GULFMARK OFFSHORE INC company info

CIK 1030749
IRS Number 760526032
State of incorporation DE
Business address 10111 RICHMOND AVE
STE 340
HOUSTON
TX
77042
Mail address 10111 RICHMOND AVE
STE 340
HOUSTON
TX
77042

Short summary

GULFMARK OFFSHORE INC is a Texas company, with head office located at 10111 Richmond Ave Houston, Texas 77042. In 2017 the company owned a total of 1.07 billion USD worth of assets, including 56.69 million USD worth of current assets. 2013 was the year when the company amassed the most assets.

GULFMARK OFFSHORE INC Income Statement

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Operating Income (Loss) 206.7669.55-26.6178.5451.01100.48101.67-183.55-231.33
Interest expense 14.2920.2821.6922.3123.2423.8229.3336.9533.49
Income Tax Expense (Benefit) 11.74-2.09-12.704.692.674.969.27-5.63-39.46
Net income 183.7850.58-34.7549.9319.2770.6162.38-215.24-202.98

GULFMARK OFFSHORE INC Balance Sheet

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Cash and cash equivalents 40.12165.9449.79113.94146.4672.7025.9478.3910.6514.1211.46
Accounts Receivable, Net, Current 76.1382.9186.75115.18125.4070.6329.0320.9518.87
Inventories 7.667.517.64
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 249.09318.40354.89400.04460.91461.49468.61498.85516.40
Goodwill 123.9828.5734.5031.2530.6730.3823.7600
Intangible Assets, Net (Excluding Goodwill) 28.8325.9523.0720.1817.3014.420
Total assets 1,413.231,505.111,561.661,684.971,853.991,696.791,127.301,071.491,071.67
Current assets 152.52227.62264.98221.47186.46178.2462.7462.1656.69
Non-current assets 1,364.741,253.581,236.271,360.851,544.031,500.421,266.49
Accounts payable 17.7021.1516.8623.8028.6613.0112.968.739.10
Taxes Payable, Current 5.315.694.313.726.172.383.794.28
Total current liabilities 94.0695.8862.2370.1672.0750.3440.44161.82173.80
Long-term Debt, Excluding Current Maturities 309.73286.46346.71500.93545.75572.67461.91134.16143.38
Long-term Debt 326.67346.71500544.95572468.83546
Deferred income taxes 109.06101.56106.29105.06104.8193.6060.06124.58118.86
Total liabilities 130.17134.58307.40314.26
Common Stock, Value, Issued 0.260.260.270.270.270.270.280.290.29
Retained Earnings (Accumulated Deficit) 502.03548.59597.56578.61640.64646.04305.4281.7857.13
Accumulated Other Comprehensive Income (Loss), Net of Tax 3.6964.4934.5115.3965.85-43.04-118.43-125.61-108.35

GULFMARK OFFSHORE INC Cash Flow

Name [in Millions USD]20072008200920102011201220132014201520162017Trends
Net income 183.7850.58-34.7549.9319.2770.6162.38-215.24-202.98
Depreciation and amortization 44.3053.0456.9659.5959.7263.9675.3472.5958.18
Amortization of Intangible Assets 2.902.902.902.902.902.10
Depreciation and amortization 59.7263.9675.34
Deferred Income Tax Expense (Benefit) 7.23-3.46-8.37-0.23-2.880.02-0.07-3.82-38.46
Accounts receivable 6.63-29.05-3.2915.983.4417.95-5.70-47.32-15.14
Accounts payable -8.262.78-4.12-0.4614.05-1.68-3.89-8.60-0.59
Net Cash Provided by (Used in) Operating Activities 205.20171.0591.5797.47102.74126.70153.8543.36
Payments to Acquire Property, Plant, and Equipment 108.6377.4473.4452.26192.30261.87158.4335.4316.19
Net Cash Provided by (Used in) Investing Activities -186.79-68.20-53.86-49.41-198.76-210.07-121.10
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -210.07-121.10-22.84-9.66
Proceeds from Issuance of Long-term Debt 200
Proceeds from Stock Plans 0.52
Proceeds from Issuance of Common Stock 0.481.600.660.640.750.801.050.830.38
Payments for Repurchase of Common Stock 0.5212.7457.89
Net Cash Provided by (Used in) Financing Activities 56.75-120.25-32.84-16.23150.60-39.60-40.02-47.28
Cash and Cash Equivalents, Period Increase (Decrease) 60.64-8.685.1231.6256.36-124.61-9.78-28.85-13.12