(18)	QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected financial information for interim periods, is as follows:

	Successor						Predecessor
				Period from			Period from
	Quarter Ended			August 1, 2017			July 1, 2017			Quarter Ended
	December 31,			through			through			June 30,
(In thousands except per share data)	2017			September 30, 2017			July 31, 2017			2017
Nine Month Transition Period Ended December 31, 2017
Revenues	$	104,453			74,300			36,263			115,106
Operating income (loss) (B)		(18,091	)		(5,782	)		(38,674	)		(205,374	)
Net loss attributable to Tidewater Inc.		(23,573	)		(15,693	)		(1,122,475	)		(524,434	)
Basic loss per share attributable to Tidewater Inc.	$	(1.02	)		(.81	)		(23.82	)		(11.13	)
Diluted loss per share attributable to Tidewater Inc.	$	(1.02	)		(.81	)		(23.82	)		(11.13	)

	Predecessor
	Quarter Ended			Quarter Ended			Quarter Ended			Quarter Ended
	June 30,			September 30,			December 31,			March 31,
(In thousands except per share data)	2016			2016			2016			2017
Year Ended March 31, 2017
Revenues (A)	$	167,925			143,722			129,215			160,749
Operating income (loss) (B)		(66,135	)		(155,344	)		(287,034	)		(69,340	)
Net loss attributable to Tidewater Inc.		(89,097	)		(178,490	)		(297,676	)		(94,855	)
Basic loss per share attributable to Tidewater Inc.	$	(1.89	)		(3.79	)		(6.32	)		(2.01	)
Diluted loss per share attributable to Tidewater Inc.	$	(1.89	)		(3.79	)		(6.32	)		(2.01	)

(A)

Included in revenues for the quarter ended March 31, 2017 is $39.1 million of revenue related to early cancellation of a long-term vessel charter contract.

(B)

Operating income consists of revenues less operating costs and expenses, depreciation, vessel operating leases, goodwill impairment, restructuring charges, asset impairments, general and administrative expenses and gain on asset dispositions, net, of the company’s operations. Asset impairments, net, are as follows:

Successor

Predecessor

Period from

Quarter Ended

August 1, 2017

July 1, 2017

Quarter Ended

December 31,

through

June 30,

(In thousands)

2017

September 30, 2017

July 31, 2017

2017

Nine Month Transition Period

Ended December 31, 2017:

Asset impairments

16,777

—

21,325

163,423

Predecessor

Quarter Ended

June 30,

September 30,

December 31,

March 31,

(In thousands except per share data)

2016

2017

Year Ended March 31, 2017

Asset impairments

36,886

129,562

253,422

64,857