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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Revenue $ 397,038 $ 486,549 $ 406,520
Costs and expenses:      
Vessel operating costs 268,780 329,196 269,580
Costs of other operating revenues 3,405 2,800 5,530
General and administrative 73,447 103,716 110,023
Depreciation and amortization 116,709 101,931 58,293
Gain on asset dispositions, net (7,591) (2,263) (10,624)
Impairment of due from affiliate 0 0 20,083
Affiliate credit loss impairment expense 52,981 0 0
Affiliate guarantee obligation 2,000 0 0
Long-lived asset impairments and other 74,109 37,773 61,132
Costs and Expenses, Total 583,840 573,153 514,017
Operating loss (186,802) (86,604) (107,497)
Other income (expense):      
Foreign exchange gain (loss) (5,245) (1,269) 106
Equity in net losses of unconsolidated companies 164 (3,152) (18,864)
Dividend income from unconsolidated company 17,150 0 0
Interest income and other, net 1,228 6,598 11,294
Loss on early extinguishment of debt 0 0 (8,119)
Interest and other debt costs, net (24,156) (29,068) (30,439)
Nonoperating Income (Expense), Total (10,859) (26,891) (46,022)
Loss before income taxes (197,661) (113,495) (153,519)
Income tax (benefit) expense (965) 27,724 18,252
Net loss (196,696) (141,219) (171,771)
Less: Net income (losses) attributable to noncontrolling interests (454) 524 (254)
Net loss attributable to Tidewater Inc. $ (196,242) $ (141,743) $ (171,517)
Basic loss per common share (in dollars per share) $ (4.86) $ (3.71) $ (6.45)
Diluted loss per common share (in dollars per share) $ (4.86) $ (3.71) $ (6.45)
Weighted average common shares outstanding (in shares) 40,354,638 38,204,934 26,589,883
Dilutive effect of stock options and restricted stock (in shares) 0 0 0
Adjusted weighted average common shares (in shares) 40,354,638 38,204,934 26,589,883
Vessel [Member]      
Revenues:      
Revenue $ 386,174 $ 477,015 $ 397,206
Product and Service, Other [Member]      
Revenues:      
Revenue $ 10,864 $ 9,534 $ 9,314