Annual report pursuant to Section 13 and 15(d)

Note 8 - Income Taxes (Tables)

v3.19.1
Note 8 - Income Taxes (Tables)
12 Months Ended
Dec. 31, 2018
Notes Tables  
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]
   
2018
   
2017
   
2016
 
United States
  $
(72,540
)   $
(90,696
)
  $
(169,523
)
Foreign
   
(28,226
)    
(45,112
)
   
(28,095
)
Eliminations
   
8,782
     
18,785
     
7,313
 
    $
(91,984
)   $
(117,023
)
  $
(190,305
)
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]
   
201
8
   
201
7
   
201
6
 
Current:
                       
Federal
  $
5,987
    $
(16,705
)
  $
(20,718
)
State
   
3
     
(42
)
   
(139
)
Foreign
   
3,400
     
3,347
     
5,436
 
     
9,390
     
(13,400
)
   
(15,421
)
Deferred:
                       
Federal
   
(21,466
)    
(60,750
)
   
(47,692
)
State
   
(1,404
)    
(172
)
   
(446
)
Foreign
   
133
     
(84
)
   
90
 
     
(22,737
)    
(61,006
)
   
(48,048
)
    $
(13,347
)   $
(74,406
)
  $
(63,469
)
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]
   
2018
   
2017
   
2016
 
Statutory rate
   
(21.0
)%    
(35.0
)%
   
(35.0
)%
U.S. federal income tax law changes
   
 %    
(37.3
)%
   
 %
SEACOR Holdings share awards to Company personnel
   
0.2
 %    
2.3
 %
   
0.4
 %
Non-deductible expenses
   
 %    
1.8
 %
   
0.1
 %
Exclusion of foreign subsidiaries with accumulated losses and withholding tax
   
9.3
 %    
2.7
 %
   
1.1
 %
Noncontrolling interests
   
(1.5
)%    
1.7
 %
   
0.2
 %
State taxes
   
(1.5
)%    
(0.2
)%
   
(0.3
)%
Other
   
0.0
 %    
0.4
 %
   
0.1
 %
     
(14.5
)%    
(63.6
)%
   
(33.4
)%
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
   
2018
   
2017
 
Deferred tax liabilities:
               
Property and equipment
  $
65,880
    $
55,262
 
Investments in 50% or Less Owned Companies
   
3,040
     
4,258
 
Other
   
7,789
     
5,901
 
Total deferred tax liabilities
   
76,709
     
65,421
 
Deferred tax assets:
               
Federal Net Operating Loss Carryforwards
   
20,974
     
5,111
 
Other
   
11,677
     
5,373
 
     
32,651
     
10,484
 
Valuation Allowance
   
(624
)    
(569
)
Total deferred tax assets
   
32,027
     
9,915
 
Net deferred tax liabilities
  $
44,682
    $
55,506