Company: TDDWW
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038699
Chunk: 88

Company: TIDEWATER INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 88
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 | ​ | ​ | ​                  | ​ |  96,709 | ​ | ​ | ​ | ​                 | ​ | 65,433 | ​ | ​ | ​ | ​            | ​ | 84,513 | ​ | ​ | ​ | ​             | ​ |  56,910 | ​ | ​ | ​ | ​                | ​ | 55,106 | ​ | ​ |
| ​ | Proceeds from asset sales                    | ​ | ​ | ​                  | ​ |  10,316 | ​ | ​ | ​ | ​                 | ​ |  1,557 | ​ | ​ | ​ | ​            | ​ |  3,056 | ​ | ​ | ​ | ​             | ​ |  12,463 | ​ | ​ | ​ | ​                | ​ |  5,902 | ​ | ​ |
| ​ | Free cash flow                               | ​ | ​ | ​                  | $ | 107,025 | ​ | ​ | ​ | ​                 | $ | 66,990 | ​ | ​ | ​ | ​            | $ | 87,569 | ​ | ​ | ​ | ​             | $ |  69,373 | ​ | ​ | ​ | ​                | $ | 61,008 | ​ | ​ |

Free cash flow is a non-GAAP investment performance indicator which we believe provides useful information regarding the net cash generated by the Company before any payments to capital providers. Free cash flow is determined from net cash provided by operating activities adjusted for capital expenditures, excluding expansion capital, proceeds from asset sales, cash interest expense and interest income. Free cash flow excludes indemnification assets charge included in interest income and other. Free cash flow is not defined by U.S. GAAP and is not a substitute for net cash provided by operating activities. Note (A): Net cash provided by operating activities is affected by changes in our assets and liabilities and the amounts we pay in cash for our drydocks and vessel surveys as illustrated in the following table:

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 ​ | Three Months Ended 
 December 31,2024   |   |         |   | ​ | ​ | September 30,2024 |   |         |   | ​ | ​ | June 30,2024 |   |         |   | ​ | ​ | March 31,2024 |   |         |   | ​ | ​ |