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Southwest Airlines Co.$53.11$.02.04%

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Income Statement for Southwest Airlines Co.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $21,171.00 $20,425.00 $19,820.00
Cost of Goods Sold $13,750.00 $12,930.00 $12,408.00
Gross Profit $7,421.00 $7,495.00 $7,412.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $2,688.00 $2,514.00 $2,281.00
Income Before Depreciation $4,733.00 $4,981.00 $5,131.00
       
Depreciation, Depletion, Amortization $1,218.00 $1,221.00 $1,015.00
Non-Operating Income ($199.00) ($138.00) ($547.00)
Interest Expense $65.00 $75.00 $90.00
Pretax Income $3,251.00 $3,547.00 $3,479.00
       
Provision for Income Taxes ($237.00) $1,303.00 $1,298.00
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 $3,488.00 $2,244.00 $2,181.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income $3,488.00 $2,244.00 $2,181.00
       
Basic Earnings Per Share $5.80 $3.58 $3.30
Diluted Earnings Per Share $5.79 $3.55 $3.27
       
Weighted Average Basic Shares Outstanding 601.00 627.00 661.00
Weighted Average Diluted Shares Outstanding 603.00 633.00 669.00
       
Income Before Non-Recurring Items $2,107.00 $2,370.00 $2,355.00
Income From Non-Recurring Items $1,381.00 ($126.00) ($174.00)
Diluted Earnings Per Share before extras $3.50 $3.75 $3.52
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $281.86 $230.85 $185.35
Dividend Per Share (common) $0.48 $0.38 $0.29




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