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VARIABLE INTEREST ENTITIES (Tables)
6 Months Ended
Sep. 30, 2019
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):
 
 
 
September 30,
 2019
 
March 31,
 2019
 
Assets
 
 
 
 
 
Cash and cash equivalents
 
$
98,991

 
$
83,499

 
Restricted cash
 
1,939

 

 
Accounts receivable
 
304,368

 
307,864

 
Inventories
 
77,856

 
85,977

 
Prepaid expenses and other current assets
 
31,275

 
36,646

 
Total current assets
 
514,429

 
513,986

 
Investment in unconsolidated affiliates
 
329

 
3,087

 
Property and equipment, net
 
261,390

 
281,944

 
Right-of-use assets
 
148,492

 

 
Goodwill
 

 
18,436

 
Other assets
 
164,103

 
229,902

 
Total assets
 
$
1,088,743

 
$
1,047,355

 
Liabilities
 
 
 
 
 
Accounts payable
 
$
479,989

 
$
442,187

 
Accrued liabilities
 
94,228

 
113,905

 
Accrued interest
 
2,702,306

 
2,399,704

 
Current maturities of long-term debt
 
77,763

 
85,287

 
Total current liabilities
 
3,354,286

 
3,041,083

 
Long-term debt, less current maturities
 
381,559

 
384,369

 
Accrued pension liabilities
 
18,706

 
25,726

 
Other liabilities and deferred credits
 
3,302

 
4,810

 
Deferred taxes
 

 
37,063

 
Long-term operating lease liabilities
 
34,852

 

 
Total liabilities
 
$
3,792,705

 
$
3,493,051


 
 
 
Three Months Ended
 September 30,
 
Six Months Ended
 September 30,
 
 
2019
 
2018
 
2019
 
2018
Revenue
 
$
276,568

 
$
311,788

 
$
571,723

 
$
643,257

Operating loss
 
(13,692
)
 
(38,510
)
 
(2,412
)
 
(31,146
)
Net loss
 
(21,034
)
 
(115,320
)
 
(383,882
)
 
(184,341
)