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TRANSITION PERIOD COMPARATIVE DATA
12 Months Ended
Dec. 31, 2019
Income Statement [Abstract]  
TRANSITION PERIOD COMPARATIVE DATA

(19)

TRANSITION PERIOD DATA

 

The following table presents certain financial information for the nine-month periods ended December 31, 2017:

 

 

 

Successor

 

 

 

Predecessor

 

 

 

 

 

 

 

 

 

 

 

 

 

Period from

 

 

 

Period from

 

 

 

 

August 1, 2017

 

 

 

April 1, 2017

 

 

 

 

through

 

 

 

through

 

 

(In thousands, except share and per share data)

 

December 31, 2017

 

 

 

July 31, 2017

 

 

Revenues

 

$

178,753

 

 

 

 

151,369

 

 

Operating loss

 

 

(23,873

)

 

 

 

(244,048

)

 

Loss before income taxes

 

 

(36,687

)

 

 

 

(1,648,143

)

 

Income tax (benefit) expense

 

 

2,039

 

 

 

 

(1,234

)

 

Net loss attributable to Tidewater Inc.

 

 

(39,266

)

 

 

 

(1,646,909

)

 

Basic loss per common share

 

 

(1.82

)

 

 

 

(34.95

)

 

Diluted loss per common share

 

 

(1.82

)

 

 

 

(34.95

)

 

Weighted average common shares outstanding

 

 

21,539,143

 

 

 

 

47,121,330

 

 

Dilutive effect of stock options and restricted stock

 

 

 

 

 

 

 

 

Adjusted average common shares outstanding

 

 

21,539,143

 

 

 

 

47,121,330