Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.10.0.1
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Schedule of reconciliation between basic and diluted earnings per share
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2018     2017     2018     2017  
Net income   $ 470,378     $ 400,692     $ 800,209     $ 661,075  
Basic weighted-average shares outstanding     221,511,630       228,267,307       224,033,156       227,891,916  
Dilutive effect of share awards     1,241,108       1,549,649       1,389,229       1,265,341  
Diluted weighted-average shares outstanding     222,752,738       229,816,956       225,422,385       229,157,257  
Basic earnings per share   $ 2.12     $ 1.76     $ 3.57     $ 2.90  
Diluted earnings per share   $ 2.11     $ 1.74     $ 3.55     $ 2.88  
Schedule of revenues by destination
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2018     2017     2018     2017  
North America   $ 997,550     $ 873,062     $ 2,724,298     $ 2,493,101  
Europe     763,680       679,168       1,227,046       1,125,274  
Asia-Pacific     77,986       79,439       499,377       268,383  
Other     19,140       20,069       223,212       259,864  
Total revenue   $ 1,858,356     $ 1,651,738     $ 4,673,933     $ 4,146,622  
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   $ 298,435     $ (59,881 )   $ 238,554  
Total assets   $ 15,316,122     $ (59,881 )   $ 15,256,241  
Advance ticket sales   $ 1,648,742     $ (59,881 )   $ 1,588,861  
Total liabilities and shareholders’ equity   $ 15,316,122     $ (59,881 )   $ 15,256,241  
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   $ (34,668 )   $ 8,282     $ (26,386 )
Advance ticket sales   $ 316,268     $ (8,282 )   $ 307,986  
Net cash provided by operating activities   $ 1,720,101     $     $ 1,720,101