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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues $ 102,344 $ 125,859 $ 218,712 $ 248,008
Costs and expenses:        
Vessel operating costs 64,774 80,439 143,599 162,642
Costs of other operating revenues 171 586 2,844 1,350
General and administrative 17,597 23,696 39,017 50,836
Depreciation and amortization 28,144 25,038 55,251 47,970
Long-lived asset impairments 55,482 494 65,689 (776)
Affiliate credit loss impairment expense 53,581   53,581  
Affiliate guarantee obligation 2,000   2,000  
(Gain) loss on asset dispositions, net (1,660) 494 (6,991) (776)
Total costs and expenses 220,089 130,253 354,990 262,022
Operating loss (117,745) (4,394) (136,278) (14,014)
Other income (expense):        
Foreign exchange gain (loss) (2,076) 11 (1,212) (497)
Equity in net earnings of unconsolidated companies   95   33
Dividend income from unconsolidated company 17,150   17,150  
Interest income and other, net 696 1,859 812 4,329
Interest and other debt costs, net (5,959) (7,582) (12,101) (15,318)
Total other income (expenses) 9,811 (5,617) 4,649 (11,453)
Loss before income taxes (107,934) (10,011) (131,629) (25,467)
Income tax (benefit) expense 2,730 5,542 (2,441) 11,372
Net loss (110,664) (15,553) (129,188) (36,839)
Net income (loss) attributable to noncontrolling interests (41) 406 (120) 851
Net loss attributable to Tidewater Inc. $ (110,623) $ (15,959) $ (129,068) $ (37,690)
Basic loss per common share $ (2.74) $ (0.42) $ (3.21) $ (1.01)
Diluted loss per common share $ (2.74) $ (0.42) $ (3.21) $ (1.01)
Weighted average common shares outstanding 40,306 37,571 40,203 37,369
Adjusted weighted average common shares 40,306 37,571 40,203 37,369
Vessel Revenues        
Revenues:        
Total revenues $ 100,975 $ 123,641 $ 212,949 $ 243,303
Other Operating Revenues        
Revenues:        
Total revenues $ 1,369 $ 2,218 $ 5,763 $ 4,705