Southwest Airlines 1996 Annual Report Download - page 50

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50
QUARTERLY FINANCIAL DATA (UNAUDITED)
(IN THOUSANDS EXCEPT PER SHARE AMOUNTS)
THREE MONTHS ENDED
MARCH 31 JUNE 30 SEPT. 30 DEC. 31
1996
Operating revenues $772,529 $910,308 $891,492 $831,841
Operating income 57,393 142,206 102,934 48,302
Income before income taxes 54,771 139,989 100,243 46,359
Net income 33,000 85,316 60,858 28,163
Net income per common and
common equivalent share .22 .56 .40 .19
1995
Operating revenues $620,999 $738,205 $764,975 $748,572
Operating income 23,409 103,425 114,098 72,599
Income before income taxes 20,034 100,801 114,215 70,090
Net income 11,826 59,724 67,717 43,359
Net income per common and
common equivalent share .08 .41 .45 .29
COMMON STOCK PRICE RANGES AND DIVIDENDS
Southwest’s common stock is listed on the New York Stock Exchange and is traded
under the symbol LUV. The high and low sales prices of the common stock on the Composite
Tape and the quarterly dividends per share were:
PERIOD DIVIDENDS HIGH LOW
1996
1st quarter $ .011 $33.00 $22.13
2nd quarter .011 33.25 25.75
3rd quarter .011 29.00 21.38
4th quarter .011 26.00 20.63
PERIOD DIVIDENDS HIGH LOW
1995
1st quarter $ .01 $20.00 $16.38
2nd quarter .01 25.75 17.63
3rd quarter .01 29.88 23.63
4th quarter .01 26.13 19.75