|
| |
Three months ended
|
| |
March 31
|
June 30
|
Sept. 30
|
Dec. 31
|
| |
(In millions of dollars, except per share amounts)
|
|
2003
|
|
Railway operating revenues
|
$
|
1,561
|
|
$
|
1,633
|
|
$
|
1,598
|
|
$
|
1,676
|
|
Income from railway operations
|
|
231
|
|
|
298
|
|
|
311
|
|
|
224
|
|
Income from continuing operations before accounting
changes
|
|
85
|
|
|
137
|
|
|
137
|
|
|
522
|
|
Net income
|
|
2091
|
|
|
137
|
|
|
137
|
|
|
522
|
|
Earnings per share - basic and diluted:
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from continuing
operations before accounting changes
|
$
|
0.22
|
|
$
|
0.35
|
|
$
|
0.35
|
|
$
|
0.132
|
|
Net income
|
$
|
0.541
|
|
$
|
0.35
|
|
$
|
0.35
|
|
$
|
0.132
|
| |
|
2002
|
|
Railway operating revenues
|
$
|
1,498
|
|
$
|
1,593
|
|
$
|
1,598
|
|
$
|
1,581
|
|
Income from railway operations
|
|
237
|
|
|
322
|
|
|
311
|
|
|
288
|
|
Net income
|
|
86
|
|
|
119
|
|
|
126
|
|
|
129
|
|
Earnings per share - basic and diluted
|
$
|
0.22
|
|
$
|
0.31
|
|
$
|
0.32
|
|
$
|
0.33
|
|
1 Includes a $114 million or
29 cents per share increase related to required accounting
changes and $10 million or 3 cents per share from discontinued
operations
2 Includes a $107 million pretax
charge in operating expenses for a voluntary separation
program, which reduced net income by $66 million or 17 cents
per share. Also includes an $84 million pretax nonoperating
impairment charge that reduced net income by $53 million
or 13 cents per share.
|
|
The Common Stock of Norfolk Southern Corporation, owned by 52,091 stockholders
of record as of Dec. 31, 2003, is traded on the New York Stock Exchange
with the symbol NSC. The following table shows the high and low sales
prices and dividends per share, by quarter, for 2003 and 2002.
| |
Quarter
|
| |
1st
|
2nd
|
3rd
|
4th
|
|
2003
|
|
Market price
|
|
|
|
|
|
|
|
|
|
High
|
|
$ 20.89
|
|
$ 22.39
|
|
$ 20.20
|
|
$ 24.62
|
|
Low
|
|
17.35
|
|
18.31
|
|
18.00
|
|
18.32
|
|
Dividends per share
|
|
$ 0.07
|
|
$ 0.07
|
|
$ 0.08
|
|
$ 0.08
|
| |
|
2002
|
|
Market price
|
|
|
|
|
|
|
|
|
|
High
|
|
$ 26.98
|
|
$ 24.45
|
|
$ 23.90
|
|
$ 22.54
|
|
Low
|
|
18.26
|
|
19.85
|
|
17.20
|
|
18.70
|
|
Dividends per share
|
|
$ 0.06
|
|
$ 0.06
|
|
$ 0.07
|
|
$ 0.07
|
|