Southwest Airlines (LUV) Restructuring Costs (2010 - 2015)

Southwest Airlines (LUV) has reported Restructuring Costs for 6 consecutive years, with $7.0 million the latest figure, recorded in Q4 2015.

• Quarterly Restructuring Costs fell 85.42% year-over-year to $7.0 million in Q4 2015, while the trailing twelve-month figure through Sep 2016 was $7.0 million (down 91.25% YoY) and the FY2015 annual result came in at $39.0 million, down 69.05% from the prior year.
• Restructuring Costs rose to $7.0 million in Q4 2015 per LUV's latest filing, from $6.0 million in the prior quarter.
• Over the last five years, Restructuring Costs for LUV reached as high as $145.0 million in Q3 2012 and fell as low as $3.0 million in Q2 2015.
• A 5-year average of $28.6 million and a median of $21.0 million in 2011 frame the typical range for Restructuring Costs.
• Annual changes were most pronounced in 2011 — Restructuring Costs jumped 2100.0% — and 2015, when it slumped 92.11%.
• Year by year, Restructuring Costs stood at $37.0 million in 2011, then plunged by 59.46% to $15.0 million in 2012, then jumped by 33.33% to $20.0 million in 2013, then jumped by 140.0% to $48.0 million in 2014, then tumbled by 85.42% to $7.0 million in 2015.
• According to Business Quant data, Restructuring Costs over the past three periods registered $7.0 million, $6.0 million, and $3.0 million for Q4 2015, Q3 2015, and Q2 2015 respectively.