JetBlue Airlines 2012 Annual Report Download - page 46

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JETBLUE AIRWAYS CORPORATION-2012 10K42
PART II
ITEM 8Financial Statements and Supplementary Data
JetBlue Airways Corporation
Consolidated Statements of Operations
(in millions, except per share amounts)
Year Ended December 31,
2012 2011 2010
OPERATING REVENUES
Passenger $ 4,550 $ 4,080 $ 3,412
Other 432 424 367
Total operating revenues 4,982 4,504 3,779
OPERATING EXPENSES
Aircraft fuel and related taxes 1,806 1,664 1,115
Salaries, wages and benefi ts 1,044 947 891
Landing fees and other rents 277 245 228
Depreciation and amortization 258 233 220
Aircraft rent 130 135 126
Sales and marketing 204 199 179
Maintenance materials and repairs 338 227 172
Other operating expenses 549 532 515
Total operating expenses 4,606 4,182 3,446
OPERATING INCOME 376 322 333
OTHER INCOME (EXPENSE)
Interest expense (176) (179 ) (180 )
Capitalized interest 8 5 4
Interest income and other 1 (3 ) 4
Total other income (expense) (167) (177 ) (172 )
INCOME BEFORE INCOME TAXES 209 145 161
Income tax expense 81 59 64
NET INCOME $ 128 $ 86 $ 97
EARNINGS PER COMMON SHARE:
Basic $ 0.45 $ 0.31 $ 0.36
Diluted $ 0.40 $ 0.28 $ 0.31
See accompanying notes to consolidated fi nancial statements.