Bristow Group Inc (BRSW) Financial Statements (2024 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 thousands)Annual | Quarterly
9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | 9/30/2018 Q2 | 6/30/2018 Q1 | 3/31/2018 Q4 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 172,534 | 178,055 | 231,326 | 307,791 | 316,550 | 380,223 | |||
Cash and cash equivalents | 172,534 | 178,055 | 231,326 | 307,791 | 316,550 | 380,223 | |||
Restricted cash and investments | 3,234 | ||||||||
Receivables | 240,631 | 229,951 | 231,013 | 244,850 | 272,714 | 260,574 | |||
Inventory, net of allowances, customer advances and progress billings | 114,997 | 121,308 | 115,254 | 117,706 | 125,681 | 129,614 | |||
Inventory | 114,997 | 121,308 | 115,254 | 117,706 | 125,681 | 129,614 | |||
Disposal group, including discontinued operation | 1,675 | 5,350 | 22,485 | 24,176 | 23,502 | 30,348 | |||
Other undisclosed current assets | 29,245 | 30,849 | 35,460 | 33,574 | 36,670 | 33,640 | |||
Total current assets: | 562,316 | 565,513 | 635,538 | 728,097 | 775,117 | 834,399 | |||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 187,961 | ✕ | ✕ | ✕ | ✕ | ||||
Property, plant and equipment | 1,774,822 | 1,834,180 | 1,847,543 | 1,886,265 | 2,019,942 | 2,068,020 | |||
Long-term investments and receivables | 120,494 | 118,203 | 113,974 | 110,637 | 114,609 | 126,170 | |||
Long-term investments | 120,494 | 118,203 | 113,974 | 110,637 | 114,609 | 126,170 | |||
Intangible assets, net (including goodwill) | 18,212 | 18,436 | 18,271 | 18,778 | 19,175 | 19,907 | |||
Goodwill | 18,212 | 18,436 | 18,271 | 18,778 | 19,175 | 19,907 | |||
Intangible assets, net (excluding goodwill) | |||||||||
Regulated entity, other noncurrent assets | |||||||||
Other noncurrent assets | 104,150 | 116,267 | 116,418 | 117,027 | 118,955 | 116,506 | |||
Other undisclosed noncurrent assets | |||||||||
Total noncurrent assets: | 2,205,639 | 2,087,086 | 2,096,206 | 2,132,707 | 2,272,681 | 2,330,603 | |||
TOTAL ASSETS: | 2,767,955 | 2,652,599 | 2,731,744 | 2,860,804 | 3,047,798 | 3,165,002 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 372,776 | 325,921 | 329,568 | 368,386 | 370,957 | 410,656 | |||
Interest and dividends payable | 11,201 | 17,174 | 18,317 | 17,154 | 16,388 | 16,345 | |||
Taxes payable | 18,694 | 10,375 | 10,797 | 15,904 | 14,715 | 15,831 | |||
Employee-related liabilities | 34,834 | 48,151 | 52,073 | 51,960 | 53,979 | 67,334 | |||
Accounts payable | 85,894 | 99,573 | 91,916 | 103,510 | 100,299 | 101,270 | |||
Accrued liabilities | 222,153 | 150,648 | 156,465 | 179,858 | 185,576 | 209,876 | |||
Deferred revenue | 7,917 | ✕ | ✕ | ✕ | ✕ | ||||
Debt | 892,092 | 1,418,630 | 1,421,050 | 1,439,931 | 1,453,423 | 1,475,438 | |||
Other liabilities | 32,773 | 38,679 | 38,692 | 52,735 | 51,325 | 65,978 | |||
Other undisclosed current liabilities | (105,419) | (114,379) | (119,879) | (137,753) | (136,407) | (165,488) | |||
Total current liabilities: | 1,200,139 | 1,668,851 | 1,669,431 | 1,723,299 | 1,739,298 | 1,786,584 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 179,356 | 8,223 | 9,174 | 9,778 | 10,383 | 11,096 | |||
Long-term debt, excluding current maturities | 75,789 | 8,223 | 9,174 | 9,778 | 10,383 | 11,096 | |||
Liabilities, other than long-term debt | 114,627 | 51,955 | 56,609 | 60,123 | 62,828 | 73,986 | |||
Deferred income tax liabilities | 84,075 | ✕ | ✕ | ✕ | ✕ | ||||
Liability, pension and other postretirement and postemployment benefits | 22,472 | 25,726 | 28,036 | 28,484 | 30,526 | 37,034 | |||
Other liabilities | 8,080 | 26,229 | 28,573 | 31,639 | 32,302 | 36,952 | |||
Operating lease, liability | 103,567 | ✕ | ✕ | ✕ | ✕ | ||||
Other undisclosed noncurrent liabilities | 617,991 | 111,203 | 119,057 | 97,372 | 114,645 | 115,192 | |||
Total noncurrent liabilities: | 911,974 | 171,381 | 184,840 | 167,273 | 187,856 | 200,274 | |||
Total liabilities: | 2,112,113 | 1,840,232 | 1,854,271 | 1,890,572 | 1,927,154 | 1,986,858 | |||
Equity | |||||||||
Equity, attributable to parent | 654,159 | 805,219 | 870,236 | 963,173 | 1,113,477 | 1,170,891 | |||
Common stock | 386 | 386 | 385 | 385 | 385 | 382 | |||
Treasury stock, value | (184,796) | (184,796) | (184,796) | (184,796) | (184,796) | (184,796) | |||
Additional paid in capital | 862,844 | 862,020 | 860,745 | 858,809 | 856,826 | 852,565 | |||
Accumulated other comprehensive loss | (310,627) | (327,989) | (330,944) | (322,015) | (313,918) | (286,094) | |||
Retained earnings | 286,352 | 455,598 | 524,846 | 610,790 | 754,980 | 788,834 | |||
Equity, attributable to noncontrolling interest | 1,683 | 7,148 | 7,237 | 7,059 | 7,167 | 7,253 | |||
Total equity: | 655,842 | 812,367 | 877,473 | 970,232 | 1,120,644 | 1,178,144 | |||
TOTAL LIABILITIES AND EQUITY: | 2,767,955 | 2,652,599 | 2,731,744 | 2,860,804 | 3,047,798 | 3,165,002 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | 9/30/2018 Q2 | 6/30/2018 Q1 | 3/31/2018 Q4 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 333,176 | 319,782 | 331,329 | 350,657 | 367,894 | 358,442 | ||
Cost of revenue (Cost of Goods and Services Sold) | (257,759) | (1,129,953) | (262,039) | (9,276) | (280,051) | (1,181,322) | ||
Gross profit: | 75,417 | (810,171) | 69,290 | 341,381 | 87,843 | (822,880) | ||
Operating expenses | (353,478) | (370,247) | (347,258) | (361,739) | (366,997) | (374,236) | ||
Operating loss: | (278,061) | (1,180,418) | (277,968) | (20,358) | (279,154) | (1,197,116) | ||
Nonoperating income (expense) | (3,486) | 1,663 | (1,391) | (1,975) | (3,771) | (3,058) | ||
Investment income, nonoperating | 387 | (253) | 2,269 | 1,229 | 179 | 165 | ||
Other nonoperating income (expense) | (3,873) | 1,916 | (3,660) | (3,204) | (3,950) | (3,223) | ||
Interest and debt expense | (26,708) | (29,133) | (29,382) | (27,662) | (27,323) | (23,548) | ||
Loss from continuing operations before equity method investments, income taxes: | (308,255) | (1,207,888) | (308,741) | (49,995) | (310,248) | (1,223,722) | ||
Other undisclosed income (loss) from continuing operations before income taxes | 123,660 | 1,127,746 | 246,804 | (109,333) | 275,356 | 1,089,281 | ||
Loss from continuing operations before income taxes: | (184,595) | (80,142) | (61,937) | (159,328) | (34,892) | (134,441) | ||
Income tax expense (benefit) | 15,507 | 5,419 | (23,764) | 15,655 | 2,851 | 33,437 | ||
Loss from continuing operations: | (169,088) | (74,723) | (85,701) | (143,673) | (32,041) | (101,004) | ||
Loss before gain (loss) on sale of properties: | (169,088) | (74,723) | (85,701) | (143,673) | (32,041) | (101,004) | ||
Net loss: | (169,088) | (74,723) | (85,701) | (143,673) | (32,041) | (101,004) | ||
Net income (loss) attributable to noncontrolling interest | (158) | 118 | (243) | (517) | (67) | 103 | ||
Net loss available to common stockholders, diluted: | (169,246) | (74,605) | (85,944) | (144,190) | (32,108) | (100,901) |
Comprehensive Income ($ in thousands)Annual | Quarterly
9/30/2019 Q2 | 6/30/2019 Q1 | 3/31/2019 Q4 | 12/31/2018 Q3 | 9/30/2018 Q2 | 6/30/2018 Q1 | 3/31/2018 Q4 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (169,088) | (74,723) | (85,701) | (143,673) | (32,041) | (101,004) | ||
Other comprehensive income (loss) | 17,362 | (42,395) | (8,929) | (8,097) | (27,824) | 21,259 | ||
Other undisclosed comprehensive income (loss) | 11 | 45,307 | 52 | 32 | 139 | (3,739) | ||
Comprehensive loss: | (151,715) | (71,811) | (94,578) | (151,738) | (59,726) | (83,484) | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (169) | 161 | (295) | (549) | (206) | 3,842 | ||
Comprehensive loss, net of tax, attributable to parent: | (151,884) | (71,650) | (94,873) | (152,287) | (59,932) | (79,642) |
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.