XML 63 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)        
Passenger ticket revenues $ 1,366,713 $ 1,332,207 $ 2,760,491 $ 2,684,445
Onboard and other revenues 516,054 488,797 1,033,496 971,039
Total revenues 1,882,767 1,821,004 3,793,987 3,655,484
Cruise operating expenses:        
Commissions, transportation and other 316,506 307,697 639,443 628,435
Onboard and other 140,710 130,981 262,197 238,576
Payroll and related 208,975 206,519 418,898 416,633
Food 112,530 109,300 232,013 222,925
Fuel 232,471 237,961 474,123 466,955
Other operating 312,427 303,556 579,135 577,602
Total cruise operating expenses 1,323,619 1,296,014 2,605,809 2,551,126
Marketing, selling and administrative expenses 259,626 247,571 533,660 512,172
Depreciation and amortization expenses 186,184 180,514 375,548 359,906
Operating Income 113,338 96,905 278,970 232,280
Other income (expense):        
Interest income 3,405 4,972 7,152 11,318
Interest expense, net of interest capitalized (86,877) (89,106) (177,059) (181,772)
Other expense (5,119) (16,424) (8,090) (18,515)
Total other income (expense) (88,591) (100,558) (177,997) (188,969)
Net Income (Loss) 24,747 (3,653) 100,973 43,311
Earnings (Loss) per Share:        
Basic (in dollars per share) $ 0.11 $ (0.02) $ 0.46 $ 0.20
Diluted (in dollars per share) $ 0.11 $ (0.02) $ 0.46 $ 0.20
Weighted-Average Shares Outstanding:        
Basic (in shares) 219,502 217,866 219,301 217,725
Diluted (in shares) 220,648 217,866 220,596 219,217
Comprehensive Income (Loss)        
Net Income (Loss) 24,747 (3,653) 100,973 43,311
Other comprehensive income (loss):        
Foreign currency translation adjustments (1,551) (12,361) (5,795) (9,021)
Change in defined benefit plans 5,293   5,293  
Gain (loss) on cash flow derivative hedges 17,542 (288,252) (5,058) (140,782)
Total other comprehensive income (loss) 21,284 (300,613) (5,560) (149,803)
Comprehensive Income (Loss) $ 46,031 $ (304,266) $ 95,413 $ (106,492)