Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

v3.4.0.3
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 154,867 $ 115,937
Accounts receivable, net 45,613 44,996
Inventories 62,383 58,173
Prepaid expenses and other assets 130,053 121,305
Total current assets 392,916 340,411
Property and equipment, net 9,489,153 9,458,805
Goodwill 1,388,931 1,388,931
Tradenames 817,525 817,525
Other long-term assets 317,214 259,085
Total assets 12,405,739 12,264,757
Current liabilities:    
Current portion of long-term debt 629,953 629,840
Accounts payable 54,250 51,369
Accrued expenses and other liabilities 606,161 640,568
Due to Affiliate 20,976 20,769
Advance ticket sales 1,178,749 1,023,973
Total current liabilities 2,490,089 2,366,519
Long-term debt 5,670,144 5,767,697
Other long-term liabilities 317,895 349,661
Total liabilities $ 8,478,128 $ 8,483,877
Commitments and contingencies (Note 7)
Shareholders' equity:    
Ordinary shares, $.001 par value; 490,000,000 shares authorized; 232,313,393 shares issued and 227,001,432 shares outstanding at March 31, 2016 and 232,179,786 shares issued and 227,815,301 shares outstanding at December 31, 2015 $ 232 $ 232
Additional paid-in capital 3,832,929 3,814,536
Accumulated other comprehensive income (loss) (307,542) (412,650)
Retained earnings 641,247 568,018
Treasury shares (5,311,961 and 4,364,485 ordinary shares at March 31, 2016 and December 31, 2015, respectively, at cost) (239,255) (189,256)
Total shareholders' equity 3,927,611 3,780,880
Total liabilities and shareholders' equity $ 12,405,739 $ 12,264,757