Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION (Tables)

v3.20.2
REVENUE RECOGNITION (Tables)
 3 Months Ended
Jun. 30, 2020
Revenue Recognition [Abstract]  
Schedule of Revenue Related to Third Party Customers
Total revenue related to third party customers is as follows (in thousands):
 
 
 
 
 
 
 
 
Successor
 
 
Predecessor
 
 
Three Months Ended  June 30, 2020
 
 
Three Months Ended  June 30, 2019
Revenue:
 
 
 
 
 
Operating revenue from non-affiliates
 
$
246,126

 
 
$
303,733

Operating revenue from affiliates
 
4,594

 
 
4,475

Reimbursable revenue from non-affiliates
 
8,685

 
 
16,600

Revenue from Contracts with Customers
 
259,405

 
 
324,808

Other revenue from non-affiliates
 
423

 
 
397

Other revenue from affiliates
 
10,365

 
 
7,971

Total Revenue
 
$
270,193

 
 
$
333,176


Schedule of Remaining Performance Obligations The table below discloses (1) the aggregate amount of the transaction price allocated to performance obligations that are unsatisfied (or partially unsatisfied) as of the end of the reporting period and (2) the expected timing to recognize this revenue (in thousands):
 
 
Remaining Performance Obligations (Successor)
 
 
Nine Months Ending March 31, 2021
 
Fiscal Year Ending March 31,
 
Total
 
 
 
2022
 
2023
 
2024
 
2025 and thereafter
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding Service Revenue:
 
 
 
 
 
 
 
 
 
 
 
 
Helicopter contracts
 
$
295,698

 
$
215,506

 
$
184,646

 
$
133,505

 
136,797

 
$
966,152

Fixed-wing contracts
 
978

 
—

 
—

 
—

 
—

 
978

Total remaining performance obligation revenue
 
$
296,676

 
$
215,506

 
$
184,646

 
$
133,505

 
136,797

 
$
967,130