SKYWEST INC
For the period ended Mar 31, 2024. Filed Apr 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed Apr 26, 2024
SKYW$83.76+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(In Thousands)
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Three months ended | ||||||
| · · March 31, | ||||||
| · 2024 · 2023 | ||||||
| NET CASH PROVIDED BY OPERATING ACTIVITIES | | $157,648 | | $150,203 | ||
| | | | | | | |
| CASH FLOWS FROM INVESTING ACTIVITIES: | | | | | | |
| Purchases of marketable securities | | (337,694) | | | (289,116) | |
| Sales of marketable securities | | 383,282 | | | 373,492 | |
| Acquisition of property and equipment: | | | | | | |
| Aircraft and rotable spare parts | | (33,525) | | | (92,953) | |
| Buildings and ground equipment | | (4,250) | | | (10,319) | |
| Proceeds from the sale of property and equipment | | 2,212 | | | 2,162 | |
| Decrease (increase) in other assets | | (10,579) | | | 19,766 | |
| NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES | | (554) | | 3,032 | ||
| | | | | | | |
| CASH FLOWS FROM FINANCING ACTIVITIES: | | | | | | |
| Proceeds from issuance of long-term debt | | — | | | 25,000 | |
| Principal payments on long-term debt | | (111,158) | | | (107,276) | |
| Payment of debt issuance cost | | | — | | | (108) |
| Net proceeds from issuance of common stock | | 1,446 | | | 1,275 | |
| Employee income tax paid on vested equity awards | | | (6,930) | | | (585) |
| Purchase of treasury stock | | (8,750) | | | (100,001) | |
| NET CASH USED IN FINANCING ACTIVITIES | | (125,392) | | (181,695) | ||
| | | | | | | |
| Increase (decrease) in cash and cash equivalents | | 31,702 | | | (28,460) | |
| Cash and cash equivalents at beginning of period | | 148,277 | | | 102,984 | |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | | $179,979 | | $74,524 | ||
| | | | | | | |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | | | | | | |
| Non-cash investing and financing activities: | | | | | | |
| Acquisition of property and equipment | | $6,575 | | $4,649 | ||
| Derecognition of right of use assets | | $— | | $(35,062) | ||
| Derecognition of operating lease liabilities | | $— | | $35,062 | ||
| Cash paid during the period for: | | | | | | |
| Interest, net of capitalized amounts | | $30,362 | | $33,838 | ||
| Income taxes | | $42 | | $533 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.