SEGMENT INFORMATION

12 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

We conduct our business in one segment: Industrial Aviation Services. Effective April 1, 2015, we reorganized our Industrial Aviation Services global operations from five business units to four regions as follows: Europe Caspian, Africa, Americas and Asia Pacific. The Europe Caspian region comprises all our operations and affiliates in Europe and Central Asia, including Norway, the U.K. and Turkmenistan. The Africa region comprises all our operations and affiliates on the African continent, including Nigeria, Tanzania and Egypt. The Americas region comprises all our operations and affiliates in North America and South America, including Brazil, Canada, Trinidad and the U.S. Gulf of Mexico. The Asia Pacific region comprises all our operations and affiliates in Australia and Southeast Asia, including Malaysia and Sakhalin. Amounts presented below for fiscal years 2015 and 2014 have been restated to conform to current period presentation. Additionally, we operate a training unit, Bristow Academy, which is included in Corporate and other.

The following tables show region information for fiscal years 2016, 2015 and 2014, and as of March 31, 2016 and 2015, where applicable, reconciled to consolidated totals, and prepared on the same basis as our consolidated financial statements (in thousands):

	Fiscal Year Ended March 31,
	2016			2015			2014
Region gross revenue from external clients:
Europe Caspian	$	858,144		$	883,992		$	750,065
Africa	255,254			347,272			334,230
Americas	283,565			346,085			342,628
Asia Pacific	296,840			257,351			212,190
Corporate and other	21,710			23,969			30,469
Total region gross revenue	$	1,715,513		$	1,858,669		$	1,669,582
Intra-region gross revenue:
Europe Caspian	$	5,708		$	7,444		$	12,652
Africa	2			—			—
Americas	7,834			6,003			17,555
Asia Pacific	2			254			—
Corporate and other	2,209			3,048			1,699
Total intra-region gross revenue	$	15,755		$	16,749		$	31,906
Consolidated gross revenue reconciliation:
Europe Caspian	$	863,852		$	891,436		$	762,717
Africa	255,256			347,272			334,230
Americas	291,399			352,088			360,183
Asia Pacific	296,842			257,605			212,190
Corporate and other	23,919			27,017			32,168
Intra-region eliminations	(15,755		)	(16,749		)	(31,906		)
Total consolidated gross revenue	$	1,715,513		$	1,858,669		$	1,669,582

	Fiscal Year Ended March 31,
	2016			2015			2014
Earnings from unconsolidated affiliates, net of losses – equity method investments:
Europe Caspian (1)	$	310		$	1,107		$	4,715
Americas	(2,117		)	(4,946		)	3,951
Total earnings from unconsolidated affiliates, net of losses – equity method investments	$	(1,807	)	$	(3,839	)	$	8,666
Consolidated operating income (loss) reconciliation:
Europe Caspian	$	50,406		$	128,543		$	122,647
Africa	19,702			91,758			84,999
Americas	34,463			79,176			69,480
Asia Pacific	4,073			12,455			18,227
Corporate and other	(118,796		)	(130,209		)	(107,654		)
Gain (loss) on disposal of assets	(30,693		)	(35,849		)	(722		)
Total consolidated operating income (loss)	$	(40,845	)	$	145,874		$	186,977
Capital expenditures:
Europe Caspian	$	127,072		$	192,689		$	38,294
Africa	1,386			1,330			24,324
Americas	92,418			124,854			52,563
Asia Pacific	23,745			23,077			7,058
Corporate and other (2)	127,754			259,884			506,374
Total capital expenditures	$	372,375		$	601,834		$	628,613
Depreciation and amortization:
Europe Caspian	$	41,509		$	37,830		$	32,918
Africa	29,337			17,333			14,173
Americas	36,371			34,617			33,848
Asia Pacific	20,526			23,450			12,351
Corporate and other	9,069			1,063			2,687
Total depreciation and amortization (3)	$	136,812		$	114,293		$	95,977

	March 31,
	2016		2015
Identifiable assets:
Europe Caspian	$	1,068,192	$	972,163
Africa	304,081		484,514
Americas	884,455		966,538
Asia Pacific	426,677		401,973
Corporate and other (4)	588,457		405,532
Total identifiable assets	$	3,271,862	$	3,230,720

	March 31,
	2016		2015
Investments in unconsolidated affiliates – equity method investments:
Europe Caspian	$	298	$	65
Americas	183,990		210,025
Corporate and other	4,378		—
Total investments in unconsolidated affiliates – equity method investments	$	188,666	$	210,090

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⁽¹⁾  On November 21, 2014, we sold our 50% interest in HCA. Additionally on July 14, 2013, we sold our 50% interest in the FB Entities. See Note 3 for details on the sale of HCA and the FB Entities.

⁽²⁾  Includes $84.8 million, $232.3 million and $494.5 million of construction in progress payments that were not allocated to business units in fiscal years 2016, 2015 and 2014, respectively.

⁽³⁾  Includes accelerated depreciation expense of $28.7 million during fiscal year 2016 related to aircraft where our management decided to exit certain model types earlier than originally anticipated in our Europe Caspian, Americas, Africa and Asia Pacific regions of $0.6 million, $6.0 million, $16.8 million and $5.3 million, respectively. We recorded accelerated depreciation expense of $10.4 million during fiscal year 2015 related to aircraft where management decided to exit certain model types earlier than originally anticipated in our Americas, Africa and Asia Pacific regions of $2.5 million, $1.9 million and $6.0 million, respectively. For further details, see Note 4.

⁽⁴⁾  Includes $307.4 million and $306.0 million of construction in progress within property and equipment on our consolidated balance sheets as of March 31, 2016 and 2015, respectively, which primarily represents progress payments on aircraft and facilities under construction to be delivered in future periods.

We attribute revenue to various countries based on the location where services are actually performed. Long-lived assets consist primarily of helicopters and fixed wing aircraft and are attributed to various countries based on the physical location of the asset at a given fiscal year-end. Information by geographic area is as follows (in thousands):    

	Fiscal Year Ended March 31,
	2016		2015		2014
Gross revenue:
United Kingdom	$	587,493	$	616,191	$	526,149
Australia	272,407		228,774		168,424
Nigeria	246,449		327,164		328,793
Norway	225,807		266,186		253,651
United States	158,901		222,661		225,650
Canada	61,257		61,713		32,895
Falkland Islands	44,724		9,172		—
Trinidad	55,423		59,073		51,770
Other countries	63,052		67,735		82,250
	$	1,715,513	$	1,858,669	$	1,669,582

	March 31,
	2016		2015
Long-lived assets:
United Kingdom	$	577,810	$	462,667
Australia	305,933		241,149
Nigeria	184,440		235,914
United States	292,324		235,434
Canada	180,665		215,245
Norway	171,948		197,165
Trinidad	113,768		109,248
Brazil	56,453		80,540
Tanzania	15,670		54,845
Other countries	76,881		18,882
Construction in progress primarily attributable to aircraft (1)	307,360		306,012
	$	2,283,252	$	2,157,101

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⁽¹⁾  These costs have been disclosed separately as the physical location where the aircraft will ultimately be operated is subject to change.

During fiscal year 2016, we conducted operations in over 20 countries. Due to the nature of our principal assets, aircraft are regularly and routinely moved between operating areas (both domestic and foreign) to meet changes in market and operating conditions. During fiscal years 2016, 2015 and 2014, the aggregate activities of one major integrated oil and gas company accounted for 11%, 12% and 13%, respectively, of our consolidated gross revenue. One other client accounted for 10% or more of our consolidated gross revenue during fiscal year 2016. During fiscal year 2016, our top ten clients accounted for 60% of consolidated gross revenue.