Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Details)

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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Mar. 31, 2020
Oct. 31, 2019
Mar. 31, 2022
Mar. 31, 2021
Income (loss):        
Net income (loss) attributable to Bristow Group Inc. $ 139,228 $ (836,414) $ (15,791) $ (56,094)
Less: PIK dividends (25,788) 0 0 (12,039)
Plus: Deemed contribution from conversion of preferred stock 0 0 0 144,986
Income (loss) available to common stockholders – basic 113,440 (836,414) (15,791) 76,853
Add: PIK dividends 25,788 0 0 12,039
Less: Changes in fair value of preferred stock derivative liability (184,140) 0 0 (15,416)
Income (loss) available to common stockholders – diluted $ (44,912) $ (836,414) $ (15,791) $ 73,476
Shares:        
Weighted average number of common shares outstanding – basic (in shares) [1] 5,641,000 35,919,000 28,533,000 24,601,000
Effect of dilutive stock options and restricted stock (in shares) 0 0 0 180,000
Preferred shares as converted basis (in shares) 24,165,000 0 0 6,895,000
Weighted average number of common shares outstanding – diluted (in shares) 29,806,000 [1] 35,919,000 [1] 28,533,000 31,676,000 [1]
Income (loss) per common share - basic (in dollars per share) [1] $ 20.11 $ (23.29) $ (0.55) $ 3.12
Income (loss) per common share - diluted (in dollars per share) [1] $ (1.51) $ (23.29) $ (0.55) $ 2.32
Outstanding shares (in shares)   3,175,849 1,573,745 135,882
Convertible Debt | 4½% Convertible Senior Notes due 2023        
Shares:        
Stated interest rate     4.50%  
[1] See Note 15 to the consolidated financial statements for details on income (loss) per share and weighted average common shares outstanding.