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VARIABLE INTEREST ENTITIES (Tables)
6 Months Ended
Sep. 30, 2015
Variable Interest Entities [Abstract]  
Primary Beneficiary Variable Interest Financial Statements
Bristow Aviation and its subsidiaries are exposed to similar operational risks and are therefore monitored and evaluated on a similar basis by management. Accordingly, the financial information reflected on our condensed consolidated balance sheets and statements of operations for Bristow Aviation and subsidiaries is presented in the aggregate, including intercompany amounts with other consolidated entities, as follows (in thousands):
 
 
 
September 30, 
 2015
 
March 31,  
 2015
 
 
Assets
 
 
 
 
 
 
Cash and cash equivalents
 
$
109,507

 
$
91,190

 
 
Accounts receivable
 
539,509

 
521,989

 
 
Inventories
 
102,497

 
100,065

 
 
Prepaid expenses and other current assets
 
82,828

 
42,659

 
 
Total current assets
 
834,341

 
755,903

 
 
Investment in unconsolidated affiliates
 
273

 
64

 
 
Property and equipment, net
 
252,819

 
243,357

 
 
Goodwill
 
46,460

 
61,242

 
 
Other assets
 
89,277

 
78,637

 
 
Total assets
 
$
1,223,170

 
$
1,139,203

 
 
Liabilities
 
 
 
 
 
 
Accounts payable
 
$
523,943

 
$
379,357

 
 
Accrued liabilities
 
145,466

 
154,306

 
 
Accrued interest
 
1,592,456

 
1,489,369

 
 
Deferred taxes
 

 
1,128

 
 
Current maturities of long-term debt
 
9,041

 
9,643

 
 
Total current liabilities
 
2,270,906

 
2,033,803

 
 
Long-term debt, less current maturities
 
164,234

 
168,245

 
 
Accrued pension liabilities
 
91,908

 
99,576

 
 
Other liabilities and deferred credits
 
8,114

 
11,948

 
 
Deferred taxes
 
13,301

 
14,457

 
 
Temporary equity
 
30,527

 
26,223

 
 
Total liabilities
 
$
2,578,990

 
$
2,354,252

 

 
 
 
 
Three Months Ended 
 September 30,
 
Six Months Ended 
 September 30,
 
 
 
 
2015
 
2014
 
2015
 
2014
 
 
Revenue
 
$
377,362

 
$
391,615

 
$
764,133

 
$
775,432

 
 
Operating income (loss)
 
(9,829
)
 
7,018

 
(27,573
)
 
23,718

 
 
Net loss
 
(78,938
)
 
(47,767
)
 
(143,715
)
 
(85,348
)