Allegiant Travel Company (ALGT) financial statements (2021 and earlier)

Company profile

Business Address 1201 N. TOWN CENTER DRIVE
LAS VEGAS, NV 89144
State of Incorp. NV
Fiscal Year End December 31
SIC 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments153122396412334333359
Cash and cash equivalents1531228259658790
Short-term investments  314353269246270
Restricted cash and investments   111210 
Receivables192263671411514
Inventory, net of allowances, customer advances and progress billings(4)(3)(14)(14)(7)(1)(3)
Inventory(4)(3)(14)(14)(7)(1)(3)
Prepaid expense 352924161824
Deferred costs(57)(34)(14)(8)   
Other current assets 105330
Other undisclosed current assets6604166240241638
Total current assets:944562495541422395434
Noncurrent Assets
Finance lease, right-of-use asset 112
Operating lease, right-of-use asset11622
Property, plant and equipment2,0502,2371,8471,5121,095886739
Long-term investments and receivables 2764851336557
Long-term investments 1652791256557
Accounts and financing receivable, after allowance for credit loss 111368  
Other noncurrent assets2244371712  
Other undisclosed noncurrent assets127755259610
Total noncurrent assets:2,3152,4492,0031,6391,250956806
TOTAL ASSETS:3,2593,0112,4992,1801,6721,3521,239
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities150189149174163162155
Accounts payable3428272016713
Accrued liabilities11616212210597109111
Employee-related liabilities   36393831
Interest and dividends payable   13128 
Deferred revenue308 
Debt217173152215867454
Deferred revenue and credits212    
Other undisclosed current liabilities14250 161143153154
Total current liabilities:689613514550393388363
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,4421,2491,119950722568539
Long-term debt, excluding current maturities1,4421,2491,119950722568539
Finance lease, liability117108
Operating lease, liability10221
Other undisclosed long-term debt and lease obligation(219)(129)     
Liabilities, other than long-term debt2434175132834643
Deferred tax liabilities, net164118754643
Other liabilities243411138  
Other undisclosed noncurrent liabilities404233     
Total noncurrent liabilities:1,8701,5151,2941,082805613582
Total liabilities:2,5602,1271,8081,6321,1981,002945
Stockholders' equity
Stockholders' equity attributable to parent699884690548474350293
Common stock0000000
Treasury stock, value(646)(618)(605)(606)(518)(453)(325)
Additional paid in capital330290271254238229221
Accumulated other comprehensive income (loss)(0)0(1)(3)(0)11
Retained earnings1,0161,2111,025903753574396
Stockholders' equity attributable to noncontrolling interest      1
Total stockholders' equity:699884690548474350294
TOTAL LIABILITIES AND EQUITY:3,2593,0112,4992,1801,6721,3521,239

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues9901,8411,6671,5041,3631,2621,137
Revenue, net818753736732
Cost of revenue
(Cost of Goods and Services Sold)
(222)(428)(446)(343)(257)(278)(388)
Gross profit:7681,4131,2221,1601,105984749
Operating expenses(1,271)(1,477)(1,424)(1,277)(992)(890)(980)
Other undisclosed operating income222428446343257278388
Operating income (loss):(281)364243227371372157
Nonoperating expense(80)(63)(44)(32)(25)(25)(20)
Investment income, nonoperating61396311
Interest and debt expense(1)(4)(54)(39)(29)(27)(21)
Income (loss) from continuing operations before equity method investments, income taxes:(362)298146157317320116
Income from equity method investments      0
Other undisclosed income from continuing operations before income taxes145439292721
Income (loss) from continuing operations before income taxes:(361)301199196346347137
Income tax expense (benefit)177(69)(38)(1)(126)(126)(51)
Net income (loss):(184)23216219522022086
Net income attributable to noncontrolling interest     00
Net income (loss) attributable to parent:(184)23216219522022087
Undistributed earnings (loss) allocated to participating securities, basic0323
Other undisclosed net loss available to common stockholders, basic      (0)
Net income (loss) available to common stockholders, basic:(184)23616419822022086
Other undisclosed net income (loss) available to common stockholders, diluted(0)(7)(4)(6)(2)(1)0
Net income (loss) available to common stockholders, diluted:(184)22916019221821986

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(184)23216219522022086
Other comprehensive income (loss)(0)12(3)(1)(0)1
Comprehensive income (loss):(184)23316419221922088
Comprehensive income (loss), net of tax, attributable to noncontrolling interest     0(0)
Other undisclosed comprehensive income, net of tax, attributable to parent      1
Comprehensive income (loss), net of tax, attributable to parent:(184)23316419221922088

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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