SkyWest Airlines 2012 Annual Report Download - page 69

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Auction Rate Securities
We have investments in auction rate securities, which are classified as available for sale securities
and reflected at fair value. As of December 31, 2012, we had investments in auction rate securities
valued at a total of $3.8 million which were classified as Other assets on our consolidated balance
sheet. For a more detailed discussion on auction rate securities, including our methodology for
estimating their fair value, see Note 8 to our consolidated financial statements appearing in Item 8 of
this Report.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
The information set forth below should be read together with the ‘‘Management’s Discussion and
Analysis of Financial Condition and Results of Operations,’’ appearing elsewhere herein.
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