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VARIABLE INTEREST ENTITIES (Tables)
3 Months Ended
Jun. 30, 2017
Variable Interest Entities [Abstract]  
Primary beneficiary variable interest financial statements
Bristow Aviation and its subsidiaries are exposed to similar operational risks and are therefore monitored and evaluated on a similar basis by management. Accordingly, the financial information reflected on our condensed consolidated balance sheets and statements of operations for Bristow Aviation and subsidiaries is presented in the aggregate, including intercompany amounts with other consolidated entities, as follows (in thousands):
 
 
 
June 30, 
 2017
 
March 31,  
 2017
 
Assets
 
 
 
 
 
Cash and cash equivalents
 
$
71,364

 
$
92,409

 
Accounts receivable
 
233,627

 
222,560

 
Inventories
 
96,646

 
90,190

 
Prepaid expenses and other current assets
 
42,548

 
50,016

 
Total current assets
 
444,185

 
455,175

 
Investment in unconsolidated affiliates
 
3,531

 
3,513

 
Property and equipment, net
 
315,403

 
306,831

 
Goodwill
 
19,907

 
19,798

 
Other assets
 
207,268

 
203,228

 
Total assets
 
$
990,294

 
$
988,545

 
Liabilities
 
 
 
 
 
Accounts payable
 
$
184,308

 
$
146,841

 
Accrued liabilities
 
129,699

 
122,130

 
Accrued interest
 
1,945,668

 
1,891,305

 
Current maturities of long-term debt
 
18,821

 
18,578

 
Total current liabilities
 
2,278,496

 
2,178,854

 
Long-term debt, less current maturities
 
477,781

 
501,782

 
Accrued pension liabilities
 
60,057

 
61,647

 
Other liabilities and deferred credits
 
8,005

 
8,138

 
Deferred taxes
 
15,767

 
20,264

 
Redeemable noncontrolling interest
 
6,349

 
6,886

 
Total liabilities
 
$
2,846,455

 
$
2,777,571


 
 
 
 
Three Months Ended 
 June 30,
 
 
 
2017
 
2016
 
Revenue
 
$
301,970

 
$
318,454

 
Operating loss
 
(19,654
)
 
(19,743
)
 
Net loss
 
(79,169
)
 
(88,543
)