Royal Caribbean Cruise Lines 2006 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2006 Royal Caribbean Cruise Lines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 44

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44

NOTE 15. QUARTERLY SELECTED FINANCIAL DATA (UNAUDITED)
First Quarter Second Quarter Third Quarter Fourth Quarter
(In thousands, except per share data) 2006 2005 2006 2005 2006 2005 2006 2005
Total revenues $1,146,536 $1,168,077 $1,292,984 $1,203,242 $1,636,851 $1,502,215 $1,153,215 $1,029,640
Operating income1$ 141,051 $ 201,178 $ 184,244 $ 214,135 $ 419,609 $ 400,456 $ 113,542 $ 55,796
Income (loss) before
cumulative effect
of a change in
accounting
principle $ 119,499 $ 137,118 $ 122,427 $ 155,240 $ 345,372 $ 374,711 $ 46,624 $ (3,604)
Cumulative effect
of a change in
accounting
principle1–52,491 ––––––
Net income (loss) $ 119,499 $ 189,609 $ 122,427 $ 155,240 $ 345,372 $ 374,711 $ 46,624 $ (3,604)
Basic earnings (loss)
per share:
Income (loss)
before cumulative
effect of a change
in accounting
principle $ 0.57 $ 0.68 $ 0.58 $ 0.76 $ 1.66 $ 1.79 $ 0. 22 $ (0.02)
Cumulative effect
of a change in
accounting
principle1–0.26 ––––––
Net income (loss) $ 0.57 $ 0.94 $ 0.58 $ 0.76 $ 1.66 $ 1.79 $ 0.22 $ (0.02)
Diluted earnings (loss)
per share:
Income (loss) before
cumulative effect
of a change
in accounting
principle $ 0.55 $ 0.64 $ 0.57 $ 0.72 $ 1.63 $ 1.64 $ 0.22 $ (0.02)
Cumulative effect
of a change
in accounting
principle1–0.22 ––––––
Net income (loss) $ 0.55 $ 0.86 $ 0.57 $ 0.72 $ 1.63 $ 1.64 $ 0.22 $ (0.02)
Dividends declared
per share: $ 0.15 $ 0.13 $ 0.15 $ 0.13 $ 0.15 $ 0.15 $ 0.15 $ 0.15
1In the third quarter of 2005, we changed our method of accounting for drydocking costs. (See Note 2.
Summary of Significant Accounting Policies
)
ROYAL CARIBBEAN CRUISES LTD. 39
Notes to the Consolidated Financial Statements (Continued)