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ASSET IMPAIRMENTS (Tables)
 12 Months Ended
Mar. 31, 2017
Asset Impairment Charges [Abstract]  
Summary of Vessels and ROVs Impaired, Amount of Impairment Incurred and Combined Fair Value of Assets after Impairment Charges

The table below summarizes the number of vessels and ROVs impaired, the amount of impairment incurred and the combined fair value of the assets after having recorded the impairment charges during the fiscal years ended March 31, 2017, 2016 and 2015 along with the amount of impairment.

 

(In thousands)

 

2017

 

 

2016

 

 

2015

 

Number of vessels impaired during the period

 

 

132

 

 

 

58

 

 

 

12

 

Number of ROVs impaired during the period

 

 

8

 

 

 

—

 

 

 

—

 

Amount of impairment incurred

 

$

484,727

 

 

 

117,311

 

 

 

14,525

 

Combined fair value of assets incurring impairment after having recorded impairment charges

 

 

933,068

 

 

 

422,655

 

 

 

28,509