Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash and cash equivalents $ 65,703 $ 77,222
Restricted cash and restricted cash equivalents 1,119 1,222
Marketable securities 7,597 7,936
Receivables:    
Trade, net of allowance for doubtful accounts of $6,060 and $2,871 in 2020 and 2019, respectively 246,911 194,022
Trade receivables, allowance for doubtful accounts 6,060 2,871
Other 71,453 38,881
Inventories 2,933 5,255
Prepaid expenses and other 8,615 6,971
Total current assets 404,331 331,509
Property and Equipment:    
Historical cost 1,441,871 1,442,382
Accumulated depreciation (647,679) (624,024)
Net property and equipment 794,192 818,358
Operating Lease Right-of-Use Assets 117,097 144,539
Investments, at Equity, and Advances to 50% or Less Owned Companies 155,399 157,108
Goodwill 32,677 32,701
Intangible Assets, Net 20,123 20,996
Other Assets 8,285 7,761
Total Assets 1,532,104 1,512,972
Current Liabilities:    
Current portion of long-term debt 12,839 58,854
Current portion of long-term operating lease liabilities 37,599 36,011
Current portion of other long-term financial liabilities 1,491 0
Accounts payable and accrued expenses 55,816 57,595
Accrued wages and benefits 24,076 20,730
Accrued interest 861 1,030
Accrued income taxes 792 0
Accrued capital, repair and maintenance expenditures 1,051 3,213
Other current liabilities 47,829 32,528
Total current liabilities 182,354 209,961
Long-Term Debt 264,205 255,612
Long-term operating lease liabilities 79,419 108,295
Deferred Income Taxes 110,915 105,661
Deferred Gains and Other Liabilities 18,470 20,929
Total liabilities 686,687 700,458
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; 41,113,746 and 40,819,892 shares issued in 2020 and 2019, respectively $ 411 $ 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) 41,113,746 40,819,892
Additional paid-in capital $ 1,671,869 $ 1,661,002
Retained earnings 540,417 517,106
Shares held in treasury of 20,640,893 and 20,643,724 in 2020 and 2019, respectively, at cost $ (1,365,938) $ (1,365,792)
Treasury stock, shares (in shares) 20,640,893 20,643,724
Accumulated other comprehensive loss, net of tax $ (2,148) $ (998)
Stockholders' equity attributable to SEACOR Holdings Inc. 844,611 811,726
Noncontrolling interests in subsidiaries 806 788
Total equity 845,417 812,514
Liabilities and stockholders' equity, total 1,532,104 1,512,972
Other Long-term Financial Liabilities, Noncurrent $ 31,324 $ 0