v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
Current assets:    
Cash and cash equivalents $ 199,485 $ 263,769
Restricted cash 1,818 2,245
Accounts receivable, net of allowance for doubtful accounts of $1,840 and $1,887 as of September 30, 2022 and March 31, 2022, respectively 204,762 203,771
Inventories 79,430 81,674
Prepaid expenses and other current assets 38,961 28,426
Total current assets 524,456 579,885
Property and equipment, net of accumulated depreciation of $164,577 and $149,532 as of September 30, 2022 and March 31, 2022, respectively 867,521 942,608
Investment in unconsolidated affiliates 17,000 17,585
Right-of-use assets 228,799 193,505
Other assets 125,564 90,696
Total assets 1,763,340 1,824,279
Current liabilities:    
Accounts payable 73,371 63,497
Accrued wages, benefits and related taxes 40,109 53,424
Income taxes payable and other accrued taxes 11,902 13,410
Deferred revenue 13,815 15,161
Accrued maintenance and repairs 51,513 38,354
Current portion of operating lease liabilities 72,886 69,866
Accrued interest and other accrued liabilities 19,995 21,284
Short-term borrowings and current maturities of long-term debt 10,817 12,759
Total current liabilities 294,408 287,755
Long-term debt, less current maturities 492,868 512,909
Accrued pension liabilities 6,484 18,170
Other liabilities and deferred credits 4,864 4,825
Deferred taxes 37,371 39,811
Long-term operating lease liabilities 158,511 125,441
Total liabilities 994,506 988,911
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Common stock, $0.01 par value, 110,000 authorized; 28,016 and 28,287 outstanding as of September 30, 2022 and March 31, 2022, respectively 306 303
Additional paid-in capital 706,657 699,401
Retained earnings 231,725 211,220
Treasury stock, at cost; 2,456 and 1,983 shares as of September 30, 2022 and March 31, 2022, respectively (63,009) (51,659)
Accumulated other comprehensive loss (106,447) (23,450)
Total Bristow Group Inc. stockholders’ equity 769,232 835,815
Noncontrolling interests (398) (447)
Total stockholders’ equity 768,834 835,368
Total liabilities and stockholders’ equity $ 1,763,340 $ 1,824,279

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