Transition report pursuant to Rule 13a-10 or 15d-10

EARNINGS PER SHARE (Details)

v3.22.4
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Income (loss):          
Net income (loss) attributable to Bristow Group Inc.   $ 13,528 $ (11,479) $ (15,791) $ (56,094)
Less: PIK dividends   0   0 (12,039)
Plus: Deemed contribution from conversion of preferred stock   0   0 144,986
Income (loss) available to common stockholders – basic   13,528   (15,791) 76,853
Plus: PIK dividends   0   0 12,039
Less: Changes in fair value of preferred stock derivative liability   0   0 (15,416)
Income (loss) available to common stockholders – diluted   $ 13,528   $ (15,791) $ 73,476
Shares:          
Basic (in shares)   28,066,000 [1] 28,634,000 28,533,000 [1] 24,601,000 [1]
Effect of dilutive stock options and restricted stock (in shares)   508,000   0 180,000
Preferred shares as converted basis (in shares)   0   0 6,895,000
Weighted average number of common shares outstanding – diluted (in shares)   28,574,000 28,634,000 28,533,000 [1] 31,676,000 [1]
Basic (in dollars per share)   $ 0.48 [1] $ (0.40) $ (0.55) [1] $ 3.12 [1]
Diluted (in dollars per share)   $ 0.47 [1] $ (0.40) $ (0.55) [1] $ 2.32 [1]
Outstanding shares (in shares) 1,276,783     1,573,745 135,882
[1] See Note 16 to the consolidated financial statements for details on income (loss) per share and weighted average common shares outstanding.