Earnings (Loss) Per Share (Tables)

9 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Reconciliation Between Basic and Diluted Earnings (Loss) Per Share

Basic and diluted earnings (loss) per share is as follows (in thousands, except per share data):

	Quarter Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Net Income (Loss) attributable to Royal Caribbean Cruises Ltd. for basic earnings (loss) per share	$	1,009,076	$	32,968	$	1,419,927	$	(1,655,756)
Add convertible notes interest	20,269		—		67,605		—
Net Income (Loss) attributable to Royal Caribbean Cruises Ltd. for diluted earnings (loss) per share	1,029,345		32,968		1,487,532		(1,655,756)
Weighted-average common shares outstanding	256,188		255,071		255,822		254,953
Dilutive effect of stock-based awards	857		307		586		—
Dilutive effect of convertible notes	24,831		—		27,439		—
Diluted weighted-average shares outstanding	281,876		255,378		283,847		254,953
Basic earnings (loss) per share	$	3.94	$	0.13	$	5.55	$	(6.49)
Diluted earnings (loss) per share	$	3.65	$	0.13	$	5.24	$	(6.49)