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(Loss) Earnings Per Share | 12 Months Ended
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Dec. 31, 2020
Earnings Per Share [Abstract] |
(Loss) Earnings Per Share | Note 14. (Loss) Earnings Per Share A reconciliation between basic and diluted earnings per share is as follows (in thousands, except per share data):
| Year Ended December 31,
| 2020 |  | 2019 |  | 2018
Net (Loss) Income attributable to Royal Caribbean Cruises Ltd. for basic and diluted (loss) earnings per share | $ | (5,797,462) |  |  | $ | 1,878,887 |  |  | $ | 1,811,042 |
Weighted-average common shares outstanding | 214,335 |  |  | 209,405 |  |  | 210,570 |
Dilutive effect of stock-based awards | — |  |  | 525 |  |  | 984 |
Diluted weighted-average shares outstanding | 214,335 |  |  | 209,930 |  |  | 211,554 |
Basic (loss) earnings per share | $ | (27.05) |  |  | $ | 8.97 |  |  | $ | 8.60 |
Diluted (loss) earnings per share | $ | (27.05) |  |  | $ | 8.95 |  |  | $ | 8.56 |
There were approximately 282,118 antidilutive shares for the year ended December 31, 2020, compared to no antidilutive shares for the years ended December 31, 2019 and 2018. Since the Company expects to settle in cash the principal outstanding under our convertible notes that mature in 2023, we currently use the treasury stock method when calculating their potential dilutive effect, if any. While no shares of the convertible notes are currently convertible, they would be anti-dilutive for the year ended December 31, 2020.

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