Allegiant Travel CO

For the period ended Dec 31, 2024. Filed Mar 3, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 3, 2025

ALGT$94.69-2.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets as of December 31, 202 and

CONSOLIDATED BALANCE SHEETS

(in thousands, except share amounts)

	December 31, 2024	December 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$285,892	$143,259
Restricted cash	16,427	16,325
Short-term investments	495,234	671,414
Accounts receivable	90,407	70,743
Expendable parts, supplies and fuel, net of reserve of $12,597 and $10,284	36,070	36,335
Prepaid expenses and other current assets	67,575	63,054
TOTAL CURRENT ASSETS	991,605	1,001,130
Property and equipment (including $107,290 and $129,646 from VIEs, Note 6), net of accumulated depreciation of $1,067,194 and $964,866	3,069,949	3,430,103
Long-term investments	51,725	56,004
Deferred major maintenance, net of accumulated amortization of $165,333 and $143,275	173,892	170,032
Operating lease right-of-use assets, net	81,218	100,707
Deposits and other assets	61,464	$98,691
TOTAL ASSETS:	$4,429,853	$4,856,667
CURRENT LIABILITIES
Accounts payable	62,092	54,484
Accrued liabilities	327,404	292,335
Current operating lease liabilities	20,714	20,873
Air traffic liability	370,915	353,488
Current loyalty program liability	41,510	38,447
Current maturities of long-term debt and finance lease obligations (including $12,787 and $22,627 from VIEs, Note 6), net of related costs of $8,287 and $8,038	454,769	439,937
TOTAL CURRENT LIABILITIES	1,277,404	1,199,564
LONG-TERM DEBT AND OTHER NONCURRENT LIABILITIES
Long-term debt and finance lease obligations (including $94,950 and $107,737 from VIEs, Note 6), net of current maturities and related costs of $8,842 and $14,477	1,611,735	1,819,717
Deferred income taxes	315,593	384,602
Noncurrent operating lease liabilities	62,392	82,410
Noncurrent loyalty program liability	39,201	32,366
Other noncurrent liabilities	34,136	9,448
TOTAL LIABILITIES:	$3,340,461	$3,528,107
COMMITMENTS AND CONTINGENCIES (NOTE 13)
SHAREHOLDERS' EQUITY
Common stock, par value $0.001, 100,000,000 shares authorized; 25,580,445 and 25,501,823 shares issued; 18,407,799 and 18,269,090 shares outstanding in 2024 and 2023	26	26
Treasury shares, at cost, 7,172,646 and 7,232,733 shares in 2024 and 2023	(678,431)	(681,932)
Additional paid in capital	760,600	741,055
Accumulated other comprehensive income, net	3,949	3,991
Retained earnings	1,003,248	1,265,420
TOTAL EQUITY:	$1,089,392	$1,328,560
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY:	$4,429,853	$4,856,667

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.