ALASKA AIR GROUP, INC. | 2013 | FY | 3


The relative selling price of the undelivered element (air transportation) is lower than the rate at which it had been deferred under the previous contract and the Company recorded a one-time, non-cash adjustment to decrease frequent flyer deferred revenue and increase Special mileage plan revenue. The impact on earnings are as follows:
 
2013
2012
2011
Special mileage plan revenue (in millions)
$
192

$

$

 
 
 
 
Per basic share
$
1.72

$

$

Per diluted share
$
1.70

$

$


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