SkyWest Airlines 2013 Annual Report Download - page 69
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SKYWEST, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS (Continued)
(Dollars in thousands)
LIABILITIES AND STOCKHOLDERS’ EQUITY
December 31, December 31,
2013 2012
CURRENT LIABILITIES:
Current maturities of long-term debt ............................ $ 177,389 $ 171,454
Accounts payable .......................................... 245,518 222,671
Accrued salaries, wages and benefits ............................ 133,002 121,352
Accrued aircraft rents ...................................... 7,492 12,745
Taxes other than income taxes ................................ 19,626 22,353
Income tax payable ........................................ — 1,255
Other current liabilities ..................................... 37,437 39,595
Total current liabilities .................................... 620,464 591,425
OTHER LONG TERM LIABILITIES ............................ 76,305 57,422
LONG TERM DEBT, net of current maturities ..................... 1,293,179 1,470,568
DEFERRED INCOME TAXES PAYABLE ........................ 727,358 657,620
DEFERRED AIRCRAFT CREDITS ............................. 80,974 90,427
COMMITMENTS AND CONTINGENCIES (Note 6)
STOCKHOLDERS’ EQUITY:
Preferred stock, 5,000,000 shares authorized; none issued ............. ——
Common stock, no par value, 120,000,000 shares authorized; 77,325,702
and 76,713,154 shares issued, respectively ....................... 618,511 609,763
Retained earnings ......................................... 1,197,819 1,147,117
Treasury stock, at cost, 26,095,636 and 25,280,364 shares, respectively .... (382,950) (371,211)
Accumulated other comprehensive income (Note 1) ................. 1,559 1,506
Total stockholders’ equity .................................. 1,434,939 1,387,175
Total liabilities and stockholders’ equity ........................ $4,233,219 $4,254,637
See accompanying notes to consolidated financial statements.
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