Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 627

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 3
Chunk 627
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 10,755   7,372 
 Changes in operating assets and liabilities, net:             
 Trade and other receivables   (55,453)  (109,756)  (4,129)
 Due to/from affiliate, net   —   —   (20)
 Marine operating supplies   (2,906)  1,984   (14,611)
 Prepaid expenses and other current assets   1,584   5,813   (4,899)
 Accounts payable   26,454   5,985   16,481 
 Accrued expenses   7,393   20,072   (1,340)
 Other current liabilities   13,908   809   (555)
 Other liabilities   (2,415)  (740)  (10,930)
 Deferred drydocking and survey costs   (133,258)  (97,378)  (56,000)
 Other, net   (353)  1,312   (3,164)
 Net cash provided by operating activities   273,849   104,705   40,226 
 Cash flows from investing activities:             
 Proceeds from asset dispositions   19,338   15,506   13,568 
 Proceeds from sale of notes   8,054   —   — 
 Acquisitions, net of cash acquired   —   (594,191)  (20,740)
 Additions 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)  —