;"><div style="height:1pt;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;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:bottom;width:74.24%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:8pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:25.75%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:74.24%;background:#cceeff;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:25.75%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;">11.4 years</p></td></tr><tr><td style="vertical-align:bottom;width:74.24%;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="vertical-align:bottom;white-space:nowrap;width:25.75%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;">6.3%</p></td></tr></table>
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y4M24D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
6583000
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
7959000
us-gaap Operating Lease Cost
OperatingLeaseCost
20500000
us-gaap Operating Lease Cost
OperatingLeaseCost
40764000
CY2024Q3 skyw Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
453000
CY2023Q3 skyw Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
868000
skyw Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
2029000
skyw Variable And Short Term Lease Cost
VariableAndShortTermLeaseCost
2205000
CY2024Q3 us-gaap Sublease Income
SubleaseIncome
1268000
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
1350000
us-gaap Sublease Income
SubleaseIncome
3782000
us-gaap Sublease Income
SubleaseIncome
4051000
CY2024Q3 us-gaap Lease Cost
LeaseCost
5768000
CY2023Q3 us-gaap Lease Cost
LeaseCost
7477000
us-gaap Lease Cost
LeaseCost
18747000
us-gaap Lease Cost
LeaseCost
38918000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5272000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
18356000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
16545000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14002000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11012000
CY2024Q3 skyw Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
62392000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
127579000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
127579000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5272000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
18356000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
16545000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14002000
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11012000
CY2024Q3 skyw Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
62392000
CY2024Q3 us-gaap Purchase Obligation
PurchaseObligation
610752000
CY2024Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
135217000
CY2024Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
239125000
CY2024Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
236410000
CY2024Q3 skyw Interest Commitment
InterestCommitment
389176000
CY2024Q3 skyw Interest Commitment Future Minimum Payments Remainder Of Fiscal Year
InterestCommitmentFutureMinimumPaymentsRemainderOfFiscalYear
26093000
CY2024Q3 skyw Interest Commitment Due In Next Twelve Months
InterestCommitmentDueInNextTwelveMonths
98184000
CY2024Q3 skyw Interest Commitment Due In Year Two
InterestCommitmentDueInYearTwo
78324000
CY2024Q3 skyw Interest Commitment Due In Year Three
InterestCommitmentDueInYearThree
56382000
CY2024Q3 skyw Interest Commitment Due In Year Four
InterestCommitmentDueInYearFour
40955000
CY2024Q3 skyw Interest Commitment Due After Year Four
InterestCommitmentDueAfterYearFour
89238000
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2714421000
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
114907000
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
534315000
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
512046000
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
465695000
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
294352000
CY2024Q3 skyw Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
793106000
CY2024Q3 us-gaap Contractual Obligation
ContractualObligation
3841928000
CY2024Q3 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
281489000
CY2024Q3 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
889980000
CY2024Q3 us-gaap Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
843325000
CY2024Q3 us-gaap Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
536079000
CY2024Q3 us-gaap Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
346319000
CY2024Q3 skyw Contractual Obligation Due After Fourth Year
ContractualObligationDueAfterFourthYear
944736000
CY2022 skyw Percentage Of Guaranteed Amount Received As Consideration
PercentageOfGuaranteedAmountReceivedAsConsideration
0.065
CY2024Q3 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
658400000
CY2023Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
686900000
skyw Available For Sale Securities Maximum Period For Redemption
AvailableForSaleSecuritiesMaximumPeriodForRedemption
P1Y
CY2023 skyw Available For Sale Securities Maximum Period For Redemption
AvailableForSaleSecuritiesMaximumPeriodForRedemption
P1Y
CY2024Q3 skyw Marketable Securities At Cost
MarketableSecuritiesAtCost
657900000
CY2023Q4 skyw Marketable Securities At Cost
MarketableSecuritiesAtCost
686500000
CY2024Q3 skyw Debt Instrument Carrying Amount Current
DebtInstrumentCarryingAmountCurrent
500279000
CY2023Q4 skyw Debt Instrument Carrying Amount Current
DebtInstrumentCarryingAmountCurrent
447534000
CY2024Q3 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
3490000
CY2023Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
3665000
CY2024Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
496789000
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
443869000
CY2024Q3 skyw Debt Instrument Carrying Amount Noncurrent
DebtInstrumentCarryingAmountNoncurrent
2214142000
CY2023Q4 skyw Debt Instrument Carrying Amount Noncurrent
DebtInstrumentCarryingAmountNoncurrent
2582776000
CY2024Q3 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
17594000
CY2023Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
20593000
CY2024Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2196548000
CY2023Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2562183000
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2714421000
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3030310000
CY2024Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
21084000
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
24258000
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
2693337000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
3006052000
CY2024Q3 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.041
CY2024Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
100000000.0
us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.035
skyw Gain Loss On Other Investments
GainLossOnOtherInvestments
-6600000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.244
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
-0.060
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
7600000
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

Name View Source Status
0001558370-24-014135-index-headers.html Edgar Link pending
0001558370-24-014135-index.html Edgar Link pending
0001558370-24-014135.txt Edgar Link pending
0001558370-24-014135-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.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-20240930.xsd Edgar Link pending
skyw-20240930x10q.htm Edgar Link pending
skyw-20240930xex31d1.htm Edgar Link pending
skyw-20240930xex31d2.htm Edgar Link pending
skyw-20240930xex32d1.htm Edgar Link pending
skyw-20240930xex32d2.htm Edgar Link pending
skyw-20240930x10q_htm.xml Edgar Link completed
skyw-20240930_cal.xml Edgar Link unprocessable
skyw-20240930_def.xml Edgar Link unprocessable
skyw-20240930_lab.xml Edgar Link unprocessable
skyw-20240930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable