LUV: Income Statement for SOUTHWEST AIRLINES - Yahoo!7 Finance

PERIOD ENDING		30-Sep-09	30-Jun-09	31-Mar-09	31-Dec-08
Total Revenue		2,666,000	2,615,000	2,357,000	2,734,000
Cost of Revenue		2,158,000	2,004,000	1,929,000	2,812,000

Gross Profit		508,000	611,000	428,000	(78,000)

	Operating Expenses
	Research Development	-	-	-	-
	Selling General and Administrative	324,000	338,000	328,000	(301,000)
	Non Recurring	-	-	-	-
	Others	162,000	150,000	150,000	154,000

	Total Operating Expenses	-	-	-	-


Operating Income or Loss		22,000	123,000	(50,000)	69,000

	Income from Continuing Operations
	Total Other Income/Expenses Net	1,000	27,000	(19,000)	(122,000)
	Earnings Before Interest And Taxes	23,000	150,000	(69,000)	(53,000)
	Interest Expense	43,000	43,000	38,000	30,000
	Income Before Tax	(20,000)	107,000	(107,000)	(83,000)
	Income Tax Expense	(4,000)	16,000	(16,000)	(27,000)
	Minority Interest	-	-	-	-

	Net Income From Continuing Ops	(16,000)	91,000	(91,000)	(56,000)

	Non-recurring Events
	Discontinued Operations	-	-	-	-
	Extraordinary Items	-	-	-	-
	Effect Of Accounting Changes	-	-	-	-
	Other Items	-	-	-	-


Net Income		(16,000)	91,000	(91,000)	(56,000)
Preferred Stock And Other Adjustments		-	-	-	-

Net Income Applicable To Common Shares		($16,000)	$91,000	($91,000)	($56,000)

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Southwest Airlines Co. (LUV)