XML 39 R29.htm IDEA: XBRL DOCUMENT v3.10.0.1
Business Combination - Schedule of Assets and Liabilities (Details)
$ in Thousands
Sep. 30, 2018
USD ($)
Jul. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Assets      
Goodwill $ 1,374,923   $ 288,512
Liabilities      
Cash held as collateral   $ 32,000  
Number of ships under capital leases 2    
Intangible assets $ 490,760    
Silversea Cruises      
Assets      
Cash and cash equivalents   103,865  
Trade and other receivables, net   5,640  
Inventories   19,004  
Prepaid expenses and other assets [1]   119,920  
Derivative financial instruments   2,886  
Property and equipment, net [2]   1,109,467  
Goodwill   1,086,539  
Other assets [3]   494,657  
Total assets acquired   2,941,978  
Liabilities      
Current portion of long-term debt [4]   26,851  
Accounts payable   36,960  
Customer deposits   453,798  
Long-term debt [4]   727,935  
Other long-term liabilities   12,320  
Total liabilities assumed   1,340,208  
Redeemable noncontrolling interest   537,770  
Total purchase price   $ 1,064,000  
Number of ships under capital leases   2  
Capital leases assets   $ 140,000  
Intangible assets   490,800  
Accrued interest | Silversea Cruises      
Liabilities      
Current liabilities, other   1,773  
Accrued expenses and other liabilities | Silversea Cruises      
Liabilities      
Current liabilities, other   $ 80,571  
[1] Amount includes $32.0 million of cash held as collateral with credit card processors.
[2] Property and equipment, net includes two ships under capital lease agreements amounting to $140.0 million. The respective capital lease liabilities are reported within Long-term debt. Refer to Note 8. Debt for further information on the capital lease financing arrangements.
[3] Amount includes $490.8 million of intangible assets. Refer to Note 4. Goodwill and Intangible Assets for further information on the intangible assets acquired.
[4] Refer to Note 8. Debt for further information on long-term debt assumed.