◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

TIDEWATER INC CIK: 98222 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001437749-21-011153
Period End Date 20210331
Filing Date 20210506
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance tdw20210331_10q_htm.xml
Balance Sheet 71 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $131.86M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $149.93M USD Point-in-time
Restricted cash RestrictedCashCurrent $9.06M USD Point-in-time
Restricted cash RestrictedCashCurrent $2.08M USD Point-in-time
Trade and other receivables, less allowance for credit losses of $2,136 and $1,516 at March 31, 2021 and December 31, 2020, respectively AccountsAndOtherReceivablesNetCurrent $99.86M USD Point-in-time
Trade and other receivables, less allowance for credit losses of $2,136 and $1,516 at March 31, 2021 and December 31, 2020, respectively AccountsAndOtherReceivablesNetCurrent $112.62M USD Point-in-time
Due from affiliate less allowance for credit losses of $71,595 and $71,800 at March 31, 2021 and December 31, 2020, respectively DueFromAffiliateCurrent $62.05M USD Point-in-time
Due from affiliate less allowance for credit losses of $71,595 and $71,800 at March 31, 2021 and December 31, 2020, respectively DueFromAffiliateCurrent $62.47M USD Point-in-time
Marine operating supplies Supplies $15.68M USD Point-in-time
Marine operating supplies Supplies $15.88M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $34.40M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 125.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 125.00M shares Point-in-time
Assets held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $31.21M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $11.69M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 40.70M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 40.73M shares Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $13.59M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 40.70M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 40.73M shares Point-in-time
Total current assets AssetsCurrent $388.65M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 40.26M shares Point-in-time
Total current assets AssetsCurrent $363.74M USD Point-in-time
Net properties and equipment PropertyPlantAndEquipmentNet $754.71M USD Point-in-time
Net properties and equipment PropertyPlantAndEquipmentNet $780.32M USD Point-in-time
Net properties and equipment PropertyPlantAndEquipmentNet $780.32M USD Point-in-time
Deferred drydocking and survey costs DeferredCosts $56.47M USD Point-in-time
Deferred drydocking and survey costs DeferredCosts $46.65M USD Point-in-time
Other assets OtherAssetsNoncurrent $25.74M USD Point-in-time
Other assets OtherAssetsNoncurrent $23.83M USD Point-in-time
Total assets Assets $1.25B USD Point-in-time
Total assets Assets $1.19B USD Point-in-time
Total assets Assets $1.25B USD Point-in-time
Accounts payable AccountsPayableCurrent $16.98M USD Point-in-time
Accounts payable AccountsPayableCurrent $14.62M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $48.47M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $52.42M USD Point-in-time
Due to affiliates DueToAffiliateCurrent $56.36M USD Point-in-time
Due to affiliates DueToAffiliateCurrent $53.19M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $18.20M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $27.80M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $35.00M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $32.78M USD Point-in-time
Total current liabilities LiabilitiesCurrent $172.65M USD Point-in-time
Total current liabilities LiabilitiesCurrent $183.18M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $148.34M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $164.93M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $79.23M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $79.79M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Common stock of $0.001 par value, 125,000,000 shares authorized, 40,731,777 and 40,704,984 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively CommonStockValue $41.00K USD Point-in-time
Common stock of $0.001 par value, 125,000,000 shares authorized, 40,731,777 and 40,704,984 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively CommonStockValue $41.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.37B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.37B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-584.25M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-548.93M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-875.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-804.00K USD Point-in-time
Total stockholders equity StockholdersEquity $822.12M USD Point-in-time
Total stockholders equity StockholdersEquity $787.77M USD Point-in-time
Noncontrolling interests MinorityInterest $945.00K USD Point-in-time
Noncontrolling interests MinorityInterest $1.16M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $823.27M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $788.71M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $998.90M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.25B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.19B USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $83.50M USD 1 Quarter
Revenue RevenueFromContractWithCustomerExcludingAssessedTax $116.37M USD 1 Quarter
Vessel operating costs DirectOperatingCosts $78.83M USD 1 Quarter
Vessel operating costs DirectOperatingCosts $61.02M USD 1 Quarter
Costs of other operating revenues OtherCostOfOperatingRevenue $2.67M USD 1 Quarter
Costs of other operating revenues OtherCostOfOperatingRevenue $1.07M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $16.04M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $21.42M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $29.73M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $27.11M USD 1 Quarter
Long-lived asset impairments AssetImpairmentCharges $10.21M USD 1 Quarter
Long-lived asset impairments AssetImpairmentCharges - USD 1 Quarter
(Gain) loss on asset dispositions, net GainLossOnDispositionOfAssets1 $5.33M USD 1 Quarter
(Gain) loss on asset dispositions, net GainLossOnDispositionOfAssets1 $-1.95M USD 1 Quarter
Costs and Expenses, Total CostsAndExpenses $109.81M USD 1 Quarter
Costs and Expenses, Total CostsAndExpenses $134.90M USD 1 Quarter
Operating loss OperatingIncomeLoss $-26.30M USD 1 Quarter
Operating loss OperatingIncomeLoss $-18.53M USD 1 Quarter
Foreign exchange gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $-850.00K USD 1 Quarter
Foreign exchange gain (loss) ForeignCurrencyTransactionGainLossBeforeTax $864.00K USD 1 Quarter
Equity in net losses of unconsolidated companies IncomeLossFromEquityMethodInvestments $-1.85M USD 1 Quarter
Equity in net losses of unconsolidated companies IncomeLossFromEquityMethodInvestments - USD 1 Quarter
Interest income and other, net InterestIncomeExpenseNonoperatingNet $116.00K USD 1 Quarter
Interest income and other, net InterestIncomeExpenseNonoperatingNet $23.00K USD 1 Quarter
Interest and other debt costs, net InterestAndOtherDebtCostsNet $4.54M USD 1 Quarter
Interest and other debt costs, net InterestAndOtherDebtCostsNet $6.14M USD 1 Quarter
Nonoperating Income (Expense), Total NonoperatingIncomeExpense $-7.22M USD 1 Quarter
Nonoperating Income (Expense), Total NonoperatingIncomeExpense $-5.16M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-33.52M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-23.70M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $2.01M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $-5.17M USD 1 Quarter
Net loss ProfitLoss $-35.53M USD 1 Quarter
Net loss ProfitLoss $-18.52M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-212.00K USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-79.00K USD 1 Quarter
Net loss attributable to Tidewater Inc. NetIncomeLoss $-35.31M USD 1 Quarter
Net loss attributable to Tidewater Inc. NetIncomeLoss $-18.45M USD 1 Quarter
Basic loss per common share (in dollars per share) EarningsPerShareBasic $-0.46 USD 1 Quarter
Basic loss per common share (in dollars per share) EarningsPerShareBasic $-0.87 USD 1 Quarter
Diluted loss per common share (in dollars per share) EarningsPerShareDiluted $-0.87 USD 1 Quarter
Diluted loss per common share (in dollars per share) EarningsPerShareDiluted $-0.46 USD 1 Quarter
Weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 40,101.00 shares 1 Quarter
Weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 40,716.00 shares 1 Quarter
Adjusted weighted average common shares (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 40,716.00 shares 1 Quarter
Adjusted weighted average common shares (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 40,101.00 shares 1 Quarter
Cash Flow Statement 62 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-35.53M USD 1 Quarter
Net loss ProfitLoss $-18.52M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $18.47M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.29M USD 1 Quarter
Amortization of deferred drydocking and survey costs AmortizationOfDryDockingAndSurveyCosts $11.26M USD 1 Quarter
Amortization of deferred drydocking and survey costs AmortizationOfDryDockingAndSurveyCosts $9.82M USD 1 Quarter
Amortization of debt premium and discounts AmortizationOfDebtDiscountPremium $675.00K USD 1 Quarter
Amortization of debt premium and discounts AmortizationOfDebtDiscountPremium $1.11M USD 1 Quarter
Provision for deferred income taxes DeferredIncomeTaxExpenseBenefit $30.00K USD 1 Quarter
Provision for deferred income taxes DeferredIncomeTaxExpenseBenefit - USD 1 Quarter
(Gain) loss on asset dispositions, net GainLossOnDispositionOfAssets $-1.95M USD 1 Quarter
(Gain) loss on asset dispositions, net GainLossOnDispositionOfAssets $5.33M USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-59.00K USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Long-lived asset impairments AssetImpairmentCharges $10.21M USD 1 Quarter
Long-lived asset impairments AssetImpairmentCharges - USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $1.33M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $1.17M USD 1 Quarter
Trade and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $9.44M USD 1 Quarter
Trade and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $-12.76M USD 1 Quarter
Changes in due to/from affiliate, net IncreaseDecreaseInDueToAffiliates $-2.40M USD 1 Quarter
Changes in due to/from affiliate, net IncreaseDecreaseInDueToAffiliates $2.74M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $-2.36M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayableTrade $3.21M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-4.27M USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-1.15M USD 1 Quarter
Deferred drydocking and survey costs IncreaseDecreaseInCashPaidForDeferredDrydockingAndSurveyCosts $24.87M USD 1 Quarter
Deferred drydocking and survey costs IncreaseDecreaseInCashPaidForDeferredDrydockingAndSurveyCosts $2.72M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $8.35M USD 1 Quarter
Other, net IncreaseDecreaseInOtherOperatingCapitalNet $-1.05M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-27.52M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $5.72M USD 1 Quarter
Proceeds from sales of assets ProceedsFromSaleOfProductiveAssets $10.98M USD 1 Quarter
Proceeds from sales of assets ProceedsFromSaleOfProductiveAssets $9.45M USD 1 Quarter
Additions to properties and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.45M USD 1 Quarter
Additions to properties and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.20M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $9.79M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $7.00M USD 1 Quarter
Principal payments on long-term debt RepaymentsOfSecuredDebt $26.41M USD 1 Quarter
Principal payments on long-term debt RepaymentsOfSecuredDebt $2.60M USD 1 Quarter
Debt modification costs PaymentsOfDebtRestructuringCosts $725.00K USD 1 Quarter
Debt modification costs PaymentsOfDebtRestructuringCosts - USD 1 Quarter
Debt extinguishment premium PaymentsOfDebtExtinguishmentCosts $59.00K USD 1 Quarter
Debt extinguishment premium PaymentsOfDebtExtinguishmentCosts - USD 1 Quarter
Tax on share-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $531.00K USD 1 Quarter
Tax on share-based awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $135.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-27.33M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-3.13M USD 1 Quarter
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-23.65M USD 1 Quarter
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-11.83M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $227.61M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $203.96M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $143.40M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $155.22M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $227.61M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $203.96M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $143.40M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $155.22M USD Point-in-time
Interest, net of amounts capitalized InterestPaidNet $5.44M USD 1 Quarter
Interest, net of amounts capitalized InterestPaidNet $3.75M USD 1 Quarter
Income taxes IncomeTaxesPaid $2.54M USD 1 Quarter
Income taxes IncomeTaxesPaid $2.55M USD 1 Quarter
Stockholders Equity 13 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $823.27M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $788.71M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $998.90M USD Point-in-time
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-35.60M USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-18.16M USD 1 Quarter
Amortization of stock awards StockIssuedDuringPeriodValueAmortizationOrCancellationOfRestrictedStock $804.00K USD 1 Quarter
Amortization of stock awards StockIssuedDuringPeriodValueAmortizationOrCancellationOfRestrictedStock $1.04M USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTax $-18.16M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $823.27M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $788.71M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $998.90M USD Point-in-time
Comprehensive Income 8 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-35.53M USD 1 Quarter
Change in pension plan and supplemental pension plan liability, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax - USD 1 Quarter
Change in pension plan and supplemental pension plan liability, tax OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax - USD 1 Quarter
Net loss ProfitLoss $-18.52M USD 1 Quarter
Change in pension plan and supplemental pension plan liability, net of tax of $0 and $0, respectively OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-369.00K USD 1 Quarter
Change in pension plan and supplemental pension plan liability, net of tax of $0 and $0, respectively OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $71.00K USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-35.60M USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-18.16M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...