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REVENUES
 3 Months Ended
Mar. 31, 2026
Revenue Recognition [Abstract]  
REVENUES REVENUES
Revenue Recognition
The Company’s customers are primarily major integrated, national and independent offshore energy companies and government agencies. Revenues are generally recognized when the Company satisfies its performance obligations by providing aviation services to its customers in exchange for consideration. The Company disaggregates its revenues by operating segment.
Revenues by Segment. Revenues earned by each segment for the periods reflected in the table below were as follows (in thousands):
Three Months Ended March 31,
20262025
Offshore Energy Services
$254,333 $239,785 
Government Services107,870 85,943 
Other Services26,502 24,802 
Total revenues$388,705 $350,530 
Deferred revenues are primarily generated by advanced payments from offshore energy companies and government agencies and fixed wing services where customers pay for tickets in advance of receiving the Company’s service. The Company’s current deferred revenues are recorded under current liabilities, and the Company’s long-term deferred revenues are recorded in other liabilities and deferred credits on the condensed consolidated balance sheets.
The Company’s deferred revenues were as follows (in thousands):
March 31,
2026		December 31,
2025
Short-term$27,689 $22,440 
Long-term34,893 31,503 
Total deferred revenues$62,582 $53,943 
During the three months ended March 31, 2026 and 2025, revenues recognized that had previously been deferred were $5.4 million and $5.7 million, respectively. As of March 31, 2026, the Company anticipates recognizing long-term deferred revenues of approximately $9.6 million in 2027, $7.1 million in 2028, $3.3 million in 2029, $3.3 million in 2030 and $11.6 million thereafter.