| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 111,834 | 36,964 | ||
| Restricted cash | 22,998 | 16,346 | ||
| Investments | 64,391 | 101,337 | ||
| Accounts receivable, net of an allowance for credit losses of 464 and 617, respectively | 50,113 | 35,265 | ||
| Short-term lessor maintenance deposits | 1,146 | 1,146 | ||
| Inventory, net of a reserve for obsolescence of 1,081 and 784, respectively | 11,672 | 11,302 | ||
| Prepaid expenses | 18,143 | 15,216 | ||
| Other current assets | 4,504 | 4,717 | ||
| Total current assets | 284,801 | 222,293 | ||
| Property & equipment, net-Air Transportation Equipment | 801,488 | 799,515 | ||
| Property & equipment, net-Aircraft And Flight Equipment Held For Operating Lease | 93,548 | 93,548 | ||
| Property & equipment, net-Leasehold Improvements | 50,683 | 49,124 | ||
| Property & equipment, net-Computer Equipment | 25,028 | 23,729 | ||
| Finance lease assets | 309,877 | 309,877 | ||
| Property & equipment, net-Rotable Parts | 31,059 | 26,498 | ||
| Total property & equipment | 1,311,683 | 1,302,291 | ||
| Accumulated depreciation & amortization | 396,292 | 374,139 | ||
| Total property & equipment, net | 915,391 | 928,152 | ||
| Goodwill | 222,223 | 222,223 | ||
| Other intangible assets, net of accumulated amortization of 33,411 and 29,903, respectively | 74,330 | 75,412 | ||
| Operating lease right-of-use assets | 14,930 | 15,591 | ||
| Aircraft deposits | 7,925 | 7,925 | ||
| Long-term lessor maintenance deposits | 63,399 | 59,571 | ||
| Other assets | 20,936 | 20,942 | ||
| Total other assets | 403,743 | 401,664 | ||
| Total assets | 1,603,935 | 1,552,109 | ||
| Accounts payable | 51,729 | 56,532 | ||
| Accrued salaries, wages, and benefits | 39,952 | 36,931 | ||
| Accrued transportation taxes | 16,230 | 14,795 | ||
| Air traffic liabilities | 144,430 | 106,599 | ||
| Finance lease obligations | 21,166 | 20,830 | ||
| Loyalty program liabilities | 10,067 | 9,481 | ||
| Operating lease obligations | 3,517 | 3,435 | ||
| Current maturities of long-term debt, net | 74,650 | 81,438 | ||
| Income tax receivable agreement liability | 1,192 | 11,720 | ||
| Other current liabilities | 13,480 | 12,941 | ||
| Total current liabilities | 376,413 | 354,702 | ||
| Finance lease obligations | 235,086 | 240,505 | ||
| Loyalty program liabilities | 4,578 | 4,916 | ||
| Operating lease obligations | 14,697 | 15,605 | ||
| Long-term debt, net | 226,640 | 200,629 | ||
| Deferred tax liability | 36,328 | 33,663 | ||
| Income tax receivable agreement liability | 85,977 | 75,449 | ||
| Other long-term liabilities | 14,004 | 13,595 | ||
| Total long-term liabilities | 617,310 | 584,362 | ||
| Total liabilities | 993,723 | 939,064 | ||
| Common stock, with 0.01 par value, 995,000,000 shares authorized, 60,531,661 and 59,500,970 issued and 52,714,634 and 53,157,964 outstanding at september30, 2025 and december31, 2024, respectively | 605 | 603 | ||
| Treasury stock, at cost, 7,817,027 and 6,343,006 shares held at september30, 2025 and december31, 2024, respectively | 125,936 | 115,866 | ||
| Additional paid-in capital | 543,717 | 538,096 | ||
| Retained earnings | 191,796 | 190,244 | ||
| Accumulated other comprehensive income (loss) | 30 | -32 | ||
| Total stockholders' equity | 610,212 | 613,045 | ||
| Total liabilities and stockholders' equity | 1,603,935 | 1,552,109 | ||
Sun Country Airlines Holdings, Inc. (SNCY)
Sun Country Airlines Holdings, Inc. (SNCY)