← REPUBLIC AIRWAYS HOLDINGS INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $67.8m $54.8m $64.6m $76.2m
Net Income (Loss) Attributable to Parent $14.9m $32.8m $33.3m $47.6m $27.5m $16.6m ($182.7m) ($120.1m) ($91.0m) $76.2m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — $27.5m $16.6m ($182.7m) ($120.1m) ($91.0m) —
Depreciation, Depletion and Amortization $46.0m $61.0m $65.0m $78.0m $82.3m $82.8m $81.5m $60.4m $40.0m $126.3m
Depreciation, Depletion and Amortization $46.0m $61.0m $65.0m $78.0m $82.3m $82.8m $81.5m $60.4m $40.0m $126.3m
Amortization of Intangible Assets — — $400k $1.8m $1.5m $1.2m $1.0m $100k — —
Depreciation $46.0m $61.0m $64.6m $76.2m $80.8m $81.2m $80.5m $60.2m $40.0m $126.3m
Depreciation Amortization Depletion — — — — — — $149.7m $159.4m $117.0m $126.3m
Deferred Income Tax Expense (Benefit) — — ($17.9m) $15.5m $9.2m $5.7m ($52.2m) ($9.3m) ($242k) $33.9m
Deferred income taxes $9.5m $20.5m ($17.9m) $15.5m $9.2m $5.7m ($52.2m) ($9.3m) ($242k) $33.9m
Deferred Income Tax — — — — — — $19.6m $29.3m $17.2m $33.9m
Deferred Tax — — — — — — $19.6m $29.3m $17.2m $33.9m
Share-based Payment Arrangement, Noncash Expense — — $12.9m $5.5m $4.4m $3.1m $2.8m $2.3m $1.3m $20.2m
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — — $363k $138k $9.1m
Share-based Payment Arrangement, Expense — — $12.9m $5.5m $4.4m $3.1m $2.8m $2.3m $1.3m —
Goodwill, Impairment Loss — — — — — — — — — $0
Impairment of Intangible Assets (Excluding Goodwill) — — — — — — — $54.3m $73.7m —
Operating Lease, Impairment Loss — — — — — — $200k $0 $0 —
Gain (Loss) on Extinguishment of Debt — — — ($3.6m) — $950k ($397k) ($1.5m) $3.0m —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property — — ($307k) $5k ($401k) ($78k) $4.7m $133.5m $86.1m $700k
Gain (Loss) on Disposition of Assets — — — — — — — $7.2m ($682k) —
Income Tax Expense (Benefit) — — ($17.4m) $15.7m $9.5m $5.8m ($52.0m) ($8.7m) $519k $37.2m
Interest Expense Nonoperating — — — — — — — — $38.5m $60.6m
Operating Lease, Lease Income — — — $219.0m $208.9m $170.2m $158.4m $144.7m $123.0m $304.4m
Other Nonoperating Income (Expense) — — ($66k) ($19k) $843k $401k ($801k) ($148k) ($1.6m) —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Inventories — — $744k $6.3m $1.5m $1.9m $2.9m $2.5m $1.3m ($400k)
Increase (Decrease) in Accounts Payable — — $2.4m $12.1m $3.4m $7.9m ($2.8m) $496k $13.7m —
Equity Securities, FV-NI, Realized Gain (Loss) — — — — — — $13.7m $5.4m $8.0m —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — — — — — ($6.1m) ($1.5m)
Gain (Loss) on Investments — — — — — ($6.8m) ($13.7m) — — —
Gain (Loss) on Termination of Lease — — $1.2m $750k — — — — — —
General and Administrative Expense — — $53.6m $50.5m $52.2m $49.9m $44.0m $48.8m $44.2m —
Goodwill — — — — — — — — — $122.5m
Inventory Write-down — — $200k $642k — $380k $634k — — —
Investment Income, Interest — — $114k $1.5m $105k $365k $139k $146k $68k —
Nonoperating Income (Expense) — — ($56.8m) ($57.9m) ($43.2m) ($40.8m) ($44.9m) ($44.5m) ($24.7m) ($54.9m)
Payments for Repurchase of Warrants — — — — — — — — — $1.1m
Payments of Financing Costs — — $5.9m $5.7m $1.8m — — — — —
Realized Investment Gains (Losses) — — — — — — — — $8.0m —
Unrealized Gain (Loss) on Investments — — — — — — — $5.4m ($6.1m) —
Stock-based compensation expense $1.5m $1.3m $12.9m $5.5m $4.4m $3.1m $2.8m $2.3m $1.3m $20.2m
Other, net — — — — — $4.9m $867k $2.2m $4.3m ($2.9m)
Receivables $1.9m $530k ($5.4m) ($9.3m) $9.4m $10.5m ($811k) ($4.3m) $3.0m ($7.5m)
Inventories ($1.7m) ($3.4m) ($744k) ($6.3m) ($1.5m) ($1.9m) ($2.9m) ($2.5m) ($1.3m) $400k
Other assets — — — — — — — ($12.0m) ($31.5m) ($17.4m)
Accounts payable and other current liabilities — — — — — — — $32.0m $24.2m $20.0m
Other non-current liabilities — — — — — — — $4.2m $40.8m $64.0m
Pre-delivery deposits paid — — — — — — — ($13.5m) ($32.9m) ($13.8m)
Cash acquired in connection with the Merger — — — — — — — $0 $0 $22.8m
Proceeds from the sale of marketable securities — — — — — — — $120.0m $255.3m $212.5m
Payments for U.S. Treasury Warrant redemption — — — — — — — $0 $0 ($1.1m)
Interest, net of capitalized amounts $28.7m $43.8m $50.7m $53.5m $41.5m $32.8m $24.9m $38.4m $31.5m $58.8m
Income taxes, net of refunds $196k $332k $385k $419k $398k $404k $487k $419k $5.7m $2.8m
Non-cash Merger purchase consideration (Note 3) — — — — — — — $0 $0 $120.2m
Parts credits received from aircraft and engine manufacturers — — — — — — — $8.1m $4.5m $7.5m
Parts credits used from aircraft and engine manufacturers — — — — — — — $0 $500k $0
Beginning Cash Position — — — — — — $235.2m $98.1m $113.5m $131.9m
Cash Flow From Continuing Financing Activities — — — — — — ($189.8m) $107.1m ($102.2m) $54.7m
Cash Flow From Continuing Investing Activities — — — — — — ($137.0m) ($420.9m) ($105.5m) ($350.9m)
Change In Account Payable — — — — — — $3.7m $32.0m $24.2m $20.0m
Change In Inventory — — — — — — ($4.3m) $4.6m ($2.1m) $400k
Change In Other Current Assets — — — — — — — ($12.0m) ($31.5m) ($17.4m)
Change In Other Current Liabilities — — — — — — $2.2m $4.2m $40.8m $64.0m
Change In Payable — — — — — — $3.7m $32.0m $24.2m $20.0m
Change In Payables And Accrued Expense — — — — — — $3.7m $32.0m $24.2m $20.0m
Change In Prepaid Assets — — — — — — ($7.5m) ($12.0m) ($20.8m) —
Change In Receivables — — — — — — ($54.1m) $55.3m ($10.9m) ($7.5m)
Change In Working Capital — — — — — — ($60.0m) $84.1m $20.5m $59.5m
Changes In Account Receivables — — — — — — $500k ($200k) ($2.5m) $30.5m
Changes In Cash — — — — — — ($137.1m) $15.4m $18.4m $25.8m
End Cash Position — — — — — — $98.1m $113.5m $131.9m $157.7m
Financing Cash Flow — — — — — — ($189.8m) $107.1m ($102.2m) $54.7m
Free Cash Flow — — — — — — ($9.8m) ($62.4m) ($33.5m) ($88.7m)
Investing Cash Flow — — — — — — ($137.0m) ($420.9m) ($105.5m) ($350.9m)
Net Business Purchase And Sale — — — — — — — $0 $0 $22.8m
Net PPE Purchase And Sale — — — — — — ($198.1m) ($258.1m) ($173.5m) ($410.0m)
Other Non Cash Items — — — — — — $12.6m $100k $5.8m $5.9m
Proceeds From Stock Option Exercised — — — — — — — $0 $0 ($1.1m)
Purchase Of PPE — — — — — — ($199.5m) ($391.6m) ($259.6m) ($410.7m)
Sale Of Business — — — — — — — $0 $0 $22.8m
Sale Of PPE — — — — — — $1.4m $133.5m $86.1m $700k
Stock Based Compensation — — — — — — — $1.5m $1.0m $20.2m
Other Operating Income (Expense), Net — — — — — — ($7.2m) ($3.5m) ($6.6m) —
Net Cash Provided by (Used in) Operating Activities $104.5m $74.7m $118.9m $151.7m $174.7m $132.9m $13.4m ($24.1m) $34.2m $322.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment ($490.1m) ($84.5m) ($118.0m) ($125.3m) ($26.7m) ($17.1m) ($40.8m) ($36.6m) ($20.3m) $396.9m
Payments to Acquire Investments — — — — — — — — — $176.2m
Purchases of marketable securities and investments — — — — — — — ($282.8m) ($187.3m) ($176.2m)
Net Investment Purchase And Sale — — — — — — $61.1m ($162.8m) $68.0m $36.3m
Purchase Of Investment — — — — — — ($98.9m) ($282.8m) ($187.3m) ($176.2m)
Sale Of Investment — — — — — — $160.0m $120.0m $255.3m $212.5m
Net Other Investing Changes — — — — — — $1.4m $133.5m $86.1m $700k
Net Cash Provided by (Used in) Investing Activities ($491.1m) ($84.1m) ($138.8m) ($104.8m) ($26.7m) ($33.5m) $1.4m $142.3m $148.8m ($350.9m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — $187.7m $171.7m $23.0m $195.0m $39.8m $60.9m $86.9m —
Proceeds from issuance of debt — — — — — — — $476.6m $177.3m $299.4m
Issuance Of Debt — — — — — — $71.7m $476.6m $177.3m $299.4m
Long Term Debt Issuance — — — — — — $71.7m $476.6m $177.3m $299.4m
Net Issuance Payments Of Debt — — — — — — ($187.3m) $216.5m ($62.8m) $67.8m
Net Long Term Debt Issuance — — — — — — ($187.3m) $216.5m ($62.8m) $67.8m
Payments on debt and finance lease obligations — — — — — — — ($260.1m) ($240.1m) ($231.6m)
Payments on early debt extinguishment — — — ($1.7m) — — — ($101.0m) ($922k) $0
Long Term Debt Payments — — — — — — ($259.0m) ($260.1m) ($240.1m) ($231.6m)
Repayment Of Debt — — — — — — ($259.0m) ($260.1m) ($240.1m) ($231.6m)
Proceeds from Issuance of Common Stock — — $124.2m — — — — — — —
Payments for Repurchase of Common Stock — — $5.0m $1.9m $586k $1.5m $455k — — —
Proceeds from (Payments for) Other Financing Activities — — — — — — — — — ($2.9m)
Net Other Financing Charges — — — — — — ($2.5m) ($109.4m) ($39.4m) ($12.0m)
Net Cash Provided by (Used in) Financing Activities $365.8m $28.5m $66.4m ($81.5m) ($117.7m) ($78.4m) ($77.6m) ($143.1m) ($200.5m) $54.7m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($34.6m) $30.3m $21.0m ($62.8m) ($25.0m) ($17.4m) $25.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $72.5m $102.8m $123.9m $61.0m $36.1m $18.6m $157.7m
NET CHANGES IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH $19.1m $46.8m ($34.6m) $30.3m $21.0m ($62.8m) ($25.0m) ($17.4m) $25.8m
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH—Beginning of period — $60.3m $107.1m $72.5m $102.8m $123.9m $61.0m $36.1m $18.6m $157.7m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($137.1m) $15.4m $18.4m $25.8m
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $50.7m $53.5m $41.5m $32.8m $24.9m $38.4m $31.5m $58.8m
Income Taxes Paid, Net — — $385k $419k $398k $404k $487k $419k ($138k) $2.8m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.