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Nature of Operations and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2016
Accounting Policies [Abstract]  
Summary of Net Properties and Equipment

The following is a summary of net properties and equipment at March 31:

 

 

 

2016

 

 

2015

 

 

 

Number

Of Vessels

 

 

Carrying

Value

 

 

Number

Of Vessels

 

 

Carrying

Value

 

 

 

 

 

 

 

(In thousands)

 

 

 

 

 

 

(In thousands)

 

Owned vessels in active service

 

 

180

 

 

$

2,510,418

 

 

 

242

 

 

$

3,310,476

 

Stacked vessels

 

 

73

 

 

 

794,126

 

 

 

21

 

 

 

38,489

 

Marine equipment and other assets under construction

 

 

 

 

 

 

185,380

 

 

 

 

 

 

 

315,552

 

Other property and equipment (A)

 

 

 

 

 

 

61,367

 

 

 

 

 

 

 

81,790

 

Totals

 

 

253

 

 

$

3,551,291

 

 

 

263

 

 

$

3,746,307

 

 

Current and Long-Term Liabilities Related to Accrued Property and Liability Losses

The following table discloses the total amount of current and long-term liabilities related to accrued property and liability losses not subject to reinsurance recoverability, but considered currently payable as of March 31:

 

(In thousands)

 

2016

 

 

2015

 

Accrued property and liability losses

 

$

12,799

 

 

 

14,203