SkyWest Airlines 2010 Annual Report Download - page 106

ITEM 9. CHANGES IN AND DISAGREEMENTS ON ACCOUNTING AND FINANCIAL
DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES
Disclosure Controls and Procedures
Our management, including our Chief Executive Officer and Chief Financial Officer, performed an
evaluation of our disclosure controls and procedures, which have been designed to permit us to
effectively identify and timely disclose important information. Our management, including our Chief
Executive Officer and Chief Financial Officer, concluded that, as of December 31, 2010, those controls
and procedures were effective to ensure that material information was accumulated and communicated
to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate
to allow timely decisions regarding required disclosure.
Changes In Internal Control
Except as set forth below, during the three months ended December 31, 2010, we did not make
any changes in our internal control over financial reporting that have materially affected, or are
reasonably likely to materially affect, our internal control over financial reporting.
On November 12, 2010, we completed our purchase of ExpressJet. As permitted by the Securities
and Exchange Commission, management has elected to exclude ExpressJet from management’s
assessment of the effectiveness of our internal control over financial reporting for the year ended
December 31, 2010.
Management’s Annual Report on Internal Control Over Financial Reporting
Management is responsible for establishing and maintaining adequate internal control over
financial reporting, as such term is defined in Rules13a-15(f) and 15d-15(f) under the Securities
Exchange Act of 1934. Our internal control over financial reporting is designed to provide reasonable
assurance regarding the reliability of financial reporting and the preparation of financial statements for
external purposes in accordance with accounting principles generally accepted in the United States of
America.
Because of its inherent limitations, internal control over financial reporting may not prevent or
detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the
risk that controls may become inadequate because of changes in conditions, or that the degree of
compliance with the policies may deteriorate.
On November 12, 2010, we completed our purchase of ExpressJet. As permitted by the Securities
and Exchange Commission, management has elected to exclude ExpressJet from management’s
assessment of the effectiveness of our internal control over financial reporting as of December 31,
2010. Assets and revenues of ExpressJet represent 6% and 4%, respectively, of our total assets and
total revenues as reported in our consolidated financial statements as of and for the year ended
December 31, 2010. Management conducted an evaluation of the effectiveness of our internal control
over financial reporting as of December 31, 2010 using the criteria issued by the Committee of
Sponsoring Organizations of the Treadway Commission (COSO) in Internal Control—Integrated
Framework. Based on that evaluation, management believes that our internal control over financial
reporting was effective as of December 31, 2010.
The effectiveness of our internal control over financial reporting as of December 31, 2010, has
been audited by Ernst & Young LLP (‘‘Ernst & Young’’), the independent registered public accounting
firm who also has audited our Consolidated Financial Statements included in this Annual Report on
Form 10-K. Ernst & Young’s report on our internal control over financial reporting appears on the
following page.
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