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Southwest Airlines Co. is a domestic
airline in the United States that provides predominantly
short-haul, high-frequency, point-to-point, low-fare service. As
of the end 2002, Southwest operated 375 Boeing 737 aircraft and
provided service to 59 airports in 58 cities in 30 states
throughout the United States. The Company focuses principally on
point-to-point, rather than hub-and-spoke, service in markets with
frequent, conveniently timed flights and low fares. Southwest's
average aircraft trip stage length in 2002 was 548 miles, with an
average duration of approximately 1.5 hours. By end of 2002, the
Company served 338 non-stop city pairs.
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Number of Employees
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33,705
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Fiscal Year Ending Date
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12/31/02
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Sales (in millions)
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$5,521.77
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1-Yr. Sales Change
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-0.60%
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Stock Data
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Market Capitalization (in millions)
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14,712.60
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Percent Owned by Institutions
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75.56%
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Shares Outstanding (in millions)
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787.19
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Number of Institutional
Shareholders
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1,191
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Public Float (in millions)*
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776.60
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Percent Owned by Insiders
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1.35%
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Latest Dividend
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0.01
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Last Stock Split
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3 for 2 or 50% stock div.
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Date of Last Dividend
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9/24/03
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Date of Last Split
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2/16/01
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Dividend Yield
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0.10
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P/E Ratio
(without extraordinary items)
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36.65
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P/E Ratio
(with extraordinary items)
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36.65
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*Shares outstanding, minus shares
controlled by insiders, restricted stock and shares held by 5%
owners
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Short Interest
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Total for current month
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9,647,000
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Short Interest Ratio**
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3.44
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Total for previous month
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9,490,000
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Short Interest as % of Public Float
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1.24
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