Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 246

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 1B
Chunk 246
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itions 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,

      2024

      2023

      2022

       Supplemental disclosure of cash flow information: 

       Cash paid during the year for: 

       Interest, net of amounts capitalized 
       
      $
      66,897

      $
      26,638

      $
      15,554

       Income taxes 
       
      $
      56,909

      $
      43,880

      $
      22,275

       Supplemental disclosure of noncash investing activities: 

       Acquisition