潮水海运 2025年季度报告

For the quarterly period endedMarch 31, 2025 Tidewater Inc. (Exact name of registrant as specified in its charter) 72-0487776(I.R.S. Employer Identification No.) (713)470-5300Registrant’s telephone number, including area code Not Applicable (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ 49,476,301shares of Tidewater Inc. common stock $0.001 par value per share were outstanding on April 30, 2025. Table of Contents PART I ITEM1.FINANCIAL STATEMENTSCONDENSED CONSOLIDATED BALANCE SHEETSCONDENSED CONSOLIDATED INCOME STATEMENTS CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWSCONDENSED CONSOLIDATED STATEMENTS OF EQUITY NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTSITEM2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONSITEM3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKITEM4.CONTROLS AND PROCEDURES PART II ITEM1.LEGAL PROCEEDINGSITEM1A.RISK FACTORSITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDSITEM 5.OTHER INFORMATIONITEM6.EXHIBITS TIDEWATER INC.CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)(In Thousands, except share and par value data) (1)INTERIM FINANCIAL STATEMENTS The accompanying unaudited condensed consolidated financial statements reflect the financial position, results of operations,comprehensive income, cash flows, and changes in stockholders’ equity of Tidewater Inc., a Delaware corporation, and its consolidated The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with United States (U.S.)generally accepted accounting principles (GAAP) for interim financial information andpursuant to the rules and regulations of theSecurities and Exchange Commission (SEC) for interim financial information. Accordingly, certain information and disclosuresnormally included in our annual financial statements have been condensed or omitted. These unaudited condensed consolidatedfinancial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Our financial statements have been prepared on a consolidated basis. Under this basis of presentation, our financial statementsconsolidate all subsidiaries(entities in which we have a controlling financial interest), and all intercompany accounts and transactions Certain prior year amounts have been reclassified to conform to the current year presentation.Unless otherwise specified, all per shareinformation included in this document is on a diluted basis. (2)RECENTLY ISSUED OR ADOPTEDACCOUNTING PRONOUNCEMENTS InNovember 2023,the FASBissuedAccounting Standards Update (ASU)2023-07,Segment Reporting, which requires disclosure ofincremental segment information on an annual and interim basis including significant segment expenses that are regularly provided tothe chief operating decision maker (CODM) and an explanation of how the CODM uses the reported measures of segment profit or lossin assessing segment performance and deciding how to allocate resources. This guidance is effective for annual periods beginning after InDecember 2023,the FASB issued ASU2023-09,Income Taxes, which requires a greater disaggregation of information in the incometax rate reconciliation and income taxes paid by jurisdiction to improve the transparency of the income tax disclosures. This guidance iseffective for annual periods beginning afterDecember 15, 2024.We are currently evaluating the effect of the standard on our InNovember 2024,the FASB issued ASU2024-03,Income Statement-Reporting Comprehensive Income-Expense DisaggregationDisclosures to improve disclosures about certa