Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 920

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7A
Chunk 920
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  1,312   (3,164)
 Net cash provided by operating activities   273,849   104,705   40,226 
 Cash flows from investing activities:             
 Proceeds from asset dispositions   19,338   15,506   13,568 
 Proceeds from sale of notes   8,054   —   — 
 Acquisitions, net of cash acquired   —   (594,191)  (20,740)
 Additions to properties and equipment   (27,580)  (31,588)  (16,637)
 Net cash used in investing activities   (188)  (610,273)  (23,809)
 Cash flows from financing activities:             
 Exercise of warrants   4   111,483   — 
 Proceeds from issuance of shares   —   —   187,832 
 Repurchase of SPO acquisition warrants   —   —   (187,832)
 Issuance of long-term debt   —   575,000   — 
 Principal payments on long-term debt   (103,030)  (13,677)  — 
 Purchase of common stock   (90,742)  (35,025)  — 
 Acquisition of non-controlling interest in a majority owned subsidiary   —   (1,427)  — 
 Debt issuance costs   (213)  (14,758)  (393)
 Tax on share-based award   (28,614)  (6,040)  (2,323)
 Net cash provided by (used in) financing activities   (222,595)  615,556   (2,716)
 Net change in cash, cash equivalents and restricted cash   51,066   109,988   13,701 
 Cash, cash equivalents and restricted cash at beginning of period   277,965   167,977   154,276 
 Cash, cash equivalents and restricted cash at end of period  $329,031  $277,965  $167,977 

      74

TIDEWATER INC. 

CONSOLIDATED STATEMENTS OF CASH FLOWS 

       (In Thousands) 
       
      Year Ended December 31,