American Airlines 2005 Annual Report Download - page 82

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79
14. Segment Reporting (Continued)
Revenues from other segments are below the quantitative threshold for determining reportable segments and
consist primarily of revenues from American Beacon Advisors, Inc. and Americas Ground Services, Inc. The
difference between the financial information of the Company’s one reportable segment and the financial
information included in the accompanying consolidated statements of operations and balance sheets as a result
of these entities is not material.
The Company’s operating revenues by geographic region (as defined by the Department of Transportation) are
summarized below (in millions):
Year Ended December 31,
2005 2004 2003
DOT Domestic $ 13,245 $ 12,192 $ 12,687
DOT Latin America 3,568 3,115 2,477
DOT Atlantic 3,115 2,678 1,980
DOT Pacific 784 660 296
Total consolidated revenues $ 20,712 $ 18,645 $ 17,440
The Company attributes operating revenues by geographic region based upon the origin and destination of each
flight segment. The Company’s tangible assets consist primarily of flight equipment, which are mobile across
geographic markets and, therefore, have not been allocated.
15. Quarterly Financial Data (Unaudited)
Unaudited summarized financial data by quarter for 2005 and 2004 (in millions, except per share amounts):
First
Quarter
Second
Quarter
Third
Quarter
Fourth
Quarter
2005
Operating revenues $ 4,750 $ 5,309
$ 5,485
$ 5,168
Operating income (loss) 23 229
39
(384)
Net earnings (loss) (162) 58
(153)
(604)
Earnings (loss) per share:
Basic (1.00) 0.35 (0.93) (3.49)
Diluted (1.00) 0.30 (0.93) (3.49)
2004
Operating revenues $ 4,512 $ 4,830
$ 4,762
$ 4,541
Operating income (loss) 42 196
(27)
(355)
Net earnings (loss) (166) 6
(214)
(387)
Earnings (loss) per share:
Basic (1.03) 0.04 (1.33) (2.40)
Diluted (1.03) 0.03 (1.33) (2.40)
The Company incurred certain charges in the fourth quarter of 2005 and 2004. For a further discussion of these
charges, see Notes 2 and 3 to the consolidated financial statements.