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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Revenue $ 92,401 $ 86,467 $ 265,858 $ 305,179
Costs and expenses:        
Vessel operating costs 65,344 61,784 190,627 205,383
Costs of other operating revenues 355 219 2,003 3,063
General and administrative 18,045 17,438 50,875 56,455
Depreciation and amortization 27,980 30,777 86,256 86,028
Long-lived asset impairments 2,167 1,945 2,167 67,634
Affiliate credit loss impairment expense (credit) 0 0 (1,000) 53,581
Affiliate guarantee obligation 0 0 0 2,000
(Gain) loss on asset dispositions, net 74 (520) 2,954 (7,511)
Costs and Expenses, Total 113,965 111,643 333,882 466,633
Operating loss (21,564) (25,176) (68,024) (161,454)
Other income (expense):        
Foreign exchange loss (523) (1,153) (951) (2,365)
Equity in net earnings (losses) of unconsolidated companies 100 0 (1,697) 0
Dividend income from unconsolidated company 0 0 0 17,150
Interest income and other, net 148 272 179 1,084
Interest and other debt costs, net (3,681) (6,071) (12,166) (18,172)
Nonoperating Income (Expense), Total (3,956) (6,952) (14,635) (2,303)
Loss before income taxes (25,520) (32,128) (82,659) (163,757)
Income tax expense 887 5,953 8,922 3,512
Net loss (26,407) (38,081) (91,581) (167,269)
Net loss attributable to noncontrolling interests (149) (154) (546) (274)
Net loss attributable to Tidewater Inc. $ (26,258) $ (37,927) $ (91,035) $ (166,995)
Basic loss per common share (in dollars per share) $ (0.64) $ (0.94) $ (2.22) $ (4.15)
Diluted loss per common share (in dollars per share) $ (0.64) $ (0.94) $ (2.22) $ (4.15)
Weighted average common shares outstanding (in shares) 41,132 40,405 40,918 40,271
Adjusted weighted average common shares (in shares) 41,132 40,405 40,918 40,271
Vessel [Member]        
Revenues:        
Revenue $ 91,634 $ 85,395 $ 261,141 $ 298,344
Product and Service, Other [Member]        
Revenues:        
Revenue $ 767 $ 1,072 $ 4,717 $ 6,835