Airtran 1999 Annual Report Download - page 30

Download and view the complete annual report

Please find page 30 of the 1999 Airtran annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 49

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49

(In thousands, except per share data)
December 31, 1999 1998
Liabilities and Stockholders’ Equity (Deficit)
Current liabilities:
Accounts payable $ 10,410 $ 13,252
Accrued liabilities 57,456 44,508
Air traffic liability 23,491 17,022
Current portion of long-term debt 19,569 8,929
Total current liabilities 110,926 83,711
Long-term debt, less current portion 396,119 237,065
Stockholders’ equity (deficit) :
Preferred stock, $.01 par value per share, 5,000 shares
authorized, no shares issued or outstanding ——
Common stock, $.001 par value per share, 1,000,000 shares authorized,
and 65,698 and 64,898 shares issued and outstanding at
December 31, 1999, and 1998, respectively 66 65
Additional paid-in capital 150,589 146,857
Accumulated deficit (190,686) (91,292)
Total stockholders’ equity (deficit) (40,031) 55,630
Total liabilities and stockholders’ equity (deficit) $ 467,014 $376,406
See accompanying notes to consolidated financial statements.