Summary of Significant Accounting Policies (Tables)
|
3 Months Ended |
Mar. 31, 2018 |
|---|
| Accounting Policies [Abstract] |
|
| Schedule of reconciliation between basic and diluted earnings per share |
| |
|
Three Months Ended
March 31, |
|
| |
|
2018 |
|
|
2017 |
|
| Net income |
|
$ |
103,155 |
|
|
$ |
61,910 |
|
| Basic weighted-average shares outstanding |
|
|
227,343,577 |
|
|
|
227,468,526 |
|
| Dilutive effect of share awards |
|
|
1,844,051 |
|
|
|
1,087,426 |
|
| Diluted weighted-average shares outstanding |
|
|
229,187,628 |
|
|
|
228,555,952 |
|
| Basic earnings per share |
|
$ |
0.45 |
|
|
$ |
0.27 |
|
| Diluted earnings per share |
|
$ |
0.45 |
|
|
$ |
0.27 |
|
|
| Schedule of revenues by destination |
| |
|
Three Months Ended
March 31, |
|
| |
|
2018 |
|
|
2017 |
|
| North America |
|
$ |
875,179 |
|
|
$ |
850,671 |
|
| Europe |
|
|
31,070 |
|
|
|
26,162 |
|
| Asia-Pacific |
|
|
267,718 |
|
|
|
133,430 |
|
| Other |
|
|
119,436 |
|
|
|
140,518 |
|
| |
|
$ |
1,293,403 |
|
|
$ |
1,150,781 |
|
|
| Schedule of impacts of Topic 606 adoption on consolidated balance sheet |
| |
|
As reported |
|
|
Adjustments |
|
|
Balances without
adoption of Topic
606 |
|
| Prepaid expenses and other assets |
|
$ |
337,441 |
|
|
$ |
(68,230 |
) |
|
$ |
269,211 |
|
| Total assets |
|
|
14,484,985 |
|
|
|
(68,230 |
) |
|
|
14,416,755 |
|
| Advance ticket sales |
|
|
1,720,505 |
|
|
|
(68,230 |
) |
|
|
1,652,275 |
|
| Total liabilities and shareholders’ equity |
|
$ |
14,484,985 |
|
|
$ |
(68,230 |
) |
|
$ |
14,416,755 |
|
|
| Schedule of impacts of adoption of Topic 606 on consolidated statement of cash flows |
| |
|
As reported |
|
|
Adjustments |
|
|
Balances without
adoption of Topic
606 |
|
| Changes in operating assets and liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
| Prepaid expenses and other assets |
|
$ |
(45,709 |
) |
|
$ |
16,631 |
|
|
$ |
(29,078 |
) |
| Advance ticket sales |
|
|
375,638 |
|
|
|
(16,631 |
) |
|
|
359,007 |
|
| Net cash provided by operating activities |
|
$ |
610,761 |
|
|
$ |
— |
|
|
$ |
610,761 |
|
|