Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.21.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue        
Total revenue $ 153,081 $ 6,518 $ 160,549 $ 1,270,329
Cruise operating expense        
Total cruise operating expense 439,756 190,157 890,338 1,486,069
Other operating expense        
Marketing, general and administrative 229,142 156,656 617,820 558,781
Depreciation and amortization 173,289 177,488 517,867 554,937
Impairment loss       1,607,797
Total other operating expense 402,431 334,144 1,135,687 2,721,515
Operating loss (689,106) (517,783) (1,865,476) (2,937,255)
Non-operating income (expense)        
Interest expense, net (161,205) (139,664) (1,122,905) (323,108)
Other income (expense), net 4,720 (23,680) 57,464 (32,275)
Total non-operating income (expense) (156,485) (163,344) (1,065,441) (355,383)
Net loss before income taxes (845,591) (681,127) (2,930,917) (3,292,638)
Income tax benefit (expense) (294) 3,761 (2,949) 19,057
Net loss $ (845,885) $ (677,366) $ (2,933,866) $ (3,273,581)
Weighted-average shares outstanding        
Basic (in shares) 370,016,479 271,435,350 356,591,143 241,578,995
Diluted (in shares) 370,016,479 271,435,350 356,591,143 241,578,995
Loss per share        
Basic (in dollars per share) $ (2.29) $ (2.50) $ (8.23) $ (13.55)
Diluted (in dollars per share) $ (2.29) $ (2.50) $ (8.23) $ (13.55)
Passenger ticket        
Revenue        
Total revenue $ 86,127 $ 4,667 $ 87,877 $ 859,293
Commissions, transportation and other        
Cruise operating expense        
Total cruise operating expense 32,338 4,038 47,935 371,007
Onboard and other        
Revenue        
Total revenue 66,954 1,851 72,672 411,036
Cruise operating expense        
Total cruise operating expense 19,306 4,728 21,841 82,889
Payroll and related        
Cruise operating expense        
Total cruise operating expense 154,440 65,571 323,225 441,462
Fuel        
Cruise operating expense        
Total cruise operating expense 79,238 48,224 175,931 222,240
Food        
Cruise operating expense        
Total cruise operating expense 16,672 3,426 27,314 59,639
Other        
Cruise operating expense        
Total cruise operating expense $ 137,762 $ 64,170 $ 294,092 $ 308,832