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STOCKHOLDERS' EQUITY AND DILUTIVE EQUITY INSTRUMENTS

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

STOCKHOLDERS' EQUITY AND DILUTIVE EQUITY INSTRUMENTS

(5) STOCKHOLDERS' EQUITY AND DILUTIVE EQUITY INSTRUMENTS

Accumulated Other Comprehensive Income (Loss) (OCI)

The changes in accumulated other comprehensive income (loss) by component, net of tax, for the quarters ended March 31, 2020 and 2019 are as follows:

Three months ended March 31, 2020

Three months ended March 31, 2019

Balance

Gains/(losses)

Remaining

Balance

Gains/(losses)

Remaining

at

recognized

balance

at

recognized

balance

(In thousands)

12/31/19

in OCI

3/31/20

12/31/18

in OCI

3/31/19

Pension benefits

$

(236

)

369

133

$

2,194

—

2,194

Dilutive Equity Instruments

We had 2,133,439 and 4,327,358 incremental "in-the-money" warrants and restricted stock units at March 31, 2020 and 2019, respectively, which are as follows:

Total shares outstanding including warrants and restricted stock units		March 31, 2020				March 31, 2019
Common shares outstanding			40,259,917				37,381,954
New creditor warrants (strike price $0.001 per common share)			821,308				2,070,243
GulfMark creditor warrants (strike price $0.01 per common share)			952,154				2,047,015
Restricted stock units			359,977				210,100
Total			42,393,356				41,709,312

We also had 5,923,399 shares of “out-of-the-money” warrants outstanding at March 31, 2020 and 2019, respectively. Included in these “out-of-the-money” warrants are Series A Warrants, Series B Warrants and GLF Equity Warrants which have exercise prices of $57.06, $62.28, and $100.00, respectively.

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- References

No definition available.

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- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI http://asc.fasb.org/topic&trid=2208762

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