Southwest Airlines 2002 Annual Report Download - page 15

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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 February 2001 three-for-two stock split, were:
PERIOD DIVIDENDS HIGH LOW
2002
1st Quarter $0.0045 $22.00 $17.17
2nd Quarter 0.0045 19.35 14.85
3rd Quarter 0.0045 16.08 10.90
4th Quarter 0.0045 16.70 11.23
2001
1st Quarter $0.0045 $23.27 $16.00
2nd Quarter 0.0045 20.03 16.55
3rd Quarter 0.0045 20.23 11.25
4th Quarter 0.0045 20.00 14.52
QUARTERLY FINANCIAL DATA (UNAUDITED)
THREE MONTHS ENDED
(In thousands, except per share amounts) MARCH 31 JUNE 30 SEPTEMBER 30 DECEMBER 31
2002
Operating revenues $1,257,243 $1,472,798 $1, 391,191 $1,400,539
Operating income 49,365 188,999 91,141 87 ,833
Income before income taxes 35,196 169,238 124,324 63,924
Net income 21,385 102,298 74,887 42,399
Net income per share, basic .03 .13 .10 .05
Net income per share, diluted .03 .13 .09 .05
2001
Operating revenues $1,428, 617 $1,553,785 $1, 335,125 $1, 237,647
Operating income 210,157 290,862 92,986 37,117
Income before income taxes 196,502 287, 451 245,870 97 ,836
Net income 121,045 175,633 150,964 63,505
Net income per share, basic .16 .23 .20 .08
Net income per share, diluted .15 .22 .19 .08
Southwest airlines co. 2002 annual report 13
1998 1999 2000 2001 2002
Operating Revenue (in millions)
$4,164
$4,736
$5,650 $5,555 $5,522 $6,000
$5,000
$4,000
$3,000
$2,000
$1,000
1998 1999 2000 2001 2002
Passenger Load Factor
66.1%
69.0% 70.5%
68.1%
65.9%
75%
70%
65%
60%
55%
50%
50
40
30
20
10
1998 1999 2000 2001 2002
31,419
36,479
42,215 44,494 45,392
Revenue Passenger Miles
(in millions)