Financial Statements for GulfMark Offshore, Inc.

Search Images Videos Maps News Shopping Gmail More »

Help | Sign in

Recent Quotes

You have no recent quotes

chg | %

GulfMark Offshore, Inc. financials

Watch this stock

Income Statement

Balance Sheet

Cash Flow

View: Quarterly Data | Annual Data

Hide charts

In Millions of USD (except for per share items)	3 months ending 2012-06-30	3 months ending 2012-03-31	3 months ending 2011-12-31	3 months ending 2011-09-30	3 months ending 2011-06-30
Revenue	104.88	87.44	99.89	103.78	96.91
Other Revenue, Total	-	-	-	-	-
Total Revenue	104.88	87.44	99.89	103.78	96.91
Cost of Revenue, Total	56.48	55.01	43.26	53.83	50.59
Gross Profit	48.40	32.43	56.64	49.95	46.32
Selling/General/Admin. Expenses, Total	12.00	12.12	11.30	11.86	10.91
Research & Development	-	-	-	-	-
Depreciation/Amortization	14.85	15.03	15.03	14.90	14.98
Interest Expense(Income) - Net Operating	-	-	-	-	-
Unusual Expense (Income)	-1.97	0.78	-0.28	0.00	0.00
Other Operating Expenses, Total	-	-	-	-	-
Total Operating Expense	81.37	82.93	69.31	80.58	76.48
Operating Income	23.52	4.50	30.58	23.19	20.43
Interest Income(Expense), Net Non-Operating	-	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-
Other, Net	-	-	-	-	-
Income Before Tax	17.21	-3.75	26.19	14.83	14.99
Income After Tax	14.06	-2.91	23.64	14.16	13.29
Minority Interest	-	-	-	-	-
Equity In Affiliates	-	-	-	-	-
Net Income Before Extra. Items	14.06	-2.91	23.64	14.16	13.29
Accounting Change	-	-	-	-	-
Discontinued Operations	-	-	-	-	-
Extraordinary Item	-	-	-	-	-
Net Income	14.06	-2.91	23.64	14.16	13.29
Preferred Dividends	-	-	-	-	-
Income Available to Common Excl. Extra Items	14.06	-2.91	23.44	14.06	13.12
Income Available to Common Incl. Extra Items	14.06	-2.91	23.44	14.06	13.12
Basic Weighted Average Shares	-	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-	-
Dilution Adjustment	-	0.00	0.00	0.00	0.00
Diluted Weighted Average Shares	26.26	26.00	26.04	25.99	26.03
Diluted EPS Excluding Extraordinary Items	0.54	-0.11	0.90	0.54	0.50
Diluted EPS Including Extraordinary Items	-	-	-	-	-
Dividends per Share - Common Stock Primary Issue	-	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-	-
Depreciation, Supplemental	-	-	-	-	-
Total Special Items	-	-	-	-	-
Normalized Income Before Taxes	-	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-	-
Normalized Income After Taxes	-	-	-	-	-
Normalized Income Avail to Common	-	-	-	-	-
Basic Normalized EPS	-	-	-	-	-
Diluted Normalized EPS	0.47	-0.09	0.89	0.54	0.50

In Millions of USD (except for per share items)	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31	12 months ending 2008-12-31
Revenue	381.87	359.77	388.87	411.74
Other Revenue, Total	-	-	-	-
Total Revenue	381.87	359.77	388.87	411.74
Cost of Revenue, Total	198.52	192.82	181.88	155.24
Gross Profit	183.35	166.95	206.99	256.50
Selling/General/Admin. Expenses, Total	45.49	44.03	43.70	40.24
Research & Development	-	-	-	-
Depreciation/Amortization	59.59	56.96	53.04	44.30
Interest Expense(Income) - Net Operating	-	-	-	-
Unusual Expense (Income)	-0.27	92.57	40.70	-34.81
Other Operating Expenses, Total	-	-	-	-
Total Operating Expense	303.33	386.38	319.32	204.98
Operating Income	78.54	-26.61	69.55	206.76
Interest Income(Expense), Net Non-Operating	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-
Other, Net	-	-	-	-
Income Before Tax	54.63	-47.45	48.50	195.53
Income After Tax	49.93	-34.74	50.58	183.78
Minority Interest	-	-	-	-
Equity In Affiliates	-	-	-	-
Net Income Before Extra. Items	49.93	-34.74	50.58	183.78
Accounting Change	-	-	-	-
Discontinued Operations	-	-	-	-
Extraordinary Item	-	-	-	-
Net Income	49.93	-34.74	50.58	183.78
Preferred Dividends	-	-	-	-
Income Available to Common Excl. Extra Items	49.46	-34.74	49.77	183.78
Income Available to Common Incl. Extra Items	49.46	-34.74	49.77	183.78
Basic Weighted Average Shares	-	-	-	-
Basic EPS Excluding Extraordinary Items	-	-	-	-
Basic EPS Including Extraordinary Items	-	-	-	-
Dilution Adjustment	0.00	0.00	0.01	0.00
Diluted Weighted Average Shares	25.96	25.52	25.45	24.32
Diluted EPS Excluding Extraordinary Items	1.91	-1.36	1.96	7.56
Diluted EPS Including Extraordinary Items	-	-	-	-
Dividends per Share - Common Stock Primary Issue	0.00	0.00	0.00	0.00
Gross Dividends - Common Stock	-	-	-	-
Net Income after Stock Based Comp. Expense	-	-	-	-
Basic EPS after Stock Based Comp. Expense	-	-	-	-
Diluted EPS after Stock Based Comp. Expense	-	-	-	-
Depreciation, Supplemental	-	-	-	-
Total Special Items	-	-	-	-
Normalized Income Before Taxes	-	-	-	-
Effect of Special Items on Income Taxes	-	-	-	-
Income Taxes Ex. Impact of Special Items	-	-	-	-
Normalized Income After Taxes	-	-	-	-
Normalized Income Avail to Common	-	-	-	-
Basic Normalized EPS	-	-	-	-
Diluted Normalized EPS	1.90	1.00	3.00	6.21

In Millions of USD (except for per share items)	As of 2012-03-31	As of 2011-12-31	As of 2011-09-30	As of 2011-06-30
Cash & Equivalents	222.15	128.82	112.97	113.94
Short Term Investments	-	-	-	-
Cash and Short Term Investments	222.15	128.82	112.97	113.94
Accounts Receivable - Trade, Net	85.35	85.21	80.68	82.91
Receivables - Other	-	-	-	-
Total Receivables, Net	93.44	91.53	91.17	95.42
Total Inventory	-	-	-	-
Prepaid Expenses	25.26	21.20	16.44	18.25
Other Current Assets, Total	-	-	-	-
Total Current Assets	340.85	241.54	220.57	227.62
Property/Plant/Equipment, Total - Gross	1,563.23	1,509.85	1,483.05	1,509.56
Accumulated Depreciation, Total	-350.08	-329.30	-320.94	-318.40
Goodwill, Net	32.71	31.15	31.77	34.49
Intangibles, Net	23.85	24.57	25.23	25.95
Long Term Investments	-	-	-	-
Other Long Term Assets, Total	29.02	21.99	23.77	25.89
Total Assets	1,639.58	1,499.80	1,463.45	1,505.11
Accounts Payable	20.27	14.47	16.27	21.15
Accrued Expenses	32.20	37.40	32.05	36.38
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	79.66	1.67	33.33	33.33
Other Current liabilities, Total	8.83	9.10	4.42	5.02
Total Current Liabilities	140.98	62.64	86.08	95.88
Long Term Debt	347.03	305.83	268.15	286.46
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	347.03	305.83	268.15	286.46
Total Debt	426.69	307.50	301.48	319.80
Deferred Income Tax	106.31	105.13	102.84	101.56
Minority Interest	-	-	-	-
Other Liabilities, Total	27.61	29.34	32.58	34.05
Total Liabilities	621.93	502.94	489.65	517.95
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	0.00	0.00	0.00	0.00
Common Stock, Total	0.27	0.26	0.26	0.26
Additional Paid-In Capital	382.20	379.67	376.75	374.98
Retained Earnings (Accumulated Deficit)	583.49	586.40	562.76	548.59
Treasury Stock - Common	-9.11	-8.97	-8.98	-9.01
Other Equity, Total	60.81	39.49	43.02	72.33
Total Equity	1,017.65	996.86	973.80	987.15
Total Liabilities & Shareholders' Equity	1,639.58	1,499.80	1,463.45	1,505.11
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	26.80	26.62	26.53	26.51

In Millions of USD (except for per share items)	As of 2011-12-31	As of 2010-12-31	As of 2009-12-31	As of 2008-12-31
Cash & Equivalents	128.82	97.19	92.08	100.76
Short Term Investments	-	-	-	-
Cash and Short Term Investments	128.82	97.19	92.08	100.76
Accounts Receivable - Trade, Net	85.21	66.71	76.55	101.43
Receivables - Other	-	-	-	-
Total Receivables, Net	91.53	77.04	80.79	104.90
Total Inventory	-	-	-	-
Prepaid Expenses	21.20	20.11	12.21	7.24
Other Current Assets, Total	-	-	-	-
Total Current Assets	241.54	194.35	185.07	212.90
Property/Plant/Equipment, Total - Gross	1,509.85	1,476.60	1,443.93	1,351.80
Accumulated Depreciation, Total	-329.30	-282.39	-239.52	-182.28
Goodwill, Net	31.15	31.99	129.85	123.98
Intangibles, Net	24.57	27.39	30.27	33.16
Long Term Investments	-	-	-	-
Other Long Term Assets, Total	21.99	20.72	16.05	17.42
Total Assets	1,499.80	1,468.65	1,565.66	1,556.97
Accounts Payable	14.47	15.13	19.52	15.09
Accrued Expenses	37.40	36.85	39.37	37.80
Notes Payable/Short Term Debt	0.00	0.00	0.00	0.00
Current Port. of LT Debt/Capital Leases	1.67	33.33	33.33	18.97
Other Current liabilities, Total	9.10	5.30	4.82	3.04
Total Current Liabilities	62.64	90.62	97.03	74.89
Long Term Debt	305.83	293.10	326.36	462.94
Capital Lease Obligations	-	-	-	-
Total Long Term Debt	305.83	293.10	326.36	462.94
Total Debt	307.50	326.43	359.69	481.91
Deferred Income Tax	105.13	105.47	112.96	116.17
Minority Interest	-	-	-	-
Other Liabilities, Total	29.34	33.51	41.84	48.12
Total Liabilities	502.94	522.69	578.19	702.12
Redeemable Preferred Stock, Total	-	-	-	-
Preferred Stock - Non Redeemable, Net	-	-	-	-
Common Stock, Total	0.26	0.26	0.26	0.25
Additional Paid-In Capital	379.67	370.22	362.02	352.84
Retained Earnings (Accumulated Deficit)	586.40	536.47	571.21	520.63
Treasury Stock - Common	-8.97	-7.23	-5.87	-6.85
Other Equity, Total	39.49	46.24	59.84	-12.03
Total Equity	996.86	945.96	987.47	854.84
Total Liabilities & Shareholders' Equity	1,499.80	1,468.65	1,565.66	1,556.97
Shares Outs - Common Stock Primary Issue	-	-	-	-
Total Common Shares Outstanding	26.62	26.01	25.70	25.14

In Millions of USD (except for per share items)	3 months ending 2012-03-31	12 months ending 2011-12-31	9 months ending 2011-09-30	6 months ending 2011-06-30
Net Income/Starting Line	-2.91	49.93	26.29	12.12
Depreciation/Depletion	15.03	59.59	44.55	29.66
Amortization	-	-	-	-
Deferred Taxes	0.10	-0.23	-0.31	-1.05
Non-Cash Items	2.21	10.54	8.13	3.25
Changes in Working Capital	-3.01	-22.36	-24.46	-18.93
Cash from Operating Activities	11.42	97.47	54.20	25.04
Capital Expenditures	-35.60	-52.26	-15.00	-4.93
Other Investing Cash Flow Items, Total	6.35	2.85	0.00	0.00
Cash from Investing Activities	-29.25	-49.41	-15.00	-4.93
Financing Cash Flow Items	-10.10	0.00	0.00	0.00
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	0.94	2.77	1.43	1.25
Issuance (Retirement) of Debt, Net	119.05	-19.00	-25.00	-6.67
Cash from Financing Activities	109.89	-16.23	-23.57	-5.42
Foreign Exchange Effects	1.28	-0.21	0.15	2.06
Net Change in Cash	93.33	31.62	15.77	16.75
Cash Interest Paid, Supplemental	8.25	21.67	19.22	9.69
Cash Taxes Paid, Supplemental	1.31	6.02	4.49	3.32

In Millions of USD (except for per share items)	12 months ending 2011-12-31	12 months ending 2010-12-31	12 months ending 2009-12-31	12 months ending 2008-12-31
Net Income/Starting Line	49.93	-34.74	50.58	183.78
Depreciation/Depletion	59.59	56.96	53.04	44.30
Amortization	-	-	-	-
Deferred Taxes	-0.23	-8.37	-3.46	7.22
Non-Cash Items	10.54	101.03	51.42	-24.79
Changes in Working Capital	-22.36	-23.30	19.46	-5.32
Cash from Operating Activities	97.47	91.57	171.04	205.20
Capital Expenditures	-52.26	-73.44	-77.44	-108.63
Other Investing Cash Flow Items, Total	2.85	19.58	9.24	-78.16
Cash from Investing Activities	-49.41	-53.86	-68.20	-186.79
Financing Cash Flow Items	0.00	-2.00	-0.28	0.00
Total Cash Dividends Paid	-	-	-	-
Issuance (Retirement) of Stock, Net	2.77	2.50	2.31	0.65
Issuance (Retirement) of Debt, Net	-19.00	-33.33	-122.28	56.11
Cash from Financing Activities	-16.23	-32.84	-120.25	56.75
Foreign Exchange Effects	-0.21	0.24	8.72	-14.53
Net Change in Cash	31.62	5.12	-8.68	60.64
Cash Interest Paid, Supplemental	21.67	21.29	20.01	12.59
Cash Taxes Paid, Supplemental	6.02	4.71	3.44	3.29