2 unchanged sentences
Our common stock is listed on the New York Stock Exchange ("NYSE") under the symbol "RCL."
−Removed: As of February 22, 2021, there were 1,296 record holders of our common stock.
+Added: As of February 24, 2022, there were approximately 1,267 record holders of our common stock.
Since certain of our shares are held by brokers and other institutions on behalf of shareholders, the foregoing number is not representative of the number of beneficial owners.
6 unchanged sentences
In addition, in the event we thereafter declare a dividend, we will need to repay the amounts deferred under our export credit facilities as part of the principal amortization deferrals agreed with them during 2020 and 2021.
−Removed: Accordingly, we did not declare a dividend during the second, third and fourth quarters of 2020.
+Added: Accordingly, we have not declared a dividend since the first quarter of 2020.
Refer to Note 10 .
2 unchanged sentences
Share Repurchases
−Removed: There were no repurchases of common stock during the quarter ended December 31, 2020.
−Removed: As of December 31, 2020, the 24-month common stock repurchase program authorized by our board of directors on May 9, 2018 had expired.
+Added: There were no repurchases of common stock during the year ended December 31, 2021.
In connection with our debt covenant waivers, we agreed with certain of our lenders not to engage in stock repurchases until the end of the third quarter of 2022.
10 unchanged sentences
Past performance is not necessarily an indicator of future results.
−Removed: Selected Financial Data
−Removed: The selected consolidated financial data presented below for the years ended December 31, 2016 through December 31, 2020 and as of the end of each such year, except for Adjusted Net (Loss) Income amounts, are derived from our audited consolidated financial statements and should be read in conjunction with those financial statements and the related notes as well as in conjunction with Item 7.
−Removed: Management's Discussion and Analysis of Financial Condition and Results of Operations .
−Removed: Year Ended December 31,
−Removed: 2020 2019 2018 (1)
−Removed: (in thousands, except per share data)
−Removed: Operating Data:
−Removed: Total revenues $ 2,208,805 $ 10,950,661 $ 9,493,849 $ 8,777,845 $ 8,496,401
−Removed: Operating (Loss) Income $ (4,601,557) $ 2,082,701 $ 1,894,801 $ 1,744,056 $ 1,477,205
−Removed: Net (Loss) Income (3)
−Removed: $ (5,775,130) $ 1,907,600 $ 1,815,792 $ 1,625,133 $ 1,283,388
−Removed: Net (Loss) Income attributable to Royal Caribbean Cruises Ltd.
−Removed: $ (5,797,462) $ 1,878,887 $ 1,811,042 $ 1,625,133 $ 1,283,388
−Removed: Adjusted Net (Loss) Income attributable to Royal Caribbean Ltd.
−Removed: $ (3,924,579) $ 2,002,847 $ 1,873,363 $ 1,625,133 $ 1,314,689
−Removed: Per Share Data—Basic:
−Removed: Net (Loss) Income attributable to Royal Caribbean Cruises Ltd.
−Removed: $ (27.05) $ 8.97 $ 8.60 $ 7.57 $ 5.96
−Removed: Adjusted Net (Loss) Income attributable to Royal Caribbean Cruises Ltd.
−Removed: $ (18.31) $ 9.56 $ 8.90 $ 7.57 $ 6.10
−Removed: Weighted-average shares 214,335 209,405 210,570 214,617 215,393
−Removed: Per Share Data—Diluted:
−Removed: Net (Loss) Income attributable to Royal Caribbean Cruises Ltd.
−Removed: $ (27.05) $ 8.95 $ 8.56 $ 7.53 $ 5.93
−Removed: Adjusted Net (loss) Income attributable to Royal Caribbean Cruises Ltd.
−Removed: $ (18.31) $ 9.54 $ 8.86 $ 7.53 $ 6.08
−Removed: Weighted-average shares and potentially dilutive shares 214,335 209,930 211,554 215,694 216,316
−Removed: Dividends declared per common share $ 0.78 $ 2.96 $ 2.16 $ 1.71 $ 1.35
−Removed: Balance Sheet Data:
−Removed: Total assets (5) (6)
−Removed: $ 32,465,187 $ 30,320,284 $ 27,698,270 $ 22,360,926 $ 22,310,324
−Removed: Total debt, including commercial paper and capital leases $ 19,329,043 $ 11,034,876 $ 10,777,699 $ 7,539,451 $ 9,387,436
−Removed: Common stock $ 2,652 $ 2,365 $ 2,358 $ 2,352 $ 2,346
−Removed: Total shareholders' equity $ 8,760,669 $ 12,163,846 $ 11,105,461 $ 10,702,303 $ 9,121,412
−Removed: ___________________________________________________________________
−Removed: (1) On July 31, 2018, we acquired a 66.7% equity stake in Silversea Cruise Holding Ltd ("Silversea Cruises").
−Removed: Refer to Note 1 .
−Removed: General , Note 3.
−Removed: Business Combinations and Note 11 .
−Removed: Redeemable Noncontrolling Interest to our consolidated financial statements under Item 8.
−Removed: Financial Statements and Supplementary Data for information on the Silversea Cruises acquisition.
−Removed: (2) Operating Data and Per Share Data amounts in 2020 reflect the impact of our 2020 suspension of operations due to the COVID-19 pandemic, including impairment charges and credit losses of $1.6 billion incurred related to the impairment of goodwill and trademarks and trade names attributable to our Silversea Cruises reporting unit, and long-lived assets as well as credit losses mostly on receivables related to our sale of property and equipment.
−Removed: (3) Amount for 2017 includes a gain of $30.9 million related to the sale of Legend of the Seas .
−Removed: (4) For 2020, 2019 and 2018, refer to Financial Presentation and Results of Operations under Item 7.
−Removed: Management's Discussion and Analysis of Financial Condition and Results of Operations for the definition of Adjusted Net Income and a reconciliation of Adjusted Net Income to Net income.
−Removed: (5) We reclassified prepaid commissions of $64.6 million from Customer deposits to Prepaid expenses and other assets in our consolidated balance sheet as of December 31, 2017 in order to conform to the current year presentation.
−Removed: (6) Upon adoption of the new Lease accounting guidance effective January 1, 2019, we recognized right-of-use assets relating to operating leases within Operating lease right-of-use assets in our consolidated balance sheet.
−Removed: As of December 31, 2019, we reported Operating lease right-of-use assets of $687.6 million in our consolidated balance sheet.
−Removed: The comparative information presented has not been recast and continues to be reported under the accounting standards in effect for those periods.
−Removed: For further information on leases, refer to Note 10 .
−Removed: Leases, to our consolidated financial statements under Item 8.
−Removed: Financial Statements and Supplementary Data for further information.
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.