Southwest Airlines 2000 Annual Report Download - page 39

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QUARTERLY FINANCIAL DATA (UNAUDITED)
THREE MONTHS ENDED
(In thousands except per share amounts) MARCH 31 JUNE 30 SEPT. 30 DEC. 31
2000
Operating revenues $1,242,647 $1,460,675 $1,478,834 $1,467,404
Operating income 155,408 314,558 300,109 251,070
Income before income taxes 155,973 310,865 301,073 249,453
Net income 95,643* 190,622 184,298 154,661
Net income per share, basic .19* .38 .37 .31
Net income per share, diluted .18* .36 .35 .29
*Excludes cumulative effect of change in
accounting principle of $22.1 million $.04
per share, basic and diluted
1999
Operating revenues $1,075,571 $1,220,432 $1,235,166 $1,204,418
Operating income 166,617 254,331 206,463 154,165
Income before income taxes 156,102 256,598 207,949 152,962
Net income 95,847 157,757 126,978 93,796
Net income per share, basic .19 .31 .25 .19
Net income per share, diluted .18 .29 .24 .18
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, as adjusted for the July 1999 three-for-two stock split, was:
PERIOD DIVIDENDS HIGH LOW
2000
1st Quarter $ .00550 $ 20.88 $ 15.00
2nd Quarter .00550 22.75 18.56
3rd Quarter .00550 25.00 19.13
4th Quarter .00550 34.99 23.63
1999
1st Quarter $ .00500 $ 22.92 $ 14.92
2nd Quarter .00550 23.58 19.54
3rd Quarter .00550 22.29 14.38
4th Quarter .00550 18.81 15.00
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