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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Revenue $ 371,033 $ 397,038 $ 486,549
Costs and expenses:      
Vessel operating costs 261,814 268,780 329,196
Costs of other operating revenues 2,231 3,405 2,800
General and administrative 68,516 73,447 103,716
Depreciation and amortization 114,544 116,709 101,931
(Gain) loss on asset dispositions, net 2,901 (7,591) (2,263)
Affiliate credit loss impairment expense 400 52,981 0
Affiliate guarantee obligation 0 2,000 0
Long-lived asset impairments and other 15,643 74,109 37,773
Total costs and expenses 466,049 583,840 573,153
Operating loss (95,016) (186,802) (86,604)
Other income (expense):      
Foreign exchange loss (369) (5,245) (1,269)
Equity in net earnings (losses) of unconsolidated companies (3,322) 164 (3,152)
Dividend income from unconsolidated company 0 17,150 0
Interest income and other, net 1,605 1,228 6,598
Loss on early extinguishment of debt (11,100) 0 0
Interest and other debt costs, net (15,583) (24,156) (29,068)
Total other expense (28,769) (10,859) (26,891)
Loss before income taxes (123,785) (197,661) (113,495)
Income tax (benefit) expense 5,875 (965) 27,724
Net loss (129,660) (196,696) (141,219)
Less: Net income (losses) attributable to noncontrolling interests (691) (454) 524
Net loss attributable to Tidewater Inc. $ (128,969) $ (196,242) $ (141,743)
Basic loss per common share (in dollars per share) $ (3.14) $ (4.86) $ (3.71)
Diluted loss per common share (in dollars per share) $ (3.14) $ (4.86) $ (3.71)
Weighted average common shares outstanding (in shares) 41,008,907 40,354,638 38,204,934
Dilutive effect of stock options and restricted stock (in shares) 0 0 0
Adjusted weighted average common shares (in shares) 41,008,907 40,354,638 38,204,934
Vessel [Member]      
Revenues:      
Revenue $ 361,569 $ 386,174 $ 477,015
Product and Service, Other [Member]      
Revenues:      
Revenue $ 9,464 $ 10,864 $ 9,534