Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 76,106 $ 77,222
Restricted cash and restricted cash equivalents 1,224 1,222
Marketable securities 7,832 7,936
Receivables:    
Trade, net of allowance for doubtful accounts of $2,898 and $2,871 in 2020 and 2019, respectively 192,350 194,022
Trade receivables, allowance for doubtful accounts 2,898 2,871
Other 67,938 38,881
Inventories 4,050 5,255
Prepaid expenses and other 5,387 6,971
Total current assets 354,887 331,509
Property and Equipment:    
Historical cost 1,441,509 1,442,382
Accumulated depreciation (639,424) (624,024)
Net property and equipment 802,085 818,358
Operating Lease Right-of-Use Assets 136,180 144,539
Investments, at Equity, and Advances to 50% or Less Owned Companies 151,568 157,108
Goodwill 32,586 32,701
Intangible Assets, Net 22,952 20,996
Other Assets 8,615 7,761
Total Assets 1,508,873 1,512,972
Current Liabilities:    
Current portion of long-term debt 44,495 58,854
Current portion of long-term operating lease liabilities 35,258 36,011
Accounts payable and accrued expenses 43,663 57,595
Other current liabilities 75,225 57,501
Total current liabilities 198,641 209,961
Long-Term Debt 254,272 255,612
Long-Term Operating Lease Liabilities 100,789 108,295
Deferred Income Taxes 123,054 105,661
Deferred Gains and Other Liabilities 19,103 20,929
Total liabilities 695,859 700,458
SEACOR Holdings Inc. stockholders’ equity:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized; none issued nor outstanding $ 0 0
Preferred stock, par value (in dollars per share) $ 0.01  
Preferred stock, shares authorized (in shares) 10,000,000  
Common stock, $0.01 par value, 60,000,000 shares authorized; 41,005,575 and 40,819,892 shares issued in 2020 and 2019, respectively $ 410 $ 408
Common stock, par value (in dollars per share) $ 0.01  
Common stock, shares authorized (in shares) 60,000,000  
Common stock, shares issued (in shares) 41,005,575 40,819,892
Additional paid-in capital $ 1,662,938 $ 1,661,002
Retained earnings 518,573 517,106
Shares held in treasury of 20,672,551 and 20,643,724 in 2020 and 2019, respectively, at cost $ (1,366,787) $ (1,365,792)
Treasury stock, shares held in treasury (in shares) 20,672,551 20,643,724
Accumulated other comprehensive loss, net of tax $ (2,909) $ (998)
Stockholders' equity attributable to parent, total 812,225 811,726
Noncontrolling interests in subsidiaries 789 788
Total equity 813,014 812,514
Liabilities and stockholders' equity, total $ 1,508,873 $ 1,512,972