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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Total revenues $ 2,337,605 $ 2,195,274 $ 4,365,361 $ 4,203,834
Cruise operating expenses:        
Total cruise operating expenses 1,314,411 1,256,785 2,490,430 2,432,609
Marketing, selling and administrative expenses 312,923 283,855 650,284 601,320
Depreciation and amortization expenses 253,376 234,937 493,606 470,686
Operating Income 456,895 419,697 731,041 699,219
Other income (expense):        
Interest income 13,098 5,811 20,831 12,063
Interest expense, net of interest capitalized (81,864) (76,632) (149,742) (156,949)
Equity investment income 44,311 23,359 73,063 35,239
Other income (expense) 33,855 (2,709) 9,755 (5,320)
Total other income (expense) 9,400 (50,171) (46,093) (114,967)
Net Income $ 466,295 $ 369,526 $ 684,948 $ 584,252
Earnings per Share:        
Basic (in dollars per share) $ 2.20 $ 1.72 $ 3.23 $ 2.72
Diluted (in dollars per share) $ 2.19 $ 1.71 $ 3.21 $ 2.71
Weighted-Average Shares Outstanding:        
Basic (in shares) 211,673 215,085 212,139 214,978
Diluted (in shares) 212,509 216,062 213,079 215,944
Comprehensive Income        
Net Income $ 466,295 $ 369,526 $ 684,948 $ 584,252
Other comprehensive income (loss):        
Foreign currency translation adjustments (11,521) 5,979 (10,361) 8,321
Change in defined benefit plans (1,964) (3,649) 5,796 (4,290)
(Loss) gain on cash flow derivative hedges (68,900) 128,954 73,630 151,415
Total other comprehensive (loss) income (82,385) 131,284 69,065 155,446
Comprehensive Income 383,910 500,810 754,013 739,698
Passenger ticket revenues        
Total revenues 1,672,570 1,581,385 3,098,214 2,999,608
Onboard and other revenues        
Total revenues 665,035 613,889 1,267,147 1,204,226
Cruise operating expenses:        
Total cruise operating expenses 142,240 132,437 241,777 238,431
Commissions, transportation and other        
Cruise operating expenses:        
Total cruise operating expenses 358,305 340,331 648,914 650,579
Payroll and related        
Cruise operating expenses:        
Total cruise operating expenses 226,315 210,362 453,471 426,097
Food        
Cruise operating expenses:        
Total cruise operating expenses 128,383 121,764 248,025 242,975
Fuel        
Cruise operating expenses:        
Total cruise operating expenses 172,309 170,748 332,650 348,162
Other operating        
Cruise operating expenses:        
Total cruise operating expenses $ 286,859 $ 281,143 $ 565,593 $ 526,365