XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 301,026 $ 462,188
Restricted cash 18,347 21,281
Marketable securities 32,821 66,898
Receivables:    
Trade, net of allowance for doubtful accounts of $2,805 and $3,652 in 2012 and 2011, respectively 278,917 303,843
Other 66,686 51,793
Inventories 72,929 [1] 69,109
Deferred income taxes 11,123 11,123
Prepaid expenses and other 13,968 9,323
Discontinued operations 3,551 44,989
Total current assets 799,368 1,040,547
Property and Equipment 3,304,524 3,018,145
Accumulated depreciation (934,092) (867,914)
Net property and equipment 2,370,432 2,150,231
Investments, at Equity, and Advances to 50% or Less Owned Companies 323,874 249,753
Construction Reserve Funds & Title XI Reserve Funds 192,420 259,974
Goodwill 57,054 57,054
Intangible Assets, Net 21,116 21,528
Other Assets 81,553 102,348
Discontinued Operations 0 46,699
Total assets 3,845,817 3,928,134
Current Liabilities:    
Current portion of long-term debt 24,546 41,091
Current portion of capital lease obligations 4,719 2,368
Accounts payable and accrued expenses 131,130 185,156
Other current liabilities 160,198 150,864
Discontinued operations (15) 22,047
Total current liabilities 320,578 401,526
Long-Term Debt 940,910 995,450
Capital Lease Obligations 117 3,068
Deferred Income Taxes 582,780 566,920
Deferred Gains and Other Liabilities 132,248 143,390
Discontinued Operations 0 9,717
Total liabilities 1,976,633 2,120,071
SEACOR Holdings Inc. stockholders’ equity:    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued nor outstanding 0 0
Common stock, $.01 par value, 60,000,000 shares authorized; 36,603,406 and 36,444,439 shares issued in 2012 and 2011, respectively 366 364
Additional paid-in capital 1,271,617 1,256,209
Retained earnings 1,560,416 1,512,679
Shares held in treasury of 15,489,052 and 15,511,323 in 2012 and 2011, respectively, at cost (987,485) (971,687)
Accumulated other comprehensive loss, net of tax (5,831) (7,958)
Stockholders' equity attributable to parent, total 1,839,083 1,789,607
Noncontrolling interests in subsidiaries 30,101 18,456
Total equity 1,869,184 1,808,063
Liabilities and stockholders' equity, total $ 3,845,817 $ 3,928,134
[1] Inventories for Commodity Trading and Logistics includes raw materials of $3.4 million and work in process of $2.4 million resulting from the acquisition of ICP (see Note 4).