Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.4.0.3
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue    
Passenger ticket $ 740,112 $ 670,483
Onboard and other 337,520 267,699
Total revenue 1,077,632 938,182
Cruise operating expense    
Commissions, transportation and other 175,437 171,827
Onboard and other 63,965 58,645
Payroll and related 177,143 157,629
Fuel 81,672 87,374
Food 51,003 41,851
Other 115,261 106,374
Total cruise operating expense 664,481 623,700
Other operating expense    
Marketing, general and administrative 180,574 154,157
Depreciation and amortization 101,295 99,976
Total other operating expense 281,869 254,133
Operating income 131,282 60,349
Non-operating income (expense)    
Interest expense, net (59,754) (50,989)
Other income (expense) 2,805 (30,139)
Total non-operating income (expense) (56,949) (81,128)
Net income (loss) before income taxes 74,333 (20,779)
Income tax expense (1,104) (677)
Net income (loss) $ 73,229 $ (21,456)
Weighted-average shares outstanding    
Basic 227,239,533 224,301,117
Diluted 228,112,035 224,301,117
Earnings (loss) per share    
Basic $ 0.32 $ (0.10)
Diluted $ 0.32 $ (0.10) [1]
[1] Due to a net loss, excludes 4,745,812 shares as including these would be antidilutive.