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Southwest Airlines Co.$55.21($1.02)(1.81%)

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Income Statement for Southwest Airlines Co.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $21,965.00 $21,171.00 $20,425.00
Cost of Goods Sold $14,706.00 $13,750.00 $12,930.00
Gross Profit $7,259.00 $7,421.00 $7,495.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $2,852.00 $2,688.00 $2,514.00
Income Before Depreciation $4,407.00 $4,733.00 $4,981.00
       
Depreciation, Depletion, Amortization $1,201.00 $1,218.00 $1,221.00
Non-Operating Income $51.00 ($199.00) ($138.00)
Interest Expense $93.00 $65.00 $75.00
Pretax Income $3,164.00 $3,251.00 $3,547.00
       
Provision for Income Taxes $699.00 ($237.00) $1,303.00
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 $2,465.00 $3,488.00 $2,244.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $2,465.00 $3,488.00 $2,244.00
       
Basic Earnings Per Share $4.30 $5.80 $3.58
Diluted Earnings Per Share $4.29 $5.79 $3.55
       
Weighted Average Basic Shares Outstanding 573.00 601.00 627.00
Weighted Average Diluted Shares Outstanding 574.00 603.00 633.00
       
Income Before Non-Recurring Items $2,435.00 $2,107.00 $2,370.00
Income From Non-Recurring Items $30.00 $1,381.00 ($126.00)
Diluted Earnings Per Share before extras $4.24 $3.50 $3.75
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $340.20 $281.86 $230.85
Dividend Per Share (common) $0.61 $0.48 $0.38




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