2024 Q1 Form 10-K Financial Statement

#000101816424000013 Filed on March 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $119.1M $114.3M $418.6M
YoY Change 33.0% 29.65% 34.18%
Cost Of Revenue $8.279M $5.626M $15.21M
YoY Change 84.02% 18.37% -27.01%
Gross Profit $110.8M $108.7M $403.3M
YoY Change 30.3% 30.29% 38.56%
Gross Profit Margin 93.05% 95.08% 96.37%
Selling, General & Admin $32.29M $44.80M $160.0M
YoY Change -14.52% 55.0% 41.14%
% of Gross Profit 29.14% 41.23% 39.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.49M $22.83M $90.93M
YoY Change -0.28% 0.2% 3.02%
% of Gross Profit 20.29% 21.01% 22.54%
Operating Expenses $32.29M $67.59M $160.0M
YoY Change -14.52% 30.78% 41.14%
Operating Profit $27.22M $41.06M $64.22M
YoY Change 240.31% 29.5% 551.67%
Interest Expense $23.00M -$18.07M $78.80M
YoY Change 25.09% 12.49% 18.06%
% of Operating Profit 84.51% -44.01% 122.69%
Other Income/Expense, Net
YoY Change
Pretax Income $29.89M $20.98M $67.13M
YoY Change 337.21% 15.27% 585.49%
Income Tax $9.000M $10.03M $23.35M
% Of Pretax Income 30.11% 47.8% 34.78%
Net Earnings $20.87M $10.04M $43.78M
YoY Change 374.94% -25.66% 704.95%
Net Earnings / Revenue 17.52% 8.78% 10.46%
Basic Earnings Per Share $3.12 $6.40
Diluted Earnings Per Share $3.00 $1.53 $6.23
COMMON SHARES
Basic Shares Outstanding 6.393M shares 6.368M shares 6.305M shares
Diluted Shares Outstanding 6.659M shares 6.481M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.622M $7.071M $7.071M
YoY Change -22.39% -41.78% -41.78%
Cash & Equivalents $7.622M $7.071M $7.071M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $85.17M $40.95M $40.95M
Prepaid Expenses
Receivables $61.88M $58.49M $58.49M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $154.7M $106.5M $106.5M
YoY Change 62.05% 9.04% 9.04%
LONG-TERM ASSETS
Property, Plant & Equipment $2.166B $2.150B $2.159B
YoY Change -0.56% -0.4% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $60.30M $58.04M $66.80M
YoY Change 9.84% 3.3% 6.66%
Other Assets $89.48M $161.8M $161.8M
YoY Change 59.51% 101.84% 101.84%
Total Long-Term Assets $2.520B $2.546B $2.546B
YoY Change 1.12% 2.76% 2.76%
TOTAL ASSETS
Total Short-Term Assets $154.7M $106.5M $106.5M
Total Long-Term Assets $2.520B $2.546B $2.546B
Total Assets $2.674B $2.652B $2.652B
YoY Change 3.37% 2.99% 2.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $103.3M $52.94M $45.00M
YoY Change 145.62% 62.01% 37.71%
Accrued Expenses $7.941M
YoY Change -23.39%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $129.9M $76.73M $76.73M
YoY Change 103.83% 20.77% 20.77%
LONG-TERM LIABILITIES
Long-Term Debt $1.736B $1.803B $1.803B
YoY Change -5.52% -2.4% -2.4%
Other Long-Term Liabilities $141.2M $136.0M $136.0M
YoY Change 44.5% 75.94% 75.94%
Total Long-Term Liabilities $1.877B $1.939B $1.939B
YoY Change -2.99% 0.74% 0.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $129.9M $76.73M $76.73M
Total Long-Term Liabilities $1.877B $1.939B $1.939B
Total Liabilities $2.163B $2.163B $2.163B
YoY Change 1.47% 2.02% 2.02%
SHAREHOLDERS EQUITY
Retained Earnings $417.7M $397.8M
YoY Change 15.72% 11.27%
Common Stock $69.00K $68.00K
YoY Change 4.55% 3.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $461.8M $439.0M $488.9M
YoY Change
Total Liabilities & Shareholders Equity $2.674B $2.652B $2.652B
YoY Change 3.37% 2.99% 2.99%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $20.87M $10.04M $43.78M
YoY Change 374.94% -25.66% 704.95%
Depreciation, Depletion And Amortization $22.49M $22.83M $90.93M
YoY Change -0.28% 0.2% 3.02%
Cash From Operating Activities $59.83M $60.74M $229.7M
YoY Change 15.34% -2.24% 59.07%
INVESTING ACTIVITIES
Capital Expenditures $405.0K $22.08M $5.140M
YoY Change -74.25% -67.17% -22.47%
Acquisitions
YoY Change
Other Investing Activities -$569.0K $61.40M $76.00M
YoY Change -91.9% 268.92% -22.96%
Cash From Investing Activities -$63.76M $39.32M -$92.78M
YoY Change -0.81% -177.7% -52.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net $138.8M $665.5M
YoY Change 159.73% 190.81%
Cash From Financing Activities -$69.85M 12.26M -$57.94M
YoY Change 477.27% -414.58% -233.74%
NET CHANGE
Cash From Operating Activities $59.83M 60.74M $229.7M
Cash From Investing Activities -$63.76M 39.32M -$92.78M
Cash From Financing Activities -$69.85M 12.26M -$57.94M
Net Change In Cash -$73.79M 112.3M $79.01M
YoY Change 201.04% 1372.19% -1292.65%
FREE CASH FLOW
Cash From Operating Activities $59.83M $60.74M $229.7M
Capital Expenditures $405.0K $22.08M $5.140M
Free Cash Flow $59.42M $38.66M $224.6M
YoY Change 18.14% -855.31% 62.99%

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OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
247000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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0 usd
CY2023 wlfc Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Joint Venture
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxJointVenture
-530000 usd
CY2022 wlfc Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Joint Venture
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxJointVenture
1697000 usd
CY2023 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-19609000 usd
CY2022 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
27832000 usd
CY2023 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-4313000 usd
CY2022 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
6120000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-15296000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
21712000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28485000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
27151000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
375885000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
5439000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-302000 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1071000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
6421000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
22783000 usd
CY2022 us-gaap Stock Repurchased During Period Value
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5245000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation Gross
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335000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
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3655000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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13551000 usd
CY2022 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
84000 usd
CY2022 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
1.30
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
3250000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
404688000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
43781000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-115000 usd
CY2023 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-408000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
4143000 usd
CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-14696000 usd
CY2023 wlfc Other Comprehensive Income Loss Cash Flow Hedge Realized Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeRealizedGainLossAfterReclassificationTaxParent
55000 usd
CY2023 wlfc Other Comprehensive Income Loss Cash Flow Hedge Realized Gain Loss After Reclassification And Tax Parent
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-192000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation Gross
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274000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
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5793000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14802000 usd
CY2023 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
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75000 usd
CY2023 us-gaap Preferred Stock Dividends Per Share Cash Paid
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1.33
CY2023 us-gaap Dividends Preferred Stock
DividendsPreferredStock
3334000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
438963000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
43781000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
5439000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
90925000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
88260000 usd
CY2023 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
4398000 usd
CY2022 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
21849000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
14802000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
13551000 usd
CY2023 us-gaap Amortization Of Deferred Charges
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6150000 usd
CY2022 us-gaap Amortization Of Deferred Charges
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5319000 usd
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
838000 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
837000 usd
CY2023 us-gaap Proceeds From Lease Payments
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4570000 usd
CY2022 us-gaap Proceeds From Lease Payments
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584000 usd
CY2023 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
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10581000 usd
CY2022 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
3133000 usd
CY2023 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
761000 usd
CY2022 us-gaap Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
0 usd
CY2023 us-gaap Gain On Derivative Instruments Pretax
GainOnDerivativeInstrumentsPretax
247000 usd
CY2022 us-gaap Gain On Derivative Instruments Pretax
GainOnDerivativeInstrumentsPretax
0 usd
CY2023 us-gaap Gain Loss On Sale Of Notes Receivable
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0 usd
CY2022 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
3116000 usd
CY2023 us-gaap Gains Losses On Extinguishment Of Debt
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0 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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2558000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
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2908000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-62000 usd
CY2023 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-9000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
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71000 usd
CY2023 us-gaap Increase Decrease In Deferred Income Taxes
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-19652000 usd
CY2022 us-gaap Increase Decrease In Deferred Income Taxes
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-2065000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
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17375000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
3168000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1710000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-14288000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-3247000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5617000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
17154000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
942000 usd
CY2023 wlfc Increase Decrease In Maintenance Reserves
IncreaseDecreaseInMaintenanceReserves
32159000 usd
CY2022 wlfc Increase Decrease In Maintenance Reserves
IncreaseDecreaseInMaintenanceReserves
2372000 usd
CY2023 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-3300000 usd
CY2022 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
-2372000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
22334000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
4147000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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229737000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
144424000 usd
CY2023 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
163640000 usd
CY2022 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
286393000 usd
CY2023 us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
85061000 usd
CY2022 us-gaap Proceeds From Sale Of Machinery And Equipment
ProceedsFromSaleOfMachineryAndEquipment
69238000 usd
CY2023 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
0 usd
CY2022 us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
40705000 usd
CY2023 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
15397000 usd
CY2022 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
15270000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5140000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
6630000 usd
CY2023 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
4147000 usd
CY2022 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
3974000 usd
CY2023 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
2189000 usd
CY2022 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-92780000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-194376000 usd
CY2023 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
625727000 usd
CY2022 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
284000000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
665480000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
228840000 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5245000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5793000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3655000 usd
CY2023 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3241000 usd
CY2022 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3268000 usd
CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
274000 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
335000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
9431000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-57944000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
43327000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
79013000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6625000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89016000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95641000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
168029000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89016000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
76913000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
63544000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
505000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2242000 usd
CY2023 wlfc Transfer From Inventory To Equipment Held For Lease
TransferFromInventoryToEquipmentHeldForLease
6898000 usd
CY2022 wlfc Transfer From Inventory To Equipment Held For Lease
TransferFromInventoryToEquipmentHeldForLease
0 usd
CY2023 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
1901000 usd
CY2022 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
7183000 usd
CY2023 wlfc Transfers From Equipment Held For Operating Lease To Spare Parts Inventory
TransfersFromEquipmentHeldForOperatingLeaseToSparePartsInventory
667000 usd
CY2022 wlfc Transfers From Equipment Held For Operating Lease To Spare Parts Inventory
TransfersFromEquipmentHeldForOperatingLeaseToSparePartsInventory
1906000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
542000 usd
CY2023 wlfc Non Cash Additions To Equipment Held For Operating Leases
NonCashAdditionsToEquipmentHeldForOperatingLeases
2817000 usd
CY2022 wlfc Non Cash Additions To Equipment Held For Operating Leases
NonCashAdditionsToEquipmentHeldForOperatingLeases
1148000 usd
CY2023 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
75000 usd
CY2022 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
84000 usd
CY2023Q4 wlfc Deferred In Substance Fixed Payment Use Fees
DeferredInSubstanceFixedPaymentUseFees
28400000 usd
CY2022Q4 wlfc Deferred In Substance Fixed Payment Use Fees
DeferredInSubstanceFixedPaymentUseFees
6300000 usd
CY2023Q4 wlfc Lease Rent Receivable Past Due
LeaseRentReceivablePastDue
10500000 usd
CY2023Q4 wlfc Maintenance Reserve Receivable Past Due
MaintenanceReserveReceivablePastDue
8900000 usd
CY2023 wlfc Lease Rent And Maintenance Reserve Payments Receivable Past Due Period Minimum
LeaseRentAndMaintenanceReservePaymentsReceivablePastDuePeriodMinimum
P30D
CY2023Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
1700000 usd
CY2023 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
2000000 usd
CY2022 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2023 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
2400000 usd
CY2022 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
21800000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12146000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
160958000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
76870000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
168029000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
89016000 usd
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4800000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4400000 usd
CY2023 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">Interest Rate Hedging</span><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company enters into various derivative instruments periodically to mitigate the exposure on variable rate borrowings. The derivative instruments are fixed-rate interest swaps that are recorded at fair value as either an asset or liability.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">While substantially all of the Company’s derivative transactions are entered into for the purposes described above, hedge accounting is only applied when specific criteria have been met and it is practicable to do so. In order to apply hedge accounting, the transaction must be designated as a hedge and it must be highly effective. The hedging instrument’s effectiveness is assessed utilizing both a dollar offset and regression testing approach at the inception of the hedge and either a dollar offset and regression testing approach or qualitative analysis on at least a quarterly basis throughout its life. All of the transactions that the Company has designated as hedges are cash flow hedges. The effective portion of the change in fair value on a derivative instrument designated as a cash flow hedge is reported as a component of other comprehensive income and is reclassified into earnings in the period during which the transaction being hedged affects earnings. The ineffective portion of the hedges is recorded in earnings in the current period.</span></div>
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7071000 usd
CY2023Q4 wlfc Prepaid Deposits
PrepaidDeposits
5800000 usd
CY2022Q4 wlfc Prepaid Deposits
PrepaidDeposits
7000000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">Management Estimates</span><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">These financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States (“U.S.”).</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. Management evaluates estimates on an ongoing basis, including those related to residual values, estimated asset lives, impairments, bad debts and credit losses. Estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management believes that the accounting policies on revenue recognition, useful life of equipment, asset residual values, asset impairment, allowance for doubtful accounts, and allowance for credit losses are critical to the results of operations.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">If the useful lives or residual values are lower than those estimated, upon sale of the asset a loss may be realized. Significant management judgment is required in the forecasting of future operating results, which are used in the preparation of projected undiscounted cash flows and should different conditions prevail, material impairment write-downs may occur.</span></div>
CY2023Q4 wlfc Equity Method Investment Equity Ownership Of The Venture
EquityMethodInvestmentEquityOwnershipOfTheVenture
0.50
CY2023Q4 wlfc Equity Method Investment Equity Ownership Of The Venture
EquityMethodInvestmentEquityOwnershipOfTheVenture
0.50
CY2023 wlfc Amortization Of Lease Acquisition Costs
AmortizationOfLeaseAcquisitionCosts
1400000 usd
CY2022 wlfc Amortization Of Lease Acquisition Costs
AmortizationOfLeaseAcquisitionCosts
900000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:6.34pt">Risk Concentrations</span><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments which potentially subject us to concentrations of credit risk consist principally of cash deposits, lease receivables and interest rate swaps.</span></div><div style="text-align:justify;text-indent:18pt"><span><br/></span></div><div style="text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company places its cash deposits, which exceed federally insured limits, with financial institutions and other credit-worthy institutions, such as money market funds, and limits the amount of credit exposure to any one party. Management opts for security of principal as opposed to yield. Concentrations of credit risk with respect to lease receivables are limited due to the large number of customers comprising the customer base, and their dispersion across different geographic areas. Some lessees are required to make payments for maintenance reserves at the end of the lease however, this risk is considered limited due to the relatively few lessees which have this provision in the lease. The Company enters into interest rate swap agreements with counterparties that are investment grade financial institutions.</span></div>
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8652000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11382000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7941000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
10365000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y5M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.046
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.049
CY2023Q4 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
92600000 usd
CY2023Q4 wlfc Maintenance Rights
MaintenanceRights
9200000 usd
CY2023Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
8800000 usd
CY2023Q4 wlfc Number Of Leased Assets
NumberOfLeasedAssets
337 engine
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
3341000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2797000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
822000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
604000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
409000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
626000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8599000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
658000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
7941000 usd
CY2023Q4 wlfc Lessee Noncancelable Operating Lease Liability To Be Paid Year One
LesseeNoncancelableOperatingLeaseLiabilityToBePaidYearOne
3363000 usd
CY2023Q4 wlfc Lessee Noncancelable Operating Lease Liability To Be Paid Year Two
LesseeNoncancelableOperatingLeaseLiabilityToBePaidYearTwo
2797000 usd
CY2023Q4 wlfc Lessee Noncancelable Operating Lease Liability To Be Paid Year Three
LesseeNoncancelableOperatingLeaseLiabilityToBePaidYearThree
822000 usd
CY2023Q4 wlfc Lessee Noncancelable Operating Lease Liability To Be Paid Year Four
LesseeNoncancelableOperatingLeaseLiabilityToBePaidYearFour
604000 usd
CY2023Q4 wlfc Lessee Noncancelable Operating Lease Liability To Be Paid Year Five
LesseeNoncancelableOperatingLeaseLiabilityToBePaidYearFive
409000 usd
CY2023Q4 wlfc Lessee Noncancelable Operating Lease Liability To Be Paid After Year Five
LesseeNoncancelableOperatingLeaseLiabilityToBePaidAfterYearFive
626000 usd
CY2023Q4 wlfc Lessee Noncancelable Operating Lease Liability To Be Paid
LesseeNoncancelableOperatingLeaseLiabilityToBePaid
8621000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
3709000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
1692000 usd
CY2023 us-gaap Lease Cost
LeaseCost
3709000 usd
CY2022 us-gaap Lease Cost
LeaseCost
1692000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
3327000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
1388000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
307000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6478000 usd
CY2023 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
0 usd
CY2023 us-gaap Revenues
Revenues
418555000 usd
CY2022 us-gaap Interest Income Operating
InterestIncomeOperating
7579000 usd
CY2022 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
3133000 usd
CY2022 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
3116000 usd
CY2022 us-gaap Revenues
Revenues
311927000 usd
CY2023Q4 wlfc Equipment Held For Operating Lease
EquipmentHeldForOperatingLease
2112800000 usd
CY2023Q4 wlfc Number Of Leased Assets
NumberOfLeasedAssets
12 aircraft
CY2023Q4 wlfc Number Of Leased Assets
NumberOfLeasedAssets
1 marine_vessel
CY2022Q4 wlfc Equipment Held For Operating Lease
EquipmentHeldForOperatingLease
2111900000 usd
CY2022Q4 us-gaap Long Term Accounts Notes And Loans Receivable Net Noncurrent
LongTermAccountsNotesAndLoansReceivableNetNoncurrent
81400000 usd
CY2022Q4 wlfc Maintenance Rights
MaintenanceRights
17700000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
6400000 usd
CY2022Q4 wlfc Number Of Leased Assets
NumberOfLeasedAssets
339 engine
CY2022Q4 wlfc Number Of Leased Assets
NumberOfLeasedAssets
13 aircraft
CY2022Q4 wlfc Number Of Leased Assets
NumberOfLeasedAssets
1 marine_vessel
CY2023 us-gaap Interest Income Operating
InterestIncomeOperating
8700000 usd
CY2022 us-gaap Interest Income Operating
InterestIncomeOperating
7600000 usd
CY2023 wlfc Number Of Geographic Regions In Which Aircraft Lessees Are Domiciled In
NumberOfGeographicRegionsInWhichAircraftLesseesAreDomiciledIn
7 region
CY2023Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
2112837000 usd
CY2022Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
2111935000 usd
CY2023Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
2112837000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
158408000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
78803000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
50926000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
36122000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
6431000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
45031000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
375721000 usd
CY2021Q4 us-gaap Equity Method Investments
EquityMethodInvestments
55927000 usd
CY2022 wlfc Income Loss From Equity Method Investments Excluding Amortization On Deferred Gains
IncomeLossFromEquityMethodInvestmentsExcludingAmortizationOnDeferredGains
-62000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1373000 usd
CY2022 wlfc Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Joint Venture
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxJointVenture
1697000 usd
CY2022Q4 us-gaap Equity Method Investments
EquityMethodInvestments
56189000 usd
CY2023 wlfc Income Loss From Equity Method Investments Excluding Amortization On Deferred Gains
IncomeLossFromEquityMethodInvestmentsExcludingAmortizationOnDeferredGains
2908000 usd
CY2023 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-523000 usd
CY2023 wlfc Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Joint Venture
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxJointVenture
-530000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
58044000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1827059000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1862089000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
24178000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
14811000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1802881000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
1847278000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
73206000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
424958000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
271175000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
193761000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
239778000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
624181000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1827059000 usd
CY2023 us-gaap Interest Income Interest Earning Asset Increase Decrease
InterestIncomeInterestEarningAssetIncreaseDecrease
200000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
73853000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
11864000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-6723000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-2071000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
67130000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9793000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2449000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1387000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-139000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3697000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
16338000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
3314000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
19652000 usd
CY2023 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
18787000 usd
CY2023 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
4701000 usd
CY2023 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
-139000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23349000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
128000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2161000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2289000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3758000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1693000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2065000 usd
CY2022 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
3758000 usd
CY2022 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-1565000 usd
CY2022 us-gaap Foreign Income Tax Expense Benefit Continuing Operations
ForeignIncomeTaxExpenseBenefitContinuingOperations
2161000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4354000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
14097000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2057000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4410000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1593000 usd
CY2023 wlfc Effective Income Tax Rate Reconciliation Foreign Income Taxes Paid Refunded Amount
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxesPaidRefundedAmount
-169000 usd
CY2022 wlfc Effective Income Tax Rate Reconciliation Foreign Income Taxes Paid Refunded Amount
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxesPaidRefundedAmount
1509000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
545000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
666000 usd
CY2023 wlfc Income Tax Reconciliation Permanent Differences Relating To Irs Section162m
IncomeTaxReconciliationPermanentDifferencesRelatingToIRSSection162m
2929000 usd
CY2022 wlfc Income Tax Reconciliation Permanent Differences Relating To Irs Section162m
IncomeTaxReconciliationPermanentDifferencesRelatingToIRSSection162m
2180000 usd
CY2023 wlfc Income Tax Reconciliation Nondeductible Expense Permanent Differences And Other Adjustments
IncomeTaxReconciliationNondeductibleExpensePermanentDifferencesAndOtherAdjustments
1537000 usd
CY2022 wlfc Income Tax Reconciliation Nondeductible Expense Permanent Differences And Other Adjustments
IncomeTaxReconciliationNondeductibleExpensePermanentDifferencesAndOtherAdjustments
-465000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23349000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4354000 usd
CY2023 wlfc Effective Income Tax Rate Reconciliation Subpart F Income From Foreign Operations Amount
EffectiveIncomeTaxRateReconciliationSubpartFIncomeFromForeignOperationsAmount
1300000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
11000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
435000 usd
CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5000 usd
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
449000 usd
CY2023Q4 wlfc Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Lease Revenue
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedLeaseRevenue
9614000 usd
CY2022Q4 wlfc Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Lease Revenue
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedLeaseRevenue
3867000 usd
CY2023Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
167000 usd
CY2022Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
2000 usd
CY2023Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2426000 usd
CY2022Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2123000 usd
CY2023Q4 wlfc Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReservesAndAllowances
5471000 usd
CY2022Q4 wlfc Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves And Allowances
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReservesAndAllowances
4425000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
29231000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
15973000 usd
CY2023Q4 wlfc Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
934000 usd
CY2022Q4 wlfc Deferred Tax Assets Lease Liabilities
DeferredTaxAssetsLeaseLiabilities
1366000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
51240000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
67595000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
33000 usd
CY2023Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
2000 usd
CY2022Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
2000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
99085000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
95386000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
978000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
536000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
98107000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
94850000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
231694000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
208389000 usd
CY2023Q4 wlfc Deferred Tax Liabilities Notes Receivable
DeferredTaxLiabilitiesNotesReceivable
5405000 usd
CY2022Q4 wlfc Deferred Tax Liabilities Notes Receivable
DeferredTaxLiabilitiesNotesReceivable
5479000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
930000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
1360000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4622000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4590000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
242651000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
219818000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
3235000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other Comprehensive Income
DeferredTaxLiabilitiesOtherComprehensiveIncome
7548000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
147779000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
132516000 usd
CY2023Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
90300000 usd
CY2022Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
83500000 usd
CY2023Q4 wlfc Investment In Sales Type Leases Fair Value Disclosure
InvestmentInSalesTypeLeasesFairValueDisclosure
8700000 usd
CY2022Q4 us-gaap Sales Type Lease Net Investment In Lease After Allowance For Credit Loss
SalesTypeLeaseNetInvestmentInLeaseAfterAllowanceForCreditLoss
6400000 usd
CY2023Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
1598500000 usd
CY2022Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
1540200000 usd
CY2023 wlfc Gain Loss On Equipment Held For Lease
GainLossOnEquipmentHeldForLease
4083000 usd
CY2022 wlfc Gain Loss On Equipment Held For Lease
GainLossOnEquipmentHeldForLease
21771000 usd
CY2023 wlfc Gain Loss On Equipment Held For Sale
GainLossOnEquipmentHeldForSale
315000 usd
CY2022 wlfc Gain Loss On Equipment Held For Sale
GainLossOnEquipmentHeldForSale
78000 usd
CY2023 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
4398000 usd
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
21849000 usd
CY2023 wlfc Number Of Assets Impaired
NumberOfAssetsImpaired
5 engine
CY2023 wlfc Number Of Assets Impaired
NumberOfAssetsImpaired
2 airframe
CY2022 wlfc Number Of Assets Impaired
NumberOfAssetsImpaired
4 engine
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40372000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2105000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6305000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6071000 shares
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
176000 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
226000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6481000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6297000 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.40
CY2022 us-gaap Earnings Per Share Basic
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CY2023 us-gaap Earnings Per Share Diluted
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CY2022 us-gaap Stock Repurchased During Period Value
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CY2022 wlfc Stock Repurchased Average Cost Per Share
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CY2023Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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39600000 usd
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CY2023 us-gaap Allocated Share Based Compensation Expense
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14802000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2023 wlfc Defined Contribution Plan Maximum Percentage Of Pre Tax Salary That Could Be Deferred By Participants
DefinedContributionPlanMaximumPercentageOfPreTaxSalaryThatCouldBeDeferredByParticipants
0.75
CY2023 wlfc Defined Contribution Plan Maximum Amount Of Pre Tax Salary That Could Be Deferred By Participants
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22500 usd
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30000 usd
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15000 usd
CY2023 wlfc Defined Contribution Plan Minimum Age Of Employees For Specified Contribution Amount
DefinedContributionPlanMinimumAgeOfEmployeesForSpecifiedContributionAmount
P50Y
CY2023 us-gaap Defined Contribution Plan Cost Recognized
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900000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
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700000 usd
CY2023 us-gaap Number Of Operating Segments
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2 segment
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
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CY2023 us-gaap Interest Income Operating
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CY2023 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
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CY2023 us-gaap Revenues
Revenues
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CY2023 us-gaap Depreciation And Amortization
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CY2023 us-gaap Selling Expense
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CY2023 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
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CY2023 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2023 us-gaap Equipment Expense
EquipmentExpense
20220000 usd
CY2023 us-gaap Interest Expense
InterestExpense
78795000 usd
CY2023 wlfc Finance Costs Net
FinanceCostsNet
78795000 usd
CY2023 us-gaap Costs And Expenses
CostsAndExpenses
354333000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
64222000 usd
CY2022 us-gaap Interest Income Operating
InterestIncomeOperating
7579000 usd
CY2022 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
3133000 usd
CY2022 us-gaap Gain Loss On Sale Of Notes Receivable
GainLossOnSaleOfNotesReceivable
3116000 usd
CY2022 us-gaap Revenues
Revenues
311927000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
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CY2022 us-gaap Selling Expense
SellingExpense
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CY2022 us-gaap Production Related Impairments Or Charges
ProductionRelatedImpairmentsOrCharges
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CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2022 us-gaap Equipment Expense
EquipmentExpense
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CY2022 us-gaap Interest Expense
InterestExpense
66743000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2558000 usd
CY2022 wlfc Finance Costs Net
FinanceCostsNet
64185000 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
302072000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
9855000 usd
CY2023Q4 us-gaap Assets
Assets
2652344000 usd
CY2022Q4 us-gaap Assets
Assets
2575217000 usd

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