Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 917

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7A
Chunk 917
---
, restricted stock units and stock options   619   1,346   — 
 Adjusted weighted average common shares   53,071   52,937   44,132 

See accompanying Notes to Consolidated Financial Statements.

      71

TIDEWATER INC. 

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

    (In Thousands)   Year Ended December 31,  
  2024  2023  2022 
 Net income (loss)  $179,272  $95,621  $(22,193)
 Other comprehensive income (loss):             
 Unrealized gain (loss) on note receivable   283   213   (496)
 Change in supplemental executive retirement plan pension liability   318   (525)  4,561 
 Change in pension plan minimum liability   193   (2,998)  1,843 
 Total comprehensive income (loss)  $180,066  $92,311  $(16,285)

See accompanying Notes to Consolidated Financial Statements.

      72

TIDEWATER INC. 

CONSOLIDATED STATEMENTS OF EQUITY 

                  Accumulated          
       Additional        other          
 (In Thousands)   Common    paid-in    Accumulated    comprehensive    Noncontrolling     
  stock  capital  deficit  income (loss)  interest  Total 
 Balance at December 31, 2021  $41   1,376,494   (677,900)  2,668   466  $701,769 
 Total comprehensive income (loss)   —   —   (21,749)  5,908   (444)  (16,285)
 Issuance of common stock   10   192,881   —   —   —   192,891 
 SPO Acquisition Warrants   —   176,823   —   —   —   176,823 
 Repurchase of SPO Acquisition Warrants   —   (194,256)  —   —   —   (194,256)
 Amortization of share-based awards   —   5,048