Airtran 2006 Annual Report Download - page 35

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Year ended December 31,
(In thousands, except per share data)
2006 2005 2004
Operating Revenues :
Passenger $1,816,179 $1,397,295 $1,005,263
Other 73,315 48,886 36,086
Cargo 3,861 4,363 73
Total operating revenues 1,893,355 1,450,544 1,041,422
Operating Expenses :
Aircraft fuel 675,336 462,672 251,323
Salaries, wages and benefits 390,348 329,299 273,514
Aircraft rent 230,699 192,394 150,959
Maintenance, materials and repairs 149,448 101,964 69,514
Landing fees and other rents 100,761 80,774 62,322
Distribution 69,888 67,395 50,890
Marketing and advertising 44,792 36,400 27,569
Aircraft insurance and security services 25,678 23,100 22,888
Depreciation and amortization 30,078 20,224 14,628
Other operating 134,194 112,832 88,314
Total operating expenses 1,851,222 1,427,054 1,011,921
Operating Income 42,133 23,490 29,501
Other (Income) Expense :
Interest income (21,714) (11,771) (5,275)
Interest expense 50,861 30,787 24,350
Capitalized interest (12,943) (8,550) (4,922)
Other —— (1,332)
Other (income) expense, net 16,204 10,466 12,821
Income Before Income Taxes 25,929 13,024 16,680
Income tax expense 10,415 4,948 6,577
Net Income $ 15,514 $ 8,076 $ 10,103
Earnings Per Common Share :
Basic $ 0.17 $ 0.09 $ 0.12
Diluted $ 0.17 $ 0.09 $ 0.11
Weighted-Average Shares Outstanding :
Basic 90,504 87,337 85,261
Diluted 92,436 90,185 89,523
See accompanying notes to consolidated financial statements.
29
AIRTRAN HOLDINGS, INC. CONSOLIDATED STATEMENTS OF OPERATIONS