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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Revenues:        
Vessel revenues $ 125,120 $ 212,908 $ 426,911 $ 775,352
Other operating revenues 4,095 5,283 13,951 19,536
Total revenues 129,215 218,191 440,862 794,888
Costs and expenses:        
Vessel operating costs 82,358 125,094 278,326 462,987
Costs of other operating revenues 2,714 3,778 10,040 15,624
General and administrative 34,151 35,598 104,152 116,837
Vessel operating leases 8,441 8,441 25,323 25,325
Depreciation and amortization 41,302 45,422 129,699 137,058
Gain on asset dispositions, net (6,139) (5,883) (18,035) (19,345)
Asset impairments [1] 253,422 15,141 419,870 61,771
Restructuring charge [2]       7,586
Total costs and expenses 416,249 227,591 949,375 807,843
Operating loss (287,034) (9,400) (508,513) (12,955)
Other income (expenses):        
Foreign exchange gain (loss) 2,970 (469) (2,302) (3,758)
Equity in net earnings (losses) of unconsolidated companies 1,557 (1,710) 2,869 (7,070)
Interest income and other, net 1,437 609 3,605 1,754
Interest and other debt costs, net (18,587) (13,312) (54,018) (39,741)
Total other income (expenses) (12,623) (14,882) (49,846) (48,815)
Loss before income taxes (299,657) (24,282) (558,359) (61,770)
Income tax (benefit) expense (2,884) (4,679) 4,680 16,996
Net Loss (296,773) (19,603) (563,039) (78,766)
Less: Net income (loss) attributable to noncontrolling interests 903 (94) 2,224 (370)
Net loss attributable to Tidewater Inc. $ (297,676) $ (19,509) $ (565,263) $ (78,396)
Basic loss per common share [3] $ (6.32) $ (0.42) $ (12.01) $ (1.67)
Diluted loss per common share [4] $ (6.32) $ (0.42) $ (12.01) $ (1.67)
Weighted average common shares outstanding 47,068,079 46,943,705 47,067,887 46,956,041
Adjusted weighted average common shares 47,068,079 46,943,705 47,067,887 46,956,041
[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 “Loss per share, basic” by dividing “Net loss available to common shareholders” by “Weighted average outstanding shares of common stock, basic”.
[4] The company calculates “Loss per share, diluted” by dividing “Net loss available to common shareholders” by “Weighted average common stock and equivalents”. As a result of the net losses incurred, the company has excluded the antidilutive effect of incremental share equivalents related to options, restricted stock awards and restricted stock units from the “Loss per share, diluted” calculation for the quarters and nine month periods ended December 31, 2016 and 2015.