XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total revenues $ 1,059,231 $ 42,014
Cruise operating expenses:    
Total cruise operating expenses 1,184,769 283,487
Marketing, selling and administrative expenses 394,030 258,041
Depreciation and amortization expenses 339,467 310,166
Impairment and credit losses (recoveries) 173 (449)
Operating Loss (859,208) (809,231)
Other income (expense):    
Interest income 3,322 4,861
Interest expense, net of interest capitalized (277,659) (272,514)
Equity investment loss (31,059) (59,871)
Other (expense) income (2,538) 5,033
Total other income (expense) (307,934) (322,491)
Net Loss $ (1,167,142) $ (1,131,722)
Loss per Share:    
Basic (in dollars per share) $ (4.58) $ (4.66)
Diluted (in dollars per share) $ (4.58) $ (4.66)
Weighted-Average Shares Outstanding:    
Basic (in shares) 254,821 243,004
Diluted (in shares) 254,821 243,004
Comprehensive Loss    
Net Loss $ (1,167,142) $ (1,131,722)
Net Loss (1,167,142) (1,131,722)
Other comprehensive income:    
Foreign currency translation adjustments 7,778 9,722
Change in defined benefit plans 12,597 10,463
Gain on cash flow derivative hedges 195,901 10,302
Total other comprehensive income 216,276 30,487
Comprehensive Loss (950,866) (1,101,235)
Passenger ticket revenues    
Total revenues 651,858 20,844
Onboard and other revenues    
Total revenues 407,373 21,170
Cruise operating expenses:    
Total cruise operating expenses 74,439 4,481
Commissions, transportation and other    
Cruise operating expenses:    
Total cruise operating expenses 150,343 2,949
Payroll and related    
Cruise operating expenses:    
Total cruise operating expenses 349,618 96,636
Food    
Cruise operating expenses:    
Total cruise operating expenses 100,184 8,472
Fuel    
Cruise operating expenses:    
Total cruise operating expenses 188,480 41,822
Other operating    
Cruise operating expenses:    
Total cruise operating expenses $ 321,705 $ 129,127