Southwest Airlines 2002 Annual Report Download - page 31

12 | SOUTHWEST AIRLINES CO. 2002 10-K
Item 6. Selected Financial Data
The following financial information for the five years ended December 31, 2002, has been derived
from the Company’s Consolidated Financial Statements. This information should be read in conjunction
with the Consolidated Financial Statements and related notes thereto included elsewhere herein.
2002 2001 2000 1999 1998
Financial Data:
(In thousands except per share amounts)
Operating revenues ....................................
Operating expenses....................................
Operating income........................................
Other expenses (income), net...................
Income before income taxes....................
Provision for income taxes......................
Net income ..................................................
$5,521,771
5,104,433
417,338
24,656
392,682
151,713
$240,969
$5,555,174
4,924,052
631,122
(196,537)
827,659
316,512
$511,147
$5,649,560
4,628,415
1,021,145
3,781
1,017,364
392,140
$625,224
(3)
$4,735,587
3,954,011
781,576
7,965
773,611
299,233
$ 474,378
$4,163,980 )
3,480,369 )
683,611 )
( 21,501 )
705,112 )
271,681 )
$433,431 )
Net income per share, basic
Net income per share, diluted.................
Cash dividends per common share ........
Total assets at period-end........................
Long-term obligations at period-end ......
Stockholders’ equity at period-end........
Operating Data:
Revenue passengers carried ....................
Revenue passenger miles
(RPMs) (000s) ..........................................
Available seat miles (ASMs) (000s)........
Load factor(1) ...............................................
Average length of passenger
haul (miles)...............................................
Trips flown ...................................................
Average passenger fare..............................
Passenger revenue yield per RPM...........
Operating revenue yield per ASM ............
Operating expenses per ASM ...................
Fuel cost per gallon (average) .................
Number of Employees at yearend ...........
Size of fleet at yearend(2) ..........................
$.31
$.30
$.0180
$8,953,750
$1,552,781
$4,421,617
63,045,988
45,391,903
68,886,546
65.9%
720
947,331
$84.15(5)
11.69¢(5)
7.96¢ (5)
7.41¢
68.01¢
33,705
375
$.67
$.63
$.0180
$8,997,141
$1,327,158
$4,014,053
64,446,773
44,493,916
65,295,290
68.1%
690
940,426
$83.93(4)
12.16¢(4)
8.55¢ (4)
7.48¢ (4)
70.86¢
31,580
355
$.84
$.79 (3)
$.0147(3)
$6,669,572
$760,992
$3,451,320
63,678,261
42,215,162
59,909,965
70.5%
663
903,754
$85.87
12.95¢
9.43¢
7.73¢
78.69¢
29,274
344
$.63
$.59
$.0143
$5,653,703
$871,717
$2,835,788
57,500,213
36,479,322
52,855,467
69.0%
634
846,823
$79.35
12.51¢
8.96¢
7.48¢
52.71¢
27,653
312
$.58
$.55
$.0126
$4,715,996
$623,309
$2,397,918
52,586,400
31,419,110
47,543,515
66.1%
597
806,822
$76.26
12.76¢
8.76¢
7.32¢
45.67¢
25,844
280
__________________
(1) Revenue passenger miles divided by available seat miles.
(2) Includes leased aircraft.
(3) Excludes cumulative effect of accounting change of $22.1 million ($.03 per share).
(4) Excludes special items related to the September 11, 2001, terrorist attacks. Including these items, average passenger fare
would decrease by 47 cents, passenger revenue yield per RPM would decrease by .07 cents, operating revenue yield per ASM
would decrease by .04 cents, and operating expenses per ASM would increase by .06 cents.
(5) Excludes $36 million in revenue from second quarter 2002 related to a reduction in air traffic liability. Including the
$36 million, average passenger fare would increase by 57 cents, passenger revenue yield per RPM would increase by
.08 cents, and operating revenue yield per ASM would increase by .06 cents.