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)

6 Months Ended

Jun. 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 were 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 June 30, 2019 were as follows (in thousands):



	Minimum Payments
2019	$	1,077
2020	2,070
2021	1,084
2022	661
2023	637
Years subsequent to 2023	8,968
Total future minimum lease payments	14,497
Less: imputed interest	6,417
Present value of lease liabilities	$	8,080

Assets and Liabilities, Lessee



Reported balances:
Other current liabilities	$	1,693
Long-term lease liabilities	6,387
Total operating lease liabilities	$	8,080

Lease, Cost

As of June 30, 2019, other information related to these leases is as follows:



Weighted average remaining lease term	12 years
Weighted average discount rate	4.75		%
Cash paid for amounts included in the measurement of lease liabilities during the six months ended June 30, 2019 (in thousands)	$	1,024