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Note 12 - Property and Equipment, Accrued Expenses, Other Current Liabilities, and Other Liabilities

3 Months Ended

Mar. 31, 2022

Other Assets Accrued Expenses Other Current Liabilities And Other Liabilities And Deferred Credits [Text Block]

(12)

PROPERTIES AND EQUIPMENT, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES

As of March 31, 2022, our property and equipment consist primarily of 138 active vessels, which excludes the 12 vessels we have classified as held for sale, located around the world. As of December 31, 2021, our property and equipment consisted primarily of 135 active vessels, which excluded 18 vessels classified as held for sale.

A summary of properties and equipment is as follows:

(In Thousands)
	March 31, 2022		December 31, 2021
Properties and equipment:
Vessels and related equipment	$	901,644	$	898,649
Other properties and equipment		23,574		19,625
		925,218		918,274
Less accumulated depreciation and amortization		247,638		230,234
Properties and equipment, net	$	677,580	$	688,040

A summary of accrued expenses is as follows:

(In Thousands)
	March 31, 2022		December 31, 2021
Payroll and related payables	$	16,121	$	18,627
Accrued vessel expenses		20,000		19,662
Accrued interest expense		5,578		1,859
Other accrued expenses		13,442		11,586
	$	55,141	$	51,734

A summary of other current liabilities is as follows:

(In Thousands)
	March 31, 2022		December 31, 2021
Taxes payable	$	21,352	$	18,977
Other		4,119		4,888
	$	25,471	$	23,865

A summary of other liabilities is as follows:

(In Thousands)
	March 31, 2022		December 31, 2021
Pension liabilities	$	26,523	$	26,872
Liability for uncertain tax positions		30,356		29,283
Other		14,013		12,029
	$	70,892	$	68,184