Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.20.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue    
Total revenue $ 1,246,882 $ 1,403,630
Cruise operating expense    
Payroll and related 247,147 223,107
Fuel 125,024 98,253
Total cruise operating expense 994,260 826,651
Other operating expense    
Marketing, general and administrative 270,689 248,942
Depreciation and amortization 198,197 169,741
Impairment loss 1,607,797  
Total other operating expense 2,076,683 418,683
Operating income (loss) (1,824,061) 158,296
Non-operating income (expense)    
Interest expense, net (68,907) (73,503)
Other income (expense), net 5,823 (434)
Total non-operating income (expense) (63,084) (73,937)
Net income (loss) before income taxes (1,887,145) 84,359
Income tax benefit 6,173 33,798
Net income (loss) $ (1,880,972) $ 118,157
Weighted-average shares outstanding    
Basic (in shares) 213,630,798 217,241,473
Diluted (in shares) 213,630,798 218,873,272
Earnings (loss) per share    
Basic (in dollars per share) $ (8.80) $ 0.54
Diluted (in dollars per share) $ (8.80) $ 0.54
Passenger ticket    
Revenue    
Total revenue $ 840,791 $ 973,273
Onboard and other    
Revenue    
Total revenue 406,091 430,357
Cruise operating expense    
Total cruise operating expense 74,973 79,413
Commissions, transportation and other    
Cruise operating expense    
Total cruise operating expense 332,368 229,264
Food    
Cruise operating expense    
Total cruise operating expense 49,216 55,045
Other    
Cruise operating expense    
Total cruise operating expense $ 165,532 $ 141,569