Originally Posted by
crash312
From JB's APC profile page:
Profit Sharing: Profit Sharing: Pilots receive pro rata share of the 10% of adjusted pretax income before profit sharing and special items up to a pre-tax margin of 18%. The result is reduced by 5% of eligible compensation. If the Company’s resulting pre-tax margin exceeds 18%, Pilots will receive profit sharing based on their pro rata share of 20% of profits above the 18% pre- tax margin computed as above.