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Summary of Debt Outstanding (Detail) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Dec. 31, 2015
Mar. 31, 2015
Term Loan Facility    
Debt [Line Items]    
Term loan agreement [1] $ 300,000 $ 300,000
Revolving Credit Agreement    
Debt [Line Items]    
Revolving line of credit [1],[2]   20,000
September 2013 Senior Unsecured Notes    
Debt [Line Items]    
Aggregate debt outstanding $ 500,000 $ 500,000
Weighted average remaining life in years 7 years 7 months 6 days 8 years 4 months 24 days
Weighted average coupon rate on notes outstanding 4.86% 4.86%
Fair value of debt outstanding (Level 2) $ 425,950 $ 516,879
August 2011 Senior Unsecured Notes    
Debt [Line Items]    
Aggregate debt outstanding $ 165,000 $ 165,000
Weighted average remaining life in years 4 years 9 months 18 days 5 years 7 months 6 days
Weighted average coupon rate on notes outstanding 4.42% 4.42%
Fair value of debt outstanding (Level 2) $ 147,081 $ 167,910
September 2010 Senior Unsecured Notes    
Debt [Line Items]    
Aggregate debt outstanding [3] $ 382,500 $ 425,000
Weighted average remaining life in years [3] 4 years 3 months 18 days 4 years 7 months 6 days
Weighted average coupon rate on notes outstanding [3] 4.35% 4.25%
Fair value of debt outstanding (Level 2) [3] $ 344,634 $ 431,296
July 2003 Senior Unsecured Notes    
Debt [Line Items]    
Aggregate debt outstanding [4]   $ 35,000
Weighted average remaining life in years [4] 0 years 3 months 18 days
Weighted average coupon rate on notes outstanding [4]   4.61%
Fair value of debt outstanding (Level 2) [4]   $ 35,197
May 2015 United States Dollar Denominated Borrowing Agreement    
Debt [Line Items]    
Fair value of debt outstanding (Level 2) [5],[6] $ 30,047  
Amount outstanding [5],[6] 30,033  
March 2015 United States Dollar Denominated Borrowing Agreement    
Debt [Line Items]    
Fair value of debt outstanding (Level 2) [6] 28,265 29,501
Amount outstanding [6] $ 28,259 $ 29,488
[1] Fair values approximate carrying values because the borrowings bear interest at variable rates.
[2] $600 million and $580 million was available under the revolver at December 31, 2015 and March 31, 2015, respectively.
[3] Principal repayments of $42.5 million were paid during the quarter ended December 31, 2015.
[4] Remaining $35 million of borrowings fully paid in July 2015.
[5] In May 2015, a wholly owned subsidiary of the company entered into a $31.3 million, U.S. dollar denominated, 12 year borrowing agreement which matures in April 2027 and is secured by a guarantee by Tidewater Inc. The loan requires semi-annual principal payments of $1.3 million (plus accrued interest) and bears interest at a fixed rate of 2.92% plus a spread based on Tidewater Inc.’s consolidated funded indebtedness to total capitalization ratio (currently equal to 1.30% for a total rate of 4.22%).
[6] Notes require semi-annual principal payments.