Company Information

  

Address: 19300 INTERNATIONAL BOULEVARD  
City: SEATTLE 
State: WA 
Zip Code: 98188 
Telephone: 206-392-5040 

Description of Business

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

Air Group operates Alaska, Virgin America and Horizon Air. We completed the acquisition of Virgin America on December 14, 2016, at which time Virgin America became our wholly-owned subsidiary. Together with our regional partner airlines, we fly to 118 destinations with nearly 1,200 daily departures through our expansive network across the United States, Mexico, Canada, Costa Rica and Cuba. With our global airline partners, we can provide our guests with a virtual network of more than 900 destinations worldwide. During 2016, we carried an all-time high 34 million guests and earned adjusted net income of $911 million, which includes operating and financial results for Virgin America for the period December 14, 2016 through December 31, 2016, and excludes pretax special items and merger-related costs of $117 million. Our acquisition of Virgin America positions us as the fifth largest airline in the U.S., with an unparalleled ability to serve West Coast travelers.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20176.220.30012.26
06/20176.150.30014.60
03/20175.870.30015.71
12/20166.54NA13.57
09/20167.140.2759.22
12/20156.56NA12.27
09/20156.160.20012.90
06/20155.410.20011.91

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity-2.45Total Liab/Total Assets0.71
Net Inc/Total Assets0.08Total Liab/Inv Cap0.99
Net Inc/Inv Cap0.11Total Liab/Comm Equity-21.18
Pretax Inc/Net Sales0.23Interest Coverage Ratio45.83
Net Inc/Net Sales0.14Curr Debt/Equity0.11
Cash Flow/Net Sales0.23LTD/Equity0.90
SG&A/NetSales0.37Total Debt/Equity1.01
Asset Utilization   Liquidity  
Net Receivables Turnover23.08Quick Ratio0.79
Inventory Turnover38.94Current Ratio0.81
Inventory Day Sales0.11Net Rec/Curr Assets0.15
Net Sales/Work Cap-12.23Inv/Curr Assets0.02
Net Sales/PP&E1.05  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 2,120.00 2,102.00 1,749.00 1,524.00
Cost of Goods Sold 776.00 735.00 732.00 530.00
Selling & Admin Exps 786.00 760.00 721.00 590.00
Operating Income 439.00 493.00 166.00 241.00
Interest Exp 21.00 22.00 21.00 18.00
Pretax Income 427.00 479.00 152.00 231.00
Other Income 9.00 8.00 7.00 8.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 266.00 296.00 99.00 114.00

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 1,740.00 1,922.00 1,710.00 1,580.00
Receivables - Total 301.00 326.00 321.00 302.00
Inventories - Total 57.00 52.00 50.00 47.00
Total Current Assets 2,214.00 2,425.00 2,213.00 2,050.00
Net Property, Plant & Equipment 6,230.00 6,002.00 5,809.00 5,666.00
Total Assets 10,739.00 10,720.00 10,302.00 9,962.00
Liabilities        
Accounts Payable 1,328.00 1,382.00 1,285.00 1,367.00
Debt in Current Liabilities 334.00 337.00 332.00 319.00
Total Current Liabilities 2,765.00 2,974.00 2,835.00 2,535.00
Long-Term Debt 2,367.00 2,469.00 2,531.00 2,645.00
Total Liabilities 7,248.00 7,456.00 7,288.00 7,031.00
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 1.00 1.00 1.00 1.00
Retained Earnings 4,117.00 3,888.00 3,629.00 3,568.00
Treasury Stock -494.00 -466.00 -443.00 -443.00
Total Stockholders' Equity 3,491.00 3,264.00 3,014.00 2,931.00
Total Liabilities and Stockholders' Equity 10,739.00 10,720.00 10,302.00 9,962.00

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 273.00 614.00 470.00 180.00
Net Cash Provided by Investing Activities -171.00 -483.00 -488.00 -1,981.00
Net Cash Provided by Financing Activities -156.00 -116.00 -127.00 311.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20124,657.00316.002.20
12/20135,156.00508.003.58
12/20145,368.00605.004.42
12/20155,598.00848.006.56
12/20165,931.00814.006.54
Growth Rates6.2326.6931.31

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17596110,49889.80




Report Date : 12/4/2017

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