Frontier Airlines 2007 Annual Report Download - page 63

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REPUBLIC AIRWAYS HOLDINGS INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
AS OF DECEMBER 31, 2007 AND 2006
(In thousands, except share and per share amounts)
2007 2006
ASSETS
Current Assets:
Cash and cash equivalents $ 164,004 $ 195,528
Receivables—net of allowance for doubtful accounts of $897 and $340, respectively 27,585 19,639
Inventories—net 43,424 31,821
Prepaid expenses and other current assets 9,928 11,411
Restricted cash 1,226 1,238
Deferred income taxes 7,510 3,467
Total current assets 253,677 263,104
Aircraft and other equipment—net 2,308,726 1,889,717
Intangible and other assets 197,340 192,285
Goodwill 13,335 13,335
Total $ 2,773,078 $ 2,358,441
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Current portion of long-term debt $ 131,700 $ 86,688
Accounts payable 35,201 23,899
Accrued liabilities 109,792 92,458
Total current liabilities 276,693 203,045
Long-term debt—less current portion 1,781,880 1,482,115
Deferred credits and other non current liabilities 104,115 23,566
Deferred income taxes 184,304 140,886
Total liabilities 2,346,992 1,849,612
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; 150,000,000 shares authorized; 43,474,466 and
42,708,743 shares issued and 36,407,572 and 42,708,743 shares outstanding, respectively 43 43
Additional paid-in capital 293,127 281,826
Warrants — 8,574
Treasury stock, at cost, 7,066,894 shares (142,411) —
Accumulated other comprehensive loss (3,009) (3,877)
Accumulated earnings 278,336 222,263
Total stockholders' equity 426,086 508,829
Total $ 2,773,078 $ 2,358,441
See accompanying notes to consolidated financial statements.
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Source: REPUBLIC AIRWAYS HOLDINGS INC, 10-K, February 21, 2008 Powered by Morningstar® Document Research℠