Union Pacific 2005 Annual Report Download - page 78

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14. Selected Quarterly Data (Unaudited)
Selected unaudited quarterly data are as follows:
Millions of Dollars, Except Per Share Amounts
2005 Mar. 31 June 30 Sep. 30[a] Dec. 31
Operating revenues ............................... $3,152 $3,344 $3,461 $3,621
Operating income ................................ 313 468 481 533
Net income...................................... 128 233 369 296
Net income per share
Basic ......................................... 0.49 0.89 1.40 1.11
Diluted ....................................... 0.48 0.88 1.38 1.10
2004 Mar. 31 June 30 Sep. 30 Dec. 31[b]
Operating revenues ............................... $2,893 $3,029 $3,076 $3,217
Operating income ................................ 314 359 418 204
Net income...................................... 165 158 202 79
Net income per share
Basic ......................................... 0.64 0.61 0.78 0.30
Diluted ....................................... 0.63 0.60 0.77 0.30
[a] In the third quarter of 2005, we recorded an income tax expense reduction of $118 million.
[b] In the fourth quarter of 2004, we recognized a $154 million after-tax charge for unasserted asbestos-related claims.
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