Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Unaudited Condensed Consolidated Income Statements

v3.21.2
Unaudited Condensed Consolidated Income Statements - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues and other income        
Total lease revenue $ 1,002,171 $ 1,172,350 $ 2,074,153 $ 2,337,429
Net gain on sale of assets 22,453 10,002 27,248 68,368
Other income 207,444 14,927 226,017 29,659
Total Revenues and other income 1,232,068 1,197,279 2,327,418 2,435,456
Expenses        
Depreciation and amortization 392,162 411,818 788,720 827,616
Asset impairment 57,054 73,421 73,386 87,368
Interest expense 292,887 311,758 573,704 630,375
Loss on debt extinguishment 0 0 6,061 0
Leasing expenses 59,010 77,574 103,542 180,871
Selling, general and administrative expenses 73,071 52,913 130,422 117,497
Transaction-related expenses 69,197 0 94,675 0
Total Expenses 943,381 927,484 1,770,510 1,843,727
Gain (loss) on investment at fair value 0 13,942 (2,463) 13,942
Income before income taxes and income of investments accounted for under the equity method 288,687 283,737 554,445 605,671
Income tax expense (40,531) (38,305) (80,395) (81,766)
Equity in net earnings of investments accounted for under the equity method 1,703 2,173 3,855 3,504
Net income 249,859 247,605 477,905 527,409
Net income attributable to non-controlling interest (108) (1,544) (129) (4,524)
Net income attributable to AerCap Holdings N.V. $ 249,751 $ 246,061 $ 477,776 $ 522,885
Basic earnings per share (in USD per share) $ 1.95 $ 1.93 $ 3.73 $ 4.09
Diluted earnings per share (in USD per share) $ 1.92 $ 1.92 $ 3.68 $ 4.06
Weighted average shares outstanding—basic (in shares) 128,243,450 127,425,886 128,064,564 127,862,816
Weighted average shares outstanding—diluted (in shares) 129,896,210 128,131,663 129,690,334 128,938,138
Basic lease rents        
Revenues and other income        
Total lease revenue $ 871,237 $ 948,126 $ 1,760,324 $ 1,978,920
Maintenance rents and other receipts        
Revenues and other income        
Total lease revenue $ 130,934 $ 224,224 $ 313,829 $ 358,509