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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 40,570 $ 39,963
Restricted cash 3,082 3,082
Receivables:    
Trade, net of allowance for credit loss accounts of $1,546 and $1,650 as of March 31, 2023 and December 31, 2022, respectively 60,114 54,388
Other 11,913 7,638
Note receivable 10,000 15,000
Tax receivable 445 578
Inventories 2,207 2,123
Prepaid expenses and other 3,233 3,054
Assets held for sale 0 6,750
Total current assets 131,564 132,576
Property and Equipment:    
Historical cost 969,328 967,683
Accumulated depreciation (324,197) (310,778)
Property and equipment 645,131 656,905
Construction in progress 8,540 8,111
Net property and equipment 653,671 665,016
Right-of-use asset - operating leases 5,984 6,206
Right-of-use asset - finance leases 6,654 6,813
Investments, at equity, and advances to 50% or less owned companies 3,594 3,024
Other assets 2,079 1,995
Total assets 803,546 815,630
Current Liabilities:    
Current portion of operating lease liabilities 1,764 2,358
Current portion of finance lease liabilities 563 468
Current portion of long-term debt:    
Recourse 60,523 61,512
Accounts payable and accrued expenses 44,255 37,954
Due to SEACOR Holdings 264 264
Accrued wages and benefits 5,025 4,361
Accrued interest 4,675 2,305
Deferred revenue and unearned revenue 1,487 2,333
Accrued capital, repair, and maintenance expenditures 1,327 2,748
Accrued insurance deductibles and premiums 2,837 2,428
Accrued professional fees 873 1,114
Other current liabilities 3,961 3,580
Total current liabilities 127,554 121,425
Long-term operating lease liabilities 4,474 4,739
Long-term finance lease liabilities 6,644 6,781
Long-term Debt:    
Recourse 248,974 254,653
Non-recourse 5,476 5,466
Deferred income taxes 39,120 40,779
Deferred gains and other liabilities 2,264 2,641
Total liabilities 434,506 436,484
SEACOR Marine Holdings Inc. stockholders’ equity:    
Common stock, $.01 par value, 60,000,000 shares authorized; 27,574,544 and 26,950,799 shares issued as of March 31, 2023 and December 31, 2022, respectively 279 272
Additional paid-in capital 467,896 466,669
Accumulated deficit (102,700) (93,111)
Shares held in treasury of 468,966 and 248,638 as of March 31, 2023 and December 31, 2022, respectively, at cost (4,119) (1,852)
Accumulated other comprehensive income, net of tax 7,363 6,847
Total stockholders equity 368,719 378,825
Noncontrolling interests in subsidiaries 321 321
Total equity 369,040 379,146
Total liabilities and equity $ 803,546 $ 815,630