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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Total revenues $ 2,806,631 $ 2,337,605 $ 5,246,398 $ 4,365,361
Cruise operating expenses:        
Total cruise operating expenses 1,544,504 1,314,411 2,958,208 2,490,430
Marketing, selling and administrative expenses 376,874 312,923 791,821 650,284
Depreciation and amortization expenses 311,600 253,376 603,885 493,606
Operating Income 573,653 456,895 892,484 731,041
Other income (expense):        
Interest income 6,342 13,098 16,126 20,831
Interest expense, net of interest capitalized (111,304) (81,864) (211,719) (149,742)
Equity investment income 33,045 44,311 66,739 73,063
Other (expense) income (21,781) 33,855 (26,869) 9,755
Total other income (expense) (93,698) 9,400 (155,723) (46,093)
Net Income 479,955 466,295 736,761 684,948
Less: Net Income attributable to noncontrolling interest 7,125 0 14,250 0
Net Income attributable to Royal Caribbean Cruises Ltd. $ 472,830 $ 466,295 $ 722,511 $ 684,948
Earnings per Share:        
Basic (in dollars per share) $ 2.26 $ 2.20 $ 3.45 $ 3.23
Diluted (in dollars per share) $ 2.25 $ 2.19 $ 3.44 $ 3.21
Weighted-Average Shares Outstanding:        
Basic (in shares) 209,531 211,673 209,427 212,139
Diluted (in shares) 210,052 212,509 209,962 213,079
Other comprehensive income (loss):        
Foreign currency translation adjustments $ 7,263 $ (11,521) $ 7,827 $ (10,361)
Change in defined benefit plans (9,722) (1,964) (10,375) 5,796
Loss on cash flow derivative hedges (71,734) (68,900) (22,891) 73,630
Total other comprehensive loss (74,193) (82,385) (25,439) 69,065
Comprehensive Income 405,762 383,910 711,322 754,013
Less: Comprehensive Income attributable to noncontrolling interest 7,125 0 14,250 0
Comprehensive Income attributable to Royal Caribbean Cruises Ltd. 398,637 383,910 697,072 754,013
Passenger ticket revenues        
Total revenues 2,017,836 1,672,570 3,727,820 3,098,214
Onboard and other revenues        
Total revenues 788,795 665,035 1,518,578 1,267,147
Cruise operating expenses:        
Total cruise operating expenses 174,429 142,240 309,599 241,777
Commissions, transportation and other        
Cruise operating expenses:        
Total cruise operating expenses 426,934 358,305 790,089 648,914
Payroll and related        
Cruise operating expenses:        
Total cruise operating expenses 265,569 226,315 535,101 453,471
Food        
Cruise operating expenses:        
Total cruise operating expenses 146,847 128,383 286,381 248,025
Fuel        
Cruise operating expenses:        
Total cruise operating expenses 181,924 172,309 342,095 332,650
Other operating        
Cruise operating expenses:        
Total cruise operating expenses $ 348,801 $ 286,859 $ 694,943 $ 565,593