Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.23.3
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue        
Total revenue $ 2,536,037 $ 1,615,510 $ 6,563,468 $ 3,324,631
Cruise operating expense        
Total cruise operating expense 1,482,746 1,238,898 4,146,774 3,047,627
Other operating expense        
Marketing, general and administrative 325,365 375,291 1,013,600 1,000,578
Depreciation and amortization 204,608 186,551 596,513 547,214
Total other operating expense 529,973 561,842 1,610,113 1,547,792
Operating income (loss) 523,318 (185,230) 806,581 (1,270,788)
Non-operating income (expense)        
Interest expense, net (181,201) (152,330) (530,150) (624,392)
Other income (expense), net 12,060 31,461 (4,938) 100,572
Total non-operating income (expense) (169,141) (120,869) (535,088) (523,820)
Net income (loss) before income taxes 354,177 (306,099) 271,493 (1,794,608)
Income tax benefit (expense) (8,309) 10,705 1,170 7,179
Net income (loss) $ 345,868 $ (295,394) $ 272,663 $ (1,787,429)
Weighted-average shares outstanding        
Basic (in shares) 425,398,415 420,798,538 424,087,517 419,224,710
Diluted (in shares) 511,585,445 420,798,538 460,819,375 419,224,710
Earnings (loss) per share        
Basic (in dollars per share) $ 0.81 $ (0.70) $ 0.64 $ (4.26)
Diluted (in dollars per share) $ 0.71 $ (0.70) $ 0.62 $ (4.26)
Passenger ticket        
Revenue        
Total revenue $ 1,733,594 $ 1,105,908 $ 4,420,909 $ 2,242,255
Commissions, transportation and other        
Cruise operating expense        
Total cruise operating expense 546,026 352,798 1,462,565 696,946
Onboard and other        
Revenue        
Total revenue 802,443 509,602 2,142,559 1,082,376
Cruise operating expense        
Total cruise operating expense 188,694 126,740 470,271 255,445
Payroll and related        
Cruise operating expense        
Total cruise operating expense 323,862 287,390 936,237 790,697
Fuel        
Cruise operating expense        
Total cruise operating expense 170,893 186,984 530,003 503,682
Food        
Cruise operating expense        
Total cruise operating expense 87,839 76,810 271,575 177,483
Other        
Cruise operating expense        
Total cruise operating expense $ 165,432 $ 208,176 $ 476,123 $ 623,374