TIDEWATER INC
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
TDW$71.06+1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED BALANCE SHEETS
(In Thousands, except share and par value data)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $280,840 | $274,437 |
| Restricted cash | 7,259 | 1,241 |
| Trade and other receivables, net of allowance for credit losses of $3,086 and $15,914 at September 30, 2024 and December 31, 2023, respectively | 293,085 | 268,352 |
| Marine operating supplies | 26,670 | 31,933 |
| Prepaid expenses and other current assets | 18,117 | 15,172 |
| Total current assets | 625,971 | 591,135 |
| Net properties and equipment | 1,220,056 | 1,315,122 |
| Deferred drydocking and survey costs | 160,944 | 106,698 |
| Indemnification assets | 12,216 | 17,370 |
| Other assets | 27,944 | 32,449 |
| Total assets | $2,047,131 | $2,062,774 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $64,058 | $44,931 |
| Accrued expenses | 117,878 | 125,590 |
| Current portion of long-term debt | 53,105 | 103,077 |
| Other current liabilities | 38,532 | 55,133 |
| Total current liabilities | 273,573 | 328,731 |
| Long-term debt | 597,352 | 631,361 |
| Other liabilities | 62,366 | 64,985 |
| Commitments and contingencies | ||
| Equity: | ||
| Common stock of $0.001 par value, 125,000,000 shares authorized, 52,322,461 and 52,259,303 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | 52 | 52 |
| Additional paid-in capital | 1,653,027 | 1,671,759 |
| Accumulated deficit | (541,191) | (637,838) |
| Accumulated other comprehensive income | 4,592 | 5,266 |
| Total stockholders’ equity | 1,116,480 | 1,039,239 |
| Noncontrolling interests | (2,640) | (1,542) |
| Total equity | 1,113,840 | 1,037,697 |
| Total liabilities and equity | $2,047,131 | $2,062,774 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.