潮水海运 2025年季度报告

Commission File Number:1-6311Tidewater Inc. (Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act:Trading Symbol(s)Name of each exchange on which registeredCommon stock, $0.001 par value per shareTDWIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section13 or 15(d) of the Securities Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for CONDENSED CONSOLIDATED BALANCE SHEETSCONDENSED CONSOLIDATED INCOME STATEMENTS CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMECONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS CONDENSED CONSOLIDATED STATEMENTS OF EQUITYNOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTSITEM2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONS ITEM4.CONTROLS AND PROCEDURESITEM1.LEGAL PROCEEDINGSITEM1A.RISK FACTORSITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDSITEM 5.OTHER INFORMATIONITEM6.EXHIBITS Cash flows from investing activities:Proceeds from asset dispositions Proceeds from sale of notes600Additions to properties and equipment(10,266)Net cash provided by (used in) investing activities(5,850) Purchase of common stock(39,275)Debt issuance costs—Share based awards reacquired to pay taxes(7,465)Net cash used in financing activities(59,240)Net change in cash, cash equivalents and restricted cash20,883Cash, cash equivalents and restricted cash at beginning of period329,031 Three MonthsThree MonthsEnded Supplemental disclosure of cash flow information:Cash paid during the period for:Interest, net of amounts capitalized$17,505$Income taxes$15,148$Supplemental disclosure of noncash investing activities: Purchase of vessels$9,098$Supplemental disclosure of noncash financing activities:Debt incurred for purchase of vessels$9,712$Cash, cash equivalents and restricted cash atMarch 31, 2025 includes $2.9million in long-term restricted cash, which is included in Three Months EndedAccumulatedAdditionalotherNon common stockAmortization of share-based awards Balance at March 31, 2025 Balance at December 31, 2023$52$1,671,759$(637,838)$5,266$(1,542)$1,037,697Total comprehensive income (loss)——47,026(57)(281)Issuance of common stock1(1)——— common stockAmortization of share-based awards Balance at March 31, 2024$53$1,646,061$(594,347)$ comprehensive income, cash flows, and changes in stockholders’ equity of Tidewater Inc., a Delaware corporation, and its consolidatedsubsidiaries, collectively referred to as the “company”, “Tidewater”, “we”, “our”, or “us”.The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with United States (U.S.) operations, financial position and cash flows for the periods presented and arenotindicative of the results thatmaybe expected for a 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 transactionshave been eliminated. We use the equity method to account for equity investments over which we exercise significant influence but donotexercise control and arenotthe primary beneficiary. (2)RECENTLY ISSUED OR ADOPTEDACCOUNTING PRONOUNCEMENTS the 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 afterDecember 15, 2023and interim periods beginning afterDecember 15, 2024.Weadopted this standard onDecember 31, 2024and we have included the required disclosures in Note12for thethreemonths endingMarch 31, 2025and2024,respectively.InDecember 2023,the FASB issued ASU2023-09,Income Taxes, which requires a greater disaggregation of information in the income disclosures in our consolidated financial statements.InNovember 2024,the FASB issued ASU2024-03,Income Statement-Reporting Comprehensive Income-Expense DisaggregationDisclosures to improve disclosures about certain types of expenses including purchases of inventory, employee compensation anddepreciation, depletion and amortization included in commonly presented captions in the Consolidation Statements of Operations. Thisguidance is effective for annual periods beginning afterDecember 15, 2026and interim periods beg