Hy Consider the EPS calculation of Southwest Airlines Company. Net income for 2019 was $2,300 million. No other classes of stock (no preferred dividends) 519,064,316 shares of stock outstanding as of December 31, 2019, and repurchased about 33 million shares during the year = 538 million shares outstanding for the weighted average Weighted-average number of shares outstanding-basic Earnings per share-basic ($2,300/538) Q Search (2 of 2) 538 million $4.28 DELL W 1 7/2