10-Q Filing

TIDEWATER INC CIK: 98222 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-022341`
Period End Date	20230630
Filing Date	20230807
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	tdw20230630_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 100 Cash Flow Statement 82 Stockholders Equity 24 Comprehensive Income 16

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$171.26M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.19M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.24M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$1.24M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	125.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	50.55M	shares	Point-in-time
Trade and other receivables, less allowance for credit losses of $14,758 and $14,060 at June 30, 2023 and December 31, 2022, respectively	`AccountsAndOtherReceivablesNetCurrent`	$156.47M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	50.90M	shares	Point-in-time
Trade and other receivables, less allowance for credit losses of $14,758 and $14,060 at June 30, 2023 and December 31, 2022, respectively	`AccountsAndOtherReceivablesNetCurrent`	$195.91M	USD	Point-in-time
Marine operating supplies	`Supplies`	$22.50M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	42.03M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	50.90M	shares	Point-in-time
Marine operating supplies	`Supplies`	$30.83M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	50.55M	shares	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$630.00K	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$4.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.96M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$20.98M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$410.49M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$377.91M	USD	Point-in-time
Net properties and equipment	`PropertyPlantAndEquipmentNet`	$784.87M	USD	Point-in-time
Net properties and equipment	`PropertyPlantAndEquipmentNet`	$796.65M	USD	Point-in-time
Deferred drydocking and survey costs	`DeferredCosts`	$92.48M	USD	Point-in-time
Deferred drydocking and survey costs	`DeferredCosts`	$61.08M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$33.64M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$33.64M	USD	Point-in-time
Total assets	`Assets`	$1.34B	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$38.95M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$69.82M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$105.52M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$91.88M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.44M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$42.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$50.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$194.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$206.44M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$179.57M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$169.04M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$65.62M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$67.84M	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, 50,895,235 and 50,554,179 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$51.00K	USD	Point-in-time
Common stock of $0.001 par value, 125,000,000 shares authorized, 50,895,235 and 50,554,179 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$51.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.55B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.56B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-699.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-666.33M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$8.58M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.57M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$893.08M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$865.97M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$-556.00K	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$22.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$841.65M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$865.99M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.74M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$873.41M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$701.77M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$892.53M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.34B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$214.96M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$269.18M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$408.06M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$163.45M	USD	1 Quarter
Vessel operating costs	`DirectOperatingCosts`	$168.77M	USD	2 Qtrs
Vessel operating costs	`DirectOperatingCosts`	$118.26M	USD	1 Quarter
Vessel operating costs	`DirectOperatingCosts`	$233.72M	USD	2 Qtrs
Vessel operating costs	`DirectOperatingCosts`	$100.26M	USD	1 Quarter
Costs of other operating revenues	`OtherCostOfOperatingRevenue`	$1.52M	USD	2 Qtrs
Costs of other operating revenues	`OtherCostOfOperatingRevenue`	$844.00K	USD	2 Qtrs
Costs of other operating revenues	`OtherCostOfOperatingRevenue`	$373.00K	USD	1 Quarter
Costs of other operating revenues	`OtherCostOfOperatingRevenue`	$483.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$46.02M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$27.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$26.01M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$49.56M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$58.42M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$63.43M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$32.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$31.77M	USD	1 Quarter
Long-lived asset impairment credit	`AssetImpairmentCharges`	-	USD	1 Quarter
Long-lived asset impairment credit	`AssetImpairmentCharges`	-	USD	2 Qtrs
Long-lived asset impairment credit	`AssetImpairmentCharges`	-	USD	1 Quarter
Long-lived asset impairment credit	`AssetImpairmentCharges`	$-500.00K	USD	2 Qtrs
(Gain) loss on asset dispositions, net	`GainLossOnDispositionOfAssets1`	$1.40M	USD	1 Quarter
(Gain) loss on asset dispositions, net	`GainLossOnDispositionOfAssets1`	$-1.30M	USD	1 Quarter
(Gain) loss on asset dispositions, net	`GainLossOnDispositionOfAssets1`	$3.62M	USD	2 Qtrs
(Gain) loss on asset dispositions, net	`GainLossOnDispositionOfAssets1`	$-1.09M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$161.61M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$274.65M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$344.62M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$176.01M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-5.47M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$38.95M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$63.45M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$1.84M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.82M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.47M	USD	2 Qtrs
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-1.88M	USD	1 Quarter
Foreign exchange loss	`ForeignCurrencyTransactionGainLossBeforeTax`	$-935.00K	USD	2 Qtrs
Equity in net earnings (losses) of unconsolidated companies	`IncomeLossFromEquityMethodInvestments`	$25.00K	USD	2 Qtrs
Equity in net earnings (losses) of unconsolidated companies	`IncomeLossFromEquityMethodInvestments`	$-244.00K	USD	2 Qtrs
Equity in net earnings (losses) of unconsolidated companies	`IncomeLossFromEquityMethodInvestments`	$25.00K	USD	1 Quarter
Equity in net earnings (losses) of unconsolidated companies	`IncomeLossFromEquityMethodInvestments`	$-244.00K	USD	1 Quarter
Interest income and other, net	`InterestIncomeExpenseNonoperatingNet`	$3.83M	USD	2 Qtrs
Interest income and other, net	`InterestIncomeExpenseNonoperatingNet`	$2.92M	USD	2 Qtrs
Interest income and other, net	`InterestIncomeExpenseNonoperatingNet`	$2.79M	USD	1 Quarter
Interest income and other, net	`InterestIncomeExpenseNonoperatingNet`	$349.00K	USD	1 Quarter
Loss on warrants	`GainLossOnWarrants`	-	USD	1 Quarter
Loss on warrants	`GainLossOnWarrants`	-	USD	2 Qtrs
Loss on warrants	`GainLossOnWarrants`	$-14.18M	USD	1 Quarter
Loss on warrants	`GainLossOnWarrants`	$-14.18M	USD	2 Qtrs
Interest and other debt costs, net	`InterestAndOtherDebtCostsNet`	$4.28M	USD	1 Quarter
Interest and other debt costs, net	`InterestAndOtherDebtCostsNet`	$4.73M	USD	1 Quarter
Interest and other debt costs, net	`InterestAndOtherDebtCostsNet`	$8.46M	USD	2 Qtrs
Interest and other debt costs, net	`InterestAndOtherDebtCostsNet`	$8.92M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-19.98M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-5.74M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-20.23M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-7.45M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-25.45M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$56.00M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-18.39M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$33.21M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$11.28M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$6.62M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$23.25M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$11.84M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-25.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$21.93M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-37.28M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$32.74M	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-656.00K	USD	1 Quarter
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$464.00K	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$567.00K	USD	1 Quarter
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-578.00K	USD	2 Qtrs
Net income (loss) attributable to Tidewater Inc.	`NetIncomeLoss`	$33.32M	USD	2 Qtrs
Net income (loss) attributable to Tidewater Inc.	`NetIncomeLoss`	$22.58M	USD	1 Quarter
Net income (loss) attributable to Tidewater Inc.	`NetIncomeLoss`	$-25.58M	USD	1 Quarter
Net income (loss) attributable to Tidewater Inc.	`NetIncomeLoss`	$-37.75M	USD	2 Qtrs
Basic income (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic income (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.61	USD	1 Quarter
Basic income (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$0.66	USD	2 Qtrs
Basic income (loss) per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.91	USD	2 Qtrs
Diluted income (loss) per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.64	USD	2 Qtrs
Diluted income (loss) per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.61	USD	1 Quarter
Diluted income (loss) per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.91	USD	2 Qtrs
Diluted income (loss) per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.86M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.81M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	50.73M	shares	2 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.61M	shares	2 Qtrs
Dilutive effect of warrants, restricted stock units and stock options (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	0.00	shares	2 Qtrs
Dilutive effect of warrants, restricted stock units and stock options (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	0.00	shares	1 Quarter
Dilutive effect of warrants, restricted stock units and stock options (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	1.26M	shares	2 Qtrs
Dilutive effect of warrants, restricted stock units and stock options (in shares)	`IncrementalCommonSharesAttributableToShareBasedPaymentArrangements`	1.15M	shares	1 Quarter
Adjusted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.99M	shares	2 Qtrs
Adjusted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.61M	shares	2 Qtrs
Adjusted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.81M	shares	1 Quarter
Adjusted weighted average common shares (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.01M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-25.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$21.93M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-37.28M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$32.74M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.29M	USD	2 Qtrs
Amortization of deferred drydocking and survey costs	`AmortizationOfDryDockingAndSurveyCosts`	$21.29M	USD	2 Qtrs
Amortization of deferred drydocking and survey costs	`AmortizationOfDryDockingAndSurveyCosts`	$18.14M	USD	2 Qtrs
Amortization of debt premium and discounts	`AmortizationOfDebtDiscountPremium`	$765.00K	USD	2 Qtrs
Amortization of debt premium and discounts	`AmortizationOfDebtDiscountPremium`	$842.00K	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$34.00K	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$145.00K	USD	2 Qtrs
(Gain) loss on asset dispositions, net	`GainLossOnDispositionOfAssets`	$1.40M	USD	1 Quarter
(Gain) loss on asset dispositions, net	`GainLossOnDispositionOfAssets`	$-1.09M	USD	2 Qtrs
(Gain) loss on asset dispositions, net	`GainLossOnDispositionOfAssets`	$3.62M	USD	2 Qtrs
(Gain) loss on asset dispositions, net	`GainLossOnDispositionOfAssets`	$-1.30M	USD	1 Quarter
Gain on pension settlement	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$-1.81M	USD	2 Qtrs
Gain on pension settlement	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	-	USD	2 Qtrs
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$1.30M	USD	2 Qtrs
Gain on bargain purchase	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	-	USD	2 Qtrs
Long-lived asset impairment credit	`AssetImpairmentCharges`	-	USD	1 Quarter
Long-lived asset impairment credit	`AssetImpairmentCharges`	-	USD	2 Qtrs
Long-lived asset impairment credit	`AssetImpairmentCharges`	-	USD	1 Quarter
Long-lived asset impairment credit	`AssetImpairmentCharges`	$-500.00K	USD	2 Qtrs
Loss on warrants	`GainLossOnWarrants`	-	USD	1 Quarter
Loss on warrants	`GainLossOnWarrants`	-	USD	2 Qtrs
Loss on warrants	`GainLossOnWarrants`	$-14.18M	USD	1 Quarter
Loss on warrants	`GainLossOnWarrants`	$-14.18M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.42M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$4.75M	USD	2 Qtrs
Trade and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$35.09M	USD	2 Qtrs
Trade and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$37.92M	USD	2 Qtrs
Changes in due to/from affiliates, net	`IncreaseDecreaseInDueToAffiliates`	$-20.00K	USD	2 Qtrs
Changes in due to/from affiliates, net	`IncreaseDecreaseInDueToAffiliates`	-	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$30.88M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$8.07M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-13.54M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$2.35M	USD	2 Qtrs
Deferred drydocking and survey costs	`IncreaseDecreaseInCashPaidForDeferredDrydockingAndSurveyCosts`	$31.06M	USD	2 Qtrs
Deferred drydocking and survey costs	`IncreaseDecreaseInCashPaidForDeferredDrydockingAndSurveyCosts`	$52.69M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$16.42M	USD	2 Qtrs
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$565.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-33.23M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.54M	USD	2 Qtrs
Proceeds from asset dispositions	`ProceedsFromSaleOfProductiveAssets`	$8.16M	USD	2 Qtrs
Proceeds from asset dispositions	`ProceedsFromSaleOfProductiveAssets`	$8.66M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.52M	USD	2 Qtrs
Additions to properties and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.50M	USD	2 Qtrs
Additions to properties and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.38M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-26.74M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.84M	USD	2 Qtrs
Acquisition of non-controlling interest in a majority owned subsidiary	`PaymentsToMinorityShareholders`	$1.43M	USD	2 Qtrs
Acquisition of non-controlling interest in a majority owned subsidiary	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Debt issuance and modification costs	`PaymentsOfDebtRestructuringCosts`	$371.00K	USD	2 Qtrs
Debt issuance and modification costs	`PaymentsOfDebtRestructuringCosts`	-	USD	2 Qtrs
Tax on share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$5.52M	USD	2 Qtrs
Tax on share-based awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.18M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.95M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.55M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-62.52M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.75M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$167.98M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$154.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$174.72M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$91.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$167.98M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$154.28M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$174.72M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$91.76M	USD	Point-in-time
Interest, net of amounts capitalized	`InterestPaidNet`	$7.63M	USD	2 Qtrs
Interest, net of amounts capitalized	`InterestPaidNet`	$7.85M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$9.33M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$27.20M	USD	2 Qtrs
Acquisition of SPO	`NoncashOrPartNoncashAcquisitionValue`	-	USD	2 Qtrs
Acquisition of SPO	`NoncashOrPartNoncashAcquisitionValue`	$162.65M	USD	2 Qtrs
Purchase of three vessels	`CapitalExpendituresIncurredButNotYetPaid`	$12.17M	USD	2 Qtrs
Purchase of three vessels	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	2 Qtrs
Warrants issued for SPO acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueWarrantsIssued`	-	USD	2 Qtrs
Warrants issued for SPO acquisition	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationValueWarrantsIssued`	$162.65M	USD	2 Qtrs
Debt incurred for purchase of three vessels	`NotesIssued1`	-	USD	2 Qtrs
Debt incurred for purchase of three vessels	`NotesIssued1`	$12.17M	USD	2 Qtrs

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance at March 31, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$841.65M	USD	Point-in-time
Balance at March 31, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$865.99M	USD	Point-in-time
Balance at March 31, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.74M	USD	Point-in-time
Balance at March 31, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$873.41M	USD	Point-in-time
Balance at March 31, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$701.77M	USD	Point-in-time
Balance at March 31, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$892.53M	USD	Point-in-time
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-25.72M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$18.24M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$28.73M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-38.19M	USD	2 Qtrs
Amortization of share-based awards	`StockIssuedDuringPeriodValueAmortizationOrCancellationOfRestrictedStock`	$874.00K	USD	1 Quarter
Amortization of share-based awards	`StockIssuedDuringPeriodValueAmortizationOrCancellationOfRestrictedStock`	$804.00K	USD	1 Quarter
Amortization of share-based awards	`StockIssuedDuringPeriodValueAmortizationOrCancellationOfRestrictedStock`	$1.25M	USD	2 Qtrs
Amortization of share-based awards	`StockIssuedDuringPeriodValueAmortizationOrCancellationOfRestrictedStock`	$-770.00K	USD	2 Qtrs
SPO acquisition warrants	`ClassOfWarrantOrRightIssuedDuringPeriodValue`	$176.82M	USD	2 Qtrs
SPO acquisition warrants	`ClassOfWarrantOrRightIssuedDuringPeriodValue`	$176.82M	USD	1 Quarter
Acquisition of non-controlling interest in a majority owned subsidiary	`NoncontrollingInterestIncreaseFromBusinessCombination`	$1.43M	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueWarrantExercises`	-	USD	2 Qtrs
Balance at June 30, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$841.65M	USD	Point-in-time
Balance at June 30, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$865.99M	USD	Point-in-time
Balance at June 30, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.74M	USD	Point-in-time
Balance at June 30, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$873.41M	USD	Point-in-time
Balance at June 30, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$701.77M	USD	Point-in-time
Balance at June 30, 2023 and 2022	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$892.53M	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-25.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$21.93M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-37.28M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$32.74M	USD	2 Qtrs
Unrealized loss on note receivable	`OtherComprehensiveIncomeLossUnrealizedGainLossOnNoteReceivableTotal`	$-316.00K	USD	2 Qtrs
Unrealized loss on note receivable	`OtherComprehensiveIncomeLossUnrealizedGainLossOnNoteReceivableTotal`	$-846.00K	USD	1 Quarter
Unrealized loss on note receivable	`OtherComprehensiveIncomeLossUnrealizedGainLossOnNoteReceivableTotal`	$-184.00K	USD	1 Quarter
Unrealized loss on note receivable	`OtherComprehensiveIncomeLossUnrealizedGainLossOnNoteReceivableTotal`	$-846.00K	USD	2 Qtrs
Change in liability of pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$59.00K	USD	2 Qtrs
Change in liability of pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-138.00K	USD	1 Quarter
Change in liability of pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.50M	USD	1 Quarter
Change in liability of pension plans	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.69M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-38.19M	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-25.72M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$18.24M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$28.73M	USD	2 Qtrs

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