TIDEWATER INC company info

CIK 98222
IRS Number 720487776
State of incorporation DE
Business address 601 POYDRAS ST.
SUITE 1500
NEW ORLEANS
LA
70130
Mail address 601 POYDRAS ST.
SUITE 1500
NEW ORLEANS
LA
70130

Short summary

TIDEWATER INC is a Louisiana company, with head office located at 601 Poydras St. New Orleans, Louisiana 70130. In 2017 the company owned a total of 1.81 billion USD worth of assets, including 871.20 million USD worth of current assets. 2013 was the year when the company amassed the most assets.

TIDEWATER INC Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Gross Profit 167.21251.72296.88285.9369.57-59.38
Operating Income (Loss) 465.47240.33139.34113.55206.23201.54-37.18-69.52-577.85
Interest expense 0.691.6810.7722.3129.7543.8150.0353.75
Income Tax Expense (Benefit) 84.628.2642.4823.6344.4132.79-1.0820.826.40
Net income 406.90259.48105.6287.41150.75140.26-65.19-160.18-660.12

TIDEWATER INC Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 270.21314.91122.88196.42240.5764.8153.45102.98668.66683.78459.98
Property, Plant and Equipment, Gross 3,645.084,033.914,078.244,656.524,617.164,833.884,696.163,249.83876.83
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 1,279.701,301.021,139.511,114.261,001.991,114.671,220.73590.528.14
Goodwill 328.75328.75297.82341.45283.70283.70
Other Assets, Noncurrent 88.11110.90118.45144.7192.7596.7784.2892.1346.85
Total assets 3,323.483,776.934,042.264,697.044,930.844,713.484,877.863,919.581,812.85
Current assets 498.65563.59639.56619.17871.29834.811,281.151,118.92871.20
Accounts payable 34.3947.8992.6875.9874.8158.6653.7435.0939.44
Taxes Payable, Current 16.8021.9032.7938.3536.7324.6916.1611.57
Total current liabilities 205.23193.23321.16291.31409.77492.232,431.98260.17259.19
Long-term Debt, Excluding Current Maturities 3007008901,475.061,500.961,498.111,441.9280.86445.68
Long-term Debt 9501,0001,514.871,534.482,052.272,039.44450.85
Deferred income taxes 213.87218.57214.59189.27110.1525.6241.5146.01
Common Stock, Value, Issued 5.145.194.984.954.974.704.714.710.02
Retained Earnings (Accumulated Deficit) 2,409.522,448.332,393.182,471.562,575.342,303.832,046.17950.90-15.69
Accumulated Other Comprehensive Income (Loss), Net of Tax -17.01-18.09-19.84-16.91-11.88-20.18-6.63-10.260.08

TIDEWATER INC Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 406.90259.48105.6287.41150.75140.26-65.19-160.18-660.12
Depreciation and amortization 126.23130.18140.58138.36147.30167.48175.20182.31167.29
Deferred Income Tax Expense (Benefit) 12.890.57-6.85-23.75-11.73-34.71-72.39-6.80-2.20
Inventories 2.36-4.494.513.108.50-5.72-6.15-13.67-2.29
Net Cash Provided by (Used in) Operating Activities 523.89328.26264.21222.42213.92
Payments to Acquire Property, Plant, and Equipment 473.68451.97615.29357.11440.57594.70364.19194.4925.50
Payments to Acquire Businesses, Net of Cash Acquired 127.74
Net Cash Provided by (Used in) Investing Activities -434.06-298.48-569.94-315.08-413.49
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -315.08-413.49-403.69-231.42-135.0014.86
Proceeds from Issuance of Long-term Debt 590290110
Payments for Repurchase of Common Stock 53.6319.9935.0285.03100.00
Net Cash Provided by (Used in) Financing Activities -109.25-57.50328.39167.65-80.58
Cash and Cash Equivalents, Period Increase (Decrease) -19.41-27.7222.6574.99-280.1419.7918.21599.8727.97