Hawaiian Holdings Inc
Buy, Hold or Sell?

Let's analyse Hawaiian Holdings Inc together

Penke I guess you are interested in Hawaiian Holdings Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Hawaiian Holdings Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hawaiian Holdings Inc (30 sec.)

What can you expect buying and holding a share of Hawaiian Holdings Inc? (30 sec.)

How much money do you get?

$0.00

When do you have the money?

1 year

How often do you get paid?

37.5%

What is your share worth?

Current worth

$1.84

Expected worth in 1 year

$-2.75

How sure are you?

52.5%

+ What do you gain per year?

Total Gains per Share

$-4.59

Return On Investment

-35.4%

For what price can you sell your share?

Current Price per Share

$12.95

Expected price per share

$11.14 - $14.24

How sure are you?

50%

1. Valuation of Hawaiian Holdings Inc (5 min.)

Live pricePrice per Share (EOD)

$12.95

Book Value per Share

$1.84

Intrinsic Value Per Share

$-104.94 - $-59.17

Total Value Per Share

$-103.10 - $-57.33

My calculation of the intrinsic value of Hawaiian Holdings Inc is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: ($-0.13) 3Y: ($-0.55) TTM: ($-2.17)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: ($-0.08) 3Y: ($-0.16) TTM: ($-0.90)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	$-3.64	$-1.29	$-4.74 - $-1.81
2	$-9.38	$-3.79	$-7.27 - $-3.11
3	$-16.96	$-7.42	$-9.79 - $-4.41
4	$-26.16	$-12.11	$-12.32 - $-5.71
5	$-36.77	$-17.80	$-14.85 - $-7.02
6	$-48.61	$-24.43	$-17.38 - $-8.32
7	$-61.49	$-31.94	$-19.91 - $-9.62
8	$-75.27	$-40.27	$-22.44 - $-10.92
9	$-89.79	$-49.36	$-24.97 - $-12.23
10	$-104.94	$-59.17	$-27.50 - $-13.53

2. Growth of Hawaiian Holdings Inc (5 min.)

Is Hawaiian Holdings Inc growing?

	Current year	Previous year	Grow	Grow %
How rich?	$95.4m	$369.5m	-$186.7m	-102.2%

How much money is Hawaiian Holdings Inc making?

	Current year	Previous year	Grow	Grow %
Making money	-$65.1m	-$54.7m	-$10.3m	-15.9%
Net Profit Margin	-9.9%	-9.8%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Hawaiian Holdings Inc (5 min.)

4. Comparing to competitors in the Airlines industry (5 min.)

Industry Rankings (Airlines)

Richest
#52 / 71

Most Revenue
#47 / 71

Most Profit
#58 / 71

Most Efficient
#60 / 71

What can you expect buying and holding a share of Hawaiian Holdings Inc? (5 min.)

Welcome investor! Hawaiian Holdings Inc's management wants to use your money to grow the business. In return you get a share of Hawaiian Holdings Inc.

What can you expect buying and holding a share of Hawaiian Holdings Inc?

First you should know what it really means to hold a share of Hawaiian Holdings Inc. And how you can make/lose money.

Speculation

The Price per Share of Hawaiian Holdings Inc is $12.95. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Hawaiian Holdings Inc.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hawaiian Holdings Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $1.84. Based on the TTM, the Book Value Change Per Share is $-1.15 per quarter. Based on the YOY, the Book Value Change Per Share is $-1.14 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Hawaiian Holdings Inc.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share	$	% of Price per Share
Usd Eps	-1.95	-15.1%	-1.26	-9.7%	-1.06	-8.2%	-0.88	-6.8%	0.06	0.4%
Usd Book Value Change Per Share	-1.61	-12.4%	-1.15	-8.9%	-1.14	-8.8%	-0.82	-6.3%	-0.14	-1.1%
Usd Dividend Per Share	0.00	0.0%	0.00	0.0%	0.00	0.0%	0.04	0.3%	0.04	0.3%
Usd Total Gains Per Share	-1.61	-12.4%	-1.15	-8.9%	-1.14	-8.8%	-0.78	-6.1%	-0.09	-0.7%
Usd Price Per Share	14.20	-	10.12	-	14.36	-	17.66	-	25.72	-
Price to Earnings Ratio	-1.82	-	-4.01	-	-7.04	-	-3.14	-	12.22	-
Price-to-Total Gains Ratio	-8.84	-	-19.91	-	-21.15	-	-33.84	-	-0.64	-
Price to Book Ratio	7.72	-	3.52	-	1.99	-	1.96	-	2.60	-
Price-to-Total Gains Ratio	-8.84	-	-19.91	-	-21.15	-	-33.84	-	-0.64	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	12.95
Number of shares	77

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.00	0.04
Usd Book Value Change Per Share	-1.15	-0.82
Usd Total Gains Per Share	-1.15	-0.78
Gains per Quarter (77 shares)	-88.30	-60.39
Gains per Year (77 shares)	-353.21	-241.55

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	0	-353	-363	12	-253	-252
2	0	-706	-716	23	-506	-494
3	0	-1060	-1069	35	-760	-736
4	0	-1413	-1422	47	-1013	-978
5	0	-1766	-1775	58	-1266	-1220
6	0	-2119	-2128	70	-1519	-1462
7	0	-2473	-2481	82	-1773	-1704
8	0	-2826	-2834	93	-2026	-1946
9	0	-3179	-3187	105	-2279	-2188
10	0	-3532	-3540	117	-2532	-2430

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	0.0	4.0	0.0	0.0%	1.0	11.0	0.0	8.3%	5.0	15.0	0.0	25.0%	24.0	16.0	0.0	60.0%	65.0	51.0	0.0	56.0%
Book Value Change Per Share	0.0	4.0	0.0	0.0%	2.0	10.0	0.0	16.7%	6.0	14.0	0.0	30.0%	21.0	19.0	0.0	52.5%	63.0	52.0	1.0	54.3%
Dividend per Share	0.0	0.0	4.0	0.0%	0.0	0.0	12.0	0.0%	7.0	0.0	13.0	35.0%	15.0	0.0	25.0	37.5%	15.0	0.0	101.0	12.9%
Total Gains per Share	0.0	4.0	0.0	0.0%	2.0	10.0	0.0	16.7%	6.0	14.0	0.0	30.0%	21.0	19.0	0.0	52.5%	63.0	52.0	1.0	54.3%

Fundamentals of Hawaiian Holdings Inc

About Hawaiian Holdings Inc

https://www.hawaiianairlines.com
Airlines
7362
3375 Koapaka Street, Honolulu, HI, United States, 96819
Google Maps Bing Maps

Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. It provides daily services on North America routes between the State of Hawai'i and Long Beach, Los Angeles, Oakland, Ontario, Sacramento, San Diego, San Francisco, and San Jose, California; Las Vegas, Nevada; Seattle, Washington; Portland, Oregon; Phoenix, Arizona; New York City, New York; Austin, Texas; and Boston, Massachusetts. The company also offers daily service on its Neighbor Island routes among the four major islands of the State of Hawai'i. In addition, it offers scheduled service on its international routes between the State of Hawai'i and Tokyo (Narita and Haneda), Japan, Osaka, Japan; Sydney, Australia; Auckland, New Zealand; Pago Pago, American Samoa; Papeete, Tahiti; and Seoul, South Korea, as well as operates various ad hoc charters. The company distributes its tickets through various distribution channels, including its website hawaiianairlines.com primarily for North America and Neighbor Island routes, as well as through travel agencies and wholesale distributors for its international routes. As of December 31, 2023, its fleet consisted of 19 Boeing 717-200 aircraft for the Neighbor Island routes; 24 Airbus A330-200 aircraft; and 18 Airbus A321neo for the North America and international routes. The company was incorporated in 1929 and is headquartered in Honolulu, Hawaii.

Fundamental data was last updated by Penke on 2024-04-11 10:28:06.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is just able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Hawaiian Holdings Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Hawaiian Holdings Inc earns for each $1 of revenue.

Above 10% is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
A Net Profit Margin of -15.1% means that $-0.15 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hawaiian Holdings Inc:

The MRQ is -15.1%. The company is making a huge loss. -2
The TTM is -9.9%. The company is making a loss. -1

Trends

Current period		Compared to		+/-
MRQ	-15.1%	TTM	-9.9%	-5.2%
TTM	-9.9%	YOY	-9.8%	-0.1%
TTM	-9.9%	5Y	-26.9%	+17.0%
5Y	-26.9%	10Y	-9.3%	-17.7%

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	-15.1%	1.5%	-16.6%
TTM	-9.9%	3.8%	-13.7%
YOY	-9.8%	-5.0%	-4.8%
5Y	-26.9%	-16.9%	-10.0%
10Y	-9.3%	-5.5%	-3.8%

Measures how much net profit Hawaiian Holdings Inc earns for each $1 of revenue.

Revenue is the amount of profit Hawaiian Holdings Inc generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Hawaiian Holdings Inc earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
Can be used to compare companies within the Airlines industry.

You typically want a high profit margin. This means that for each $1 in sales, Hawaiian Holdings Inc makes more profit. This shows the investor how efficiently Hawaiian Holdings Inc is operating in general and compared to other companies in the same industry. Hawaiian Holdings Inc operates in the Airlines industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Hawaiian Holdings Inc. If profit margins remain low (compared to the Airlines industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Hawaiian Holdings Inc is -0.15. This means that Hawaiian Holdings Inc earned $-0.15 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Airlines industry is 1.5%.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Hawaiian Holdings Inc with other companies in the same industry (Airlines).
Net profit margin should rise over the years.
Can be influenced when Hawaiian Holdings Inc sells assets (profit will increase while costs remain the same).
It won’t show what part of Hawaiian Holdings Inc is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Hawaiian Holdings Inc

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Hawaiian Holdings Inc = -101,182
Total revenue MRQ Hawaiian Holdings Inc = 669,074
$-101,182 / $669,074 = -0.15 or -15.1%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Hawaiian Holdings Inc is using its assets to generate profit.

Above 5% is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
-2.4% Return on Assets means that Hawaiian Holdings Inc generated $-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hawaiian Holdings Inc:

The MRQ is -2.4%. Using its assets, the company is very inefficient in making profit. -2
The TTM is -1.6%. Using its assets, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-2.4%	TTM	-1.6%	-0.8%
TTM	-1.6%	YOY	-1.3%	-0.3%
TTM	-1.6%	5Y	-1.1%	-0.5%
5Y	-1.1%	10Y	0.4%	-1.5%

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	-2.4%	0.3%	-2.7%
TTM	-1.6%	0.9%	-2.5%
YOY	-1.3%	-1.5%	+0.2%
5Y	-1.1%	-1.3%	+0.2%
10Y	0.4%	0.3%	+0.1%

Shows how efficient Hawaiian Holdings Inc is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Hawaiian Holdings Inc is using its resources to generate profit. If the return on assets (-2.4%) from Hawaiian Holdings Inc are higher than the Airlines mean (0.3%) that means Hawaiian Holdings Inc is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Hawaiian Holdings Inc is -2.4%. This means the company generated $-0.02 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Airlines industry is 0.3%.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Hawaiian Holdings Inc

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Hawaiian Holdings Inc = -101,182
Total assets MRQ (balance sheet) from Hawaiian Holdings Inc = 4,168,018
-101,182 / 4,168,018 = -0.02 or -2.4%

ROA is an important ratio as it will tell you how effectively Hawaiian Holdings Inc is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Hawaiian Holdings Inc is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
-106.0% Return on Equity means Hawaiian Holdings Inc generated $-1.06 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hawaiian Holdings Inc:

The MRQ is -106.0%. Using its investors money, the company is very inefficient in making profit. -2
The TTM is -45.2%. Using its investors money, the company is very inefficient in making profit. -2

Trends

Current period		Compared to		+/-
MRQ	-106.0%	TTM	-45.2%	-60.8%
TTM	-45.2%	YOY	-14.2%	-31.1%
TTM	-45.2%	5Y	-15.5%	-29.7%
5Y	-15.5%	10Y	-3.4%	-12.1%

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	-106.0%	5.2%	-111.2%
TTM	-45.2%	4.7%	-49.9%
YOY	-14.2%	-4.3%	-9.9%
5Y	-15.5%	-6.3%	-9.2%
10Y	-3.4%	-0.9%	-2.5%

Shows how efficient Hawaiian Holdings Inc is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Airlines industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Hawaiian Holdings Inc is -106.0%. This means Hawaiian Holdings Inc generated $-1.06 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Airlines industry is 5.2%.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if Hawaiian Holdings Inc existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Hawaiian Holdings Inc

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Hawaiian Holdings Inc = -101,182
Shareholders equity (balance sheet) MRQ Hawaiian Holdings Inc = 95,425
-101,182 / 95,425 = -1.06 or -106.0%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of Hawaiian Holdings Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Hawaiian Holdings Inc is operating .

Measures how much profit Hawaiian Holdings Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
An Operating Margin of -15.1% means the company generated $-0.15 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hawaiian Holdings Inc:

The MRQ is -15.1%. The company is operating very inefficient. -2
The TTM is -11.6%. The company is operating very inefficient. -2

Trends

Current period		Compared to		+/-
MRQ	-15.1%	TTM	-11.6%	-3.5%
TTM	-11.6%	YOY	-9.1%	-2.5%
TTM	-11.6%	5Y	-36.8%	+25.2%
5Y	-36.8%	10Y	-12.5%	-24.4%

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	-15.1%	5.2%	-20.3%
TTM	-11.6%	4.3%	-15.9%
YOY	-9.1%	-4.6%	-4.5%
5Y	-36.8%	-14.7%	-22.1%
10Y	-12.5%	-4.5%	-8.0%

Measures how efficient Hawaiian Holdings Inc is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Hawaiian Holdings Inc is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Hawaiian Holdings Inc is -15.1%. This means that Hawaiian Holdings Inc earned $-0.15 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Airlines industry is 5.2%.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Hawaiian Holdings Inc

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Hawaiian Holdings Inc = -101,189
Total revenue MRQ Hawaiian Holdings Inc = 669,074
$-101,189 / $669,074 = -0.15 or -15.1%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Hawaiian Holdings Inc is keeping operating costs low.

Below 1 is considered healthy (always compare to Airlines industry mean).
An Operation Ratio of 1.15 means that the operating costs are $1.15 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Hawaiian Holdings Inc:

The MRQ is 1.151. The company is inefficient in keeping operating costs low. -1
The TTM is 1.108. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	1.151	TTM	1.108	+0.043
TTM	1.108	YOY	1.093	+0.015
TTM	1.108	5Y	1.273	-0.165
5Y	1.273	10Y	1.057	+0.216

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	1.151	1.151	+0.000
TTM	1.108	1.145	-0.037
YOY	1.093	1.297	-0.204
5Y	1.273	1.681	-0.408
10Y	1.057	1.360	-0.303

Measures how efficient Hawaiian Holdings Inc is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Hawaiian Holdings Inc is 115.1%. This means that Hawaiian Holdings Inc earned $1.15 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Airlines industry is 1.15.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Hawaiian Holdings Inc

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(687,734 +82,529) \ 669,074 = 1.15

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of Hawaiian Holdings Inc.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Hawaiian Holdings Inc is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Airlines industry mean).
A Current Ratio of 1.02 means the company has $1.02 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Hawaiian Holdings Inc:

The MRQ is 1.022. The company is just able to pay all its short-term debts.
The TTM is 1.158. The company is just able to pay all its short-term debts.

Trends

Current period		Compared to		+/-
MRQ	1.022	TTM	1.158	-0.136
TTM	1.158	YOY	1.508	-0.350
TTM	1.158	5Y	1.253	-0.095
5Y	1.253	10Y	1.066	+0.187

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	1.022	0.760	+0.262
TTM	1.158	0.780	+0.378
YOY	1.508	0.802	+0.706
5Y	1.253	0.762	+0.491
10Y	1.066	0.787	+0.279

Measures if Hawaiian Holdings Inc is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Airlines industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Hawaiian Holdings Inc if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Hawaiian Holdings Inc is 1.02. This means Hawaiian Holdings Inc has $1.02 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Airlines industry is 0.76.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Hawaiian Holdings Inc

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
1,170,940 \ 1,145,401) = 1.02

The current ratio measures if Hawaiian Holdings Inc is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Hawaiian Holdings Inc is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Hawaiian Holdings Inc does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Hawaiian Holdings Inc is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Hawaiian Holdings Inc is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
A Quick Ratio of 1.56 means the company can pay off $1.56 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hawaiian Holdings Inc:

The MRQ is 1.561. The company is very able to pay all its short-term debts with the most liquid assets. +2
The TTM is 1.842. The company is very able to pay all its short-term debts with the most liquid assets. +2

Trends

Current period		Compared to		+/-
MRQ	1.561	TTM	1.842	-0.281
TTM	1.842	YOY	2.368	-0.526
TTM	1.842	5Y	1.780	+0.062
5Y	1.780	10Y	1.421	+0.359

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	1.561	0.481	+1.080
TTM	1.842	0.496	+1.346
YOY	2.368	0.583	+1.785
5Y	1.780	0.535	+1.245
10Y	1.421	0.527	+0.894

Measures if Hawaiian Holdings Inc is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Hawaiian Holdings Inc can pay off its short term debts. This shows if Hawaiian Holdings Inc can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Hawaiian Holdings Inc is 1.56. This means that Hawaiian Holdings Inc can pay off $1.56 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Airlines industry is 0.48.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Hawaiian Holdings Inc

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Hawaiian Holdings Inc: (925,747 + 755,224 +106,527) / 1,145,401 = 1.56

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of Hawaiian Holdings Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Hawaiian Holdings Inc assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Hawaiian Holdings Inc to Airlines industry mean.
A Debt to Asset Ratio of 0.98 means that Hawaiian Holdings Inc assets are financed with 97.7% credit (debt) and the remaining percentage (100% - 97.7%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of Hawaiian Holdings Inc:

The MRQ is 0.977. The company is just able to pay all its debts by selling its assets.
The TTM is 0.955. The company is just able to pay all its debts by selling its assets.

Trends

Current period		Compared to		+/-
MRQ	0.977	TTM	0.955	+0.022
TTM	0.955	YOY	0.914	+0.041
TTM	0.955	5Y	0.859	+0.096
5Y	0.859	10Y	0.818	+0.041

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	0.977	0.844	+0.133
TTM	0.955	0.841	+0.114
YOY	0.914	0.850	+0.064
5Y	0.859	0.812	+0.047
10Y	0.818	0.757	+0.061

Measures how much % of Hawaiian Holdings Inc assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Hawaiian Holdings Inc than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Hawaiian Holdings Inc to Airlines industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Hawaiian Holdings Inc is 0.98. This means means that Hawaiian Holdings Inc is financed with 97.7% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Airlines industry is 76.0%.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Hawaiian Holdings Inc has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Hawaiian Holdings Inc

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
4,072,593 \ 4,168,018 = 97.7% or 0.98.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Hawaiian Holdings Inc is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Hawaiian Holdings Inc to the Airlines industry mean.
A Debt to Equity ratio of 4,267.8% means that company has $42.68 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hawaiian Holdings Inc:

The MRQ is 42.678. The company is unable to pay all its debts with equity. -1
The TTM is 24.364. The company is unable to pay all its debts with equity. -1

Trends

Current period		Compared to		+/-
MRQ	42.678	TTM	24.364	+18.315
TTM	24.364	YOY	10.699	+13.665
TTM	24.364	5Y	9.892	+14.471
5Y	9.892	10Y	6.936	+2.956

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
MRQ	42.678	3.687	+38.991
TTM	24.364	4.023	+20.341
YOY	10.699	3.979	+6.720
5Y	9.892	4.696	+5.196
10Y	6.936	3.500	+3.436

Measures if Hawaiian Holdings Inc is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Hawaiian Holdings Inc is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Hawaiian Holdings Inc is 42.68. This means that Hawaiian Holdings Inc can pay off $42.68 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Airlines industry is 3.69.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Hawaiian Holdings Inc

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
4,072,593 \ 95,425 = 42.68 or 4,267.8%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of Hawaiian Holdings Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Hawaiian Holdings Inc generates.

Above 15 is considered overpriced but always compare Hawaiian Holdings Inc to the Airlines industry mean.
A PE ratio of -1.82 means the investor is paying $-1.82 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hawaiian Holdings Inc:

The EOD is -1.659. Based on the earnings, the company is expensive. -2
The MRQ is -1.819. Based on the earnings, the company is expensive. -2
The TTM is -4.007. Based on the earnings, the company is expensive. -2

Trends

Current period		Compared to		+/-
EOD	-1.659	MRQ	-1.819	+0.160
MRQ	-1.819	TTM	-4.007	+2.188
TTM	-4.007	YOY	-7.041	+3.034
TTM	-4.007	5Y	-3.142	-0.865
5Y	-3.142	10Y	12.222	-15.364

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
EOD	-1.659	1.186	-2.845
MRQ	-1.819	1.235	-3.054
TTM	-4.007	1.969	-5.976
YOY	-7.041	-0.766	-6.275
5Y	-3.142	0.820	-3.962
10Y	12.222	4.809	+7.413

Measures how much money you pay for each share for every $1 in earnings Hawaiian Holdings Inc generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Hawaiian Holdings Inc to the Airlines industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Hawaiian Holdings Inc is -1.82. This means the investor is paying $-1.82 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Airlines industry is 1.24.
What is the trend?
The trend is important because it shows you how Hawaiian Holdings Inc is performing over time. The most recent quarter might be important if Hawaiian Holdings Inc released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Hawaiian Holdings Inc up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Hawaiian Holdings Inc

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 51,655 = EPS
PE ratio MRQ = -1.82

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hawaiian Holdings Inc:

The EOD is -0.702. Based on how much money comes from the company's main activities, the company is expensive. -2
The MRQ is -0.770. Based on how much money comes from the company's main activities, the company is expensive. -2
The TTM is 1.632. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	-0.702	MRQ	-0.770	+0.068
MRQ	-0.770	TTM	1.632	-2.401
TTM	1.632	YOY	26.168	-24.537
TTM	1.632	5Y	167.571	-165.940
5Y	167.571	10Y	95.694	+71.877

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
EOD	-0.702	1.054	-1.756
MRQ	-0.770	1.236	-2.006
TTM	1.632	1.951	-0.319
YOY	26.168	1.445	+24.723
5Y	167.571	0.576	+166.995
10Y	95.694	0.045	+95.649

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Hawaiian Holdings Inc is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Airlines industry mean).
A PB ratio of 7.72 means the investor is paying $7.72 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Hawaiian Holdings Inc:

The EOD is 7.036. Based on the equity, the company is overpriced. -1
The MRQ is 7.715. Based on the equity, the company is overpriced. -1
The TTM is 3.520. Based on the equity, the company is fair priced.

Trends

Current period		Compared to		+/-
EOD	7.036	MRQ	7.715	-0.679
MRQ	7.715	TTM	3.520	+4.195
TTM	3.520	YOY	1.988	+1.532
TTM	3.520	5Y	1.962	+1.558
5Y	1.962	10Y	2.601	-0.639

Compared to industry (Airlines)

Period	Company	Industry (mean)	+/-
EOD	7.036	1.578	+5.458
MRQ	7.715	1.486	+6.229
TTM	3.520	1.806	+1.714
YOY	1.988	1.717	+0.271
5Y	1.962	2.333	-0.371
10Y	2.601	2.545	+0.056

2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Hawaiian Holdings Inc.

3.1. Institutions holding Hawaiian Holdings Inc

Institutions are holding 75.027% of the shares of Hawaiian Holdings Inc.

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2023-12-31	BlackRock Inc	9.5729	0.0018	4961117	-4094967	-45.2179
2023-12-31	Vanguard Group Inc	5.2491	0.0008	2720323	-739262	-21.3685
2023-12-31	Magnetar Financial LLC	4.6171	0.8627	2392800	2392800	0
2023-12-31	Morgan Stanley - Brokerage Accounts	4.0716	0.0026	2110108	1436133	213.084
2023-12-31	Par Capital Management Inc	2.933	0.709	1520000	1520000	0
2023-12-31	Millennium Management LLC	2.891	0.0092	1498261	498435	49.8522
2023-12-31	Cnh Partners, LLC	2.7899	0.8292	1445838	1445838	0
2023-12-31	Cyrus Capital Partners, LP	2.6584	4.6714	1377727	1377727	0
2023-12-31	AllianceBernstein L.P.	2.2364	0.0063	1158994	1113194	2430.5546
2023-12-31	Geode Capital Management, LLC	2.1873	0.0017	1133541	43608	4.001
2023-09-30	Citadel Advisors Llc	2.0953	0.0015	1085858	690320	174.5268
2023-12-31	State Street Corporation	2.0841	0.0008	1080095	-1424332	-56.8726
2023-12-31	Eckert Corp	2.0334	0.7673	1053800	1053800	0
2023-12-31	Dimensional Fund Advisors, Inc.	1.9096	0.0041	989632	-179923	-15.3839
2023-12-31	Woodline Partners LP	1.6383	0.1311	849046	849046	0
2023-12-31	JANE STREET GROUP, LLC	1.6152	0.0031	837052	817940	4279.7195
2023-12-31	Third Avenue Management LLC	1.5737	1.9008	815579	-746546	-47.7904
2023-12-31	Nuveen Asset Management, LLC	1.2206	0.0029	632594	-188492	-22.9564
2023-12-31	Water Island Capital LLC	1.0807	0.8146	560086	560086	0
2023-12-31	Northern Trust Corp	0.8943	0.0012	463476	-56967	-10.9459
Total		55.3519	10.7221	28685927	+6368438	+22.2%

3.2. Funds holding Hawaiian Holdings Inc

Date	Name	Total Shares	Total Assets	Current Shares	Change	%
2024-02-29	Vanguard Total Stock Mkt Idx Inv	2.9561	0.0014	1532692	0	0
2024-03-28	iShares Russell 2000 ETF	2.3946	0.0253	1241566	600	0.0483
2024-02-29	Vanguard Institutional Extnd Mkt Idx Tr	1.5204	0.0109	788299	-851	-0.1078
2023-12-31	AQR Diversified Arbitrage I	1.4058	0.5713	728886	728886	0
2023-12-31	Third Avenue Value Equity	1.202	1.1685	623225	-746250	-54.4917
2023-12-31	Third Avenue Value Instl	1.202	1.1644	623225	-746250	-54.4917
2024-01-31	Fidelity Small Cap Index	0.9923	0.0296	514487	8507	1.6813
2024-03-28	iShares Russell 2000 Value ETF	0.9289	0.0512	481600	9016	1.9078
2024-01-31	TIAA-CREF Quant Small-Cap Equity Instl	0.9109	0.2247	472280	0	0
2024-02-29	Arbitrage R	0.7586	0.5593	393303	393303	0
2024-02-29	AB Merger Arbitrage S1 USD	0.7261	1.6516	376488	0	0
2023-12-31	Donald Smith & Co. All Eq Accounts Comp	0.7225	0.1333	374630	600	0.1604
2024-02-29	State St Russell Sm/Mid Cp® Indx NL Cl C	0.6265	0.011	324857	7100	2.2344
2024-02-29	Fidelity Extended Market Index	0.5889	0.0112	305341	-1479	-0.482
2024-03-29	Schwab US Small-Cap ETF™	0.4737	0.0192	245601	0	0
2024-02-29	Fidelity Select Transportation	0.4341	0.52	225100	800	0.3567
2024-02-29	AB Event Driven S1 USD	0.417	0.972	216233	0	0
2023-12-31	Man GLG Event Driven Alternative IN USD	0.4062	0.3794	210589	210589	0
2024-03-31	State St Russell Sm Cap® Indx SL Cl I	0.3634	0.0258	188409	0	0
2024-02-29	Vanguard Russell 2000 ETF	0.3588	0.0275	186045	14596	8.5133
Total		19.3888	7.5576	10052856	-120833	-1.2%

3.3. Insider Transactions

Insiders are holding 2.963% of the shares of Hawaiian Holdings Inc.

Date	Owner	Type	Amount	Price
2023-10-27	Aaron J Alter	SELL	3000	3.93
2023-07-28	Aaron J Alter	SELL	3000	10.9
2023-04-28	Aaron J Alter	SELL	3000	8.19

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Hawaiian Holdings Inc compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	-1.607	-1.147	-29%	-1.137	-29%	-0.822	-49%	-0.137	-92%
Book Value Per Share	-	-	1.840	3.526	-48%	7.128	-74%	11.405	-84%	11.412	-84%
Current Ratio	-	-	1.022	1.158	-12%	1.508	-32%	1.253	-18%	1.066	-4%
Debt To Asset Ratio	-	-	0.977	0.955	+2%	0.914	+7%	0.859	+14%	0.818	+19%
Debt To Equity Ratio	-	-	42.678	24.364	+75%	10.699	+299%	9.892	+331%	6.936	+515%
Dividend Per Share	-	-	-	-	0%	-	0%	0.038	-100%	0.042	-100%
Eps	-	-	-1.951	-1.256	-36%	-1.056	-46%	-0.879	-55%	0.056	-3596%
Free Cash Flow Per Share	-	-	-4.612	-2.171	-53%	-0.508	-89%	-0.648	-86%	-0.127	-97%
Free Cash Flow To Equity Per Share	-	-	-4.795	-2.505	-48%	-1.416	-70%	0.313	-1633%	0.044	-11119%
Gross Profit Margin	-	-	1.304	1.876	-30%	2.273	-43%	1.412	-8%	0.942	+38%
Intrinsic Value_10Y_max	-	-	-59.169	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-104.940	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	-1.293	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-3.642	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	-7.418	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-16.961	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	-17.803	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-36.774	-	-	-	-	-	-	-	-
Market Cap	671439370.000	-10%	736250120.000	524448589.000	+40%	744286653.000	-1%	915775897.500	-20%	1390949385.150	-47%
Net Profit Margin	-	-	-0.151	-0.099	-35%	-0.098	-35%	-0.269	+78%	-0.093	-39%
Operating Margin	-	-	-0.151	-0.116	-23%	-0.091	-40%	-0.368	+144%	-0.125	-18%
Operating Ratio	-	-	1.151	1.108	+4%	1.093	+5%	1.273	-10%	1.057	+9%
Pb Ratio	7.036	-10%	7.715	3.520	+119%	1.988	+288%	1.962	+293%	2.601	+197%
Pe Ratio	-1.659	+9%	-1.819	-4.007	+120%	-7.041	+287%	-3.142	+73%	12.222	-115%
Price Per Share	12.950	-10%	14.200	10.115	+40%	14.355	-1%	17.663	-20%	25.723	-45%
Price To Free Cash Flow Ratio	-0.702	+9%	-0.770	1.632	-147%	26.168	-103%	167.571	-100%	95.694	-101%
Price To Total Gains Ratio	-8.057	+9%	-8.835	-19.908	+125%	-21.149	+139%	-33.839	+283%	-0.638	-93%
Quick Ratio	-	-	1.561	1.842	-15%	2.368	-34%	1.780	-12%	1.421	+10%
Return On Assets	-	-	-0.024	-0.016	-35%	-0.013	-48%	-0.011	-56%	0.004	-648%
Return On Equity	-	-	-1.060	-0.452	-57%	-0.142	-87%	-0.155	-85%	-0.034	-97%
Total Gains Per Share	-	-	-1.607	-1.147	-29%	-1.137	-29%	-0.784	-51%	-0.095	-94%
Usd Book Value	-	-	95425000.000	182830000.000	-48%	369598500.000	-74%	591349200.000	-84%	607577150.000	-84%
Usd Book Value Change Per Share	-	-	-1.607	-1.147	-29%	-1.137	-29%	-0.822	-49%	-0.137	-92%
Usd Book Value Per Share	-	-	1.840	3.526	-48%	7.128	-74%	11.405	-84%	11.412	-84%
Usd Dividend Per Share	-	-	-	-	0%	-	0%	0.038	-100%	0.042	-100%
Usd Eps	-	-	-1.951	-1.256	-36%	-1.056	-46%	-0.879	-55%	0.056	-3596%
Usd Free Cash Flow	-	-	-239104000.000	-112546000.000	-53%	-26321000.000	-89%	-33584800.000	-86%	-5159850.000	-98%
Usd Free Cash Flow Per Share	-	-	-4.612	-2.171	-53%	-0.508	-89%	-0.648	-86%	-0.127	-97%
Usd Free Cash Flow To Equity Per Share	-	-	-4.795	-2.505	-48%	-1.416	-70%	0.313	-1633%	0.044	-11119%
Usd Market Cap	671439370.000	-10%	736250120.000	524448589.000	+40%	744286653.000	-1%	915775897.500	-20%	1390949385.150	-47%
Usd Price Per Share	12.950	-10%	14.200	10.115	+40%	14.355	-1%	17.663	-20%	25.723	-45%
Usd Profit	-	-	-101182000.000	-65123500.000	-36%	-54753000.000	-46%	-45561500.000	-55%	4542850.000	-2327%
Usd Revenue	-	-	669074000.000	679071000.000	-1%	660317000.000	+1%	531558850.000	+26%	581178550.000	+15%
Usd Total Gains Per Share	-	-	-1.607	-1.147	-29%	-1.137	-29%	-0.784	-51%	-0.095	-94%
	EOD	+3 -5	MRQ	TTM	+5 -29	YOY	+4 -30	5Y	+7 -29	10Y	+6 -30

4.2. Fundamental Score

Let's check the fundamental score of Hawaiian Holdings Inc based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	-1.659
Price to Book Ratio (EOD)	Between	0-1	7.036
Net Profit Margin (MRQ)	Greater than	0	-0.151
Operating Margin (MRQ)	Greater than	0	-0.151
Quick Ratio (MRQ)	Greater than	1	1.561
Current Ratio (MRQ)	Greater than	1	1.022
Debt to Asset Ratio (MRQ)	Less than	1	0.977
Debt to Equity Ratio (MRQ)	Less than	1	42.678
Return on Equity (MRQ)	Greater than	0.15	-1.060
Return on Assets (MRQ)	Greater than	0.05	-0.024
Total			3/10 (30.0%)

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4.3. Technical Score

Let's check the technical score of Hawaiian Holdings Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	37.276
Ma 20	Greater than	Ma 50	13.224
Ma 50	Greater than	Ma 100	13.633
Ma 100	Greater than	Ma 200	13.330
Open	Greater than	Close	12.870
Total			2/5 (40.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
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Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary

Total Assets	4,168,018
Total Liabilities	4,072,593
Total Stockholder Equity	95,425

	As reported
Total Liabilities	4,072,593
Total Stockholder Equity	+ 95,425
Total Assets	= 4,168,018

Assets

Total Assets	4,168,018
Total Current Assets	1,170,940
Long-term Assets	2,997,078

Total Current Assets

Total Current Assets (as reported)	1,170,940
Cash And Cash Equivalents	170,523
Short-term Investments	755,224
Net Receivables	106,527
Inventory	60,115
Other Current Assets	78,551
Total Current Assets (calculated)	1,170,940
+/-	0

Long-term Assets

Long-term Assets (as reported)	2,997,078
Property Plant Equipment	2,426,853
Long-term Assets Other	122,232
Long-term Assets (calculated)	2,549,085
+/-	447,993

Liabilities & Shareholders' Equity

Total Current Liabilities	1,145,401
Long-term Liabilities	2,927,192
Total Stockholder Equity	95,425

Total Current Liabilities

Total Current Liabilities (as reported)	1,145,401
Short-term Debt	137,242
Short Long Term Debt	43,857
Accounts payable	199,223
Other Current Liabilities	175,591
Total Current Liabilities (calculated)	555,913
+/-	589,488

Long-term Liabilities

Long-term Liabilities (as reported)	2,927,192
Long term Debt	1,537,152
Capital Lease Obligations	456,620
Long-term Liabilities Other	77,154
Long-term Liabilities (calculated)	2,070,926
+/-	856,266

Total Stockholder Equity

Total Stockholder Equity (as reported)	95,425
Common Stock	518
Retained Earnings	-119,738
Accumulated Other Comprehensive Income	-79,152
Other Stockholders Equity	293,797
Total Stockholder Equity (calculated)	95,425
+/-	0

Other

Capital Stock	518
Cash and Short Term Investments	925,747
Common Stock Shares Outstanding	51,655
Current Deferred Revenue	633,345
Liabilities and Stockholders Equity	4,168,018
Net Debt	1,867,106
Net Invested Capital	1,676,434
Net Working Capital	25,539
Property Plant and Equipment Gross	3,577,382
Short Long Term Debt Total	2,037,629

Balance Sheet

Currency in USD. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

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2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2008-03-31

2007-12-31

2007-09-30

2007-06-30

2007-03-31

2006-12-31

2006-09-30

2006-06-30

2006-03-31

2005-12-31

2005-09-30

2005-06-30

2005-03-31

2004-12-31

2004-09-30

2004-06-30

2004-03-31

2003-12-31

2003-09-30

2003-06-30

2003-03-31

2002-12-31

2002-09-30

2002-06-30

2002-03-31

2001-12-31

2001-09-30

2001-06-30

2001-03-31

2000-12-31

2000-09-30

2000-06-30

2000-03-31

1999-12-31

1999-09-30

1999-06-30

1999-03-31

1998-12-31

1998-09-30

1998-06-30

1998-03-31

1997-12-31

1997-09-30

1997-06-30

1997-03-31

1996-12-31

1996-09-30

1996-06-30

1996-03-31

1995-12-31

1995-09-30

1995-06-30

1995-03-31

1994-12-31

1994-09-30

1994-06-30

1994-03-31

> Total Assets

0
0
0
163,300
161,100
162,600
165,600
161,600
171,600
170,900
219,100
196,300
214,300
208,500
215,200
200,800
216,500
208,900
206,500
221,900
240,100
257,600
258,000
239,137
259,248
290,957
276,114
256,968
274,384
289,444
302,579
305,294
286,782
285,257
244,130
256,166
256,166
651
637
862
3,632
2,734
3,269
3,632
651
692,475
705,120
666,520
785,994
751,355
732,935
819,953
839,902
870,998
877,818
823,399
839,279
953,106
943,194
929,134
973,710
981,630
1,004,412
1,028,886
1,057,974
1,057,238
1,056,109
1,117,499
1,206,763
1,381,277
1,371,518
1,487,529
1,669,083
1,859,679
1,853,000
1,865,824
1,945,655
2,135,391
2,099,252
2,164,261
2,372,576
2,585,098
2,615,236
2,602,528
2,556,094
2,615,916
2,625,791
2,509,710
2,570,015
2,561,337
2,634,136
2,708,601
2,842,159
2,909,463
2,822,693
2,859,831
2,974,444
3,232,861
3,270,955
3,196,646
3,754,114
3,768,183
4,064,691
4,126,624
4,136,730
3,996,495
4,097,136
3,978,030
4,972,899
5,216,136
4,969,274
4,631,120
4,488,162
4,365,014
4,211,118
4,139,623
4,127,458
4,059,850
3,923,260
4,168,018

4,168,018

3,923,260

4,059,850

4,127,458

4,139,623

4,211,118

4,365,014

4,488,162

4,631,120

4,969,274

5,216,136

4,972,899

3,978,030

4,097,136

3,996,495

4,136,730

4,126,624

4,064,691

3,768,183

3,754,114

3,196,646

3,270,955

3,232,861

2,974,444

2,859,831

2,822,693

2,909,463

2,842,159

2,708,601

2,634,136

2,561,337

2,570,015

2,509,710

2,625,791

2,615,916

2,556,094

2,602,528

2,615,236

2,585,098

2,372,576

2,164,261

2,099,252

2,135,391

1,945,655

1,865,824

1,853,000

1,859,679

1,669,083

1,487,529

1,371,518

1,381,277

1,206,763

1,117,499

1,056,109

1,057,238

1,057,974

1,028,886

1,004,412

981,630

973,710

929,134

943,194

953,106

839,279

823,399

877,818

870,998

839,902

819,953

732,935

751,355

785,994

666,520

705,120

692,475

651

3,632

3,269

2,734

3,632

862

637

651

256,166

244,130

285,257

286,782

305,294

302,579

289,444

274,384

256,968

276,114

290,957

259,248

239,137

258,000

257,600

240,100

221,900

206,500

208,900

216,500

200,800

215,200

208,500

214,300

196,300

219,100

170,900

171,600

161,600

165,600

162,600

161,100

163,300

> Total Current Assets

0
0
0
33,700
36,800
38,000
43,600
38,400
51,300
53,500
103,400
78,500
89,400
79,100
84,100
66,100
79,800
75,100
79,900
81,900
90,500
105,000
105,400
118,663
136,094
154,827
137,012
127,521
142,355
159,563
176,481
179,332
164,435
165,387
125,175
140,884
140,884
151
137
362
3,132
2,234
2,769
3,132
151
306,989
324,205
287,606
309,624
335,628
321,803
259,696
277,444
311,926
314,896
267,383
239,546
357,949
344,319
311,035
363,960
396,824
426,554
441,660
458,002
455,743
455,386
446,520
514,459
488,184
480,690
499,531
578,171
621,706
626,204
571,858
625,183
665,691
616,277
605,807
664,063
746,115
756,312
704,847
678,610
786,041
791,767
740,984
811,136
792,182
860,252
798,236
914,039
1,000,861
821,711
702,086
746,076
841,299
845,820
705,167
739,589
738,352
981,703
874,706
1,029,447
962,853
1,168,511
1,118,478
2,172,609
2,482,068
2,288,561
2,013,905
1,921,515
1,833,029
1,725,548
1,678,307
1,625,773
1,545,260
1,395,969
1,170,940

1,170,940

1,395,969

1,545,260

1,625,773

1,678,307

1,725,548

1,833,029

1,921,515

2,013,905

2,288,561

2,482,068

2,172,609

1,118,478

1,168,511

962,853

1,029,447

874,706

981,703

738,352

739,589

705,167

845,820

841,299

746,076

702,086

821,711

1,000,861

914,039

798,236

860,252

792,182

811,136

740,984

791,767

786,041

678,610

704,847

756,312

746,115

664,063

605,807

616,277

665,691

625,183

571,858

626,204

621,706

578,171

499,531

480,690

488,184

514,459

446,520

455,386

455,743

458,002

441,660

426,554

396,824

363,960

311,035

344,319

357,949

239,546

267,383

314,896

311,926

277,444

259,696

321,803

335,628

309,624

287,606

324,205

306,989

151

3,132

2,769

2,234

3,132

362

137

151

140,884

125,175

165,387

164,435

179,332

176,481

159,563

142,355

127,521

137,012

154,827

136,094

118,663

105,400

105,000

90,500

81,900

79,900

75,100

79,800

66,100

84,100

79,100

89,400

78,500

103,400

53,500

51,300

38,400

43,600

38,000

36,800

33,700

Cash And Cash Equivalents

0
0
0
3,500
5,400
3,300
7,400
5,400
13,500
15,200
66,400
37,200
45,100
33,600
32,800
15,700
25,100
32,000
34,900
31,000
35,700
41,600
35,600
63,631
81,958
92,272
81,973
67,832
85,229
104,407
121,030
102,860
93,602
81,630
53,714
71,908
71,908
1
1
1
1,506
458
1,134
1,506
1
140,608
148,802
153,388
153,656
172,542
162,487
66,852
117,005
104,518
110,415
94,096
96,335
182,686
211,371
203,872
246,434
237,232
288,160
300,738
232,236
276,235
315,515
285,037
323,691
303,497
286,846
304,115
376,020
446,557
433,485
405,880
438,221
477,588
441,398
423,384
334,991
360,281
328,255
264,087
226,116
344,782
345,174
281,502
388,913
355,467
405,713
325,991
466,789
578,694
348,049
190,953
279,185
333,791
346,041
268,577
365,100
341,304
512,162
373,056
600,609
592,520
537,002
509,639
987,865
1,248,480
714,597
490,561
481,212
424,952
275,128
229,122
271,855
226,951
110,671
170,523

170,523

110,671

226,951

271,855

229,122

275,128

424,952

481,212

490,561

714,597

1,248,480

987,865

509,639

537,002

592,520

600,609

373,056

512,162

341,304

365,100

268,577

346,041

333,791

279,185

190,953

348,049

578,694

466,789

325,991

405,713

355,467

388,913

281,502

345,174

344,782

226,116

264,087

328,255

360,281

334,991

423,384

441,398

477,588

438,221

405,880

433,485

446,557

376,020

304,115

286,846

303,497

323,691

285,037

315,515

276,235

232,236

300,738

288,160

237,232

246,434

203,872

211,371

182,686

96,335

94,096

110,415

104,518

117,005

66,852

162,487

172,542

153,656

153,388

148,802

140,608

1,506

1,134

458

1,506

71,908

53,714

81,630

93,602

102,860

121,030

104,407

85,229

67,832

81,973

92,272

81,958

63,631

35,600

41,600

35,700

31,000

34,900

32,000

25,100

15,700

32,800

33,600

45,100

37,200

66,400

15,200

13,500

5,400

7,400

3,300

5,400

3,500

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,000
4,000
1,000
0
0
0
0
0
0
0
0
0
0
0
0
0
26,910
0
0
0
23,202
0
0
0
0
0
0
0
0
0
0
0
53,420
0
0
0
47,630
13,660
48,330
57,017
50,388
3,938
8,185
13,450
2,076
1,553
45,353
14,752
1,040
77,482
38,096
349,167
5,224
328,916
5,226
35,246
30,930
5,229
5,000
5,000
5,000
5,000
5,621
19,434
19,434
143,702
203,333
253,300
260,121
262,131
261,281
265,437
278,545
280,155
266,345
287,995
284,075
273,700
265,059
270,697
269,297
244,948
259,313
245,307
232,241
166,817
198,146
232,444
245,599
213,974
168,410
442,106
354,782
889,962
933,099
1,279,953
1,241,752
1,162,895
1,117,417
1,152,711
1,147,193
1,111,082
1,083,865
1,023,534
755,224

755,224

1,023,534

1,083,865

1,111,082

1,147,193

1,152,711

1,117,417

1,162,895

1,241,752

1,279,953

933,099

889,962

354,782

442,106

168,410

213,974

245,599

232,444

198,146

166,817

232,241

245,307

259,313

244,948

269,297

270,697

265,059

273,700

284,075

287,995

266,345

280,155

278,545

265,437

261,281

262,131

260,121

253,300

203,333

143,702

19,434

5,621

5,000

5,229

30,930

35,246

5,226

328,916

5,224

349,167

38,096

77,482

1,040

14,752

45,353

1,553

2,076

13,450

8,185

3,938

50,388

57,017

48,330

13,660

47,630

53,420

23,202

26,910

1,000

4,000

Net Receivables

0
0
0
16,300
17,800
20,700
22,500
18,200
23,700
26,100
25,200
28,000
30,100
31,500
35,500
31,400
35,200
28,300
32,500
36,400
39,400
32,400
31,900
24,921
23,330
29,352
31,660
25,195
33,199
28,978
26,476
35,010
32,403
43,964
25,559
28,093
28,093
150
111
286
801
1,060
1,060
801
150
52,443
55,188
35,278
38,986
36,373
35,729
39,304
50,285
50,159
42,761
40,622
55,122
56,306
45,363
32,816
45,489
38,792
53,025
50,156
48,996
43,664
41,352
59,887
95,598
79,279
77,339
94,164
112,946
96,709
107,704
80,750
99,950
97,577
79,258
74,245
97,715
94,833
82,902
80,737
96,533
83,871
80,682
81,723
79,757
93,432
85,388
96,067
104,485
86,472
118,622
140,279
106,724
111,493
126,534
111,834
110,658
109,726
145,466
161,572
130,250
120,832
97,864
162,529
152,611
158,337
149,584
164,089
163,927
159,236
157,650
184,066
103,262
96,562
98,943
106,527

106,527

98,943

96,562

103,262

184,066

157,650

159,236

163,927

164,089

149,584

158,337

152,611

162,529

97,864

120,832

130,250

161,572

145,466

109,726

110,658

111,834

126,534

111,493

106,724

140,279

118,622

86,472

104,485

96,067

85,388

93,432

79,757

81,723

80,682

83,871

96,533

80,737

82,902

94,833

97,715

74,245

79,258

97,577

99,950

80,750

107,704

96,709

112,946

94,164

77,339

79,279

95,598

59,887

41,352

43,664

48,996

50,156

53,025

38,792

45,489

32,816

45,363

56,306

55,122

40,622

42,761

50,159

50,285

39,304

35,729

36,373

38,986

35,278

55,188

52,443

150

801

1,060

801

286

111

150

28,093

25,559

43,964

32,403

35,010

26,476

28,978

33,199

25,195

31,660

29,352

23,330

24,921

31,900

32,400

39,400

36,400

32,500

28,300

35,200

31,400

35,500

31,500

30,100

28,000

25,200

26,100

23,700

18,200

22,500

20,700

17,800

16,300

Other Current Assets

0
0
0
7,700
6,900
6,900
6,500
7,200
6,500
5,000
4,400
6,200
5,900
4,600
6,500
5,600
5,900
4,300
3,200
6,000
5,600
20,900
26,200
6,521
7,805
10,827
6,719
22,937
12,631
11,744
20,400
33,787
30,421
34,621
28,564
13,273
23,202
0
25
75
825
716
575
825
25
56,838
65,478
53,420
70,804
76,835
71,021
53,719
39,852
49,132
47,823
38,720
41,901
91,235
54,051
56,269
54,161
31,921
29,843
71,444
32,632
80,619
79,370
83,242
5,225
82,769
90,956
77,657
61,943
57,147
63,175
35,001
39,270
46,108
35,347
452
32,551
32,893
47,677
2,454
47,019
48,051
53,013
75,050
37,508
53,788
57,918
66,740
49,443
46,612
56,783
65,196
83,404
99,315
95,292
58,573
60,553
53,279
54,095
56,849
46,133
45,431
54,918
56,086
74,340
74,893
77,489
66,127
60,305
75,091
85,544
63,553
83,021
72,185
91,754
78,551

78,551

91,754

72,185

83,021

63,553

85,544

75,091

60,305

66,127

77,489

74,893

74,340

56,086

54,918

45,431

46,133

56,849

54,095

53,279

60,553

58,573

95,292

99,315

83,404

65,196

56,783

46,612

49,443

66,740

57,918

53,788

37,508

75,050

53,013

48,051

47,019

2,454

47,677

32,893

32,551

452

35,347

46,108

39,270

35,001

63,175

57,147

61,943

77,657

90,956

82,769

5,225

83,242

79,370

80,619

32,632

71,444

29,843

31,921

54,161

56,269

54,051

91,235

41,901

38,720

47,823

49,132

39,852

53,719

71,021

76,835

70,804

53,420

65,478

56,838

825

575

716

825

23,202

13,273

28,564

34,621

30,421

33,787

20,400

11,744

12,631

22,937

6,719

10,827

7,805

6,521

26,200

20,900

5,600

6,000

3,200

4,300

5,900

5,600

6,500

4,600

5,900

6,200

4,400

5,000

6,500

7,200

6,500

6,900

7,700

> Long-term Assets

0
0
0
129,600
124,300
124,600
122,000
123,200
120,300
117,400
115,700
117,800
124,900
129,400
131,100
134,700
136,700
133,800
126,600
140,000
149,600
152,600
152,600
120,474
123,154
136,130
139,102
129,447
132,029
129,881
126,098
125,962
122,347
119,870
118,955
0
115,282
500
500
500
500
500
500
500
500
385,486
380,915
378,914
476,370
415,727
411,132
560,257
562,458
559,072
562,922
556,016
599,733
595,157
598,875
618,099
609,750
584,806
577,858
587,226
599,972
601,495
600,723
670,979
692,304
893,093
890,828
987,998
1,090,912
1,237,973
1,226,796
1,293,966
1,320,472
1,469,700
1,482,975
1,558,454
1,708,513
1,838,983
1,858,924
1,897,681
1,877,484
1,829,875
1,834,024
1,768,726
1,758,879
1,769,155
1,773,884
1,910,365
1,928,120
1,908,602
2,000,982
2,157,745
2,228,368
2,391,562
2,425,135
2,491,479
3,014,525
3,029,831
3,082,988
3,251,918
3,107,283
3,033,642
2,928,625
2,859,552
2,800,290
2,734,068
2,680,713
2,617,215
2,566,647
2,531,985
2,485,570
2,461,316
2,501,685
2,514,590
2,527,291
2,997,078

2,997,078

2,527,291

2,514,590

2,501,685

2,461,316

2,485,570

2,531,985

2,566,647

2,617,215

2,680,713

2,734,068

2,800,290

2,859,552

2,928,625

3,033,642

3,107,283

3,251,918

3,082,988

3,029,831

3,014,525

2,491,479

2,425,135

2,391,562

2,228,368

2,157,745

2,000,982

1,908,602

1,928,120

1,910,365

1,773,884

1,769,155

1,758,879

1,768,726

1,834,024

1,829,875

1,877,484

1,897,681

1,858,924

1,838,983

1,708,513

1,558,454

1,482,975

1,469,700

1,320,472

1,293,966

1,226,796

1,237,973

1,090,912

987,998

890,828

893,093

692,304

670,979

600,723

601,495

599,972

587,226

577,858

584,806

609,750

618,099

598,875

595,157

599,733

556,016

562,922

559,072

562,458

560,257

411,132

415,727

476,370

378,914

380,915

385,486

500

115,282

118,955

119,870

122,347

125,962

126,098

129,881

132,029

129,447

139,102

136,130

123,154

120,474

152,600

149,600

140,000

126,600

133,800

136,700

134,700

131,100

129,400

124,900

117,800

115,700

117,400

120,300

123,200

122,000

124,600

124,300

129,600

Property Plant Equipment

0
0
0
37,800
39,200
40,400
40,600
41,400
41,800
41,500
43,900
45,800
53,200
57,100
57,600
66,200
68,300
68,400
68,300
84,900
96,600
103,400
106,200
65,272
66,021
85,976
93,060
83,743
82,232
70,423
53,571
45,256
45,354
43,348
45,138
45,685
45,685
0
0
0
0
0
0
0
0
50,677
50,470
51,277
85,237
91,235
105,682
272,614
276,953
278,446
275,492
270,734
276,923
275,892
286,270
315,469
308,644
309,209
310,644
318,884
339,447
352,752
377,777
418,120
443,098
618,276
634,986
729,127
839,135
987,027
1,009,712
1,068,718
1,076,396
1,206,353
1,256,466
1,334,332
1,484,453
1,624,155
1,630,978
1,673,493
1,657,380
1,607,933
1,617,933
1,552,742
1,563,613
1,574,824
1,581,027
1,654,567
1,679,150
1,662,614
1,753,946
1,842,263
1,918,035
2,086,955
2,116,204
2,185,111
2,722,960
2,758,548
2,823,984
2,949,317
2,910,428
2,860,759
2,768,506
2,712,389
2,667,900
2,583,869
2,537,890
2,493,777
2,447,951
2,402,929
2,364,840
2,333,480
2,377,025
2,391,846
2,393,262
2,426,853

2,426,853

2,393,262

2,391,846

2,377,025

2,333,480

2,364,840

2,402,929

2,447,951

2,493,777

2,537,890

2,583,869

2,667,900

2,712,389

2,768,506

2,860,759

2,910,428

2,949,317

2,823,984

2,758,548

2,722,960

2,185,111

2,116,204

2,086,955

1,918,035

1,842,263

1,753,946

1,662,614

1,679,150

1,654,567

1,581,027

1,574,824

1,563,613

1,552,742

1,617,933

1,607,933

1,657,380

1,673,493

1,630,978

1,624,155

1,484,453

1,334,332

1,256,466

1,206,353

1,076,396

1,068,718

1,009,712

987,027

839,135

729,127

634,986

618,276

443,098

418,120

377,777

352,752

339,447

318,884

310,644

309,209

308,644

315,469

286,270

275,892

276,923

270,734

275,492

278,446

276,953

272,614

105,682

91,235

85,237

51,277

50,470

50,677

45,685

45,138

43,348

45,354

45,256

53,571

70,423

82,232

83,743

93,060

85,976

66,021

65,272

106,200

103,400

96,600

84,900

68,300

68,400

68,300

66,200

57,600

57,100

53,200

45,800

43,900

41,500

41,800

41,400

40,600

40,400

39,200

37,800

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,320
28,320
28,320
0
0
0
0
0
0
0
0
105,823
103,524
107,179
107,032
105,380
104,231
93,629
93,629
93,629
103,748
104,682
105,667
109,156
108,387
106,663
106,663
106,662
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
106,663
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

106,663

106,662

106,663

108,387

109,156

105,667

104,682

103,748

93,629

104,231

105,380

107,032

107,179

103,524

105,823

28,320

Intangible Assets

0
0
0
0
0
0
68,200
67,300
66,400
64,600
61,400
62,600
61,700
60,800
58,600
57,600
56,700
54,000
48,000
46,900
45,400
43,000
39,200
33,897
33,320
32,744
32,165
31,589
31,014
30,438
29,860
28,320
28,320
28,320
28,320
28,320
28,320
0
0
0
0
0
0
0
0
166,777
162,046
191,205
185,235
179,296
69,096
162,560
156,697
150,834
144,972
139,109
133,246
127,383
121,520
115,657
109,795
103,932
98,069
92,206
86,343
80,467
74,601
68,720
62,858
57,012
51,206
45,368
39,652
34,580
29,924
26,580
25,920
25,260
24,600
23,940
23,280
22,620
21,960
21,300
20,640
19,980
19,320
18,660
18,000
17,876
18,726
16,411
16,076
15,742
15,447
15,187
14,928
14,668
14,408
14,149
13,889
13,668
13,524
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
13,500
0

13,500

13,524

13,668

13,889

14,149

14,408

14,668

14,928

15,187

15,447

15,742

16,076

16,411

18,726

17,876

18,000

18,660

19,320

19,980

20,640

21,300

21,960

22,620

23,280

23,940

24,600

25,260

25,920

26,580

29,924

34,580

39,652

45,368

51,206

57,012

62,858

68,720

74,601

80,467

86,343

92,206

98,069

103,932

109,795

115,657

121,520

127,383

133,246

139,109

144,972

150,834

156,697

162,560

69,096

179,296

185,235

191,205

162,046

166,777

28,320

29,860

30,438

31,014

31,589

32,165

32,744

33,320

33,897

39,200

43,000

45,400

46,900

48,000

54,000

56,700

57,600

58,600

60,800

61,700

62,600

61,400

64,600

66,400

67,300

68,200

Other Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,133
50,154
46,042
45,704
49,797
59,458
72,527
80,706
76,993
76,522
73,817
69,597
70,204
500
500
500
500
500
500
500
0
334,809
330,445
327,637
391,133
324,492
305,450
287,643
285,505
280,626
287,430
285,282
322,810
319,265
312,605
302,630
301,106
275,597
267,214
268,342
260,525
248,743
222,946
252,859
249,206
274,817
255,842
258,871
251,777
250,946
217,084
225,248
244,076
263,347
226,509
224,122
224,060
214,828
227,946
224,188
220,104
221,942
216,091
215,984
195,266
194,331
192,857
255,798
248,970
245,988
247,036
315,482
310,333
183,276
187,860
305,513
171,013
150,952
138,817
273,226
183,355
159,383
146,619
947,552
118,890
2,970,728
828,600
298,642
218,677
5,079,838
247,289
-2,531,046
0
0
285,010
0

285,010

-2,531,046

247,289

5,079,838

218,677

298,642

828,600

2,970,728

118,890

947,552

146,619

159,383

183,355

273,226

138,817

150,952

171,013

305,513

187,860

183,276

310,333

315,482

247,036

245,988

248,970

255,798

192,857

194,331

195,266

215,984

216,091

221,942

220,104

224,188

227,946

214,828

224,060

224,122

226,509

263,347

244,076

225,248

217,084

250,946

251,777

258,871

255,842

274,817

249,206

252,859

222,946

248,743

260,525

268,342

267,214

275,597

301,106

302,630

312,605

319,265

322,810

285,282

287,430

280,626

285,505

287,643

305,450

324,492

391,133

327,637

330,445

334,809

500

70,204

69,597

73,817

76,522

76,993

80,706

72,527

59,458

49,797

45,704

46,042

50,154

57,133

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
69,254
52,027
59,519
55,767
53,102
23,197
36,376
45,321
30,038
5,357
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5,357

30,038

45,321

36,376

23,197

53,102

55,767

59,519

52,027

69,254

> Total Liabilities

0
0
0
129,500
135,500
137,500
135,700
132,400
122,500
121,000
133,700
113,400
132,500
124,900
127,700
113,900
130,700
120,100
111,400
131,000
148,400
164,000
160,900
173,011
195,720
227,905
223,569
238,709
255,897
268,323
270,846
326,504
321,786
354,352
330,074
398,776
398,776
63,299
63,816
64,593
66,255
66,196
66,488
66,255
63,299
621,417
626,066
618,453
730,708
723,640
697,423
736,316
766,843
802,345
784,504
690,060
727,894
786,271
750,720
875,821
893,748
874,181
866,445
852,797
881,768
872,666
848,791
839,630
916,018
1,139,410
1,103,180
1,264,653
1,436,613
1,621,444
1,566,239
1,597,222
1,690,453
1,860,688
1,784,758
1,767,397
1,983,544
2,169,152
2,154,477
2,235,295
2,252,426
2,287,222
2,248,641
2,063,648
2,083,783
1,995,225
1,968,452
2,028,148
2,136,446
2,122,288
1,981,902
1,893,889
2,136,230
2,312,814
2,287,754
2,248,652
2,779,054
2,761,493
2,997,844
3,044,828
3,212,364
3,170,562
3,379,921
3,377,873
4,360,897
4,605,662
4,341,630
4,062,034
4,066,069
3,989,461
3,863,635
3,806,358
3,894,138
3,836,033
3,744,502
4,072,593

4,072,593

3,744,502

3,836,033

3,894,138

3,806,358

3,863,635

3,989,461

4,066,069

4,062,034

4,341,630

4,605,662

4,360,897

3,377,873

3,379,921

3,170,562

3,212,364

3,044,828

2,997,844

2,761,493

2,779,054

2,248,652

2,287,754

2,312,814

2,136,230

1,893,889

1,981,902

2,122,288

2,136,446

2,028,148

1,968,452

1,995,225

2,083,783

2,063,648

2,248,641

2,287,222

2,252,426

2,235,295

2,154,477

2,169,152

1,983,544

1,767,397

1,784,758

1,860,688

1,690,453

1,597,222

1,566,239

1,621,444

1,436,613

1,264,653

1,103,180

1,139,410

916,018

839,630

848,791

872,666

881,768

852,797

866,445

874,181

893,748

875,821

750,720

786,271

727,894

690,060

784,504

802,345

766,843

736,316

697,423

723,640

730,708

618,453

626,066

621,417

63,299

66,255

66,488

66,196

66,255

64,593

63,816

63,299

398,776

330,074

354,352

321,786

326,504

270,846

268,323

255,897

238,709

223,569

227,905

195,720

173,011

160,900

164,000

148,400

131,000

111,400

120,100

130,700

113,900

127,700

124,900

132,500

113,400

133,700

121,000

122,500

132,400

135,700

137,500

135,500

129,500

> Total Current Liabilities

0
0
0
79,500
86,900
90,100
89,900
90,100
73,000
69,100
79,600
70,100
85,500
75,900
82,000
70,200
88,300
78,000
71,500
75,600
88,800
102,800
103,600
120,442
144,601
162,079
168,959
197,835
215,135
226,417
228,563
249,376
240,559
271,887
244,846
254,685
254,685
1,997
2,514
3,291
4,953
4,894
5,186
4,953
1,997
291,612
289,974
277,760
303,171
314,651
300,211
293,851
328,672
369,480
350,247
319,116
363,741
422,075
383,142
347,850
371,880
370,097
372,908
384,244
479,755
486,610
466,307
400,555
464,866
513,348
489,865
488,820
587,430
632,075
594,421
653,790
749,965
808,472
742,135
658,631
838,095
875,649
851,646
819,864
854,210
869,588
819,325
769,800
855,729
852,374
832,041
830,116
965,915
956,370
908,528
891,920
1,022,367
1,122,860
1,036,593
1,006,133
1,150,787
1,151,797
1,122,145
1,075,216
1,075,963
1,037,477
962,627
1,004,548
1,198,336
1,436,588
1,228,054
1,111,010
1,209,540
1,249,492
1,168,332
1,120,324
1,285,857
1,295,687
1,210,660
1,145,401

1,145,401

1,210,660

1,295,687

1,285,857

1,120,324

1,168,332

1,249,492

1,209,540

1,111,010

1,228,054

1,436,588

1,198,336

1,004,548

962,627

1,037,477

1,075,963

1,075,216

1,122,145

1,151,797

1,150,787

1,006,133

1,036,593

1,122,860

1,022,367

891,920

908,528

956,370

965,915

830,116

832,041

852,374

855,729

769,800

819,325

869,588

854,210

819,864

851,646

875,649

838,095

658,631

742,135

808,472

749,965

653,790

594,421

632,075

587,430

488,820

489,865

513,348

464,866

400,555

466,307

486,610

479,755

384,244

372,908

370,097

371,880

347,850

383,142

422,075

363,741

319,116

350,247

369,480

328,672

293,851

300,211

314,651

303,171

277,760

289,974

291,612

1,997

4,953

5,186

4,894

4,953

3,291

2,514

1,997

254,685

244,846

271,887

240,559

249,376

228,563

226,417

215,135

197,835

168,959

162,079

144,601

120,442

103,600

102,800

88,800

75,600

71,500

78,000

88,300

70,200

82,000

75,900

85,500

70,100

79,600

69,100

73,000

90,100

89,900

90,100

86,900

79,500

Short-term Debt

0
0
0
9,300
9,300
9,500
9,100
8,700
8,900
7,700
7,200
5,200
5,800
6,300
6,400
6,500
6,600
6,700
6,700
8,100
9,900
9,900
8,900
7,232
5,023
4,198
4,637
31,233
21,182
14,543
7,655
6,985
6,878
5,913
3,392
2,153
3,249
0
0
0
0
0
0
0
0
20,419
12,950
13,064
14,785
14,828
14,848
22,992
23,164
23,409
23,659
23,905
32,166
24,408
25,593
27,058
27,395
46,653
47,401
62,438
113,912
99,621
92,778
16,888
16,036
31,933
32,506
37,535
45,577
55,576
56,478
108,232
105,522
113,303
110,960
62,187
153,346
156,025
171,054
156,349
100,778
98,394
95,805
77,466
70,183
58,352
58,349
58,899
58,359
59,102
58,585
59,470
59,002
113,526
105,451
101,097
183,964
139,463
163,646
158,354
161,557
160,401
218,309
218,763
248,024
248,114
224,991
200,403
161,238
150,338
147,512
151,483
149,615
142,476
137,576
137,242

137,242

137,576

142,476

149,615

151,483

147,512

150,338

161,238

200,403

224,991

248,114

248,024

218,763

218,309

160,401

161,557

158,354

163,646

139,463

183,964

101,097

105,451

113,526

59,002

59,470

58,585

59,102

58,359

58,899

58,349

58,352

70,183

77,466

95,805

98,394

100,778

156,349

171,054

156,025

153,346

62,187

110,960

113,303

105,522

108,232

56,478

55,576

45,577

37,535

32,506

31,933

16,036

16,888

92,778

99,621

113,912

62,438

47,401

46,653

27,395

27,058

25,593

24,408

32,166

23,905

23,659

23,409

23,164

22,992

14,848

14,828

14,785

13,064

12,950

20,419

3,249

2,153

3,392

5,913

6,878

6,985

7,655

14,543

21,182

31,233

4,637

4,198

5,023

7,232

8,900

9,900

8,100

6,700

6,600

6,500

6,400

6,300

5,800

5,200

7,200

7,700

8,900

8,700

9,100

9,500

9,300

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
156,375
0
0
0
74,511
0
0
0
58,899
58,359
527,511
58,585
59,470
59,002
113,526
105,451
68,338
93,483
50,029
77,014
53,273
59,794
60,079
114,810
115,019
142,051
141,536
119,980
97,096
60,431
46,857
45,205
47,836
46,176
44,063
42,364
43,857

43,857

42,364

44,063

46,176

47,836

45,205

46,857

60,431

97,096

119,980

141,536

142,051

115,019

114,810

60,079

59,794

53,273

77,014

50,029

93,483

68,338

105,451

113,526

59,002

59,470

58,585

527,511

58,359

58,899

74,511

156,375

Accounts payable

0
0
0
17,500
24,600
27,200
25,200
35,200
24,300
23,800
25,500
26,800
28,300
27,000
26,800
27,600
28,000
27,000
27,300
28,900
34,200
34,700
34,100
41,864
40,295
43,379
47,182
55,083
50,282
55,672
54,339
71,926
59,842
68,206
55,059
79,682
79,682
266
535
771
1,163
1,258
1,638
1,163
266
50,261
42,275
39,089
35,867
39,983
38,926
51,918
45,995
53,387
44,892
37,239
49,650
51,782
38,875
46,065
43,935
37,142
45,750
49,509
56,050
48,767
56,365
69,300
76,007
86,802
73,145
80,636
81,541
84,937
81,008
82,084
97,550
85,245
88,145
89,787
91,687
87,886
78,350
97,260
104,353
103,618
101,863
101,310
111,596
114,396
107,456
116,507
124,260
118,043
118,810
140,805
137,716
153,262
141,209
143,146
145,067
150,131
155,362
148,748
152,310
101,641
96,160
112,002
117,288
109,058
131,341
114,400
129,832
148,583
147,052
196,009
202,864
180,287
198,007
199,223

199,223

198,007

180,287

202,864

196,009

147,052

148,583

129,832

114,400

131,341

109,058

117,288

112,002

96,160

101,641

152,310

148,748

155,362

150,131

145,067

143,146

141,209

153,262

137,716

140,805

118,810

118,043

124,260

116,507

107,456

114,396

111,596

101,310

101,863

103,618

104,353

97,260

78,350

87,886

91,687

89,787

88,145

85,245

97,550

82,084

81,008

84,937

81,541

80,636

73,145

86,802

76,007

69,300

56,365

48,767

56,050

49,509

45,750

37,142

43,935

46,065

38,875

51,782

49,650

37,239

44,892

53,387

45,995

51,918

38,926

39,983

35,867

39,089

42,275

50,261

266

1,163

1,638

1,258

1,163

771

535

266

79,682

55,059

68,206

59,842

71,926

54,339

55,672

50,282

55,083

47,182

43,379

40,295

41,864

34,100

34,700

34,200

28,900

27,300

27,000

28,000

27,600

26,800

27,000

28,300

26,800

25,500

23,800

24,300

35,200

25,200

27,200

24,600

17,500

Other Current Liabilities

0
0
0
52,700
53,000
53,400
55,600
46,200
39,800
37,600
46,900
38,100
51,400
42,600
48,800
36,100
53,700
44,300
37,500
38,600
44,700
58,200
60,600
71,346
99,283
114,502
117,140
111,519
143,671
156,202
166,569
170,465
173,839
197,768
189,787
171,754
172,850
1,731
1,979
2,520
3,790
3,636
3,548
3,790
1,731
221,169
234,749
216,338
252,519
259,840
246,437
201,332
259,513
292,684
281,696
257,972
281,925
299,756
267,685
274,727
300,550
286,302
279,757
210,948
252,988
275,755
256,034
250,861
319,329
55,605
64,399
303,382
64,234
71,226
71,124
74,828
74,885
87,455
90,431
97,571
88,331
94,650
114,717
141,919
125,967
122,629
139,827
160,258
146,441
121,775
150,848
172,214
176,900
159,933
157,760
146,283
126,700
144,003
136,820
158,154
130,746
164,034
151,566
161,430
138,355
221,881
132,734
140,081
145,701
256,342
150,276
165,050
157,687
166,839
173,966
182,036
186,911
177,394
175,992
175,591

175,591

175,992

177,394

186,911

182,036

173,966

166,839

157,687

165,050

150,276

256,342

145,701

140,081

132,734

221,881

138,355

161,430

151,566

164,034

130,746

158,154

136,820

144,003

126,700

146,283

157,760

159,933

176,900

172,214

150,848

121,775

146,441

160,258

139,827

122,629

125,967

141,919

114,717

94,650

88,331

97,571

90,431

87,455

74,885

74,828

71,124

71,226

64,234

303,382

64,399

55,605

319,329

250,861

256,034

275,755

252,988

210,948

279,757

286,302

300,550

274,727

267,685

299,756

281,925

257,972

281,696

292,684

259,513

201,332

246,437

259,840

252,519

216,338

234,749

221,169

1,731

3,790

3,548

3,636

3,790

2,520

1,979

1,731

172,850

171,754

189,787

197,768

173,839

170,465

166,569

156,202

143,671

111,519

117,140

114,502

99,283

71,346

60,600

58,200

44,700

38,600

37,500

44,300

53,700

36,100

48,800

42,600

51,400

38,100

46,900

37,600

39,800

46,200

55,600

53,400

53,000

52,700

> Long-term Liabilities

0
0
0
50,000
48,600
47,400
45,800
42,300
49,500
51,900
54,100
43,300
47,000
49,000
45,700
43,700
42,400
42,100
39,900
55,400
59,600
61,200
57,300
52,569
51,119
65,826
54,610
40,874
40,762
41,906
42,283
77,128
81,227
82,465
85,228
0
144,091
61,302
61,302
61,302
61,302
61,302
61,302
61,302
61,302
329,805
336,092
340,693
427,537
408,989
397,212
442,465
438,171
432,865
434,257
370,944
364,153
364,196
367,578
527,971
521,868
504,084
493,537
468,553
402,013
386,056
382,484
439,075
451,152
626,062
613,315
775,833
849,183
989,369
971,818
943,432
940,488
1,052,216
1,042,623
1,108,766
1,145,449
1,293,503
1,302,831
1,415,431
1,398,216
1,417,634
1,429,316
1,293,848
1,228,054
1,142,851
1,136,411
1,198,032
1,170,531
1,165,918
1,073,374
1,001,969
1,113,863
1,189,954
1,251,161
1,242,519
1,628,267
1,609,696
1,875,699
1,969,612
2,136,401
2,133,085
2,417,294
2,373,325
3,162,561
3,169,074
3,113,576
2,951,024
2,856,529
2,739,969
2,695,303
2,686,034
2,608,281
2,540,346
2,533,842
2,927,192

2,927,192

2,533,842

2,540,346

2,608,281

2,686,034

2,695,303

2,739,969

2,856,529

2,951,024

3,113,576

3,169,074

3,162,561

2,373,325

2,417,294

2,133,085

2,136,401

1,969,612

1,875,699

1,609,696

1,628,267

1,242,519

1,251,161

1,189,954

1,113,863

1,001,969

1,073,374

1,165,918

1,170,531

1,198,032

1,136,411

1,142,851

1,228,054

1,293,848

1,429,316

1,417,634

1,398,216

1,415,431

1,302,831

1,293,503

1,145,449

1,108,766

1,042,623

1,052,216

940,488

943,432

971,818

989,369

849,183

775,833

613,315

626,062

451,152

439,075

382,484

386,056

402,013

468,553

493,537

504,084

521,868

527,971

367,578

364,196

364,153

370,944

434,257

432,865

438,171

442,465

397,212

408,989

427,537

340,693

336,092

329,805

61,302

144,091

85,228

82,465

81,227

77,128

42,283

41,906

40,762

40,874

54,610

65,826

51,119

52,569

57,300

61,200

59,600

55,400

39,900

42,100

42,400

43,700

45,700

49,000

47,000

43,300

54,100

51,900

49,500

42,300

45,800

47,400

48,600

50,000

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
377,106
369,586
424,436
494,102
631,268
617,761
553,009
542,642
653,631
651,778
744,286
786,501
915,110
885,486
893,288
861,632
848,217
818,608
694,678
612,596
527,625
506,328
497,908
477,169
468,409
447,533
511,201
498,748
578,453
612,583
608,684
519,105
515,254
704,527
547,254
757,221
792,766
1,035,971
1,034,805
1,863,999
1,887,541
1,851,672
1,704,298
1,671,092
1,598,553
0
1,583,889
1,566,382
1,552,693
0
0

1,552,693

1,566,382

1,583,889

1,598,553

1,671,092

1,704,298

1,851,672

1,887,541

1,863,999

1,034,805

1,035,971

792,766

757,221

547,254

704,527

515,254

519,105

608,684

612,583

578,453

498,748

511,201

447,533

468,409

477,169

497,908

506,328

527,625

612,596

694,678

818,608

848,217

861,632

893,288

885,486

915,110

786,501

744,286

651,778

653,631

542,642

553,009

617,761

631,268

494,102

424,436

369,586

377,106

Deferred Long Term Asset Charges

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
69,254
52,027
59,519
55,767
53,102
23,197
36,376
45,321
30,038
5,357
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

5,357

30,038

45,321

36,376

23,197

53,102

55,767

59,519

52,027

69,254

Other Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,895
24,506
18,782
28,044
27,350
28,767
29,569
72,147
76,571
77,696
81,260
140,850
216,059
61,302
61,302
61,302
61,302
61,302
61,302
61,302
61,302
252,895
253,803
253,848
258,740
261,655
262,331
186,475
187,257
187,808
192,006
155,018
154,022
159,874
160,321
295,753
296,320
284,977
281,290
278,218
272,759
261,694
261,638
267,191
270,989
248,956
243,729
351,397
355,081
358,101
354,057
390,423
397,846
398,585
390,845
323,530
322,860
326,864
338,832
480,514
480,631
488,176
493,332
462,545
474,831
473,977
464,406
529,581
526,306
529,146
406,998
316,424
483,234
611,501
638,578
633,835
628,183
624,899
715,407
765,812
746,621
732,287
730,992
714,526
700,975
706,779
712,871
722,438
685,886
670,274
674,030
679,198
0
0
624,550
0

624,550

679,198

674,030

670,274

685,886

722,438

712,871

706,779

700,975

714,526

730,992

732,287

746,621

765,812

715,407

624,899

628,183

633,835

638,578

611,501

483,234

316,424

406,998

529,146

526,306

529,581

464,406

473,977

474,831

462,545

493,332

488,176

480,631

480,514

338,832

326,864

322,860

323,530

390,845

398,585

397,846

390,423

354,057

358,101

355,081

351,397

243,729

248,956

270,989

267,191

261,638

261,694

272,759

278,218

281,290

284,977

296,320

295,753

160,321

159,874

154,022

155,018

192,006

187,808

187,257

186,475

262,331

261,655

258,740

253,848

253,803

252,895

61,302

216,059

140,850

81,260

77,696

76,571

72,147

29,569

28,767

27,350

28,044

18,782

24,506

24,895

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
40,950
36,088
0
0
41,629
0
0
0
136,625
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
199,455
204,042
186,797
147,404
134,571
0
130,400
102,131
100,308
0
0

100,308

102,131

130,400

134,571

147,404

186,797

204,042

199,455

136,625

41,629

36,088

40,950

> Total Stockholder Equity

0
0
0
33,800
25,600
25,100
29,900
29,200
49,100
49,900
85,400
82,900
81,800
83,600
87,500
86,900
85,800
88,800
95,100
90,900
91,700
93,600
97,100
66,126
63,528
63,052
52,545
18,259
18,487
21,121
31,733
-21,210
-35,004
-69,095
-85,944
0
-142,610
-62,648
-63,179
-63,731
-62,623
-63,462
-63,219
-62,623
-62,648
71,058
79,054
48,067
55,286
27,715
35,512
83,637
73,059
68,653
93,314
133,339
111,385
166,835
192,474
53,313
79,962
107,449
137,967
176,089
176,206
184,572
207,318
277,869
290,745
241,867
268,338
222,876
232,470
238,235
286,761
268,602
255,202
274,703
314,494
396,864
389,032
415,946
460,759
367,233
303,668
328,694
377,150
446,062
486,232
566,112
665,684
680,453
705,713
787,175
840,791
965,942
838,214
920,047
983,201
947,994
975,060
1,006,690
1,066,847
1,081,796
924,366
825,933
717,215
600,157
612,002
610,474
627,644
569,086
422,093
375,553
347,483
333,265
233,320
223,817
178,758
95,425

95,425

178,758

223,817

233,320

333,265

347,483

375,553

422,093

569,086

627,644

610,474

612,002

600,157

717,215

825,933

924,366

1,081,796

1,066,847

1,006,690

975,060

947,994

983,201

920,047

838,214

965,942

840,791

787,175

705,713

680,453

665,684

566,112

486,232

446,062

377,150

328,694

303,668

367,233

460,759

415,946

389,032

396,864

314,494

274,703

255,202

268,602

286,761

238,235

232,470

222,876

268,338

241,867

290,745

277,869

207,318

184,572

176,206

176,089

137,967

107,449

79,962

53,313

192,474

166,835

111,385

133,339

93,314

68,653

73,059

83,637

35,512

27,715

55,286

48,067

79,054

71,058

-62,648

-62,623

-63,219

-63,462

-62,623

-63,731

-63,179

-62,648

-142,610

-85,944

-69,095

-35,004

-21,210

31,733

21,121

18,487

18,259

52,545

63,052

63,528

66,126

97,100

93,600

91,700

90,900

95,100

88,800

85,800

86,900

87,500

83,600

81,800

82,900

85,400

49,900

49,100

29,200

29,900

25,100

25,600

33,800

Common Stock

0
0
0
0
0
0
100
100
300
300
400
400
400
400
400
400
400
400
400
400
400
400
400
410
410
410
410
410
410
410
413
415
418
420
423
284
284
285
285
285
293
298
301
293
285
448
451
453
459
466
466
466
466
472
472
472
473
476
515
515
516
516
516
516
516
519
519
522
525
528
528
507
511
513
513
514
519
521
524
524
532
537
540
545
547
548
533
534
536
535
534
534
536
536
525
512
508
507
500
485
482
475
467
461
460
460
460
481
511
512
512
512
513
514
514
514
515
516
516
518

518

516

515

514

513

512

511

481

460

461

467

475

482

485

500

507

508

512

525

536

534

535

536

534

533

548

547

545

540

537

532

524

521

519

514

513

511

507

528

525

522

519

516

515

476

473

472

466

459

453

451

448

285

293

301

298

293

285

284

423

420

418

415

413

410

400

300

100

Retained Earnings Total Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,244
53,861
64,051
71,309
75,213
120,696
117,288
100,143
111,459
152,063
169,142
164,067
191,394
226,969
238,068
263,951
312,785
382,814
420,714
472,180
551,750
654,204
656,146
693,058
773,491
848,057
913,951
795,293
866,180
922,491
912,201
936,566
969,059
1,023,490
1,049,567
892,173
785,269
688,170
525,610
464,919
458,742
473,411
380,837
258,028
221,254
0
140,756
42,499
30,164
0
0

30,164

42,499

140,756

221,254

258,028

380,837

473,411

458,742

464,919

525,610

688,170

785,269

892,173

1,049,567

1,023,490

969,059

936,566

912,201

922,491

866,180

795,293

913,951

848,057

773,491

693,058

656,146

654,204

551,750

472,180

420,714

382,814

312,785

263,951

238,068

226,969

191,394

164,067

169,142

152,063

111,459

100,143

117,288

120,696

75,213

71,309

64,051

53,861

28,244

Accumulated Other Comprehensive Income

0
0
0
-900
-1,900
-2,900
-4,000
-5,000
-6,200
-7,300
-8,500
-10,200
-11,800
-13,600
-15,300
-17,200
-19,000
-21,300
-23,500
-25,600
-28,200
-31,200
-34,900
-12,541
-15,653
-18,876
-22,351
-22,171
-24,617
-27,412
-30,954
-33,159
-34,652
-35,884
-51,901
-28,068
-94,174
0
0
0
0
0
0
0
0
-753
-493
-12,144
-2,646
1,574
260
56,547
57,154
56,179
60,735
96,884
93,933
-1,174
-1,381
-35,177
-32,432
-32,208
-33,322
-31,457
-32,486
-33,013
-32,345
-35,279
-35,190
-35,100
-34,971
-102,340
-101,272
-100,083
-98,220
-114,054
-111,959
-104,632
-107,716
-42,686
-47,937
-51,113
-44,078
-122,812
-121,652
-121,552
-122,280
-99,277
-106,046
-111,747
-112,558
-103,493
-109,036
-106,353
-81,567
-75,264
-82,455
-72,511
-67,411
-93,140
-90,879
-93,087
-90,113
-103,883
-102,552
-103,170
-116,299
-114,527
-114,851
-114,434
-114,144
-81,838
-106,476
-118,124
-117,660
-95,166
-97,218
-96,691
-95,537
-79,152

-79,152

-95,537

-96,691

-97,218

-95,166

-117,660

-118,124

-106,476

-81,838

-114,144

-114,434

-114,851

-114,527

-116,299

-103,170

-102,552

-103,883

-90,113

-93,087

-90,879

-93,140

-67,411

-72,511

-82,455

-75,264

-81,567

-106,353

-109,036

-103,493

-112,558

-111,747

-106,046

-99,277

-122,280

-121,552

-121,652

-122,812

-44,078

-51,113

-47,937

-42,686

-107,716

-104,632

-111,959

-114,054

-98,220

-100,083

-101,272

-102,340

-34,971

-35,100

-35,190

-35,279

-32,345

-33,013

-32,486

-31,457

-33,322

-32,208

-32,432

-35,177

-1,381

-1,174

93,933

96,884

60,735

56,179

57,154

56,547

260

1,574

-2,646

-12,144

-493

-753

-94,174

-28,068

-51,901

-35,884

-34,652

-33,159

-30,954

-27,412

-24,617

-22,171

-22,351

-18,876

-15,653

-12,541

-34,900

-31,200

-28,200

-25,600

-23,500

-21,300

-19,000

-17,200

-15,300

-13,600

-11,800

-10,200

-8,500

-7,300

-6,200

-5,000

-4,000

-2,900

-1,900

-900

Capital Surplus

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
258,947
259,672
260,658
261,922
262,592
263,772
264,854
266,499
267,355
269,623
269,884
272,370
275,128
277,328
251,432
160,822
154,534
116,083
124,091
119,562
125,574
123,504
127,266
121,155
119,501
73,776
126,743
124,868
125,871
127,621
128,448
128,891
130,243
133,003
135,651
134,285
143,374
144,884
188,593
261,423
265,654
267,865
269,575
270,028
271,909
0
287,161
287,524
289,828
0
0

289,828

287,524

287,161

271,909

270,028

269,575

267,865

265,654

261,423

188,593

144,884

143,374

134,285

135,651

133,003

130,243

128,891

128,448

127,621

125,871

124,868

126,743

73,776

119,501

121,155

127,266

123,504

125,574

119,562

124,091

116,083

154,534

160,822

251,432

277,328

275,128

272,370

269,884

269,623

267,355

266,499

264,854

263,772

262,592

261,922

260,658

259,672

258,947

Treasury Stock

-17,621

-10,752

-754

-638

Other Stockholders Equity

0
0
0
40,900
41,900
42,900
43,900
45,800
67,200
67,600
102,800
105,900
108,800
111,200
115,300
117,900
119,700
122,100
124,400
122,100
124,700
127,700
131,400
113,531
116,643
114,773
107,961
93,909
96,367
98,832
100,935
60,354
66,630
64,854
43,056
0
-7,731
60,077
60,077
60,077
62,440
64,184
66,180
62,440
60,077
203,414
206,040
203,335
213,840
207,646
223,216
210,439
211,753
212,282
212,366
213,084
214,044
215,146
235,709
236,429
236,543
237,450
238,298
239,397
240,298
240,668
231,947
312,626
246,934
248,095
248,949
260,318
261,650
262,509
263,552
264,800
266,540
267,723
269,907
270,198
272,433
275,015
277,250
251,620
161,170
137,361
115,803
123,814
119,516
125,827
123,946
126,773
121,119
119,148
74,209
126,479
124,413
126,360
127,210
128,308
129,012
130,156
132,890
135,768
134,733
143,374
144,884
188,593
261,423
265,654
267,865
-299,511
270,028
271,909
273,713
287,161
54,204
289,828
292,335
293,797

293,797

292,335

289,828

54,204

287,161

273,713

271,909

270,028

-299,511

267,865

265,654

261,423

188,593

144,884

143,374

134,733

135,768

132,890

130,156

129,012

128,308

127,210

126,360

124,413

126,479

74,209

119,148

121,119

126,773

123,946

125,827

119,516

123,814

115,803

137,361

161,170

251,620

277,250

275,015

272,433

270,198

269,907

267,723

266,540

264,800

263,552

262,509

261,650

260,318

248,949

248,095

246,934

312,626

231,947

240,668

240,298

239,397

238,298

237,450

236,543

236,429

235,709

215,146

214,044

213,084

212,366

212,282

211,753

210,439

223,216

207,646

213,840

203,335

206,040

203,414

60,077

62,440

66,180

64,184

62,440

60,077

-7,731

43,056

64,854

66,630

60,354

100,935

98,832

96,367

93,909

107,961

114,773

116,643

113,531

131,400

127,700

124,700

122,100

124,400

122,100

119,700

117,900

115,300

111,200

108,800

105,900

102,800

67,600

67,200

45,800

43,900

42,900

41,900

40,900

Balance Sheet

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Accounts Payable	199,223	196,009	114,400	112,002	148,748	143,146	140,805	116,507	101,310	97,260	89,787	82,084	80,636	69,300	49,509	46,065	37,239	51,918	39,089	771	771	79,682	71,926	55,083	41,864	28,900	27,600	26,800	35,200	17,500
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	-454,231	-432,510	-367,507	-327,102	-249,495	-181,599	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	-79,152	-95,166	-81,838	-114,527	-103,883	-93,140	-75,264	-103,493	-99,277	-122,812	-42,686	-114,054	-102,340	-35,279	-31,457	-35,177	96,884	56,547	-12,144	0	0	-94,174	-33,159	-22,171	-12,541	-25,600	-17,200	-10,200	-5,000	-900
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	456,620	526,594	627,595	727,738	761,627	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	518	514	512	481	461	485	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	287,161	269,575	188,593	135,651	128,448	126,743	127,266	124,091	251,432	269,884	264,854	260,658	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	170,523	229,122	490,561	509,639	373,056	268,577	190,953	325,991	281,502	264,087	423,384	405,880	304,115	285,037	300,738	203,872	94,096	66,852	153,388	1	1	71,908	102,860	67,832	63,631	31,000	15,700	37,200	5,400	3,500
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	925,747	1,376,315	1,732,313	864,421	618,655	500,818	460,250	610,066	560,047	524,208	423,384	405,880	304,115	285,037	301,778	205,948	144,484	114,482	153,388	1	1	71,908	102,860	67,832	63,631	31,000	19,700	37,200	5,400	3,500
Common Stock	518	514	512	481	461	485	512	534	534	545	524	514	507	522	516	515	472	466	453	285	285	284	415	410	410	400	400	400	100	0
Common Stock Shares Outstanding	51,596	51,361	50,769	46,100	47,546	50,488	53,413	53,958	61,256	62,822	53,155	52,535	50,733	52,482	52,504	50,527	47,460	47,153	39,250	28,435	28,435	31,024	33,947	38,537	40,997	43,158	36,667	30,000	9,322	9,538
Common Stock Total Equity	0	514	512	481	461	485	512	534	534	545	524	514	507	522	516	515	472	466	453	307	285	284	415	410	410	400	400	400	100	0
Current Deferred Revenue	633,345	590,796	631,157	533,702	606,684	603,736	545,362	482,496	430,766	424,336	409,086	388,646	67,267	63,506	61,349	0	0	0	0	0	0	-1,096	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	36,376	59,519	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	130,400	186,797	0	0	0	0	0	136,625	41,629	40,950	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	0	0	0	0	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	104,682	93,629	107,179	0	0	28,320	0	0	0	0	0	0	0	0
Intangible Assets	0	13,500	13,500	13,500	13,500	14,149	15,187	16,411	18,660	21,300	23,940	26,580	45,368	68,720	92,206	115,657	139,109	162,560	191,205	0	0	28,320	28,320	31,589	33,897	46,900	57,600	62,600	67,300	0
Inventory	60,115	36,875	34,109	35,442	37,630	33,942	35,361	20,363	19,164	18,011	19,767	27,552	23,595	18,354	18,282	16,002	19,035	15,462	14,578	0	0	4,408	4,675	4,432	13,965	8,500	9,400	7,100	7,600	6,200
Liabilities And Stockholders Equity	4,168,018	4,139,623	4,631,120	3,978,030	4,126,624	3,196,646	2,859,831	2,708,601	2,509,710	2,602,528	2,164,261	1,865,824	1,487,529	1,117,499	1,028,886	929,134	823,399	819,953	666,520	862	862	256,166	305,294	256,968	239,137	221,900	200,800	196,300	161,600	163,300
Long Term Debt	1,537,152	1,583,889	1,704,298	1,034,805	547,254	608,684	511,201	497,908	677,915	893,288	744,286	553,009	424,436	171,884	190,335	232,218	215,926	238,381	77,576	0	0	3,241	4,981	12,830	0	0	0	0	0	0
Long Term Debt Total	0	1,583,889	1,704,298	1,034,805	547,254	608,684	511,201	497,908	694,678	893,288	744,286	553,009	424,436	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	1,867,106	1,929,197	1,938,428	1,367,923	989,098	441,204	379,718	230,816	490,642	785,550	383,089	255,361	157,856	-96,265	-47,965	55,404	145,735	194,521	-62,748	-1	-1	-65,418	-90,894	-23,769	-29,751	-2,500	5,400	-18,300	18,900	32,700
Net Invested Capital	1,676,434	1,964,990	2,370,480	1,749,981	1,682,323	1,657,775	1,536,613	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	106,527	184,066	164,089	162,529	161,572	111,834	140,279	96,067	81,723	80,737	74,245	80,750	94,164	59,887	50,156	32,816	40,622	39,304	35,278	286	286	28,093	35,010	25,195	24,921	36,400	31,400	28,000	18,200	16,300
Net Tangible Assets	0	1,074,581	614,144	600,157	1,081,796	947,994	965,942	557,379	184,114	197,641	325,685	135,359	70,845	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	25,539	557,983	902,895	113,930	-200,510	-300,966	-189,834	-31,880	-28,816	-115,017	-52,824	-81,932	10,711	45,965	57,416	-36,815	-51,733	-34,155	9,846	-2,929	-2,929	-113,801	-70,044	-70,314	-1,779	6,300	-4,100	8,400	-51,700	-45,800
Non Current Assets Total	2,997,078	2,461,316	2,617,215	2,859,552	3,251,918	2,491,479	2,157,745	1,910,365	1,768,726	1,897,681	1,558,454	1,293,966	987,998	670,979	587,226	618,099	556,016	560,257	378,914	500	500	115,282	125,962	129,447	120,474	140,000	134,700	117,800	123,200	129,600
Non Current Liabilities Other	77,154	230,429	239,157	1,338,520	1,422,358	633,835	490,768	700,124	599,170	522,143	264,106	390,423	351,397	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	2,927,192	2,686,034	2,951,024	2,373,325	1,969,612	1,242,519	1,001,969	1,198,032	1,293,848	1,415,431	1,108,766	943,432	775,833	439,075	468,553	527,971	370,944	442,465	340,693	61,302	61,302	144,091	77,128	40,874	52,569	55,400	43,700	43,300	42,300	50,000
Non Currrent Assets Other	122,232	114,336	109,938	133,663	-134,723	185,556	193,632	132,724	90,661	96,225	93,519	55,629	47,321	38,629	70,938	52,637	41,491	31,454	29,253	500	500	41,277	52,386	14,115	21,305	8,200	10,900	9,400	14,500	91,800
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	-2,531,046	298,642	947,552	273,226	305,513	344,284	250,486	70,873	96,225	93,519	92,005	106,840	77,476	39,552	52,637	41,491	31,454	29,253	500	500	41,277	52,386	14,115	0	0	0	0	0	0
Other Current Assets	78,551	63,553	66,127	56,086	56,849	58,573	65,196	66,740	75,050	2,454	452	35,001	77,657	83,242	71,444	56,269	38,720	53,719	53,420	75	75	23,202	33,787	22,937	6,521	6,000	5,600	6,200	7,200	7,700
Other Current Liab	175,591	182,036	165,050	140,081	161,430	158,154	292,566	344,428	320,516	141,919	97,571	149,656	370,649	314,367	272,297	274,727	257,972	218,941	225,607	2,520	2,520	171,754	170,465	111,519	71,346	38,600	36,100	38,100	46,200	52,700
Other Liab	0	679,198	722,438	714,526	765,812	633,835	580,534	700,124	598,928	480,514	323,530	390,423	351,397	267,191	278,218	295,753	155,018	186,475	253,848	61,302	61,302	140,850	72,147	28,044	0	0	0	0	0	0
Other Stockholder Equity	293,797	287,161	269,575	188,593	135,651	128,308	126,743	127,266	124,091	251,432	269,884	264,854	260,658	312,626	239,854	236,606	213,200	210,892	203,479	60,077	60,077	58,375	27,195	71,738	100,990	96,500	100,700	95,700	40,800	40,000
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	3,577,382	3,468,742	3,493,743	2,712,389	2,949,317	2,185,111	1,842,263	1,654,567	1,552,742	1,673,493	1,334,332	1,068,718	729,127	418,120	318,884	315,469	270,734	272,614	51,277	0	0	45,685	45,256	83,743	65,272	84,900	66,200	45,800	41,400	37,800
Property Plant And Equipment Net	2,426,853	2,333,480	2,493,777	2,712,389	2,949,317	2,185,111	1,842,263	1,654,567	1,552,742	1,673,493	1,334,332	1,068,718	729,127	418,120	318,884	315,469	270,734	272,614	51,277	0	0	45,685	45,256	83,743	65,272	84,900	66,200	45,800	41,400	37,800
Property Plant Equipment	0	2,250,446	2,410,743	2,637,300	2,316,772	2,185,111	1,842,263	1,654,567	1,552,742	1,673,493	1,334,332	1,068,718	729,127	418,120	318,884	315,469	270,734	272,614	51,277	0	0	45,685	45,256	83,743	0	0	0	0	0	0
Retained Earnings	-119,738	140,756	380,837	525,610	1,049,567	912,201	913,951	656,146	420,714	238,068	169,142	117,288	64,051	42,152	-32,824	-148,631	-177,217	-184,268	-143,721	-124,093	-124,093	-107,095	-48,820	-53,889	-35,274	-6,000	-14,200	-13,200	-11,700	-6,200
Retained Earnings Total Equity	0	140,756	380,837	525,610	1,049,567	912,201	913,951	656,146	420,714	238,068	169,142	117,288	64,051	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	43,857	47,836	97,096	115,019	53,273	101,097	59,470	58,899	74,511	156,375	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	2,037,629	2,158,319	2,428,989	1,877,562	1,362,154	709,781	570,671	556,807	772,144	1,049,637	806,473	661,241	461,971	188,772	252,773	259,276	239,831	261,373	90,640	0	0	6,490	11,966	44,063	33,880	28,500	21,100	18,900	24,300	36,200
Short Term Debt	137,242	151,483	200,403	218,763	158,354	101,097	59,470	58,899	77,466	156,349	62,187	108,232	37,535	16,888	62,438	27,058	23,905	22,992	13,064	0	0	3,249	6,985	31,233	7,232	8,100	6,500	5,200	8,700	9,300
Short Term Investments	755,224	1,147,193	1,241,752	354,782	245,599	232,241	269,297	284,075	278,545	260,121	19,434	5,000	30,930	5,224	1,040	2,076	50,388	47,630	53,420	0	0	23,202	26,910	0	0	0	4,000	0	0	0
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	4,168,018	4,139,623	4,631,120	3,978,030	4,126,624	3,196,646	2,859,831	2,708,601	2,509,710	2,602,528	2,164,261	1,865,824	1,487,529	1,117,499	1,028,886	929,134	823,399	819,953	666,520	862	862	256,166	305,294	256,968	239,137	221,900	200,800	196,300	161,600	163,300
Total Current Assets	1,170,940	1,678,307	2,013,905	1,118,478	874,706	705,167	702,086	798,236	740,984	704,847	605,807	571,858	499,531	446,520	441,660	311,035	267,383	259,696	287,606	362	362	140,884	179,332	127,521	118,663	81,900	66,100	78,500	38,400	33,700
Total Current Liabilities	1,145,401	1,120,324	1,111,010	1,004,548	1,075,216	1,006,133	891,920	830,116	769,800	819,864	658,631	653,790	488,820	400,555	384,244	347,850	319,116	293,851	277,760	3,291	3,291	254,685	249,376	197,835	120,442	75,600	70,200	70,100	90,100	79,500
Total Liab	4,072,593	3,806,358	4,062,034	3,377,873	3,044,828	2,248,652	1,893,889	2,028,148	2,063,648	2,235,295	1,767,397	1,597,222	1,264,653	839,630	852,797	875,821	690,060	736,316	618,453	64,593	64,593	398,776	326,504	238,709	173,011	131,000	113,900	113,400	132,400	129,500
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	95,425	333,265	569,086	600,157	1,081,796	947,994	965,942	680,453	446,062	367,233	396,864	268,602	222,876	277,869	176,089	53,313	133,339	83,637	48,067	-63,731	-63,731	-142,610	-21,210	18,259	66,126	90,900	86,900	82,900	29,200	33,800
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	-10,752	-754	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31
Accounts Payable	199,223	198,007	180,287	202,864	196,009	147,052	148,583	129,832	114,400	131,341	109,058	117,288	112,002	96,160	101,641	152,310	148,748	155,362	150,131	145,067	143,146	141,209	153,262	137,716	140,805	118,810	118,043	124,260	116,507	107,456	114,396	111,596	101,310	101,863	103,618	104,353	97,260	78,350	87,886	91,687	89,787	88,145	85,245	97,550	82,084	81,008	84,937	81,541	80,636	73,145	86,802	76,007	69,300	56,365	48,767	56,050	49,509	45,750	37,142	43,935	46,065	38,875	51,782	49,650	37,239	44,892	53,387	45,995	51,918	38,926	39,983	35,867	39,089	42,275	50,261	266	1,163	1,638	1,258	1,163	771	535	266	79,682	79,682	55,059	68,206	59,842	71,926	54,339	55,672	50,282	55,083	47,182	43,379	40,295	41,864	34,100	34,700	34,200	28,900	27,300	27,000	28,000	27,600	26,800	27,000	28,300	26,800	25,500	23,800	24,300	35,200	25,200	27,200	24,600	17,500	-	-	-
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-454,231	0	0	0	-432,510	0	0	0	-367,507	0	0	0	-327,102	0	0	0	-249,495	0	0	0	-181,599	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Accumulated Other Comprehensive Income	-79,152	-95,537	-96,691	-97,218	-95,166	-117,660	-118,124	-106,476	-81,838	-114,144	-114,434	-114,851	-114,527	-116,299	-103,170	-102,552	-103,883	-90,113	-93,087	-90,879	-93,140	-67,411	-72,511	-82,455	-75,264	-81,567	-106,353	-109,036	-103,493	-112,558	-111,747	-106,046	-99,277	-122,280	-121,552	-121,652	-122,812	-44,078	-51,113	-47,937	-42,686	-107,716	-104,632	-111,959	-114,054	-98,220	-100,083	-101,272	-102,340	-34,971	-35,100	-35,190	-35,279	-32,345	-33,013	-32,486	-31,457	-33,322	-32,208	-32,432	-35,177	-1,381	-1,174	93,933	96,884	60,735	56,179	57,154	56,547	260	1,574	-2,646	-12,144	-493	-753	0	0	0	0	0	0	0	0	-94,174	-28,068	-51,901	-35,884	-34,652	-33,159	-30,954	-27,412	-24,617	-22,171	-22,351	-18,876	-15,653	-12,541	-34,900	-31,200	-28,200	-25,600	-23,500	-21,300	-19,000	-17,200	-15,300	-13,600	-11,800	-10,200	-8,500	-7,300	-6,200	-5,000	-4,000	-2,900	-1,900	-900	-	-	-
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Lease Obligations	456,620	469,627	479,460	501,704	526,594	548,920	574,623	600,358	627,595	654,044	681,332	703,560	727,738	753,830	708,354	734,322	761,627	542,397	558,977	571,460	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Stock	518	516	516	515	514	514	514	513	512	512	512	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Capital Surpluse	0	0	289,828	287,524	287,161	0	271,909	270,028	269,575	267,865	265,654	261,423	188,593	144,884	143,374	134,285	135,651	133,003	130,243	128,891	128,448	127,621	125,871	124,868	126,743	73,776	119,501	121,155	127,266	123,504	125,574	119,562	124,091	116,083	154,534	160,822	251,432	277,328	275,128	272,370	269,884	269,623	267,355	266,499	264,854	263,772	262,592	261,922	260,658	259,672	258,947	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash	170,523	110,671	226,951	271,855	229,122	275,128	424,952	481,212	490,561	714,597	1,248,480	987,865	509,639	537,002	592,520	600,609	373,056	512,162	341,304	365,100	268,577	346,041	333,791	279,185	190,953	348,049	578,694	466,789	325,991	405,713	355,467	388,913	281,502	345,174	344,782	226,116	264,087	328,255	360,281	334,991	423,384	441,398	477,588	438,221	405,880	433,485	446,557	376,020	304,115	286,846	303,497	323,691	285,037	315,515	276,235	232,236	300,738	288,160	237,232	246,434	203,872	211,371	182,686	96,335	94,096	110,415	104,518	117,005	66,852	162,487	172,542	153,656	153,388	148,802	140,608	1	1,506	1,134	458	1,506	1	1	1	71,908	71,908	53,714	81,630	93,602	102,860	121,030	104,407	85,229	67,832	81,973	92,272	81,958	63,631	35,600	41,600	35,700	31,000	34,900	32,000	25,100	15,700	32,800	33,600	45,100	37,200	66,400	15,200	13,500	5,400	7,400	3,300	5,400	3,500	-	-	-
Cash And Equivalents	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Cash And Short Term Investments	925,747	1,134,205	1,310,816	1,382,937	1,376,315	1,427,839	1,542,369	1,644,107	1,732,313	1,994,550	2,181,579	1,877,827	864,421	979,108	760,930	814,583	618,655	744,606	539,450	531,917	500,818	591,348	593,104	524,133	460,250	618,746	843,753	740,489	610,066	693,708	621,812	669,068	560,047	610,611	606,063	488,247	524,208	581,555	563,614	478,693	423,384	441,398	477,588	438,221	405,880	433,485	446,557	376,020	304,115	286,846	303,497	323,691	285,037	315,515	314,331	309,718	301,778	302,912	282,585	247,987	205,948	224,821	190,871	100,273	144,484	167,432	152,848	130,665	114,482	162,487	172,542	153,656	153,388	148,802	140,608	1	1,506	1,134	458	1,506	1	1	1	71,908	0	53,714	81,630	93,602	102,860	121,030	104,407	85,229	67,832	81,973	92,272	81,958	63,631	35,600	41,600	35,700	31,000	34,900	33,000	29,100	19,700	32,800	33,600	45,100	37,200	66,400	15,200	13,500	5,400	7,400	3,300	5,400	3,500	-	-	-
Common Stock	518	516	516	515	514	514	514	513	512	512	512	511	481	460	460	460	461	467	475	482	485	500	507	508	512	525	536	536	534	534	535	536	534	533	548	547	545	540	537	532	524	524	521	519	514	513	513	511	507	528	528	525	522	519	519	516	516	516	516	516	515	515	476	473	472	472	472	466	466	466	466	459	453	451	448	285	293	301	298	293	285	285	285	284	284	423	420	418	415	413	410	410	410	410	410	410	410	400	400	400	400	400	400	400	400	400	400	400	400	400	300	300	100	100	0	0	-	-	-	-
Common Stock Shares Outstanding	51,655	51,632	51,587	51,507	51,413	51,388	51,356	51,288	51,213	51,825	51,156	49,472	46,458	46,001	45,971	45,967	46,658	47,236	47,889	48,429	49,163	50,731	50,878	51,199	52,263	53,509	53,914	53,980	53,910	53,588	53,853	53,955	57,591	60,828	61,855	64,926	66,225	63,050	62,847	52,686	54,360	53,512	53,071	51,665	51,515	52,623	52,457	52,303	52,087	51,430	50,700	51,968	50,521	51,661	53,140	53,235	51,862	52,764	51,855	51,671	51,618	52,078	49,796	47,302	47,302	47,305	47,153	47,153	47,153	47,251	47,171	46,464	46,464	58,999	36,459	28,456	28,736	30,006	29,574	28,736	28,736	28,456	28,456	28,370	28,370	28,306	33,795	34,311	33,770	34,536	34,314	33,750	37,752	37,752	41,543	40,977	38,889	43,750	47,500	40,997	40,667	40,667	41,429	36,667	46,667	46,667	40,000	40,000	8,702	8,702	8,740	8,740	10,000	10,000	10,000	9,432	9,375	9,375	9,375	9,375
Common Stock Total Equity	0	0	516	515	514	0	514	513	512	512	512	511	481	460	460	460	461	467	475	482	485	500	507	508	512	525	536	536	534	534	535	536	534	533	548	547	545	540	537	532	524	524	521	519	514	513	513	511	507	528	528	525	522	519	519	516	516	516	516	516	515	515	476	473	472	472	472	466	466	466	466	459	453	451	448	307	307	301	298	293	285	285	285	284	284	423	420	418	415	413	410	410	410	410	410	410	410	400	400	400	400	400	400	400	400	400	400	400	400	400	300	300	100	100	0	0	-	-	-	-
Current Deferred Revenue	633,345	699,085	795,530	746,467	590,796	699,802	783,732	760,783	631,157	721,446	823,074	687,323	533,702	515,424	553,554	623,741	606,684	651,571	698,169	691,010	603,736	653,113	712,069	698,949	545,362	573,373	619,292	606,396	482,496	515,388	557,851	527,509	430,766	481,830	544,947	523,112	424,336	487,525	537,088	504,731	409,086	452,599	522,469	472,008	388,646	385,811	420,336	396,078	67,267	319,815	339,008	53,494	63,506	61,130	62,467	56,805	61,349	0	0	0	0	50,989	46,129	0	0	0	0	0	17,609	0	0	0	9,269	0	-237	0	0	0	0	0	0	0	0	-1,096	0	-3,392	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	5,357	30,038	45,321	36,376	23,197	53,102	55,767	59,519	52,027	69,254	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Deferred Long Term Liab	0	0	100,308	102,131	130,400	0	134,571	147,404	186,797	204,042	199,455	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	136,625	0	0	0	41,629	0	0	36,088	40,950	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Good Will	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,663	106,662	106,663	106,663	108,387	109,156	105,667	104,682	103,748	93,629	93,629	93,629	104,231	105,380	107,032	107,179	103,524	105,823	0	0	0	0	0	0	0	0	28,320	28,320	28,320	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Intangible Assets	0	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,500	13,524	13,668	13,889	14,149	14,408	14,668	14,928	15,187	15,447	15,742	16,076	16,411	18,726	17,876	18,000	18,660	19,320	19,980	20,640	21,300	21,960	22,620	23,280	23,940	24,600	25,260	25,920	26,580	29,924	34,580	39,652	45,368	51,206	57,012	62,858	68,720	74,601	80,467	86,343	92,206	98,069	103,932	109,795	115,657	121,520	127,383	133,246	139,109	144,972	150,834	156,697	162,560	69,096	179,296	185,235	191,205	162,046	166,777	0	0	0	0	0	0	0	0	28,320	28,320	28,320	28,320	28,320	28,320	29,860	30,438	31,014	31,589	32,165	32,744	33,320	33,897	39,200	43,000	45,400	46,900	48,000	54,000	56,700	57,600	58,600	60,800	61,700	62,600	61,400	64,600	66,400	67,300	68,200	0	0	-	-	-	-
Inventory	60,115	53,817	47,837	38,905	36,875	37,163	39,065	35,923	34,109	35,116	35,439	36,014	35,442	36,621	35,660	38,481	37,630	37,536	35,897	36,461	33,942	32,646	36,387	30,815	35,361	26,560	23,024	18,622	20,363	18,238	18,150	19,803	19,164	20,359	20,399	19,108	18,011	20,287	17,071	17,400	19,767	20,857	18,520	25,067	27,552	21,840	21,293	27,262	23,595	25,549	22,639	20,076	18,354	19,149	17,129	18,417	18,282	16,265	15,555	16,323	16,002	20,084	19,537	15,145	19,035	13,346	14,406	13,252	15,462	14,623	14,022	14,503	14,578	13,852	12,982	0	0	0	0	0	0	0	0	4,408	4,408	5,930	5,172	5,009	4,675	5,322	7,308	4,170	4,432	7,035	12,751	13,376	13,965	11,700	10,100	9,800	8,500	9,300	9,500	9,600	9,400	9,300	9,400	8,300	7,100	7,400	7,200	7,600	7,600	7,200	7,100	6,700	6,200	-	-	-
Liabilities And Stockholders Equity	4,168,018	3,923,260	4,059,850	4,127,458	4,139,623	4,211,118	4,365,014	4,488,162	4,631,120	4,969,274	5,216,136	4,972,899	3,978,030	4,097,136	3,996,495	4,136,730	4,126,624	4,064,691	3,768,183	3,754,114	3,196,646	3,270,955	3,232,861	2,974,444	2,859,831	2,822,693	2,909,463	2,842,159	2,708,601	2,634,136	2,561,337	2,570,015	2,509,710	2,625,791	2,615,916	2,556,094	2,602,528	2,615,236	2,585,098	2,372,576	2,164,261	2,099,252	2,135,391	1,945,655	1,865,824	1,853,000	1,859,679	1,669,083	1,487,529	1,371,518	1,381,277	1,206,763	1,117,499	1,056,109	1,057,238	1,057,974	1,028,886	1,004,412	981,630	973,710	929,134	943,194	953,106	839,279	823,399	877,818	870,998	839,902	819,953	732,935	751,355	785,994	666,520	705,120	692,475	651	3,632	3,269	2,734	3,632	862	637	651	256,166	256,166	244,130	285,257	286,782	305,294	302,579	289,444	274,384	256,968	276,114	290,957	259,248	239,137	258,000	257,600	240,100	221,900	206,500	208,900	216,500	200,800	215,200	208,500	214,300	196,300	219,100	170,900	171,600	161,600	165,600	162,600	161,100	163,300	-	-	-
Long Term Debt	1,537,152	1,534,877	1,552,693	1,566,382	1,583,889	1,574,660	1,598,553	1,671,092	1,704,298	1,851,672	1,887,541	1,863,999	1,034,805	1,035,971	792,766	757,221	547,254	704,527	515,254	519,105	388,926	612,583	578,453	498,748	511,201	447,533	468,409	477,169	497,908	506,328	527,625	612,596	694,678	818,608	848,217	861,632	893,288	885,486	915,110	786,501	744,286	651,778	653,631	542,642	553,009	617,761	631,268	494,102	424,436	369,586	377,106	180,163	171,884	120,846	124,362	129,254	190,335	212,247	219,107	225,548	232,218	207,257	204,322	210,131	215,926	221,641	227,269	232,838	238,381	123,819	136,342	158,637	77,576	82,289	76,910	0	0	0	0	0	0	0	0	0	3,241	3,968	4,769	4,656	4,981	12,714	13,139	13,412	12,830	35,828	41,320	26,224	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Debt Total	0	0	1,552,693	1,566,382	1,583,889	0	1,598,553	1,671,092	1,704,298	1,851,672	1,887,541	1,863,999	1,034,805	1,035,971	792,766	757,221	547,254	704,527	515,254	519,105	608,684	612,583	578,453	498,748	511,201	447,533	468,409	477,169	497,908	506,328	527,625	612,596	694,678	818,608	848,217	861,632	893,288	885,486	915,110	786,501	744,286	651,778	653,631	542,642	553,009	617,761	631,268	494,102	424,436	369,586	377,106	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Long Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Debt	1,867,106	1,936,197	1,849,265	1,842,407	1,929,197	1,893,657	1,795,081	1,850,669	1,938,428	1,911,099	1,461,929	1,721,745	1,367,923	1,367,609	968,679	950,728	989,098	811,776	782,956	818,948	441,204	371,993	358,188	278,565	379,718	158,069	-51,183	68,739	230,816	158,964	230,510	293,866	490,642	569,239	601,829	736,294	785,550	728,285	710,854	604,856	383,089	321,340	289,346	209,943	255,361	240,754	240,287	163,659	157,856	115,246	105,542	-127,492	-96,265	-101,891	-52,252	10,930	-47,965	-28,512	28,528	6,509	55,404	21,479	46,044	145,962	145,735	134,885	146,160	138,997	194,521	-23,820	-21,372	19,766	-62,748	-53,563	-43,279	-1	-1,506	-1,134	-458	-1,506	-1	-1	-1	-65,418	-68,872	-46,354	-70,948	-82,068	-90,894	-100,661	-76,725	-50,635	-23,769	-41,508	-46,754	-50,711	-29,751	-200	-4,400	-300	-2,500	-17,500	-13,400	-5,300	5,400	-10,600	-9,000	-22,100	-18,300	-36,600	15,100	16,400	18,900	20,000	27,200	27,300	32,700	-	-	-
Net Invested Capital	1,676,434	1,755,999	1,820,573	1,845,878	1,964,990	1,967,348	2,020,963	2,153,616	2,370,480	2,599,296	2,639,551	2,618,052	1,749,981	1,867,996	1,678,778	1,741,381	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Receivables	106,527	98,943	96,562	103,262	184,066	157,650	159,236	163,927	164,089	149,584	158,337	152,611	162,529	97,864	120,832	130,250	161,572	145,466	109,726	110,658	111,834	126,534	111,493	106,724	140,279	118,622	86,472	104,485	96,067	85,388	93,432	79,757	81,723	80,682	83,871	96,533	80,737	82,902	94,833	97,715	74,245	79,258	97,577	99,950	80,750	107,704	96,709	112,946	94,164	77,339	79,279	95,598	59,887	41,352	43,664	48,996	50,156	53,025	38,792	45,489	32,816	45,363	56,306	55,122	40,622	42,761	50,159	50,285	39,304	35,729	36,373	38,986	35,278	55,188	52,443	150	801	1,060	1,060	801	286	111	150	28,093	28,093	25,559	43,964	32,403	35,010	26,476	28,978	33,199	25,195	31,660	29,352	23,330	24,921	31,900	32,400	39,400	36,400	32,500	28,300	35,200	31,400	35,500	31,500	30,100	28,000	25,200	26,100	23,700	18,200	22,500	20,700	17,800	16,300	-	-	-
Net Tangible Assets	0	165,258	910,910	956,992	1,074,581	333,983	1,151,493	1,227,219	614,144	614,144	596,974	598,502	600,157	703,715	812,433	910,866	1,081,796	946,660	886,359	854,508	947,994	862,130	798,716	716,623	965,942	718,681	664,770	582,974	557,379	540,295	441,573	361,569	184,114	251,167	202,051	176,365	197,641	332,136	286,663	316,134	325,685	223,669	142,780	122,619	135,359	150,174	96,992	86,155	70,845	110,469	78,192	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Working Capital	25,539	185,309	249,573	339,916	557,983	557,216	583,537	711,975	902,895	1,060,507	1,045,480	974,273	113,930	205,884	-74,624	-46,516	-200,510	-140,442	-413,445	-411,198	-300,966	-190,773	-281,561	-276,291	-189,834	-86,817	44,491	-51,876	-31,880	28,211	-60,192	-44,593	-28,816	-27,558	-83,547	-175,600	-115,017	-95,334	-129,534	-174,032	-52,824	-125,858	-142,781	-124,782	-81,932	31,783	-10,369	-9,259	10,711	-9,175	-25,164	49,593	45,965	-10,921	-30,867	-21,753	57,416	53,646	26,727	-7,920	-36,815	-38,823	-64,126	-124,195	-51,733	-35,351	-57,554	-51,228	-34,155	21,592	20,977	6,453	9,846	34,231	15,377	-1,846	-1,821	-2,417	-2,660	-1,821	-2,929	-2,377	-1,846	-113,801	-113,801	-119,671	-106,500	-76,124	-70,044	-52,082	-66,854	-72,780	-70,314	-31,947	-7,252	-8,507	-1,779	1,800	2,200	1,700	6,300	8,400	-2,900	-8,500	-4,100	2,100	3,200	3,900	8,400	23,800	-15,600	-21,700	-51,700	-46,300	-52,100	-50,100	-	-	-	-
Non Current Assets Total	2,997,078	2,527,291	2,514,590	2,501,685	2,461,316	2,485,570	2,531,985	2,566,647	2,617,215	2,680,713	2,734,068	2,800,290	2,859,552	2,928,625	3,033,642	3,107,283	3,251,918	3,082,988	3,029,831	3,014,525	2,491,479	2,425,135	2,391,562	2,228,368	2,157,745	2,000,982	1,908,602	1,928,120	1,910,365	1,773,884	1,769,155	1,758,879	1,768,726	1,834,024	1,829,875	1,877,484	1,897,681	1,858,924	1,838,983	1,708,513	1,558,454	1,482,975	1,469,700	1,320,472	1,293,966	1,226,796	1,237,973	1,090,912	987,998	890,828	893,093	692,304	670,979	600,723	601,495	599,972	587,226	577,858	584,806	609,750	618,099	598,875	595,157	599,733	556,016	562,922	559,072	562,458	560,257	411,132	415,727	476,370	378,914	380,915	385,486	500	500	500	500	500	500	500	500	115,282	0	118,955	119,870	122,347	125,962	126,098	129,881	132,029	129,447	139,102	136,130	123,154	120,474	152,600	152,600	149,600	140,000	126,600	133,800	136,700	134,700	131,100	129,400	124,900	117,800	115,700	117,400	120,300	123,200	122,000	124,600	124,300	129,600	-	-	-
Non Current Liabilities Other	77,154	71,967	57,961	74,588	230,429	78,574	230,905	232,907	239,157	81,545	83,022	1,298,562	1,338,520	1,381,323	1,340,319	1,379,180	1,422,358	1,171,172	1,094,442	1,109,162	633,835	638,578	611,501	615,115	490,768	625,841	697,509	693,362	700,124	630,083	615,226	615,458	599,170	610,708	569,417	536,584	522,143	417,345	378,393	265,815	264,106	350,407	398,585	397,846	390,423	354,057	358,101	355,081	351,397	243,729	248,956	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Current Liabilities Total	2,927,192	2,533,842	2,540,346	2,608,281	2,686,034	2,695,303	2,739,969	2,856,529	2,951,024	3,113,576	3,169,074	3,162,561	2,373,325	2,417,294	2,133,085	2,136,401	1,969,612	1,875,699	1,609,696	1,628,267	1,242,519	1,251,161	1,189,954	1,113,863	1,001,969	1,073,374	1,165,918	1,170,531	1,198,032	1,136,411	1,142,851	1,228,054	1,293,848	1,429,316	1,417,634	1,398,216	1,415,431	1,302,831	1,293,503	1,145,449	1,108,766	1,042,623	1,052,216	940,488	943,432	971,818	989,369	849,183	775,833	613,315	626,062	451,152	439,075	382,484	386,056	402,013	468,553	493,537	504,084	521,868	527,971	367,578	364,196	364,153	370,944	434,257	432,865	438,171	442,465	397,212	408,989	427,537	340,693	336,092	329,805	61,302	61,302	61,302	61,302	61,302	61,302	61,302	61,302	144,091	0	85,228	82,465	81,227	77,128	42,283	41,906	40,762	40,874	54,610	65,826	51,119	52,569	57,300	61,200	59,600	55,400	39,900	42,100	42,400	43,700	45,700	49,000	47,000	43,300	54,100	51,900	49,500	42,300	45,800	47,400	48,600	50,000	-	-	-
Non Currrent Assets Other	122,232	120,529	109,244	111,160	114,336	107,230	115,556	105,196	109,938	129,323	136,699	118,890	133,663	146,619	159,383	183,355	182,438	138,817	150,952	171,013	185,556	187,860	183,276	188,742	193,632	124,926	123,583	126,231	132,724	67,468	69,792	70,603	90,661	90,108	95,299	92,801	24,446	99,323	85,545	94,117	93,519	1,566	15,379	66,172	55,629	57,300	56,601	49,695	47,321	45,946	41,888	40,838	38,629	37,599	32,589	34,218	35,469	32,927	35,171	54,402	52,637	48,598	47,276	42,422	41,491	-140,138	-135,275	-139,754	31,454	132,123	39,816	98,866	29,253	64,875	62,209	500	500	500	500	500	500	500	500	41,277	41,277	45,497	48,202	76,993	52,386	42,667	29,020	18,783	14,115	13,877	17,410	23,813	21,305	7,200	6,200	7,600	8,200	10,300	11,400	11,700	10,900	14,900	11,500	10,000	9,400	10,400	11,300	12,100	14,500	13,200	84,200	85,100	91,800	-	-	-
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Assets	0	285,010	0	0	-2,531,046	247,289	5,079,838	218,677	298,642	828,600	2,970,728	118,890	947,552	146,619	159,383	183,355	273,226	138,817	150,952	171,013	305,513	187,860	183,276	310,333	315,482	247,036	245,988	248,970	255,798	192,857	194,331	195,266	215,984	216,091	221,942	220,104	224,188	227,946	214,828	224,060	224,122	226,509	263,347	244,076	225,248	217,084	250,946	251,777	258,871	255,842	274,817	249,206	252,859	222,946	248,743	260,525	268,342	267,214	275,597	301,106	302,630	312,605	319,265	322,810	285,282	287,430	280,626	285,505	287,643	305,450	324,492	391,133	327,637	330,445	334,809	0	500	500	500	500	500	500	500	70,204	69,597	73,817	76,522	76,993	80,706	72,527	59,458	49,797	45,704	46,042	50,154	57,133	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Current Assets	78,551	91,754	72,185	83,021	63,553	85,544	75,091	60,305	66,127	77,489	74,893	74,340	56,086	54,918	45,431	46,133	56,849	54,095	53,279	60,553	58,573	95,292	99,315	83,404	65,196	56,783	46,612	49,443	66,740	57,918	53,788	37,508	75,050	53,013	48,051	47,019	2,454	47,677	32,893	32,551	452	35,347	46,108	39,270	35,001	63,175	57,147	61,943	77,657	90,956	82,769	5,225	83,242	79,370	80,619	32,632	71,444	29,843	31,921	54,161	56,269	54,051	91,235	41,901	38,720	47,823	49,132	39,852	53,719	71,021	76,835	70,804	53,420	65,478	56,838	25	825	575	716	825	75	25	0	23,202	13,273	28,564	34,621	30,421	33,787	20,400	11,744	12,631	22,937	6,719	10,827	7,805	6,521	26,200	20,900	5,600	6,000	3,200	4,300	5,900	5,600	6,500	4,600	5,900	6,200	4,400	5,000	6,500	7,200	6,500	6,900	6,900	7,700	-	-	-
Other Current Liab	175,591	175,992	177,394	186,911	182,036	173,966	166,839	157,687	165,050	150,276	256,342	145,701	140,081	132,734	221,881	138,355	161,430	151,566	164,034	130,746	158,154	136,820	144,003	126,700	146,283	157,760	159,933	176,900	172,214	150,848	121,775	146,441	160,258	139,827	122,629	125,967	141,919	114,717	94,650	88,331	97,571	90,431	87,455	74,885	74,828	71,124	71,226	64,234	303,382	64,399	55,605	319,329	250,861	256,034	275,755	252,988	210,948	279,757	286,302	300,550	274,727	267,685	299,756	281,925	257,972	281,696	292,684	259,513	201,332	246,437	259,840	252,519	216,338	234,749	221,169	1,731	3,790	3,548	3,636	3,790	2,520	1,979	1,731	172,850	171,754	189,787	197,768	173,839	170,465	166,569	156,202	143,671	111,519	117,140	114,502	99,283	71,346	60,600	58,200	44,700	38,600	37,500	44,300	53,700	36,100	48,800	42,600	51,400	38,100	46,900	37,600	39,800	46,200	55,600	53,400	53,000	52,700	-	-	-
Other Liab	0	624,550	0	0	679,198	674,030	670,274	685,886	722,438	712,871	706,779	700,975	714,526	730,992	732,287	746,621	765,812	715,407	624,899	628,183	633,835	638,578	611,501	483,234	316,424	406,998	529,146	526,306	529,581	464,406	473,977	474,831	462,545	493,332	488,176	480,631	480,514	338,832	326,864	322,860	323,530	390,845	398,585	397,846	390,423	354,057	358,101	355,081	351,397	243,729	248,956	270,989	267,191	261,638	261,694	272,759	278,218	281,290	284,977	296,320	295,753	160,321	159,874	154,022	155,018	192,006	187,808	187,257	186,475	262,331	261,655	258,740	253,848	253,803	252,895	61,302	61,302	61,302	61,302	61,302	61,302	61,302	61,302	216,059	140,850	81,260	77,696	76,571	72,147	29,569	28,767	27,350	28,044	18,782	24,506	24,895	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Stockholder Equity	293,797	292,335	289,828	54,204	287,161	273,713	271,909	270,028	-299,511	267,865	265,654	261,423	188,593	144,884	143,374	134,733	135,768	132,890	130,156	129,012	128,308	127,210	126,360	124,413	126,479	74,209	119,148	121,119	126,773	123,946	125,827	119,516	123,814	115,803	137,361	161,170	251,620	277,250	275,015	272,433	270,198	269,907	267,723	266,540	264,800	263,552	262,509	261,650	260,318	248,949	248,095	246,934	312,626	231,947	240,668	240,298	239,397	238,298	237,450	236,543	236,429	235,709	215,146	214,044	213,084	212,366	212,282	211,753	210,439	223,216	207,646	213,840	203,335	206,040	203,414	60,077	62,440	66,180	64,184	62,440	60,077	60,077	60,077	-7,731	0	43,056	64,854	66,630	60,354	100,935	98,832	96,367	93,909	107,961	114,773	116,643	113,531	131,400	127,700	124,700	122,100	124,400	122,100	119,700	117,900	115,300	111,200	108,800	105,900	102,800	67,600	67,200	45,800	43,900	42,900	41,900	40,900	-	-	-
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Property Plant And Equipment Gross	3,577,382	3,537,196	3,592,947	3,544,820	3,468,742	3,466,992	1,905,715	1,931,596	0	1,983,040	2,583,869	2,667,900	2,712,389	2,768,506	2,860,759	2,910,428	2,949,317	2,823,984	2,758,548	2,722,960	2,185,111	2,116,204	2,086,955	1,918,035	1,842,263	1,753,946	1,662,614	1,679,150	1,654,567	1,581,027	1,574,824	1,563,613	1,552,742	1,617,933	1,607,933	1,657,380	1,673,493	1,630,978	1,624,155	1,484,453	1,334,332	1,256,466	1,206,353	1,076,396	1,068,718	1,009,712	987,027	839,135	729,127	634,986	618,276	443,098	418,120	377,777	352,752	339,447	318,884	310,644	309,209	308,644	315,469	286,270	275,892	276,923	270,734	275,492	278,446	276,953	272,614	105,682	91,235	85,237	51,277	50,470	50,677	0	0	0	0	0	0	0	0	45,685	45,685	45,138	43,348	45,354	45,256	53,571	70,423	82,232	83,743	93,060	85,976	66,021	65,272	106,200	103,400	96,600	84,900	68,300	68,400	68,300	66,200	57,600	57,100	53,200	45,800	43,900	41,500	41,800	41,400	40,600	40,400	39,200	37,800	-	-	-
Property Plant And Equipment Net	2,426,853	2,393,262	2,391,846	2,377,025	2,333,480	2,364,840	2,402,929	2,447,951	2,493,777	2,537,890	2,583,869	2,667,900	2,712,389	2,768,506	2,860,759	2,910,428	2,949,317	2,823,984	2,758,548	2,722,960	2,185,111	2,116,204	2,086,955	1,918,035	1,842,263	1,753,946	1,662,614	1,679,150	1,654,567	1,581,027	1,574,824	1,563,613	1,552,742	1,617,933	1,607,933	1,657,380	1,673,493	1,630,978	1,624,155	1,484,453	1,334,332	1,256,466	1,206,353	1,076,396	1,068,718	1,009,712	987,027	839,135	729,127	634,986	618,276	443,098	418,120	377,777	352,752	339,447	318,884	310,644	309,209	308,644	315,469	286,270	275,892	276,923	270,734	275,492	278,446	276,953	272,614	105,682	91,235	85,237	51,277	50,470	50,677	0	0	0	0	0	0	0	0	45,685	0	45,138	43,348	45,354	45,256	53,571	70,423	82,232	83,743	93,060	85,976	66,021	65,272	106,200	103,400	96,600	84,900	68,300	68,400	68,300	66,200	57,600	57,100	53,200	45,800	43,900	41,500	41,800	41,400	40,600	40,400	39,200	37,800	-	-	-
Property Plant Equipment	0	2,393,262	0	0	2,250,446	2,364,840	1,905,715	1,931,596	2,410,743	2,537,890	2,583,869	2,063,134	2,637,300	2,121,218	2,267,826	2,298,735	2,316,772	2,240,442	2,156,582	2,109,857	2,185,111	2,116,204	2,086,955	1,918,035	1,842,263	1,753,946	1,662,614	1,679,150	1,654,567	1,581,027	1,574,824	1,563,613	1,552,742	1,617,933	1,607,933	1,657,380	1,673,493	1,630,978	1,624,155	1,484,453	1,334,332	1,256,466	1,206,353	1,076,396	1,068,718	1,009,712	987,027	839,135	729,127	634,986	618,276	443,098	418,120	377,777	352,752	339,447	318,884	310,644	309,209	308,644	315,469	286,270	275,892	276,923	270,734	275,492	278,446	276,953	272,614	105,682	91,235	85,237	51,277	50,470	50,677	0	0	0	0	0	0	0	0	46,447	45,685	45,138	43,348	45,354	45,256	53,571	70,423	82,232	83,743	93,060	85,976	66,021	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Retained Earnings	-119,738	-18,556	30,164	42,499	140,756	190,916	221,254	258,028	380,837	473,411	458,742	464,919	525,610	688,170	785,269	892,173	1,049,567	1,023,490	969,059	936,566	912,201	922,491	866,180	795,293	913,951	848,057	773,491	693,058	656,146	654,204	551,750	472,180	420,714	382,814	312,785	263,951	238,068	226,969	191,394	164,067	169,142	152,063	111,459	100,143	117,288	120,696	75,213	71,309	64,051	53,861	28,244	78,286	42,152	6,852	-23,615	-32,608	-32,824	-67,847	-98,517	-125,097	-148,631	-136,750	-142,787	-197,132	-177,217	-180,524	-200,101	-196,160	-184,268	-174,638	-182,397	-156,013	-143,721	-124,218	-132,051	-123,010	-125,356	-129,700	-127,944	-125,356	-124,093	-123,541	-123,010	-107,095	-107,095	-92,040	-98,485	-67,400	-48,820	-38,661	-50,709	-53,673	-53,889	-33,475	-33,255	-37,872	-35,274	200	-3,300	-5,200	-6,000	-6,200	-12,400	-15,300	-14,200	-12,900	-14,400	-15,600	-13,200	-9,300	-10,700	-12,200	-11,700	-10,100	-14,900	-14,400	-6,200	-	-	-
Retained Earnings Total Equity	0	0	30,164	42,499	140,756	0	221,254	258,028	380,837	473,411	458,742	464,919	525,610	688,170	785,269	892,173	1,049,567	1,023,490	969,059	936,566	912,201	922,491	866,180	795,293	913,951	848,057	773,491	693,058	656,146	654,204	551,750	472,180	420,714	382,814	312,785	263,951	238,068	226,969	191,394	164,067	169,142	152,063	111,459	100,143	117,288	120,696	75,213	71,309	64,051	53,861	28,244	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt	43,857	42,364	44,063	46,176	47,836	45,205	46,857	60,431	97,096	119,980	141,536	142,051	115,019	114,810	60,079	59,794	53,273	77,014	50,029	93,483	68,338	105,451	113,526	59,002	59,470	58,585	527,511	58,359	58,899	0	0	0	74,511	0	0	0	156,375	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Short Long Term Debt Total	2,037,629	2,046,868	2,076,216	2,114,262	2,158,319	2,168,785	2,220,033	2,331,881	2,428,989	2,625,696	2,710,409	2,709,610	1,877,562	1,904,611	1,561,199	1,551,337	1,362,154	1,323,938	1,124,260	1,184,048	709,781	718,034	691,979	557,750	570,671	506,118	527,511	535,528	556,807	564,677	585,977	682,779	772,144	914,413	946,611	962,410	1,049,637	1,056,540	1,071,135	939,847	806,473	762,738	766,934	648,164	661,241	674,239	686,844	539,679	461,971	402,092	409,039	196,199	188,772	213,624	223,983	243,166	252,773	259,648	265,760	252,943	259,276	232,850	228,730	242,297	239,831	245,300	250,678	256,002	261,373	138,667	151,170	173,422	90,640	95,239	97,329	0	0	0	0	0	0	0	0	6,490	3,036	7,360	10,682	11,534	11,966	20,369	27,682	34,594	44,063	40,465	45,518	31,247	33,880	35,400	37,200	35,400	28,500	17,400	18,600	19,800	21,100	22,200	24,600	23,000	18,900	29,800	30,300	29,900	24,300	27,400	30,500	32,700	36,200	-	-	-
Short Term Debt	137,242	137,576	142,476	149,615	151,483	147,512	150,338	161,238	200,403	224,991	248,114	248,024	218,763	218,309	160,401	161,557	158,354	163,646	139,463	183,964	101,097	105,451	113,526	59,002	59,470	58,585	59,102	58,359	58,899	58,349	58,352	70,183	77,466	95,805	98,394	100,778	156,349	171,054	156,025	153,346	62,187	110,960	113,303	105,522	108,232	56,478	55,576	45,577	37,535	32,506	31,933	16,036	16,888	92,778	99,621	113,912	62,438	47,401	46,653	27,395	27,058	25,593	24,408	32,166	23,905	23,659	23,409	23,164	22,992	14,848	14,828	14,785	13,064	12,950	20,419	0	0	0	0	0	0	0	0	3,249	2,153	3,392	5,913	6,878	6,985	7,655	14,543	21,182	31,233	4,637	4,198	5,023	7,232	8,900	9,900	9,900	8,100	6,700	6,700	6,600	6,500	6,400	6,300	5,800	5,200	7,200	7,700	8,900	8,700	9,100	9,500	9,300	9,300	-	-	-
Short Term Investments	755,224	1,023,534	1,083,865	1,111,082	1,147,193	1,152,711	1,117,417	1,162,895	1,241,752	1,279,953	933,099	889,962	354,782	442,106	168,410	213,974	245,599	232,444	198,146	166,817	232,241	245,307	259,313	244,948	269,297	270,697	265,059	273,700	284,075	287,995	266,345	280,155	278,545	265,437	261,281	262,131	260,121	253,300	203,333	143,702	19,434	19,434	5,621	5,000	5,000	5,000	5,000	5,229	30,930	35,246	5,226	328,916	5,224	349,167	38,096	77,482	1,040	14,752	45,353	1,553	2,076	13,450	8,185	3,938	50,388	57,017	48,330	13,660	47,630	0	0	0	53,420	0	0	0	0	0	0	0	0	0	0	0	23,202	0	0	0	26,910	0	0	0	0	0	0	0	0	0	0	0	0	0	1,000	4,000	4,000	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Assets	4,168,018	3,923,260	4,059,850	4,127,458	4,139,623	4,211,118	4,365,014	4,488,162	4,631,120	4,969,274	5,216,136	4,972,899	3,978,030	4,097,136	3,996,495	4,136,730	4,126,624	4,064,691	3,768,183	3,754,114	3,196,646	3,270,955	3,232,861	2,974,444	2,859,831	2,822,693	2,909,463	2,842,159	2,708,601	2,634,136	2,561,337	2,570,015	2,509,710	2,625,791	2,615,916	2,556,094	2,602,528	2,615,236	2,585,098	2,372,576	2,164,261	2,099,252	2,135,391	1,945,655	1,865,824	1,853,000	1,859,679	1,669,083	1,487,529	1,371,518	1,381,277	1,206,763	1,117,499	1,056,109	1,057,238	1,057,974	1,028,886	1,004,412	981,630	973,710	929,134	943,194	953,106	839,279	823,399	877,818	870,998	839,902	819,953	732,935	751,355	785,994	666,520	705,120	692,475	651	3,632	3,269	2,734	3,632	862	637	651	256,166	256,166	244,130	285,257	286,782	305,294	302,579	289,444	274,384	256,968	276,114	290,957	259,248	239,137	258,000	257,600	240,100	221,900	206,500	208,900	216,500	200,800	215,200	208,500	214,300	196,300	219,100	170,900	171,600	161,600	165,600	162,600	161,100	163,300	-	-	-
Total Current Assets	1,170,940	1,395,969	1,545,260	1,625,773	1,678,307	1,725,548	1,833,029	1,921,515	2,013,905	2,288,561	2,482,068	2,172,609	1,118,478	1,168,511	962,853	1,029,447	874,706	981,703	738,352	739,589	705,167	845,820	841,299	746,076	702,086	821,711	1,000,861	914,039	798,236	860,252	792,182	811,136	740,984	791,767	786,041	678,610	704,847	756,312	746,115	664,063	605,807	616,277	665,691	625,183	571,858	626,204	621,706	578,171	499,531	480,690	488,184	514,459	446,520	455,386	455,743	458,002	441,660	426,554	396,824	363,960	311,035	344,319	357,949	239,546	267,383	314,896	311,926	277,444	259,696	321,803	335,628	309,624	287,606	324,205	306,989	151	3,132	2,769	2,234	3,132	362	137	151	140,884	140,884	125,175	165,387	164,435	179,332	176,481	159,563	142,355	127,521	137,012	154,827	136,094	118,663	105,400	105,000	90,500	81,900	79,900	75,100	79,800	66,100	84,100	79,100	89,400	78,500	103,400	53,500	51,300	38,400	43,600	38,000	36,800	33,700	-	-	-
Total Current Liabilities	1,145,401	1,210,660	1,295,687	1,285,857	1,120,324	1,168,332	1,249,492	1,209,540	1,111,010	1,228,054	1,436,588	1,198,336	1,004,548	962,627	1,037,477	1,075,963	1,075,216	1,122,145	1,151,797	1,150,787	1,006,133	1,036,593	1,122,860	1,022,367	891,920	908,528	956,370	965,915	830,116	832,041	852,374	855,729	769,800	819,325	869,588	854,210	819,864	851,646	875,649	838,095	658,631	742,135	808,472	749,965	653,790	594,421	632,075	587,430	488,820	489,865	513,348	464,866	400,555	466,307	486,610	479,755	384,244	372,908	370,097	371,880	347,850	383,142	422,075	363,741	319,116	350,247	369,480	328,672	293,851	300,211	314,651	303,171	277,760	289,974	291,612	1,997	4,953	5,186	4,894	4,953	3,291	2,514	1,997	254,685	254,685	244,846	271,887	240,559	249,376	228,563	226,417	215,135	197,835	168,959	162,079	144,601	120,442	103,600	102,800	88,800	75,600	71,500	78,000	88,300	70,200	82,000	75,900	85,500	70,100	79,600	69,100	73,000	90,100	89,900	90,100	86,900	79,500	-	-	-
Total Liab	4,072,593	3,744,502	3,836,033	3,894,138	3,806,358	3,863,635	3,989,461	4,066,069	4,062,034	4,341,630	4,605,662	4,360,897	3,377,873	3,379,921	3,170,562	3,212,364	3,044,828	2,997,844	2,761,493	2,779,054	2,248,652	2,287,754	2,312,814	2,136,230	1,893,889	1,981,902	2,122,288	2,136,446	2,028,148	1,968,452	1,995,225	2,083,783	2,063,648	2,248,641	2,287,222	2,252,426	2,235,295	2,154,477	2,169,152	1,983,544	1,767,397	1,784,758	1,860,688	1,690,453	1,597,222	1,566,239	1,621,444	1,436,613	1,264,653	1,103,180	1,139,410	916,018	839,630	848,791	872,666	881,768	852,797	866,445	874,181	893,748	875,821	750,720	786,271	727,894	690,060	784,504	802,345	766,843	736,316	697,423	723,640	730,708	618,453	626,066	621,417	63,299	66,255	66,488	66,196	66,255	64,593	63,816	63,299	398,776	398,776	330,074	354,352	321,786	326,504	270,846	268,323	255,897	238,709	223,569	227,905	195,720	173,011	160,900	164,000	148,400	131,000	111,400	120,100	130,700	113,900	127,700	124,900	132,500	113,400	133,700	121,000	122,500	132,400	135,700	137,500	135,500	129,500	-	-	-
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Stockholder Equity	95,425	178,758	223,817	233,320	333,265	347,483	375,553	422,093	569,086	627,644	610,474	612,002	600,157	717,215	825,933	924,366	1,081,796	1,066,847	1,006,690	975,060	947,994	983,201	920,047	838,214	965,942	840,791	787,175	705,713	680,453	665,684	566,112	486,232	446,062	377,150	328,694	303,668	367,233	460,759	415,946	389,032	396,864	314,494	274,703	255,202	268,602	286,761	238,235	232,470	222,876	268,338	241,867	290,745	277,869	207,318	184,572	176,206	176,089	137,967	107,449	79,962	53,313	192,474	166,835	111,385	133,339	93,314	68,653	73,059	83,637	35,512	27,715	55,286	48,067	79,054	71,058	-62,648	-62,623	-63,219	-63,462	-62,623	-63,731	-63,179	-62,648	-142,610	0	-85,944	-69,095	-35,004	-21,210	31,733	21,121	18,487	18,259	52,545	63,052	63,528	66,126	97,100	93,600	91,700	90,900	95,100	88,800	85,800	86,900	87,500	83,600	81,800	82,900	85,400	49,900	49,100	29,200	29,900	25,100	25,600	33,800	-	-	-
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-17,621	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-10,752	-10,752	-10,752	-10,752	-10,752	-754	-754	-754	-754	-754	-638	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-

Cash Flow

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Begin Period Cash Flow	246,620	507,828	509,639	373,056	268,577	191,953	330,991	281,502	264,087	423,384	405,880	304,115	285,037	300,738	203,872	94,096	66,852	130,155	2,169	71,908	71,908	102,860	67,832	66,431	31,011	15,700	37,200	5,400	3,500	2,500
Capital Expenditures	290,179	47,532	39,264	105,313	397,421	486,777	341,515	178,838	118,828	442,229	342,228	290,699	281,903	140,460	40,174	28,712	28,571	236,335	7,374	2,577	2,577	9,714	21,403	53,182	41,934	27,900	18,500	9,700	9,200	3,600
Cash And Cash Equivalents Changes	0	-261,208	-1,811	136,583	104,479	76,624	-139,038	44,489	17,415	-159,297	17,504	101,765	19,078	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	-10,011	255,440	-3,546	28,801	323,442	335,329	201,842	217,310	76,594	65,554	80,464	-42,880	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	-76,097	-261,208	-1,811	136,583	104,479	76,624	-139,038	44,489	17,415	-159,297	17,504	101,765	19,078	-15,701	96,866	109,776	27,244	-63,303	151,219	-71,907	-71,907	-30,952	35,028	1,401	32,620	15,300	-21,500	31,800	1,900	2,300
Change In Working Capital	35,074	57,660	259,051	-45,829	-35,818	109,156	-73,033	53,908	46,055	68,505	58,946	127,435	1,771	62,178	-36,690	42,862	10,310	-6,910	8,196	-27,774	-27,774	-2,666	70,098	-6,843	22,736	300	-1,600	5,500	600	-2,200
Change Receivables	0	-20,974	-25,361	29,853	-24,756	21,132	-40,780	-18,956	-1,850	-5,803	1,318	12,698	-35,408	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	79,873	-20,974	-25,361	29,853	-24,756	21,132	-40,780	-18,956	-1,850	-5,803	1,318	12,698	-35,408	-11,326	-20,719	7,588	-1,478	-2,701	21,214	-3,604	-3,604	6,917	-9,815	-274	5,074	-5,000	-3,400	-10,500	-2,600	3,400
Change To Inventory	-29,043	-5,824	-1,562	-1,066	-8,767	-4,701	-21,964	-5,259	-4,323	-1,436	5,020	-6,660	-7,181	-1,777	-3,792	1,413	-4,834	-2,302	-3,087	-14,161	0	-839	166	1,453	-5,419	800	-2,300	600	-1,400	200
Change To Liabilities	0	97,746	19,919	-75,185	-43,959	-35,408	-93,796	64,035	16,549	68,076	38,908	94,170	75,844	25,070	8,120	24,098	0	0	0	111	0	0	45,077	19,182	0	0	0	0	0	0
Change To Netincome	0	-23,658	153	94,494	147,498	59,142	33,244	60,784	134,848	56,113	41,236	36,437	112,230	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	9,125	63,685	52,624	-42,691	61,301	-98,654	12,459	45,754	9,914	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	133,615	136,169	138,299	151,665	159,363	140,439	113,851	109,363	106,816	97,609	84,285	88,309	72,227	63,811	58,711	54,741	28,564	-28,865	19,730	1,813	1,813	8,577	-13,983	-16,321	-17,139	-12,600	-10,700	-8,700	-8,000	-2,400
Dividends Paid	0	0	0	5,514	22,774	24,171	6,261	6,261	6,261	6,261	0	0	0	0	0	0	0	246,465	0	0	0	0	1,426	0	0	0	0	0	0	0
End Period Cash Flow	170,523	246,620	507,828	509,639	373,056	268,577	191,953	325,991	281,502	264,087	423,384	405,880	304,115	285,037	300,738	203,872	94,096	66,852	153,388	1	1	71,908	102,860	67,832	63,631	31,000	15,700	37,200	5,400	4,800
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-450,184	-105,284	212,074	-416,021	87,719	21,731	-10,380	238,550	357,200	-141,799	-98,958	20,318	-103,139	9,837	96,277	105,787	52,981	-173,192	50,552	-40,565	-40,565	664	35,401	10,138	27,396	2,300	-14,400	-8,700	9,600	-8,900
Investments	-62,056	859,833	1,856,035	395,793	-11,106	210,836	231,393	260,987	257,448	458,592	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	68,132	41,196	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	184,306	1,251,705	602,264	117,138	14,905	-61,674	214,025	216,157	368,430	243,110	80,043	129,501	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-260,494	-240,081	-144,773	-510,935	223,984	233,200	364,041	235,432	182,646	68,926	51,854	53,237	-2,649	110,255	116,720	28,586	7,051	-40,547	-12,366	-16,998	-16,998	-49,574	5,069	-18,615	-28,495	8,200	-600	-2,300	-5,500	-6,200
Other Cashflows From Financing Activities	-2,694	-4,128	1,226,746	596,713	-2,672	-6,992	-7,720	10,418	17,634	385,095	215,640	130,576	221,744	56,686	24,635	11,160	23	409,015	-7,722	-2,576	-2,576	344	2,873	22,839	12,704	13,500	700	7,600	1,500	5,400
Other Cashflows From Investing Activities	0	12,182	755	114,000	3,320	87,000	33,941	31,851	101,738	16,953	14,414	43,522	24,521	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-7,516	32,793	31,740	161,643	5,290	-15,069	-66,218	-26,111	31,449	15,626	9,506	7,187	59,345	-38,958	19,256	-2,522	38,347	139,465	-13,936	4,971	4,971	12,720	14,737	75,105	92,228	34,300	17,000	6,500	31,700	5,500
Sale Purchase Of Stock	0	0	68,132	-7,510	-68,769	-102,500	-100,000	-13,763	-40,138	7,001	2,376	1,488	-19,504	-9,998	-754	0	0	-54,891	-7,722	0	0	-28,120	-185	-19,153	0	0	0	-900	0	0
Stock Based Compensation	9,159	7,909	8,645	4,936	8,253	5,349	7,286	8,424	6,616	6,680	4,573	3,516	4,302	5,001	3,454	2,611	5,048	5,048	31,437	0	0	35,417	-28,923	23,704	0	0	0	0	0	0
Total Cash From Financing Activities	-69,346	-188,434	683,153	546,061	24,546	-115,408	-175,467	-218,796	-423,306	227,095	102,048	81,447	122,217	-57,325	-3,645	-8,829	-23,040	134,286	-13,018	-743	-743	-33,739	-13,261	-8,970	4,964	7,900	-4,600	37,700	-12,000	2,300
Total Cash From Operating Activities	-160,005	-57,752	251,338	-310,708	485,140	508,508	331,135	417,388	476,028	300,430	243,270	311,017	178,764	150,297	136,451	134,499	81,552	63,143	57,926	-37,988	-37,988	10,378	56,804	63,320	69,330	30,200	4,100	1,000	18,800	-5,300
Total Cashflows From Investing Activities	0	-15,022	-936,302	-98,770	-405,207	-316,476	-294,706	-154,103	-35,307	-686,822	-327,814	-290,699	-281,903	0	0	0	0	0	106,311	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31
Begin Period Cash Flow	127,921	244,811	289,503	246,620	292,480	442,220	498,465	507,828	746,419	1,280,300	1,019,682	509,639	537,002	592,520	600,609	373,056	512,162	341,304	365,100	268,577	346,041	334,791	280,185	191,953	349,049	579,694	467,789	330,991	405,713	355,467	388,913	281,502	345,174	344,782	226,116	264,087	328,255	360,281	334,991	423,384	441,398	477,588	438,221	405,880	433,485	446,557	376,020	304,115	286,846	303,497	323,691	285,037	315,515	276,235	232,236	300,738	288,160	237,232	246,434	203,872	211,371	182,686	96,335	94,096	110,415	104,518	117,005	66,852	162,487	172,542	153,656	153,388	148,802	140,608	683	30,600	1	458	1,506	1	1	1	30,600	53,714	53,714	81,630	93,602	102,860	121,030	104,407	85,229	67,832	81,973	92,272	81,958	63,631	35,600	41,600	35,700	31,000	34,900	32,000	25,100	15,700	32,800	33,600	45,100	37,200	66,400	15,200	13,500	5,400	7,400	0	0	3,500
Capital Expenditures	77,027	43,798	63,139	106,215	17,815	13,196	7,455	9,066	5,120	16,258	7,469	10,417	3,538	7,819	47,111	46,845	117,133	128,711	77,316	74,261	100,679	127,986	147,215	110,897	128,980	116,257	43,148	53,130	74,588	33,959	40,274	30,017	13,499	32,427	23,269	49,633	80,939	29,524	161,526	170,240	109,511	57,730	149,187	25,800	74,749	38,800	74,303	102,847	106,439	28,184	112,488	34,792	51,410	35,273	23,506	30,271	18,684	10,530	9,383	1,577	4,761	3,635	6,408	13,908	5,198	4,739	8,353	10,281	173,916	17,295	8,721	36,403	3,215	111,426	1,900	0	13,673	0	0	0	2,577	2,577	2,577	3,510	3,510	3,771	553	1,880	3,880	2,600	7,197	7,726	14,724	11,959	22,672	3,827	9,734	7,000	10,600	14,600	18,600	2,400	2,800	4,100	7,000	5,700	2,000	3,800	3,700	3,400	900	1,700	2,700	1,400	2,600	2,500
Cash And Cash Equivalents Changes	0	0	-44,692	42,883	0	0	-56,245	-9,363	-238,591	-533,881	260,618	510,043	-27,363	-55,518	-8,089	227,553	-139,106	170,858	-23,796	96,523	-77,464	11,250	54,606	88,232	-157,096	-230,645	111,905	136,798	-79,722	50,246	-33,446	107,411	-63,672	392	118,666	-37,971	-64,168	-32,026	25,290	-88,393	-18,014	-36,190	39,367	32,341	-27,605	-13,072	70,537	71,905	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0	0	0	255,440	0	0	0	-3,546	0	0	0	28,801	0	0	0	323,442	0	0	0	335,329	0	0	0	201,842	0	0	0	217,310	0	0	0	76,594	0	0	0	65,554	0	0	0	80,464	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	42,602	-116,890	-44,692	42,883	-45,860	-149,740	-56,245	-9,363	-238,591	-533,881	260,618	510,043	-27,363	-55,518	-8,089	227,553	-139,106	170,858	-23,796	96,523	-77,464	11,250	54,606	88,232	-157,096	-230,645	111,905	136,798	-79,722	50,246	-33,446	107,411	-63,672	392	118,666	-37,971	-64,168	-32,026	25,290	-88,393	-18,014	-36,190	39,367	32,341	-27,605	-13,072	70,537	71,905	17,269	-16,651	-20,194	38,654	-30,478	39,280	43,999	-68,502	12,578	50,928	-9,202	42,562	-7,499	28,685	86,351	2,239	-16,319	5,897	-12,487	50,153	-95,635	-10,055	18,886	268	4,586	8,194	139,925	-30,599	1,505	676	-1,048	1,505	0	0	-30,599	18,194	18,194	-27,916	-11,972	-9,258	-18,170	16,623	19,178	17,397	-14,141	-10,299	10,314	18,327	28,031	-6,000	5,900	4,700	-3,900	2,900	6,900	9,400	-17,100	-800	-11,500	7,900	-29,200	51,200	1,700	8,100	-2,000	-2,700	-2,300	-3,600
Change In Working Capital	-159,770	-64,264	-90,343	119,357	-46,570	-35,935	9,511	23,644	-102,108	15,027	71,207	860,343	-91,954	280,508	-28,108	153,994	-60,068	273,003	-2,247	-110,232	-110,193	90,788	-5,270	-86,457	-103,017	-131,308	96,367	-19,996	-60,091	88,403	-15,599	-15,777	-1,258	55,989	92,053	-60,583	-19,683	34,200	44,498	-121,208	73,034	16,923	-17,999	-42,850	-113,715	42,152	-1,110	-19,970	19,886	15,989	-74,757	3,628	56,886	19,946	-9,114	-79,169	3,770	26,919	34,647	28,895	2,008	25,303	60,069	30,230	-79,446	5,259	40,209	44,288	-97,017	3,146	57,958	29,003	-7,002	-4,203	18,440	2,569	1,432	472	-976	1,432	-13,828	14,386	2,569	-12,561	5,870	-11,559	22,150	-696	10,985	18,080	22,318	18,715	-3,001	-40,990	14,133	23,015	27,436	-4,500	200	-400	1,600	-2,200	2,200	-1,300	-700	1,300	-1,700	-500	-200	2,600	1,800	1,300	-5,600	-5,900	5,700	6,400
Change Receivables	0	0	0	0	0	0	0	0	-25,361	0	0	0	29,853	0	0	0	-24,756	0	0	0	21,132	0	0	0	-40,780	0	0	0	-18,956	0	0	0	-1,850	0	0	0	-5,803	0	0	0	1,318	0	0	0	12,698	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	0	0	0	-20,974	-20,974	0	0	-25,361	-25,361	-25,361	-25,361	29,853	29,853	29,853	29,853	-24,756	-24,756	-24,756	-24,756	21,132	21,132	21,132	21,132	-40,782	0	0	0	-18,954	0	0	0	-1,850	0	0	0	-5,803	0	0	0	1,318	0	0	0	12,698	0	0	0	35,408	0	0	0	0	0	0	0	0	0	0	0	7,588	0	0	0	-2,701	0	0	0	-2,701	0	0	22,707	22,707	0	0	0	13,581	0	0	0	0	0	0	-2,534	-2,534	18,405	-11,561	2,607	-8,534	2,502	4,221	-8,004	6,465	-2,308	-6,022	1,591	6,974	500	600	-3,000	-3,900	-4,200	6,900	-3,800	4,100	-4,000	-1,400	-2,100	-5,300	1,000	-2,400	-3,800	2,900	-1,100	-2,800	-1,600
Change To Inventory	0	0	0	0	-5,824	-5,824	0	0	-1,562	-1,562	-1,562	-1,562	-1,066	-1,066	-1,066	-1,066	-8,767	-8,767	-8,767	-8,767	-4,701	-4,701	-4,701	-4,701	-21,964	0	0	0	-5,259	0	0	0	-4,323	0	0	0	-1,436	0	0	0	5,020	0	0	0	-6,660	0	0	0	7,181	0	0	0	0	0	0	0	0	0	0	0	20,683	0	0	0	16,896	0	0	0	10,130	0	0	-1,334	-1,334	0	0	0	-12,774	0	0	0	0	0	0	416	416	-758	-163	-334	499	1,986	-2,581	262	523	-284	625	589	-2,219	-1,600	-300	-1,300	700	200	100	-200	0	0	-1,000	-1,300	400	-300	400	100	-400	-100	-400	-500
Change To Liabilities	0	0	0	0	74,336	0	0	0	19,919	0	0	0	-75,185	0	0	0	-43,959	0	0	0	-35,408	0	0	0	-93,796	0	0	0	64,035	0	0	0	16,549	0	0	0	68,076	0	0	0	38,908	0	0	0	94,170	0	0	0	14,576	0	0	0	25,070	0	0	0	8,120	0	0	0	24,098	0	0	0	0	0	0	0	0	0	0	0	0	13,277	2,045	627	111	1,895	1,603	1,662	0	0	0	0	0	0	0	0	45,077	14,073	2,109	0	19,182	11,400	3,674	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	-95,630	-95,630	-95,630	-83,817	-59,724	11,952	111,208	153	-413,676	266,332	147,344	94,494	-116,575	24,142	151,810	147,498	24,011	63,172	76,171	59,142	-59,596	35,817	164,758	33,244	-142,976	18,186	144,569	60,784	0	0	0	134,848	0	0	0	56,113	0	0	0	41,236	0	0	0	36,437	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	0	0	9,125	9,125	0	0	63,685	63,685	63,685	63,685	52,624	52,624	52,624	52,624	-42,691	-42,691	-42,691	-42,691	61,301	61,301	61,301	61,301	-98,654	-95,120	-95,120	-95,120	12,459	0	0	0	45,754	0	0	0	9,914	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	32,840	34,760	33,348	32,667	136,169	34,347	34,333	33,755	138,299	36,734	39,333	35,356	151,665	36,734	39,333	39,449	162,339	41,596	39,527	38,151	144,921	36,373	32,919	32,245	119,102	0	0	0	114,920	0	0	0	113,494	0	0	0	106,886	0	0	0	91,234	22,983	21,553	0	93,908	17,496	5,949	0	0	17,496	1,207	0	0	0	0	0	0	13,408	1,299	0	23,452	0	11,755	12,019	11,881	11,958	11,169	10,226	7,984	7,156	6,961	6,764	9,407	8,067	2,256	0	7,714	0	0	0	0	0	0	2,397	2,397	10,061	-1,915	-1,966	-2,806	-4,120	-3,482	-3,575	-4,217	-4,115	-4,057	-3,932	-4,639	-4,700	-4,200	-3,600	-3,200	-3,300	-3,400	-2,700	-2,900	-2,500	-2,700	-2,600	-2,600	-2,300	-1,900	-1,900	-2,200	-2,000	-1,900	-1,900
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	5,514	5,514	0	5,514	5,568	5,652	5,743	5,811	5,844	6,089	6,093	6,145	6,261	0	0	0	6,261	0	0	0	6,261	0	0	0	6,261	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
End Period Cash Flow	170,523	127,921	244,811	289,503	246,620	292,480	442,220	498,465	507,828	746,419	1,280,300	1,019,682	509,639	537,002	592,520	600,609	373,056	512,162	341,304	365,100	268,577	346,041	334,791	280,185	191,953	349,049	579,694	467,789	325,991	405,713	355,467	388,913	281,502	345,174	344,782	226,116	264,087	328,255	360,281	334,991	423,384	441,398	477,588	438,221	405,880	433,485	446,557	376,020	304,115	286,846	303,497	323,691	285,037	315,515	276,235	232,236	300,738	288,160	237,232	246,434	203,872	211,371	182,686	96,335	94,096	110,415	104,518	117,005	66,852	162,487	172,542	153,656	153,388	148,802	140,608	1	1,506	1,134	458	1,506	1	1	1	71,908	71,908	53,714	81,630	93,602	102,860	121,030	104,407	85,229	67,832	81,973	92,272	81,958	63,631	35,600	41,600	35,700	31,000	34,900	32,000	25,100	15,700	32,800	33,600	45,100	37,200	66,400	15,200	13,500	5,400	-2,700	-2,300	-100
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	-239,104	-153,388	-69,768	12,076	-51,517	-68,911	2,056	13,088	-65,082	-122,235	287,799	111,592	-140,764	-184,759	-90,540	42	-88,888	16,972	83,216	76,419	-36,251	-57,667	1,001	114,648	-93,322	-156,220	83,343	155,819	-74,507	97,882	46,687	168,488	73,057	59,525	112,563	112,055	-32,672	18,670	-47,012	-80,785	-73,716	-18,378	-53,605	46,741	-13,126	850	15,977	16,617	-40,293	-8,838	-76,724	22,716	-3,976	-8,350	7,376	14,787	6,116	26,937	13,892	49,332	-11,707	23,459	97,628	-3,593	-17,146	20,097	27,915	22,115	-169,963	-6,390	22,853	-19,692	14,992	124,437	28,194	1	-866	-1,323	-2,797	-866	-1,773	0	1	17,098	17,098	691	-8,335	-8,790	-12,984	17,128	19,126	12,131	-16,894	4,985	1,092	20,955	29,896	-4,200	4,000	-2,300	-15,400	3,000	4,500	10,200	-12,900	1,400	-10,800	7,900	-20,700	18,400	3,200	-9,600	-100	5,800	-1,200	5,100
Investments	214,210	15,260	-26,827	-49,389	-1,100	-55,142	-202,967	263,161	326,742	-348,320	-44,585	655,266	590,279	-273,950	47,379	32,085	-12,865	-34,018	-35,677	71,454	93,693	7,051	79,706	30,386	59,908	63,952	39,378	68,155	43,023	79,729	83,487	54,748	79,271	62,959	49,093	66,125	112,582	111,867	86,165	147,978	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-22,539	11,189	24,953	-11,008	-24,279	82,315	66,704	-206,022	-63,552	17,551	1,220,259	-14,138	318,300	48,964	235,000	-110,751	150,418	53,117	24,354	-71,595	-23,694	66,105	20,395	-114,137	21,979	8,612	21,872	8,493	21,925	101,304	82,303	141,438	31,259	15,001	28,459	121,424	-46,424	145,680	147,750	111,110	0	118,007	13,993	-14,620	-14,203	54,559	54,307	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-101,182	-48,720	-12,335	-98,257	-80,498	-9,269	-36,774	-122,809	-92,574	14,669	-6,177	-60,691	-162,560	-97,099	-106,904	-144,372	49,717	80,076	57,833	36,358	31,636	93,542	79,480	28,542	172,130	74,566	80,433	36,912	1,942	102,454	79,570	51,466	37,900	70,029	48,834	25,883	11,099	35,575	27,327	-5,075	17,079	40,604	11,316	-17,145	-3,408	45,483	3,904	7,258	20,921	25,617	-50,042	855	70,579	30,467	8,993	216	35,023	30,670	27,493	23,534	-11,881	6,037	54,345	-19,915	3,307	19,577	-3,941	-11,892	-9,630	7,759	-26,384	-12,292	-19,503	7,833	1,399	-451	-1,263	-1,756	-2,587	-1,263	-552	-531	-451	-6,354	-15,055	6,445	-31,085	-18,580	-10,159	12,048	2,964	216	-20,414	-220	4,617	-2,598	-34,695	3,500	1,900	800	200	6,200	2,900	-1,100	-800	1,400	1,200	-2,400	-4,300	1,400	1,200	-600	-1,600	4,800	-400	-8,300
Other Cashflows From Financing Activities	-1,560	-21	-47	-1,066	68,082	-2,236	-68,231	-1,490	-369	-51	31,299	1,195,867	40,510	314,748	48,881	-1,230	-484	-1,143	-63	-982	-2,249	-331	-1,183	-3,229	-6,090	-356	-240	-7,295	505	282	14,938	-5,307	19,117	166	-17,947	-1,323	71,776	14,935	147,564	150,820	109,680	-786	107,153	-407	-569	-434	66,543	65,036	85,002	-72	61,466	82,904	46,521	29,496	7	160	5,948	-6,610	24,031	-618	-234	9,403	-7,295	16,000	201	-11	-20	-147	117,723	4,491	45,879	86,929	-15,492	48	-54	0	-13,673	0	0	0	0	0	0	100	-1,540	121	-3,054	92	314	13	455	511	4,723	1,996	10,798	232	204	100	3,900	8,500	13,000	100	300	200	-10,500	300	200	200	200	300	6,000	200	-1,200	200	1,100	200
Other Cashflows From Investing Activities	0	0	10,300	9,563	0	0	8,538	1,124	361	277	0	117	0	114,000	79,464	32,085	550	4,695	-4,705	2,780	86,013	87,000	987	87,000	430	23,292	33,511	8,003	31,851	28,453	19,914	31,851	15,705	42,742	48,236	37,797	15,975	628	31,007	350	-1,586	37,019	16,000	0	43,522	31,745	19,770	0	24,521	15,820	8,083	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Non Cash Items	-23,892	-83,830	-25,516	98,257	0	-80,513	40,243	122,809	29,400	-135,673	230,238	-676,078	117,288	-360,349	91,583	37,265	38,596	-207,396	104,946	224,554	142,985	-114,011	74,006	283,460	-33,455	16,779	-50,309	192,033	58,230	-59,016	22,990	162,816	49,914	-34,066	-5,055	196,388	56,851	-21,581	42,689	215,738	-54,318	-41,158	102,265	132,536	178,746	-47,985	81,537	132,176	25,339	-22,260	159,356	53,025	-80,031	-23,490	31,003	124,011	-13,993	-33,530	-40,164	-1,520	2,927	-4,246	-22,133	12,019	4,994	-11,958	11,169	10,226	118,584	-1	6,961	6,764	-15,593	1,314	6,099	-2,117	-1,035	-39	766	-1,035	12,607	-13,855	-2,117	37,126	3,500	-485	3,068	14,332	-7,124	-6,280	4,523	4,501	12,639	47,487	9,071	8,297	51,528	8,500	16,700	15,500	4,600	4,700	5,600	19,400	-1,500	6,900	-5,600	17,200	-9,900	20,100	3,000	-6,700	12,000	10,300	-2,000	11,400
Sale Purchase Of Stock	0	-21	-47	-1,066	0	-253	-99	0	0	0	0	68,132	7,510	-7,510	0	-7,510	-18,079	-20,000	-19,604	-11,086	-48,606	-31,149	-2,500	-20,245	-49,514	-46,187	-4,299	0	0	-3,688	-7,611	-2,464	-2,516	-20,001	17,621	0	1,514	1,154	1,884	2,449	0	934	31	1,411	225	281	1	981	-19,504	0	0	-7,556	9,998	-9,998	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-3	-3	-24,990	0	0	-31	0	0	0	-3,776	-10,287	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	0	0	0	-1,066	9,399	0	-34,333	-1,490	8,645	9,751	6,284	-1,565	0	9,751	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-23,958	0	0	-39,205	0	0	0	-39,205	0	0	0	0	0	0	0	0	0	0	2,611	0	0	0	5,048	0	0	0	5,048	0	0	0	50,309	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9,823	13,143	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-9,531	-22,560	-11,236	-26,019	-11,058	-26,768	-82,414	-68,194	-206,391	-63,603	17,404	935,743	26,372	289,191	35,072	195,426	-37,903	183,209	-78,527	-42,233	-71,203	-61,263	67,072	-50,014	-64,627	-68,522	-13,151	-29,167	-7,988	-25,331	-93,977	-91,500	-137,884	-54,285	-44,891	-186,246	-39,832	-701	132,169	135,459	41,288	-17,812	92,972	-14,400	-14,479	-13,922	54,560	55,288	57,562	-7,813	56,530	15,938	-26,501	-17,139	-6,842	-6,843	-7,250	-6,610	17,506	-7,291	-7,214	9,403	-13,227	2,209	-5,768	-5,692	-5,705	-5,875	121,958	-13,665	-58,567	84,560	-10,406	-2,558	-54	3,582	2,371	1,999	1,749	2,371	0	0	0	-874	-874	-28,270	-3,979	-616	-5,186	-505	-114	-7,456	-178	-15,340	9,181	-2,633	-1,836	-1,800	1,800	6,800	11,300	-1,200	-1,100	-1,100	-600	-2,500	-1,000	-500	-9,500	32,400	-2,400	17,200	-3,400	-2,700	-2,300	-3,600
Total Cash From Operating Activities	-162,077	-109,590	-6,629	118,291	-33,702	-55,715	9,511	22,154	-59,962	-105,977	295,268	122,009	-137,226	-176,940	-43,429	46,887	28,245	145,683	160,532	150,680	64,428	70,319	148,216	225,545	35,658	-39,963	126,491	208,949	81	131,841	86,961	198,505	86,556	91,952	135,832	161,688	48,267	48,194	114,514	89,455	35,795	39,352	95,582	72,541	61,623	39,650	90,280	119,464	66,146	19,346	35,764	57,508	47,434	26,923	30,882	45,058	24,800	37,467	23,275	50,909	-6,946	27,094	104,036	10,315	-11,948	24,836	36,268	32,396	3,953	10,905	31,574	16,711	18,207	13,011	28,194	1	-866	-1,323	-2,797	-866	-1,773	0	1	20,608	20,608	4,462	-7,782	-6,910	-9,104	19,728	26,323	19,857	-2,170	16,944	23,764	24,782	39,630	2,800	14,600	12,300	3,200	5,400	7,300	14,300	-5,900	7,100	-8,800	11,700	-17,000	21,800	4,100	-7,900	2,600	7,200	1,400	7,600
Total Cashflows From Investing Activities	0	15,260	-26,827	-49,389	-1,100	-67,257	16,658	36,677	27,762	-364,301	-52,054	-547,709	83,491	-167,769	268	-14,760	-129,448	-158,034	-105,801	-11,924	-70,689	2,194	-160,682	-87,299	-128,127	-122,160	-1,435	-42,984	-71,815	-56,264	-26,430	406	-12,344	-37,275	27,725	-13,413	-72,603	-79,519	-221,393	-313,307	-95,097	-57,730	-149,187	-25,800	-74,749	-38,800	-74,303	-102,847	-281,903	-175,464	-147,280	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	23,632	0	0	0	0	106,311	109,526	111,785	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	4,996	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in USD. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31	1994-12-31
Cost Of Revenue	2,698,200	2,555,425	1,804,587	1,157,273	2,219,275	2,206,199	1,912,090	1,692,756	1,657,458	1,764,796	1,723,163	1,565,700	950,713	338,580	482,149	649,039	779,132	714,739	425,254	149,679	149,679	557,733	467,460	446,400	346,068	296,300	296,100	286,800	277,200	77,400
Depreciation And Amortization	133,615	62,467	51,970	181,485	159,363	140,439	113,851	109,363	106,816	97,609	84,285	88,309	66,262	57,712	52,648	48,678	28,564	-28,865	19,730	1,813	1,813	8,577	-13,983	-16,321	-17,139	-12,600	-10,700	-8,700	-8,000	-2,400
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	-283,114	-191,251	-82,564	-647,611	175,714	215,565	384,891	403,571	313,278	135,525	45,287	130,114	21,797	94,912	113,039	99,162	-885,086	-733,633	-504,584	-194,735	-16,998	-701,405	-281,199	-144,315	-81,923	-102,100	-116,700	-121,600	17,600	-2,800
Ebitda	-149,499	-128,784	-30,594	-466,126	335,077	356,004	498,742	512,934	420,094	233,134	129,572	218,423	88,059	152,624	165,687	147,840	-856,522	-762,498	-484,854	-192,922	-15,185	-692,828	-295,182	-160,636	-99,062	-114,700	-127,400	-130,300	9,600	-5,200
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	9,333	82,978	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	18,084	85,842	-208,003	-312,460	612,953	631,212	783,538	757,824	660,009	550,083	432,702	396,653	699,746	971,513	701,157	561,826	203,423	173,308	79,069	7,385	7,385	74,305	144,122	160,820	142,809	130,100	108,200	97,600	69,700	11,800
Income Before Tax	-327,794	-293,849	-185,323	-700,052	304,996	301,158	410,555	393,464	295,688	113,447	86,410	85,786	-1,082	81,989	97,196	53,209	-2,071	-41,010	10,474	-16,998	-16,998	-55,476	18,839	-12,325	-39,913	16,000	1,100	-1,400	-2,400	-4,800
Income Tax Expense	-67,300	-53,768	-40,550	-189,117	81,012	67,958	46,514	149,333	113,042	44,521	34,556	32,549	1,567	-28,266	-19,524	24,623	-9,122	-463	22,840	-181,649	0	2,799	13,770	6,290	-11,418	7,800	1,700	900	21,100	4,800
Interest Expense	90,540	91,571	107,074	37,203	23,372	25,114	22,464	33,961	52,417	56,216	37,828	32,998	24,521	16,835	20,653	20,656	25,510	0	0	417	0	0	0	0	0	0	0	0	0	0
Interest Income	57,231	32,141	8,603	8,731	12,583	9,242	6,132	4,007	109,537	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	-260,494	-240,081	-144,773	-510,935	223,984	233,200	364,041	244,131	182,646	68,926	51,854	53,237	-2,649	110,255	116,720	28,586	7,051	-40,547	-12,366	-16,998	-16,998	-58,275	5,069	-18,615	-29,267	8,200	-1,100	-1,500	-5,500	-6,200
Net Income Applicable To Common Shares	0	-240,081	-144,773	-510,935	223,984	233,200	364,041	235,432	182,646	68,926	51,854	53,237	-2,649	110,255	116,720	28,586	7,051	0	0	0	0	0	5,069	0	0	0	0	0	0	0
Net Income From Continuing Ops	-260,494	-240,081	-144,773	-510,935	223,984	233,200	364,041	235,432	182,646	68,926	51,854	53,237	-2,649	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-24,476	-59,430	-98,471	-28,472	-10,789	-15,872	-16,332	-29,954	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	7,776	4,315	-52,441	-22,481	-13,210	-73,217	-15,998	-130,415	-131,685	-47,337	-10,614	-4,615	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	23,450	109,142	109,142	109,142	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	-283,114	-191,251	-82,564	-647,611	175,714	314,368	483,772	409,462	426,103	245,132	133,747	129,398	20,283	91,278	107,484	91,898	6,834	3,170	2,030	-15,093	-15,093	-56,079	-274,260	-199,239	-161,464	-128,300	-139,100	-140,000	-400	-6,200
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	2,999,398	2,832,518	1,670,165	1,308,313	2,504,751	2,487,721	2,188,406	1,945,976	1,891,364	2,069,747	2,022,118	1,832,955	1,630,176	877,707	973,228	1,118,967	1,880,376	1,734,928	1,005,121	355,711	355,711	1,344,110	885,842	806,459	650,341	554,700	543,400	524,400	347,300	95,400
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	133,615	136,169	138,299	151,665	159,363	140,439	113,851	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling And Marketing Expenses	117,132	113,843	72,512	46,297	130,216	129,315	131,783	125,731	119,746	122,518	125,900	114,324	96,264	78,197	65,295	56,574	53,602	48,575	0	0	0	0	20,812	14,798	12,471	11,700	13,000	13,400	0	0
Selling General Administrative	890	113,843	72,512	638,000	1,140,699	1,133,214	1,020,100	905,028	815,250	752,397	726,393	643,829	321,241	297,567	272,623	242,798	455,285	460,472	81,915	36,744	36,744	122,286	292,204	229,513	195,000	172,800	173,300	170,400	0	0
Tax Provision	-67,300	-53,768	-40,550	-189,117	81,012	67,958	46,514	144,032	113,042	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	301,198	277,093	-134,422	151,040	285,476	281,522	276,316	253,220	233,906	304,951	298,955	267,255	679,463	539,127	491,079	1,118,967	1,101,244	1,020,189	579,867	206,032	206,032	786,377	418,382	360,059	304,273	258,400	247,300	237,600	70,100	18,000
Total Other Income Expense Net	-44,680	-102,598	-102,759	-52,441	129,282	-32,660	-80,335	-81,186	-80,809	-77,153	-10,148	-11,194	1,642	3,912	4,810	-25,297	4,653	-55,518	3,786	-3,912	-1,905	-10,667	34,905	-22,282	-45,263	-1,000	-1,000	-1,000	-2,000	1,400
Total Revenue	2,716,284	2,641,267	1,596,584	844,813	2,832,228	2,837,411	2,695,628	2,450,580	2,317,467	2,314,879	2,155,865	1,962,353	1,650,459	1,310,093	1,183,306	1,210,865	982,555	888,047	504,323	157,064	157,064	632,038	611,582	607,220	488,877	426,400	404,300	384,400	346,900	89,200

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31	1999-12-31	1999-09-30	1999-06-30	1999-03-31	1998-12-31	1998-09-30	1998-06-30	1998-03-31	1997-12-31	1997-09-30	1997-06-30	1997-03-31	1996-12-31	1996-09-30	1996-06-30	1996-03-31	1995-12-31	1995-09-30	1995-06-30	1995-03-31	1994-12-31	1994-09-30	1994-06-30	1994-03-31
Cost Of Revenue	687,734	704,441	639,018	667,007	668,881	662,573	655,097	568,875	512,354	492,540	431,413	221,010	317,404	157,840	151,145	530,884	568,016	563,168	552,931	535,160	561,053	572,632	549,619	522,895	510,099	476,293	462,669	463,029	447,957	436,937	411,564	396,298	404,934	398,180	402,517	391,283	426,014	454,574	447,392	436,816	426,836	447,932	422,574	425,821	415,879	286,917	270,610	248,346	243,145	239,659	246,310	120,801	87,752	85,930	81,771	131,355	-73,491	134,407	111,796	105,255	277,022	134,531	135,385	219,721	208,870	199,506	189,929	180,839	163,515	189,097	181,329	180,799	189,526	174,558	58,826	451	1,264	1,757	2,589	1,264	552	531	451	154,096	154,096	146,286	137,303	120,048	120,531	121,651	112,597	112,682	115,740	116,186	110,261	104,211	95,968	91,200	82,800	75,900	72,800	75,000	74,400	74,000	68,300	73,600	76,400	77,900	59,100	78,900	74,700	74,400	72,400	71,900	68,200	64,900	-	-	-	-
Depreciation And Amortization	32,840	34,760	10,912	17,386	-1,606	14,738	12,180	16,966	138,299	33,899	35,113	35,356	-1,735	36,734	39,333	39,449	3,948	41,596	39,527	38,151	544	36,373	32,919	32,245	-2,828	28,447	27,872	27,468	90,544	27,495	26,988	27,146	1,264	26,061	27,537	25,179	-9,282	24,384	23,765	22,811	-1,144	22,092	19,788	19,113	-1,006	22,983	21,553	19,151	18,459	17,496	15,604	14,703	14,876	14,452	14,397	13,987	13,463	13,408	13,054	12,723	12,982	11,922	11,755	-12,019	61,917	-11,958	-11,169	-10,226	-7,984	-7,156	-6,961	-6,764	9,407	8,067	2,256	-451	-1,264	0	0	0	0	0	0	2,397	2,397	10,061	-1,915	-1,966	-2,806	-4,120	-3,482	-3,575	-4,217	-4,115	-4,057	-3,932	-4,639	-4,700	-4,200	-3,600	-3,200	-3,300	-3,400	-2,700	-2,900	-2,500	-2,700	-2,600	-2,600	-2,300	-1,900	-1,900	-2,200	-2,000	-1,900	-1,900	-	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Ebit	-101,189	-78,343	-9,580	-117,427	-20,287	8,022	-26,089	-147,805	-197,269	14,287	-4,885	-85,394	-209,478	-144,756	-150,356	-95,521	69,284	76,743	49,345	16,483	69,349	83,514	59,188	41,872	100,178	143,273	116,598	57,734	24,869	148,085	95,655	72,152	108,846	124,792	62,728	43,687	77,332	77,142	28,952	-11,970	33,848	53,264	14,605	-31,994	12,237	75,029	29,495	13,114	34,643	61,585	-69,843	-4,588	22,921	39,677	25,914	5,372	17,998	24,929	35,117	36,666	-12,883	-7,937	50,338	-255,406	-266,422	-175,727	-192,470	-201,161	-252,263	-190,801	-101,515	-195,195	-230,416	-192,173	-77,554	-451	-1,264	-1,756	0	0	-552	-531	-451	-187,104	-197,156	-167,795	-110,622	-92,845	-102,297	-66,481	-56,686	-55,738	-43,245	-21,073	-35,971	-44,022	3,077	-27,500	-28,000	-29,600	-27,100	-21,200	-23,400	-30,400	-25,500	-25,000	-30,000	-36,700	-142,400	9,100	7,200	4,100	3,300	10,000	4,300	-3,900	-	-	-	-
Ebitda	-68,349	-43,583	1,332	-100,041	-21,893	22,760	-13,909	-130,839	-58,970	48,186	30,228	-50,038	-211,213	-108,022	-111,023	-56,072	73,232	118,339	88,872	54,634	69,893	119,887	92,107	74,117	97,350	171,720	144,470	85,202	115,413	175,580	122,643	99,298	110,110	150,853	90,265	68,866	68,050	101,526	52,717	10,841	32,704	75,356	34,393	-12,881	11,231	98,012	51,048	32,265	53,102	79,081	-54,239	10,115	37,797	54,129	40,311	19,359	31,461	38,337	48,171	49,389	99	3,985	62,093	-267,425	-204,505	-187,685	-203,639	-211,387	-260,247	-197,957	-108,476	-201,959	-221,009	-184,106	-75,298	-902	-2,528	-1,756	-2,587	-1,263	-552	-531	-451	-184,707	-194,759	-157,734	-112,537	-94,811	-105,103	-70,601	-60,168	-59,313	-47,462	-25,188	-40,028	-47,954	-1,562	-32,200	-32,200	-33,200	-30,300	-24,500	-26,800	-33,100	-28,400	-27,500	-32,700	-39,300	-145,000	6,800	5,300	2,200	1,100	8,000	2,400	-5,800	-73,100	22,300	22,300	22,300
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,633	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Gross Profit	-18,660	23,238	67,910	-54,404	62,154	78,581	36,768	-91,661	-17,616	16,308	-20,632	-38,793	-167,721	-81,858	-91,141	28,260	140,121	191,983	159,258	121,591	136,412	186,455	165,828	142,517	176,450	243,266	212,666	151,156	185,016	234,900	183,026	154,882	169,220	233,558	168,778	148,997	148,825	184,888	128,328	88,042	105,049	151,366	111,354	64,933	77,107	262,405	213,941	187,148	190,830	216,200	148,705	244,808	256,048	266,099	234,118	167,021	370,543	171,220	180,208	183,369	23,514	205,387	183,807	31,498	41,815	73,001	54,255	34,352	62,767	40,672	40,949	28,922	20,789	49,528	11,096	-451	-1,264	-1,757	-2,589	-1,264	-552	-531	-451	12,556	12,556	32,961	10,697	18,091	20,543	44,774	43,441	35,363	30,990	53,715	44,296	31,822	25,509	43,800	39,500	34,100	28,800	40,500	34,600	26,300	27,000	31,700	27,500	21,800	34,000	22,200	21,400	19,600	20,100	21,500	17,300	10,600	22,300	22,300	22,300	22,300
Income Before Tax	-126,982	-60,520	-14,461	-125,831	-62,918	-10,779	-45,934	-154,824	-119,374	19,169	-8,294	-76,824	-228,759	-143,584	-152,521	-175,188	67,909	108,519	79,609	48,959	41,519	116,757	105,787	37,095	110,077	119,638	129,358	51,482	17,561	164,159	128,640	83,104	61,446	112,982	79,261	41,999	18,396	58,364	44,979	-8,292	28,156	67,418	18,215	-27,379	-6,185	73,803	6,309	11,859	32,679	47,326	-82,573	1,486	23,549	42,160	15,911	369	13,290	16,970	37,295	29,641	4,184	14,595	54,345	-19,915	1,101	21,820	-5,202	-19,790	-20,158	13,325	-22,070	-12,108	-11,557	22,727	1,399	-451	-1,756	-1,756	0	0	-552	-531	-451	-18,160	-18,160	6,445	-25,181	-96,575	-8,846	21,901	5,390	392	-17,414	1,420	8,395	-4,723	-51,613	6,600	3,500	1,500	900	11,300	5,800	-2,200	-500	4,900	1,500	-4,800	-6,500	3,900	1,800	0	0	5,700	0	-7,300	-	-	-	-
Income Tax Expense	-25,800	-11,800	-2,126	-27,574	-12,758	-1,510	-9,160	-32,015	-26,800	4,500	-2,117	-16,133	-66,199	-46,485	-45,617	-30,816	18,192	28,443	21,776	12,601	9,883	23,215	26,307	8,553	-62,053	45,072	48,925	14,570	6,920	61,705	49,070	31,638	23,546	42,953	30,427	16,116	7,297	22,789	17,652	-3,217	11,077	26,814	6,899	-10,234	-2,777	28,320	2,405	4,601	11,758	21,709	-32,531	631	-47,030	11,693	6,918	153	-21,733	-13,700	9,802	6,107	16,065	8,558	4,847	-229,758	-2,206	2,243	-1,261	-7,898	-10,528	5,565	4,314	184	7,946	14,894	-74,521	-180	-1	0	0	0	0	0	0	-3,105	-3,105	-174,072	5,904	-74,164	1,313	9,855	2,426	176	3,000	1,638	3,777	-2,125	-16,918	3,100	1,600	700	700	5,200	2,900	-1,100	300	3,500	300	-2,400	-2,200	2,500	600	4,700	4,900	5,000	4,800	4,600	1,600	1,500	1,500	1,500
Interest Expense	22,358	20,291	20,760	21,422	21,984	22,145	23,457	23,985	25,509	29,017	29,539	23,009	13,174	10,765	7,300	5,964	5,817	5,267	6,043	6,245	6,900	6,625	5,272	6,317	5,430	5,162	5,629	6,243	6,915	7,820	8,447	10,779	12,641	12,808	12,743	14,225	14,689	15,270	14,023	12,234	10,145	10,474	9,272	7,937	8,581	9,396	10,722	9,048	8,701	7,737	4,889	1,978	4,926	1,934	4,972	5,003	5,493	5,140	4,770	5,250	5,399	4,777	4,847	5,633	25,510	6,397	6,414	6,542	5,122	3,885	4,533	3,936	2,937	5,004	1,104	0	417	0	0	0	180	0	0	54	1,264	89	0	0	2,212	0	0	0	3,934	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Interest Income	13,542	13,685	13,539	16,465	11,858	9,287	6,562	4,434	3,942	2,067	1,345	1,249	1,003	1,942	2,766	3,020	3,378	3,148	3,074	2,983	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Minority Interest	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income	-101,182	-48,720	-12,335	-98,257	-50,160	-9,269	-36,774	-122,809	-92,574	14,669	-6,177	-60,691	-162,560	-97,099	-106,904	-144,372	49,717	80,076	57,833	36,358	31,636	93,542	79,480	28,542	172,130	74,566	80,433	36,912	10,641	102,454	79,570	51,466	37,900	70,029	48,834	25,883	11,099	35,575	27,327	-5,075	17,079	40,604	11,316	-17,145	-3,408	45,483	3,904	7,258	20,921	25,617	-50,042	855	70,579	30,467	8,993	216	35,023	30,670	27,493	23,534	-11,881	6,037	54,345	-19,915	3,307	19,577	-3,941	-11,892	-9,630	7,760	-26,384	-12,292	-19,503	7,833	1,399	-451	-1,263	-1,756	-2,587	-1,263	-552	-531	-451	-15,055	-15,055	6,445	-31,085	-18,580	-10,159	12,046	2,964	216	-20,414	-218	4,618	-2,598	-35,467	3,500	1,900	800	200	6,100	2,900	-1,100	-1,300	1,400	1,200	-2,400	-3,800	1,400	1,500	-600	-1,600	4,800	-500	-8,300	-1,600	-1,500	-1,500	-1,500
Net Income Applicable To Common Shares	0	-48,720	-12,335	-98,257	-50,160	-9,269	-36,774	-122,809	-92,574	14,669	-6,177	-60,691	-162,560	-97,099	-106,904	-144,372	49,717	80,076	57,833	36,358	31,636	93,542	79,480	28,542	172,130	74,566	80,433	36,912	1,942	102,454	79,570	51,466	37,900	70,029	48,834	25,883	11,099	35,575	27,327	-5,075	17,079	40,604	11,316	-17,145	-3,408	45,483	3,904	7,258	20,921	25,617	-50,042	855	70,579	30,467	8,993	216	35,023	30,670	27,493	23,534	22,549	6,037	54,345	0	3,307	19,577	0	0	-7,759	7,759	0	0	-7,833	7,833	1,399	0	0	0	0	0	0	0	0	0	-6,445	6,445	0	0	-6,264	11,333	1,911	2,528	0	-4,617	4,617	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Income From Continuing Ops	-101,182	-48,720	-12,335	-98,257	-50,160	-9,269	-36,774	-122,809	-92,574	14,669	-6,177	-60,691	-162,560	-97,099	-106,904	-144,372	49,717	80,076	57,833	36,358	31,636	93,542	79,480	28,542	172,130	74,566	80,433	36,912	1,942	102,454	79,570	51,466	37,900	70,029	48,834	25,883	11,099	35,575	27,327	-5,075	17,079	40,604	11,316	-17,145	-3,408	45,483	3,904	7,258	0	25,617	-50,042	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Net Interest Income	-5,692	-6,606	-7,221	-4,957	-10,126	-12,858	-16,895	-19,551	-21,567	-26,950	-28,194	-21,760	-12,171	-8,823	-4,534	-2,944	-2,439	-2,119	-2,969	-3,262	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Operating Income Net Other	0	0	-4,881	-8,404	0	0	-19,845	-7,019	59,042	-24,298	-26,769	-3,660	-19,281	-22,511	-3,557	-7,092	-7,620	-8,117	-9,272	2,528	-27,830	931	12,859	830	3,656	-54,113	-13,191	-9,569	-7,308	-9,696	9,770	-8,764	-47,400	-41,695	-12,155	-29,165	-58,936	-47,805	-6,615	-18,329	-5,692	-7,016	-19,176	-15,453	-9,841	8,266	-14,473	5,434	0	-8,531	-9,447	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	14,313	41,724	-51,266	18,679	109,142	0	0	0	109,142	0	0	0	109,142	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Operating Income	-101,189	-54,917	-9,580	-117,427	-20,287	8,022	-26,089	-147,805	-71,342	43,467	18,475	-73,164	-209,478	-121,073	-148,964	-168,096	69,284	116,636	88,881	52,676	69,349	115,826	92,928	36,265	100,178	173,751	142,549	67,294	24,869	173,855	118,870	91,868	108,846	154,677	91,416	71,164	77,332	106,169	51,594	10,037	33,848	74,434	37,391	-11,926	12,237	74,933	29,328	12,900	34,462	60,947	-70,181	-4,945	22,424	39,278	23,998	5,578	16,109	23,726	31,703	35,946	38,126	27,309	48,471	-22,008	-1,989	25,552	-599	-16,130	-13,948	12,696	9,017	-4,594	-10,269	17,936	-3,541	-451	-1,264	-1,757	-2,589	-1,264	-552	-531	-451	-18,726	-197,156	6,366	-115,336	-96,676	-94,552	-59,853	-59,909	-59,951	-61,348	-42,083	-43,578	-52,226	-51,064	-36,900	-36,400	-36,800	-34,300	-27,900	-30,300	-35,800	-31,400	-30,400	-35,700	-42,100	-148,100	4,500	3,100	300	-1,100	5,900	500	-7,500	-73,100	22,300	22,300	22,300
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Other Operating Expenses	770,263	782,596	716,508	730,030	751,322	738,223	717,954	625,019	566,080	465,381	383,323	255,381	353,457	179,566	174,954	600,336	638,853	638,515	623,308	604,075	628,116	643,261	622,519	593,825	586,371	545,808	528,015	528,212	512,962	497,982	475,720	459,312	465,308	477,061	479,879	469,116	497,507	533,293	524,126	514,821	498,037	524,864	496,537	502,680	480,749	474,389	455,223	422,594	399,513	394,912	465,196	269,756	225,784	222,483	211,111	266,558	50,821	257,753	232,783	227,690	434,294	312,609	206,189	524,930	492,535	478,611	465,969	443,285	470,943	438,801	399,871	428,387	444,290	413,347	143,044	902	2,528	3,514	5,178	2,528	1,104	1,062	902	363,808	363,808	346,874	263,336	234,815	235,626	226,278	215,947	207,996	208,078	211,984	198,135	188,259	172,541	171,900	158,700	146,800	135,900	143,400	139,300	136,100	126,700	135,700	139,600	141,800	241,200	96,600	93,000	93,700	93,600	87,500	85,000	83,000	95,400	-	-	-
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Reconciled Depreciation	0	0	0	0	136,169	34,347	34,333	0	138,299	0	0	0	152	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	12,019	12,599	11,958	11,169	10,226	7,984	7,156	6,961	6,764	9,407	8,067	2,256	0	0	0	0	0	0	0	0	2,397	2,397	10,061	-1,915	-1,966	-2,806	-4,120	-3,482	-3,575	-4,217	-4,115	-4,057	-3,932	-4,639	-4,700	-4,200	-3,600	-3,200	-3,300	-3,400	-2,700	-2,900	-2,500	-2,700	-2,600	-2,600	-2,300	-1,900	-1,900	-2,200	-2,000	-1,900	-1,900	-	-	-	-
Research Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Selling And Marketing Expenses	30,808	29,695	28,391	28,238	32,076	32,505	28,615	20,647	22,869	20,964	17,270	11,409	11,453	5,201	2,927	26,716	33,618	33,291	32,471	30,836	32,833	32,704	31,853	31,925	33,115	32,930	32,557	33,186	31,795	29,480	31,425	33,031	28,529	30,305	30,484	30,428	28,395	32,015	30,773	31,335	27,615	32,288	32,186	33,811	25,269	31,028	28,611	29,416	23,380	23,359	23,292	26,233	18,267	20,140	17,122	22,668	16,468	15,112	16,266	17,450	9,864	10,394	20,148	16,168	11,166	14,056	14,996	13,384	48,575	0	0	0	0	0	0	0	0	0	0	0	0	0	0	10,313	0	0	5,602	4,711	8,187	4,999	4,636	2,990	5,833	3,411	3,196	2,358	1,871	3,600	3,600	3,400	3,000	2,600	3,000	3,200	2,600	3,500	3,600	3,400	0	0	0	0	0	0	0	0	-	-	-	-
Selling General Administrative	30,808	29,695	28,391	28,238	32,076	32,505	302,300	289,930	22,869	20,964	17,270	71,277	207,930	64,098	74,025	291,947	289,757	291,329	283,180	276,433	271,445	279,780	275,929	306,060	273,856	255,310	248,061	242,873	232,988	228,069	224,582	219,389	211,299	204,765	201,339	197,847	184,498	193,188	189,212	185,499	180,370	189,082	177,347	179,594	280,261	93,438	96,699	90,124	81,539	82,417	79,713	77,572	77,740	73,747	73,181	72,899	69,987	68,399	66,772	67,465	111,393	61,646	12,458	121,619	104,353	113,847	121,195	115,890	353,903	35,899	35,540	35,129	36,051	34,551	11,313	2,095	1,655	1,757	2,590	1,264	0	0	0	35,799	35,799	29,275	88,593	83,464	88,049	71,431	70,810	61,915	61,356	60,006	55,600	52,549	47,500	51,300	48,900	47,200	42,000	45,100	42,700	43,200	40,400	43,700	44,000	45,400	0	0	0	0	0	0	0	0	-	-	-	-
Tax Provision	-25,800	-11,800	-2,126	-27,574	-12,758	-1,510	-9,160	-32,015	-26,800	4,500	-2,117	-16,133	-66,199	-46,485	-45,617	-30,816	18,192	28,443	21,776	12,601	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-
Total Operating Expenses	82,529	78,155	77,490	63,023	82,441	75,650	62,857	56,144	53,726	-27,159	-48,090	34,371	36,053	21,726	23,809	69,452	70,837	75,347	70,377	68,915	67,063	70,629	72,900	70,930	76,272	69,515	65,346	65,183	65,005	61,045	64,156	63,014	60,374	78,881	77,362	77,833	71,493	78,719	76,734	78,005	71,201	76,932	73,963	76,859	64,870	187,472	184,613	174,248	156,368	155,253	218,886	148,955	138,032	136,553	129,340	135,203	124,312	123,346	120,987	122,435	157,272	312,609	70,804	305,209	283,665	279,105	276,040	262,446	307,428	249,704	218,542	247,588	254,764	238,789	84,218	451	1,264	1,757	2,589	1,264	552	531	451	209,712	209,712	200,588	126,033	114,767	115,095	104,627	103,350	95,314	92,338	95,798	87,874	84,048	76,573	80,700	75,900	70,900	63,100	68,400	64,900	62,100	58,400	62,100	63,200	63,900	182,100	17,700	18,300	19,300	21,200	15,600	16,800	18,100	-95,400	-	-	-
Total Other Income Expense Net	-25,793	1,003	-4,881	-8,404	-42,631	-18,801	-19,845	-7,019	-26,465	2,652	-7,558	18,100	-12,814	-31,177	-33,037	-131,048	1,064	-5,998	-6,303	-455	-23,643	4,432	16,200	-29,649	13,677	-50,812	-13,800	-29,400	-96,498	-2,989	17,130	1,171	-35,518	-29,578	-137	-15,576	-44,843	-33,006	7,010	-6,314	4,240	3,285	-10,030	-7,643	-9,944	8,170	-12,464	7,793	6,737	-6,522	-7,841	8,052	5,554	4,417	-5,031	-1,028	785	-2,819	6,948	-1,775	22,466	27,309	8,854	5,733	24,572	-6,461	-6,977	-6,481	23,570	-3,919	-62,156	-9,943	-3,559	2,912	4,432	-180	1	1	0	0	-552	-531	-451	-10,052	-10,052	168	-884	101	13,357	14,868	3,741	2,937	-9,669	-12,780	507	-340	-44,863	43,500	39,900	38,300	-800	-100	-100	33,600	-100	-300	-300	-200	-500	-200	-300	0	0	-200	0	200	-	-	-	-
Total Revenue	669,074	727,679	706,928	612,603	731,035	741,154	691,865	477,214	494,738	508,848	410,781	182,217	149,683	75,982	60,004	559,144	708,137	755,151	712,189	656,751	697,465	759,087	715,447	665,412	686,549	719,559	675,335	614,185	632,973	671,837	594,590	551,180	574,154	631,738	571,295	540,280	574,839	639,462	575,720	524,858	531,885	599,298	533,928	490,754	492,986	549,322	484,551	435,494	433,975	455,859	395,015	365,609	343,800	352,029	315,889	298,376	297,052	305,627	292,004	288,624	300,536	339,918	319,192	251,219	250,685	272,507	244,184	215,191	226,282	229,769	222,278	209,721	210,315	224,086	69,922	0	706,145	0	0	0	157,064	0	157,064	166,652	166,652	179,247	148,000	138,139	141,074	166,425	156,038	148,045	146,730	169,901	154,557	136,033	121,477	135,000	122,300	110,000	101,600	115,500	109,000	100,300	95,300	105,300	103,900	99,700	93,100	101,100	96,100	94,000	92,500	93,400	85,500	75,500	22,300	22,300	22,300	22,300

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	2,716,284
Cost of Revenue	-2,698,200
Gross Profit	18,084	18,084

Operating Income (+$)
Gross Profit	18,084
Operating Expense	-301,198
Operating Income	-283,114	-283,114

Operating Expense (+$)
Research Development	0
Selling General Administrative	890
Selling And Marketing Expenses	117,132
Operating Expense	301,198	118,022

Net Interest Income (+$)
Interest Income	57,231
Interest Expense	-90,540
Other Finance Cost	-8,833
Net Interest Income	-24,476

Pretax Income (+$)
Operating Income	-283,114
Net Interest Income	-24,476
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	-327,794	-238,434 EBIT - interestExpense = -373,654 -327,794 -169,954
Interest Expense	90,540
Earnings Before Interest and Taxes (EBIT)	-283,114	-237,254
Earnings Before Interest and Taxes (EBITDA)	-149,499

After tax Income (+$)
Income Before Tax	-327,794
Tax Provision	--67,300
Net Income From Continuing Ops	-260,494	-260,494
Net Income	-260,494
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	2,999,398
Total Other Income/Expenses Net	-44,680	24,476

Technical Analysis of Hawaiian Holdings Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Hawaiian Holdings Inc. The general trend of Hawaiian Holdings Inc is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Hawaiian Holdings Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (0.0%)		Bearish trend (0.0%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of Hawaiian Holdings Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 13.75 < 13.99 < 14.24.

The bearish price targets are: 12.64 > 11.56 > 11.14.

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Hawaiian Holdings Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Hawaiian Holdings Inc. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

MA 20 trending down: The MA 20 is trending down. -1
Close < MA 20: The price is below the MA 20. -1
MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending down: The MA 50 is trending down. -1
Close < MA 50: The price is below the MA 50. -1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close < MA 100: The price is below the MA 100. -1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

Hawaiian Holdings Inc Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Hawaiian Holdings Inc. The current macd is -0.1545057.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hawaiian Holdings Inc price going down in the near term. -2
MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Hawaiian Holdings Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Hawaiian Holdings Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

Hawaiian Holdings Inc Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of Hawaiian Holdings Inc. The current adx is 11.30.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Hawaiian Holdings Inc shares, leading to potential downward momentum in its price. -1
PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1

Hawaiian Holdings Inc Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Hawaiian Holdings Inc. The current sar is 13.49.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

Hawaiian Holdings Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Hawaiian Holdings Inc. The current rsi is 37.28. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Trending down: The RSI is trending down. -1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

Hawaiian Holdings Inc Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Hawaiian Holdings Inc. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hawaiian Holdings Inc price going down in the near term. -2
Trending down: The STOCH %K is trending down. -1

Hawaiian Holdings Inc Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Hawaiian Holdings Inc. The current cci is -173.62094122.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1

Hawaiian Holdings Inc Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Hawaiian Holdings Inc. The current cmo is -29.65445326.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1

Hawaiian Holdings Inc Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of Hawaiian Holdings Inc. The current willr is -57.07317073.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Hawaiian Holdings Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

Hawaiian Holdings Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of Hawaiian Holdings Inc.

Hawaiian Holdings Inc Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Hawaiian Holdings Inc. The current atr is 0.32219744.

Hawaiian Holdings Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Hawaiian Holdings Inc. The current obv is -117,301,202.

Hawaiian Holdings Inc Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Hawaiian Holdings Inc. The current mfi is 32.97.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

MFI < 50: -1

Hawaiian Holdings Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for Hawaiian Holdings Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-01	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-04	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2023-12-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-07	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2023-12-12	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-14	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-18	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-19	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2023-12-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-03	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-01-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-11	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-01-16	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-18	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-01-22	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-01-23	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-25	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-01-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-01-30	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-01-31	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-02	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-09	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-13	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-02-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-15	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-02-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-02-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-26	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-27	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-28	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-29	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2024-03-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-05	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-06	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-03-07	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-11	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-13	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-18	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-03-19	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-20	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-03-21	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-03-22	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2024-03-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-26	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-03-28	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-04	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-05	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-08	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2024-04-10	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-11	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-12	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
2024-04-16	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2024-04-17	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-18	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-04-19	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.

6.3. Candlestick Patterns

Hawaiian Holdings Inc Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of Hawaiian Holdings Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	37.276
Ma 20	Greater than	Ma 50	13.224
Ma 50	Greater than	Ma 100	13.633
Ma 100	Greater than	Ma 200	13.330
Open	Greater than	Close	12.870
Total			2/5 (40.0%)

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Quick analysis of Hawaiian Holdings Inc (30 sec.)

What can you expect buying and holding a share of Hawaiian Holdings Inc? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Hawaiian Holdings Inc (5 min.)

$12.95

$1.84

$-104.94 - $-59.17

$-103.10 - $-57.33

2. Growth of Hawaiian Holdings Inc (5 min.)

Is Hawaiian Holdings Inc growing?

How much money is Hawaiian Holdings Inc making?

How much money comes from the company's main activities?

3. Financial Health of Hawaiian Holdings Inc (5 min.)

4. Comparing to competitors in the Airlines industry (5 min.)

Industry Rankings (Airlines)

What can you expect buying and holding a share of Hawaiian Holdings Inc? (5 min.)

What can you expect buying and holding a share of Hawaiian Holdings Inc?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Hawaiian Holdings Inc

About Hawaiian Holdings Inc

Financial Health

Valuation

1.1. Profitability of Hawaiian Holdings Inc.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Airlines)

1.1.2. Return on Assets

Trends

Compared to industry (Airlines)

1.1.3. Return on Equity

Trends

Compared to industry (Airlines)

1.2. Operating Efficiency of Hawaiian Holdings Inc.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Airlines)

1.2.2. Operating Ratio

Trends

Compared to industry (Airlines)

1.3. Liquidity of Hawaiian Holdings Inc.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Airlines)

1.3.2. Quick Ratio

Trends

Compared to industry (Airlines)

1.4. Solvency of Hawaiian Holdings Inc.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Airlines)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Airlines)

2. Market Valuation of Hawaiian Holdings Inc

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Airlines)

Hawaiian Holdings Inc
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