Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Revenue:    
Revenue $ 301,737 $ 300,602
Costs and expenses:    
General and administrative expenses 40,159 37,483
Merger and integration costs 368 1,735
Restructuring costs 0 851
Depreciation and amortization expense 16,536 23,195
Total costs and expenses 288,851 289,881
Loss on impairment (5,187) (21,934)
Gain (loss) on disposal of assets (2,101) 499
Earnings (losses) from unconsolidated affiliates, net 115 (1,517)
Operating income (loss) 5,713 (12,231)
Interest income 74 66
Interest expense (10,242) (10,624)
Reorganization items, net (49) (446)
Loss on sale of subsidiaries 0 (2,002)
Other, net 16,750 6,184
Total other income (expense), net 6,533 (6,822)
Income (loss) before income taxes 12,246 (19,053)
Income tax benefit (expense) (8,231) 4,842
Net income (loss) 4,015 (14,211)
Net (income) loss attributable to noncontrolling interests (28) 14
Net income (loss) attributable to Bristow Group Inc. $ 3,987 $ (14,197)
Income (loss) per common stock:    
Basic (in dollars per share) $ 0.14 $ (0.50)
Diluted (in dollars per share) $ 0.14 $ (0.50)
Weighted average common stock outstanding:    
Basic (in shares) 28,269 28,669
Diluted (in shares) 28,912 28,669
Service    
Revenue:    
Revenue $ 294,148 $ 288,351
Costs and expenses:    
Operating expenses 224,501 214,503
Reimbursable revenues    
Revenue:    
Revenue 7,589 12,251
Costs and expenses:    
Operating expenses $ 7,287 $ 12,114