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VARIABLE INTEREST ENTITIES (Tables)
9 Months Ended
Dec. 31, 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):
 
 
 
December 31, 
 2018
 
March 31,  
 2018
 
Assets
 
 
 
 
 
Cash and cash equivalents
 
$
76,432

 
$
90,788

 
Accounts receivable
 
303,108

 
256,735

 
Inventories
 
80,596

 
98,314

 
Prepaid expenses and other current assets
 
39,009

 
38,665

 
Total current assets
 
499,145

 
484,502

 
Investment in unconsolidated affiliates
 
2,930

 
3,608

 
Property and equipment, net
 
278,562

 
327,440

 
Goodwill
 
18,271

 
19,907

 
Other assets
 
219,636

 
231,884

 
Total assets
 
$
1,018,544

 
$
1,067,341

 
Liabilities
 
 
 
 
 
Accounts payable
 
$
413,998

 
$
292,893

 
Accrued liabilities
 
106,811

 
140,733

 
Accrued interest
 
2,330,164

 
2,130,433

 
Current maturities of long-term debt
 
7,963

 
23,125

 
Total current liabilities
 
2,858,936

 
2,587,184

 
Long-term debt, less current maturities
 
460,019

 
479,571

 
Accrued pension liabilities
 
28,036

 
37,034

 
Other liabilities and deferred credits
 
5,521

 
7,342

 
Deferred taxes
 
29,431

 
26,252

 
Total liabilities
 
$
3,381,943

 
$
3,137,383


 
 
 
Three Months Ended 
 December 31,
 
Nine Months Ended 
 December 31,
 
 
2018
 
2017
 
2018
 
2017
Revenue
 
$
292,047

 
$
309,461

 
$
935,304

 
$
933,387

Operating loss
 
(9,496
)
 
(17,463
)
 
(40,642
)
 
(40,095
)
Net loss
 
(85,922
)
 
(79,789
)
 
(270,263
)
 
(221,039
)