Financial Statements

Spirit Airlines, Inc. (SAVE)

$19.48

+0.66 (+3.51%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 1,5251,9551,6251,484-
Net Income -473-429335156421
Stock Dividends 6-2-6-151,064
Dividend Paid -----
Retained Earnings 1,0581,5251,9551,6251,484

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 5,6064,9003,1162,238-
Annual Depreciation -3,2711,2551,9761,6623,017
Capital Expenditure 1-549-192-784-778
Net PPE 2,3355,6064,9003,1162,238

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -107-124-122-119-105
Intangible and Goodwill -----

Spirit Airlines, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Spirit Airlines, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.