根据第13和15（d）节的年度报告

LEASES

v3.21.1
半岛体育官网
 12 Months Ended
Mar. 31，2021
Leases [Abstract] 聽
LEASES LEASES
半岛体育官网在运营租赁协议下租赁飞机，土地，机库，建筑物，燃油箱和塔楼。半岛体育官网确定安排是否是成立后的租赁。该半岛体育官网的租赁记录在使用权中（“在合并的资产负债表中，应付账款和经营租赁负债。这些合同的租赁费用，最初的十二个月或更少的条款在租赁期间以直接的方式确认，并在资产负债表上记录下来。。。
ROU资产代表半岛体育官网使用基础资产作为半岛体育官网期限的权利，半岛体育官网负债代表半岛体育官网的义务，以半岛体育官网产生半岛体育官网。经营半岛体育官网ROU资产和负债在半岛体育官网开始之日根据半岛体育官网期限的现值确认。半岛体育官网根据半岛体育官网开学日期可用的信息来确定半岛体育官网付款的现值时，使用其增量借贷率。半岛体育官网的半岛体育官网条款可能包括续订，扩展或终止半岛体育官网的选择。半岛体育官网期限包括当半岛体育官网合理确定行使期权时扩展的选项。但是，半岛体育官网不能合理地确定，它将行使半岛体育官网开始时延长任何选择，因为每次扩展将基于决定行使或不行使延期期间的相关事实和情况，因此剩余的半岛体育官网条款尚未包括在内。半岛体育官网将评估半岛体育官网扩展的影响，如果可能以及何时进行扩展选项的行动。
半岛体育官网运营的大多数基地都是租赁的，目前剩余的条款之间一个和五十八年。该半岛体育官网与某些设备的租赁有关，包括飞机的租赁以及其运营中使用的土地和设施。相关的租赁协议范围从不可依赖的和月度期限，通常提供固定的每月租金，还可以包括续签选项。半岛体育官网通常支付与这些租赁相关的所有保险，税收和维护费用，这些费用不包括在租赁责任中，并在其发生的时期内得到认可。
截至2021年3月31日（继任者），根据所有具有最初或剩余条款超过一年的最初或剩余条款（包括44架飞机的半岛体育官网）的总付款，包括44架飞机，如下（千分）：：：：
Aircraft Other Total
Fiscal year ending March 31,
2022 $ 77,354聽 $ 12,730聽 $ 90,084
2023 57,646聽 10,775聽 68,421
2024 45,362聽 9,948 55,310
2025 28,370聽 7,627 35,997聽
2026 2,170聽 6,644聽 8,814聽
Thereafter 鈥斅?/span> 21,055聽 21,055
$ 210,902聽 $ 68,779聽 $ 279,681聽
截至2020年3月31日（继任者），根据所有具有超过一年的初始条款（包括46架飞机的半岛体育官网）的所有不可替代的经营半岛体育官网的汇总付款，如下（千分）：：：
Aircraft Other Total
Fiscal year ending March 31,
2021 $ 89,736听 $ 7,680聽 $ 97,416听
2022 77,229聽 6,435 $ 83,664听
2023 58,583聽 6,468 $ 65,051聽
2024 46,005 6,086聽 $ 52,091
2025 28,370聽 5,005聽 $ 33,375
Thereafter 2,170聽 16,382 $ 18,552
$ 302,093聽 $ 48,056 $ 350,149聽
Operating leases as of March聽31, 2021 (Successor) and March聽31, 2020 (Successor) were as follow (in thousands, except years and percentages):
2021年3月31日 2020年3月31日
操作半岛体育官网使用权权利资产 $ 246,667聽 $ 305,962
Current portion of operating lease liabilities 77,909聽 81,484听
Operating lease liabilities 167,718 224,595
总运营半岛体育官网负债 $ 245,627 $ 306,079
财政年度结束
2021年3月31日		 Five Months Ended
March 31, 2020		 Seven Months Ended
October 31, 2019
Successor Predecessor
经营半岛体育官网的现金现金 $ 112,590 $ 48,967 $ 95,601聽
半岛体育官网 assets obtained in exchange for lease obligations $ 21,923聽 $ 338,257聽 $ 256,242聽
Weighted average remaining lease term 4 years 4年 5 years
加权平均折现率 6.23聽 % 6.27 % 7.14聽 %
The aircraft leases range from base terms of up to 180 months with renewal options of up to 60 months in some cases, include purchase options upon expiration and some include early purchase options. The leases contain terms customary in transactions of this type, including provisions that allow the lessor to repossess the aircraft and require the Company to pay a stipulated amount if the Company defaults on its obligations under the agreements. The following is a summary of the terms related to aircraft leased under operating leases with original or remaining terms in excess of one year as of March聽31, 2021 (Successor):
End of Lease Term Number聽of聽
Aircraft
Fiscal year 2022 to fiscal year 2023 15聽
Fiscal year 2024 to fiscal year 2025 19聽
Fiscal year 2026 to fiscal year 2027 10聽
44聽
The Company leases six S-92 model aircraft and one AW139 model aircraft from VIH Aviation G半岛体育官网p Ltd., which is a related party due to common ownership of Cougar and paid lease fees of $12.9聽million, $5.5 million, $8.6 million and $16.1 million during the fiscal year 2021 (Successor), five months ended March 31, 2020 (Successor), seven months ended October 31, 2019 (Predecessor) and fiscal year 2019 (Predecessor), respectively. The Company leases a facility in Galliano, Louisiana from VIH Helicopters USA, Inc., another related party due to common ownership of Cougar, and paid lease fees of $0.2聽million, $0.1 million, $0.1 million and $0.2 million during the fiscal year 2021, five months ended March 31, 2020 (Successor), seven months ended October 31, 2019 (Predecessor) and fiscal year 2019 (Predecessor), respectively. As of March 31, 2021 and 2020, $2.6 million and $14.6 million, respectively, of accounts receivables from related party affiliates were included in accounts receivables on the consolidated balance sheet.
During the fiscal year 2021, the Company entered into sales-type leases for five S76C++ medium helicopters. The leases commenced on January 15, 2021 and were classified as sales-type based on the purchase options which the Company believes are reasonably certain of exercise. As a result, a net investment in lease of $3.7聽million, calculated as present value of lease payments and purchase option value, was recognized on the balance sheet. The difference between the net book value of the aircraft and the net investment in lease was recognized as a loss on disposal of $6.4聽million. The receivables of $3.7聽million represent the net investment in lease recognized expected to be be received over the next fiscal year.
In April and May 2019 (Predecessor), the Company returned its remaining聽four聽H225 leased aircraft and paid聽$4.3聽million聽in lease return costs.
在2019年6月（前身），半岛体育官网拒绝了10架飞机租赁，其中包括9个S-76C+S和1架S-76D，并记录了260万美元的租赁终止费用，净额为260亿美元。 2019年9月（前身），半岛体育官网还记录了额外的4.2万美元租赁终止费用，以调整其负债，但要妥协允许索赔。此外，与这十架飞机租赁收益有关，该半岛体育官网在前期期间将其ROU资产减少了186亿美元，并经营租赁负债$ 202听百万美元。 2019年10月31日（前身）作为计划的一部分，半岛体育官网和解了这些债务，全额支付了39万美元。
在2019年9月（前身），该半岛体育官网拒绝了其在德克萨斯州休斯敦的半岛体育官网总部的租约。截至2019年9月30日（前身），半岛体育官网记录了53万美元的允许索赔，该索赔在2019年10月31日（前身）作为计划的一部分，以0.6百万美元的价格和全额支付。此外，截至2019年9月30日（前身），与半岛体育官网租赁拒绝有关，半岛体育官网将其ROU资产降低了132亿美元，经营租赁负债降低了18.9亿美元。
In connection with the adoption of fresh-start accounting, the Company made the accounting policy election in accordance with ASC 805 to not recognize lease assets or liabilities upon emergence for any leases that have a remaining lease term of 12 months or less as of the Effective Date. Any 半岛体育官网 asset or lease liability that meets the criteria was written off by offsetting each other with any resulting gain or loss recognized as a fresh-start adjustment on the Predecessor鈥檚 consolidated statements of operations. Any future lease expenses will be expensed on a straight-line basis over the lease term or for variable lease payments in the period in which the obligation for those payments is incurred. Further, the 半岛体育官网 asset was reduced on a
net basis by $2.6聽million for changes in fair value related to favorable or unfavorable lease terms with the offset recorded as reorganization expense, net in the Predecessor鈥檚 consolidated statement of operations.
Rent expense incurred is as follows (in thousands):
聽 Fiscal Year Ended
2021年3月31日		 Five Months Ended
2020年3月31日		 Seven Months Ended
2019年10月31日		 Fiscal Year Ended
2019年3月31日
Successor 前任
Rent expense under all operating leases 120,309聽 $ 50,061 88891_88894 101,543 $ 192,316聽
Rent expense under operating leases for aircraft 97,919 $ 43,044聽 $ 88,599聽 $ 168,299聽