TIDEWATER INC
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $601.6M | $979.1M | $1.50B | $1.44B | $1.24B | $1.07B | $1.06B | $1.17B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | $-59.4M | $69.6M | $285.9M | $296.9M | $251.7M | $167.2M | — | — |
| Gross Margin | -9.9% | 7.1% | 19.1% | 20.7% | 20.2% | 15.7% | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $145.9M | $153.8M | $189.8M | $188.0M | $175.6M | $156.6M | $145.5M | $149.9M |
| Operating Income | $-577.9M | $-69.5M | $-37.2M | $201.5M | $206.2M | $113.6M | $139.3M | $240.3M |
| Operating Margin | -96.1% | -7.1% | -2.5% | 14.0% | 16.6% | 10.6% | 13.2% | 20.6% |
| Interest Expense | — | $53.8M | $50.0M | $43.8M | $29.7M | $22.3M | $10.8M | $1.7M |
| Pretax Income | $-643.6M | $-139.6M | $-66.4M | $173.0M | $195.2M | — | — | — |
| Income Tax Expense | $6.4M | $20.8M | $-1.1M | $32.8M | $44.4M | $23.6M | $42.5M | $8.3M |
| Net Income | $-660.1M | $-160.2M | $-65.2M | $140.3M | $150.8M | $87.4M | $105.6M | $259.5M |
| Net Margin | -109.7% | -16.4% | -4.4% | 9.8% | 12.1% | 8.2% | 10.0% | 22.2% |
| EPS (Basic) | $-14.02 | $-3.41 | $-1.34 | $2.84 | $3.04 | $1.71 | $2.06 | $5.04 |
| EPS (Diluted) | $-14.02 | $-3.41 | $-1.34 | $2.82 | $3.03 | $1.70 | $2.05 | $5.02 |
| Shares Outstanding (Basic) | 47.1M | 47.0M | 48.7M | 49.4M | 49.6M | 51.2M | 51.2M | 51.4M |
| Shares Outstanding (Diluted) | 47.1M | 47.0M | 48.7M | 49.7M | 49.7M | 51.4M | 51.5M | 51.7M |
| Dividends Per Share | — | $0.75 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 |