(Loss) Per Share

6 Months Ended

Jun. 30, 2021

Note 5. (Loss) Per Share

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


	Quarter Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Net (Loss) attributable to Royal Caribbean Cruises Ltd. for basic and diluted loss per share	$	(1,347,255)	$	(1,639,292)	$	(2,478,977)	$	(3,083,771)
Weighted-average common shares outstanding	254,577		209,385		248,823		209,241
Diluted weighted-average shares outstanding	254,577		209,385		248,823		209,241
Basic (loss) per share	$	(5.29)	$	(7.83)	$	(9.96)	$	(14.74)
Diluted (loss) per share	$	(5.29)	$	(7.83)	$	(9.96)	$	(14.74)

There were approximately 445,000 and 449,000 antidilutive shares for the quarter and six months ended June 30, 2021, respectively, compared to 421,000 and 662,000 for the quarter and six months ended June 30, 2020, respectively.

Since the Company expects to settle in cash the principal outstanding on the convertible notes that mature in 2023, we currently use the treasury stock method when calculating their potential dilutive effect, if any. While the criteria for conversion of the convertible notes has not been met, the shares that would be issued upon conversion of the notes would be anti-dilutive for the quarter and six months ended June 30, 2021.