Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' INVESTMENT AND MEZZANINE EQUITY

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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' INVESTMENT AND MEZZANINE EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Noncontrolling Interests
Redeemable Noncontrolling Interests And Mezzanine equity preferred stock              
Sale of subsidiaries $ 5,612           $ 5,612
Beginning balance at Mar. 31, 2019 812,367 $ 386 $ 862,020 $ 455,598 $ (327,989) $ (184,796) 7,148
Beginning balance (in shares) at Mar. 31, 2019   35,919          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Beneficial conversion feature on DIP Loan 56,870   56,870        
Issuance of common stock 1,871   1,871        
Currency translation adjustments 52           52
Distributions paid to noncontrolling interests (1,323)           (1,323)
Net income (loss) (836,206)     (836,414)     208
Other comprehensive income (loss) 22,322       22,322    
Cancellation of Predecessor equity (49,868) $ (386) (920,761) 380,816 305,667 184,796  
Cancellation of Predecessor equity (in shares)   (35,919)          
Ending balance at Oct. 31, 2019 473 $ 0 0 0 0 0 473
Ending balance (in shares) at Oct. 31, 2019   0          
Ending balance, Redeemable Noncontrolling Interests at Nov. 01, 2019 0            
Ending balance, Mezzanine Equity Preferred Stock at Nov. 01, 2019 618,921            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of Successor common and preferred stock (in shares)   11,236          
Issuance of Successor common and preferred stock 294,671 $ 1 294,670 0 0 0 0
Ending balance at Nov. 01, 2019 294,566 $ 1 294,670 0 0 0 (105)
Ending balance (in shares) at Nov. 01, 2019   11,236          
Redeemable Noncontrolling Interests And Mezzanine equity preferred stock              
Issuance of stock 1,186            
Initial reclassification of embedded derivative to long-term liability (470,322)            
Ending balance, Redeemable Noncontrolling Interests at Mar. 31, 2020 0            
Ending balance, Mezzanine Equity Preferred Stock at Mar. 31, 2020 149,785            
Beginning balance at Oct. 31, 2019 473 $ 0 0 0 0 0 473
Beginning balance (in shares) at Oct. 31, 2019   0          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock 1,227   1,227        
Currency translation adjustments (12)           (12)
Net income (loss) 139,076     139,228     (152)
Other comprehensive income (loss) (8,641)       (8,641)    
Ending balance at Mar. 31, 2020 426,216 $ 1 295,897 139,228 (8,641) 0 (269)
Ending balance (in shares) at Mar. 31, 2020   11,236          
Redeemable Noncontrolling Interests And Mezzanine equity preferred stock              
Share repurchases (2,151)            
Preferred stock share conversion (146,448)            
Preferred stock compensation activity and conversion (1,186)            
Era purchase price adjustment 1,501            
Net income (loss) 71            
Ending balance, Redeemable Noncontrolling Interests at Mar. 31, 2021 1,572            
Ending balance, Mezzanine Equity Preferred Stock at Mar. 31, 2021 0            
Redeemable Noncontrolling Interests And Mezzanine equity preferred stock              
Share repurchases (in shares)   (143)          
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share repurchases 1,263     1,263      
Preferred stock share conversion (in shares)   34,837          
Preferred stock share conversion 413,296 $ 4 270,678 142,614      
Elimination of Old Bristow stock 0 $ (5) 5        
Elimination of Old Bristow stock (in shares)   (45,930)          
Exchange of common stock 0 $ 231 (231)        
Exchange of common stock (in shares)   23,027          
Era purchase price 108,340 $ 72 108,268        
Era purchase price (in shares)   7,175          
Preferred stock compensation activity and conversion 6,370   6,370        
Issuance of common stock (in shares)   1          
Share award amortization 6,333   6,333        
Purchase of treasury shares (in shares)   (467)          
Purchase of treasury shares (10,501)         (10,501)  
Era purchase price adjustment 395   395        
Purchase of Company common stock (tax withholding) (in shares)   (42)          
Currency translation adjustments (11)           (11)
Net income (loss) (56,285)            
Net income (loss) (56,356)     (56,094)     (262)
Other comprehensive income (loss) 1,726       1,726    
Ending balance at Mar. 31, 2021 $ 897,071 $ 303 687,715 227,011 (6,915) (10,501) (542)
Ending balance (in shares) at Mar. 31, 2021 29,694 29,694          
Redeemable Noncontrolling Interests And Mezzanine equity preferred stock              
Sale of subsidiaries $ 1,572            
Ending balance, Redeemable Noncontrolling Interests at Mar. 31, 2022 0            
Ending balance, Mezzanine Equity Preferred Stock at Mar. 31, 2022 0            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Share award amortization 11,686 $ 110 11,686        
Purchase of treasury shares (in shares)   (1,517)          
Purchase of treasury shares (41,158)         (41,158)  
Currency translation adjustments 17           17
Net income (loss) (15,713)     (15,791)     78
Other comprehensive income (loss) (16,535)       (16,535)    
Ending balance at Mar. 31, 2022 $ 835,368 $ 303 $ 699,401 $ 211,220 $ (23,450) $ (51,659) $ (447)
Ending balance (in shares) at Mar. 31, 2022 28,287 28,287