Frontier Airlines 2010 Annual Report Download - page 97
Download and view the complete annual report
Please find page 97 of the 2010 Frontier Airlines 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.-
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
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87 -
88 -
89 -
90 -
91 -
92 -
93 -
94 -
95 -
96 -
97 -
98 -
99 -
100 -
101 -
102 -
103 -
104 -
105 -
106 -
107 -
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
 |
 |
The following table represents the allocation of the total consideration to tangible and intangible assets acquired and liabilities
assumed from Frontier based on Republic’ s estimate of their respective fair values (rounded to the nearest hundred):
(amounts in 000's) Amount
Total purchase consideration $108,800
Assets acquired:
Current assets * $318,700
Aircraft and other equipment—net 487,900
Other intangible assets 83,300
Other assets 180,300
Total assets acquired $1,070,200
Liabilities assumed:
Current liabilites $298,800
Long-term liabilities 360,500
Deferred income taxes 98,400
Total liabilities assumed $757,700
Gain on bargain purchase $(203,700 )
____________________
* Current assets include $37,000 of cash injected into Frontier from Republic.
The following table summarizes the identifiable intangible assets acquired:
(amounts in 000's)
Weighted-Average
Amortization
Period
Fair Value
at Acquisition
Date
Indefinite-lived intangible assets:
Airport slots Indefinite $5,800
Frontier trade name Indefinite 23,600
Total indefinite-lived intangible assets $ 29,400
Definite-lived intangible assets:
Affinity credit card programs 7.7 years $47,600