XML 17 R5.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2018
Mar. 31, 2017
Current assets:    
Cash and cash equivalents $ 380,223,000 $ 96,656,000
Accounts receivable from non-affiliates 233,386,000 198,129,000
Accounts receivable from affiliates 13,594,000 8,786,000
Inventories 129,614,000 124,911,000
Assets held for sale 30,348,000 38,246,000
Prepaid expenses and other current assets 47,234,000 41,143,000
Total current assets 834,399,000 507,871,000
Investment in unconsolidated affiliates 126,170,000 210,162,000
Property and equipment – at cost:    
Land and buildings 250,040,000 231,448,000
Aircraft and equipment 2,511,131,000 2,622,701,000
Total property and equipment, at cost 2,761,171,000 2,854,149,000
Less – Accumulated depreciation and amortization (693,151,000) (599,785,000)
Total property and equipment, net 2,068,020,000 2,254,364,000
Goodwill 19,907,000 19,798,000
Other assets 116,506,000 121,652,000
Total assets 3,165,002,000 3,113,847,000
Current liabilities:    
Accounts payable 101,270,000 98,215,000
Accrued wages, benefits and related taxes 67,334,000 64,026,000
Income taxes payable 8,453,000 15,145,000
Other accrued taxes 7,378,000 9,611,000
Deferred revenue 15,833,000 19,911,000
Accrued maintenance and repairs 28,555,000 22,914,000
Accrued interest 16,345,000 12,909,000
Other accrued liabilities 65,978,000 46,679,000
Deferred taxes   830,000
Short-term borrowings and current maturities of long-term debt 1,475,438,000 131,063,000
Total current liabilities 1,786,584,000 421,303,000
Long-term debt, less current maturities 11,096,000 1,150,956,000
Accrued pension liabilities 37,034,000 61,647,000
Other liabilities and deferred credits 36,952,000 28,899,000
Deferred taxes 115,192,000  
Deferred taxes   154,873,000
Commitments and contingencies (Note 7)
Redeemable noncontrolling interest 0 6,886,000
Stockholders’ investment:    
Common stock, $.01 par value, authorized 90,000,000; outstanding: 35,526,625 and 35,213,991 shares (exclusive of 1,291,441 treasury shares) 382,000 379,000
Additional paid-in capital 852,565,000 809,995,000
Retained earnings 788,834,000 986,957,000
Accumulated other comprehensive loss (286,094,000) (328,277,000)
Treasury shares, at cost (2,756,419 shares) (184,796,000) (184,796,000)
Total Bristow Group stockholders’ investment 1,170,891,000 1,284,258,000
Noncontrolling interests 7,253,000 5,025,000
Total stockholders’ investment 1,178,144,000 1,289,283,000
Total liabilities, redeemable noncontrolling interest and stockholders’ investment $ 3,165,002,000 $ 3,113,847,000