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Nature of Operations and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2015
Summary of Net Properties and Equipment

The following is a summary of net properties and equipment at March 31:

 

     2015      2014
      Number
Of Vessels
     Carrying
Value
     Number
Of Vessels
     Carrying
Value
       
            (In thousands)             (In thousands)       

Owned vessels in active service

     242       $ 3,310,476         257       $ 3,281,391      

Stacked vessels

     21         38,489         15         9,743      

Marine equipment and other assets under construction

        315,552            268,189      

Other property and equipment (A)

              81,790                  62,285        

Totals

     263       $ 3,746,307         272       $ 3,621,608      

 

 

(A)

Other property and equipment includes six remotely operated vehicles the company took delivery of in fiscal 2014 and two remotely operated vehicles the company took delivery of in fiscal 2015.

Current and Long-Term Liabilities Related to Accrued Property and Liability Losses

The following table discloses the total amount of current and long-term liabilities related to accrued property and liability losses not subject to reinsurance recoverability, but considered currently payable as of March 31:

 

(In thousands)    2015      2014        

Accrued property and liability losses

   $         14,203         8,917