Consolidated Statements of Operations - USD ($) $ in Thousands |
12 Months Ended |
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
| Revenue |
|
|
|
| Total revenue |
$ 6,462,376
|
$ 6,055,126
|
$ 5,396,175
|
| Cruise operating expense |
|
|
|
| Payroll and related |
924,157
|
881,606
|
803,632
|
| Fuel |
409,602
|
392,685
|
361,032
|
| Total cruise operating expense |
3,663,261
|
3,377,076
|
3,063,644
|
| Other operating expense |
|
|
|
| Marketing, general and administrative |
974,850
|
897,929
|
773,755
|
| Depreciation and amortization |
646,188
|
561,060
|
509,957
|
| Total other operating expense |
1,621,038
|
1,458,989
|
1,283,712
|
| Operating income |
1,178,077
|
1,219,061
|
1,048,819
|
| Non-operating income (expense) |
|
|
|
| Interest expense, net |
(272,867)
|
(270,404)
|
(267,804)
|
| Other income (expense), net |
6,155
|
20,653
|
(10,401)
|
| Total non-operating income (expense) |
(266,712)
|
(249,751)
|
(278,205)
|
| Net income before income taxes |
911,365
|
969,310
|
770,614
|
| Income tax benefit (expense) |
18,863
|
(14,467)
|
(10,742)
|
| Net income |
$ 930,228
|
$ 954,843
|
$ 759,872
|
| Weighted-average shares outstanding |
|
|
|
| Basic (in shares) |
214,929,977
|
223,001,739
|
228,040,825
|
| Diluted (in shares) |
216,475,076
|
224,419,205
|
229,418,326
|
| Earnings per share |
|
|
|
| Basic (in dollars per share) |
$ 4.33
|
$ 4.28
|
$ 3.33
|
| Diluted (in dollars per share) |
$ 4.30
|
$ 4.25
|
$ 3.31
|
| Commissions, transportation and other |
|
|
|
| Cruise operating expense |
|
|
|
| Total cruise operating expense |
$ 1,120,886
|
$ 998,948
|
$ 894,406
|
| Passenger ticket |
|
|
|
| Revenue |
|
|
|
| Total revenue |
4,517,393
|
4,259,815
|
3,750,030
|
| Onboard and other |
|
|
|
| Revenue |
|
|
|
| Total revenue |
1,944,983
|
1,795,311
|
1,646,145
|
| Cruise operating expense |
|
|
|
| Total cruise operating expense |
394,673
|
348,656
|
319,293
|
| Food |
|
|
|
| Cruise operating expense |
|
|
|
| Total cruise operating expense |
222,602
|
216,031
|
198,357
|
| Other |
|
|
|
| Cruise operating expense |
|
|
|
| Total cruise operating expense |
$ 591,341
|
$ 539,150
|
$ 486,924
|