XML 24 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows From Operating Activities    
Net income $ 10,917 $ 625
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,045 3,763
Amortization of National Geographic fee 727 727
Amortization of deferred financing costs and other, net 608 552
Stock-based compensation 866 4,202
Deferred income taxes 347 (2,073)
Loss (gain) on foreign currency 451 (246)
Changes in operating assets and liabilities    
Marine operating supplies and inventories (400) 116
Prepaid expenses and other current assets (1,754) (1,358)
Unearned passenger revenues (939) 4,261
Write-off of unamortized issuance costs related to debt refinancing 359
Other long-term assets 10 29
Other long-term liabilities 8
Accounts payable and accrued expenses (5,727) (7,861)
Net cash provided by operating activities 10,518 2,737
Cash Flows From Investing Activities    
Purchases of property and equipment (14,502) (22,844)
Transfer to restricted cash and marketable securities (13,180) (4,411)
Net cash used in investing activities (27,682) (27,255)
Cash Flows From Financing Activities    
Proceeds from long-term debt 200,000
Repayments of long-term debt (170,625) (438)
Payment of deferred financing costs (6,297)
Repurchase under stock-based compensation plans and related tax impacts (4,179) (1,103)
Repurchase of warrants and common stock (854) (5,572)
Net cash provided by (used in) financing activities 18,045 (7,113)
Effect of exchange rate changes on cash (40) (3)
Net increase (decrease) in cash and cash equivalents 841 (31,634)
Cash and cash equivalents at beginning of period 96,443 135,416
Cash and cash equivalents at end of period 97,284 103,782
Cash paid during the period:    
Interest 3,012 2,601
Income taxes 45 12
Non-cash investing and financing activities:    
Additional paid-in capital exercise proceeds of option shares 1,682 168
Additional paid-in capital exchange proceeds used for option shares $ (1,682) $ (168)