Company: TDDWW
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038699
Chunk: 87

Company: TIDEWATER INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 87
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 operating activities, investing and financing activities, or other income or cash flow statement data prepared in accordance with GAAP.

A-1

TABLE OF CONTENTS

TIDEWATER INC.
UNAUDITED OTHER FLEET AND FINANCIAL DATA
(In Thousands) EBITDA and Adjusted EBITDA are widely used by investors and other users of our financial statements as a supplemental financial measure that, when viewed with our GAAP results and the accompanying reconciliations, we believe provide additional information that is useful to gain an understanding of the factors and trends affecting our ability to service debt, pay taxes and fund drydocking and survey costs and capital expenditures. We also believe the disclosure of EBITDA and Adjusted EBITDA helps investors meaningfully evaluate and compare our cash flow generating capacity from quarter-to-quarter and year-to-year. EBITDA and Adjusted EBITDA are also financial metrics used by management (i) as a supplemental internal measure for planning and forecasting overall expectations and for evaluating actual results against such expectations; (ii) to compare to the EBITDA and Adjusted EBITDA of other companies when evaluating potential acquisitions; and (iii) to assess our ability to service existing fixed charges and incur additional indebtedness.

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 ​ | Three Months Ended 
 December 31,2024   |   |         |   | ​ | ​ | September 30,2024 |   |        |   | ​ | ​ | June 30,2024 |   |        |   | ​ | ​ | March 31,2024 |   |         |   | ​ | ​ | December 31,2023 |   |        |   | ​ 
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|:--|:---------------------------------------------|:--|:--|:-------------------|:--|--------:|:--|:--|:--|:------------------|:--|-------:|:--|:--|:--|:-------------|:--|-------:|:--|:--|:--|:--------------|:--|--------:|:--|:--|:--|:-----------------|:--|-------:|:--|:--|
| ​ | Net cash provided by operating activities(A) | ​ | ​ | ​                  | $ |  91,303 | ​ | ​ | ​ | ​                 | $ | 49,136 | ​ | ​ | ​