Sun Country Airlines Holdings, Inc. (SNCY) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19
	10-K	10-K	10-K
Total revenues	623.0	401.5	701.4
Revenue growth	55.2%	-42.8%
Cost of goods sold [+]	405.8	314.7	436.0
Labor costs	178.2	141.6	140.7
Fuel costs	129.1	83.4	165.7
Aircraft maintenance, materials and repairs	40.1	27.4	35.3
Aircraft rental	17.7	31.0	49.9
Landing fees and other rentals	40.7	31.3	44.4
Gross profit	217.2	86.8	265.4
Gross margin	34.9%	21.6%	37.8%
Selling, general and administrative [+]	22.1	16.6	35.4
Sales and marketing	22.1	16.6	35.4
Other operating expenses	98.6	69.3	109.9
EBITDA [+]	96.6	0.9	120.1
EBITDA growth	10539.1%	-99.2%
EBITDA margin	15.5%	0.2%	17.1%
Depreciation	51.0	44.1	30.9
EBITA	45.6	-43.2	89.2
EBITA margin	7.3%	-10.8%	12.7%
Amortization of intangibles	4.0	4.0	4.0
EBIT [+]	41.6	-47.2	85.2
EBIT growth	-188.1%	-155.4%
EBIT margin	6.7%	-11.8%	12.1%
Non-recurring items [+]	-65.5	-64.6	7.1
Unusual expense	-65.5	-64.6	7.1
Interest expense, net [+]	26.2	21.7	16.2
Interest expense	26.3	22.1	17.2
Interest income	0.1	0.4	0.9
Other income (expense), net	14.6	-0.4	-1.7
Pre-tax income	95.4	-4.7	60.2
Income taxes	18.0	-0.8	14.1
Tax rate	18.8%	16.6%	23.4%
Net income	77.5	-3.9	46.1
Net margin	12.4%	-1.0%	6.6%

Basic EPS [+]	$1.40	($0.08)	$0.99
Growth	-1783.1%	-108.5%
Diluted EPS [+]	$1.31	($0.08)	$0.96
Growth	-1665.7%	-108.7%


Shares outstanding (basic) [+]	55.2	46.8	46.8
Growth	17.9%	0.1%
Shares outstanding (diluted) [+]	59.3	46.8	47.9
Growth	26.7%	-2.3%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.