context stringlengths 21 33.9k | category stringclasses 2
values | entity stringlengths 1 12 | entity_type stringclasses 5
values | query stringlengths 97 3.31k | answer stringlengths 12 169 |
|---|---|---|---|---|---|
Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $ 204 million and $ 210 million at December 31, 2024 and 2023, respectively. China long-lived assets amounted to approximately $ 156 million and $ 171 million at December 31, 2024 and 2023, respectively. Mexico long-lived assets amounted to approximately $ 63 million and $ 69 million at December 31, 2024 and 2023, respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $ 6 million at December 31, 2024 and 2023. | text | 156 | monetaryItemType | text: <entity> 156 </entity> <entity type> monetaryItemType </entity type> <context> Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $ 204 million and $ 210 million at December 31, 2024 and 2023, respectively. China long-lived assets amounted to approximately $ 156 million and $ 171 million at December 31, 2024 and 2023, respectively. Mexico long-lived assets amounted to approximately $ 63 million and $ 69 million at December 31, 2024 and 2023, respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $ 6 million at December 31, 2024 and 2023. </context> | us-gaap:NoncurrentAssets |
Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $ 204 million and $ 210 million at December 31, 2024 and 2023, respectively. China long-lived assets amounted to approximately $ 156 million and $ 171 million at December 31, 2024 and 2023, respectively. Mexico long-lived assets amounted to approximately $ 63 million and $ 69 million at December 31, 2024 and 2023, respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $ 6 million at December 31, 2024 and 2023. | text | 171 | monetaryItemType | text: <entity> 171 </entity> <entity type> monetaryItemType </entity type> <context> Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $ 204 million and $ 210 million at December 31, 2024 and 2023, respectively. China long-lived assets amounted to approximately $ 156 million and $ 171 million at December 31, 2024 and 2023, respectively. Mexico long-lived assets amounted to approximately $ 63 million and $ 69 million at December 31, 2024 and 2023, respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $ 6 million at December 31, 2024 and 2023. </context> | us-gaap:NoncurrentAssets |
Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $ 204 million and $ 210 million at December 31, 2024 and 2023, respectively. China long-lived assets amounted to approximately $ 156 million and $ 171 million at December 31, 2024 and 2023, respectively. Mexico long-lived assets amounted to approximately $ 63 million and $ 69 million at December 31, 2024 and 2023, respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $ 6 million at December 31, 2024 and 2023. | text | 63 | monetaryItemType | text: <entity> 63 </entity> <entity type> monetaryItemType </entity type> <context> Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $ 204 million and $ 210 million at December 31, 2024 and 2023, respectively. China long-lived assets amounted to approximately $ 156 million and $ 171 million at December 31, 2024 and 2023, respectively. Mexico long-lived assets amounted to approximately $ 63 million and $ 69 million at December 31, 2024 and 2023, respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $ 6 million at December 31, 2024 and 2023. </context> | us-gaap:NoncurrentAssets |
Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $ 204 million and $ 210 million at December 31, 2024 and 2023, respectively. China long-lived assets amounted to approximately $ 156 million and $ 171 million at December 31, 2024 and 2023, respectively. Mexico long-lived assets amounted to approximately $ 63 million and $ 69 million at December 31, 2024 and 2023, respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $ 6 million at December 31, 2024 and 2023. | text | 69 | monetaryItemType | text: <entity> 69 </entity> <entity type> monetaryItemType </entity type> <context> Long-lived assets consist of property, plant and equipment, net. Germany long-lived assets amounted to approximately $ 204 million and $ 210 million at December 31, 2024 and 2023, respectively. China long-lived assets amounted to approximately $ 156 million and $ 171 million at December 31, 2024 and 2023, respectively. Mexico long-lived assets amounted to approximately $ 63 million and $ 69 million at December 31, 2024 and 2023, respectively. Canada long-lived assets, which are included in the North America region, amounted to approximately $ 6 million at December 31, 2024 and 2023. </context> | us-gaap:NoncurrentAssets |
· Common stock – 250,000,000 shares authorized; $ 0.0001 par value; 111,840,000 shares issued and outstanding. | text | 250000000 | sharesItemType | text: <entity> 250000000 </entity> <entity type> sharesItemType </entity type> <context> · Common stock – 250,000,000 shares authorized; $ 0.0001 par value; 111,840,000 shares issued and outstanding. </context> | us-gaap:CommonStockSharesAuthorized |
· Common stock – 250,000,000 shares authorized; $ 0.0001 par value; 111,840,000 shares issued and outstanding. | text | 0.0001 | perShareItemType | text: <entity> 0.0001 </entity> <entity type> perShareItemType </entity type> <context> · Common stock – 250,000,000 shares authorized; $ 0.0001 par value; 111,840,000 shares issued and outstanding. </context> | us-gaap:CommonStockParOrStatedValuePerShare |
· Preferred stock – 20,000,000 shares authorized; $ 0.0001 par value; no shares issued and outstanding. | text | 20000000 | sharesItemType | text: <entity> 20000000 </entity> <entity type> sharesItemType </entity type> <context> · Preferred stock – 20,000,000 shares authorized; $ 0.0001 par value; no shares issued and outstanding. </context> | us-gaap:PreferredStockSharesAuthorized |
· Preferred stock – 20,000,000 shares authorized; $ 0.0001 par value; no shares issued and outstanding. | text | 0.0001 | perShareItemType | text: <entity> 0.0001 </entity> <entity type> perShareItemType </entity type> <context> · Preferred stock – 20,000,000 shares authorized; $ 0.0001 par value; no shares issued and outstanding. </context> | us-gaap:PreferredStockParOrStatedValuePerShare |
We currently operate in one reportable segment which represents our core business of offering innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. For information regarding our one reportable segment and related entity wide disclosures, see Note 14 to the consolidated financial statements. | text | one | integerItemType | text: <entity> one </entity> <entity type> integerItemType </entity type> <context> We currently operate in one reportable segment which represents our core business of offering innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. For information regarding our one reportable segment and related entity wide disclosures, see Note 14 to the consolidated financial statements. </context> | us-gaap:NumberOfReportableSegments |
Cash equivalents consist of readily marketable securities with original maturities at the date of acquisition of three months or less. As of December 31, 2024 and 2023, we had $ 342.7 million and $ 12.8 million, respectively, in cash and cash equivalents that were not insured by the Federal Deposit Insurance Corporation (“FDIC”). | text | 342.7 | monetaryItemType | text: <entity> 342.7 </entity> <entity type> monetaryItemType </entity type> <context> Cash equivalents consist of readily marketable securities with original maturities at the date of acquisition of three months or less. As of December 31, 2024 and 2023, we had $ 342.7 million and $ 12.8 million, respectively, in cash and cash equivalents that were not insured by the Federal Deposit Insurance Corporation (“FDIC”). </context> | us-gaap:CashUninsuredAmount |
Cash equivalents consist of readily marketable securities with original maturities at the date of acquisition of three months or less. As of December 31, 2024 and 2023, we had $ 342.7 million and $ 12.8 million, respectively, in cash and cash equivalents that were not insured by the Federal Deposit Insurance Corporation (“FDIC”). | text | 12.8 | monetaryItemType | text: <entity> 12.8 </entity> <entity type> monetaryItemType </entity type> <context> Cash equivalents consist of readily marketable securities with original maturities at the date of acquisition of three months or less. As of December 31, 2024 and 2023, we had $ 342.7 million and $ 12.8 million, respectively, in cash and cash equivalents that were not insured by the Federal Deposit Insurance Corporation (“FDIC”). </context> | us-gaap:CashUninsuredAmount |
Restricted cash and cash equivalents consist of cash pledged as collateral for secured financings and cash held in a trust for future vehicle service contract claims. As of December 31, 2024 and 2023, we had $ 497.0 million and $ 453.7 million, respectively, in restricted cash and cash equivalents that were not insured by the FDIC. | text | 497.0 | monetaryItemType | text: <entity> 497.0 </entity> <entity type> monetaryItemType </entity type> <context> Restricted cash and cash equivalents consist of cash pledged as collateral for secured financings and cash held in a trust for future vehicle service contract claims. As of December 31, 2024 and 2023, we had $ 497.0 million and $ 453.7 million, respectively, in restricted cash and cash equivalents that were not insured by the FDIC. </context> | us-gaap:CashUninsuredAmount |
Restricted cash and cash equivalents consist of cash pledged as collateral for secured financings and cash held in a trust for future vehicle service contract claims. As of December 31, 2024 and 2023, we had $ 497.0 million and $ 453.7 million, respectively, in restricted cash and cash equivalents that were not insured by the FDIC. | text | 453.7 | monetaryItemType | text: <entity> 453.7 </entity> <entity type> monetaryItemType </entity type> <context> Restricted cash and cash equivalents consist of cash pledged as collateral for secured financings and cash held in a trust for future vehicle service contract claims. As of December 31, 2024 and 2023, we had $ 497.0 million and $ 453.7 million, respectively, in restricted cash and cash equivalents that were not insured by the FDIC. </context> | us-gaap:CashUninsuredAmount |
We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. </context> | us-gaap:DefinedContributionPlanEmployerMatchingContributionPercentOfMatch |
We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. | text | 4 | percentItemType | text: <entity> 4 </entity> <entity type> percentItemType </entity type> <context> We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. </context> | us-gaap:DefinedContributionPlanEmployerMatchingContributionPercent |
We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. | text | 5 | percentItemType | text: <entity> 5 </entity> <entity type> percentItemType </entity type> <context> We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. </context> | us-gaap:DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent |
We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. | text | 10.3 | monetaryItemType | text: <entity> 10.3 </entity> <entity type> monetaryItemType </entity type> <context> We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. </context> | us-gaap:DefinedContributionPlanCostRecognized |
We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. | text | 9.4 | monetaryItemType | text: <entity> 9.4 </entity> <entity type> monetaryItemType </entity type> <context> We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. </context> | us-gaap:DefinedContributionPlanCostRecognized |
We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. | text | 8.5 | monetaryItemType | text: <entity> 8.5 </entity> <entity type> monetaryItemType </entity type> <context> We sponsor a 401(k) plan that covers substantially all of our team members. We offer matching contributions to the 401(k) plan based on each enrolled team member’s eligible annual gross pay (subject to statutory limitations). Our matching contribution rate is equal to 100 % of the first 4 % participants contribute and an additional 50 % of the next 2 % participants contribute, for a maximum matching contribution of 5 % of each participant’s eligible annual gross pay. For the years ended December 31, 2024, 2023 and 2022, we recognized compensation expense of $ 10.3 million, $ 9.4 million, and $ 8.5 million, respectively, for our matching contributions to the plan. </context> | us-gaap:DefinedContributionPlanCostRecognized |
Advertising costs are expensed as incurred. Advertising expenses were $ 1.4 million for the year ended December 31, 2024, $ 0.5 million for the year ended December 31, 2023, and $ 1.0 million for the year ended December 31, 2022. | text | 1.4 | monetaryItemType | text: <entity> 1.4 </entity> <entity type> monetaryItemType </entity type> <context> Advertising costs are expensed as incurred. Advertising expenses were $ 1.4 million for the year ended December 31, 2024, $ 0.5 million for the year ended December 31, 2023, and $ 1.0 million for the year ended December 31, 2022. </context> | us-gaap:AdvertisingExpense |
Advertising costs are expensed as incurred. Advertising expenses were $ 1.4 million for the year ended December 31, 2024, $ 0.5 million for the year ended December 31, 2023, and $ 1.0 million for the year ended December 31, 2022. | text | 0.5 | monetaryItemType | text: <entity> 0.5 </entity> <entity type> monetaryItemType </entity type> <context> Advertising costs are expensed as incurred. Advertising expenses were $ 1.4 million for the year ended December 31, 2024, $ 0.5 million for the year ended December 31, 2023, and $ 1.0 million for the year ended December 31, 2022. </context> | us-gaap:AdvertisingExpense |
Advertising costs are expensed as incurred. Advertising expenses were $ 1.4 million for the year ended December 31, 2024, $ 0.5 million for the year ended December 31, 2023, and $ 1.0 million for the year ended December 31, 2022. | text | 1.0 | monetaryItemType | text: <entity> 1.0 </entity> <entity type> monetaryItemType </entity type> <context> Advertising costs are expensed as incurred. Advertising expenses were $ 1.4 million for the year ended December 31, 2024, $ 0.5 million for the year ended December 31, 2023, and $ 1.0 million for the year ended December 31, 2022. </context> | us-gaap:AdvertisingExpense |
As the vast majority of our team members now work remotely, we had significant excess space in the two office buildings that we owned in Southfield, Michigan. During the second quarter of 2024, we sold the larger building for net sales proceeds of $ 3.2 million and recognized a loss on sale of the building of $ 23.7 million. The loss on sale of the building represented the amount by which the $ 26.9 million carrying value of the building and its improvements, the related land and land improvements, and office furniture and equipment exceeded the net sales proceeds of $ 3.2 million. | text | 3.2 | monetaryItemType | text: <entity> 3.2 </entity> <entity type> monetaryItemType </entity type> <context> As the vast majority of our team members now work remotely, we had significant excess space in the two office buildings that we owned in Southfield, Michigan. During the second quarter of 2024, we sold the larger building for net sales proceeds of $ 3.2 million and recognized a loss on sale of the building of $ 23.7 million. The loss on sale of the building represented the amount by which the $ 26.9 million carrying value of the building and its improvements, the related land and land improvements, and office furniture and equipment exceeded the net sales proceeds of $ 3.2 million. </context> | us-gaap:ProceedsFromSaleOfPropertyPlantAndEquipment |
As the vast majority of our team members now work remotely, we had significant excess space in the two office buildings that we owned in Southfield, Michigan. During the second quarter of 2024, we sold the larger building for net sales proceeds of $ 3.2 million and recognized a loss on sale of the building of $ 23.7 million. The loss on sale of the building represented the amount by which the $ 26.9 million carrying value of the building and its improvements, the related land and land improvements, and office furniture and equipment exceeded the net sales proceeds of $ 3.2 million. | text | 23.7 | monetaryItemType | text: <entity> 23.7 </entity> <entity type> monetaryItemType </entity type> <context> As the vast majority of our team members now work remotely, we had significant excess space in the two office buildings that we owned in Southfield, Michigan. During the second quarter of 2024, we sold the larger building for net sales proceeds of $ 3.2 million and recognized a loss on sale of the building of $ 23.7 million. The loss on sale of the building represented the amount by which the $ 26.9 million carrying value of the building and its improvements, the related land and land improvements, and office furniture and equipment exceeded the net sales proceeds of $ 3.2 million. </context> | us-gaap:GainLossOnSaleOfPropertyPlantEquipment |
Depreciation expense on property and equipment was $ 6.7 million, $ 8.9 million, and $ 9.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 6.7 | monetaryItemType | text: <entity> 6.7 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense on property and equipment was $ 6.7 million, $ 8.9 million, and $ 9.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:Depreciation |
Depreciation expense on property and equipment was $ 6.7 million, $ 8.9 million, and $ 9.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 8.9 | monetaryItemType | text: <entity> 8.9 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense on property and equipment was $ 6.7 million, $ 8.9 million, and $ 9.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:Depreciation |
Depreciation expense on property and equipment was $ 6.7 million, $ 8.9 million, and $ 9.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. | text | 9.0 | monetaryItemType | text: <entity> 9.0 </entity> <entity type> monetaryItemType </entity type> <context> Depreciation expense on property and equipment was $ 6.7 million, $ 8.9 million, and $ 9.0 million for the years ended December 31, 2024, 2023, and 2022, respectively. </context> | us-gaap:Depreciation |
Excludes deferred debt issuance costs of $ 4.4 million and $ 4.2 million as of December 31, 2024 and December 31, 2023, respectively, which are included in other assets. | text | 4.4 | monetaryItemType | text: <entity> 4.4 </entity> <entity type> monetaryItemType </entity type> <context> Excludes deferred debt issuance costs of $ 4.4 million and $ 4.2 million as of December 31, 2024 and December 31, 2023, respectively, which are included in other assets. </context> | us-gaap:UnamortizedDebtIssuanceExpense |
Excludes deferred debt issuance costs of $ 4.4 million and $ 4.2 million as of December 31, 2024 and December 31, 2023, respectively, which are included in other assets. | text | 4.2 | monetaryItemType | text: <entity> 4.2 </entity> <entity type> monetaryItemType </entity type> <context> Excludes deferred debt issuance costs of $ 4.4 million and $ 4.2 million as of December 31, 2024 and December 31, 2023, respectively, which are included in other assets. </context> | us-gaap:UnamortizedDebtIssuanceExpense |
We have two revolving secured lines of credit: (1) a $ 390.0 million revolving secured line of credit facility, to which we refer as our revolving secured line of credit facility, with a commercial bank syndicate and (2) an uncommitted $20.0 million revolving secured line of credit facility, to which we refer as the RTP facility, with a lender for use solely in facilitating payments by the Company through the lender’s real-time payments service. | text | 390.0 | monetaryItemType | text: <entity> 390.0 </entity> <entity type> monetaryItemType </entity type> <context> We have two revolving secured lines of credit: (1) a $ 390.0 million revolving secured line of credit facility, to which we refer as our revolving secured line of credit facility, with a commercial bank syndicate and (2) an uncommitted $20.0 million revolving secured line of credit facility, to which we refer as the RTP facility, with a lender for use solely in facilitating payments by the Company through the lender’s real-time payments service. </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
We have five Warehouse facilities with total borrowing capacity of $ 1,325.0 million. Each of the facilities is with a different lender or group of lenders. Under each Warehouse facility, we can convey Loans to the applicable wholly owned subsidiary in return for cash and/or an increase in the value of our equity in such subsidiary. In turn, each such subsidiary pledges the Loans as collateral to secure financing that will fund the cash portion of the purchase price of the Loans. The financing provided to each such subsidiary under the applicable facility is generally limited to the lesser of 80 % of the outstanding balance of the conveyed Loans, as determined in accordance with the applicable agreement, plus certain restricted cash and cash equivalents pledged as collateral, or the facility limit. | text | 1325.0 | monetaryItemType | text: <entity> 1325.0 </entity> <entity type> monetaryItemType </entity type> <context> We have five Warehouse facilities with total borrowing capacity of $ 1,325.0 million. Each of the facilities is with a different lender or group of lenders. Under each Warehouse facility, we can convey Loans to the applicable wholly owned subsidiary in return for cash and/or an increase in the value of our equity in such subsidiary. In turn, each such subsidiary pledges the Loans as collateral to secure financing that will fund the cash portion of the purchase price of the Loans. The financing provided to each such subsidiary under the applicable facility is generally limited to the lesser of 80 % of the outstanding balance of the conveyed Loans, as determined in accordance with the applicable agreement, plus certain restricted cash and cash equivalents pledged as collateral, or the facility limit. </context> | us-gaap:DebtInstrumentFaceAmount |
On March 7, 2019, we issued $ 400.0 million aggregate principal amount of 6.625 % senior notes due 2026 (the “2026 senior notes”). The 2026 senior notes were issued pursuant to an indenture, dated as of March 7, 2019, among the Company, as issuer, the Guarantors and the trustee under the indenture. | text | 400.0 | monetaryItemType | text: <entity> 400.0 </entity> <entity type> monetaryItemType </entity type> <context> On March 7, 2019, we issued $ 400.0 million aggregate principal amount of 6.625 % senior notes due 2026 (the “2026 senior notes”). The 2026 senior notes were issued pursuant to an indenture, dated as of March 7, 2019, among the Company, as issuer, the Guarantors and the trustee under the indenture. </context> | us-gaap:SeniorLongTermNotes |
On March 7, 2019, we issued $ 400.0 million aggregate principal amount of 6.625 % senior notes due 2026 (the “2026 senior notes”). The 2026 senior notes were issued pursuant to an indenture, dated as of March 7, 2019, among the Company, as issuer, the Guarantors and the trustee under the indenture. | text | 6.625 | percentItemType | text: <entity> 6.625 </entity> <entity type> percentItemType </entity type> <context> On March 7, 2019, we issued $ 400.0 million aggregate principal amount of 6.625 % senior notes due 2026 (the “2026 senior notes”). The 2026 senior notes were issued pursuant to an indenture, dated as of March 7, 2019, among the Company, as issuer, the Guarantors and the trustee under the indenture. </context> | us-gaap:DebtInstrumentInterestRateEffectivePercentage |
The 2026 senior notes mature on March 15, 2026 and bear interest at a rate of 6.625 % per annum, computed on the basis of a 360-day year composed of twelve 30-day months and payable semi-annually on March 15 and September 15 of each year, beginning on September 15, 2019. We used the net proceeds from the offering of the 2026 senior notes for general corporate purposes, including repayment of outstanding borrowings under our revolving secured line of credit facility. | text | 6.625 | percentItemType | text: <entity> 6.625 </entity> <entity type> percentItemType </entity type> <context> The 2026 senior notes mature on March 15, 2026 and bear interest at a rate of 6.625 % per annum, computed on the basis of a 360-day year composed of twelve 30-day months and payable semi-annually on March 15 and September 15 of each year, beginning on September 15, 2019. We used the net proceeds from the offering of the 2026 senior notes for general corporate purposes, including repayment of outstanding borrowings under our revolving secured line of credit facility. </context> | us-gaap:DebtInstrumentInterestRateEffectivePercentage |
The total amount of gross unrecognized tax benefits that, if recognized, would favorably affect our effective income tax rate in future periods was $ 73.0 million as of December 31, 2024. As of December 31, 2024, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits in the next twelve months. Accrued interest related to uncertain tax positions was $ 17.9 million and $ 15.1 million as of December 31, 2024 and 2023, respectively. | text | 73.0 | monetaryItemType | text: <entity> 73.0 </entity> <entity type> monetaryItemType </entity type> <context> The total amount of gross unrecognized tax benefits that, if recognized, would favorably affect our effective income tax rate in future periods was $ 73.0 million as of December 31, 2024. As of December 31, 2024, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits in the next twelve months. Accrued interest related to uncertain tax positions was $ 17.9 million and $ 15.1 million as of December 31, 2024 and 2023, respectively. </context> | us-gaap:UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate |
The total amount of gross unrecognized tax benefits that, if recognized, would favorably affect our effective income tax rate in future periods was $ 73.0 million as of December 31, 2024. As of December 31, 2024, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits in the next twelve months. Accrued interest related to uncertain tax positions was $ 17.9 million and $ 15.1 million as of December 31, 2024 and 2023, respectively. | text | 17.9 | monetaryItemType | text: <entity> 17.9 </entity> <entity type> monetaryItemType </entity type> <context> The total amount of gross unrecognized tax benefits that, if recognized, would favorably affect our effective income tax rate in future periods was $ 73.0 million as of December 31, 2024. As of December 31, 2024, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits in the next twelve months. Accrued interest related to uncertain tax positions was $ 17.9 million and $ 15.1 million as of December 31, 2024 and 2023, respectively. </context> | us-gaap:UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued |
The total amount of gross unrecognized tax benefits that, if recognized, would favorably affect our effective income tax rate in future periods was $ 73.0 million as of December 31, 2024. As of December 31, 2024, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits in the next twelve months. Accrued interest related to uncertain tax positions was $ 17.9 million and $ 15.1 million as of December 31, 2024 and 2023, respectively. | text | 15.1 | monetaryItemType | text: <entity> 15.1 </entity> <entity type> monetaryItemType </entity type> <context> The total amount of gross unrecognized tax benefits that, if recognized, would favorably affect our effective income tax rate in future periods was $ 73.0 million as of December 31, 2024. As of December 31, 2024, it is not possible to reasonably estimate the expected change to the total amount of unrecognized tax benefits in the next twelve months. Accrued interest related to uncertain tax positions was $ 17.9 million and $ 15.1 million as of December 31, 2024 and 2023, respectively. </context> | us-gaap:UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued |
Pursuant to our Amended and Restated Incentive Compensation Plan (the “Incentive Plan”), at any time prior to April 12, 2031, we can grant stock-based awards in the form of restricted stock, restricted stock units, and stock options to team members, officers, directors, and contractors. On April 10, 2024, our board of directors approved an amendment to the Incentive Plan, subject to shareholder approval, increasing the number of shares authorized for issuance by 250,000 shares, to 3,250,000 shares. Shareholder approval was received at our annual meeting of shareholders on June 5, 2024. The shares available for future grants under the Incentive Plan totaled 310,552 as of December 31, 2024. | text | 250000 | sharesItemType | text: <entity> 250000 </entity> <entity type> sharesItemType </entity type> <context> Pursuant to our Amended and Restated Incentive Compensation Plan (the “Incentive Plan”), at any time prior to April 12, 2031, we can grant stock-based awards in the form of restricted stock, restricted stock units, and stock options to team members, officers, directors, and contractors. On April 10, 2024, our board of directors approved an amendment to the Incentive Plan, subject to shareholder approval, increasing the number of shares authorized for issuance by 250,000 shares, to 3,250,000 shares. Shareholder approval was received at our annual meeting of shareholders on June 5, 2024. The shares available for future grants under the Incentive Plan totaled 310,552 as of December 31, 2024. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized |
Pursuant to our Amended and Restated Incentive Compensation Plan (the “Incentive Plan”), at any time prior to April 12, 2031, we can grant stock-based awards in the form of restricted stock, restricted stock units, and stock options to team members, officers, directors, and contractors. On April 10, 2024, our board of directors approved an amendment to the Incentive Plan, subject to shareholder approval, increasing the number of shares authorized for issuance by 250,000 shares, to 3,250,000 shares. Shareholder approval was received at our annual meeting of shareholders on June 5, 2024. The shares available for future grants under the Incentive Plan totaled 310,552 as of December 31, 2024. | text | 3250000 | sharesItemType | text: <entity> 3250000 </entity> <entity type> sharesItemType </entity type> <context> Pursuant to our Amended and Restated Incentive Compensation Plan (the “Incentive Plan”), at any time prior to April 12, 2031, we can grant stock-based awards in the form of restricted stock, restricted stock units, and stock options to team members, officers, directors, and contractors. On April 10, 2024, our board of directors approved an amendment to the Incentive Plan, subject to shareholder approval, increasing the number of shares authorized for issuance by 250,000 shares, to 3,250,000 shares. Shareholder approval was received at our annual meeting of shareholders on June 5, 2024. The shares available for future grants under the Incentive Plan totaled 310,552 as of December 31, 2024. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized |
Pursuant to our Amended and Restated Incentive Compensation Plan (the “Incentive Plan”), at any time prior to April 12, 2031, we can grant stock-based awards in the form of restricted stock, restricted stock units, and stock options to team members, officers, directors, and contractors. On April 10, 2024, our board of directors approved an amendment to the Incentive Plan, subject to shareholder approval, increasing the number of shares authorized for issuance by 250,000 shares, to 3,250,000 shares. Shareholder approval was received at our annual meeting of shareholders on June 5, 2024. The shares available for future grants under the Incentive Plan totaled 310,552 as of December 31, 2024. | text | 310552 | sharesItemType | text: <entity> 310552 </entity> <entity type> sharesItemType </entity type> <context> Pursuant to our Amended and Restated Incentive Compensation Plan (the “Incentive Plan”), at any time prior to April 12, 2031, we can grant stock-based awards in the form of restricted stock, restricted stock units, and stock options to team members, officers, directors, and contractors. On April 10, 2024, our board of directors approved an amendment to the Incentive Plan, subject to shareholder approval, increasing the number of shares authorized for issuance by 250,000 shares, to 3,250,000 shares. Shareholder approval was received at our annual meeting of shareholders on June 5, 2024. The shares available for future grants under the Incentive Plan totaled 310,552 as of December 31, 2024. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant |
The grant-date weighted average fair value of RSUs granted in 2024, 2023, and 2022 was $ 484.58 , $ 454.04 , and $ 488.27 , respectively. The total intrinsic value of RSUs settled in common stock during 2024, 2023, and 2022 was $ 32.2 million, $ 84.8 million, and $ 27.5 million, respectively. | text | 484.58 | perShareItemType | text: <entity> 484.58 </entity> <entity type> perShareItemType </entity type> <context> The grant-date weighted average fair value of RSUs granted in 2024, 2023, and 2022 was $ 484.58 , $ 454.04 , and $ 488.27 , respectively. The total intrinsic value of RSUs settled in common stock during 2024, 2023, and 2022 was $ 32.2 million, $ 84.8 million, and $ 27.5 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The grant-date weighted average fair value of RSUs granted in 2024, 2023, and 2022 was $ 484.58 , $ 454.04 , and $ 488.27 , respectively. The total intrinsic value of RSUs settled in common stock during 2024, 2023, and 2022 was $ 32.2 million, $ 84.8 million, and $ 27.5 million, respectively. | text | 454.04 | perShareItemType | text: <entity> 454.04 </entity> <entity type> perShareItemType </entity type> <context> The grant-date weighted average fair value of RSUs granted in 2024, 2023, and 2022 was $ 484.58 , $ 454.04 , and $ 488.27 , respectively. The total intrinsic value of RSUs settled in common stock during 2024, 2023, and 2022 was $ 32.2 million, $ 84.8 million, and $ 27.5 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The grant-date weighted average fair value of RSUs granted in 2024, 2023, and 2022 was $ 484.58 , $ 454.04 , and $ 488.27 , respectively. The total intrinsic value of RSUs settled in common stock during 2024, 2023, and 2022 was $ 32.2 million, $ 84.8 million, and $ 27.5 million, respectively. | text | 488.27 | perShareItemType | text: <entity> 488.27 </entity> <entity type> perShareItemType </entity type> <context> The grant-date weighted average fair value of RSUs granted in 2024, 2023, and 2022 was $ 484.58 , $ 454.04 , and $ 488.27 , respectively. The total intrinsic value of RSUs settled in common stock during 2024, 2023, and 2022 was $ 32.2 million, $ 84.8 million, and $ 27.5 million, respectively. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue |
The total intrinsic value of stock options exercised during 2024 was $ 10.0 million. Net cash proceeds from the exercise of stock options in 2024 was $ 15.6 million. | text | 10.0 | monetaryItemType | text: <entity> 10.0 </entity> <entity type> monetaryItemType </entity type> <context> The total intrinsic value of stock options exercised during 2024 was $ 10.0 million. Net cash proceeds from the exercise of stock options in 2024 was $ 15.6 million. </context> | us-gaap:ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue |
The total intrinsic value of stock options exercised during 2024 was $ 10.0 million. Net cash proceeds from the exercise of stock options in 2024 was $ 15.6 million. | text | 15.6 | monetaryItemType | text: <entity> 15.6 </entity> <entity type> monetaryItemType </entity type> <context> The total intrinsic value of stock options exercised during 2024 was $ 10.0 million. Net cash proceeds from the exercise of stock options in 2024 was $ 15.6 million. </context> | us-gaap:ProceedsFromStockOptionsExercised |
We identify operating segments as components of our business for which separate financial information is regularly evaluated by our Chief Executive Officer, who acts as the chief operating decision-maker (“CODM”), in assessing performance and making decisions regarding resource allocation. We periodically review and redefine our segment reporting as internal management reporting practices evolve and the components of our business change. Currently, the CODM reviews consolidated financial statements and metrics to assess performance and allocate resources. Thus, we have determined that we operate in one reportable operating segment that represents our core business of offering Dealers innovative financing solutions and related products and services that enable them to sell vehicles to consumers, regardless of their credit history. | text | one | integerItemType | text: <entity> one </entity> <entity type> integerItemType </entity type> <context> We identify operating segments as components of our business for which separate financial information is regularly evaluated by our Chief Executive Officer, who acts as the chief operating decision-maker (“CODM”), in assessing performance and making decisions regarding resource allocation. We periodically review and redefine our segment reporting as internal management reporting practices evolve and the components of our business change. Currently, the CODM reviews consolidated financial statements and metrics to assess performance and allocate resources. Thus, we have determined that we operate in one reportable operating segment that represents our core business of offering Dealers innovative financing solutions and related products and services that enable them to sell vehicles to consumers, regardless of their credit history. </context> | us-gaap:NumberOfOperatingSegments |
The consolidated financial statements reflect the financial results of our one reportable operating segment. The accounting policies of this segment are the same as those described in the summary of significant accounting policies in Note 2. The CODM assesses performance for our one reportable operating segment and decides how to allocate resources based on net income, as reported on our consolidated statements of income, and total assets, as reported on our consolidated balance sheets. | text | one | integerItemType | text: <entity> one </entity> <entity type> integerItemType </entity type> <context> The consolidated financial statements reflect the financial results of our one reportable operating segment. The accounting policies of this segment are the same as those described in the summary of significant accounting policies in Note 2. The CODM assesses performance for our one reportable operating segment and decides how to allocate resources based on net income, as reported on our consolidated statements of income, and total assets, as reported on our consolidated balance sheets. </context> | us-gaap:NumberOfOperatingSegments |
On October 2, 2020, a shareholder filed a putative class action complaint against the Company, its Chief Executive Officer (now former Chief Executive Officer), and its Chief Financial Officer (now Chief Executive Officer) in the United States District Court for the Eastern District of Michigan, Southern Division, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, promulgated thereunder, based on alleged false and/or misleading statements or omissions regarding the Company and its business, and seeking class certification, unspecified damages plus interest and attorney and expert witness fees, and other costs on behalf of a purported class consisting of all persons and entities (subject to specified exceptions) that purchased or otherwise acquired Credit Acceptance common stock from November 1, 2019 through August 28, 2020. In 2022, the Company reached an agreement to make an aggregate cash payment of $ 12.0 million, all of which was recognized during the second quarter of 2022, to settle claims brought on behalf of all persons and entities that purchased or otherwise acquired Credit Acceptance common stock from May 4, 2018 through August 28, 2020, and provided for a full release of all claims against all defendants, including the Company and its officers. On December 16, 2022, the court entered a final order and judgment consistent with the settlement agreement, including dismissal with prejudice of all claims asserted against the Company and its officers. | text | 12.0 | monetaryItemType | text: <entity> 12.0 </entity> <entity type> monetaryItemType </entity type> <context> On October 2, 2020, a shareholder filed a putative class action complaint against the Company, its Chief Executive Officer (now former Chief Executive Officer), and its Chief Financial Officer (now Chief Executive Officer) in the United States District Court for the Eastern District of Michigan, Southern Division, alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, promulgated thereunder, based on alleged false and/or misleading statements or omissions regarding the Company and its business, and seeking class certification, unspecified damages plus interest and attorney and expert witness fees, and other costs on behalf of a purported class consisting of all persons and entities (subject to specified exceptions) that purchased or otherwise acquired Credit Acceptance common stock from November 1, 2019 through August 28, 2020. In 2022, the Company reached an agreement to make an aggregate cash payment of $ 12.0 million, all of which was recognized during the second quarter of 2022, to settle claims brought on behalf of all persons and entities that purchased or otherwise acquired Credit Acceptance common stock from May 4, 2018 through August 28, 2020, and provided for a full release of all claims against all defendants, including the Company and its officers. On December 16, 2022, the court entered a final order and judgment consistent with the settlement agreement, including dismissal with prejudice of all claims asserted against the Company and its officers. </context> | us-gaap:LossContingencyAccrualProvision |
We lease office equipment and, until December 31, 2022, we also leased office space. We expect that, in the normal course of business, leases will be renewed or replaced by other leases. Total rental expense on all operating leases was $ 2.0 million for 2024, $ 1.2 million for 2023, and $ 1.3 million for 2022. Contingent rentals under the operating leases were insignificant. Our total minimum future lease commitments under operating leases as of December 31, 2024 are as follows: | text | 2.0 | monetaryItemType | text: <entity> 2.0 </entity> <entity type> monetaryItemType </entity type> <context> We lease office equipment and, until December 31, 2022, we also leased office space. We expect that, in the normal course of business, leases will be renewed or replaced by other leases. Total rental expense on all operating leases was $ 2.0 million for 2024, $ 1.2 million for 2023, and $ 1.3 million for 2022. Contingent rentals under the operating leases were insignificant. Our total minimum future lease commitments under operating leases as of December 31, 2024 are as follows: </context> | us-gaap:OperatingLeaseExpense |
We lease office equipment and, until December 31, 2022, we also leased office space. We expect that, in the normal course of business, leases will be renewed or replaced by other leases. Total rental expense on all operating leases was $ 2.0 million for 2024, $ 1.2 million for 2023, and $ 1.3 million for 2022. Contingent rentals under the operating leases were insignificant. Our total minimum future lease commitments under operating leases as of December 31, 2024 are as follows: | text | 1.2 | monetaryItemType | text: <entity> 1.2 </entity> <entity type> monetaryItemType </entity type> <context> We lease office equipment and, until December 31, 2022, we also leased office space. We expect that, in the normal course of business, leases will be renewed or replaced by other leases. Total rental expense on all operating leases was $ 2.0 million for 2024, $ 1.2 million for 2023, and $ 1.3 million for 2022. Contingent rentals under the operating leases were insignificant. Our total minimum future lease commitments under operating leases as of December 31, 2024 are as follows: </context> | us-gaap:OperatingLeaseExpense |
We lease office equipment and, until December 31, 2022, we also leased office space. We expect that, in the normal course of business, leases will be renewed or replaced by other leases. Total rental expense on all operating leases was $ 2.0 million for 2024, $ 1.2 million for 2023, and $ 1.3 million for 2022. Contingent rentals under the operating leases were insignificant. Our total minimum future lease commitments under operating leases as of December 31, 2024 are as follows: | text | 1.3 | monetaryItemType | text: <entity> 1.3 </entity> <entity type> monetaryItemType </entity type> <context> We lease office equipment and, until December 31, 2022, we also leased office space. We expect that, in the normal course of business, leases will be renewed or replaced by other leases. Total rental expense on all operating leases was $ 2.0 million for 2024, $ 1.2 million for 2023, and $ 1.3 million for 2022. Contingent rentals under the operating leases were insignificant. Our total minimum future lease commitments under operating leases as of December 31, 2024 are as follows: </context> | us-gaap:OperatingLeaseExpense |
program and letters of credit. The letters of credit relate to a certain number of leases, which will expire at the end of the related lease terms as well as a $ 65 million letter of credit relating to our 5 % ownership in JFK Millennium Partners ("JMP"), a private | text | 65 | monetaryItemType | text: <entity> 65 </entity> <entity type> monetaryItemType </entity type> <context> program and letters of credit. The letters of credit relate to a certain number of leases, which will expire at the end of the related lease terms as well as a $ 65 million letter of credit relating to our 5 % ownership in JFK Millennium Partners ("JMP"), a private </context> | us-gaap:RestrictedCash |
program and letters of credit. The letters of credit relate to a certain number of leases, which will expire at the end of the related lease terms as well as a $ 65 million letter of credit relating to our 5 % ownership in JFK Millennium Partners ("JMP"), a private | text | 5 | percentItemType | text: <entity> 5 </entity> <entity type> percentItemType </entity type> <context> program and letters of credit. The letters of credit relate to a certain number of leases, which will expire at the end of the related lease terms as well as a $ 65 million letter of credit relating to our 5 % ownership in JFK Millennium Partners ("JMP"), a private </context> | us-gaap:MinorityInterestOwnershipPercentageByNoncontrollingOwners |
We have an approximate 10 % ownership interest in the TWA Flight Center Hotel at JFK, and it is accounted for under the measurement alternative in other assets section of the consolidated balance sheets. | text | 10 | percentItemType | text: <entity> 10 </entity> <entity type> percentItemType </entity type> <context> We have an approximate 10 % ownership interest in the TWA Flight Center Hotel at JFK, and it is accounted for under the measurement alternative in other assets section of the consolidated balance sheets. </context> | us-gaap:MinorityInterestOwnershipPercentageByNoncontrollingOwners |
The estimated remaining useful life of our Embraer E190 fleet is less than 1 year with an average residual value of 12 %. In addition, the Company is pursuing capital-light growth and as a result certain Airbus A320 airframes were extended to an estimated useful life of between 33 to 35 years with an average residual value of $ 1.5 million. | text | 12 | percentItemType | text: <entity> 12 </entity> <entity type> percentItemType </entity type> <context> The estimated remaining useful life of our Embraer E190 fleet is less than 1 year with an average residual value of 12 %. In addition, the Company is pursuing capital-light growth and as a result certain Airbus A320 airframes were extended to an estimated useful life of between 33 to 35 years with an average residual value of $ 1.5 million. </context> | us-gaap:PropertyPlantAndEquipmentSalvageValuePercentage |
The estimated remaining useful life of our Embraer E190 fleet is less than 1 year with an average residual value of 12 %. In addition, the Company is pursuing capital-light growth and as a result certain Airbus A320 airframes were extended to an estimated useful life of between 33 to 35 years with an average residual value of $ 1.5 million. | text | 1.5 | monetaryItemType | text: <entity> 1.5 </entity> <entity type> monetaryItemType </entity type> <context> The estimated remaining useful life of our Embraer E190 fleet is less than 1 year with an average residual value of 12 %. In addition, the Company is pursuing capital-light growth and as a result certain Airbus A320 airframes were extended to an estimated useful life of between 33 to 35 years with an average residual value of $ 1.5 million. </context> | us-gaap:PropertyPlantAndEquipmentSalvageValue |
$ 52 million in impairment losses relating to our Embraer E190 fleet transition. These losses were attributed to aircraft and related spare parts including the ones under operating leases. Refer to Note 17 for additional information. | text | 52 | monetaryItemType | text: <entity> 52 </entity> <entity type> monetaryItemType </entity type> <context> $ 52 million in impairment losses relating to our Embraer E190 fleet transition. These losses were attributed to aircraft and related spare parts including the ones under operating leases. Refer to Note 17 for additional information. </context> | us-gaap:TangibleAssetImpairmentCharges |
For property and equipment classified as held for sale, we discontinue depreciation and record impairment losses if the fair value is lower than the carrying amount of those assets. As of December 31, 2024, we had $ 33 million classified as held for sale within prepaid expenses and other in current assets on the consolidated balance sheets. These assets are primarily Embraer E190 aircraft and Airbus A320 spare engines permanently parked and expected to sell within the next 12 months. | text | 33 | monetaryItemType | text: <entity> 33 </entity> <entity type> monetaryItemType </entity type> <context> For property and equipment classified as held for sale, we discontinue depreciation and record impairment losses if the fair value is lower than the carrying amount of those assets. As of December 31, 2024, we had $ 33 million classified as held for sale within prepaid expenses and other in current assets on the consolidated balance sheets. These assets are primarily Embraer E190 aircraft and Airbus A320 spare engines permanently parked and expected to sell within the next 12 months. </context> | us-gaap:AssetsHeldForSaleNotPartOfDisposalGroup |
and $ 157 million as of December 31, 2024 and 2023, respectively. Amortization expense related to computer software was | text | 157 | monetaryItemType | text: <entity> 157 </entity> <entity type> monetaryItemType </entity type> <context> and $ 157 million as of December 31, 2024 and 2023, respectively. Amortization expense related to computer software was </context> | us-gaap:CapitalizedComputerSoftwareNet |
$ 72 million, $ 62 million, | text | 72 | monetaryItemType | text: <entity> 72 </entity> <entity type> monetaryItemType </entity type> <context> $ 72 million, $ 62 million, </context> | us-gaap:AmortizationOfIntangibleAssets |
$ 72 million, $ 62 million, | text | 62 | monetaryItemType | text: <entity> 62 </entity> <entity type> monetaryItemType </entity type> <context> $ 72 million, $ 62 million, </context> | us-gaap:AmortizationOfIntangibleAssets |
Advertising costs, which are included in sales and marketing, are expensed as incurred. Advertising expense was $ 79 million i | text | 79 | monetaryItemType | text: <entity> 79 </entity> <entity type> monetaryItemType </entity type> <context> Advertising costs, which are included in sales and marketing, are expensed as incurred. Advertising expense was $ 79 million i </context> | us-gaap:AdvertisingExpense |
n 2024, $ 66 million in 2023, and $ 59 million in 2022. | text | 66 | monetaryItemType | text: <entity> 66 </entity> <entity type> monetaryItemType </entity type> <context> n 2024, $ 66 million in 2023, and $ 59 million in 2022. </context> | us-gaap:AdvertisingExpense |
n 2024, $ 66 million in 2023, and $ 59 million in 2022. | text | 59 | monetaryItemType | text: <entity> 59 </entity> <entity type> monetaryItemType </entity type> <context> n 2024, $ 66 million in 2023, and $ 59 million in 2022. </context> | us-gaap:AdvertisingExpense |
and $ 1.2 billion, respectively, which was included in passenger travel liability at the beginning of the respective periods. | text | 1.2 | monetaryItemType | text: <entity> 1.2 </entity> <entity type> monetaryItemType </entity type> <context> and $ 1.2 billion, respectively, which was included in passenger travel liability at the beginning of the respective periods. </context> | us-gaap:ContractWithCustomerLiabilityRevenueRecognized |
In November 2005, the Greater Orlando Aviation Authority ("GOAA") issued special purpose airport facilities revenue bonds to JetBlue as reimbursement for certain airport facility construction and other costs. In April 2013, GOAA issued $ 42 million in special purpose airport facility revenue bonds to refund the bonds issued in 2005. The proceeds from the refunded bonds were loaned to us and we recorded the issuance of $ 43 million, net of $ 1 million premium, as long-term debt on our consolidated balance sheets. | text | 42 | monetaryItemType | text: <entity> 42 </entity> <entity type> monetaryItemType </entity type> <context> In November 2005, the Greater Orlando Aviation Authority ("GOAA") issued special purpose airport facilities revenue bonds to JetBlue as reimbursement for certain airport facility construction and other costs. In April 2013, GOAA issued $ 42 million in special purpose airport facility revenue bonds to refund the bonds issued in 2005. The proceeds from the refunded bonds were loaned to us and we recorded the issuance of $ 43 million, net of $ 1 million premium, as long-term debt on our consolidated balance sheets. </context> | us-gaap:DebtInstrumentFaceAmount |
In November 2005, the Greater Orlando Aviation Authority ("GOAA") issued special purpose airport facilities revenue bonds to JetBlue as reimbursement for certain airport facility construction and other costs. In April 2013, GOAA issued $ 42 million in special purpose airport facility revenue bonds to refund the bonds issued in 2005. The proceeds from the refunded bonds were loaned to us and we recorded the issuance of $ 43 million, net of $ 1 million premium, as long-term debt on our consolidated balance sheets. | text | 1 | monetaryItemType | text: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> In November 2005, the Greater Orlando Aviation Authority ("GOAA") issued special purpose airport facilities revenue bonds to JetBlue as reimbursement for certain airport facility construction and other costs. In April 2013, GOAA issued $ 42 million in special purpose airport facility revenue bonds to refund the bonds issued in 2005. The proceeds from the refunded bonds were loaned to us and we recorded the issuance of $ 43 million, net of $ 1 million premium, as long-term debt on our consolidated balance sheets. </context> | us-gaap:DebtInstrumentUnamortizedPremium |
In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. | text | 772 | monetaryItemType | text: <entity> 772 </entity> <entity type> monetaryItemType </entity type> <context> In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentFaceAmount |
In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. | text | 2.75 | percentItemType | text: <entity> 2.75 </entity> <entity type> percentItemType </entity type> <context> In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. | text | 589 | monetaryItemType | text: <entity> 589 </entity> <entity type> monetaryItemType </entity type> <context> In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentFaceAmount |
In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. | text | 2.95 | percentItemType | text: <entity> 2.95 </entity> <entity type> percentItemType </entity type> <context> In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. | text | 183 | monetaryItemType | text: <entity> 183 </entity> <entity type> monetaryItemType </entity type> <context> In November 2019, we completed a public placement of equipment notes in an aggregate principal amount of $ 772 million secured by 25 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series AA, bearing interest at the rate of 2.75 % per annum in the aggregate principal amount equal to $ 589 million, and (ii) Series A, bearing interest at the rate of 2.95 % per annum in the aggregate principal amount equal to $ 183 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentFaceAmount |
In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 115 million bearing interest at a rate of 8.00 % per annum. These equipment notes are secured by the 25 Airbus A321 aircraft included in the collateral pool of our 2019-1 Series AA and Series A offerings completed in November 2019. Principal and interest are payable semi-annually. | text | 115 | monetaryItemType | text: <entity> 115 </entity> <entity type> monetaryItemType </entity type> <context> In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 115 million bearing interest at a rate of 8.00 % per annum. These equipment notes are secured by the 25 Airbus A321 aircraft included in the collateral pool of our 2019-1 Series AA and Series A offerings completed in November 2019. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentFaceAmount |
In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 115 million bearing interest at a rate of 8.00 % per annum. These equipment notes are secured by the 25 Airbus A321 aircraft included in the collateral pool of our 2019-1 Series AA and Series A offerings completed in November 2019. Principal and interest are payable semi-annually. | text | 8.00 | percentItemType | text: <entity> 8.00 </entity> <entity type> percentItemType </entity type> <context> In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 115 million bearing interest at a rate of 8.00 % per annum. These equipment notes are secured by the 25 Airbus A321 aircraft included in the collateral pool of our 2019-1 Series AA and Series A offerings completed in November 2019. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. | text | 808 | monetaryItemType | text: <entity> 808 </entity> <entity type> monetaryItemType </entity type> <context> In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentFaceAmount |
In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. | text | 4.00 | percentItemType | text: <entity> 4.00 </entity> <entity type> percentItemType </entity type> <context> In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. | text | 636 | monetaryItemType | text: <entity> 636 </entity> <entity type> monetaryItemType </entity type> <context> In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentFaceAmount |
In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. | text | 7.75 | percentItemType | text: <entity> 7.75 </entity> <entity type> percentItemType </entity type> <context> In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. | text | 172 | monetaryItemType | text: <entity> 172 </entity> <entity type> monetaryItemType </entity type> <context> In August 2020, we completed a public placement of equipment notes in an aggregate principal amount of $ 808 million secured by 24 Airbus A321 aircraft. The equipment notes were issued in two series: (i) Series A, bearing interest at the rate of 4.00 % per annum in the aggregate principal amount equal to $ 636 million, and (ii) Series B, bearing interest at the rate of 7.75 % per annum in the aggregate principal amount equal to $ 172 million. Principal and interest are payable semi-annually. </context> | us-gaap:DebtInstrumentFaceAmount |
In 2018 and 2019, we issued fixed rate equipment notes of $ 567 million and $ 219 million, respectively. In 2022, we prepaid approximately $ 11 million of debt on fixed rate equipment notes. These notes mature on an aircraft-by-aircraft basis from September 2022 through December 2028 and as of December 31, 2024 are secured by 23 Airbus aircraft. | text | 567 | monetaryItemType | text: <entity> 567 </entity> <entity type> monetaryItemType </entity type> <context> In 2018 and 2019, we issued fixed rate equipment notes of $ 567 million and $ 219 million, respectively. In 2022, we prepaid approximately $ 11 million of debt on fixed rate equipment notes. These notes mature on an aircraft-by-aircraft basis from September 2022 through December 2028 and as of December 31, 2024 are secured by 23 Airbus aircraft. </context> | us-gaap:DebtInstrumentFaceAmount |
In 2018 and 2019, we issued fixed rate equipment notes of $ 567 million and $ 219 million, respectively. In 2022, we prepaid approximately $ 11 million of debt on fixed rate equipment notes. These notes mature on an aircraft-by-aircraft basis from September 2022 through December 2028 and as of December 31, 2024 are secured by 23 Airbus aircraft. | text | 219 | monetaryItemType | text: <entity> 219 </entity> <entity type> monetaryItemType </entity type> <context> In 2018 and 2019, we issued fixed rate equipment notes of $ 567 million and $ 219 million, respectively. In 2022, we prepaid approximately $ 11 million of debt on fixed rate equipment notes. These notes mature on an aircraft-by-aircraft basis from September 2022 through December 2028 and as of December 31, 2024 are secured by 23 Airbus aircraft. </context> | us-gaap:DebtInstrumentFaceAmount |
In 2018 and 2019, we issued fixed rate equipment notes of $ 567 million and $ 219 million, respectively. In 2022, we prepaid approximately $ 11 million of debt on fixed rate equipment notes. These notes mature on an aircraft-by-aircraft basis from September 2022 through December 2028 and as of December 31, 2024 are secured by 23 Airbus aircraft. | text | 11 | monetaryItemType | text: <entity> 11 </entity> <entity type> monetaryItemType </entity type> <context> In 2018 and 2019, we issued fixed rate equipment notes of $ 567 million and $ 219 million, respectively. In 2022, we prepaid approximately $ 11 million of debt on fixed rate equipment notes. These notes mature on an aircraft-by-aircraft basis from September 2022 through December 2028 and as of December 31, 2024 are secured by 23 Airbus aircraft. </context> | us-gaap:DebtInstrumentFaceAmount |
In 2024, we issued $ 662 million in floating rate equipment notes. Debt incurred matures on an aircraft-by-aircraft basis from December 2027 through November 2036, with principal and interest payable quarterly in arrears. | text | 662 | monetaryItemType | text: <entity> 662 </entity> <entity type> monetaryItemType </entity type> <context> In 2024, we issued $ 662 million in floating rate equipment notes. Debt incurred matures on an aircraft-by-aircraft basis from December 2027 through November 2036, with principal and interest payable quarterly in arrears. </context> | us-gaap:DebtInstrumentFaceAmount |
Issuers") co-issued $ 2.0 billion aggregate principal amount of senior secured notes due 2031 (the "TrueBlue | text | 2.0 | monetaryItemType | text: <entity> 2.0 </entity> <entity type> monetaryItemType </entity type> <context> Issuers") co-issued $ 2.0 billion aggregate principal amount of senior secured notes due 2031 (the "TrueBlue </context> | us-gaap:DebtInstrumentFaceAmount |
Notes bear interest at a rate of 9.875 % per annum, in each case payable quarterly in arrears beginning in December 2024. The TrueBlue | text | 9.875 | percentItemType | text: <entity> 9.875 </entity> <entity type> percentItemType </entity type> <context> Notes bear interest at a rate of 9.875 % per annum, in each case payable quarterly in arrears beginning in December 2024. The TrueBlue </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
Notes, in whole or in part, at a price equal to 100 % of the principal amount thereof, plus an applicable "make-whole" premium. On or after August 27, 2027, the TrueBlue | text | 100 | percentItemType | text: <entity> 100 </entity> <entity type> percentItemType </entity type> <context> Notes, in whole or in part, at a price equal to 100 % of the principal amount thereof, plus an applicable "make-whole" premium. On or after August 27, 2027, the TrueBlue </context> | us-gaap:DebtInstrumentRedemptionPricePercentage |
In August 2024, the Company and Loyalty LP entered into a new senior secured term loan credit and guaranty agreement among the Company and Loyalty LP, as co-borrowers, the Guarantors, the lenders party thereto, Barclays Bank PLC, as administrative agent, and Wilmington Trust, National Association, as collateral administrator, for a $ 765 million senior secured term loan facility (the "TrueBlue | text | 765 | monetaryItemType | text: <entity> 765 </entity> <entity type> monetaryItemType </entity type> <context> In August 2024, the Company and Loyalty LP entered into a new senior secured term loan credit and guaranty agreement among the Company and Loyalty LP, as co-borrowers, the Guarantors, the lenders party thereto, Barclays Bank PLC, as administrative agent, and Wilmington Trust, National Association, as collateral administrator, for a $ 765 million senior secured term loan facility (the "TrueBlue </context> | us-gaap:LineOfCreditFacilityMaximumBorrowingCapacity |
On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. | text | 259 | monetaryItemType | text: <entity> 259 </entity> <entity type> monetaryItemType </entity type> <context> On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. </context> | us-gaap:DebtInstrumentFaceAmount |
On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. | text | 1.00 | percentItemType | text: <entity> 1.00 </entity> <entity type> percentItemType </entity type> <context> On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. | text | 2.00 | percentItemType | text: <entity> 2.00 </entity> <entity type> percentItemType </entity type> <context> On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. </context> | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. | text | 2.7 | sharesItemType | text: <entity> 2.7 </entity> <entity type> sharesItemType </entity type> <context> On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. </context> | us-gaap:ClassOfWarrantOrRightOutstanding |
On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. | text | 9.50 | perShareItemType | text: <entity> 9.50 </entity> <entity type> perShareItemType </entity type> <context> On April 23, 2020, we entered into a Payroll Support Program Agreement (the "PSP Agreement") under the CARES Act with the United States Department of the Treasury ("Treasury") governing our participation in the Payroll Support Program. Under the Payroll Support Program, Treasury provided us with a total of approximately $ 963 million (the "Payroll Support Payments") consisting of $ 704 million in grants and $ 259 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until April 23, 2025, and the applicable SOFR plus 2.00 % thereafter until April 23, 2030. The principal amount may be repaid at any time prior to maturity at par. As part of the agreement, JetBlue issued to Treasury warrants to acquire more than 2.7 million shares of our common stock under the program at an exercise price of $ 9.50 per share. </context> | us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 |
$ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. | text | 144 | monetaryItemType | text: <entity> 144 </entity> <entity type> monetaryItemType </entity type> <context> $ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. </context> | us-gaap:DebtInstrumentFaceAmount |
$ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. | text | 1.00 | percentItemType | text: <entity> 1.00 </entity> <entity type> percentItemType </entity type> <context> $ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
$ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. | text | 2.00 | percentItemType | text: <entity> 2.00 </entity> <entity type> percentItemType </entity type> <context> $ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. </context> | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
$ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. | text | 1.0 | sharesItemType | text: <entity> 1.0 </entity> <entity type> sharesItemType </entity type> <context> $ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. </context> | us-gaap:ClassOfWarrantOrRightOutstanding |
$ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. | text | 14.43 | perShareItemType | text: <entity> 14.43 </entity> <entity type> perShareItemType </entity type> <context> $ 144 million in unsecured term loans, with funding received on January 15, 2021, March 5, 2021 and April 29, 2021. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until January 15, 2026, and the applicable SOFR plus 2.00 % thereafter until January 15, 2031. In consideration for the Payroll Support 2 Payments, we issued warrants to purchase approximately 1.0 million shares of our common stock to Treasury at an exercise price of $ 14.43 per share. </context> | us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1 |
On May 6, 2021, we entered into a Payroll Support 3 Agreement (the "PSP3 Agreement") with Treasury governing our participation in the federal payroll support program for passenger air carriers under Section 7301 of the American Rescue Plan Act of 2021 (the "Payroll Support Program 3"). Treasury provided us with a total of approximately $ 541 million (the "Payroll Support 3 Payments") under the program, consisting of $ 409 million in grants and $ 132 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until May 6, 2026, and the applicable SOFR plus 2.00 % thereafter until May 6, 2031. In consideration for the Payroll Support 3 Payments, we issued warrants to purchase approximately 0.7 million shares of our common stock to Treasury at an exercise price of $ 19.90 per share. | text | 132 | monetaryItemType | text: <entity> 132 </entity> <entity type> monetaryItemType </entity type> <context> On May 6, 2021, we entered into a Payroll Support 3 Agreement (the "PSP3 Agreement") with Treasury governing our participation in the federal payroll support program for passenger air carriers under Section 7301 of the American Rescue Plan Act of 2021 (the "Payroll Support Program 3"). Treasury provided us with a total of approximately $ 541 million (the "Payroll Support 3 Payments") under the program, consisting of $ 409 million in grants and $ 132 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until May 6, 2026, and the applicable SOFR plus 2.00 % thereafter until May 6, 2031. In consideration for the Payroll Support 3 Payments, we issued warrants to purchase approximately 0.7 million shares of our common stock to Treasury at an exercise price of $ 19.90 per share. </context> | us-gaap:DebtInstrumentFaceAmount |
On May 6, 2021, we entered into a Payroll Support 3 Agreement (the "PSP3 Agreement") with Treasury governing our participation in the federal payroll support program for passenger air carriers under Section 7301 of the American Rescue Plan Act of 2021 (the "Payroll Support Program 3"). Treasury provided us with a total of approximately $ 541 million (the "Payroll Support 3 Payments") under the program, consisting of $ 409 million in grants and $ 132 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until May 6, 2026, and the applicable SOFR plus 2.00 % thereafter until May 6, 2031. In consideration for the Payroll Support 3 Payments, we issued warrants to purchase approximately 0.7 million shares of our common stock to Treasury at an exercise price of $ 19.90 per share. | text | 1.00 | percentItemType | text: <entity> 1.00 </entity> <entity type> percentItemType </entity type> <context> On May 6, 2021, we entered into a Payroll Support 3 Agreement (the "PSP3 Agreement") with Treasury governing our participation in the federal payroll support program for passenger air carriers under Section 7301 of the American Rescue Plan Act of 2021 (the "Payroll Support Program 3"). Treasury provided us with a total of approximately $ 541 million (the "Payroll Support 3 Payments") under the program, consisting of $ 409 million in grants and $ 132 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until May 6, 2026, and the applicable SOFR plus 2.00 % thereafter until May 6, 2031. In consideration for the Payroll Support 3 Payments, we issued warrants to purchase approximately 0.7 million shares of our common stock to Treasury at an exercise price of $ 19.90 per share. </context> | us-gaap:DebtInstrumentInterestRateStatedPercentage |
On May 6, 2021, we entered into a Payroll Support 3 Agreement (the "PSP3 Agreement") with Treasury governing our participation in the federal payroll support program for passenger air carriers under Section 7301 of the American Rescue Plan Act of 2021 (the "Payroll Support Program 3"). Treasury provided us with a total of approximately $ 541 million (the "Payroll Support 3 Payments") under the program, consisting of $ 409 million in grants and $ 132 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until May 6, 2026, and the applicable SOFR plus 2.00 % thereafter until May 6, 2031. In consideration for the Payroll Support 3 Payments, we issued warrants to purchase approximately 0.7 million shares of our common stock to Treasury at an exercise price of $ 19.90 per share. | text | 2.00 | percentItemType | text: <entity> 2.00 </entity> <entity type> percentItemType </entity type> <context> On May 6, 2021, we entered into a Payroll Support 3 Agreement (the "PSP3 Agreement") with Treasury governing our participation in the federal payroll support program for passenger air carriers under Section 7301 of the American Rescue Plan Act of 2021 (the "Payroll Support Program 3"). Treasury provided us with a total of approximately $ 541 million (the "Payroll Support 3 Payments") under the program, consisting of $ 409 million in grants and $ 132 million in unsecured term loans. The loans have a 10-year term and bear interest on the principal amount outstanding at an annual rate of 1.00 % until May 6, 2026, and the applicable SOFR plus 2.00 % thereafter until May 6, 2031. In consideration for the Payroll Support 3 Payments, we issued warrants to purchase approximately 0.7 million shares of our common stock to Treasury at an exercise price of $ 19.90 per share. </context> | us-gaap:DebtInstrumentBasisSpreadOnVariableRate1 |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.