Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (Unaudited)

v3.7.0.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue    
Passenger ticket $ 786,694 $ 740,112
Onboard and other 364,087 337,520
Total revenue 1,150,781 1,077,632
Cruise operating expense    
Commissions, transportation and other 194,140 175,437
Onboard and other 68,411 63,965
Payroll and related 192,636 177,143
Fuel 88,886 81,672
Food 46,178 51,003
Other 129,547 115,261
Total cruise operating expense 719,798 664,481
Other operating expense    
Marketing, general and administrative 192,044 180,574
Depreciation and amortization 119,205 101,295
Total other operating expense 311,249 281,869
Operating income 119,734 131,282
Non-operating income (expense)    
Interest expense, net (52,960) (59,754)
Other income (expense), net (2,815) 2,805
Total non-operating income (expense) (55,775) (56,949)
Net income before income taxes 63,959 74,333
Income tax expense (2,049) (1,104)
Net income $ 61,910 $ 73,229
Weighted-average shares outstanding    
Basic (in shares) 227,468,526 227,239,533
Diluted (in shares) 228,555,952 228,112,035
Earnings per share    
Basic (in dollars per share) $ 0.27 $ 0.32
Diluted (in dollars per share) $ 0.27 $ 0.32