Note 13 - Properties and Equipment, Accrued Expenses, Other Current Liabilities, and Other Liabilities

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Other Assets Accrued Expenses Other Current Liabilities And Other Liabilities And Deferred Credits [Text Block]

(13) PROPERTIES AND EQUIPMENT, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES          

As of June 30, 2022, our property and equipment consist primarily of 187 active vessels, which excludes the nine vessels we have classified as held for sale, located around the world. As of  December 31, 2021, our property and equipment consisted primarily of 135 active vessels, which excluded 18 vessels classified as held for sale.

A summary of properties and equipment is as follows:

(In Thousands)
	June 30, 2022		December 31, 2021
Properties and equipment:
Vessels and related equipment	$	1,078,120	$	898,649
Other properties and equipment		30,239		19,625
		1,108,359		918,274
Less accumulated depreciation and amortization		269,747		230,234
Properties and equipment, net	$	838,612	$	688,040

A summary of accrued expenses is as follows:

(In Thousands)
	June 30, 2022		December 31, 2021
Payroll and related payables	$	34,021	$	18,627
Accrued vessel expenses		52,455		19,662
Accrued interest expense		1,859		1,859
Other accrued expenses		20,877		11,586
	$	109,212	$	51,734

A summary of other current liabilities is as follows:

(In Thousands)
	June 30, 2022		December 31, 2021
Taxes payable	$	43,144	$	18,977
Other		4,728		4,888
	$	47,872	$	23,865

A summary of other liabilities is as follows:

(In Thousands)
	June 30, 2022		December 31, 2021
Pension liabilities	$	25,192	$	26,872
Liability for uncertain tax positions		46,092		29,283
Other		13,904		12,029
	$	85,188	$	68,184