Frontier Airlines 2006 Annual Report Download - page 79

REPUBLIC AIRWAYS HOLDINGS INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
AS OF DECEMBER 31, 2006 AND 2005
(In thousands, except share and per share amounts)
2006 2005
ASSETS
Current Assets:
Cash and cash equivalents $ 195,528 $ 162,005
Receivables—net of allowance for doubtful accounts of $340 and $343, respectively 19,639 16,701
Inventories—net 31,821 18,756
Prepaid expenses and other current assets 11,411 13,841
Restricted cash 1,238 1,218
Deferred income taxes 3,467 3,656
Total current assets 263,104 216,177
Aircraft and other equipment—net 1,889,717 1,662,236
Intangible and other assets 192,285 144,199
Goodwill 13,335 13,335
Total $ 2,358,441 $ 2,035,947
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Current portion of long-term debt $ 86,688 $ 73,935
Accounts payable 23,899 13,353
Accrued liabilities 92,458 71,648
Total current liabilities 203,045 158,936
Long-term debt—less current portion 1,482,115 1,339,505
Deferred credits and other non current liabilities 23,566 23,137
Deferred income taxes 140,886 89,671
Total liabilities 1,849,612 1,611,249
Commitments and contingencies
Stockholders' Equity:
Preferred stock, $.001 par value; 5,000,000 shares authorized; no shares issued or
outstanding
Common stock, $.001 par value; one vote per share; 75,000,000 shares
authorized; 42,708,743 and 41,787,685 shares
issued and outstanding, respectively
43 42
Additional paid-in capital 281,826 277,505
Warrants 8,574 8,574
Accumulated other comprehensive loss (3,877) (4,176)
Accumulated earnings 222,263 142,753
Total stockholders' equity 508,829 424,698
Total $ 2,358,441 $ 2,035,947
See accompanying notes to consolidated financial statements.
Source: REPUBLIC AIRWAYS HOLDINGS INC, 10-K, March 15, 2007 Powered by Morningstar® Document Research℠