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SEGMENT AND GEOGRAPHIC DISTRIBUTION OF OPERATIONS (Tables) | 12 Months Ended
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Mar. 31, 2017
Segment Reporting [Abstract] |
Segment Information, Geographical Data and Major Customers | The following table provides a comparison of revenues, vessel operating profit, depreciation and amortization, and additions to properties and equipment for the years ended March 31. Vessel revenues and operating costs relate to vessels owned and operated by the company while other operating revenues relate to the activities of the company’s shipyards, brokered vessels and other miscellaneous marine-related businesses.
(In thousands) |  | 2017 |  |  | 2016 |  |  | 2015 |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |
Vessel revenues: |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 239,843 |  |  |  | 342,995 |  |  |  | 505,699 |
Asia/Pacific |  |  | 25,568 |  |  |  | 89,045 |  |  |  | 150,820 |
Middle East |  |  | 89,050 |  |  |  | 111,356 |  |  |  | 134,279 |
Africa/Europe |  |  | 229,355 |  |  |  | 412,004 |  |  |  | 677,560 |
|  |  | 583,816 |  |  |  | 955,400 |  |  |  | 1,468,358 |
Other operating revenues |  |  | 17,795 |  |  |  | 23,662 |  |  |  | 27,159 |
|  | $ | 601,611 |  |  |  | 979,062 |  |  |  | 1,495,517 |
Vessel operating profit (loss): |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 18,873 |  |  |  | 52,966 |  |  |  | 122,988 |
Asia/Pacific |  |  | (20,614 | ) |  |  | (1,687 | ) |  |  | 11,541 |
Middle East |  |  | (4,696 | ) |  |  | 7,325 |  |  |  | 15,590 |
Africa/Europe |  |  | (51,395 | ) |  |  | 15,534 |  |  |  | 143,837 |
|  |  | (57,832 | ) |  |  | 74,138 |  |  |  | 293,956 |
Other operating loss |  |  | (1,548 | ) |  |  | (4,564 | ) |  |  | (8,022 | )
|  |  | (59,380 | ) |  |  | 69,574 |  |  |  | 285,934 |
Corporate general and administrative expenses (A) |  |  | (55,389 | ) |  |  | (34,078 | ) |  |  | (40,621 | )
Corporate depreciation |  |  | (2,456 | ) |  |  | (6,160 | ) |  |  | (4,014 | )
Corporate expenses |  |  | (57,845 | ) |  |  | (40,238 | ) |  |  | (44,635 | )
Gain (loss) on asset dispositions, net |  |  | 24,099 |  |  |  | 26,037 |  |  |  | 23,796 |
Asset impairment |  |  | (484,727 | ) |  |  | (117,311 | ) |  |  | (14,525 | )
Goodwill impairment |  |  | — |  |  |  | — |  |  |  | (283,699 | )
Restructuring charge |  |  | — |  |  |  | (7,586 | ) |  |  | (4,052 | )
Operating loss |  |  | (577,853 | ) |  |  | (69,524 | ) |  |  | (37,181 | )
Foreign exchange gain (loss) |  |  | (1,638 | ) |  |  | (5,403 | ) |  |  | 8,678 |
Equity in net earnings (losses) of unconsolidated companies |  |  | 5,710 |  |  |  | (13,581 | ) |  |  | 10,179 |
Interest income and other, net |  |  | 5,193 |  |  |  | 2,703 |  |  |  | 1,927 |
Interest and other debt costs |  |  | (75,026 | ) |  |  | (53,752 | ) |  |  | (50,029 | )
Loss before income taxes |  | $ | (643,614 | ) |  |  | (139,557 | ) |  |  | (66,426 | )
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 48,814 |  |  |  | 48,474 |  |  |  | 47,682 |
Asia/Pacific |  |  | 21,095 |  |  |  | 22,386 |  |  |  | 18,383 |
Middle East |  |  | 19,754 |  |  |  | 19,218 |  |  |  | 18,881 |
Africa/Europe |  |  | 70,742 |  |  |  | 80,350 |  |  |  | 82,271 |
|  |  | 160,405 |  |  |  | 170,428 |  |  |  | 167,217 |
Other |  |  | 4,430 |  |  |  | 5,721 |  |  |  | 3,973 |
Corporate |  |  | 2,456 |  |  |  | 6,160 |  |  |  | 4,014 |
|  | $ | 167,291 |  |  |  | 182,309 |  |  |  | 175,204 |
Additions to properties and equipment: |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 93 |  |  |  | 51,303 |  |  |  | 94,137 |
Asia/Pacific |  |  | — |  |  |  | 1,917 |  |  |  | 91,497 |
Middle East |  |  | 1,612 |  |  |  | 1,732 |  |  |  | 962 |
Africa/Europe |  |  | 743 |  |  |  | 1,861 |  |  |  | 36,985 |
|  |  | 2,448 |  |  |  | 56,813 |  |  |  | 223,581 |
Other |  |  | — |  |  |  | 10 |  |  |  | 18,571 |
Corporate |  |  | 28,099 |  |  |  | 137,662 |  |  |  | 124,411 |
|  | $ | 30,547 |  |  |  | 194,485 |  |  |  | 366,563 |
Total assets (B): |  |  |  |  |  |  |  |  |  |  |  |
Americas |  | $ | 779,778 |  |  |  | 1,101,699 |  |  |  | 1,016,133 |
Asia/Pacific |  |  | 321,967 |  |  |  | 514,948 |  |  |  | 506,265 |
Middle East |  |  | 261,418 |  |  |  | 405,420 |  |  |  | 471,856 |
Africa/Europe |  |  | 1,897,355 |  |  |  | 1,999,543 |  |  |  | 2,258,102 |
|  |  | 3,260,518 |  |  |  | 4,021,610 |  |  |  | 4,252,356 |
Other |  |  | 21,580 |  |  |  | 42,191 |  |  |  | 49,554 |
|  |  | 3,282,098 |  |  |  | 4,063,801 |  |  |  | 4,301,910 |
Investments in and advances to unconsolidated companies |  |  | 45,115 |  |  |  | 37,502 |  |  |  | 65,844 |
|  |  | 3,327,213 |  |  |  | 4,101,303 |  |  |  | 4,367,754 |
Corporate (C) |  |  | 863,486 |  |  |  | 882,490 |  |  |  | 381,012 |
|  | $ | 4,190,699 |  |  |  | 4,983,793 |  |  |  | 4,748,766 |
(A) | Corporate general and administrative expenses in fiscal 2017 include $29 million associated with our efforts to renegotiate the terms of various debt arrangements and related consulting services.
(B) | Marine support services are conducted worldwide with assets that are highly mobile. Revenues are principally derived from offshore service vessels, which regularly and routinely move from one operating area to another, often to and from offshore operating areas in different continents. Because of this asset mobility, revenues and long-lived assets attributable to the company’s international marine operations in any one country are not material.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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