Balance Sheet

v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 110,234 $ 117,309
Restricted cash 2,317 1,462
Marketable securities 0 40,139
Receivables:    
Trade, net of allowance for doubtful accounts of $4,039 and $5,359 in 2017 and 2016, respectively 45,616 44,830
Due from SEACOR Holdings 0 19,102
Other 12,341 21,316
Inventories 3,756 3,058
Prepaid expenses and other 3,026 3,349
Total current assets 177,290 250,565
Property and Equipment:    
Historical cost 1,179,836 958,759
Accumulated depreciation 560,160 540,619
Property, Plant and Equipment, Net In Service 619,676 418,140
Construction in progress 70,157 123,801
Net property and equipment 689,833 541,941
Investments, at Equity, and Advances to 50% or Less Owned Companies 92,169 138,311
Construction Reserve Funds 45,361 78,209
Other Assets 3,851 6,093
Total Assets 1,008,504 1,015,119
Current Liabilities:    
Current portion of long-term debt 22,858 20,400
Accounts payable and accrued expenses 24,024 25,969
Due to SEACOR Holdings 1,358 0
Accrued wages and benefits 5,087 4,862
Accrued income taxes 4,290 5,554
Accrued capital, repair and maintenance expenditures 19,618 8,573
Deferred revenues 10,104 6,953
Other current liabilities 11,879 8,705
Total current liabilities 99,218 81,016
Long-Term Debt 292,041 217,805
Exchange Option Liability on 3.75% Convertible Senior Notes 6,832 0
Deferred Income Taxes 55,506 124,945
Deferred Gains and Other Liabilities 31,741 41,198
Total liabilities 485,338 464,964
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; 17,675,356 and 17,671,356 shares issued in 2017 and 2016, respectively 177 177
Additional paid-in capital 303,996 306,359
Retained earnings 216,511 249,412
Accumulated other comprehensive loss, net of tax (12,493) (11,337)
Stockholders' equity attributable to SEACOR Holdings Inc. 508,191 544,611
Noncontrolling interests in subsidiaries 14,975 5,544
Total equity 523,166 550,155
Liabilities and stockholders' equity, total $ 1,008,504 $ 1,015,119

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