Southwest Airlines 2011 Annual Report Download - page 124

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QUARTERLY FINANCIAL DATA
(unaudited)
THREE MONTHS ENDED
(in millions except per share amounts) March 31 June 30 Sept. 30 Dec. 31
2011*
Operating revenues ................................................ $3,103 $4,136 $4,311 $4,108
Operating income ................................................. 114 207 225 147
Income (loss) before income taxes .................................... 18 275 (226) 255
Net income (loss) ................................................. 5 161 (140) 152
Net income (loss) per share, basic .................................... .01 .21 (.18) .20
Net income (loss) per share, diluted ................................... .01 .21 (.18) .20
March 31 June 30 Sept. 30 Dec. 31
2010
Operating revenues ................................................ $2,630 $3,168 $3,192 $3,114
Operating income ................................................. 54 363 355 216
Income before income taxes ......................................... 17 184 332 213
Net income ...................................................... 11 112 205 131
Net income per share, basic ......................................... .01 .15 .27 .18
Net income per share, diluted ........................................ .01 .15 .27 .18
* Includes the results of AirTran for May 2011 through December 2011. See Note 2 to the Consolidated Financial Statements for further
information.
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