Era group inc. (ERA)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value

113,518

117,366

107,736

88,430

49,612

50,753

47,631

15,057

16,553

13,583

26,896

28,878

26,339

26,950

32,144

39,160

30,803

14,370

13,808

17,002

33,691

40,867

40,357

14,940

22,290

31,335

22,517

27,345

25,032

11,505

Receivables:
Trade, operating, net of allowance for doubtful accounts

34,102

32,730

-

-

-

33,306

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade, operating, net of allowance for doubtful accounts of $176 and $261 in 2019 and 2018, respectively (including $6,177 and $5,565 from VIEs in 2019 and 2018, respectively)

-

-

31,312

30,493

34,732

-

35,655

35,346

34,447

33,840

38,608

32,824

34,840

32,470

34,300

36,830

36,980

48,639

39,498

39,866

38,949

33,390

48,307

52,582

47,780

38,137

48,152

40,362

40,761

48,810

Trade, dry-leasing

5,754

5,234

5,864

5,165

2,446

3,803

3,833

3,940

4,253

5,124

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax receivables

2,159

2,860

2,705

2,680

2,843

3,187

3,117

3,206

3,466

2,829

2,811

3,000

3,166

3,461

0

6,011

6,068

6,085

-

-

-

380

-

-

-

-

-

-

-

-

Other

15,006

15,421

11,567

16,478

7,204

2,343

2,701

1,451

4,168

1,623

2,486

3,172

2,396

2,716

6,490

3,641

3,707

3,305

2,513

2,110

2,567

1,682

1,679

2,078

-

-

-

-

-

-

Due from SEACOR

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Inventories, net

19,941

20,066

20,826

21,004

20,893

20,673

20,157

20,864

20,830

21,112

21,985

24,296

25,232

25,417

26,615

27,764

27,744

27,994

24,932

25,808

26,189

26,869

27,039

26,863

26,780

26,853

26,692

26,223

26,696

26,650

Prepaid expenses

3,412

2,184

2,851

2,822

2,233

1,807

2,367

2,548

2,804

1,203

2,439

2,518

2,535

1,579

1,799

2,563

3,274

1,963

3,055

3,847

4,081

2,661

1,712

2,991

3,292

2,167

1,278

2,854

2,715

1,803

Restricted cash

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Escrow Deposit

-

-

-

-

-

-

-

0

-

3,250

0

0

3,779

3,777

-

-

-

191

2,297

6,762

2,800

-

0

0

3,048

-

9,900

16,010

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,276

2,507

2,167

1,996

2,065

1,991

2,138

2,347

3,642

3,642

3,642

3,642

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190

191

191

-

-

-

-

0

-

-

4,824

4,374

3,244

14,890

16,416

4,430

Total current assets

193,892

195,861

182,861

167,072

119,963

115,872

115,461

82,412

86,521

82,564

95,225

94,688

98,287

96,370

101,538

116,160

108,767

102,547

88,379

97,902

110,444

107,845

121,159

101,445

110,152

105,213

115,425

131,326

115,262

96,840

Property and equipment:
Helicopters

-

-

-

-

-

805,453

-

-

-

824,122

-

-

-

947,804

-

-

-

970,095

-

-

-

920,412

-

-

-

864,900

-

-

-

897,611

Machinery, equipment and spares (including $750 from VIEs in 2018)

-

-

-

-

-

37,487

-

-

-

41,375

-

-

-

50,579

-

-

-

76,490

-

-

-

82,330

-

-

-

75,170

-

-

-

72,161

Construction in progress

-

-

-

-

-

7,086

-

-

-

37,605

-

-

-

88,971

-

-

-

60,333

-

-

-

124,043

-

-

-

85,289

-

-

-

22,644

Buildings and leasehold improvements (including $154 from VIEs in 2018)

-

-

-

-

-

45,303

-

-

-

43,839

-

-

-

44,177

-

-

-

45,861

-

-

-

30,535

-

-

-

29,138

-

-

-

25,451

Furniture, fixtures, vehicles and other (including $471 from VIEs in 2018)

-

-

-

-

-

21,832

-

-

-

26,001

-

-

-

22,497

-

-

-

23,130

-

-

-

13,947

-

-

-

12,461

-

-

-

12,409

Property, Plant and Equipment, Gross

893,585

895,063

901,580

918,972

918,252

917,161

927,477

923,249

949,064

972,942

983,798

1,164,048

1,154,835

1,154,028

1,175,131

1,172,242

1,171,271

1,175,909

1,175,693

1,192,445

1,171,548

1,171,267

1,128,510

1,116,678

1,084,199

1,066,958

1,014,907

1,012,661

1,021,453

1,030,276

Accumulated depreciation

345,457

338,164

334,730

336,825

327,444

317,967

314,736

305,745

297,341

299,028

299,294

353,830

343,659

332,219

347,113

336,722

325,363

316,693

311,070

314,484

315,399

308,141

296,294

284,547

273,754

263,306

255,299

251,613

246,498

242,471

Property and equipment, net

548,128

556,899

566,850

582,147

590,808

599,194

612,741

617,504

651,723

673,914

684,504

810,218

811,176

821,809

828,018

835,520

845,908

859,216

864,623

877,961

856,149

863,126

832,216

832,131

810,445

803,652

759,608

761,048

774,955

787,805

Operating lease right-of-use

8,672

9,468

9,907

8,080

8,460

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments At Equity And Advances To Fifty Percent Or Less Owned Companies

-

-

0

0

24,427

27,112

26,600

30,982

30,445

30,056

29,894

29,852

29,727

29,266

29,595

29,299

28,795

28,898

30,256

30,945

31,397

31,753

31,641

36,053

35,433

34,986

36,113

35,529

34,705

34,696

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,589

1,823

352

352

352

352

352

352

352

352

352

352

Intangible assets

92

96

1,094

1,098

1,102

1,107

1,111

1,115

1,118

1,122

1,126

1,129

1,133

1,137

1,141

1,148

1,153

1,158

1,411

1,410

-

0

-

-

-

-

-

-

-

-

Other assets

1,726

2,191

6,363

6,487

21,081

21,578

18,421

18,680

4,798

4,441

5,021

5,593

6,096

6,591

11,177

12,719

12,850

12,532

12,522

14,547

15,156

14,098

14,794

15,868

16,074

14,380

16,071

17,300

17,830

17,871

Total assets

752,510

764,515

767,075

764,884

765,841

764,863

774,334

750,693

774,605

792,097

815,770

941,480

946,419

955,173

971,469

994,846

997,473

1,004,351

998,780

1,024,588

1,013,498

1,017,174

1,000,162

985,849

972,456

958,583

927,569

945,555

943,104

937,564

LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts Payable and Accrued Liabilities, Current

12,475

12,923

11,940

13,467

12,643

13,161

10,438

17,246

11,084

16,421

15,326

12,884

9,032

8,876

9,132

15,473

10,119

12,000

12,037

12,026

13,904

15,120

21,819

23,129

13,639

13,293

16,796

15,796

13,126

15,703

Employee-related Liabilities, Current

6,565

10,554

8,960

8,222

5,524

9,267

8,605

7,516

6,530

8,264

8,350

8,708

6,881

8,507

9,077

9,565

6,244

9,012

7,861

7,293

6,822

7,521

9,651

9,791

9,583

8,792

8,937

6,976

7,662

4,576

Accrued interest

3,309

520

3,321

536

3,376

569

3,404

545

3,485

606

3,325

527

3,365

529

3,363

612

3,491

562

3,992

813

4,791

949

4,805

950

4,624

772

4,625

770

5,213

1,401

Accrued income taxes

2,297

3,612

2,945

938

2,874

973

2,993

40

46

28

38

291

689

666

550

-

-

0

7,415

7,613

37

267

1,029

236

781

613

-

-

-

0

Accrued other taxes

1,539

937

1,986

1,410

1,414

1,268

2,396

1,965

1,856

1,810

2,098

1,145

1,447

1,447

2,311

2,515

1,905

2,412

-

-

-

955

-

-

-

-

-

-

-

-

Accrued contingencies

701

598

548

647

656

630

1,014

946

892

859

1,288

1,334

1,189

1,237

1,543

1,280

2,851

2,358

-

-

-

0

-

-

-

-

-

-

-

-

Derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

71

192

275

1,109

1,991

569

529

621

-

-

-

1,025

Current portion of long-term debt

17,901

18,317

1,845

1,859

1,938

2,058

2,158

2,257

2,296

2,736

2,191

2,161

2,199

2,139

1,539

1,569

2,291

3,386

25,335

26,130

26,729

27,426

2,787

2,787

2,787

2,787

2,787

2,787

2,787

2,787

Due to SEACOR

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

270

-

Other current liabilities

3,310

3,315

2,851

2,902

3,092

878

1,033

3,224

3,166

1,720

2,406

2,590

2,846

2,222

2,470

2,184

1,775

2,300

4,735

3,556

3,121

2,207

4,154

4,258

4,171

3,267

6,894

5,253

4,309

4,207

Total current liabilities

48,097

50,776

34,396

29,981

31,517

28,804

32,041

33,739

29,355

32,444

35,022

29,640

27,648

25,623

29,985

33,198

28,676

32,030

61,446

57,623

55,679

55,554

46,236

41,720

36,114

30,145

40,039

31,582

33,367

29,699

Long-term Debt, Excluding Current Maturities

142,004

141,832

158,731

158,981

159,961

160,217

160,476

172,787

188,470

202,174

215,025

221,354

225,946

230,139

232,655

252,940

263,590

264,479

242,873

267,671

277,424

282,118

277,390

278,023

278,755

279,391

240,029

275,667

276,307

276,948

Deferred income taxes

101,984

103,793

105,440

106,929

104,824

108,357

108,138

103,303

105,865

106,598

177,704

222,724

223,442

225,472

227,417

227,933

229,083

229,848

213,998

218,802

217,200

217,027

216,985

214,117

211,479

209,574

208,483

204,487

203,343

203,536

Operating lease liabilities

7,103

7,815

8,166

6,387

6,773

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred gains and other liabilities

920

745

850

850

721

747

1,753

1,350

1,596

1,434

1,069

944

924

1,301

4,280

4,418

2,855

1,887

1,956

1,994

1,937

2,111

2,898

3,120

3,476

3,412

5,343

5,947

8,164

7,864

Total liabilities

300,108

304,961

307,583

303,128

303,796

298,125

302,408

311,179

325,286

342,650

428,820

474,662

477,960

482,535

494,337

518,489

524,204

528,244

520,273

546,090

552,240

556,810

543,509

536,980

529,824

522,522

493,894

517,683

521,181

518,047

Commitments and contingencies (see Note 7)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

0

-

-

-

-

Redeemable noncontrolling interest

2,752

2,812

2,945

3,094

3,160

3,302

3,456

3,466

3,603

3,766

4,002

3,769

4,054

4,221

4,331

4,573

4,672

4,804

4,783

5,195

-

0

-

-

-

-

-

-

-

-

Series A Preferred Stock, at redemption value; $0.01 par value; 10,000,000 shares authorized; none issued and outstanding in 2013; 1,400,000 shares issued and outstanding in 2012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

144,232

Equity:
Common Stock, Value, Issued

230

224

224

224

224

219

219

219

219

215

215

215

215

211

211

211

211

207

207

206

206

204

204

204

203

-

-

-

201

-

Additional Paid in Capital

452,701

452,009

451,103

449,687

448,690

447,298

447,013

445,885

445,174

443,944

442,948

441,595

440,164

438,489

437,291

435,714

434,460

433,175

432,774

431,233

430,251

429,109

428,530

425,010

423,728

421,310

420,650

420,056

419,036

278,838

Retained earnings

7,463

14,692

15,372

17,282

12,342

18,285

24,079

-7,210

3,169

4,363

-57,331

24,117

26,904

32,524

38,062

38,622

36,684

40,502

43,949

43,088

31,755

31,797

28,612

24,346

19,125

14,680

12,928

7,724

2,669

-4,025

Treasury Stock, Value

10,744

10,183

10,152

8,531

2,481

2,476

2,951

2,951

2,951

2,951

2,974

2,968

2,968

2,899

2,855

2,855

2,850

2,673

2,632

563

560

551

547

547

334

113

94

63

-

0

Accumulated Other Comprehensive Income (Loss), Net of Tax

-

-

0

0

110

110

110

105

105

110

90

90

90

92

92

92

92

92

92

-44

93

95

99

146

175

176

108

-44

-85

20

Total Era Group Inc. stockholders equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

474,390

473,920

461,745

460,654

456,898

449,159

442,897

436,255

433,794

427,875

421,821

275,078

Noncontrolling interest in subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-666

-617

-487

-290

-245

-290

-265

-194

-119

-3

102

207

Total equity

449,650

456,742

456,547

458,662

458,885

463,436

468,470

436,048

445,716

445,681

382,948

463,049

464,405

468,417

472,801

471,784

468,597

471,303

473,724

473,303

461,258

460,364

456,653

448,869

442,632

436,061

433,675

427,872

421,923

275,285

Total liabilities, redeemable noncontrolling interest and stockholders’ equity

752,510

764,515

767,075

764,884

765,841

764,863

774,334

750,693

774,605

792,097

815,770

941,480

946,419

955,173

971,469

994,846

997,473

1,004,351

998,780

1,024,588

1,013,498

1,017,174

1,000,162

985,849

972,456

958,583

927,569

945,555

943,104

937,564