|
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
|---|---|---|
|
Mar. 31, 2015
|
Mar. 31, 2014
|
|
| Cash flows from operating activities | ||
| Net income (loss) | $ (21,456)us-gaap_ProfitLoss | $ 51,692us-gaap_ProfitLoss |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation and amortization expense | 104,533us-gaap_DepreciationDepletionAndAmortization | 69,708us-gaap_DepreciationDepletionAndAmortization |
| Loss (gain) on derivatives | 29,027us-gaap_UnrealizedGainLossOnDerivatives | (75)us-gaap_UnrealizedGainLossOnDerivatives |
| Deferred income taxes, net | 60us-gaap_DeferredIncomeTaxExpenseBenefit | 1,027us-gaap_DeferredIncomeTaxExpenseBenefit |
| Contingent consideration | (9,100)nclh_ContingentConsideration | |
| Write-off of deferred financing fees | 195us-gaap_WriteOffOfDeferredDebtIssuanceCost | |
| Share-based compensation expense | 12,005us-gaap_ShareBasedCompensation | 1,835us-gaap_ShareBasedCompensation |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 1,474us-gaap_IncreaseDecreaseInAccountsReceivable | 260us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventories | (80)us-gaap_IncreaseDecreaseInInventories | (4,391)us-gaap_IncreaseDecreaseInInventories |
| Prepaid expenses and other assets | (6,044)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | (6,476)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Accounts payable | (17,455)us-gaap_IncreaseDecreaseInAccountsPayable | (7,198)us-gaap_IncreaseDecreaseInAccountsPayable |
| Accrued expenses and other liabilities | (49,493)us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities | 3,432us-gaap_IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities |
| Advance ticket sales | 255,556us-gaap_IncreaseDecreaseInCustomerAdvances | 118,320us-gaap_IncreaseDecreaseInCustomerAdvances |
| Net cash provided by operating activities | 299,222us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | 228,134us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash flows from investing activities | ||
| Additions to property and equipment | (58,563)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (746,310)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Net cash used in investing activities | (58,563)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (746,310)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash flows from financing activities | ||
| Repayments of long-term debt | (477,224)us-gaap_RepaymentsOfLongTermDebt | (258,125)us-gaap_RepaymentsOfLongTermDebt |
| Proceeds from long-term debt | 224,033us-gaap_ProceedsFromIssuanceOfLongTermDebt | 784,451us-gaap_ProceedsFromIssuanceOfLongTermDebt |
| Proceeds from the exercise of share options | 51,790us-gaap_ProceedsFromStockOptionsExercised | 340us-gaap_ProceedsFromStockOptionsExercised |
| Deferred financing fees and other | (2,660)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities | (197)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities |
| Net cash provided by (used in) financing activities | (204,061)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 526,469us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Net increase in cash and cash equivalents | 36,598us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | 8,293us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Cash and cash equivalents at beginning of period | 84,824us-gaap_CashAndCashEquivalentsAtCarryingValue | 56,467us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and cash equivalents at end of period | $ 121,422us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 64,760us-gaap_CashAndCashEquivalentsAtCarryingValue |
| X | ||||||||||
|
- Definition
Represents the information about Contingent consideration. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred income tax expense (benefit) pertaining to income (loss) from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate amount of accrued expenses and other operating obligations not separately disclosed in the statement of cash flows. No definition available.
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the amount of prepayments by customers for goods or services to be provided at a later date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from other financing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|