Company: TDDWW
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024640
Chunk: 48

Company: TIDEWATER INC
Filing Date: 2025-08-04
Form: 10-Q
Item: Part I, Item 1
Chunk 48
---
 expense   2,888   2,376   5,434   4,431 
 Depreciation and amortization   15,480   12,505   31,378   24,343 
 Vessel operating profit   26,017   37,739   77,630   78,749 
                 
 Additions to properties and equipment  $3,502  $1,370  $16,334  $1,581 
                 
 Total assets  $499,787  $442,207  $499,787  $442,207 

       22

     (In Thousands)   Three Months Ended    Six Months Ended  
   June 30, 2025    June 30, 2024    June 30, 2025    June 30, 2024  
 World Wide:                 
 Revenues:                 
 Vessel revenues  $336,858  $337,003  $667,557  $655,689 
 Other operating revenues   4,573   2,227   7,318   4,705 
 Total revenue   341,431   339,230   674,875   660,394 
                 
 Vessel operating costs:                 
 Crew costs   99,476   106,231   196,589   208,583 
 Repair and maintenance   23,937   24,743   45,891   46,091 
 Insurance   1,640   2,625   4,674   5,205 
 Fuel, lube and supplies   15,107   15,562   29,485   32,880 
 Other   27,194   27,352   55,694   51,310 
 Total vessel operating costs   167,354   176,513   332,333   344,069 
 Costs of other operating revenues   3,108   816   4,538   1,966 
 General and administrative expense   14,955   13,703   30,063   27,040 
 Depreciation and amortization   63,391   58,682   127,874