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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 105,601   $ 197,094  
Costs and expenses:        
Vessel operating costs 68,012   129,376  
Costs of other operating revenues 642   3,116  
General and administrative 24,425   47,990  
Depreciation and amortization 12,785   24,802  
Gain on asset dispositions, net (1,338)   (3,257)  
Asset impairments [1] 1,215   7,401  
Total costs and expenses 105,741   209,428  
Operating loss (140)   (12,334)  
Other income (expenses):        
Foreign exchange loss (1,002)   (1,350)  
Equity in net earnings (losses) of unconsolidated companies 390   (15,049)  
Interest income and other, net 2,914   2,786  
Interest and other debt costs, net (7,547)   (15,146)  
Total other income (expenses) (5,245)   (28,759)  
Loss before income taxes (5,385)   (41,093)  
Income tax expense 5,797   9,118  
Net loss (11,182)   (50,211)  
Less: Net income (loss) attributable to noncontrolling interests (242)   (99)  
Net loss attributable to Tidewater Inc. $ (10,940)   $ (50,112)  
Basic loss per common share [2] $ (0.44)   $ (2.09)  
Diluted loss per common share [3] $ (0.44)   $ (2.09)  
Weighted average common shares outstanding [4] 24,654,220   23,989,254  
Adjusted weighted average common shares 24,654,220   23,989,254  
Vessel Revenues        
Revenues:        
Total revenues $ 104,174   $ 191,668  
Other Operating Revenues        
Revenues:        
Total revenues [5] $ 1,427   $ 5,426  
Predecessor        
Revenues:        
Total revenues   $ 115,106   $ 275,855
Costs and expenses:        
Vessel operating costs   83,773   164,618
Costs of other operating revenues   1,585   4,274
General and administrative   33,059   74,786
Vessel operating leases   5,542   13,985
Depreciation and amortization   36,287   73,879
Gain on asset dispositions, net   (3,189)   (9,253)
Asset impairments [1]   163,423   228,280
Total costs and expenses   320,480   550,569
Operating loss   (205,374)   (274,714)
Other income (expenses):        
Foreign exchange loss   (1,157)   (493)
Equity in net earnings (losses) of unconsolidated companies   4,517   7,358
Interest income and other, net   1,680   3,268
Reorganization items   (313,176)   (313,176)
Interest and other debt costs, net   (10,605)   (31,613)
Total other income (expenses)   (318,741)   (334,656)
Loss before income taxes   (524,115)   (609,370)
Income tax expense   295   2,012
Net loss   (524,410)   (611,382)
Less: Net income (loss) attributable to noncontrolling interests   24   7,907
Net loss attributable to Tidewater Inc.   $ (524,434)   $ (619,289)
Basic loss per common share [2]   $ (11.13)   $ (13.15)
Diluted loss per common share [3]   $ (11.13)   $ (13.15)
Weighted average common shares outstanding [4]   47,121,304   47,101,155
Adjusted weighted average common shares   47,121,304   47,101,155
Predecessor | Vessel Revenues        
Revenues:        
Total revenues   $ 112,257   $ 269,162
Predecessor | Other Operating Revenues        
Revenues:        
Total revenues [5]   $ 2,849   $ 6,693
[1] Refer to Note (14) for additional information regarding asset impairment.
[2] The company calculates “Loss per share, basic” by dividing “Net loss available to common shareholders” by “Weighted average outstanding shares of common stock, basic”.
[3] The company calculates “Loss per share, diluted” by dividing “Net loss available to common shareholders” by “Weighted average common stock and equivalents”.
[4] Common shares and new creditor warrants and the sum of common shares and New Creditor Warrants outstanding at June 30, 2018, were 26,085,274, 3,924,441 and 30,009,715, respectively.
[5] Included in other operating revenues for the quarter and six months ended June 30, 2017, were $0.5 million and $0.8 million, respectively, of revenues related to the company’s subsea business. The eight ROVs representing substantially all of the company’s subsea assets were sold in December 2017.