Annual report pursuant to Section 13 and 15(d)

REVENUES (Tables)

v3.21.1
REVENUES (Tables)
 12 Months Ended
Mar. 31, 2021
Revenue Recognition [Abstract]  
Schedule of Revenue
The following table shows the total revenues (in thousands):
Fiscal Year Ended
March 31, 2021		 Five Months Ended
March 31, 2020		 Seven Months Ended
October 31, 2019		 Fiscal Year Ended March 31, 2019
Successor Predecessor
Revenues from contracts with customers $ 1,139,638  470,167  737,679  1,323,971 
Total other revenues 38,424  15,596  19,544  45,691 
Total revenues(1)
$ 1,178,062  $ 485,763  $ 757,223  $ 1,369,662 

(1) Revenues from affiliates included in the table above were as follows (in thousands):
Fiscal Year Ended
March 31, 2021		 Five Months Ended
March 31, 2020		 Seven Months Ended
October 31, 2019		 Fiscal Year Ended March 31, 2019
Successor Predecessor
Revenues from contracts with customers $ 12,108  $ 8,413  $ 12,015  $ 23,099 
Total other revenues 30,339  14,910  18,599  25,279 
Total revenues $ 42,447  $ 23,323  $ 30,614  $ 48,378 
The table below sets forth the operating revenues earned by service line for the applicable periods (in thousands):
Fiscal Year Ended
March 31, 2021		 Five Months Ended
March 31, 2020		 Seven Months Ended
October 31, 2019		 Fiscal Year Ended March 31, 2019
Successor Predecessor
Oil and gas:
Europe Caspian $ 391,921  $ 177,085  $ 266,477  $ 438,102 
Americas 328,489  97,670  137,781  216,427 
Africa 93,285  61,318  96,615  144,139 
Asia Pacific 11,831  5,117  22,459  100,309 
Total oil and gas 825,526  341,190  523,332  898,977 
UK SAR Services 225,328  90,574  128,436  232,722 
Fixed Wing Services 73,751  35,579  70,755  174,374 
Other 14,419  382  396  1,834 
$ 1,139,024  $ 467,725  $ 722,919  $ 1,307,907 
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 these revenues (in thousands):
  Remaining Performance Obligations (Successor)
Fiscal Year Ending March 31, Total
  2022 2023 2024 2025 2026 and thereafter
Helicopter contracts
 $ 376,531  $ 225,667  $ 185,990  $ 159,086  130,296  $ 1,077,570 
Fixed wing contracts
 555  —  —  —  —  555 
Total remaining performance obligation revenues $ 377,086  $ 225,667  $ 185,990  $ 159,086  130,296  $ 1,078,125