GULFMARK OFFSHORE INC GLF Income Statement

Gulfmark offshore inc (GLF)

Income statement / TTM

Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Predecessor [Member]
Revenue
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue
-	-	-	88,398	101,422	103,438	109,284	123,719	147,687	180,534	224,508	274,806	340,339	408,357	465,261	495,769	504,217	497,333	477,316	454,604	425,057	405,122	398,658	389,205	394,078	395,989	388,016	381,870	369,832	360,533	356,404	359,766	356,568	352,853	364,727	388,871	0	0	0
Costs and expenses:
Direct operating expenses
70,973	72,287	71,649	68,849	77,172	77,057	78,605	83,165	97,140	117,333	142,347	169,837	195,671	217,392	231,170	236,244	233,985	226,956	220,584	217,422	213,444	207,021	202,515	198,187	189,689	189,014	187,076	182,585	182,511	176,137	171,887	170,638	174,517	172,296	168,770	166,183	0	0	0
Drydock expense
0	1,138	2,792	5,694	6,169	8,328	6,737	4,662	4,233	4,868	7,241	15,387	23,932	24,353	26,602	24,840	20,165	18,256	22,745	24,094	30,108	37,179	35,644	33,280	23,349	19,560	15,604	15,932	17,750	19,266	21,742	22,182	24,783	23,939	20,422	15,696	0	0	0
Drydock expense
0	1,138	2,792	0	0	0	-	-	0	0	-	-	-	-	-	-	0	0	0	-	30,108	37,179	35,644	33,280	23,349	19,560	15,604	15,932	17,750	19,266	21,742	22,182	24,783	23,939	20,422	15,696	0	0	0
Drydock expense
0	1,138	2,792	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	30,108	37,179	35,644	33,280	23,349	19,560	15,604	15,932	17,750	19,266	21,742	22,182	24,783	23,939	20,422	15,696	0	0	0
General and administrative expenses
25,065	26,140	27,699	36,221	41,759	43,256	43,306	37,663	40,198	43,437	46,104	47,280	51,615	53,321	59,203	62,728	60,223	58,724	58,066	54,527	57,316	58,183	53,434	54,600	49,804	47,274	46,188	45,495	44,798	43,175	43,721	44,029	43,462	44,782	44,891	43,700	0	0	0
Pre-petition restructuring charges
1	51	11,984	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
31,561	36,211	40,787	45,416	54,388	54,380	55,713	58,182	61,449	66,288	70,142	72,591	74,534	75,028	75,467	75,336	74,237	71,321	67,142	63,955	61,593	60,038	59,863	59,722	59,609	59,808	59,940	59,586	59,068	58,664	57,659	56,959	56,439	55,480	54,649	53,044	0	0	0
Impairment charges
-	-	-	0	0	0	46,151	162,808	162,808	314,911	268,760	152,103	152,103	7,459	0	-	0	0	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Loss on sale of assets
-	-	41	-5,207	-7,790	-7,887	-13,833	-8,564	-7,925	-7,078	-1,164	-1,160	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
(Gain) loss on sale of assets
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,741	10,772	6,853	3,177	2,018	5,191	5,085	0	-	0	0	-	5,552	0	0	0
Total costs and expenses
127,399	135,590	154,870	173,371	199,261	202,841	244,345	355,044	373,753	553,915	535,758	458,358	491,445	357,591	387,398	394,104	389,197	376,720	362,667	354,128	356,882	359,783	345,016	338,200	314,288	310,553	307,381	303,330	304,137	292,051	387,589	386,378	391,716	394,217	287,812	319,318	0	0	0
Operating loss
-52,933	-63,133	-84,225	-102,733	-97,839	-99,403	-135,061	-231,325	-226,066	-373,381	-311,250	-183,552	-151,106	50,766	77,863	101,665	115,020	120,613	114,649	100,476	68,175	45,339	53,642	51,005	79,790	85,436	80,635	78,540	65,695	68,482	-31,185	-26,612	-35,148	-41,364	76,915	69,553	0	0	0
Other income (expense):
Interest expense
10,014	10,130	13,005	28,687	35,470	40,250	43,525	33,486	35,975	37,982	37,185	36,946	33,661	31,522	30,750	29,332	29,074	26,340	24,180	23,821	21,957	21,182	20,760	23,244	23,236	24,662	25,452	22,314	22,949	22,999	22,431	21,693	20,910	20,249	20,133	20,281	0	0	0
Interest income
351	279	196	82	39	74	100	133	190	217	256	260	417	395	336	307	152	137	160	202	238	268	317	338	596	727	759	748	627	1,029	947	985	852	383	422	377	0	0	0
Gain on extinguishment of debt
-	-	-	0	0	0	25,792	35,912	36,370	36,370	10,578	458	0	0	0	-	-	-	-	-	-	-	-	-4,378	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Reorganization items
1,391	10,273	15,230	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing costs
-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency transaction gain (loss) and other
-1,181	-663	1,375	-462	455	-1,648	-2,527	-2,384	-2,980	-1,512	-459	-1,088	-1,620	-3,212	-2,604	-995	-600	661	-866	-1,289	-2,339	-1,202	-1,804	-1,779	-32	-3,374	-1,750	-2,346	-3,072	-872	-1,965	-126	-111	1,024	2,834	-1,153	0	0	0
Foreign currency loss and other
-1,181	-663	1,375	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-2,339	-1,202	-1,804	-1,779	-32	-3,374	-1,750	-2,346	-3,072	-872	-1,965	-126	-111	1,024	2,834	-1,153	0	0	0
Total other income (expense)
-12,235	-20,787	-26,664	-44,012	-60,239	-58,205	-31,447	-11,112	-2,395	-2,907	-26,810	-37,316	-34,864	-34,339	-33,018	-30,020	-29,522	-25,542	-24,886	-24,908	-24,608	-22,853	-24,695	-29,063	-26,500	-30,950	-28,373	-23,912	-25,394	-22,842	-23,449	-20,834	-20,169	-18,842	-16,877	-21,057	0	0	0
Loss before income taxes
-47,408	-66,160	-93,129	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-	-	-	-	-	-	-166,508	-	-	-	-338,060	-220,868	-185,970	16,427	44,845	71,645	85,498	95,071	89,763	75,568	43,567	22,486	28,947	21,942	53,290	54,486	52,262	54,628	40,301	45,640	-54,634	-47,446	-55,317	-60,206	60,038	48,496	0	0	0
Income tax (provision) benefit
-10,951	-16,215	-16,212	57,509	71,415	71,971	70,104	-39,458	-48,332	-35,662	-36,769	-5,633	5,352	-1,821	4,153	9,270	4,808	6,436	5,471	4,962	3,439	1,641	3,894	2,669	8,882	8,919	4,070	4,694	-4,622	-4,325	2,821	-12,701	5,927	7,543	2,133	-2,087	0	0	0
Net loss
-36,457	-49,945	-76,917	-186,494	-229,493	-229,579	-236,612	-202,979	-180,129	-340,626	-301,291	-215,235	-191,322	18,248	40,692	62,375	80,690	88,635	84,292	70,606	40,128	20,845	25,053	19,273	47,806	48,965	48,192	49,934	41,525	46,567	-57,455	-34,745	-61,244	-67,749	57,905	50,583	0	0	0
Loss per share:
Basic (in dollars per share)
-1.12	-1.36	-1.52	0.35	-0.94	-1.58	-4.93	-1.55	-0.98	-1.90	-3.66	-0.68	-7.48	-0.33	-0.21	0.30	0.92	0.54	0.63	0.98	1.23	0.38	0.11	-0.18	0.49	0.53	-0.11	0.92	0.54	0.51	-0.05	0.61	0.74	-3.55	0.84	-0.48	0.50	1.39	0.57
Diluted (in dollars per share)
-1.12	-1.36	-1.52	0.35	-0.94	-1.58	-4.93	-1.55	-0.98	-1.90	-3.66	-0.68	-7.48	-0.33	-0.21	0.30	0.92	0.54	0.63	0.98	1.23	0.38	0.11	-0.18	0.49	0.53	-0.11	0.91	0.54	0.51	-0.05	0.62	0.73	-3.55	0.84	-0.48	0.50	1.38	0.56
Weighted average shares outstanding:
Basic (in shares)
9,998	9,998	9,998	9,998	26,254	25,583	25,300	25,230	25,176	25,077	24,893	24,850	24,767	24,696	24,603	25,221	26,390	26,425	26,352	26,284	26,253	26,120	26,043	26,306	26,286	26,243	25,997	25,935	25,869	25,829	25,679	25,537	25,599	25,546	25,394	25,259	25,235	25,132	24,978
Diluted (in shares)
9,998	9,998	9,998	9,998	26,254	25,583	25,300	25,230	25,176	25,077	24,893	24,850	24,767	24,696	24,603	25,206	26,390	26,433	26,359	26,290	26,271	26,128	26,051	26,360	26,294	26,261	25,997	26,231	25,989	25,949	25,679	25,249	25,737	25,546	25,544	25,751	25,485	25,362	25,190
Cash dividends declared per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	-	0.25	-	-	-	0.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-