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SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION SUPPLEMENTAL CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)
 6 Months Ended
Sep. 30, 2016
DisclosureTextBlockAbstract [Abstract]  
Condensed Income Statement [Table Text Block]
The following supplemental financial information sets forth, on a consolidating basis, the balance sheet, statement of operations, comprehensive income and cash flow information for Bristow Group Inc. (“Parent Company Only”), for the Guarantor Subsidiaries and for our other subsidiaries (the “Non-Guarantor Subsidiaries”). We have not presented separate financial statements and other disclosures concerning the Guarantor Subsidiaries because management has determined that such information is not material to investors.
The supplemental condensed consolidating financial information has been prepared pursuant to the rules and regulations for condensed financial information and does not include all disclosures included in annual financial statements, although we believe that the disclosures made are adequate to make the information presented not misleading. The principal eliminating entries eliminate investments in subsidiaries, intercompany balances and intercompany revenue and expense.
The allocation of the consolidated income tax provision was made using the with and without allocation method.
Supplemental Condensed Consolidating Statement of Operations
Three Months Ended September 30, 2016
 
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Revenue:
 
 
 
 
 
 
 
 
 
 
Gross revenue
 
$
—

 
$
42,543

 
$
314,924

 
$
—

 
$
357,467

Intercompany revenue
 
—

 
24,323

 
—

 
(24,323
)
 
—

 
 
—

 
66,866

 
314,924

 
(24,323
)
 
357,467

Operating expense:
 
 
 
 
 
 
 
 
 
 
Direct cost and reimbursable expense
 
(374
)
 
47,858

 
247,422

 
—

 
294,906

Intercompany expenses
 
—

 
—

 
24,323

 
(24,323
)
 
—

Depreciation and amortization
 
2,223

 
10,805

 
15,564

 
—

 
28,592

General and administrative
 
17,487

 
6,490

 
27,297

 
—

 
51,274

 
 
19,336

 
65,153

 
314,606

 
(24,323
)
 
374,772

 
 
 
 
 
 
 
 
 
 
 
Loss on impairment
 
—

 
(4,761
)
 
(2,811
)
 
—

 
(7,572
)
Loss on disposal of assets
 
—

 
(1,348
)
 
(838
)
 
—

 
(2,186
)
Earnings from unconsolidated affiliates, net of losses
 
(9,647
)
 
—

 
138

 
9,690

 
181

Operating loss
 
(28,983
)
 
(4,396
)
 
(3,193
)
 
9,690

 
(26,882
)
Interest expense, net
 
(10,347
)
 
(371
)
 
(750
)
 
—

 
(11,468
)
Other income (expense), net
 
206

 
411

 
2,386

 
—

 
3,003

 
 
 
 
 
 
 
 
 
 
 
Loss before (provision) benefit for income taxes
 
(39,124
)
 
(4,356
)
 
(1,557
)
 
9,690

 
(35,347
)
Allocation of consolidated income taxes
 
9,339

 
(1,510
)
 
(2,589
)
 
—

 
5,240

Net loss
 
(29,785
)
 
(5,866
)
 
(4,146
)
 
9,690

 
(30,107
)
Net (income) loss attributable to noncontrolling interests
 
(12
)
 
—

 
322

 
—

 
310

Net loss attributable to Bristow Group
 
$
(29,797
)
 
$
(5,866
)
 
$
(3,824
)
 
$
9,690

 
$
(29,797
)
Supplemental Condensed Consolidating Statement of Operations
Six Months Ended September 30, 2016
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Revenue:
 
 
 
 
 
 
 
 
 
 
Gross revenue
 
$
—

 
$
87,856

 
$
639,009

 
$
—

 
$
726,865

Intercompany revenue
 
—

 
48,614

 
—

 
(48,614
)
 
—

 
 
—

 
136,470

 
639,009

 
(48,614
)
 
726,865

Operating expense:
 
 
 
 
 
 
 
 
 
 
Direct cost and reimbursable expense
 
(631
)
 
96,476

 
501,218

 
—

 
597,063

Intercompany expenses
 
—

 
—

 
48,614

 
(48,614
)
 
—

Depreciation and amortization
 
4,316

 
27,786

 
31,184

 
—

 
63,286

General and administrative
 
37,746

 
13,080

 
53,043

 
—

 
103,869

 
 
41,431

 
137,342

 
634,059

 
(48,614
)
 
764,218

 
 
 
 
 
 
 
 
 
 
 
Loss on impairment
 
—

 
(4,761
)
 
(2,811
)
 
—

 
(7,572
)
Loss on disposal of assets
 
—

 
(11,575
)
 
(628
)
 
—

 
(12,203
)
Earnings from unconsolidated affiliates, net of losses
 
(22,423
)
 
—

 
3,968

 
22,466

 
4,011

Operating income (loss)
 
(63,854
)
 
(17,208
)
 
5,479

 
22,466

 
(53,117
)
Interest expense, net
 
(20,232
)
 
(1,028
)
 
(1,094
)
 
—

 
(22,354
)
Other income (expense), net
 
752

 
1,646

 
(5,584
)
 
—

 
(3,186
)
Income (loss) before provision for income taxes
 
(83,334
)
 
(16,590
)
 
(1,199
)
 
22,466

 
(78,657
)
Allocation of consolidated income taxes
 
12,792

 
(3,732
)
 
(1,582
)
 
—

 
7,478

Net loss
 
(70,542
)
 
(20,322
)
 
(2,781
)
 
22,466

 
(71,179
)
Net (income) loss attributable to noncontrolling interests
 
(27
)
 
—

 
637

 
—

 
610

Net loss attributable to Bristow Group
 
$
(70,569
)
 
$
(20,322
)
 
$
(2,144
)
 
$
22,466

 
$
(70,569
)

Supplemental Condensed Consolidating Statement of Operations
Three Months Ended September 30, 2015
  
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Revenue:
 
 
 
 
 
 
 
 
 
 
Gross revenue
 
$
—

 
$
58,570

 
$
388,341

 
$
—

 
$
446,911

Intercompany revenue
 
—

 
21,924

 
—

 
(21,924
)
 
—

 
 
—

 
80,494

 
388,341

 
(21,924
)
 
446,911

Operating expense:
 
 
 
 
 
 
 
 
 
 
Direct cost and reimbursable expense
 
(1,061
)
 
50,731

 
284,589

 
—

 
334,259

Intercompany expenses
 
—

 
—

 
21,924

 
(21,924
)
 
—

Depreciation and amortization
 
1,675

 
17,530

 
18,182

 
—

 
37,387

General and administrative
 
19,764

 
5,961

 
27,732

 
—

 
53,457

 
 
20,378

 
74,222

 
352,427

 
(21,924
)
 
425,103

 
 
 
 
 
 
 
 
 
 
 
Loss on impairment
 
—

 
—

 
(22,274
)
 
—

 
(22,274
)
Loss on disposal of assets
 
—

 
(11,901
)
 
(2,106
)
 
—

 
(14,007
)
Earnings from unconsolidated affiliates, net of losses
 
(73,993
)
 
—

 
(15,360
)
 
73,993

 
(15,360
)
Operating loss
 
(94,371
)
 
(5,629
)
 
(3,826
)
 
73,993

 
(29,833
)
Interest expense, net
 
30,967

 
(1,081
)
 
(37,065
)
 
—

 
(7,179
)
Other income (expense), net
 
271

 
330

 
(12,025
)
 
—

 
(11,424
)
Loss before provision for income taxes
 
(63,133
)
 
(6,380
)
 
(52,916
)
 
73,993

 
(48,436
)
Allocation of consolidated income taxes
 
16,015

 
(1,273
)
 
(11,986
)
 
—

 
2,756

Net loss
 
(47,118
)
 
(7,653
)
 
(64,902
)
 
73,993

 
(45,680
)
Net income attributable to noncontrolling interests
 
(14
)
 
—

 
(1,438
)
 
—

 
(1,452
)
Net loss attributable to Bristow Group
 
(47,132
)
 
(7,653
)
 
(66,340
)
 
73,993

 
(47,132
)
Accretion of redeemable noncontrolling interests
 
—

 
—

 
4,803

 
—

 
4,803

Net loss attributable to common stockholders
 
$
(47,132
)
 
$
(7,653
)
 
$
(61,537
)
 
$
73,993

 
$
(42,329
)
Supplemental Condensed Consolidating Statement of Operations
Six Months Ended September 30, 2015

 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Revenue:
 
 
 
 
 
 
 
 
 
 
Gross revenue
 
$
—

 
$
123,426

 
$
790,481

 
$
—

 
$
913,907

Intercompany revenue
 
—

 
46,735

 
—

 
(46,735
)
 
—

 
 
—

 
170,161

 
790,481

 
(46,735
)
 
913,907

Operating expense:
 
 
 
 
 
 
 
 
 
 
Direct cost and reimbursable expense
 
(917
)
 
104,957

 
587,065

 
—

 
691,105

Intercompany expenses
 
—

 
—

 
46,735

 
(46,735
)
 
—

Depreciation and amortization
 
3,284

 
32,115

 
39,134

 
—

 
74,533

General and administrative
 
40,315

 
12,792

 
61,682

 
—

 
114,789

 
 
42,682

 
149,864

 
734,616

 
(46,735
)
 
880,427

 
 
 
 
 
 
 
 
 
 
 
Loss on impairment
 
—

 
(2,508
)
 
(25,205
)
 
—

 
(27,713
)
Loss on disposal of assets
 
—

 
(19,638
)
 
(2,064
)
 
—

 
(21,702
)
Earnings from unconsolidated affiliates, net of losses
 
(89,427
)
 
—

 
(9,064
)
 
89,427

 
(9,064
)
Operating income (loss)
 
(132,109
)
 
(1,849
)
 
19,532

 
89,427

 
(24,999
)
Interest expense, net
 
58,451

 
(2,346
)
 
(70,953
)
 
—

 
(14,848
)
Other income (expense), net
 
(45
)
 
84

 
(7,624
)
 
—

 
(7,585
)
Loss before provision for income taxes
 
(73,703
)
 
(4,111
)
 
(59,045
)
 
89,427

 
(47,432
)
Allocation of consolidated income taxes
 
23,342

 
(2,410
)
 
(20,809
)
 
—

 
123

Net loss
 
(50,361
)
 
(6,521
)
 
(79,854
)
 
89,427

 
(47,309
)
Net income attributable to noncontrolling interests
 
(28
)
 
—

 
(3,052
)
 
—

 
(3,080
)
Net loss attributable to Bristow Group
 
(50,389
)
 
(6,521
)
 
(82,906
)
 
89,427

 
(50,389
)
Accretion of redeemable noncontrolling interests
 
—

 
—

 
(1,498
)
 
—

 
(1,498
)
Net loss attributable to common stockholders
 
$
(50,389
)
 
$
(6,521
)
 
$
(84,404
)
 
$
89,427

 
$
(51,887
)
Condensed Statement of Comprehensive Income [Table Text Block]
The following supplemental financial information sets forth, on a consolidating basis, the balance sheet, statement of operations, comprehensive income and cash flow information for Bristow Group Inc. (“Parent Company Only”), for the Guarantor Subsidiaries and for our other subsidiaries (the “Non-Guarantor Subsidiaries”). We have not presented separate financial statements and other disclosures concerning the Guarantor Subsidiaries because management has determined that such information is not material to investors.
The supplemental condensed consolidating financial information has been prepared pursuant to the rules and regulations for condensed financial information and does not include all disclosures included in annual financial statements, although we believe that the disclosures made are adequate to make the information presented not misleading. The principal eliminating entries eliminate investments in subsidiaries, intercompany balances and intercompany revenue and expense.
The allocation of the consolidated income tax provision was made using the with and without allocation method.

Supplemental Condensed Consolidating Statement of Comprehensive Income (Loss)
Three Months Ended September 30, 2016
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Net loss
 
$
(29,785
)
 
$
(5,866
)
 
$
(4,146
)
 
$
9,690

 
$
(30,107
)
Other comprehensive loss:
 
 
 
 
 
 
 
 
 
 
Currency translation adjustments
 
—

 
—

 
(9,558
)
 
4,119

 
(5,439
)
Total comprehensive loss
 
(29,785
)
 
(5,866
)
 
(13,704
)
 
13,809

 
(35,546
)
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to noncontrolling interests
 
(12
)
 
—

 
322

 
—

 
310

Currency translation adjustments attributable to noncontrolling interests
 
—

 
—

 
(523
)
 
—

 
(523
)
Total comprehensive income attributable to noncontrolling interests
 
(12
)
 
—

 
(201
)
 
—

 
(213
)
Total comprehensive loss attributable to Bristow Group
 
$
(29,797
)
 
$
(5,866
)
 
$
(13,905
)
 
$
13,809

 
$
(35,759
)


Supplemental Condensed Consolidating Statement of Comprehensive Income (Loss)
Six Months Ended September 30, 2016

 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Net loss
 
$
(70,542
)
 
$
(20,322
)
 
$
(2,781
)
 
$
22,466

 
$
(71,179
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
Currency translation adjustments
 
—

 
—

 
208,234

 
(220,808
)
 
(12,574
)
Total comprehensive income (loss)
 
(70,542
)
 
(20,322
)
 
205,453

 
(198,342
)
 
(83,753
)
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to noncontrolling interests
 
(27
)
 
—

 
637

 
—

 
610

Currency translation adjustments attributable to noncontrolling interests
 
—

 
—

 
(4,965
)
 
—

 
(4,965
)
Total comprehensive income attributable to noncontrolling interests
 
(27
)
 
—

 
(4,328
)
 
—

 
(4,355
)
Total comprehensive income (loss) attributable to Bristow Group
 
$
(70,569
)
 
$
(20,322
)
 
$
201,125

 
$
(198,342
)
 
$
(88,108
)

Supplemental Condensed Consolidating Statement of Comprehensive Income (Loss)
Three Months Ended September 30, 2015
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Net loss
 
$
(47,118
)
 
$
(7,653
)
 
$
(64,902
)
 
$
73,993

 
$
(45,680
)
Other comprehensive loss:
 
 
 
 
 
 
 
 
 
 
Currency translation adjustments
 
(44,436
)
 
—

 
58,709

 
(31,223
)
 
(16,950
)
Total comprehensive loss
 
(91,554
)
 
(7,653
)
 
(6,193
)
 
42,770

 
(62,630
)
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to noncontrolling interests
 
(14
)
 
—

 
(1,438
)
 
—

 
(1,452
)
Currency translation adjustments attributable to noncontrolling interests
 
—

 
—

 
(1,535
)
 
—

 
(1,535
)
Total comprehensive income attributable to noncontrolling interests
 
(14
)
 
—

 
(2,973
)
 
—

 
(2,987
)
Total comprehensive loss attributable to Bristow Group
 
(91,568
)
 
(7,653
)
 
(9,166
)
 
42,770

 
(65,617
)
Accretion of redeemable noncontrolling interests
 
—

 
—

 
4,803

 
—

 
4,803

Total comprehensive loss attributable to common stockholders
 
$
(91,568
)
 
$
(7,653
)
 
$
(4,363
)
 
$
42,770

 
$
(60,814
)

Supplemental Condensed Consolidating Statement of Comprehensive Income (Loss)
Six Months Ended September 30, 2015
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Net loss
 
$
(50,361
)
 
$
(6,521
)
 
$
(79,854
)
 
$
89,427

 
$
(47,309
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
 
Currency translation adjustments
 
(6,871
)
 
—

 
40,303

 
(37,774
)
 
(4,342
)
Total comprehensive loss
 
(57,232
)
 
(6,521
)
 
(39,551
)
 
51,653

 
(51,651
)
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to noncontrolling interests
 
(28
)
 
—

 
(3,052
)
 
—

 
(3,080
)
Currency translation adjustments attributable to noncontrolling interests
 
—

 
—

 
571

 
—

 
571

Total comprehensive income attributable to noncontrolling interests
 
(28
)
 
—

 
(2,481
)
 
—

 
(2,509
)
Total comprehensive loss attributable to Bristow Group
 
(57,260
)
 
(6,521
)
 
(42,032
)
 
51,653

 
(54,160
)
Accretion of redeemable noncontrolling interests
 
—

 
—

 
(1,498
)
 
—

 
(1,498
)
Total comprehensive loss attributable to common stockholders
 
$
(57,260
)
 
$
(6,521
)
 
$
(43,530
)
 
$
51,653

 
$
(55,658
)
Condensed Balance Sheet [Table Text Block]
The following supplemental financial information sets forth, on a consolidating basis, the balance sheet, statement of operations, comprehensive income and cash flow information for Bristow Group Inc. (“Parent Company Only”), for the Guarantor Subsidiaries and for our other subsidiaries (the “Non-Guarantor Subsidiaries”). We have not presented separate financial statements and other disclosures concerning the Guarantor Subsidiaries because management has determined that such information is not material to investors.
The supplemental condensed consolidating financial information has been prepared pursuant to the rules and regulations for condensed financial information and does not include all disclosures included in annual financial statements, although we believe that the disclosures made are adequate to make the information presented not misleading. The principal eliminating entries eliminate investments in subsidiaries, intercompany balances and intercompany revenue and expense.
The allocation of the consolidated income tax provision was made using the with and without allocation method.

Supplemental Condensed Consolidating Balance Sheet
As of September 30, 2016
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
 
 
ASSETS
Current assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
—

 
$
1,012

 
$
100,287

 
$
(631
)
 
$
100,668

Accounts receivable
 
528,561

 
482,433

 
390,380

 
(1,194,018
)
 
207,356

Inventories
 
—

 
35,603

 
91,370

 
—

 
126,973

Assets held for sale
 
—

 
28,034

 
12,304

 
—

 
40,338

Prepaid expenses and other current assets
 
3,105

 
(2,133
)
 
49,538

 
—

 
50,510

Total current assets
 
531,666

 
544,949

 
643,879

 
(1,194,649
)
 
525,845

Intercompany investment
 
2,507,155

 
104,435

 
131,200

 
(2,742,790
)
 
—

Investment in unconsolidated affiliates
 
—

 
—

 
206,483

 
—

 
206,483

Intercompany notes receivable
 
145,696

 
13,786

 
3,600

 
(163,082
)
 
—

Property and equipment—at cost:
 
 
 
 
 
 
 
 
 
 
Land and buildings
 
4,806

 
63,932

 
168,544

 
—

 
237,282

Aircraft and equipment
 
148,739

 
1,115,785

 
1,350,061

 
—

 
2,614,585

 
 
153,545

 
1,179,717

 
1,518,605

 
—

 
2,851,867

Less: Accumulated depreciation and amortization
 
(26,927
)
 
(245,141
)
 
(288,887
)
 
—

 
(560,955
)
 
 
126,618

 
934,576

 
1,229,718

 
—

 
2,290,912

Goodwill
 
—

 
—

 
28,922

 
—

 
28,922

Other assets
 
40,646

 
638

 
104,650

 
—

 
145,934

Total assets
 
$
3,351,781

 
$
1,598,384

 
$
2,348,452

 
$
(4,100,521
)
 
$
3,198,096

 
 
 
 
 
 
 
 
 
 
 
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND STOCKHOLDERS’ INVESTMENT
Current liabilities:
 
 
 
 
 
 
 
 
 
 
Accounts payable
 
$
245,309

 
$
592,996

 
$
394,685

 
$
(1,122,340
)
 
$
110,650

Accrued liabilities
 
25,739

 
28,805

 
159,849

 
(15,418
)
 
198,975

Current deferred taxes
 
(1,422
)
 
2,281

 
(163
)
 
—

 
696

Short-term borrowings and current maturities of long-term debt
 
28,412

 
—

 
53,098

 
—

 
81,510

Contingent consideration
 
—

 
—

 
7,352

 
—

 
7,352

Total current liabilities
 
298,038

 
624,082

 
614,821

 
(1,137,758
)
 
399,183

Long-term debt, less current maturities
 
1,119,766

 
—

 
20,270

 
—

 
1,140,036

Intercompany notes payable
 
—

 
97,129

 
124,282

 
(221,411
)
 
—

Accrued pension liabilities
 
—

 
—

 
55,036

 
—

 
55,036

Other liabilities and deferred credits
 
9,452

 
6,371

 
9,314

 
—

 
25,137

Deferred taxes
 
128,766

 
5,278

 
15,284

 
—

 
149,328

Redeemable noncontrolling interest
 
—

 
—

 
13,175

 
—

 
13,175

Stockholders’ investment:
 
 
 
 
 
 
 
 
 
 
Common stock
 
378

 
20,028

 
115,317

 
(135,345
)
 
378

Additional paid-in-capital
 
803,801

 
29,387

 
284,048

 
(313,435
)
 
803,801

Retained earnings
 
1,096,794

 
816,109

 
824,282

 
(1,640,391
)
 
1,096,794

Accumulated other comprehensive loss
 
78,306

 
—

 
266,517

 
(652,181
)
 
(307,358
)
Treasury shares
 
(184,796
)
 
—

 
—

 
—

 
(184,796
)
Total Bristow Group stockholders’ investment
 
1,794,483

 
865,524

 
1,490,164

 
(2,741,352
)
 
1,408,819

Noncontrolling interests
 
1,276

 
—

 
6,106

 
—

 
7,382

Total stockholders’ investment
 
1,795,759

 
865,524

 
1,496,270

 
(2,741,352
)
 
1,416,201

Total liabilities, redeemable noncontrolling interests and stockholders’ investment
 
$
3,351,781

 
$
1,598,384

 
$
2,348,452

 
$
(4,100,521
)
 
$
3,198,096


Supplemental Condensed Consolidating Balance Sheet
As of March 31, 2016
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
ASSETS
Current assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
35,241

 
$
3,393

 
$
65,676

 
$
—

 
$
104,310

Accounts receivable
 
768,641

 
353,729

 
373,963

 
(1,247,016
)
 
249,317

Inventories
 
—

 
37,185

 
105,318

 
—

 
142,503

Assets held for sale
 
—

 
38,771

 
5,012

 
—

 
43,783

Prepaid expenses and other current assets
 
5,048

 
(1,843
)
 
49,978

 
—

 
53,183

Total current assets
 
808,930

 
431,235

 
599,947

 
(1,247,016
)
 
593,096

Intercompany investment
 
2,207,516

 
104,435

 
145,168

 
(2,457,119
)
 
—

Investment in unconsolidated affiliates
 
—

 
—

 
194,952

 
—

 
194,952

Intercompany notes receivable
 
153,078

 
13,787

 
3,600

 
(170,465
)
 
—

Property and equipment—at cost:
 
 
 
 
 
 
 
 
 
 
Land and buildings
 
4,776

 
63,976

 
184,346

 
—

 
253,098

Aircraft and equipment
 
137,751

 
1,142,829

 
1,289,997

 
—

 
2,570,577

 
 
142,527

 
1,206,805

 
1,474,343

 
—

 
2,823,675

Less: Accumulated depreciation and amortization
 
(23,556
)
 
(238,644
)
 
(278,223
)
 
—

 
(540,423
)
 
 
118,971

 
968,161

 
1,196,120

 
—

 
2,283,252

Goodwill
 
—

 
—

 
29,990

 
—

 
29,990

Other assets
 
48,190

 
743

 
112,722

 
—

 
161,655

Total assets
 
$
3,336,685

 
$
1,518,361

 
$
2,282,499

 
$
(3,874,600
)
 
$
3,262,945

 
 
 
 
 
 
 
 
 
 
 
LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND STOCKHOLDERS’ INVESTMENT
Current liabilities:
 
 
 
 
 
 
 
 
 
 
Accounts payable
 
$
208,230

 
$
475,118

 
$
296,860

 
$
(883,242
)
 
$
96,966

Accrued liabilities
 
26,886

 
31,371

 
401,031

 
(257,683
)
 
201,605

Current deferred taxes
 
88

 
1,914

 
(121
)
 
—

 
1,881

Short-term borrowings and current maturities of long-term debt
 
25,678

 
—

 
34,716

 
—

 
60,394

Contingent consideration
 
—

 
—

 
29,522

 
—

 
29,522

Total current liabilities
 
260,882

 
508,403

 
762,008

 
(1,140,925
)
 
390,368

Long-term debt, less current maturities
 
1,047,150

 
—

 
24,428

 
—

 
1,071,578

Intercompany notes payable
 
—

 
108,952

 
81,422

 
(190,374
)
 
—

Accrued pension liabilities
 
—

 
—

 
70,107

 
—

 
70,107

Other liabilities and deferred credits
 
12,278

 
6,935

 
14,060

 
—

 
33,273

Deferred taxes
 
147,631

 
3,670

 
20,953

 
—

 
172,254

Redeemable noncontrolling interests
 
—

 
—

 
15,473

 
—

 
15,473

Stockholders’ investment:
 
 
 
 
 
 
 
 
 
 
Common stock
 
377

 
4,996

 
130,348

 
(135,344
)
 
377

Additional paid-in-capital
 
801,173

 
9,291

 
284,048

 
(293,339
)
 
801,173

Retained earnings
 
1,172,273

 
876,114

 
807,131

 
(1,683,245
)
 
1,172,273

Accumulated other comprehensive loss
 
78,306

 
—

 
63,248

 
(431,373
)
 
(289,819
)
Treasury shares
 
(184,796
)
 
—

 
—

 
—

 
(184,796
)
Total Bristow Group stockholders’ investment
 
1,867,333

 
890,401

 
1,284,775

 
(2,543,301
)
 
1,499,208

Noncontrolling interests
 
1,411

 
—

 
9,273

 
—

 
10,684

Total stockholders’ investment
 
1,868,744

 
890,401

 
1,294,048

 
(2,543,301
)
 
1,509,892

Total liabilities, redeemable noncontrolling interests and stockholders’ investment
 
$
3,336,685

 
$
1,518,361

 
$
2,282,499

 
$
(3,874,600
)
 
$
3,262,945
Condensed Cash Flow Statement [Table Text Block]
The following supplemental financial information sets forth, on a consolidating basis, the balance sheet, statement of operations, comprehensive income and cash flow information for Bristow Group Inc. (“Parent Company Only”), for the Guarantor Subsidiaries and for our other subsidiaries (the “Non-Guarantor Subsidiaries”). We have not presented separate financial statements and other disclosures concerning the Guarantor Subsidiaries because management has determined that such information is not material to investors.
The supplemental condensed consolidating financial information has been prepared pursuant to the rules and regulations for condensed financial information and does not include all disclosures included in annual financial statements, although we believe that the disclosures made are adequate to make the information presented not misleading. The principal eliminating entries eliminate investments in subsidiaries, intercompany balances and intercompany revenue and expense.
The allocation of the consolidated income tax provision was made using the with and without allocation method.

Supplemental Condensed Consolidating Statement of Cash Flows
Six Months Ended September 30, 2016
 
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Net cash provided by (used in) operating activities
 
$
(36,618
)
 
$
56,788

 
$
8,499

 
$
(631
)
 
$
28,038

Cash flows from investing activities:
 
 
 
 
 
 
 
 
 
 
Capital expenditures
 
(11,958
)
 
(20,411
)
 
(69,497
)
 
—

 
(101,866
)
Proceeds from asset dispositions
 
—

 
10,374

 
1,445

 
—

 
11,819

Net cash used in investing activities
 
(11,958
)
 
(10,037
)
 
(68,052
)
 
—

 
(90,047
)
Cash flows from financing activities:
 
 
 
 
 
 
 
 
 
 
Proceeds from borrowings
 
191,501

 
—

 
4,453

 
—

 
195,954

Debt issuance costs
 
(2,925
)
 
—

 
—

 
—

 
(2,925
)
Repayment of debt
 
(116,051
)
 
—

 
(4,915
)
 
—

 
(120,966
)
Dividends paid
 
(4,554
)
 
4

 
(360
)
 
—

 
(4,910
)
Increases (decreases) in cash related to intercompany advances and debt
 
(54,611
)
 
(49,136
)
 
103,747

 
—

 
—

Partial prepayment of put/call obligation
 
(25
)
 
—

 
—

 
—

 
(25
)
Payment of contingent consideration
 
—

 
—

 
(10,000
)
 
—

 
(10,000
)
Net cash provided by (used in) financing activities
 
13,335

 
(49,132
)
 
92,925

 
—

 
57,128

Effect of exchange rate changes on cash and cash equivalents
 
—

 
—

 
1,239

 
—

 
1,239

Net increase (decrease) in cash and cash equivalents
 
(35,241
)
 
(2,381
)
 
34,611

 
(631
)
 
(3,642
)
Cash and cash equivalents at beginning of period
 
35,241

 
3,393

 
65,676

 
—

 
104,310

Cash and cash equivalents at end of period
 
$
—

 
$
1,012

 
$
100,287

 
$
(631
)
 
$
100,668


Supplemental Condensed Consolidating Statement of Cash Flows
Six Months Ended September 30, 2015
 
 
 
Parent
Company
Only
 
Guarantor
Subsidiaries
 
Non-
Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
 
 
 
 
 
 
 
 
 
 
 
 
(In thousands)
Net cash provided by (used in) operating activities
 
$
(80,805
)
 
$
96,181

 
$
42,884

 
$
—

 
$
58,260

Cash flows from investing activities:
 
 
 
 
 
 
 
 
 
 
Capital expenditures
 
(18,679
)
 
(88,872
)
 
(39,438
)
 
—

 
(146,989
)
Proceeds from asset dispositions
 
—

 
13,937

 
2,170

 
—

 
16,107

Net cash used in investing activities
 
(18,679
)
 
(74,935
)
 
(37,268
)
 
—

 
(130,882
)
Cash flows from financing activities:
 
 
 
 
 
 
 
 
 
 
Proceeds from borrowings
 
461,575

 
—

 
6

 
—

 
461,581

Repayment of debt
 
(316,200
)
 
—

 
(7,369
)
 
—

 
(323,569
)
Dividends paid
 
(23,746
)
 
—

 
—

 
—

 
(23,746
)
Increases (decreases) in cash related to intercompany advances and debt
 
(2,366
)
 
(20,977
)
 
23,343

 
—

 
—

Partial prepayment of put/call obligation
 
(28
)
 
—

 
—

 
—

 
(28
)
Acquisition of noncontrolling interest
 
—

 
—

 
(2,000
)
 
—

 
(2,000
)
Payment of contingent consideration
 
—

 
—

 
(8,000
)
 
—

 
(8,000
)
Tax benefit related to stock-based compensation
 
203

 
—

 
—

 
—

 
203

Net cash provided by (used in) financing activities
 
119,438

 
(20,977
)
 
5,980

 
—

 
104,441

Effect of exchange rate changes on cash and cash equivalents
 
—

 
—

 
3,376

 
—

 
3,376

Net increase in cash and cash equivalents
 
19,954

 
269

 
14,972

 
—

 
35,195

Cash and cash equivalents at beginning of period
 
126

 
884

 
103,136

 
—

 
104,146

Cash and cash equivalents at end of period
 
$
20,080

 
$
1,153

 
$
118,108

 
$
—

 
$
139,341