Southwest Airlines (LUV) Amortization of Deferred Charges (2009 - 2011)

Southwest Airlines (LUV) has reported Amortization of Deferred Charges for 3 consecutive years, with -$3.0 million the latest figure, recorded in Q1 2011.

• Quarterly Amortization of Deferred Charges changed 0.0% year-over-year to -$3.0 million in Q1 2011, while the trailing twelve-month figure through Mar 2011 was -$13.0 million (down 8.33% YoY) and the FY2010 annual result came in at -$14.0 million, down 16.67% from the prior year.
• Amortization of Deferred Charges grew to -$3.0 million in Q1 2011 per LUV's latest filing, from -$4.0 million in the prior quarter.
• Over the last five years, Amortization of Deferred Charges for LUV reached as high as -$1.0 million in Q4 2009 and fell as low as -$4.0 million in Q2 2009.
• A 3-year average of -$3.1 million and a median of -$3.0 million in 2009 frame the typical range for Amortization of Deferred Charges.
• The largest YoY upside for Amortization of Deferred Charges was 25.0% in 2010 against a maximum downside of 300.0% in 2010.
• Year by year, Amortization of Deferred Charges stood at -$1.0 million in 2009, then tumbled by 300.0% to -$4.0 million in 2010, then rose by 25.0% to -$3.0 million in 2011.
• According to Business Quant data, Amortization of Deferred Charges over the past three periods registered -$3.0 million, -$4.0 million, and -$3.0 million for Q1 2011, Q4 2010, and Q3 2010 respectively.