Earnings Per Share

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

A reconciliation between basic and diluted earnings per share is as follows (in thousands, except per share data):

	Year Ended December 31,
	2019		2018		2017
Net Income attributable to Royal Caribbean Cruises Ltd. for basic and diluted earnings per share	$	1,878,887	$	1,811,042	$	1,625,133
Weighted-average common shares outstanding	209,405		210,570		214,617
Dilutive effect of stock-based awards	525		984		1,077
Diluted weighted-average shares outstanding	209,930		211,554		215,694
Basic earnings per share	$	8.97	$	8.60	$	7.57
Diluted earnings per share	$	8.95	$	8.56	$	7.53

There were no antidilutive shares for the years ended December 31, 2019, 2018 and 2017.