Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue        
Total revenue $ 2,205,492 $ 1,187,181 $ 4,027,431 $ 1,709,121
Cruise operating expense        
Total cruise operating expense 1,383,610 1,073,316 2,664,028 1,808,729
Other operating expense        
Marketing, general and administrative 352,222 329,080 688,235 625,287
Depreciation and amortization 197,115 181,587 391,905 360,663
Total other operating expense 549,337 510,667 1,080,140 985,950
Operating income (loss) 272,545 (396,802) 283,263 (1,085,558)
Non-operating income (expense)        
Interest expense, net (177,692) (144,377) (348,949) (472,062)
Other income (expense), net (8,043) 30,991 (16,998) 69,111
Total non-operating income (expense) (185,735) (113,386) (365,947) (402,951)
Net income (loss) before income taxes 86,810 (510,188) (82,684) (1,488,509)
Income tax benefit (expense) (694) 867 9,479 (3,526)
Net income (loss) $ 86,116 $ (509,321) $ (73,205) $ (1,492,035)
Weighted-average shares outstanding        
Basic (in shares) 424,178,775 419,107,330 423,421,203 418,424,753
Diluted (in shares) 461,075,240 419,107,330 423,421,203 418,424,753
Earnings (loss) per share        
Basic (in dollars per share) $ 0.20 $ (1.22) $ (0.17) $ (3.57)
Diluted (in dollars per share) $ 0.20 $ (1.22) $ (0.17) $ (3.57)
Passenger ticket        
Revenue        
Total revenue $ 1,478,474 $ 793,892 $ 2,687,315 $ 1,136,347
Commissions, transportation and other        
Cruise operating expense        
Total cruise operating expense 506,855 256,190 916,539 344,148
Onboard and other        
Revenue        
Total revenue 727,018 393,289 1,340,116 572,774
Cruise operating expense        
Total cruise operating expense 161,880 96,155 281,577 128,705
Payroll and related        
Cruise operating expense        
Total cruise operating expense 308,220 262,580 612,375 503,307
Fuel        
Cruise operating expense        
Total cruise operating expense 164,242 181,189 359,110 316,698
Food        
Cruise operating expense        
Total cruise operating expense 87,770 61,157 183,736 100,673
Other        
Cruise operating expense        
Total cruise operating expense $ 154,643 $ 216,045 $ 310,691 $ 415,198