American Airlines 1999 Annual Report Download - page 61

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(in millions, except share and per share amounts) 1999* 1998* 1997*
Total operating revenues $17,730 17,516 16,957
Total operating expenses $16,574 15,528 15,362
Operating income (loss) $ 1,156 1,988 1,595
Earnings (loss) from continuing operations before extraordinary loss and cumulative
effect of accounting changes $ 656 1,114 809
Net earnings (loss) $ 985 1,314 985
Earnings (loss) per common share from continuing operations before extraordinary
loss and cumulative effect of accounting changes:1
Basic $ 4.30 6.60 4.54
Diluted $ 4.17 6.38 4.43
Net earnings (loss) per common share:1
Basic $ 6.46 7.78 5.52
Diluted $ 6.26 7.52 5.39
Total assets $24,374 21,455 20,287
Long-term debt, less current maturities $4,078 2,436 2,248
Obligations under capital leases, less current obligations $1,611 1,764 1,629
Non-redeemable preferred stock –––
Convertible preferred stock, common stock and other stockholders’ equity2$6,858 6,698 6,216
Common shares outstanding at year-end (in thousands)1148,250 161,300 173,200
Book value per common share1$ 46.26 41.53 35.89
Preferred shares outstanding at year-end:
Convertible preferred stock –––
Non-redeemable preferred stock –––
* The results for 1999, 1998 and 1997 have been restated for the discontinued operations of Sabre Holdings Corporation.
1All share and earnings per share amounts reflect the stock split on June 9, 1998.
2No dividends have been paid on common stock for any period presented.
60
ELEVEN YEAR COMPARATIVE SUMMARY