Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 521

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 2
Chunk 521
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 Exercise of warrants into common stock   2   111,481   —   —   —   111,483 
 Repurchase and retirement of common stock   (1)  —   (35,374)  —   —   (35,375)
 Acquisition of non-controlling interest in a majority owned subsidiary   —   (1,427)  —   —   —   (1,427)
 Amortization of share-based awards   —   4,715   —   —   —   4,715 
 Balance at December 31, 2023   52   1,671,759   (637,838)  5,266   (1,542)  1,037,697 
 Total comprehensive income (loss)   —   —   180,656   794   (1,384)  180,066 
 Issuance of common stock   1   (1)  —   —   —   — 
 Exercise of warrants into common stock   —   4   —   —   —   4 
 Repurchase and retirement of common stock   (1)  —   (91,649)  —   —   (91,650)
 Amortization of share-based awards   —   (14,932)  —   —   —   (14,932)
 Balance at December 31, 2024  $52   1,656,830   (548,831)  6,060   (2,926) $1,111,185 

See accompanying Notes to Consolidated Financial Statements.

      73

TIDEWATER INC. 

CONSOLIDATED STATEMENTS OF CASH FLOWS 

    (In Thousands)   Year Ended December 31,  
  2024  2023  2022 
 Operating activities:             
 Net income (loss)  $179,272  $95,621  $(22,193)
 Adjustments to reconcile net income (loss) to net cash provided by operating activities:             
 Depreciation   156,166   128,777   83,522 
 Amortization of