XML 166 R152.htm IDEA: XBRL DOCUMENT v3.4.0.3
Selected Financial Information (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Quarterly Financial Information Disclosure [Abstract]                      
Revenues $ 184,174 $ 218,191 $ 271,923 $ 304,774 $ 324,762 $ 387,554 $ 397,524 $ 385,677 $ 979,062 $ 1,495,517 $ 1,435,103
Operating income (loss) (56,569) [1] (9,400) [1] (17,644) [1] 14,089 [1] 25,672 [1] (213,580) [1] 84,723 [1] 66,004 [1] (69,524) (37,181) 201,541
Net earnings (loss) attributable to Tidewater Inc. $ (81,787) $ (19,509) $ (43,835) $ (15,052) $ (9,076) $ (160,694) $ 60,907 $ 43,673 $ (160,183) $ (65,190) $ 140,255
Earnings (loss) per share, basic $ (1.74) $ (0.42) $ (0.93) $ (0.32) $ (0.19) $ (3.31) $ 1.23 $ 0.88 $ (3.41) [2] $ (1.34) [2] $ 2.84 [2]
Earnings (loss) per share, diluted $ (1.74) $ (0.42) $ (0.93) $ (0.32) $ (0.19) $ (3.31) $ 1.22 $ 0.88 $ (3.41) [3] $ (1.34) [3] $ 2.82 [3]
[1] Operating income consists of revenues less operating costs and expenses, depreciation, vessel operating leases, goodwill impairment, general and administrative expenses and gain on asset dispositions, net, of the company’s operations. Goodwill impairment by quarter for fiscal 2016 and 2015 and gain on asset dispositions, net, by quarter for fiscal 2016 and 2015, are as follows:
[2] The company calculates “Loss per share, basic” by dividing “Net loss available to common shareholders” by “Weighted average outstanding share of common stock, basic”.
[3] The company calculates “Loss per share, diluted” by dividing “Net loss available to common shareholders” by “Weighted average common stock and equivalents”.