Company: TDDWW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001437749-25-005487
Chunk: 1021

Company: TIDEWATER INC
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 1021
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122 
 Deferred drydocking and survey costs   152,550   106,698 
 Indemnification assets   11,946   17,370 
 Other assets   27,464   32,449 
 Total assets  $2,074,904  $2,062,774 
         
 LIABILITIES AND STOCKHOLDERS' EQUITY         
 Current liabilities:         
 Accounts payable  $71,385  $44,931 
 Accrued expenses   129,894   125,590 
 Current portion of long-term debt   65,386   103,077 
 Other current liabilities   64,948   55,133 
 Total current liabilities   331,613   328,731 
 Long-term debt   571,710   631,361 
 Other liabilities   60,396   64,985 
         
 Commitments and contingencies           
         
 Equity:         
 Common stock of $0.001 par value, 125,000,000 shares authorized. 51,461,472 and 52,259,303 shares issued and outstanding at December 31, 2024 and 2023, respectively   52   52 
 Additional paid-in capital   1,656,830   1,671,759 
 Accumulated deficit   (548,831)  (637,838)
 Accumulated other comprehensive income   6,060   5,266 
 Total stockholders’ equity   1,114,111   1,039,239 
 Noncontrolling interests   (2,926)  (1,542)
 Total equity   1,111,185   1,037,697 
 Total liabilities and equity  $2,074,904  $2,062,774 

See accompanying Notes to Consolidated Financial Statements.

      70

TIDEWATER INC. 

CONSOLIDATED STATEMENTS OF OPERATIONS

(In Thousands, except per share data)

      Year Ended December 31,  
   2024    2023    2022  
 Revenues:             
 Vessel revenues  $1,337,637  $998,993  $641,404 
 Other operating revenues   8,198   10,992   6,280 
 Total revenue