Norwegian Cruise Line Holdings Ltd. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Quarterly Selected Financial Data (Unaudited) (in thousands, except per share data)

Quarterly Selected Financial Data (Unaudited) (in thousands, except per share data)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Selected Financial Data (Unaudited) (in thousands, except per share data)

17.	Quarterly Selected Financial Data (Unaudited) (in thousands, except per share data)


	First Quarter				Second Quarter				Third Quarter				Fourth Quarter
	2019		2018		2019		2018		2019		2018		2019		2018
Total revenue	$	1,403,630	$	1,293,403	$	1,664,277	$	1,522,174	$	1,913,851	$	1,858,356	$	1,480,618	$	1,381,193
Operating income	$	158,296	$	167,053	$	308,681	$	292,152	$	511,724	$	550,276	$	199,376	$	209,580
Net income	$	118,157	$	103,155	$	240,190	$	226,676	$	450,584	$	470,378	$	121,297	$	154,634
Earnings per share:
Basic	$	0.54	$	0.45	$	1.11	$	1.02	$	2.10	$	2.12	$	0.57	$	0.70
Diluted	$	0.54	$	0.45	$	1.11	$	1.01	$	2.09	$	2.11	$	0.56	$	0.70

The seasonality of the North American cruise industry generally results in the greatest demand for cruises during the Northern Hemisphere’s summer months. This predictable seasonality in demand has resulted in fluctuations in our revenue and results of operations. The seasonality of our results is increased due to ships being taken out of service for regularly scheduled Dry-docks, which we typically scheduled during non-peak demand periods.