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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 36,315 $ 37,619
Restricted cash 3,596 3,601
Receivables:    
Trade, net of allowance for credit loss accounts of $1,142 and $1,312 in 2022 and 2021, respectively 49,238 55,544
Other 8,799 6,118
Tax receivable 1,238 1,238
Inventories 1,297 928
Prepaid expenses and other 3,724 3,730
Total current assets 104,207 108,778
Property and Equipment:    
Historical cost 1,006,873 1,025,284
Accumulated depreciation (316,444) (317,297)
Property and equipment 690,429 707,987
Construction in progress 15,550 15,531
Net property and equipment 705,979 723,518
Right-of-use asset - operating leases 6,238 6,608
Right-of-use asset - finance leases 7,290 100
Investments, at equity, and advances to 50% or less owned companies 76,860 71,727
Other assets 2,057 1,771
Total assets 902,631 912,502
Current Liabilities:    
Current portion of operating lease liabilities 2,073 1,986
Current portion of financing lease liabilities 190 33
Current portion of long-term debt:    
Recourse 32,708 31,602
Accounts payable and accrued expenses 32,585 28,419
Due to SEACOR Holdings 264 274
Accrued wages and benefits 4,163 3,711
Accrued interest 3,819 2,273
Deferred revenue and unearned revenue 962 1,606
Accrued capital, repair, and maintenance expenditures 4,846 2,438
Accrued insurance deductibles and premiums 2,812 2,720
Accrued professional fees 1,102 1,214
Derivatives 653 1,831
Other current liabilities 5,366 6,558
Total current liabilities 91,543 84,665
Long-term operating lease liabilities 4,420 4,885
Long-term financing lease liabilities 7,183 76
Long-term Debt:    
Recourse 320,796 327,300
Non-recourse 5,468 5,462
Conversion option liability on convertible senior notes 34  
Deferred income taxes 37,153 40,682
Deferred gains and other liabilities 2,990 2,891
Total liabilities 469,587 465,961
SEACOR Marine Holdings Inc. stockholders’ equity:    
Common stock, $.01 par value, 60,000,000 shares authorized; 26,886,011 and 26,120,124 shares issued in 2022 and 2021, respectively 269 262
Additional paid-in capital 463,138 461,931
Accumulated deficit (37,744) (22,907)
Shares held in treasury of 242,138 and 127,887, respectively, at cost (1,792) (1,120)
Accumulated other comprehensive income, net of tax 8,853 8,055
Total stockholders equity 432,724 446,221
Noncontrolling interests in subsidiaries 320 320
Total equity 433,044 446,541
Total liabilities and equity $ 902,631 $ 912,502