SEGMENT INFORMATION (Tables)

12 Months Ended

Mar. 31, 2019

The following tables show region information for fiscal years 2019, 2018 and 2017, and as of March 31, 2019 and 2018, where applicable, reconciled to consolidated totals, and prepared on the same basis as our consolidated financial statements (in thousands):



	Fiscal Year Ended March 31,
	2019			2018			2017
Region gross revenue from external customers:
Europe Caspian	$	791,204		$	793,630		$	734,344
Africa	164,835			195,681			204,522
Americas	218,278			217,671			205,080
Asia Pacific	193,510			222,500			233,902
Corporate and other	1,835			4,493			10,234
Total region gross revenue	$	1,369,662		$	1,433,975		$	1,388,082
Intra-region gross revenue:
Europe Caspian	$	7,577		$	5,655		$	6,722
Africa	—			—			—
Americas	5,100			8,995			4,465
Asia Pacific	58			—			1
Corporate and other	2			27			332
Total intra-region gross revenue	$	12,737		$	14,677		$	11,520
Consolidated gross revenue reconciliation:
Europe Caspian	$	798,781		$	799,285		$	741,066
Africa	164,835			195,681			204,522
Americas	223,378			226,666			209,545
Asia Pacific	193,568			222,500			233,903
Corporate and other	1,837			4,520			10,566
Intra-region eliminations	(12,737		)	(14,677		)	(11,520		)
Total consolidated gross revenue	$	1,369,662		$	1,433,975		$	1,388,082

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⁽¹⁾	The above table represents disaggregated revenue from contracts with customers except for $51.1 million of revenue included in totals ($20.0 million from Europe Caspian, $30.8 million from Americas and $0.3 million from Asia Pacific) for fiscal year 2019.

Schedule of Segment Reporting Information, by Segment



	Fiscal Year Ended March 31,
	2019			2018			2017
Earnings from unconsolidated affiliates, net of losses – equity method investments:
Europe Caspian	$	161		$	191		$	273
Americas	2,041			16,263			18,601
Corporate and other	(403		)	(273		)	(603		)
Total earnings from unconsolidated affiliates, net of losses – equity method investments	$	1,799		$	16,181		$	18,271
Consolidated operating loss reconciliation:
Europe Caspian	$	12,874		$	22,624		$	14,665
Africa	13,499			32,326			30,179
Americas ⁽¹⁾	3,530			(72,083		)	5,198
Asia Pacific	(23,645		)	(24,290		)	(20,870		)
Corporate and other	(195,740		)	(88,965		)	(104,544		)
Loss on disposal of assets	(27,843		)	(17,595		)	(14,499		)
Total consolidated operating loss ⁽²⁾	$	(217,325	)	$	(147,983	)	$	(89,871	)
Capital expenditures:
Europe Caspian	$	11,957		$	24,797		$	44,024
Africa	777			3,769			4,575
Americas	13,777			2,523			8,275
Asia Pacific	7,957			6,795			15,086
Corporate and other ⁽³⁾	6,434			8,403			63,150
Total capital expenditures	$	40,902		$	46,287		$	135,110
Depreciation and amortization:
Europe Caspian	$	50,737		$	48,854		$	39,511
Africa	16,113			13,705			16,664
Americas	28,300			27,468			32,727
Asia Pacific	16,735			19,695			19,091
Corporate and other	13,014			14,320			10,755
Total depreciation and amortization ⁽⁴⁾	$	124,899		$	124,042		$	118,748



	March 31,
	2019		2018
Identifiable assets:
Europe Caspian	$	1,070,863	$	1,087,437
Africa	325,502		374,121
Americas	661,266		794,236
Asia Pacific	255,136		342,166
Corporate and other ⁽⁵⁾	339,832		572,399
Total identifiable assets	$	2,652,599	$	3,170,359



	March 31,
	2019		2018
Investments in unconsolidated affiliates – equity method investments:
Europe Caspian	$	375	$	270
Americas	108,831		121,633
Corporate and other	2,711		3,338
Total investments in unconsolidated affiliates – equity method investments	$	111,917	$	125,241

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⁽¹⁾	Includes an impairment of our investment in Líder of $85.7 million for fiscal year 2018. For further details, see Note 1.


⁽²⁾	Results for fiscal year 2019 were positively impacted by a reduction to rent expense of $7.9 million (included in direct costs) impacting our Europe Caspian and Asia Pacific regions by $4.9 million and $3.0 million, respectively, related to OEM cost recoveries for ongoing aircraft issues. For further details, see Note 4.


⁽³⁾	Includes $2.3 million and $39.5 million of construction in progress payments that were not allocated to business units in fiscal years 2018 and 2017, respectively. There were no construction in progress payments made in fiscal year 2019.


⁽⁴⁾	Includes accelerated depreciation expense of $10.4 million during fiscal year 2017 related to aircraft where management made the decision to exit certain model types earlier than originally anticipated in our Europe Caspian, Americas and Africa regions of $0.5 million, $3.9 million and $6.0 million, respectively. For further details, see Note 4.


⁽⁵⁾	Includes $51.7 million and $67.7 million of construction in progress within property and equipment on our consolidated balance sheets as of March 31, 2019 and 2018, respectively, which primarily represents progress payments on aircraft and facilities under construction to be delivered in future periods.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

We attribute revenue to various countries based on the location where services are actually performed. Long-lived assets consist primarily of helicopters and fixed wing aircraft and are attributed to various countries based on the physical location of the asset at a given fiscal year-end. Information by geographic area is as follows (in thousands):



	Fiscal Year Ended March 31,
	2019		2018		2017
Gross revenue:
United Kingdom	$	515,854	$	530,948	$	510,796
Norway	272,547		258,878		218,848
Australia	170,461		199,264		216,562
Nigeria	164,835		195,681		204,521
United States	105,243		103,047		87,234
Trinidad	52,463		53,144		57,531
Canada	43,970		50,714		49,457
Other countries	44,289		42,299		43,133
	$	1,369,662	$	1,433,975	$	1,388,082



	March 31,
	2019		2018
Long-lived assets:
United Kingdom	$	600,714	$	630,555
Nigeria	255,989		293,781
United States	255,439		410,651
Norway	206,597		156,593
Australia	162,681		226,085
Canada	155,594		193,092
Trinidad	126,892		80,497
Other countries	18,560		9,056
Construction in progress primarily attributable to aircraft ⁽¹⁾	51,714		67,710
	$	1,834,180	$	2,068,020

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⁽¹⁾	These costs have been disclosed separately as the physical location where the aircraft will ultimately be operated is subject to change.