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Quarterly Selected Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Selected Financial Data
(In thousands, except per share data)
First QuarterSecond QuarterThird QuarterFourth Quarter
20202019202020192020201920202019
Total revenues(1)(2)
$2,032,750 $2,439,767 $175,605 $2,806,631 $(33,688)$3,186,850 $34,138 $2,517,413 
Operating (Loss) income$(1,306,407)$318,831 $(1,282,487)$573,653 $(996,114)$890,792 $(1,016,549)$299,425 
Net (Loss) Income attributable to Royal Caribbean Cruises Ltd.$(1,444,479)$249,681 $(1,639,292)$472,830 $(1,346,756)$883,240 $(1,366,935)$273,136 
(Loss) Earnings per share
Basic$(6.91)$1.19 $(7.83)$2.26 $(6.29)$4.21 $(6.09)$1.31 
Diluted$(6.91)$1.19 $(7.83)$2.25 $(6.29)$4.20 $(6.09)$1.30 
Dividends declared per share$0.78 $0.70 $— $0.70 $— $0.78 $— $0.78 
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(1)Our revenues are seasonal based on the demand for cruises. Demand is strongest for cruises during the Northern Hemisphere's summer months and holidays.
(2)Total revenues for the quarter ended September 30, 2020 includes a charge of $67.9 million that was recorded to Onboard and other revenues to correct cancellation revenue, for certain immaterial bookings, that was incorrectly recognized during the six months ended June 30, 2020. The charge is offsetting cancellation and other revenue recognized during the quarter ended September 30, 2020 and was considered immaterial to our financial statements.