Company Information

  

Address: 1201 N. TOWN CENTER DRIVE  
City: LAS VEGAS 
State: NV 
Zip Code: 89144 
Telephone: 702-851-7300 

Description of Business

Primary SIC Code: 4512
(As filed with the SEC)  

We are a leisure travel company focused on providing travel services and products to residents of under-served cities in the United States. We were founded in 1997 and, in conjunction with our initial public offering in 2006, we incorporated in the state of Nevada. Our unique business model provides diversified revenue streams from various travel services and product offerings which distinguish us from other travel companies. We operate a low-cost passenger airline marketed primarily to leisure travelers in under-served cities, allowing us to sell air transportation both on a stand-alone basis and bundled with the sale of air-related and third party services and products. In addition, we provide air transportation under fixed fee flight arrangements.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/201812.820.70013.46
12/201711.930.70012.97
09/20179.330.70014.12
06/201710.670.70012.71
03/20179.440.70016.98
12/201613.210.70012.60
09/201614.120.7009.35
06/201614.080.70010.76

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.55Total Liab/Total Assets0.75
Net Inc/Total Assets0.09Total Liab/Inv Cap1.15
Net Inc/Inv Cap0.14Total Liab/Comm Equity-4.64
Pretax Inc/Net Sales0.13Interest Coverage Ratio6.02
Net Inc/Net Sales0.13Curr Debt/Equity0.39
Cash Flow/Net Sales0.26LTD/Equity1.73
SG&A/NetSales0.10Total Debt/Equity2.13
Asset Utilization   Liquidity  
Net Receivables Turnover26.92Quick Ratio0.95
Inventory Turnover56.38Current Ratio0.98
Inventory Day Sales0.15Net Rec/Curr Assets0.13
Net Sales/Work Cap-168.87Inv/Curr Assets0.03
Net Sales/PP&E0.99  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 425.44 378.56 348.77 396.44
Cost of Goods Sold 275.84 247.63 235.23 245.25
Selling & Admin Exps 41.48 40.37 38.73 36.71
Operating Income 79.97 26.17 42.92 84.36
Interest Exp 12.72 11.66 10.04 8.89
Pretax Income 69.39 16.43 34.73 77.43
Other Income 2.15 1.92 1.85 1.97
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 55.19 82.50 22.29 47.76

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 404.41 423.32 442.88 354.58
Receivables - Total 64.34 71.06 22.78 23.92
Inventories - Total 18.34 17.65 20.44 17.86
Total Current Assets 516.81 541.28 517.97 426.91
Net Property, Plant & Equipment 1,635.82 1,512.42 1,331.80 1,212.77
Total Assets 2,288.97 2,180.16 1,965.97 1,840.00
Liabilities        
Accounts Payable 149.25 125.24 103.46 128.84
Debt in Current Liabilities 154.85 214.76 165.84 116.39
Total Current Liabilities 560.87 550.18 493.85 483.07
Long-Term Debt 984.93 950.13 845.73 761.08
Total Liabilities 1,689.16 1,632.21 1,492.15 1,380.51
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.02 0.02 0.02 0.02
Retained Earnings 952.40 902.58 831.33 820.30
Treasury Stock -607.89 -605.66 -606.92 -606.35
Total Stockholders' Equity 599.80 547.95 473.83 459.49
Total Liabilities and Stockholders' Equity 2,288.97 2,180.16 1,965.97 1,840.00

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 172.93 94.74 33.25 116.59
Net Cash Provided by Investing Activities -65.36 -252.24 -96.76 -144.13
Net Cash Provided by Financing Activities -115.06 142.92 117.49 -16.76

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013996.1592.274.82
12/20141,137.0586.694.86
12/20151,262.19220.3712.94
12/20161,362.83219.5913.21
12/20171,503.78194.9011.93
Growth Rates10.8420.5625.43

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/1820514,52989.97




Report Date : 6/18/2018

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