VIRGIN AMERICA INC. (VA) financial statements (2020 and earlier)

Company profile

Business Address 555 AIRPORT BLVD.
BURLINGAME, CA 94010
State of Incorp. DE
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)

12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments496
Cash and cash equivalents496
Receivables20
Other undisclosed current assets11
Total current assets:527
Noncurrent Assets
Restricted cash and investments20
Other noncurrent assets137
Deferred tax assets, net171
Other undisclosed noncurrent assets275
Total noncurrent assets:603
Other undisclosed assets439
TOTAL ASSETS:1,569
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities77
Accounts payable77
Debt49
Deferred revenue and credits175
Other liabilities117
Total current liabilities:417
Noncurrent Liabilities
Long-term debt and lease obligation216
Long-term debt, excluding current maturities216
Liabilities, other than long-term debt126
Due to related parties42
Other liabilities84
Total noncurrent liabilities:343
Total liabilities:760
Stockholders' equity
Stockholders' equity attributable to parent808
Common stock0
Treasury stock, value(5)
Additional paid in capital1,252
Accumulated other comprehensive loss(26)
Accumulated deficit(412)
Total stockholders' equity:808
TOTAL LIABILITIES AND EQUITY:1,569

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

12/31/2015
Revenues
(Revenue, Net)
1,530
Cost of revenue
(Cost of Goods and Services Sold)
(220)
Gross profit:1,310
Operating expenses(1,352)
Other undisclosed operating income220
Operating income:177
Nonoperating expense(9)
Interest and debt expense(4)
Other undisclosed income from continuing operations before equity method investments, income taxes4
Income from continuing operations before income taxes:168
Income tax benefit172
Net income available to common stockholders, diluted:341

Comprehensive Income ($ in millions)

12/31/2015
Net income:341
Other comprehensive loss(0)
Comprehensive income, net of tax, attributable to parent:340

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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