Company: TDDWW
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001437749-25-034124
Chunk: 22

Company: TIDEWATER INC
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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30, 2024,  September 30, 2024,  March 31, 2025 and  June 30, 2025.
    
   This revision increased cash provided by operating activities with a corresponding offset amount reflected in the effects of exchange rate changes on cash, cash equivalents and restricted cash by $1.0 million for the twelve months ended  December 31, 2022, $2.3 million for the three months ended  March 31, 2024, $3.6 million for the six months ended  June 30, 2024 and $8.6 million for the twelve months ended  December 31, 2024.
    
   This revision decreased cash provided by operating activities with a corresponding offset amount reflected in the effects of exchange rate changes on cash, cash equivalents and restricted cash by $0.5 million for the twelve months ended  December 31, 2023, $0.1 million for the nine months ended  September 30, 2024, $5.6 million for the three months ended  March 31, 2025 and $17.3 million for the six months ended  June 30, 2025.
    
   The revision had no impact on our previously reported consolidated net income; comprehensive income (loss); financial position; net change in cash, cash equivalents, and restricted cash; or total cash, cash equivalents, and restricted cash as previously reported on our Consolidated Statements of Cash Flows.

       (2) 
       RECENTLY ISSUED OR ADOPTED ACCOUNTING PRONOUNCEMENTS 

   In  November 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-07, Segment Reporting, which requires disclosure of incremental segment information on an annual and interim basis including significant segment expenses that are regularly provided to the chief operating decision maker (CODM) and an explanation of how the CODM uses the reported measures of segment profit or loss in assessing segment performance and deciding how to allocate resources. This guidance is effective for annual periods beginning after  December 15, 2023 and interim periods beginning after  December 15, 2024. We adopted this standard on  December 31, 2024 and we have included the required disclosures in Note (13) - “Segment and Geographical Distribution of Operations” for the three and