Annual report pursuant to Section 13 and 15(d)

Schedule II Valuation and Qualifying Accounts

v3.20.4
Schedule II Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2020
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II Valuation and Qualifying Accounts

Norwegian Cruise Line Holdings Ltd.

Schedule II Valuation and Qualifying Accounts (in thousands)

Additions

    

    

Charged to

    

    

    

 

Balance

costs and

Charged to 

Balance

Description

12/31/17

 

expenses

 

other accounts

Deductions (a)

 

12/31/18

Valuation allowance on deferred tax assets

$

42,154

$

$

276

$

(506)

$

41,924

    

    

Charged to 

    

    

    

 

Balance

costs and

Charged to 

Balance

Description

12/31/18

 

expenses

 

other accounts

Deductions (a)

 

12/31/19

Valuation allowance on deferred tax assets

$

41,924

$

$

$

(36,077)

$

5,847

    

    

Charged to 

    

Charged to 

    

    

Balance

costs and

other

Balance

Description

 

12/31/19

 

expenses

 

accounts (b)

Deductions (a)

 

12/31/20

Valuation allowance on deferred tax assets

$

5,847

$

$

38,150

$

(1,121)

$

42,876

(a) Amount relates to (i) utilization of deferred tax assets, (ii) revaluation of deferred tax assets from their functional currency to U.S. dollars and (iii) reversal of valuation allowances.
(b) Amount relates to a valuation allowance on net U.S. deferred tax assets.