Bristow Group Inc (BRSW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3151 BRIARPARK DRIVE HOUSTON, TX 77042 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 4522 - Air Transportation, Nonscheduled (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2019 MRQ | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 178 | 380 | 97 | 104 | 104 | 204 | |||
| Cash and cash equivalent | 178 | 380 | 97 | 104 | 104 | 204 | |||
| Receivables | 230 | 261 | 216 | 255 | 267 | 302 | |||
| Inventory, net of allowances, customer advances and progress billings | 121 | 130 | 125 | 143 | 147 | 137 | |||
| Inventory | 121 | 130 | 125 | 143 | 147 | 137 | |||
| Deferred costs | 11 | 10 | |||||||
| Disposal group, including discontinued operation | 5 | 30 | 38 | 44 | 58 | ||||
| Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 29 | ||
| Other undisclosed current assets | 31 | 23 | 23 | 47 | 62 | 48 | |||
| Total current assets: | 566 | 834 | 508 | 593 | 638 | 722 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,834 | 2,068 | 2,254 | 2,283 | 2,157 | 2,269 | |||
| Long-term investments and receivables | 118 | 126 | 210 | 195 | 216 | 263 | |||
| Long-term investments | 118 | 126 | 210 | 195 | 216 | 263 | |||
| Intangible assets, net (including goodwill) | 18 | 20 | 20 | 30 | 94 | 75 | |||
| Goodwill | 18 | 20 | 20 | 30 | 76 | 57 | |||
| Intangible assets, net (excluding goodwill) | 18 | 18 | |||||||
| Regulated entity, other noncurrent assets | 10 | 11 | |||||||
| Deferred costs | 42 | ||||||||
| Other noncurrent assets | 116 | 117 | 122 | 171 | 144 | 89 | |||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 29 | ||
| Deferred tax assets, net | ✕ | 51 | 18 | ||||||
| Other undisclosed noncurrent assets | (121) | (77) | |||||||
| Total noncurrent assets: | 2,087 | 2,331 | 2,606 | 2,679 | 2,593 | 2,677 | |||
| TOTAL ASSETS: | 2,653 | 3,165 | 3,114 | 3,272 | 3,231 | 3,398 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 326 | 401 | 381 | 405 | 458 | 388 | |||
| Interest and dividends payable | 17 | 16 | 13 | 12 | 13 | ||||
| Taxes payable | 10 | 16 | 25 | 35 | 21 | 23 | |||
| Employee-related liabilities | 48 | 62 | 59 | 59 | 82 | 71 | |||
| Accounts payable | 100 | 101 | 98 | 97 | 84 | 90 | |||
| Accrued liabilities | 151 | 205 | 186 | 202 | 258 | 204 | |||
| Debt | 1,419 | 57 | 131 | 63 | 19 | 14 | |||
| Business combination, contingent consideration, liability | 30 | ✕ | |||||||
| Other liabilities | 39 | 66 | 47 | 48 | 83 | 46 | |||
| Deferred revenue and credits | ✕ | ✕ | 16 | 20 | 24 | 37 | 31 | ||
| Deferred tax liabilities | ✕ | 1 | 2 | 18 | 12 | ||||
| Other undisclosed current liabilities | (114) | (176) | (163) | (179) | (179) | (34) | |||
| Total current liabilities: | 1,669 | 363 | 416 | 393 | 435 | 458 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8 | 1,430 | 1,151 | 1,078 | 846 | 827 | |||
| Long-term debt, excluding current maturities | 8 | 1,430 | 1,151 | 1,078 | 846 | 827 | |||
| Liabilities, other than long-term debt | 52 | 74 | 245 | 276 | 305 | 334 | |||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 87 | ||
| Deferred tax liabilities, net | ✕ | 155 | 172 | 166 | 170 | ||||
| Liability, pension and other postretirement and postemployment benefits | 26 | 37 | 62 | 70 | 100 | ✕ | |||
| Other liabilities | 26 | 37 | 29 | 33 | 40 | 78 | |||
| Other undisclosed noncurrent liabilities | 111 | 115 | |||||||
| Total noncurrent liabilities: | 171 | 1,619 | 1,396 | 1,354 | 1,151 | 1,162 | |||
| Total liabilities: | 1,840 | 1,982 | 1,813 | 1,746 | 1,586 | 1,619 | |||
| Temporary equity, including noncontrolling interest | 7 | 15 | 26 | 22 | |||||
| Equity | |||||||||
| Equity, attributable to parent | 805 | 1,176 | 1,289 | 1,499 | 1,612 | 1,748 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (185) | (185) | (185) | (185) | (185) | (104) | |||
| Additional paid in capital | 862 | 853 | 810 | 801 | 782 | 763 | |||
| Accumulated other comprehensive loss | (328) | (286) | (328) | (290) | (270) | (157) | |||
| Retained earnings | 456 | 794 | 992 | 1,172 | 1,284 | 1,245 | |||
| Equity, attributable to noncontrolling interest | 7 | 7 | 5 | 11 | 7 | 9 | |||
| Total equity: | 812 | 1,183 | 1,294 | 1,510 | 1,619 | 1,757 | |||
| TOTAL LIABILITIES AND EQUITY: | 2,653 | 3,165 | 3,114 | 3,272 | 3,231 | 3,398 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,370 | 1,445 | 1,401 | 1,716 | 1,859 | 1,670 | ||
| Cost of revenue (Cost of Product and Service Sold) | (1,139) | (1,183) | (1,154) | (5) | (1,307) | (1,199) | ||
| Gross profit: | 230 | 262 | 246 | 1,710 | 552 | 471 | ||
| Operating expenses | (1,446) | (1,492) | (1,468) | (1,671) | (1,675) | (1,495) | ||
| Operating income (loss): | (1,216) | (1,229) | (1,222) | 39 | (1,123) | (1,024) | ||
| Nonoperating expense | (5) | (2) | (2) | (4) | (9) | (5) | ||
| Investment income, nonoperating | 3 | 1 | 1 | 4 | 2 | |||
| Loss, foreign currency transaction, before tax | (7) | (4) | ||||||
| Other nonoperating expense | (9) | (3) | (3) | (4) | (6) | (3) | ||
| Interest and debt expense | (114) | (78) | (51) | (3) | (45) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,335) | (1,309) | (1,275) | 35 | (1,135) | (1,073) | ||
| Income (loss) from equity method investments | 5 | (2) | (4) | 9 | ||||
| Other undisclosed income (loss) from continuing operations before income taxes | 998 | 1,080 | 1,126 | (112) | 1,250 | 1,310 | ||
| Income (loss) from continuing operations before income taxes: | (336) | (229) | (144) | (79) | 111 | 245 | ||
| Income tax expense (benefit) | 0 | 31 | (33) | 2 | (23) | (57) | ||
| Income (loss) from continuing operations: | (336) | (198) | (177) | (77) | 89 | 188 | ||
| Income (loss) before gain (loss) on sale of properties: | (336) | (198) | (177) | (77) | 89 | 188 | ||
| Net income (loss): | (336) | (198) | (177) | (77) | 89 | 188 | ||
| Net income (loss) attributable to noncontrolling interest | (1) | 2 | 6 | 5 | (4) | (1) | ||
| Net income (loss) attributable to parent: | (337) | (196) | (171) | (72) | 84 | 187 | ||
| Preferred stock dividends and other adjustments | (1) | |||||||
| Net income (loss) available to common stockholders, diluted: | (337) | (196) | (171) | (74) | 84 | 187 | ||
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 3/31/2019 | 3/31/2018 | 3/31/2017 | 3/31/2016 | 3/31/2015 | 3/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (336) | (198) | (177) | (77) | 89 | 188 | ||
| Other comprehensive income (loss) | (42) | 42 | (38) | (19) | (114) | 43 | ||
| Other undisclosed comprehensive income (loss) | 0 | (4) | 5 | (1) | 5 | (1) | ||
| Comprehensive income (loss): | (378) | (160) | (210) | (98) | (20) | 230 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | 7 | 1 | 6 | (10) | (0) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (379) | (153) | (209) | (92) | (30) | 230 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.