Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

v3.3.1.900
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Series A Convertible Preferred Stock
Class B Common Stock
Common Stock
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Shares Held In Treasury
Accumulated Other Comprehensive Income (Loss)
Non - controlling Interest in Subsidiary
Beginning Balance at Dec. 31, 2012 $ 275,285 $ 144,232 $ 245 $ 0 $ 278,838 $ (4,025) $ 0 $ 20 $ 207
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Accretion of redemption value on Series A preferred stock (721) 721     (721)        
Preferred stock dividend   (4,953)              
Recapitalization of Era Group by SEACOR 140,000 (140,000) (245) 199 140,046        
Issuance of Era Group stock options in settlement of SEACOR stock options 706       706        
Restricted stock grants       3 (3)        
Proceeds and tax benefits from share award plans 527       527        
Share award amortization 1,815       1,815        
Cancellation of restricted stock (11)       102   (113)    
Net income (loss) 18,304         18,705     (401)
Currency translation adjustments, net of tax 156             156  
Ending Balance at Dec. 31, 2013 436,061 0 0 202 421,310 14,680 (113) 176 (194)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Accretion of redemption value on Series A preferred stock 0                
Restricted stock grants       2 (2)        
Proceeds and tax benefits from share award plans 313       313        
Share award amortization 5,769       5,769        
Cancellation of restricted stock (177)       261   (438)    
Net income (loss) 17,021         17,117     (96)
Currency translation adjustments, net of tax (81)             (81)  
Exercise of stock options 320       320        
Employee Stock Purchase Plan 1,138       1,138        
Ending Balance at Dec. 31, 2014 460,364 0 0 204 429,109 31,797 (551) 95 (290)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Accretion of redemption value on Series A preferred stock 0                
Restricted stock grants       2 (2)        
Proceeds and tax benefits from share award plans (127)       (127)        
Share award amortization 3,723       3,723        
Cancellation of restricted stock 0       43   (43)    
Net income (loss) 8,329         8,705     (376)
Currency translation adjustments, net of tax (3)             (3)  
Employee Stock Purchase Plan 1,096     1 1,095        
Purchase of treasury shares (2,079)           (2,079)    
Acquisition of subsidiary with noncontrolling interest         (666)       666
Ending Balance at Dec. 31, 2015 $ 471,303 $ 0 $ 0 $ 207 $ 433,175 $ 40,502 $ (2,673) $ 92 $ 0