Norwegian Cruise Line Holdings Ltd. Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2018

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) for the three months ended March 31, 2018 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	$	26,966		$	33,861		$	(6,895	)
Current period other comprehensive income before reclassifications		48,576			48,576			—
Amounts reclassified into earnings		(1,680	)		(1,785	)(1)		105	(2)
Accumulated other comprehensive income (loss) at end of period	$	73,862		$	80,652	(3)	$	(6,790	)

(1)

We refer you to Note 7— “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 other income (expense).

(3)

Includes $9.5 million of gain expected to be reclassified into earnings in the next 12 months.

Accumulated other comprehensive income (loss) for the three months ended March 31, 2017 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	$	(314,473	)	$	(307,618	)	$	(6,855	)
Current period other comprehensive income before reclassifications		(7,283	)		(7,283	)		—
Amounts reclassified into earnings		9,810			9,705	(1)		105	(2)
Accumulated other comprehensive income (loss) at end of period	$	(311,946	)	$	(305,196	)	$	(6,750	)

(1)

We refer you to Note 7— “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.