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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 496,473 $ 530,009
Marketable securities 110,894 138,200
Receivables:    
Trade, net of allowance for doubtful accounts of $2,764 and $2,483 in 2016 and 2015, respectively 130,731 159,076
Other Receivables 31,440 27,217
Inventories 18,431 24,768
Prepaid expenses and other 9,615 8,627
Total current assets 797,584 887,897
Property and Equipment:    
Property, Plant and Equipment, Gross 2,015,205 2,123,201
Accumulated depreciation 986,048 994,181
Property, Plant and Equipment, Other, Net in Service 1,029,157 1,129,020
Construction in progress 484,472 454,605
Held for sale equipment 86,332 0
Net property and equipment 1,599,961 1,583,625
Investments, at Equity, and Advances to 50% or Less Owned Companies 334,370 331,103
Construction Reserve Funds 255,350 255,408
Goodwill 52,376 52,340
Intangible Assets, Net 25,750 26,392
Other Assets 46,496 48,654
Total assets 3,111,887 3,185,419
Current Liabilities:    
Current portion of long-term debt 35,688 35,531
Accounts payable and accrued expenses 50,660 71,952
Other current liabilities 107,811 92,677
Total current liabilities 194,159 200,160
Long-Term Debt 1,018,331 1,034,859
Exchange Option Liability on Subsidiary Convertible Senior Notes 5,747 5,611
Deferred Income Taxes 374,476 389,988
Deferred Gains and Other Liabilities 153,051 163,862
Total liabilities 1,745,764 1,794,480
SEACOR Holdings Inc. stockholders’ equity:    
Preferred stock, $.01 par value, 10,000,000 shares authorized; none issued nor outstanding 0 0
Common stock, $.01 par value, 60,000,000 shares authorized; 37,845,556 and 37,684,829 shares issued in 2016 and 2015, respectively 379 377
Additional paid-in capital 1,508,981 1,505,942
Retained earnings 1,099,434 1,126,620
Shares held in Treasury of 20,550,746 and 20,529,929 in 2016 and 2015, respectively, at cost 1,357,809 1,356,499
Accumulated Other Comprehensive Loss, Net of Tax (7,764) (5,620)
Stockholders' equity attributable to parent, total 1,243,221 1,270,820
Noncontrolling interests in subsidiaries 122,902 120,119
Total equity 1,366,123 1,390,939
Liabilities and stockholders' equity, total $ 3,111,887 $ 3,185,419
v3.4.0.3
Condensed Consolidated Statements Of Income - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Operating Revenues $ 213,928,000 $ 260,644,000
Costs and Expenses [Abstract]    
Operating 157,468,000 199,148,000
Administrative and general 35,704,000 38,887,000
Depreciation and amortization 30,989,000 31,430,000
Total costs and expenses 224,161,000 269,465,000
Gains (Losses) on Asset Dispositions and Impairments, Net 217,000 (4,846,000)
Operating Loss (10,016,000) (13,667,000)
Other Income (Expense):    
Interest income 5,593,000 4,579,000
Interest expense 11,935,000 10,512,000
Debt extinguishment gains, net 3,223,000 0
Marketable security losses, net (25,096,000) (9,121,000)
Derivative gains (losses), net 2,620,000 (2,996,000)
Foreign currency gains (losses), net 37,000 (1,993,000)
Other, net 268,000 (44,000)
Total Other Nonoperating Income (Expense) (25,290,000) (20,087,000)
Loss Before Income Tax Benefit and Equity in Earnings (Losses) of 50% or Less Owned Companies (35,306,000) (33,754,000)
Income Tax Benefit (14,831,000) (11,954,000)
Loss Before Equity in Earnings (Losses) of 50% or Less Owned Companies (20,475,000) (21,800,000)
Equity in Earnings (Losses) of 50% or Less Owned Companies, Net of Tax (49,000) 3,899,000
Net Loss (20,524,000) (17,901,000)
Net Income Attributable to Noncontrolling Interests in Subsidiaries 6,662,000 1,668,000
Net Loss attributable to SEACOR Holdings Inc. $ (27,186,000) $ (19,569,000)
Basic Loss Per Common Share of SEACOR Holdings Inc. $ (1.62) $ (1.10)
Diluted Loss Per Common Share of SEACOR Holdings Inc. $ (1.62) $ (1.10)
Weighted Average Common Shares Outstanding:    
Basic 16,817,368 17,777,725
Diluted 16,817,368 17,777,725
v3.4.0.3
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Statement of Cash Flows [Abstract]    
Net Cash Provided by Operating Activities $ 42,446 $ 71,117
Cash Flows from Investing Activities    
Purchases of property and equipment 47,436 47,430
Proceeds from disposition of property and equipment 246 7,228
Investments in and advances to 50% or less owned companies 7,953 16,734
Return of investments and advances from 50% or less owned companies 1,136 16,953
Net repayments on revolving credit line to 50% or less owned companies 3,394 0
Issuances of third party leases and notes receivable, net 2,023 3,965
Net increase in restricted cash 0 461
Net (increase) decrease in construction reserve funds (58) 10,507
Net cash used in investing activities (48,532) (46,986)
Cash Flows from Financing Activities    
Payments on long-term debt and capital lease obligations 32,647 7,396
Net repayments on inventory financing arrangements 0 (1,219)
Proceeds from issuance of long term debt, net of issue costs 12,373 4,435
Purchase of conversion option in convertible debt 1,382 0
Common stock acquired for treasury 2,396 5,245
Proceeds and tax benefits from share award plans 442 2,076
Distributions to noncontrolling interests (3,698) (7)
Net cash used in financing activities (27,308) (7,356)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (142) (2,947)
Net Increase (Decrease) in Cash and Cash Equivalents (33,536) 13,828
Cash and Cash Equivalents, Beginning of Period 530,009 434,183
Cash and Cash Equivalents, End of Period $ 496,473 $ 448,011