Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Loss

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Consolidated Statements of Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating Revenues $ 253,609 $ 173,783 $ 215,636
Costs and Expenses:      
Operating 186,566 159,599 166,925
Administrative and general 52,813 56,217 49,308
Depreciation and amortization 72,246 62,779 58,069
311,625 278,595 274,302
Losses on Asset Dispositions and Impairments, Net (8,747) (23,547) (116,222)
Operating Loss (66,763) (128,359) (174,888)
Other Income (Expense):      
Interest income 1,234 1,805 4,458
Interest expense (27,869) (16,532) (10,008)
SEACOR Holdings management fees (3,208) (7,700)
SEACOR Holdings guarantee fees (29) (201) (315)
Loss on Debt Extinguishment (638)
Marketable security gains (losses), net 10,931 (45)
Derivative gains, net 2,854 20,256 2,995
Foreign currency losses, net (1,447) (1,709) (3,312)
Other, net 674 (6) (1,490)
(25,221) 11,336 (15,417)
Loss Before Income Tax Benefit and Equity in Earnings (Losses) of 50% or Less Owned Companies (91,984) (117,023) (190,305)
Current 9,390 (13,400) (15,421)
Deferred income tax benefit (22,737) (61,006) (48,048)
(13,347) (74,406) (63,469)
Loss Before Equity in (Losses) Earnings of 50% or Less Owned Companies (78,637) (42,617) (126,836)
Equity in (Losses) Earnings of 50% or Less Owned Companies, Net of Tax (3,415) 4,077 (6,314)
Net Loss (82,052) (38,540) (133,150)
Net Loss attributable to Noncontrolling Interests in Subsidiaries (4,444) (5,639) (1,103)
Net Loss attributable to SEACOR Marine Holdings Inc. $ (77,608) $ (32,901) $ (132,047)
Basic and Diluted Loss Per Common Share of SEACOR Marine Holdings Inc. (in dollars per share) $ (3.71) $ (1.87) $ (7.47)
Basic and Diluted Weighted Average Common Shares Outstanding: (in shares) 20,926,307 17,601,244 17,671,356