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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
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Dec. 31, 2014
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Dec. 31, 2013
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Dec. 31, 2014
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Dec. 31, 2013
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| Gross revenue: | ||||
| Operating revenue from non-affiliates | $ 408,388brs_SalesRevenueNetExcludingOperatingRevenueFromAffiliates | $ 351,193brs_SalesRevenueNetExcludingOperatingRevenueFromAffiliates | $ 1,242,462brs_SalesRevenueNetExcludingOperatingRevenueFromAffiliates | $ 1,041,290brs_SalesRevenueNetExcludingOperatingRevenueFromAffiliates |
| Operating revenue from affiliates | 21,930us-gaap_RevenueFromRelatedParties | 22,371us-gaap_RevenueFromRelatedParties | 65,649us-gaap_RevenueFromRelatedParties | 70,451us-gaap_RevenueFromRelatedParties |
| Reimbursable revenue from non-affiliates | 29,822brs_ReimbursableRevenueFromNonAffiliates | 38,760brs_ReimbursableRevenueFromNonAffiliates | 100,203brs_ReimbursableRevenueFromNonAffiliates | 116,840brs_ReimbursableRevenueFromNonAffiliates |
| Reimbursable revenue from affiliates | 0brs_ReimbursableRevenueFromAffiliates | 11brs_ReimbursableRevenueFromAffiliates | 0brs_ReimbursableRevenueFromAffiliates | 76brs_ReimbursableRevenueFromAffiliates |
| Total consolidated gross revenue | 460,140us-gaap_Revenues | 412,335us-gaap_Revenues | 1,408,314us-gaap_Revenues | 1,228,657us-gaap_Revenues |
| Operating expense: | ||||
| Direct cost | 299,230us-gaap_DirectOperatingCosts | 261,590us-gaap_DirectOperatingCosts | 898,650us-gaap_DirectOperatingCosts | 773,612us-gaap_DirectOperatingCosts |
| Reimbursable expense | 28,549us-gaap_CostOfReimbursableExpense | 36,677us-gaap_CostOfReimbursableExpense | 94,466us-gaap_CostOfReimbursableExpense | 109,734us-gaap_CostOfReimbursableExpense |
| Depreciation and amortization | 23,625us-gaap_DepreciationDepletionAndAmortization | 23,655us-gaap_DepreciationDepletionAndAmortization | 77,164us-gaap_DepreciationDepletionAndAmortization | 70,332us-gaap_DepreciationDepletionAndAmortization |
| General and administrative | 72,531us-gaap_SellingGeneralAndAdministrativeExpense | 48,948us-gaap_SellingGeneralAndAdministrativeExpense | 194,687us-gaap_SellingGeneralAndAdministrativeExpense | 135,735us-gaap_SellingGeneralAndAdministrativeExpense |
| Operating expense | 423,935us-gaap_OperatingExpenses | 370,870us-gaap_OperatingExpenses | 1,264,967us-gaap_OperatingExpenses | 1,089,413us-gaap_OperatingExpenses |
| Gain (loss) on disposal of assets | (26,331)us-gaap_GainLossOnSaleOfPropertyPlantEquipment | 3,982us-gaap_GainLossOnSaleOfPropertyPlantEquipment | (25,594)us-gaap_GainLossOnSaleOfPropertyPlantEquipment | (803)us-gaap_GainLossOnSaleOfPropertyPlantEquipment |
| Earnings from unconsolidated affiliates, net of losses | (958)brs_EarningsFromUnconsolidatedAffiliates | (15,945)brs_EarningsFromUnconsolidatedAffiliates | 419brs_EarningsFromUnconsolidatedAffiliates | 1,115brs_EarningsFromUnconsolidatedAffiliates |
| Operating income | 8,916brs_OperatingIncomeLossIncludingIncomeLossFromUnconsolidatedAffiliatesAndGainLossFromSaleOfPropertyPlantAndEquipment | 29,502brs_OperatingIncomeLossIncludingIncomeLossFromUnconsolidatedAffiliatesAndGainLossFromSaleOfPropertyPlantAndEquipment | 118,172brs_OperatingIncomeLossIncludingIncomeLossFromUnconsolidatedAffiliatesAndGainLossFromSaleOfPropertyPlantAndEquipment | 139,556brs_OperatingIncomeLossIncludingIncomeLossFromUnconsolidatedAffiliatesAndGainLossFromSaleOfPropertyPlantAndEquipment |
| Interest expense, net | (6,976)us-gaap_InterestIncomeExpenseNet | (6,846)us-gaap_InterestIncomeExpenseNet | (21,675)us-gaap_InterestIncomeExpenseNet | (35,413)us-gaap_InterestIncomeExpenseNet |
| Gain on sale of unconsolidated affiliates | 3,921us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal | 0us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal | 3,921us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal | 103,924us-gaap_EquityMethodInvestmentRealizedGainLossOnDisposal |
| Other income (expense), net | (5,223)us-gaap_OtherNonoperatingIncome | (696)us-gaap_OtherNonoperatingIncome | (9,143)us-gaap_OtherNonoperatingIncome | (575)us-gaap_OtherNonoperatingIncome |
| Income before provision for income taxes | 638us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 21,960us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 91,275us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 207,492us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest |
| Provision for income taxes | (567)us-gaap_IncomeTaxExpenseBenefit | (2,946)us-gaap_IncomeTaxExpenseBenefit | (18,376)us-gaap_IncomeTaxExpenseBenefit | (51,682)us-gaap_IncomeTaxExpenseBenefit |
| Net income | 71us-gaap_ProfitLoss | 19,014us-gaap_ProfitLoss | 72,899us-gaap_ProfitLoss | 155,810us-gaap_ProfitLoss |
| Net income attributable to noncontrolling interests | (1,039)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (87)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | (3,676)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest | 609us-gaap_NetIncomeLossAttributableToNoncontrollingInterest |
| Net income (loss) attributable to Bristow Group | $ (968)us-gaap_NetIncomeLoss | $ 18,927us-gaap_NetIncomeLoss | $ 69,223us-gaap_NetIncomeLoss | $ 156,419us-gaap_NetIncomeLoss |
| Earnings per common share: | ||||
| Basic earnings per share | $ (0.03)us-gaap_EarningsPerShareBasic | $ 0.52us-gaap_EarningsPerShareBasic | $ 1.96us-gaap_EarningsPerShareBasic | $ 4.32us-gaap_EarningsPerShareBasic |
| Diluted earnings per share | $ (0.03)us-gaap_EarningsPerShareDiluted | $ 0.51us-gaap_EarningsPerShareDiluted | $ 1.94us-gaap_EarningsPerShareDiluted | $ 4.28us-gaap_EarningsPerShareDiluted |
| Cash dividends declared per common share | $ 0.32us-gaap_CommonStockDividendsPerShareDeclared | $ 0.25us-gaap_CommonStockDividendsPerShareDeclared | $ 0.96us-gaap_CommonStockDividendsPerShareDeclared | $ 0.75us-gaap_CommonStockDividendsPerShareDeclared |
| X | ||||||||||
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- Definition
Includes earnings accounted for under the equity method and dividends accounted for under the cost method from unconsolidated affiliates. No definition available.
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- Definition
The net result for the period of deducting operating expense from operating revenue and then adding (deducting) gain (loss) on disposal of assets and earnings (losses) from unconsolidated affiliates. No definition available.
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| X | ||||||||||
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- Definition
Repayment received for expenses incurred between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's' management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) a parent and its minority interests. No definition available.
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- Definition
Repayment received for expenses incurred on behalf of the client or customer, other than those reimbursements received by landlords from tenants reduced by reimbursable revenue from affiliates. No definition available.
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- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by operating revenue from affiliates, sales returns and allowances, and sales discounts. No definition available.
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- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Cost associated with reimbursable income. This occurs when a services entity incurs expenses on behalf of the client and passes through the cost of reimbursable expenses to a client. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate direct operating costs incurred during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of gain (loss) on sale or disposal of an equity method investment. No definition available.
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| X | ||||||||||
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- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The aggregate amount of other income amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) profits on securities (net of losses), and (d) miscellaneous other income items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of revenue, fees and commissions earned from transactions between (a) a parent company and its subsidiaries; (b) subsidiaries of a common parent; (c) an entity and trusts for the benefit of employees, for example, but not limited to, pension and profit-sharing trusts that are managed by or under the trusteeship of the entity's management; (d) an entity and its principal, owners, management, or members of their immediate families; and (e) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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