XML 43 R29.htm IDEA: XBRL DOCUMENT
v3.19.2

OTHER CURRENT ASSETS, PROPERTIES AND EQUIPMENT, OTHER ASSETS, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2019
Other Current Assets Properties And Equipment Other Assets Accrued Expenses Other Current Liabilities And Other Non Current Liabilities And Deferred Credits [Abstract] |
Schedule of Other Current Assets | A summary of other current assets is as follows:
|  | June 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Deposits |  | $ | 1,303 |  |  |  | 1,413 |
Prepaid expenses and other |  |  | 13,157 |  |  |  | 10,423 |
|  | $ | 14,460 |  |  |  | 11,836 |
Summary of Properties and Equipment | A summary of properties and equipment is as follows:
|  | June 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Properties and equipment: |  |  |  |  |  |  |  |
Vessels and related equipment |  | $ | 1,131,893 |  |  |  | 1,144,028 |
Other properties and equipment |  |  | 8,110 |  |  |  | 7,455 |
|  |  | 1,140,003 |  |  |  | 1,151,483 |
Less accumulated depreciation and amortization |  |  | 98,949 |  |  |  | 61,626 |
Properties and equipment, net |  | $ | 1,041,054 |  |  |  | 1,089,857 |
Schedule of Other Assets | A summary of other assets is as follows:
|  | June 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Recoverable insurance losses |  | $ | 5,088 |  |  |  | 4,056 |
Investments held for supplemental savings plan accounts |  |  | 5,035 |  |  |  | 4,807 |
Long-term deposits |  |  | 18,594 |  |  |  | 16,848 |
Deferred tax asset |  |  | 395 |  |  |  | 395 |
Right of use asset (A) |  |  | 4,651 |  |  |  | — |
Other |  |  | 5,888 |  |  |  | 5,220 |
|  | $ | 39,651 |  |  |  | 31,326 |
| (A) | Refer to Note (4).
Schedule of Accrued Cost and Expenses | A summary of accrued cost and expenses is as follows:
|  | June 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Payroll and related payables |  | $ | 18,204 |  |  |  | 17,447 |
Commissions payable (B) |  |  | 2,375 |  |  |  | 1,990 |
Accrued vessel expenses |  |  | 27,050 |  |  |  | 29,534 |
Accrued interest expense |  |  | 5,610 |  |  |  | 5,985 |
Other accrued expenses |  |  | 3,436 |  |  |  | 6,828 |
|  | $ | 56,675 |  |  |  | 61,784 |
| (B) | Excludes $24.8 million and $28.0 million of commissions due to Sonatide at June 30, 2019 and December 31, 2018, respectively. These amounts are included in amounts due to affiliate.
Schedule of Other Current Liabilities | A summary of other current liabilities is as follows:
|  | June 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Taxes payable |  | $ | 17,802 |  |  |  | 13,167 |
Lease liability - operating (C) |  |  | 710 |  |  |  | — |
Accrued property and liability losses |  |  | 583 |  |  |  | 2,726 |
Other |  |  | 5,347 |  |  |  | 5,199 |
|  | $ | 24,442 |  |  |  | 21,092 |
| (C) | Refer to Note (4).
Schedule of Other Liabilities and Deferred Credits | A summary of other liabilities is as follows:
|  | June 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Pension liabilities |  | $ | 33,295 |  |  |  | 33,124 |
Liability for uncertain tax positions |  |  | 44,676 |  |  |  | 43,790 |
Deferred tax liability |  |  | 1,919 |  |  |  | 1,913 |
Lease liability - operating (D) |  |  | 4,420 |  |  |  | — |
Accrued property and liability losses |  |  | 3,500 |  |  |  | 4,123 |
Other |  |  | 9,661 |  |  |  | 11,075 |
|  | $ | 97,471 |  |  |  | 94,025 |
| (D) | Refer to Note (4).

X
- Definition Other current assets, properties and equipment, other assets accrued expenses other current liabilities and other non current liabilities and deferred credits. + References No definition available. + Details
Name: | tdw_OtherCurrentAssetsPropertiesAndEquipmentOtherAssetsAccruedExpensesOtherCurrentLiabilitiesAndOtherNonCurrentLiabilitiesAndDeferredCreditsAbstract
Namespace Prefix: | tdw_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of accrued cost and expenses. + References No definition available. + Details
Name: | tdw_ScheduleOfAccruedCostAndExpensesTableTextBlock
Namespace Prefix: | tdw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of other liabilities and deferred credits. + References No definition available. + Details
Name: | tdw_ScheduleOfOtherLiabilitiesAndDeferredCreditsTableTextBlock
Namespace Prefix: | tdw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of other current liabilities. + References No definition available. + Details
Name: | us-gaap_OtherCurrentLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other current assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherCurrentAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration