XML 55 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Gross revenue:    
Operating revenue from non-affiliates $ 336,248 $ 314,849
Operating revenue from affiliates 23,299 5,805
Reimbursable revenue from non-affiliates 39,382 41,954
Reimbursable revenue from affiliates 65 0
Total consolidated gross revenue 398,994 362,608
Operating expense:    
Direct cost 255,256 222,768
Reimbursable expense 36,743 40,172
Depreciation and amortization 22,819 21,372
General and administrative 40,308 34,977
Operating expense 355,126 319,289
Loss on disposal of assets (1,721) (5,315)
Earnings from unconsolidated affiliates, net of losses 13,972 1,989
Operating income 56,119 39,993
Interest income 119 88
Interest expense (20,370) (8,774)
Other income (expense), net (1,366) (931)
Income before provision for income taxes 34,502 30,376
Provision for income taxes (7,590) (6,180)
Net income 26,912 24,196
Net income attributable to noncontrolling interests (26) (534)
Net income attributable to Bristow Group $ 26,886 $ 23,662
Earnings per common share:    
Basic earnings per share $ 0.74 $ 0.66
Diluted earnings per share $ 0.74 $ 0.65
Cash dividends declared per common share $ 0.25 $ 0.20