Airtran 2005 Annual Report Download - page 46

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: : 14. QUARTERLY FINANCIAL DATA (UNAUDITED) : :
Summarized quarterly financial data for 2005 and 2004 is as follows (in thousands, except per share data):
Quarter
First Second Third Fourth
Fiscal 2005
Operating revenues $299,707 $366,323 $374,644 $409,870
Operating income (loss) (9,441) 19,536 1,239 2,054
Net income (loss) (8,029) 11,359 (228) (1,380)
Earnings (loss) per share, basic $ (0.09) $ 0.13 $ — $ (0.02)
Earnings (loss) per share, diluted $ (0.09) $ 0.13 $ — $ (0.02)
Quarter
First Second Third Fourth
Fiscal 2004
Operating revenues $241,406 $275,004 $245,640 $279,372
Operating income (loss) 10,276 31,018 (11,992) 3,542
Net income (loss) 4,113 16,786 (9,769) 1,125
Earnings (loss) per share, basic $ 0.05 $ 0.20 $ (0.11) $ 0.01
Earnings (loss) per share, diluted $ 0.05 $ 0.18 $ (0.11) $ 0.01
The results of the fourth quarter of 2005 include expense of $2.7 million, net of tax, related to an advertising barter transaction in which we exchanged flight credits in our frequent flyer program for promotional
consideration.
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