Airtran 2005 Annual Report Download - page 25

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Year ended December 31,
(In thousands, except per share data) 2005 2004 2003
Operating Revenues : :
Passenger $1,397,295 $1,005,263 $889,950
Other 53,249 36,159 28,090
Total operating revenues 1,450,544 1,041,422 918,040
Operating Expenses : :
Aircraft fuel 472,774 247,980 178,737
Salaries, wages and benefits 329,299 273,514 231,728
Aircraft rent 192,394 150,959 124,203
Maintenance, materials and repairs 101,964 69,514 63,600
Landing fees and other rents 80,774 62,322 52,810
Distribution 67,395 50,890 45,354
Marketing and advertising 36,400 27,569 24,112
Aircraft insurance and security services 23,100 22,888 19,684
Depreciation 20,224 14,628 12,628
Other operating 112,832 88,314 78,866
Total operating expenses 1,437,156 1,008,578 831,722
Operating Income 13,388 32,844 86,318
Other (Income) Expense : :
Interest income (11,771) (5,275) (3,345)
Interest expense 22,237 19,428 28,303
Other —(1,332) —
Payment under the Emergency Wartime Supplemental Appropriations Act —— (38,061)
Deferred debt discount/issuance cost write-off —— 12,257
Other (income) expense, net 10,466 12,821 (846)
Income Before Income Taxes 2,922 20,023 87,164
Income tax expense (benefit) 1,200 7,768 (13,353)
Net Income $ 1,722 $ 12,255 $100,517
Earnings Per Common Share
Net Income Per Share, Basic $ 0.02 $ 0.14 $ 1.33
Net Income Per Share, Diluted $ 0.02 $ 0.14 $ 1.21
Weighted-Average Shares Outstanding
Basic 87,337 85,261 75,345
Diluted 90,185 89,523 86,607
See accompanying notes to consolidated financial statements.
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AIRTRAN HOLDINGS, INC. CONSOLIDATED STATEMENTS OF INCOME