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Southwest Airlines Co.$53.73($1.58)(2.86%)

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Income Statement for Southwest Airlines Co.
(Amounts are in millions) 12/2016 12/2015 12/2014
Press Release Press Release Press Release
Net Sales or Revenues $20,425.00 $19,820.00 $18,605.00
Cost of Goods Sold $12,930.00 $12,408.00 $13,111.00
Gross Profit $7,495.00 $7,412.00 $5,494.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $2,514.00 $2,281.00 $2,331.00
Income Before Depreciation $4,981.00 $5,131.00 $3,163.00
       
Depreciation, Depletion, Amortization $1,221.00 $1,015.00 $938.00
Non-Operating Income ($138.00) ($547.00) ($302.00)
Interest Expense $75.00 $90.00 $107.00
Pretax Income $3,547.00 $3,479.00 $1,816.00
       
Provision for Income Taxes $1,303.00 $1,298.00 $680.00
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries $2,244.00 $2,181.00 $1,136.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $2,244.00 $2,181.00 $1,136.00
       
Basic Earnings Per Share $3.58 $3.30 $1.65
Diluted Earnings Per Share $3.55 $3.27 $1.64
       
Weighted Average Basic Shares Outstanding 627.00 661.00 687.00
Weighted Average Diluted Shares Outstanding 633.00 669.00 696.00
       
Income Before Non-Recurring Items $2,370.00 $2,355.00 $1,397.00
Income From Non-Recurring Items ($126.00) ($174.00) ($261.00)
Diluted Earnings Per Share before extras $3.75 $3.52 $2.01
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $230.85 $185.35 $149.32
Dividend Per Share (common) $0.38 $0.29 $0.22




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