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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Vessel revenues $ 264,131 $ 390,952 $ 562,444 $ 772,462
Other operating revenues 7,792 6,572 14,253 10,739
Total revenues 271,923 397,524 576,697 783,201
Costs and expenses:        
Vessel operating costs 158,612 212,819 337,893 430,063
Costs of other operating revenues 6,102 6,560 11,846 11,221
General and administrative 37,286 46,762 81,239 97,822
Vessel operating leases 8,441 6,542 16,884 13,082
Depreciation and amortization 45,979 43,708 91,636 86,819
Gain on asset dispositions, net (6,111) (4,500) (13,462) (8,393)
Asset impairments [1] 31,672 910 46,630 1,860
Restructuring charge [2] 7,586   7,586  
Total costs and expenses 289,567 312,801 580,252 632,474
Operating income (17,644) 84,723 (3,555) 150,727
Other income (expenses):        
Foreign exchange gain (loss) 844 5,408 (3,289) 4,119
Equity in net earnings/(losses) of unconsolidated companies (2,919) 3,821 (5,360) 9,104
Interest income and other, net 355 499 1,145 1,121
Interest and other debt costs, net (13,247) (12,559) (26,429) (25,688)
Total other income (expenses) (14,967) (2,831) (33,933) (11,344)
Earnings (loss) before income taxes (32,611) 81,892 (37,488) 139,383
Income tax expense 11,388 21,067 21,675 34,859
Net earnings (loss) (43,999) 60,825 (59,163) 104,524
Less: Net earnings (losses) attributable to noncontrolling interests (164) (82) (276) (56)
Net earnings (loss) attributable to Tidewater Inc. $ (43,835) $ 60,907 $ (58,887) $ 104,580
Basic earnings (loss) per common share [3] $ (0.93) $ 1.23 $ (1.25) $ 2.11
Diluted earnings (loss) per common share [4] $ (0.93) $ 1.22 $ (1.25) $ 2.10
Weighted average common shares outstanding 46,942,950 49,582,086 46,962,242 49,581,707
Dilutive effect of stock options and restricted stock   230,841   219,607
Adjusted weighted average common shares 46,942,950 49,812,927 46,962,242 49,801,314
[1] Refer to Note (15) for additional information regarding asset impairment charges.
[2] Refer to Note (14) for additional information regarding the restructuring charge.
[3] The company calculates "Earnings (loss) per share, basic" by dividing "Net income (loss) available to common shareholders" by "Weighted average outstanding share of common stock, basic".
[4] The company calculates "Earnings (loss) per share, diluted" by dividing "Net income (loss) available to common shareholders" by "Weighted average common stock and equivalents".