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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Revenue $ 191,762 $ 92,401 $ 460,938 $ 265,858
Costs and expenses:        
Vessel operating costs 113,037 65,344 281,805 190,627
Costs of other operating revenues 592 355 1,436 2,003
General and administrative 27,267 18,045 73,288 50,875
Depreciation and amortization 30,856 27,980 89,279 86,256
Long-lived asset impairment and other 1,214 2,167 714 2,167
Affiliate credit loss impairment credit 0 0 0 (1,000)
(Gain) loss on asset dispositions, net (264) 74 826 2,954
Total costs and expenses 172,702 113,965 447,348 333,882
Operating income (loss) 19,060 (21,564) 13,590 (68,024)
Other income (expense):        
Foreign exchange loss (3,997) (523) (4,932) (951)
Equity in net earnings (losses) of unconsolidated companies 9 100 (235) (1,697)
Interest income and other, net 581 148 4,416 179
Loss on warrants 0 0 (14,175) 0
Interest and other debt costs, net (4,391) (3,681) (12,850) (12,166)
Total other expense (7,798) (3,956) (27,776) (14,635)
Income (loss) before income taxes 11,262 (25,520) (14,186) (82,659)
Income tax expense 6,352 887 18,189 8,922
Net income (loss) 4,910 (26,407) (32,375) (91,581)
Net loss attributable to noncontrolling interests (470) (149) (6) (546)
Net income (loss) attributable to Tidewater Inc. $ 5,380 $ (26,258) $ (32,369) $ (91,035)
Basic income (loss) per common share (in dollars per share) $ 0.12 $ (0.64) $ (0.76) $ (2.22)
Diluted income (loss) per common share (in dollars per share) $ 0.10 $ (0.64) $ (0.76) $ (2.22)
Weighted average common shares outstanding (in shares) 44,451 41,132 42,570 40,918
Dilutive effect of warrants, restricted stock units and stock options (in shares) 7,069 0 0 0
Adjusted weighted average common shares (in shares) 51,520 41,132 42,570 40,918
Vessel [Member]        
Revenues:        
Revenue $ 190,247 $ 91,634 $ 456,298 $ 261,141
Product and Service, Other [Member]        
Revenues:        
Revenue $ 1,515 $ 767 $ 4,640 $ 4,717