| Accumulated Other Comprehensive Income (Loss) |
|
4. |
Accumulated Other Comprehensive Income (Loss) |
Accumulated other comprehensive income (loss) for the year ended December 31, 2017 was as follows (in thousands):
| |
|
Accumulated
Other
Comprehensive
Income (Loss) |
|
|
Change
Related to
Cash Flow
Hedges |
|
|
Change
Related to
Shipboard
Retirement
Plan |
|
| Accumulated other comprehensive income (loss) at beginning of year |
|
$ |
(314,473 |
) |
|
$ |
(307,618 |
) |
|
$ |
(6,855 |
) |
| Current period other comprehensive income before reclassifications |
|
|
304,226 |
|
|
|
304,684 |
|
|
|
(458 |
) |
| Amounts reclassified |
|
|
37,213 |
|
|
|
36,795 |
(1) |
|
|
418 |
(2) |
| Accumulated other comprehensive income (loss) at end of year |
|
$ |
(26,966 |
) |
|
$ |
33,861 |
(3) |
|
$ |
(6,895 |
) |
|
(1) |
We refer you to Note 8—“Fair Value Measurements and Derivatives” for the affected line items in the consolidated statements of operations. |
|
(2) |
Amortization of prior-service cost and actuarial loss reclassified to payroll and related expense. |
|
(3) |
Of the existing amounts related to derivatives designated as cash flow hedges, approximately $9.4 million of gain is expected to be reclassified into earnings in the next 12 months. |
Accumulated other comprehensive income (loss) for the year ended December 31, 2016 was as follows (in thousands):
| |
|
Accumulated
Other
Comprehensive
Income (Loss) |
|
|
Change
Related to
Cash Flow
Hedges |
|
|
Change
Related to
Shipboard
Retirement
Plan |
|
| Accumulated other comprehensive income (loss) at beginning of year |
|
$ |
(412,650 |
) |
|
$ |
(405,298 |
) |
|
$ |
(7,352 |
) |
| Current period other comprehensive income before reclassifications |
|
|
1,776 |
|
|
|
1,711 |
|
|
|
65 |
|
| Amounts reclassified |
|
|
96,401 |
|
|
|
95,969 |
(1) |
|
|
432 |
(2) |
| Accumulated other comprehensive income (loss) at end of year |
|
$ |
(314,473 |
) |
|
$ |
(307,618 |
) |
|
$ |
(6,855 |
) |
|
(1) |
We refer you to Note 8—“Fair Value Measurements and Derivatives” for the affected line items in the consolidated statements of operations. |
|
(2) |
Amortization of prior-service cost and actuarial loss reclassified to payroll and related expense. |
Accumulated other comprehensive income (loss) for the year ended December 31, 2015 was as follows (in thousands):
| |
|
Accumulated
Other
Comprehensive
Income (Loss) |
|
|
Change
Related to
Cash Flow
Hedges |
|
|
Change
Related to
Shipboard
Retirement
Plan |
|
| Accumulated other comprehensive income (loss) at beginning of year |
|
$ |
(242,642 |
) |
|
$ |
(234,188 |
) |
|
$ |
(8,454 |
) |
| Current period other comprehensive income (loss) before reclassifications |
|
|
(262,227 |
) |
|
|
(262,852 |
) |
|
|
625 |
|
| Amounts reclassified |
|
|
92,219 |
|
|
|
91,742 |
(1) |
|
|
477 |
(2) |
| Accumulated other comprehensive income (loss) at end of year |
|
$ |
(412,650 |
) |
|
$ |
(405,298 |
) |
|
$ |
(7,352 |
) |
|
(1) |
We refer you to Note 8—“Fair Value Measurements and Derivatives” for the affected line items in the consolidated statements of operations. |
|
(2) |
Amortization of prior-service cost and actuarial loss reclassified to payroll and related expense. |
|