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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Mar. 31, 2017
Current assets:    
Cash and cash equivalents $ 117,848 $ 96,656
Accounts receivable from non-affiliates 202,141 198,129
Accounts receivable from affiliates 12,638 8,786
Inventories 133,993 124,911
Assets held for sale 31,038 38,246
Prepaid expenses and other current assets 43,668 41,143
Total current assets 541,326 507,871
Investment in unconsolidated affiliates 211,115 210,162
Property and equipment – at cost:    
Land and buildings 241,792 231,448
Aircraft and equipment 2,511,322 2,622,701
Total property and equipment, at cost 2,753,114 2,854,149
Less – Accumulated depreciation and amortization (673,930) (599,785)
Total property and equipment, net 2,079,184 2,254,364
Goodwill 20,299 19,798
Other assets 115,233 121,652
Total assets 2,967,157 3,113,847
Current liabilities:    
Accounts payable 87,428 98,215
Accrued wages, benefits and related taxes 55,652 59,077
Income taxes payable 5,320 15,145
Other accrued taxes 6,095 9,611
Deferred revenue 17,922 19,911
Accrued maintenance and repairs 28,468 22,914
Accrued interest 6,292 12,909
Other accrued liabilities 72,292 46,679
Deferred taxes   830
Short-term borrowings and current maturities of long-term debt 93,136 131,063
Total current liabilities 372,605 416,354
Long-term debt, less current maturities 1,102,765 1,150,956
Accrued pension liabilities 54,291 61,647
Other liabilities and deferred credits 37,768 28,899
Deferred taxes 141,904  
Deferred taxes   154,873
Commitments and contingencies (Note 5)
Redeemable noncontrolling interest 3,859 6,886
Stockholders’ investment:    
Common stock, $.01 par value, authorized 90,000,000; outstanding: 35,375,380 as of December 31 and 35,213,991 as of March 31 (exclusive of 1,291,441 treasury shares) 381 379
Additional paid-in capital 844,825 809,995
Retained earnings 894,684 991,906
Accumulated other comprehensive loss (307,353) (328,277)
Treasury shares, at cost (2,756,419 shares) (184,796) (184,796)
Total Bristow Group stockholders’ investment 1,247,741 1,289,207
Noncontrolling interests 6,224 5,025
Total stockholders’ investment 1,253,965 1,294,232
Total liabilities, redeemable noncontrolling interest and stockholders’ investment $ 2,967,157 $ 3,113,847