SkyWest Airlines 2010 Annual Report Download - page 105
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SKYWEST, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
DECEMBER 31, 2010
(13) Quarterly Financial Data (Unaudited)
Unaudited summarized financial data by quarter for 2010 and 2009 is as follows (in thousands,
except per share data):
Year Ended December 31, 2010
First Second Third Fourth
Quarter Quarter Quarter Quarter Year
Operating revenues (000) ............... $632,243 $649,759 $686,858 $796,285 $2,765,145
Operating income (000) ................ 42,421 49,288 58,282 51,835 201,826
Net income (000) .................... 15,014 18,655 25,474 37,207 96,350
Net income per common share:
Basic .............................. $ 0.27 0.33 0.46 0.68 1.73
Diluted ............................ 0.26 0.33 0.45 0.67 1.70
Weighted average common shares:
Basic: ............................. 55,855 55,936 55,901 54,747 55,610
Diluted: ........................... 56,864 56,718 56,804 55,719 56,526
Year Ended December 31, 2009
First Second Third Fourth
Quarter Quarter Quarter Quarter Year
Operating revenues (000) ............... $672,642 $698,823 $637,748 $604,401 $2,613,614
Operating income (000) ................ 40,824 59,769 63,253 48,349 212,195
Net income (000) .................... 9,372 26,219 28,566 19,501 83,658
Net income per common share:
Basic .............................. $ 0.17 $ 0.47 $ 0.51 $ 0.35 $ 1.50
Diluted ............................ 0.16 0.46 0.50 0.34 1.47
Weighted average common shares:
Basic: ............................. 56,546 55,657 55,605 55,606 55,854
Diluted: ........................... 57,427 56,558 56,652 56,621 56,814
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