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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Mar. 31, 2018
Current assets:    
Cash and cash equivalents $ 231,326 $ 380,223
Accounts receivable from non-affiliates 204,641 233,386
Accounts receivable from affiliates 13,186 13,594
Inventories 115,254 129,614
Assets held for sale 22,485 30,348
Prepaid expenses and other current assets 48,646 47,234
Total current assets 635,538 834,399
Investment in unconsolidated affiliates 113,974 126,170
Property and equipment – at cost:    
Land and buildings 240,201 250,040
Aircraft and equipment 2,479,543 2,511,131
Total property and equipment, at cost 2,719,744 2,761,171
Less – Accumulated depreciation and amortization (872,201) (693,151)
Total property and equipment, net 1,847,543 2,068,020
Goodwill 18,271 19,907
Other assets 116,418 116,506
Total assets 2,731,744 3,165,002
Current liabilities:    
Accounts payable 91,916 101,270
Accrued wages, benefits and related taxes 52,073 67,334
Income taxes payable 5,169 8,453
Other accrued taxes 5,628 7,378
Deferred revenue 9,966 15,833
Accrued maintenance and repairs 26,620 28,555
Accrued interest 18,317 16,345
Other accrued liabilities 38,692 65,978
Short-term borrowings and current maturities of long-term debt 1,421,050 1,475,438
Total current liabilities 1,669,431 1,786,584
Long-term debt, less current maturities 9,174 11,096
Accrued pension liabilities 28,036 37,034
Other liabilities and deferred credits 28,573 36,952
Deferred taxes 119,057 115,192
Commitments and contingencies (Note 8)
Stockholders’ investment:    
Common stock, $.01 par value, authorized 90,000,000; outstanding: 35,798,185 as of December 31, 2018 and 35,526,625 as of March 31, 2018 (exclusive of 1,291,441 treasury shares) 385 382
Additional paid-in capital 860,745 852,565
Retained earnings 524,846 788,834
Accumulated other comprehensive loss (330,944) (286,094)
Treasury shares, at cost (2,756,419 shares) (184,796) (184,796)
Total Bristow Group stockholders’ investment 870,236 1,170,891
Noncontrolling interests 7,237 7,253
Total stockholders’ investment 877,473 1,178,144
Total liabilities and stockholders’ investment $ 2,731,744 $ 3,165,002