XML 60 R52.htm IDEA: XBRL DOCUMENT v3.10.0.1
TRANSITION PERIOD COMPARATIVE DATA (Tables)
12 Months Ended
Dec. 31, 2017
Income Statement [Abstract]  
Schedule of Transition Period Comparable Data

The following table presents certain financial information for the nine months ended December 31, 2017 and 2016, respectively:

 

     Successor      Predecessor  

(In thousands, except share and per share data)

   Period from
August 1, 2017
through
December 31,
2017
     Period from
April 1, 2017
through
July 31,
2017
     Nine month
period ended
December 31,
2016
(unaudited)
 

Revenues

   $ 178,753        151,369        440,862  

Operating loss

     (23,873      (244,048      (508,513

Loss before income taxes

     (36,687      (1,648,143      (558,359

Income tax (benefit) expense

     2,039        (1,234      4,680  

Net loss attributable to Tidewater Inc.

     (39,266      (1,646,909      (565,263

Basic loss per common share

     (1.82      (34.95      (12.01

Diluted loss per common share

     (1.82      (34.95      (12.01

Weighted average common shares outstanding

     21,539,143        47,121,330        47,067,887  

Dilutive effect of stock options and restricted stock

     —          —          —    

Adjusted average common shares outstanding

     21,539,143        47,121,330        47,067,887