DEBT (Tables)

6 Months Ended

Sep. 30, 2011

Debt Instruments Abstract

Schedule of debt

		September 30,		March 31,
		2011		2011
7 ½% Senior Notes due 2017, including $0.4 million of unamortized premium		$	350,378	$	350,410
Term Loan			200,000		200,000
Revolving Credit Facility			87,800		30,000
3% Convertible Senior Notes due 2038, including $14.1 million and $15.8 million of unamortized discount, respectively			100,885		99,219
Bristow Norway Debt			10,207		11,454
RLR Note			14,283		14,900
Other debt			807		1,478
	Total debt		764,360		707,461
	Less short-term borrowings and current maturities of long-term debt		(13,273)		(8,979)
	Total long-term debt	$	751,087	$	698,482

Schedule of convertible debt

		September 30,		March 31,
		2011		2011
Equity component – net carrying value		$	14,905	$	14,905
Debt component:
	Face amount due at maturity	$	115,000	$	115,000
	Unamortized discount		(14,115)		(15,781)
	Debt component – net carrying value	$	100,885	$	99,219

Schedule of convertible debt interest expense

		Three Months Ended				Six Months Ended
		September 30,				September 30,
		2011		2010		2011		2010
Contractual coupon interest		$	863	$	863	$	1,726	$	1,726
Amortization of debt discount			844		789		1,666		1,565
	Total interest expense	$	1,707	$	1,652	$	3,392	$	3,291