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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Revenue $ 163,447 $ 89,953 $ 269,176 $ 173,457
Costs and expenses:        
Vessel operating costs 100,257 64,263 168,768 125,283
Costs of other operating revenues 483 581 844 1,648
General and administrative 27,804 16,787 46,021 32,830
Depreciation and amortization 31,766 28,549 58,423 58,276
Long-lived asset impairment credit 0 0 500 0
Affiliate credit loss impairment credit 0 (1,000) 0 (1,000)
Loss on asset dispositions, net 1,297 932 1,090 2,880
Total costs and expenses 161,607 110,112 274,646 219,917
Operating income (loss) 1,840 (20,159) (5,470) (46,460)
Other income (expense):        
Foreign exchange gain (loss) (1,881) 422 (935) (428)
Equity in net earnings (losses) of unconsolidated companies (244) 52 (244) (1,797)
Interest income and other, net 349 8 3,835 31
Loss on warrants (14,175) 0 (14,175) 0
Interest and other debt costs, net (4,284) (3,944) (8,459) (8,485)
Total other expense (20,235) (3,462) (19,978) (10,679)
Loss before income taxes (18,395) (23,621) (25,448) (57,139)
Income tax expense 6,619 6,026 11,837 8,035
Net loss (25,014) (29,647) (37,285) (65,174)
Net income (loss) attributable to noncontrolling interests 567 (185) 464 (397)
Net loss attributable to Tidewater Inc. $ (25,581) $ (29,462) $ (37,749) $ (64,777)
Basic loss per common share (in dollars per share) $ (0.61) $ (0.72) $ (0.91) $ (1.59)
Diluted loss per common share (in dollars per share) $ (0.61) $ (0.72) $ (0.91) $ (1.59)
Weighted average common shares outstanding (in shares) 41,814 40,899 41,614 40,808
Adjusted weighted average common shares (in shares) 41,814 40,899 41,614 40,808
Vessel [Member]        
Revenues:        
Revenue $ 162,175 $ 88,514 $ 266,051 $ 169,507
Product and Service, Other [Member]        
Revenues:        
Revenue $ 1,272 $ 1,439 $ 3,125 $ 3,950