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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 40,605 $ 67,455
Restricted cash 2,255 16,676
Receivables:    
Trade, net of allowance for credit loss of $4,586 and $4,543 as of June 30, 2024 and December 31, 2023, respectively 70,770 63,728
Other 6,210 11,049
Tax receivable 983 983
Inventories 3,117 1,609
Prepaid expenses and other 5,659 2,686
Assets held for sale 500 500
Total current assets 130,099 164,686
Property and Equipment:    
Historical cost 921,443 918,823
Accumulated depreciation (349,799) (324,141)
Property and equipment 571,644 594,682
Construction in progress 11,518 10,362
Net property and equipment 583,162 605,044
Right-of-use asset - operating leases 3,683 4,291
Right-of-use asset - finance leases 28 37
Investments, at equity, and advances to 50% or less owned companies 2,641 4,125
Other assets 1,953 2,153
Total assets 721,566 780,336
Current Liabilities:    
Current portion of operating lease liabilities 861 1,591
Current portion of finance lease liabilities 26 35
Current portion of long-term debt 28,605 28,365
Accounts payable 17,790 27,562
Accrued wages and benefits 3,412 5,083
Accrued interest 1,716 1,850
Unearned revenue 2,580 687
Accrued capital, repair, and maintenance expenditures 7,300 2,471
Accrued insurance deductibles and premiums 3,073 3,189
Other current liabilities 5,714 6,253
Total current liabilities 71,077 77,086
Long-term operating lease liabilities 3,276 3,529
Long-term finance lease liabilities 5 6
Long-term debt 277,740 287,544
Deferred income taxes 30,083 35,718
Deferred gains and other liabilities 1,447 2,229
Total liabilities 383,628 406,112
SEACOR Marine Holdings Inc. stockholders’ equity:    
Common stock, $.01 par value, 60,000,000 shares authorized; 28,433,110 and 27,665,792 shares issued as of June 30, 2024 and December 31, 2023, respectively 286 280
Additional paid-in capital 476,020 472,692
Accumulated deficit (138,028) (102,425)
Shares held in treasury of 796,926 and 418,014 as of June 30, 2024 and December 31, 2023, respectively, at cost (8,110) (4,221)
Accumulated other comprehensive income, net of tax 7,449 7,577
Total stockholders equity 337,617 373,903
Noncontrolling interests in subsidiaries 321 321
Total equity 337,938 374,224
Total liabilities and equity $ 721,566 $ 780,336