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
Mar. 31, 2023
Mar. 31, 2022
Revenues:    
Revenue $ 302,022 $ 287,399
Costs and expenses:    
General and administrative expenses 46,730 41,644
Merger and integration costs 439 824
Restructuring costs 0 2,113
Depreciation and amortization expense 17,445 16,919
Total costs and expenses 300,329 290,905
Gain (loss) on disposal of assets 3,256 (41)
Earnings (losses) from unconsolidated affiliates 1,037 (325)
Operating income (loss) 5,986 (3,872)
Interest income 1,129 17
Interest expense, net (10,264) (10,241)
Reorganization items, net (44) (43)
Other, net (3,426) 13,023
Total other income (expense), net (12,605) 2,756
Loss before income taxes (6,619) (1,116)
Income tax benefit (expense) 5,094 (3,260)
Net loss (1,525) (4,376)
Net loss attributable to noncontrolling interests 3 63
Net loss attributable to Bristow Group Inc. $ (1,522) $ (4,313)
Losses per common share:    
Basic (in dollars per share) $ (0.05) $ (0.15)
Diluted (in dollars per share) $ (0.05) $ (0.15)
Weighted average shares of common stock outstanding:    
Basic (in shares) 27,983 28,222
Diluted (in shares) 27,983 28,222
Service    
Revenues:    
Revenue $ 292,931 $ 275,582
Costs and expenses:    
Operating expenses 226,724 217,711
Reimbursable revenues    
Revenues:    
Revenue 9,091 11,817
Costs and expenses:    
Operating expenses $ 8,991 $ 11,694