Great Lakes Aviation LTD (GLUX) Financial Statements (2024 and earlier)

Company Profile

Business Address 1022 AIRPORT DRIVE
CHEYENNE, WY 82001
State of Incorp. IA
Fiscal Year End December 31
Industry (SIC) 4512 - Air Transportation, Scheduled (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2015
MRQ
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 2,2026,5982,888
Cash and cash equivalents 2,2026,5982,888
Receivables 5,3377,1199,235
Inventory, net of allowances, customer advances and progress billings 6,5788,6688,972
Inventory 6,5788,6688,972
Other undisclosed current assets 3,0354,6126,208
Total current assets: 17,15326,99627,303
Noncurrent Assets
Property, plant and equipment 43,82548,60253,782
Regulated entity, other noncurrent assets  1,2001,800
Other noncurrent assets 3,2832,280
Prepaid expense and other noncurrent assets3,288
Other undisclosed noncurrent assets  (1,200)(1,800)
Total noncurrent assets: 47,10950,88257,070
TOTAL ASSETS: 64,26277,87984,372
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 4,3997,2108,912
Interest and dividends payable 89  
Accounts payable 2,1773,6844,605
Accrued liabilities 2,1323,5264,307
Debt  24,1733,500
Other undisclosed current liabilities (89)  
Total current liabilities: 4,30931,38312,412
Noncurrent Liabilities
Long-term debt and lease obligation 25,000 22,673
Long-term debt, excluding current maturities 25,000 22,673
Liabilities, other than long-term debt 3,7057,87710,227
Deferred tax liabilities, net 3,7057,87710,227
Total noncurrent liabilities: 28,7057,87732,900
Total liabilities: 33,01439,26045,312
Equity
Equity, attributable to parent 31,24738,61839,061
Common stock 909090
Additional paid in capital 31,49531,49531,495
Retained earnings (accumulated deficit) (337)7,0347,476
Total equity: 31,24738,61839,061
TOTAL LIABILITIES AND EQUITY: 64,26277,87984,372

Income Statement (P&L) ($ in thousands)

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 59,155117,196137,779
Cost of revenue
(Cost of Goods and Services Sold)
 (16,435)(35,667)(43,289)
Gross profit: 42,72081,52994,490
Operating expenses (88,369)(145,778)(162,542)
Other undisclosed operating income 39,79368,01377,465
Operating income (loss): (5,856)3,7659,413
Nonoperating expense (5,551)(4,318)(5,008)
Interest and debt expense (5,551)(4,318)(5,008)
Other undisclosed income from continuing operations before equity method investments, income taxes 5,5514,3185,008
Income (loss) from continuing operations before equity method investments, income taxes: (11,407)(553)4,405
Other undisclosed income from continuing operations before income taxes   3,295
Income (loss) from continuing operations before income taxes: (11,407)(553)7,700
Income tax expense (benefit) 4,036110(1,503)
Income (loss) from continuing operations: (7,371)(443)6,197
Income (loss) before gain (loss) on sale of properties: (7,371)(443)6,197
Net income (loss): (7,371)(443)6,197
Other undisclosed net loss attributable to parent   (3,295)
Net income (loss) available to common stockholders, diluted: (7,371)(443)2,902

Comprehensive Income ($ in thousands)

9/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Net income (loss): (7,371)(443)6,197
Comprehensive income (loss), net of tax, attributable to parent: (7,371)(443)6,197

Statements Sources

The financial statements are based on the Company's filings with 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: