Bristow Group Inc

For the period ended Mar 31, 2024. Filed May 8, 2024.

About this filing

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.

Mar 31, 2024 · Filed May 8, 2024

VTOL$38.27+2.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations

(Unaudited, in thousands, except per share amounts)

	Three Months EndedMarch 31,
	2024	2023
Revenues:
Operating revenues	$329,356	$292,931
Reimbursable revenues	7,738	9,091
Total revenues	337,094	302,022
Costs and expenses:
Operating expenses	247,364	226,724
Reimbursable expenses	7,691	8,991
General and administrative expenses	43,347	46,730
Merger and integration costs	—	439
Depreciation and amortization expense	17,169	17,445
Total costs and expenses	315,571	300,329
Gains (losses) on disposal of assets	(113)	3,256
Earnings from unconsolidated affiliates	1,419	1,037
Operating income	22,829	5,986
Interest income	1,984	1,129
Interest expense, net	(9,472)	(10,264)
Reorganization items, net	—	(44)
Other, net	(6,201)	(3,426)
Total other income (expense), net	(13,689)	(12,605)
Income (loss) before income taxes	9,140	(6,619)
Income tax benefit (expense)	(2,508)	5,094
Net income (loss)	6,632	(1,525)
Net loss (income) attributable to noncontrolling interests	(27)	3
Net income (loss) attributable to Bristow Group Inc.	$6,605	$(1,522)
Earnings (losses) per common share:
Basic	$0.23	$(0.05)
Diluted	$0.23	$(0.05)
Weighted average shares of common stock outstanding:
Basic	28,332	27,983
Diluted	29,239	27,983

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.