Annual report pursuant to Section 13 and 15(d)

GUARANTORS OF SECURITIES Supplemental Condensed Consolidating Balance Sheet (Details)

v3.3.1.900
GUARANTORS OF SECURITIES Supplemental Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Current assets:        
Cash and cash equivalents $ 14,370 $ 40,867 $ 31,335 $ 11,505
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts of $2,103 and $1,955 in 2015 and 2014, respectively 48,639 33,390    
Tax receivables 6,085 380    
Other, net of allowance for doubtful accounts of $0 and $437 in 2015 and 2014, respectively 3,305 1,682    
Inventories, net 27,994 26,869    
Deferred income taxes 0 1,996    
Prepaid expenses 1,963 2,661    
Other current assets 191 0    
Total current assets 102,547 107,845    
Property and equipment:        
Property and equipment 1,175,909 1,171,267    
Accumulated depreciation (316,693) (308,141)    
Property and equipment, net 859,216 863,126    
Equity investments and advances 28,898 31,753    
Investments in consolidated subsidiaries 0 0    
Goodwill 0 352    
Intangible assets 1,158 0    
Deferred income taxes 0      
Intercompany receivables 0 0    
Other assets 15,272 14,098    
Total assets 1,007,091 1,017,174    
Current liabilities:        
Accounts payable and accrued expenses 12,000 15,120    
Accrued wages and benefits 9,012 7,521    
Accrued interest 562 949    
Accrued income taxes 0 267    
Derivative instruments 0 1,109    
Current portion of long-term debt 3,278 27,426    
Accrued other taxes 2,520 955    
Accrued contingencies 2,410 0    
Other current liabilities 2,300 2,207    
Total current liabilities 32,082 55,554    
Long-term debt 266,438 282,118    
Deferred income taxes 229,848 217,027    
Intercompany payables 0 0    
Other liabilities 2,616 2,111    
Total liabilities 530,984 556,810    
Redeemable noncontrolling interest 4,804 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 207 204    
Additional paid-in capital 433,175 429,109    
Retained earnings 40,502 31,797    
Treasury shares, at cost, 154,549 and 18,609 shares in 2015 and 2014, respectively (2,673) (551)    
Accumulated other comprehensive income, net of tax 92 95    
Stockholders' Equity Attributable to Parent 471,303 460,654    
Noncontrolling interest in subsidiary 0 (290)    
Total equity 471,303 460,364 436,061 275,285
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 1,007,091 1,017,174    
Parent        
Current assets:        
Cash and cash equivalents 7,565 16,481 24,635 2,258
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts of $2,103 and $1,955 in 2015 and 2014, respectively 39 39    
Tax receivables 6,013 65    
Other, net of allowance for doubtful accounts of $0 and $437 in 2015 and 2014, respectively 0 0    
Inventories, net 0 0    
Deferred income taxes   4,083    
Prepaid expenses 458 424    
Other current assets 190      
Total current assets 14,265 21,092    
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 172,335 158,653    
Goodwill   0    
Intangible assets 0      
Deferred income taxes 3,823      
Intercompany receivables 515,255 558,588    
Other assets 4,906 6,914    
Total assets 710,584 745,247    
Current liabilities:        
Accounts payable and accrued expenses 386 299    
Accrued wages and benefits 0 0    
Accrued interest 549 930    
Accrued income taxes   0    
Derivative instruments   785    
Current portion of long-term debt 0 0    
Accrued other taxes 30 32    
Accrued contingencies 0      
Other current liabilities 534 524    
Total current liabilities 1,499 2,570    
Long-term debt 237,874 282,118    
Deferred income taxes 0 0    
Intercompany payables 0 0    
Other liabilities 0 0    
Total liabilities 239,373 284,688    
Redeemable noncontrolling interest 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 207 204    
Additional paid-in capital 433,175 429,109    
Retained earnings 40,502 31,797    
Treasury shares, at cost, 154,549 and 18,609 shares in 2015 and 2014, respectively (2,673) (551)    
Accumulated other comprehensive income, net of tax 0 0    
Stockholders' Equity Attributable to Parent   460,559    
Noncontrolling interest in subsidiary   0    
Total equity 471,211 460,559    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 710,584 745,247    
Guarantors        
Current assets:        
Cash and cash equivalents 3,334 22,188 5,403 8,558
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts of $2,103 and $1,955 in 2015 and 2014, respectively 40,345 33,351    
Tax receivables 72 315    
Other, net of allowance for doubtful accounts of $0 and $437 in 2015 and 2014, respectively 3,089 1,682    
Inventories, net 25,557 26,869    
Deferred income taxes   0    
Prepaid expenses 1,411 2,237    
Other current assets 1      
Total current assets 73,809 86,642    
Property and equipment:        
Property and equipment 1,159,441 1,161,330    
Accumulated depreciation (316,090) (306,010)    
Property and equipment, net 843,351 855,320    
Equity investments and advances 28,898 31,753    
Investments in consolidated subsidiaries 0 0    
Goodwill   352    
Intangible assets 0      
Deferred income taxes 0      
Intercompany receivables 0 0    
Other assets 6,999 7,184    
Total assets 953,057 981,251    
Current liabilities:        
Accounts payable and accrued expenses 9,635 14,818    
Accrued wages and benefits 6,875 7,521    
Accrued interest 13 19    
Accrued income taxes   267    
Derivative instruments   324    
Current portion of long-term debt 1,663 27,426    
Accrued other taxes 789 923    
Accrued contingencies 0      
Other current liabilities 1,311 1,683    
Total current liabilities 20,286 52,981    
Long-term debt 23,305 0    
Deferred income taxes 232,994 219,114    
Intercompany payables 501,512 549,200    
Other liabilities 1,887 2,111    
Total liabilities 779,984 823,406    
Redeemable noncontrolling interest 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 95,543 99,845    
Retained earnings 77,434 58,195    
Treasury shares, at cost, 154,549 and 18,609 shares in 2015 and 2014, respectively 0 0    
Accumulated other comprehensive income, net of tax 92 95    
Stockholders' Equity Attributable to Parent   158,135    
Noncontrolling interest in subsidiary   (290)    
Total equity 173,069 157,845    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 953,057 981,251    
Non-guarantors        
Current assets:        
Cash and cash equivalents 3,471 2,198 1,297 689
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts of $2,103 and $1,955 in 2015 and 2014, respectively 8,255 0    
Tax receivables 0 0    
Other, net of allowance for doubtful accounts of $0 and $437 in 2015 and 2014, respectively 216 0    
Inventories, net 2,437 0    
Deferred income taxes   0    
Prepaid expenses 94 0    
Other current assets 0      
Total current assets 14,473 2,198    
Property and equipment:        
Property and equipment 16,468 9,937    
Accumulated depreciation (603) (2,131)    
Property and equipment, net 15,865 7,806    
Equity investments and advances 0 0    
Investments in consolidated subsidiaries 0 0    
Goodwill   0    
Intangible assets 1,158      
Deferred income taxes 0      
Intercompany receivables 0 0    
Other assets 3,367 0    
Total assets 34,863 10,004    
Current liabilities:        
Accounts payable and accrued expenses 1,979 3    
Accrued wages and benefits 2,137 0    
Accrued interest 0 0    
Accrued income taxes   0    
Derivative instruments   0    
Current portion of long-term debt 1,615 0    
Accrued other taxes 1,701 0    
Accrued contingencies 2,410      
Other current liabilities 455 0    
Total current liabilities 10,297 3    
Long-term debt 5,259 0    
Deferred income taxes 677 0    
Intercompany payables 13,743 9,388    
Other liabilities 729 0    
Total liabilities 30,705 9,391    
Redeemable noncontrolling interest 4,800      
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 9,325 496    
Retained earnings (9,967) 117    
Treasury shares, at cost, 154,549 and 18,609 shares in 2015 and 2014, respectively 0 0    
Accumulated other comprehensive income, net of tax 0 0    
Stockholders' Equity Attributable to Parent   613    
Noncontrolling interest in subsidiary   0    
Total equity (642) 613    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity 34,863 10,004    
Eliminations        
Current assets:        
Cash and cash equivalents 0 0 $ 0 $ 0
Receivables [Abstract]        
Trade, net of allowance for doubtful accounts of $2,103 and $1,955 in 2015 and 2014, respectively 0 0    
Tax receivables 0 0    
Other, net of allowance for doubtful accounts of $0 and $437 in 2015 and 2014, respectively 0 0    
Inventories, net 0 0    
Deferred income taxes   (2,087)    
Prepaid expenses 0 0    
Other current assets 0      
Total current assets 0 (2,087)    
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 (172,335) (158,653)    
Goodwill   0    
Intangible assets 0      
Deferred income taxes (3,823)      
Intercompany receivables (515,255) (558,588)    
Other assets 0 0    
Total assets (691,413) (719,328)    
Current liabilities:        
Accounts payable and accrued expenses 0 0    
Accrued wages and benefits 0 0    
Accrued interest 0 0    
Accrued income taxes   0    
Derivative instruments   0    
Current portion of long-term debt 0 0    
Accrued other taxes 0 0    
Accrued contingencies 0      
Other current liabilities 0 0    
Total current liabilities 0 0    
Long-term debt 0 0    
Deferred income taxes (3,823) (2,087)    
Intercompany payables (515,255) (558,588)    
Other liabilities 0 0    
Total liabilities (519,078) (560,675)    
Redeemable noncontrolling interest 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) (100,341)    
Retained earnings (67,467) (58,312)    
Treasury shares, at cost, 154,549 and 18,609 shares in 2015 and 2014, respectively 0 0    
Accumulated other comprehensive income, net of tax 0 0    
Stockholders' Equity Attributable to Parent   (158,653)    
Noncontrolling interest in subsidiary   0    
Total equity (172,335) (158,653)    
Total liabilities, redeemable noncontrolling interest and stockholders’ equity $ (691,413) $ (719,328)