Airtran 2007 Annual Report Download - page 48

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42
AirTran Holdings, Inc.
Consolidated Balance Sheets (Continued)
(In thousands, except per share data)
Decembe
r
31
,
2007 2006
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable....................................................................................................................... $ 50,644 $ 35,050
Accrued and other liabilities....................................................................................................... 137,896 120,653
Air traffic liability...................................................................................................................... 219,923 155,539
Current portion of capital lease obligations................................................................................. 1,036 876
Current portion of long-term debt............................................................................................... 98,635 85,969
Total current liabilities ...................................................................................................... 508,134 398,087
Long-term capital lease obligations ..................................................................................................... 11,915 12,979
Long-term debt ................................................................................................................................... 946,303 711,286
Other liabilities ................................................................................................................................... 99,575 101,947
Deferred income taxes......................................................................................................................... 31,434 —
Derivative financial instruments .......................................................................................................... 4,755 —
Commitments and Contingencie
s
Stockholders’ Equity:
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 91,886 and 91,160
shares issued and outstanding at December 31, 2007 and 2006, respectively ........................... 92 91
Additional paid-in capital........................................................................................................... 396,824 389,043
Accumulated earnings (deficit)................................................................................................... 48,084 (4,599)
Accumulated other comprehensive income (loss)........................................................................ 1,350 (5,252)
Total stockholders’ equity................................................................................................. 446,350 379,283
Total liabilities and stockholders’ equity $ 2,048,466 $ 1,603,582
See accompanying notes to Consolidated Financial Statements.