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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 35,601 $ 67,455
Restricted cash 2,263 16,676
Receivables:    
Trade, net of allowance for credit loss of $4,687 and $4,543 as of September 30, 2024 and December 31, 2023, respectively 76,497 63,728
Other 7,841 11,049
Tax receivable 983 983
Inventories 3,139 1,609
Prepaid expenses and other 4,840 2,686
Assets held for sale 0 500
Total current assets 131,164 164,686
Property and Equipment:    
Historical cost 921,445 918,823
Accumulated depreciation (362,604) (324,141)
Property and equipment 558,841 594,682
Construction in progress 11,935 10,362
Net property and equipment 570,776 605,044
Right-of-use asset - operating leases 3,575 4,291
Right-of-use asset - finance leases 19 37
Investments, at equity, and advances to 50% or less owned companies 2,046 4,125
Other assets 1,864 2,153
Total assets 709,444 780,336
Current Liabilities:    
Current portion of operating lease liabilities 494 1,591
Current portion of finance lease liabilities 17 35
Current portion of long-term debt 28,605 28,365
Accounts payable 22,744 27,562
Accrued wages and benefits 5,179 5,083
Accrued interest 3,681 1,850
Unearned revenue 2,472 687
Accrued capital, repair, and maintenance expenditures 8,474 2,471
Accrued insurance deductibles and premiums 3,079 3,189
Other current liabilities 5,923 6,253
Total current liabilities 80,668 77,086
Long-term operating lease liabilities 3,221 3,529
Long-term finance lease liabilities 4 6
Long-term debt 272,325 287,544
Deferred income taxes 26,802 35,718
Deferred gains and other liabilities 1,416 2,229
Total liabilities 384,436 406,112
SEACOR Marine Holdings Inc. stockholders’ equity:    
Common stock, $.01 par value, 60,000,000 shares authorized; 28,442,188 and 27,665,792 shares issued as of September 30, 2024 and December 31, 2023, respectively 287 280
Additional paid-in capital 477,661 472,692
Accumulated deficit (154,374) (102,425)
Shares held in treasury of 796,926 and 418,014 as of September 30, 2024 and December 31, 2023, respectively, at cost (8,110) (4,221)
Accumulated other comprehensive income, net of tax 9,223 7,577
Total stockholders equity 324,687 373,903
Noncontrolling interests in subsidiaries 321 321
Total equity 325,008 374,224
Total liabilities and equity $ 709,444 $ 780,336