Annual report pursuant to Section 13 and 15(d)

GUARANTORS OF SECURITIES Supplemental Condensed Consolidating Balance Sheet (Details)

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GUARANTORS OF SECURITIES Supplemental Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current assets:        
Cash and cash equivalents $ 13,583 $ 26,950 $ 14,370 $ 40,867
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts 38,964 32,470    
Tax receivables 2,829 3,461    
Other 1,623 2,716    
Inventories, net 21,112 25,417    
Prepaid expenses 1,203 1,579    
Other current assets 3,250 3,777    
Total current assets 82,564 96,370    
Property and equipment:        
Property and equipment 972,942 1,154,028    
Accumulated depreciation (299,028) (332,219)    
Property and equipment, net 673,914 821,809    
Equity investments and advances 30,056 29,266    
Investments in consolidated subsidiaries 0 0    
Intangible assets 1,122 1,137    
Deferred income taxes 0 0    
Intercompany receivables 0 0    
Other assets 4,441 6,591    
Total assets 792,097 955,173    
Current liabilities:        
Accounts payable and accrued expenses 16,421 8,876    
Accrued wages and benefits 8,264 8,507    
Accrued interest 606 529    
Accrued income taxes 28 666    
Current portion of long-term debt 2,736 2,139    
Accrued other taxes 1,810 1,447    
Accrued contingencies 859 1,237    
Other current liabilities 1,720 2,222    
Total current liabilities 32,444 25,623    
Long-term debt 202,174 230,139    
Deferred income taxes 106,598 225,472    
Intercompany payables 0 0    
Other liabilities 1,434 1,301    
Total liabilities 342,650 482,535    
Redeemable noncontrolling interest 3,766 4,221    
Era Group Inc. stockholders’ equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 20,495,694 outstanding, exclusive of treasury shares 215 211    
Additional paid-in capital 443,944 438,489    
Retained earnings 4,363 32,524    
Treasury shares, at cost, 215,141 and 173,350 shares in 2017 and 2016, respectively (2,951) (2,899)    
Accumulated other comprehensive income, net of tax 110 92    
Total equity 445,681 468,417 471,303 460,364
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 792,097 955,173    
Parent        
Current assets:        
Cash and cash equivalents 10,800 25,474 7,565 16,481
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts 0 39    
Tax receivables 0 9    
Other 0 0    
Inventories, net 0 0    
Prepaid expenses 349 359    
Other current assets 0 0    
Total current assets 11,149 25,881    
Property and equipment:        
Property and equipment 0 0    
Accumulated depreciation 0 0    
Property and equipment, net 0 0    
Equity investments and advances 0 0    
Investments in consolidated subsidiaries 161,350 174,830    
Intangible assets 0 0    
Deferred income taxes 19,600 12,262    
Intercompany receivables 426,806 460,623    
Other assets 1,011 1,820    
Total assets 619,916 675,416    
Current liabilities:        
Accounts payable and accrued expenses 638 322    
Accrued wages and benefits 0 0    
Accrued interest 549 529    
Accrued income taxes 0 0    
Current portion of long-term debt 0 0    
Accrued other taxes 18 29    
Accrued contingencies 0 0    
Other current liabilities 848 481    
Total current liabilities 2,053 1,361    
Long-term debt 172,292 205,730    
Deferred income taxes 0 0    
Intercompany payables 0 0    
Other liabilities 0 0    
Total liabilities 174,345 207,091    
Redeemable noncontrolling interest 0 0    
Era Group Inc. stockholders’ equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 20,495,694 outstanding, exclusive of treasury shares 215 211    
Additional paid-in capital 443,944 438,489    
Retained earnings 4,363 32,524    
Treasury shares, at cost, 215,141 and 173,350 shares in 2017 and 2016, respectively (2,951) (2,899)    
Accumulated other comprehensive income, net of tax 0 0    
Total equity 445,571 468,325    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 619,916 675,416    
Guarantors        
Current assets:        
Cash and cash equivalents 0 0 3,334 22,188
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts 33,092 26,118    
Tax receivables 0 4    
Other 1,126 1,658    
Inventories, net 20,746 25,156    
Prepaid expenses 721 976    
Other current assets 3,250 3,777    
Total current assets 58,935 57,689    
Property and equipment:        
Property and equipment 956,918 1,138,020    
Accumulated depreciation (296,573) (330,735)    
Property and equipment, net 660,345 807,285    
Equity investments and advances 30,056 29,266    
Investments in consolidated subsidiaries 0 0    
Intangible assets 0 0    
Deferred income taxes 0 0    
Intercompany receivables 0 0    
Other assets 3,370 4,723    
Total assets 752,706 898,963    
Current liabilities:        
Accounts payable and accrued expenses 13,655 6,273    
Accrued wages and benefits 6,804 6,446    
Accrued interest 57 0    
Accrued income taxes 24 653    
Current portion of long-term debt 1,663 1,524    
Accrued other taxes 1,192 645    
Accrued contingencies 0 0    
Other current liabilities 835 1,525    
Total current liabilities 24,230 17,066    
Long-term debt 27,979 21,642    
Deferred income taxes 124,948 237,067    
Intercompany payables 381,660 426,410    
Other liabilities 1,435 1,301    
Total liabilities 560,252 703,486    
Redeemable noncontrolling interest 4 4    
Era Group Inc. stockholders’ equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 20,495,694 outstanding, exclusive of treasury shares 0 0    
Additional paid-in capital 100,306 100,306    
Retained earnings 92,034 95,075    
Treasury shares, at cost, 215,141 and 173,350 shares in 2017 and 2016, respectively 0 0    
Accumulated other comprehensive income, net of tax 110 92    
Total equity 192,450 195,473    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 752,706 898,963    
Non-guarantors        
Current assets:        
Cash and cash equivalents 2,783 1,476 3,471 2,198
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts 5,872 6,313    
Tax receivables 2,829 3,448    
Other 497 1,058    
Inventories, net 366 261    
Prepaid expenses 133 244    
Other current assets 0 0    
Total current assets 12,480 12,800    
Property and equipment:        
Property and equipment 16,024 16,008    
Accumulated depreciation (2,455) (1,484)    
Property and equipment, net 13,569 14,524    
Equity investments and advances 0 0    
Investments in consolidated subsidiaries 0 0    
Intangible assets 1,122 1,137    
Deferred income taxes 0 0    
Intercompany receivables 0 0    
Other assets 60 48    
Total assets 27,231 28,509    
Current liabilities:        
Accounts payable and accrued expenses 2,128 2,281    
Accrued wages and benefits 1,460 2,061    
Accrued interest 0 0    
Accrued income taxes 4 13    
Current portion of long-term debt 1,073 615    
Accrued other taxes 600 773    
Accrued contingencies 859 1,237    
Other current liabilities 37 216    
Total current liabilities 6,161 7,196    
Long-term debt 1,903 2,767    
Deferred income taxes 1,250 667    
Intercompany payables 45,146 34,213    
Other liabilities (1) 0    
Total liabilities 54,459 44,843    
Redeemable noncontrolling interest 3,762 4,217    
Era Group Inc. stockholders’ equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 20,495,694 outstanding, exclusive of treasury shares 0 0    
Additional paid-in capital 4,562 4,562    
Retained earnings (35,552) (25,113)    
Treasury shares, at cost, 215,141 and 173,350 shares in 2017 and 2016, respectively 0 0    
Accumulated other comprehensive income, net of tax 0 0    
Total equity (30,990) (20,551)    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 27,231 28,509    
Eliminations        
Current assets:        
Cash and cash equivalents 0 0 $ 0 $ 0
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts 0 0    
Tax receivables 0 0    
Other 0 0    
Inventories, net 0 0    
Prepaid expenses 0 0    
Other current assets 0 0    
Total current assets 0 0    
Property and equipment:        
Property and equipment 0 0    
Accumulated depreciation 0 0    
Property and equipment, net 0 0    
Equity investments and advances 0 0    
Investments in consolidated subsidiaries (161,350) (174,830)    
Intangible assets 0 0    
Deferred income taxes (19,600) (12,262)    
Intercompany receivables (426,806) (460,623)    
Other assets 0 0    
Total assets (607,756) (647,715)    
Current liabilities:        
Accounts payable and accrued expenses 0 0    
Accrued wages and benefits 0 0    
Accrued interest 0 0    
Accrued income taxes 0 0    
Current portion of long-term debt 0 0    
Accrued other taxes 0 0    
Accrued contingencies 0 0    
Other current liabilities 0 0    
Total current liabilities 0 0    
Long-term debt 0 0    
Deferred income taxes (19,600) (12,262)    
Intercompany payables (426,806) (460,623)    
Other liabilities 0 0    
Total liabilities (446,406) (472,885)    
Redeemable noncontrolling interest 0 0    
Era Group Inc. stockholders’ equity:        
Common stock, $0.01 par value, 60,000,000 shares authorized; 20,495,694 outstanding, exclusive of treasury shares 0 0    
Additional paid-in capital (104,868) (104,868)    
Retained earnings (56,482) (69,962)    
Treasury shares, at cost, 215,141 and 173,350 shares in 2017 and 2016, respectively 0 0    
Accumulated other comprehensive income, net of tax 0 0    
Total equity (161,350) (174,830)    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ (607,756) $ (647,715)