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VARIABLE INTEREST ENTITIES (Tables)
3 Months Ended
Jun. 30, 2018
Variable Interest Entities [Abstract]  
Primary beneficiary variable interest financial statements
Bristow Aviation and its subsidiaries are exposed to similar operational risks and are therefore monitored and evaluated on a similar basis by management. Accordingly, the financial information reflected on our condensed consolidated balance sheets and statements of operations for Bristow Aviation and subsidiaries is presented in the aggregate, including intercompany amounts with other consolidated entities, as follows (in thousands):
 
 
 
June 30,
 2018
 
March 31,
 2018
 
Assets
 
 
 
 
 
Cash and cash equivalents
 
$
68,947

 
$
90,788

 
Accounts receivable
 
319,251

 
256,735

 
Inventories
 
92,663

 
98,314

 
Prepaid expenses and other current assets
 
39,342

 
38,665

 
Total current assets
 
520,203

 
484,502

 
Investment in unconsolidated affiliates
 
3,268

 
3,608

 
Property and equipment, net
 
309,618

 
327,440

 
Goodwill
 
19,175

 
19,907

 
Other assets
 
230,748

 
231,884

 
Total assets
 
$
1,083,012

 
$
1,067,341

 
Liabilities
 
 
 
 
 
Accounts payable
 
$
348,588

 
$
292,893

 
Accrued liabilities
 
139,480

 
140,733

 
Accrued interest
 
2,196,334

 
2,130,433

 
Current maturities of long-term debt
 
20,024

 
23,125

 
Total current liabilities
 
2,704,426

 
2,587,184

 
Long-term debt, less current maturities
 
467,437

 
479,571

 
Accrued pension liabilities
 
30,526

 
37,034

 
Other liabilities and deferred credits
 
6,184

 
7,342

 
Deferred taxes
 
26,625

 
26,252

 
Total liabilities
 
$
3,235,198

 
$
3,137,383


 
 
 
Three Months Ended
 June 30,
 
 
2018
 
2017
Revenue
 
$
331,469

 
$
301,970

Operating income (loss)
 
7,364

 
(19,654
)
Net loss
 
(69,021
)
 
(79,169
)