7Baggers
Quarterly
Annual
    Unit: USD2024-05-31 2023-12-31 2023-11-30 2023-08-31 2023-06-30 2023-05-31 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-02-28 2021-12-31 2021-06-30 2021-02-28 2020-12-31 2020-05-31 2019-11-30 2017-12-31 2017-06-30 2016-11-30 2015-12-31 2014-12-31 2014-09-30 2013-12-31 2013-06-30 2012-12-31 2012-06-30 2012-03-31 2011-12-31 2011-11-30 2011-09-30 2011-06-30 2010-12-31 2010-09-30 2010-05-31 2009-12-31 2009-11-30 2009-08-31 2009-05-31 2009-03-31 2009-02-28 2008-12-31 2008-11-30 2008-09-30 2008-08-31 2007-12-31 2007-11-30 2007-05-31 2007-02-12 
      
    		                                                 
      cash and cash equivalents
    		45,941 31,078 69,151 96,480 96,480 56,617 31,078 59,583 35,573 35,573 59,583 34,739 34,302  57,847 64,352 37,320 33,998 45,644 151,550 29,889,000,000 100,736 89,258 109,819 71,125 55,511 104,259 110 24,006 10,954 10,404 12 17,221 54 105 30,496    109,319  31,378  31,120  13,342    
      restricted cash
    		4,092 2,283 4,893 5,934 5,934 4,508 2,283 3,719 15,111 15,111 3,719 9,909 8,267  4,223 13,653 10,873                                 
      accounts receivable
    		22,323 26,287 21,960 27,535 27,535 26,481 26,287 20,474 11,387 11,387 20,474 9,374 12,861  6,349 32,325 18,715 23,033 31,955 19,195 28,598,000,000  17,316 1,160 8,136 54 215 2 17,586 14,332  10      25,574       59,031     
      prepaid expenses
    		4,188 4,319 5,184 5,055 5,055 7,464 4,319 5,975 6,288 6,288 5,975 4,847 3,422  5,477 8,427 2,552 7,808 7,878 4,491 6,381,000,000 5,513 3,340 191 3,343                         
      inventory
    		25,006 31,183 22,192 23,234 23,234 25,684 31,183 25,430 34,054 34,054 25,430 20,873 19,274  19,408 19,123 15,963 23,557 22,346 21,396 14,843,000,000 22,223 30,617 319  4,048   7,586                     
      voyages in progress
    		9,476 11,178 7,238 9,085 9,085 15,960 11,178 23,997 13,081 13,081 23,997 10,488 5,017  4,644 4,530 11,777 16,781 16,037 21,499 32,333,000,000 29,586 24,923  11,230                     7,753    
      other current assets
    		2,195 2,582 1,998 3,364 3,364 1,986 2,582 3,484 5,285 5,285 4,336 1,918 2,830  1,574 6,747 1,954 3,388 4,342 2,778 3,125,000,000 2,029 2,133 516 8,221            54 27,834 22,658  57,020  6  7,933  15,078 10,851 16,972 
      total current assets
    		113,221 108,910 132,616 170,687 170,687 138,700 108,910 142,662 135,562 135,562 143,514 107,108 85,973  99,522 149,157 99,154 108,566 128,203 220,909 115,169,000,000 176,499 167,588 112,005  78,573   83,100  102,792  71,643   110,201    167,034  94,119  101,325  44,803    
      vessels
    		754,515 768,584 702,239 710,118 710,118 722,393 768,584 735,134 760,986 760,986 735,134 715,263 827,963  861,342 887,225 909,747 1,082,896 1,103,368 1,076,910 962,685,000,000 909,992 928,415 132,765 934,782 964,855 996,968 1 1,022,793 1,008,101 1,008,101 966 988,263 908 864,494 825,449 784 740,173 752,500 752,500 825,449 707,853 720 720,035 727,992 740,631 738,266 745,105 740,631 
      other non-current assets
    		1,984 1,124 1,477 1,684 784 1,892 1,702 878 2,619 1,069 2,087 2,654 2,758  1,264 1,464 1,629 10,481 10,467 10,497 15,906,000,000 8,331 10,093 612 5 4,938 646 577 490 653 653 25 23,177 21 12,743 10,928    10,684  2,906  2,611  889    
      total non-current assets
    		756,499 770,286 703,716 711,802 711,802 724,285 770,286 737,221 763,605 763,605 737,221 744,044 843,613  874,825 888,689 912,525 1,182,041 1,204,548 1,195,337 1,126,447,000,000 992,525 1,016,714 133,377  1,007,051   1,042,285  1,008,754  1,011,440   836,377    772,184  719,759  741,526  759,825    
      total assets
    		869,720 879,196 836,332 882,489 882,489 862,985 879,196 879,883 899,167 899,167 880,735 851,152 929,586  974,347 1,037,846 1,011,679 1,290,607 1,332,750 1,416,246 1,241,617,000,000 1,169,024 1,184,303 245,382 1,083,728 1,085,624 1,166,239 1 1,125,385 1,111,546 1,111,546 1 1,083,083 1 1,085,663 946,578 958 988,655 939,218 939,218 946,578 813,878 842 842,851 858,764 804,628 780,044 797,413 804,628 
      accounts payable
    		2,927 3,446 3,988 1,712 1,712 3,191 3,446 6,960 7,913 7,913 6,960 6,552 3,727  4,099 4,391 4,911 4,344 4,226 3,601 4,245,000,000 6,664 8,358 981 3,805 3,095 3,199 3 4,378 3,886 3,886 3 2,934 1 3,118 3,364 4 2,619 2,247 2,247 3,364 1,947 5 5,816 7,613 7,290 9,450 674 7,290 
      accrued voyage expenses
    		9,342 11,748 5,913 9,763 9,763 7,279 11,748 11,315 23,508 23,508 11,315 14,985 9,889  5,254 8,670 10,620 7,222 9,255 9,211 4,024,000,000 8,784 3,576  4,888                         
      other current liabilities
    		8,847 10,858 10,514 8,012 8,175 10,626 10,858 14,439 11,751 11,752 15,290 8,561 6,756  8,232 29,469 6,989 9,544 13,841 8,766 9,577,000,000  6,413                           
      dividends payable
    		25,056 12,528 27,144 31,319 31,319  12,528  4,033 4,033                                        
      current portion of long term debt
    		101,541  25,865 121,226  123,845 31,898  41,581  39,700     36,202 20,006                                 
      total current liabilities
    		147,713 70,478 73,424 172,032 93,920 144,941 70,478 72,414 88,787 88,787 73,265 67,645 42,646  39,679 78,732 45,526 21,110 27,322 21,578 17,846,000,000 24,035 18,347 2,061  14,974   17,946  33,187  6,994   6,810    6,295  6,214  12,221  24,358    
      long-term debt
    		192,147 269,697 229,308 157,507 235,782 161,051 269,697 266,337 312,982 312,982 266,337 283,411 323,466  334,615 354,526 384,876 443,517 443,169 442,472 330,000,000,000  250,000  210,000 250,000 250,000 250 230,000 170,000 170,000 90 75,000 50 0  0 0 46,000 46,000 0 15,000 0  0 105,500 77,500 176,500 105,500 
      other non-current liabilities
    		1,131 717 660 955 566 968 717 615 1,499 644 1,151 724 192  197 875                                  
      total non-current liabilities
    		193,278 270,414 229,968 158,462 236,574 162,019 270,414 267,487 314,481 314,481 267,488 285,284 324,267  335,542 355,402 400,348 458,274 458,105 457,944 343,046,000,000  262,473                           
      shareholders' equity
    		528,729  532,940 551,995  556,025 538,304  495,899  539,982     603,712  811,222 847,323 936,725 880,724,000,000  903,482  847,388  896,441 920  915,161  950  1 1,071,310  942  882,319  934,084  826  838,486  682,200 608,214  
      total liabilities and shareholders' equity
    		869,720  836,332 882,489  862,985 879,196  899,167  880,735     1,037,846  1,290,607 1,332,750 1,416,246 1,241,617,000,000 1,169,024 1,184,303  1,083,728    1,125,385    1,083,083   946,578 958          780,044   
      current assets
    		                                                 
      non-current assets
    		                                                 
      right of use assets
    		 578   900   1,209  1,550  1,857 1,027  1,219                                   
      liabilities and shareholders’ equity
    		                                                 
      current liabilities
    		                                                 
      current portion of long-term debt
    		 31,898   42,951   39,700  41,581  37,547 22,274  22,094                                   
      non-current liabilities
    		                                                 
      operating lease liabilities
    		    226   535  855  1,149 609  730                                   
      commitments and contingencies
    		                                                 
      shareholders’ equity
    		                568,805                     977,621           672,105 
      common stock
    		 2,087   2,087   2,087  2,026  1,836 1,584  1,514       892    529   473    469   422    379  344  344  300    
      additional paid-in capital
    		 191,004   189,948   188,801  174,187  139,480 82,695  59,412       114,291  243,224  15,615   12,867  953,378  993,295   933,662    981,751  905,262  5,116  852,121    
      contributed surplus
    		 404,823   444,495   507,134  523,838  529,816 533,336  539,516       787,732    866,515   926,733               1,010,301      
      accumulated other comprehensive loss
    		 -2,094   -2,029   -1,813  -1,884  -1,581 -1,224  -1,316           -84   -212  -245                   
      retained earnings
    		 -57,516      -156,227    -171,328                 -72,298  -54,645  -809       -99,811  -117,020        
      total shareholders’ equity
    		 538,304   551,995   539,982  495,899  498,223 562,673  599,126         243,321  809,383     898,961         882,319  788,586  826,544  672,105    
      total liabilities and shareholders’ equity
    		 879,196   882,489   879,883  899,167  851,152 929,586  974,347  1,011,679       245,382  1,085,624     1,111,546       988,655  939,218  813,878  842,851  804,628   804,628 
      assets
    		                                                 
      accumulated deficit
    		    -82,506     -202,268   -53,718         -12,808  -70                    -189,217  -180,316    
      amounts in usd '000
    		                                                 
      vessels held for sale
    		        14,783 14,783 0 14,960                                      
      vessels under construction
    		        0 0 0 24,270 11,865  11,000                                   
      2
    		                                                 
      3
    		                                                 
      4
    		                                                 
      5
    		                                                 
      6
    		                                                 
      7
    		                                                 
      8
    		                                                 
      9
    		                                                 
      10
    		                                                 
      11
    		                                                 
      1)
    		                                                 
      2)
    		                                                 
      investment securities
    		                1,149                                 
      deposit for vessels
    		                0 50,130 50,130 32,000 64,000,000,000                             
      investment in associate
    		                0                                 
      deferred compensation liability
    		                15,472 14,758 14,936 15,472 13,046,000,000 12,914 12,473  10,996 11,267 10,965 10 9,876 9,398 9,398 9 8,134 6 5,839 5,684    4,604  4,078  4,086  2,665    
      goodwill
    		                 18,979 18,979 18,979 18,979,000,000 18,979 18,979  18,979                         
      investment in nordic american offshore ltd.
    		                 19,554 21,603 56,951 64,877,000,000  59,226                           
      1 annual 2014 financial information is derived from audited financial statements.
    		                                                 
      accounts receivables
    		                     16,412                            
      investment in nordic american offshore ltd
    		                     55,223                            
      liabilities and shareholders' equity
    		                                                 
      accrued liabilities
    		                     8,587  839 6,652 10,343 5,164 5 12,642 13,101 29,301 5 4,060 3 5,396 2,909 4 3,247 4,048 3,528 3,446 3,817 6 5,868 9,425 16,531 10,894 12,025 17,068 
      long term debt
    		                     250,000                            
      deferred tax liability
    		                                                 
      total liabilities
    		                     286,949  2,061  276,241   257,822  212,585  90,128   12,494    56,899  25,292  16,307  132,523    
      commitment and contingencies
    		                                                 
      accumulated other comprehensive income
    		                     -8,032                            
      total shareholders' equity
    		                     882,075       867,563    992,955   934,084              
      accounts payable, related party
    		                       241 0 1,536 470 1 926                     
      common shares, par value 0.01 per share; 250,000,000 shares authorized, 16,666,666 shares issued and outstanding at december 31, 2013
    		                       167                          
      marketable securities
    		                        0 549 453 572 583  550                   
      accounts receivable, net related party
    		                        0 12,862 18,555 16 1,571                     
      bunkers inventory
    		                        22,519                         
      related party receivables
    		                        0 36,987 37,013 37 18,941                     
      prepaid expenses and other current assets
    		                         5,549 8,130 12 31,768 48,906 77,506 45 43,376 81 73,627 57,020              
      investment in joint venture
    		                         271  142 61                     
      retained deficit
    		                         -73,192                        
      total liablilities and shareholders' equity
    		                          1,166,239 1  1,111,546  1  1 1,085,663    939,218  946,578  842  858,764   797,413  
      working capital, cooperative arrangements
    		                             28,600                    
      accounts receivable, net 0 allowance at september 30, 2011 and december 31, 2010
    		                              14,332                   
      shareholders’ equity common stock, par value 0.01 per share; 90,000,000 shares authorized , 47,298,782 shares issued and outstanding and 51,200,000 shares authorized, 46,898,782 shares issued and outstanding at september 30, 2011 and december 31, 2010, respectively
    		                              473                   
      accounts receivable, net 0 allowance at december 31, 2010 and 2009
    		                                11,046                 
      deferred revenue
    		                                   537    520  449  537  537    
      accounts receivable *
    		                                 13 29,365      22,685  64       
      accounts receivable, net 0 allowance at december 31, 2009 and 2008
    		                                   22,685              
      deposit on contract
    		                                       9,000  9,000  18,880  18,305    
      cash deposits
    		                                    88 168,115 109,319  30,496  31  42,158  5,795 19,896 13,342 
      accounts receiveable
    		                                    21  35,057        18,053 18,452 14,489 
      other long term assets
    		                                    9 26,959 19,684  10,928  21  21,650  2,852 3,109 19,194 
      accrued long-term liability
    		                                    6 5,168 4,604  5,684  4  3,240    2,665 
      accounts receivable, net 0 allowance at march 31, 2009 and december 31, 2008
    		                                       35,057          
      prepaid expenses and other assets
    		                                       22,658  22,406  6,104  9,219    
      51,200,000 shares authorized, 37,893,679
    		                                                 
      shares issued and outstanding and 34,373,271 shares issued and outstanding at march 31, 2009 and december 31, 2008, respectively
    		                                                 
      accounts receivable, net 0 allowance at december 31, 2008 and 2007
    		                                         40,335        
      51,200,000 shares authorized, 34,373,271 shares issued and
    		                                                 
      outstanding and 29,975,312 shares issued and outstanding at december 31, 2008 and december 31, 2007, respectively
    		                                                 
      accounts receivable, net 0 allowance at september 30, 2008 and 2007
    		                                           64,101      
      accounts receivable, net 0 allowance at december 31, 2007 and 2006
    		                                             14,489    
      51,200,000 shares authorized, 29,975,312
    		                                                 
      shares issued and outstanding and 26,914,088 shares issued and outstanding at december 31, 2007 and december 31, 2006, respectively
    		                                                 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.