| Accumulated Other Comprehensive Income (Loss) |
| 5. |
Accumulated Other Comprehensive Income (Loss) |
Accumulated other comprehensive income (loss) for the year ended December 31, 2015 was as follows (in thousands):
| |
|
Accumulated
Other
Comprehensive
Income (Loss) |
|
|
Change
Related to
Cash Flow
Hedges |
|
|
Change
Related to
Shipboard
Retirement
Plan |
|
| Accumulated other comprehensive income (loss) at beginning of period |
|
$ |
(242,642 |
) |
|
$ |
(234,188 |
) |
|
$ |
(8,454 |
) |
| Current period other comprehensive loss before reclassifications |
|
|
(262,227 |
) |
|
|
(262,852 |
) |
|
|
625 |
|
| Amounts reclassified |
|
|
92,219 |
|
|
|
91,742 |
(1) |
|
|
477 |
(2) |
| Accumulated other comprehensive income (loss) at end of period |
|
$ |
(412,650 |
) |
|
$ |
(405,298 |
)(3) |
|
$ |
(7,352 |
) |
|
(1) |
We refer you to Note 9—“Fair Value Measurements and Derivatives” for the affected line items in the consolidated statements of operations. |
|
(2) |
Amortization of prior-service cost and actuarial loss reclassified to payroll and related expense. |
|
(3) |
Of the existing amounts related to derivatives designated as cash flow hedges, approximately $135.2 million of loss is expected to be reclassified into earnings in the next 12 months. |
Accumulated other comprehensive income (loss) for the year ended December 31, 2014 was as follows (in thousands):
| |
|
Accumulated
Other
Comprehensive
Income (Loss) |
|
|
Change
Related to
Cash Flow
Hedges |
|
|
Change
Related to
Shipboard
Retirement
Plan |
|
| Accumulated other comprehensive income (loss) at beginning of period |
|
$ |
(16,690 |
) |
|
$ |
(10,532 |
) |
|
$ |
(6,158 |
) |
| Current period other comprehensive loss before reclassifications |
|
|
(239,597 |
) |
|
|
(236,925 |
) |
|
|
(2,672 |
) |
| Amounts reclassified |
|
|
13,645 |
|
|
|
13,269 |
(1) |
|
|
376 |
(2) |
| Accumulated other comprehensive income (loss) at end of period |
|
$ |
(242,642 |
) |
|
$ |
(234,188 |
) |
|
$ |
(8,454 |
) |
|
(1) |
We refer you to Note 9—“Fair Value Measurements and Derivatives” for the affected line items in the consolidated statements of operations. |
|
(2) |
Amortization of prior-service cost and actuarial loss reclassified to payroll and related expense. |
Accumulated other comprehensive income (loss) for the year ended December 31, 2013 was as follows (in thousands):
| |
|
Accumulated
Other
Comprehensive
Income (Loss) |
|
|
Change
Related to
Cash Flow
Hedges |
|
|
Change
Related to
Shipboard
Retirement
Plan |
|
| Accumulated other comprehensive income (loss) at beginning of period |
|
$ |
(17,619 |
) |
|
$ |
(7,872 |
) |
|
$ |
(9,747 |
) |
| Current period other
comprehensive income before reclassifications |
|
|
6,104 |
|
|
|
3,177 |
|
|
|
2,927 |
|
| Amounts reclassified |
|
|
(5,175 |
) |
|
|
(5,837 |
)(1) |
|
|
662 |
(2) |
| Accumulated other comprehensive income (loss) at end of period |
|
$ |
(16,690 |
) |
|
$ |
(10,532 |
) |
|
$ |
(6,158 |
) |
|
(1) |
We refer you to Note 9—“Fair Value Measurements and Derivatives” for the affected line items in the consolidated statements of operations. |
|
(2) |
Amortization of prior-service cost and actuarial loss reclassified to payroll and related expense. |
|