Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 785

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 4
Chunk 785
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1,784   1,412 
 Fuel, lube and supplies   10,019   12,092   10,531 
 Other   24,076   17,127   9,015 
 Total vessel operating costs   106,962   100,606   78,112 
 General and administrative expense   11,320   9,254   9,120 
 Depreciation and amortization   30,135   26,566   24,236 
 Vessel operating profit   3,770   (1,051)  (1,093)
             
 Additions to properties and equipment  $1,260  $3,016  $3,911 
             
 Total assets  $180,286  $191,927  $197,054 

     (In Thousands)   Year Ended December 31,  
   2024    2023    2022  
 Europe/Mediterranean:             
 Vessel revenues  $333,081  $230,217  $129,578 
             
 Vessel operating costs:             
 Crew costs   109,178   78,613   49,709 
 Repair and maintenance   28,288   17,029   9,239 
 Insurance   3,171   2,218   1,442 
 Fuel, lube and supplies   14,650   11,697   6,026 
 Other   18,864   13,758   8,426 
 Total vessel operating costs   174,151   123,315   74,842 
 General and administrative expense   12,726   10,063   8,158 
 Depreciation and amortization   92,331   63,152   27,734 
 Vessel operating profit   53,873   33,687   18,844 
             
 Additions to properties and equipment  $11,069  $7,320  $1,302 
             
 Total assets  $659,158  $671,626  $282,670 

       113

     (In Thousands)   Year Ended December 31,  
   2024