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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Revenue $ 89,953 $ 102,344 $ 173,457 $ 218,712
Costs and expenses:        
Vessel operating costs 64,263 64,774 125,283 143,599
Costs of other operating revenues 581 171 1,648 2,844
General and administrative 16,787 17,597 32,830 39,017
Depreciation and amortization 28,549 28,144 58,276 55,251
Long-lived asset impairments 0 55,482 0 65,689
Affiliate credit loss impairment expense (credit) (1,000) 53,581 (1,000) 53,581
Affiliate guarantee obligation 0 2,000 0 2,000
(Gain) loss on asset dispositions, net 932 (1,660) 2,880 (6,991)
Costs and Expenses, Total 110,112 220,089 219,917 354,990
Operating loss (20,159) (117,745) (46,460) (136,278)
Other income (expense):        
Foreign exchange gain (loss) 422 (2,076) (428) (1,212)
Equity in net earnings (losses) of unconsolidated companies 52 0 (1,797) 0
Dividend income from unconsolidated company 0 17,150 0 17,150
Interest income and other, net 8 696 31 812
Interest and other debt costs, net (3,944) (5,959) (8,485) (12,101)
Nonoperating Income (Expense), Total (3,462) 9,811 (10,679) 4,649
Loss before income taxes (23,621) (107,934) (57,139) (131,629)
Income tax (benefit) expense 6,026 2,730 8,035 (2,441)
Net loss (29,647) (110,664) (65,174) (129,188)
Net loss attributable to noncontrolling interests (185) (41) (397) (120)
Net loss attributable to Tidewater Inc. $ (29,462) $ (110,623) $ (64,777) $ (129,068)
Basic loss per common share (in dollars per share) $ (0.72) $ (2.74) $ (1.59) $ (3.21)
Diluted loss per common share (in dollars per share) $ (0.72) $ (2.74) $ (1.59) $ (3.21)
Weighted average common shares outstanding (in shares) 40,899 40,306 40,808 40,203
Adjusted weighted average common shares (in shares) 40,899 40,306 40,808 40,203
Vessel [Member]        
Revenues:        
Revenue $ 88,514 $ 100,975 $ 169,507 $ 212,949
Product and Service, Other [Member]        
Revenues:        
Revenue $ 1,439 $ 1,369 $ 3,950 $ 5,763