Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.8.0.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Schedule of reconciliation between basic and diluted EPS
    Year Ended December 31,  
    2017     2016     2015  
Net income   $ 759,872     $ 633,085     $ 427,137  
Basic weighted-average shares outstanding     228,040,825       227,121,875       226,591,437  
Potentially dilutive shares     1,377,501       728,411       3,448,695  
Diluted weighted-average shares outstanding     229,418,326       227,850,286       230,040,132  
Basic EPS   $ 3.33     $ 2.79     $ 1.89  
Diluted EPS   $ 3.31     $ 2.78     $ 1.86  
Schedule of estimated residual values of ships
Useful Life
Ships 30 years
Computer hardware and software 3-10 years
Other property and equipment 3-40 years
Leasehold improvements Shorter of lease term or asset life
Ship improvements Shorter of asset life or life of the ship
Schedule of revenues by destination
    Year Ended December 31,  
    2017     2016     2015  
North America   $ 3,285,903     $ 3,132,208     $ 2,743,007  
Europe     1,347,381       1,148,403       1,120,705  
Asia-Pacific     394,631       196,978       198,131  
Other     368,260       396,751       283,205  
Total Revenues   $ 5,396,175     $ 4,874,340     $ 4,345,048