General form of registration statement for all companies including face-amount certificate companies

Quarterly Selected Financial Data (Unaudited) (in thousands, except per share data)

v2.4.0.8
Quarterly Selected Financial Data (Unaudited) (in thousands, except per share data)
 12 Months Ended
Dec. 31, 2012
Quarterly Selected Financial Data (Unaudited) (in thousands, except per share data)
13. Quarterly Selected Financial Data (Unaudited) (in thousands, except per share data)

 

    First Quarter     Second Quarter     Third Quarter     Fourth Quarter  
    2012     2011     2012     2011     2012     2011     2012     2011  

Total revenue

   $ 515,430      $ 495,510      $ 583,234      $ 568,586      $ 674,411      $ 666,634      $ 503,171      $ 488,594   

Operating income

     46,444        37,504        87,006        76,250        174,138        160,019        49,505        42,339   

Net income (loss)

     3,284        (7,933 )      36,031        29,224        128,188        107,509        1,053 (1)      (1,941 ) 

Earnings (loss) per share:

                

Basic and Diluted

   $ 0.02      $ (0.04 )    $ 0.20      $ 0.16      $ 0.72      $ 0.60      $ 0.01      $ (0.01 ) 

The seasonality of the North American cruise industry generally results in the greatest demand for cruises during the summer months. This predictable seasonality in demand has resulted in fluctuations in our revenue and results of operations. The seasonality of our results is increased due to ships being taken out of service for regularly scheduled Dry-docks, which we typically schedule during non-peak demand periods.

 

(1) Includes a non-recurring share-based compensation charge of $4.5 million related to a former CEO.