Gulfmark offshore inc (GLF)
Balance Sheet / Yearly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09
Current assets:
Cash and cash equivalents

37,532

44,978

52,861

64,613

11,461

14,117

28,141

8,822

9,779

10,647

19,669

21,939

31,172

78,390

59,847

50,785

32,663

25,940

25,705

60,566

38,177

72,701

119,088

185,175

148,993

146,463

222,151

128,817

112,966

113,943

105,516

97,195

87,941

49,794

48,227

92,079

Trade accounts receivable, net of allowance for doubtful accounts of $1,023 and $3,470, respectively

22,253

17,336

18,539

20,378

18,865

20,954

18,916

22,043

22,716

29,029

28,386

40,838

55,353

70,634

74,408

88,721

102,728

125,404

102,854

100,173

107,393

115,184

92,319

85,706

93,517

86,748

85,352

85,214

80,677

82,913

67,110

66,714

80,604

76,129

76,069

76,554

Other accounts receivable

4,189

3,778

3,196

7,471

7,646

7,557

8,828

7,650

6,902

7,102

7,113

7,571

7,624

8,158

10,093

9,410

11,621

13,675

12,008

11,194

10,162

9,672

9,337

8,506

6,886

7,125

8,090

6,314

10,488

12,510

13,410

10,326

7,590

4,670

3,736

4,235

Inventory

1,721

1,686

1,546

1,323

7,637

7,506

7,442

7,465

7,684

7,655

-

8,485

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

5,645

6,171

5,833

4,319

5,518

6,290

6,189

3,799

5,307

4,864

-

4,354

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

3,460

3,460

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

1,051

1,183

1,133

5,416

2,099

2,271

1,837

3,110

2,565

3,446

-

3,810

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

16,009

-

19,459

21,057

20,691

17,825

24,273

21,440

21,269

18,132

22,919

23,910

26,867

25,186

24,597

24,640

25,260

21,197

-

-

-

20,113

-

-

-

-

Prepaid expenses and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,443

18,251

21,545

-

16,557

21,923

-

12,206

Prepaid expenses and other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,145

-

Total current assets

72,391

75,132

83,108

103,520

56,686

62,155

71,353

52,889

54,953

62,743

71,177

86,997

113,608

178,239

165,039

166,741

171,285

186,459

161,836

190,065

178,651

221,467

247,611

304,573

273,993

264,976

340,853

241,542

220,574

227,617

207,581

194,348

192,692

152,516

140,177

185,074

Vessels, equipment, and other fixed assets at cost, net of accumulated depreciation of $29,755 and $4,392, respectively

335,226

345,003

363,110

363,845

1,010,163

1,004,972

1,001,788

970,522

1,015,197

1,033,643

1,095,529

1,195,669

1,228,229

1,369,451

1,351,164

1,356,839

1,427,228

1,480,110

1,440,958

1,316,838

1,281,217

1,091,529

1,104,674

1,136,360

1,107,960

1,123,260

1,163,754

1,143,441

1,150,994

1,187,292

1,193,407

1,191,280

1,202,595

1,165,956

1,169,179

1,164,067

Construction in progress

353

255

334

283

1,176

1,605

1,367

24,698

26,421

24,841

50,850

70,817

69,596

90,799

88,300

127,722

122,000

115,234

139,334

177,773

172,531

258,157

202,509

169,429

117,693

91,772

49,392

37,107

11,111

3,869

3,018

2,920

3,422

30,215

54,921

40,349

Goodwill

-

-

-

-

-

-

-

-

-

-

-

-

0

23,755

23,162

25,010

28,979

30,375

31,114

30,676

31,000

30,665

31,824

33,438

32,412

31,251

32,713

31,153

31,767

34,495

33,625

31,987

31,691

28,571

129,023

129,849

Fair value hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,886

Intangibles, net of accumulated amortization of $18,741 in 2014

-

-

-

-

-

-

-

-

-

-

-

-

0

14,416

15,137

15,861

16,581

17,301

18,021

18,741

19,461

20,182

20,903

21,624

22,345

23,065

23,848

24,569

25,228

25,949

26,669

27,390

28,111

28,832

29,552

30,273

Cash held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

3,683

3,683

3,682

8,745

8,742

19,624

32,258

39,099

47,028

52,390

-

-

-

-

-

-

-

-

-

-

-

Deferred costs and other assets

9,432

7,068

7,045

4,307

3,646

2,761

2,063

5,794

5,619

6,072

6,413

7,769

18,182

20,131

20,571

20,499

22,062

20,826

29,746

30,457

32,440

30,709

32,562

33,222

30,620

27,332

29,023

21,987

23,774

25,885

21,158

20,724

16,077

7,141

8,109

9,161

Total assets

417,402

427,458

453,597

471,955

1,071,671

1,071,493

1,076,571

1,053,903

1,102,190

1,127,299

1,223,969

1,361,252

1,429,615

1,696,791

1,663,373

1,716,355

1,791,818

1,853,987

1,829,754

1,773,292

1,734,924

1,684,967

1,679,182

1,745,674

1,637,413

1,561,656

1,639,583

1,499,799

1,463,448

1,505,107

1,485,458

1,468,649

1,474,588

1,413,231

1,530,961

1,565,659

Current liabilities:
Current maturities of long term debt

-

-

-

-

125,380

117,156

546,044

483,326

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

79,663

1,667

33,333

33,333

33,333

33,333

33,333

33,333

33,333

33,333

Debtor in possession financing

-

-

-

-

18,000

17,000

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

9,585

7,469

9,776

12,770

9,104

8,729

10,204

11,666

11,588

12,959

15,674

13,170

15,051

13,010

18,204

22,494

27,720

28,661

24,586

27,229

21,234

23,801

23,936

29,089

19,552

16,860

20,275

14,475

16,273

21,146

17,514

15,130

20,190

17,697

21,243

19,519

Income and other taxes payable

2,262

1,733

1,371

1,540

4,284

3,788

2,991

3,678

2,538

2,379

2,481

6,485

7,482

6,174

4,870

4,578

5,507

3,718

3,398

3,340

4,752

4,310

4,698

6,262

6,983

5,686

6,029

5,568

-

-

-

5,305

-

-

-

-

Income and other taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,418

5,019

6,490

-

4,948

1,921

2,405

4,815

Accrued personnel costs

4,488

5,298

5,290

5,040

10,092

9,514

10,224

9,109

10,299

10,691

10,504

12,942

13,421

14,617

15,951

20,403

22,620

20,499

18,960

19,624

21,389

19,591

21,564

23,656

22,957

20,889

21,319

23,059

22,134

22,387

21,626

23,417

22,392

24,165

22,661

26,312

Accrued interest expense

385

380

396

451

1,041

755

15,367

8,163

1,365

8,193

1,544

9,620

1,604

9,649

1,673

9,610

1,451

10,038

1,627

9,892

1,917

9,830

1,481

9,327

869

5,912

2,396

5,777

2,648

5,769

2,659

5,757

2,662

5,758

2,658

5,966

Accrued restructuring charges

0

0

0

7,458

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued professional fees

685

644

1,567

1,825

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

987

1,885

2,805

3,530

-

-

-

0

-

-

-

-

Other accrued liabilities

3,628

3,680

4,056

3,406

5,901

4,882

6,313

9,305

5,882

6,215

7,125

5,316

5,354

6,888

9,284

10,338

12,143

9,157

11,627

13,432

11,496

12,630

11,657

11,402

11,820

10,997

8,489

8,565

7,270

8,225

8,853

7,676

10,871

11,183

10,313

7,088

Total current liabilities

21,033

19,204

22,456

32,490

173,802

161,824

591,143

525,247

31,672

40,437

37,328

47,533

42,912

50,338

49,982

67,423

69,441

72,073

60,198

73,517

60,788

70,162

63,336

79,736

63,168

62,229

140,976

62,641

86,076

95,879

90,475

90,618

94,396

94,057

92,613

97,033

Long-term debt

93,596

93,155

92,436

92,365

-

-

-

-

473,183

461,914

486,090

490,589

523,638

572,669

560,700

544,732

518,959

545,747

551,760

500,864

500,898

500,933

500,969

500,999

-

-

-

-

-

-

-

-

-

-

-

-

Long-term income taxes:
Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

390,000

346,712

347,028

305,830

268,146

286,463

294,779

293,095

311,412

309,728

318,044

326,361

Deferred income tax liabilities

1,980

2,381

2,869

2,992

118,858

124,581

124,300

58,094

54,240

60,061

63,060

99,439

106,121

93,603

99,115

104,346

102,538

104,807

104,497

104,647

107,821

105,059

105,862

105,867

104,385

106,294

106,311

105,131

102,845

101,556

103,420

105,469

107,036

109,060

110,965

112,960

Other income taxes payable

17,889

17,562

18,727

18,374

18,340

17,763

18,680

17,768

21,571

20,163

21,041

21,351

20,834

25,378

24,678

24,730

24,668

24,620

24,198

23,673

23,445

22,444

22,175

23,665

23,106

21,447

20,992

22,769

21,285

17,233

18,427

19,400

18,606

17,019

13,178

24,029

Other income taxes payable

17,889

17,562

18,727

18,374

18,340

17,763

-

17,768

-

-

-

-

-

-

24,678

-

24,668

24,620

24,198

23,673

23,445

22,444

22,175

23,665

23,106

21,447

20,992

22,769

21,285

17,233

18,427

19,400

18,606

17,019

13,178

24,029

Fair value of derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,807

-

-

-

-

Fair value hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,886

Cash flow hedge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,577

5,552

5,946

-

7,942

7,565

6,987

6,422

Other liabilities

932

1,090

1,135

1,244

3,256

3,235

3,008

3,173

3,238

3,953

3,984

4,032

6,837

6,127

5,716

6,371

6,390

6,888

6,814

7,250

6,478

8,257

8,059

7,525

7,666

6,758

6,622

6,568

6,718

11,269

7,246

7,303

7,613

3,878

4,222

4,500

Total liabilities not subject to compromise

-

-

-

-

314,256

307,403

-

604,282

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities subject to compromise

-

-

-

-

448,124

448,124

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Preferred stock, $0.01 par value; 5,000 shares authorized; no shares issued

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value; 25,000 shares authorized; 7,570 and 7,043 shares issued and 7,568 and 7,042 outstanding, respectively

75

75

70

70

289

289

287

278

277

277

276

274

273

272

272

271

270

270

270

269

269

269

268

266

266

266

265

262

262

261

261

259

258

258

257

255

Additional paid-in capital

319,103

318,521

317,932

317,932

389,027

400,397

409,346

411,983

416,078

417,929

418,208

417,289

416,602

414,751

412,904

410,641

408,734

406,668

404,352

402,286

398,540

396,565

391,849

389,881

388,217

385,883

382,196

379,673

376,747

374,978

373,261

370,218

367,933

366,332

364,205

362,022

Retained earnings (deficit)

-36,457

-25,302

-11,727

3,511

57,133

81,775

122,322

241,207

280,694

305,419

352,999

444,181

460,819

646,043

654,277

659,403

658,339

640,639

633,124

623,221

604,260

578,605

575,371

579,062

610,563

597,557

583,493

586,402

562,757

548,592

535,301

536,468

521,232

502,025

592,756

571,213

Accumulated other comprehensive income (loss)

-749

772

9,699

2,977

-108,354

-125,611

-141,836

-148,402

-117,747

-118,433

-92,976

-96,234

-79,928

-43,042

-74,332

-30,665

25,454

65,849

58,140

49,965

44,986

15,386

24,246

59,875

50,042

34,510

51,700

31,105

34,918

64,488

57,731

39,137

38,511

3,693

27,968

54,005

Treasury stock

68

70

70

70

38,133

50,148

59,874

64,580

69,944

73,157

74,914

75,922

76,987

77,792

78,142

78,441

30,610

20,879

20,570

18,690

20,121

19,982

23,453

11,533

9,722

9,447

9,114

8,968

8,985

9,006

9,167

7,228

7,202

6,977

6,719

5,865

Deferred compensation

68

70

70

70

9,329

9,264

9,195

9,135

8,928

8,736

8,873

8,720

8,494

8,444

8,203

7,544

7,635

7,305

6,971

6,290

-

-

-

10,331

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,560

-7,269

-10,500

-

9,722

-9,447

-9,114

8,386

-8,102

-7,842

-7,748

-7,103

-6,851

-6,593

-6,485

-5,838

Preferred stock, $0.01 par value; 5,000 shares authorized; no shares issued

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock, $0.01 par value; 25,000 shares authorized; 7,043 shares issued and 7,042 outstanding

75

75

70

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital

319,103

318,521

317,932

317,932

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Retained earnings

-36,457

-25,302

-11,727

3,511

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive income

-749

772

9,699

2,977

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock

68

70

70

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation

68

70

70

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total stockholders' equity

281,972

294,066

315,974

324,490

309,291

315,966

339,440

449,621

518,286

540,771

612,466

698,308

729,273

948,676

923,182

968,753

1,069,822

1,099,852

1,082,287

1,063,341

1,035,494

978,112

978,781

1,027,882

1,049,088

1,018,216

1,017,654

996,860

973,801

987,155

965,135

945,957

927,583

871,924

984,952

987,468

Total liabilities and stockholders' equity

417,402

427,458

453,597

471,955

1,071,671

1,071,493

1,076,571

1,053,903

1,102,190

1,127,299

1,223,969

1,361,252

1,429,615

1,696,791

1,663,373

1,716,355

1,791,818

1,853,987

1,829,754

1,773,292

1,734,924

1,684,967

1,679,182

1,745,674

1,637,413

1,561,656

1,639,583

1,499,799

1,463,448

1,505,107

1,485,458

1,468,649

1,474,588

1,413,231

1,530,961

1,565,659