Bristow Group Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

LEASES (Tables)

9 Months Ended

Sep. 30, 2019

The Company’s maturity analysis of lease payments under operating leases that had a remaining term in excess of one year as of December 31, 2018 was as follows (in thousands):



	Minimum Payments
2019	$	1,573
2020	1,530
2021	987
2022	562
2023	495
Years subsequent to 2023	7,952
Total future minimum lease payments	$	13,099

Lease Maturity Analysis - ASC 842

The Company’s maturity analysis of lease payments under operating leases that have a remaining term in excess of one year as of September 30, 2019 was as follows (in thousands):



	Minimum Payments
2019	$	547
2020	2,369
2021	1,758
2022	1,334
2023	1,298
Years subsequent to 2023	9,358
Total future minimum lease payments	16,664
Less: imputed interest	6,676
Present value of lease liabilities	$	9,988

Assets and Liabilities, Lessee



Reported balances:
Other current liabilities	$	1,822
Long-term lease liabilities	8,166
Total operating lease liabilities	$	9,988

Lease, Cost

As of September 30, 2019, other information related to these leases was as follows:



Weighted average remaining lease term	15 years
Weighted average discount rate	6.09	%
Cash paid for amounts included in the measurement of lease liabilities during the nine months ended September 30, 2019 (in thousands)	$ 1,570