American Airlines 1997 Annual Report Download - page 70
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68
ELEVEN YEAR COM PARATI VE SUM M ARY
(in millions, except share and per share amounts) 1997 1996 1995
Total operating revenues $18,570 17,753 16,910
Total operating expenses $16,644 15,914 15,895
Operating income (loss) $1,926 1,839 1,015
Earnings (loss) from continuing operations before
extraordinary loss and cumulative effect of
accounting changes $985 1,105 191
Net earnings (loss) $985 1,016 162
Earnings (loss) per common share before extraordinary
loss and cumulative effect of accounting changes:
Basic $11.05 12.83 2.51
Diluted $10.78 12.15 2.49
Net earnings (loss) per common share:
Basic $11.05 11.80 2.13
Diluted $10.78 11.19 2.11
Total assets $20,915 20,497 19,556
Long-term debt, less current maturities $2,260 2,752 4,983
Obligations under capital leases, less current obligations $1,629 1,790 2,069
Non-redeemable preferred stock $- --
Convertible preferred stock, common stock and
other stockholders’ equity1$6,216 5,668 3,720
Common shares outstanding at year-end (in thousands) 86,600 91,000 76,400
Book value per common share $71.78 62.28 47.67
Preferred shares outstanding at year-end:
Convertible preferred stock --159,000
Non-redeemable preferred stock ---
1No dividends have been paid on common stock for any period presented.