2017 Q1 Form 10-Q Financial Statement

#000088488717000033 Filed on April 28, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $2.009B $1.918B
YoY Change 4.73% 5.63%
Cost Of Revenue $1.176B $1.242B
YoY Change -5.3% 1.55%
Gross Profit $832.7M $676.2M
YoY Change 23.15% 14.04%
Gross Profit Margin 41.46% 35.26%
Selling, General & Admin $317.5M $302.3M
YoY Change 5.01% 5.4%
% of Gross Profit 38.12% 44.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $235.7M $210.8M
YoY Change 11.81% 5.14%
% of Gross Profit 28.3% 31.17%
Operating Expenses $317.5M $302.3M
YoY Change 5.01% 5.4%
Operating Profit $279.5M $163.1M
YoY Change 71.35% 54.36%
Interest Expense $80.32M $65.45M
YoY Change 22.72% -6.72%
% of Operating Profit 28.73% 40.12%
Other Income/Expense, Net -$64.80M -$63.99M
YoY Change 1.26% 5.85%
Pretax Income $214.7M $99.10M
YoY Change 116.65% 119.25%
Income Tax
% Of Pretax Income
Net Earnings $214.7M $99.14M
YoY Change 116.59% 119.19%
Net Earnings / Revenue 10.69% 5.17%
Basic Earnings Per Share $1.00 $0.46
Diluted Earnings Per Share $0.99 $0.46
COMMON SHARES
Basic Shares Outstanding 214.9M shares 216.9M shares
Diluted Shares Outstanding 215.8M shares 217.9M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $109.0M $117.0M
YoY Change -6.84% -49.13%
Cash & Equivalents $109.3M $117.4M
Short-Term Investments
Other Short-Term Assets $246.0M $401.0M
YoY Change -38.65% 34.11%
Inventory $108.4M $121.4M
Prepaid Expenses
Receivables $293.0M $253.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $756.7M $892.3M
YoY Change -15.2% -6.19%
LONG-TERM ASSETS
Property, Plant & Equipment $19.86B $18.83B
YoY Change 5.48% 3.27%
Goodwill $288.5M $286.9M
YoY Change 0.56% -29.25%
Intangibles
YoY Change
Long-Term Investments $515.0M $307.0M
YoY Change 67.75% -15.66%
Other Assets $1.111B $955.5M
YoY Change 16.31% -25.4%
Total Long-Term Assets $21.26B $20.07B
YoY Change 5.93% 0.77%
TOTAL ASSETS
Total Short-Term Assets $756.7M $892.3M
Total Long-Term Assets $21.26B $20.07B
Total Assets $22.02B $20.96B
YoY Change 5.03% 0.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $363.0M $371.9M
YoY Change -2.38% 10.39%
Accrued Expenses $634.0M $525.6M
YoY Change 20.64% 0.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.666B $895.0M
YoY Change 86.15% -17.81%
Total Short-Term Liabilities $5.272B $4.398B
YoY Change 19.87% 1.42%
LONG-TERM LIABILITIES
Long-Term Debt $6.558B $7.807B
YoY Change -16.0% 5.66%
Other Long-Term Liabilities $637.3M $871.0M
YoY Change -26.83% -20.03%
Total Long-Term Liabilities $637.3M $871.0M
YoY Change -26.83% -20.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.272B $4.398B
Total Long-Term Liabilities $637.3M $871.0M
Total Liabilities $5.909B $5.269B
YoY Change 12.15% -2.88%
SHAREHOLDERS EQUITY
Retained Earnings $7.972B $6.963B
YoY Change 14.49% 6.23%
Common Stock $3.341B $3.301B
YoY Change 1.2% 1.25%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.153B $1.053B
YoY Change 9.49% 62.12%
Treasury Stock Shares 20.02M shares 18.70M shares
Shareholders Equity $9.267B $7.888B
YoY Change
Total Liabilities & Shareholders Equity $22.02B $20.96B
YoY Change 5.03% 0.45%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $214.7M $99.14M
YoY Change 116.59% 119.19%
Depreciation, Depletion And Amortization $235.7M $210.8M
YoY Change 11.81% 5.14%
Cash From Operating Activities $796.5M $477.9M
YoY Change 66.67% 12.07%
INVESTING ACTIVITIES
Capital Expenditures $122.8M $249.8M
YoY Change -50.86% -17.99%
Acquisitions
YoY Change
Other Investing Activities $2.440M $7.111M
YoY Change -65.69% 88.12%
Cash From Investing Activities $123.6M -$236.7M
YoY Change -152.21% -40.75%
FINANCING ACTIVITIES
Cash Dividend Paid $102.9M $162.9M
YoY Change -36.8% 23.64%
Common Stock Issuance & Retirement, Net $0.00 $200.0M
YoY Change -100.0%
Debt Paid & Issued, Net $1.840B $1.382B
YoY Change 33.14% 135.44%
Cash From Financing Activities -$944.4M -$246.8M
YoY Change 282.71% -1355.59%
NET CHANGE
Cash From Operating Activities $796.5M $477.9M
Cash From Investing Activities $123.6M -$236.7M
Cash From Financing Activities -$944.4M -$246.8M
Net Change In Cash -$24.27M -$5.612M
YoY Change 332.43% -112.07%
FREE CASH FLOW
Cash From Operating Activities $796.5M $477.9M
Capital Expenditures $122.8M $249.8M
Free Cash Flow $673.7M $228.1M
YoY Change 195.43% 87.26%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q1 dei Amendment Flag
AmendmentFlag
false
CY2017Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2017Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2017Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
CY2017Q1 dei Document Period End Date
DocumentPeriodEndDate
2017-03-31
CY2017Q1 dei Document Type
DocumentType
10-Q
CY2017Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000884887
CY2017Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
215074998 shares
CY2017Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2017Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2017Q1 dei Entity Registrant Name
EntityRegistrantName
ROYAL CARIBBEAN CRUISES LTD
CY2016Q1 rcl Common Stock Dividend Declared Prior Quarter Paid Current Quarter
CommonStockDividendDeclaredPriorQuarterPaidCurrentQuarter
0.375
CY2017Q1 rcl Common Stock Dividend Declared Prior Quarter Paid Current Quarter
CommonStockDividendDeclaredPriorQuarterPaidCurrentQuarter
0.48
CY2016Q1 rcl Cost Of Onboard And Other
CostOfOnboardAndOther
103654000 USD
CY2017Q1 rcl Cost Of Onboard And Other
CostOfOnboardAndOther
105994000 USD
CY2016Q1 rcl Cruise Commissions Transportation And Other
CruiseCommissionsTransportationAndOther
324890000 USD
CY2017Q1 rcl Cruise Commissions Transportation And Other
CruiseCommissionsTransportationAndOther
310248000 USD
CY2017Q1 rcl Maximum Length Of Time Hedged In Derivative Contract
MaximumLengthOfTimeHedgedInDerivativeContract
P3Y
CY2017Q1 rcl Number Of Cruise Brands
NumberOfCruiseBrands
3 brand
CY2017Q1 rcl Number Of Months Considered To Determine Requirement Of Prepayment Of Debts
NumberOfMonthsConsideredToDetermineRequirementOfPrepaymentOfDebts
P24M
CY2017Q1 rcl Numberof Derivatives Matured
NumberofDerivativesMatured
2 derivative
CY2016Q1 rcl Onboard And Other
OnboardAndOther
539628000 USD
CY2017Q1 rcl Onboard And Other
OnboardAndOther
590337000 USD
CY2016Q1 rcl Port Costs Included In Revenues
PortCostsIncludedInRevenues
144400000 USD
CY2017Q1 rcl Port Costs Included In Revenues
PortCostsIncludedInRevenues
134500000 USD
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
305313000 USD
CY2017Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
362992000 USD
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
692322000 USD
CY2017Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
634009000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-916484000 USD
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-892322000 USD
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3328517000 USD
CY2017Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
3338269000 USD
CY2016Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
12365000 USD
CY2017Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
13256000 USD
CY2016Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2017Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2016Q4 us-gaap Assets
Assets
22310324000 USD
CY2017Q1 us-gaap Assets
Assets
22017257000 USD
CY2016Q4 us-gaap Assets Current
AssetsCurrent
748305000 USD
CY2017Q1 us-gaap Assets Current
AssetsCurrent
756689000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
121565000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
117360000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
132603000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
109309000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
132603000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
109309000 USD
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-4205000 USD
CY2017Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-23294000 USD
CY2016Q1 us-gaap Cash Dividends Paid To Parent Company By Unconsolidated Subsidiaries
CashDividendsPaidToParentCompanyByUnconsolidatedSubsidiaries
791000 USD
CY2017Q1 us-gaap Cash Dividends Paid To Parent Company By Unconsolidated Subsidiaries
CashDividendsPaidToParentCompanyByUnconsolidatedSubsidiaries
27997000 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.375
CY2015Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
CY2016Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
234613486 shares
CY2017Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
235079606 shares
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
2346000 USD
CY2017Q1 us-gaap Common Stock Value
CommonStockValue
2351000 USD
CY2016Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
105013000 USD
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
238888000 USD
CY2016Q1 us-gaap Cost Of Revenue
CostOfRevenue
1241578000 USD
CY2017Q1 us-gaap Cost Of Revenue
CostOfRevenue
1175824000 USD
CY2016Q1 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
227441000 USD
CY2017Q1 us-gaap Cost Of Services Direct Labor
CostOfServicesDirectLabor
215735000 USD
CY2016Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
1965473000 USD
CY2017Q1 us-gaap Customer Deposits Current
CustomerDepositsCurrent
2301579000 USD
CY2016Q1 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
827000 USD
CY2017Q1 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
610000 USD
CY2016Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
210764000 USD
CY2017Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
235749000 USD
CY2016Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
19397000 USD
CY2017Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
16297000 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2017Q1 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
19397000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
16297000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
373497000 USD
CY2017Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
357973000 USD
CY2016Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
14455000 USD
CY2017Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
13812000 USD
CY2016Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
346887000 USD
CY2017Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
333160000 USD
CY2016Q4 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
7213000 USD
CY2017Q1 us-gaap Derivative Liability Collateral Right To Reclaim Cash Offset
DerivativeLiabilityCollateralRightToReclaimCashOffset
8516000 USD
CY2016Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
19397000 USD
CY2017Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
16297000 USD
CY2016Q4 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
146592000 USD
CY2017Q1 us-gaap Derivative Liability Fair Value Gross Liability Including Not Subject To Master Netting Arrangement
DerivativeLiabilityFairValueGrossLiabilityIncludingNotSubjectToMasterNettingArrangement
153820000 USD
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.00
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.99
CY2016Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1407000 USD
CY2017Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
974000 USD
CY2017Q1 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
8500000 USD
CY2016Q1 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
121510000 USD
CY2017Q1 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
121211000 USD
CY2016Q1 us-gaap Fuel Costs
FuelCosts
175862000 USD
CY2017Q1 us-gaap Fuel Costs
FuelCosts
177414000 USD
CY2016Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0 USD
CY2017Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
30902000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
288386000 USD
CY2017Q1 us-gaap Goodwill
Goodwill
288470000 USD
CY2016Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
21026000 USD
CY2017Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11880000 USD
CY2016Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
68515000 USD
CY2017Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
56373000 USD
CY2016Q1 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
178316000 USD
CY2017Q1 us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
333735000 USD
CY2016Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
42564000 USD
CY2017Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
45206000 USD
CY2016Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-274000 USD
CY2017Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5391000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
6726000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
6930000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-54871000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-57344000 USD
CY2016Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
54441000 USD
CY2017Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
32083000 USD
CY2016Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
-10094000 USD
CY2017Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
828000 USD
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
955000 shares
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
943000 shares
CY2016Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
2720000 USD
CY2017Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
6252000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
65446000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
80317000 USD
CY2016Q1 us-gaap Interest Paid Net
InterestPaidNet
18670000 USD
CY2017Q1 us-gaap Interest Paid Net
InterestPaidNet
24296000 USD
CY2016Q4 us-gaap Interest Payable Current
InterestPayableCurrent
46166000 USD
CY2017Q1 us-gaap Interest Payable Current
InterestPayableCurrent
91372000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
114087000 USD
CY2017Q1 us-gaap Inventory Net
InventoryNet
108427000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22310324000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
22017257000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4441601000 USD
CY2017Q1 us-gaap Liabilities Current
LiabilitiesCurrent
5271742000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8101701000 USD
CY2017Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
6841403000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1285735000 USD
CY2017Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1727970000 USD
CY2016Q4 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.405
CY2017Q1 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.443
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-246762000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-944394000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-236746000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
123600000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
477896000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
796526000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
99140000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
214726000 USD
CY2016Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-63987000 USD
CY2017Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-64796000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
163127000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
279522000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1112206000 USD
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1111402000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-96808000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-29491000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
2737000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
22461000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
6648000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2342000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5873000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
24162000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
3512000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
641000 USD
CY2016Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
288221000 USD
CY2017Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
245222000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
645610000 USD
CY2017Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
637282000 USD
CY2016Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-22287000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-2611000 USD
CY2016Q1 us-gaap Passenger Revenue
PassengerRevenue
1378167000 USD
CY2017Q1 us-gaap Passenger Revenue
PassengerRevenue
1418223000 USD
CY2016Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
7111000 USD
CY2017Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2440000 USD
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
200040000 USD
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2016Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
22566000 USD
CY2017Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10383000 USD
CY2016Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
162890000 USD
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
102942000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
249840000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
122783000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
209716000 USD
CY2017Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
245978000 USD
CY2016Q1 us-gaap Proceeds From Collection Of Advance To Affiliate
ProceedsFromCollectionOfAdvanceToAffiliate
7104000 USD
CY2017Q1 us-gaap Proceeds From Collection Of Advance To Affiliate
ProceedsFromCollectionOfAdvanceToAffiliate
5011000 USD
CY2016Q1 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
13101000 USD
CY2017Q1 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
13812000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1519000000 USD
CY2017Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1006000000 USD
CY2016Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
659000 USD
CY2017Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
1233000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2017Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
230000000 USD
CY2016Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1345000 USD
CY2017Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2100000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20161427000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
19860696000 USD
CY2016Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
291899000 USD
CY2017Q1 us-gaap Receivables Net Current
ReceivablesNetCurrent
292975000 USD
CY2016Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-102681000 USD
CY2017Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-53653000 USD
CY2016Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
3501000 USD
CY2017Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
3713000 USD
CY2016Q1 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
4391000 USD
CY2017Q1 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
12615000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7860341000 USD
CY2016Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1382270000 USD
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1840402000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7971840000 USD
CY2016Q1 us-gaap Revenues
Revenues
1917795000 USD
CY2017Q1 us-gaap Revenues
Revenues
2008560000 USD
CY2016Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
302326000 USD
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
317465000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5765000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
17262000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
9121412000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
9266830000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
20019237 shares
CY2017Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
20019237 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
1153308000 USD
CY2017Q1 us-gaap Treasury Stock Value
TreasuryStockValue
1153308000 USD
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
217869000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215813000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
216914000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214870000 shares
CY2017Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the three months ended March 31, 2016, restructuring charges of </font><font style="font-family:inherit;font-size:10pt;">$0.3 million</font><font style="font-family:inherit;font-size:10pt;">, have been reclassified into </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Marketing, selling and administrative expenses</font><font style="font-family:inherit;font-size:10pt;"> in the consolidated statements of comprehensive income (loss) in order to conform to the current year presentation. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the three months ended March 31, 2016, share-based compensation expense of </font><font style="font-family:inherit;font-size:10pt;">$5.8 million</font><font style="font-family:inherit;font-size:10pt;">, equity investment income of </font><font style="font-family:inherit;font-size:10pt;">$21.0 million</font><font style="font-family:inherit;font-size:10pt;"> and amortization of debt issuance costs of </font><font style="font-family:inherit;font-size:10pt;">$6.7 million</font><font style="font-family:inherit;font-size:10pt;">, have been reclassified in the consolidated statements of cash flows from </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other, net</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Share-based compensation expense</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Equity investment income</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Amortization of debt issuance costs</font><font style="font-family:inherit;font-size:10pt;">, respectively, within </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Net cash provided by operating activities</font><font style="font-family:inherit;font-size:10pt;"> in order to conform to the current year presentation. </font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">For the three months ended March 31, 2016, amortization of debt issuance costs of </font><font style="font-family:inherit;font-size:10pt;">$3.9 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$1.8 million</font><font style="font-family:inherit;font-size:10pt;">, have been reclassified from </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Increase in prepaid expenses and other assets</font><font style="font-family:inherit;font-size:10pt;"> and from </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Decrease in accrued expenses and other liabilities</font><font style="font-family:inherit;font-size:10pt;">, respectively, in the consolidated statements of cash flows to </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Amortization of debt issuance costs</font><font style="font-family:inherit;font-size:10pt;">, within </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Net cash provided by operating activities</font><font style="font-family:inherit;font-size:10pt;"> in order to conform to the current year presentation.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, for the three months ended March 31, 2016, </font><font style="font-family:inherit;font-size:10pt;">$0.8 million</font><font style="font-family:inherit;font-size:10pt;"> has been reclassified in the consolidated statements of cash flows from </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Other, net </font><font style="font-family:inherit;font-size:10pt;">to </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Dividends received from unconsolidated affiliates</font><font style="font-family:inherit;font-size:10pt;"> within </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Net cash provided by operating activities</font><font style="font-family:inherit;font-size:10pt;"> in order to conform to the current year presentation.</font></div></div>

Files In Submission

Name View Source Status
0000884887-17-000033-index-headers.html Edgar Link pending
0000884887-17-000033-index.html Edgar Link pending
0000884887-17-000033.txt Edgar Link pending
0000884887-17-000033-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
rcl-20170331.xml Edgar Link completed
rcl-20170331.xsd Edgar Link pending
rcl-20170331_cal.xml Edgar Link unprocessable
rcl-20170331_def.xml Edgar Link unprocessable
rcl-20170331_lab.xml Edgar Link unprocessable
rcl-20170331_pre.xml Edgar Link unprocessable
rcl-3312017x10q.htm Edgar Link pending
rcl-3312017xexhibit311.htm Edgar Link pending
rcl-3312017xexhibit312.htm Edgar Link pending
rcl-3312017xexhibit321.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending