SEC Info - Bristow Group Inc - ‘10-Q’ for 12/31/10

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Bristow Group Inc – ‘10-Q’ for 12/31/10 – ‘XML.R13’

On: Wednesday, 2/2/11, at 5:08pm ET · For: 12/31/10 · Accession #: 73887-11-20 · File #: 1-31617

  As Of               Filer                 Filing    For·On·As Docs:Size

 2/02/11  Bristow Group Inc                 10-Q       12/31/10   32:17M

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Form 10-Q Quarterly Report                          HTML   1.46M 
 2: EX-10.2     Amended and Restated Revolving Credit and Term      HTML    859K 
                Loan Agreement                                                   
 3: EX-15.1     Letter From Kpmg LLP Dated February 2, 2011         HTML     13K 
 4: EX-31.1     Rule 13A-14 Certification by President and CEO      HTML     21K 
 5: EX-31.2     Rule 13A-14 Certification by Evp and CFO            HTML     21K 
 6: EX-32.1     Certification of CEO Pursuant to Section 906        HTML     15K 
 7: EX-32.2     Certification of CFO Pursuant to Section 906        HTML     15K 
26: XML         IDEA XML File -- Definitions and References          XML     83K 
30: XML         IDEA XML File -- Filing Summary                      XML     39K 
28: XML.R1      Document and Entity Information                      XML    126K 
29: XML.R2      Condensed Consolidated Statements of Income          XML    429K 
18: XML.R3      Condensed Consolidated Balance Sheets                XML    442K 
21: XML.R4      Condensed Consolidated Balance Sheets                XML     94K 
                (Parenthetical)                                                  
25: XML.R5      Condensed Consolidated Statements of Cash Flows      XML    442K 
24: XML.R6      Basis of Presentation, Consolidation and Summary     XML    189K 
                of Significant Accounting Policies                               
32: XML.R7      Variable Interest Entities                           XML    201K 
15: XML.R8      Debt                                                 XML    125K 
23: XML.R9      Fair Value Disclosures                               XML    129K 
14: XML.R10     Commitments and Contingencies                        XML    261K 
13: XML.R11     Taxes                                                XML     38K 
17: XML.R12     Derivatives                                          XML    123K 
27: XML.R13     Employee Benefit Plans                               XML     75K 
19: XML.R14     Comprehensive Income, Earnings Per Share and         XML    227K 
                Dividends                                                        
20: XML.R15     Segment Information                                  XML    460K 
22: XML.R16     Supplemental Condensed Consolidating Financial       XML   1.98M 
                Information                                                      
31: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   3.36M 
10: EX-101.CAL  Bristow XBRL Calculation Linkbase Document --        XML    125K 
                brs-20101231_cal                                                 
 8: EX-101.INS  Bristow XBRL Instance Document -- brs-20101231       XML   3.56M 
11: EX-101.LAB  Bristow XBRL Label Linkbase Document --              XML    364K 
                brs-20101231_lab                                                 
12: EX-101.PRE  Bristow XBRL Presentation Linkbase Document --       XML    206K 
                brs-20101231_pre                                                 
 9: EX-101.SCH  Bristow XBRL Taxonomy Schema Document --             XSD     58K 
                brs-20101231                                                     
16: ZIP         XBRL Zipped Folder -- 0000073887-11-000020-xbrl      Zip    128K

‘XML.R13’ — Employee Benefit Plans

This Financial Report is an XBRL XML File.

<?xml version="1.0" encoding="windows-1252"?>

<hasSegments> false </hasSegments>

<hasScenarios> false </hasScenarios>

<ReportLongName> 10801 - Disclosure - EMPLOYEE BENEFIT PLANS </ReportLongName>

<ShowElementNames> false </ShowElementNames>

<HasEmbeddedReports> false </HasEmbeddedReports>

<IsAbstractGroupTitle> false </IsAbstractGroupTitle>

<LabelColumn> false </LabelColumn>

<hasSegments> false </hasSegments>

<hasScenarios> false </hasScenarios>

<MCU>

<KeyName> 4/1/2010 - 12/31/2010 USD ($) USD ($) / shares </KeyName>

<ContextID> Duration_4_1_2010_To_12_31_2010 </ContextID>

<PeriodType> duration </PeriodType>

</contextRef>

<UPS>

<UnitType> Standard </UnitType>

</StandardMeasure>

</UnitProperty>

<UnitType> Divide </UnitType>

</NumeratorMeasure>

<MeasureSchema> http://www.xbrl.org/2003/instance </MeasureSchema>

<MeasureValue> shares </MeasureValue>

<MeasureNamespace> xbrli </MeasureNamespace>

</DenominatorMeasure>

</UnitProperty>

</UPS>

</MCU>

</Labels>

</Column>

</Columns>

<Rows>

<Row>

<ElementName> us-gaap_DefinedBenefitPensionPlansAndDefinedBenefitPostretirementPlansDisclosureAbstract </ElementName>

<PeriodType> duration </PeriodType>

<ShortDefinition> No definition available. </ShortDefinition>

<IsReportTitle> false </IsReportTitle>

<IsSegmentTitle> false </IsSegmentTitle>

<IsSubReportEnd> false </IsSubReportEnd>

<IsCalendarTitle> false </IsCalendarTitle>

<IsTuple> false </IsTuple>

<IsEquityPrevioslyReportedAsRow> false </IsEquityPrevioslyReportedAsRow>

<IsEquityAdjustmentRow> false </IsEquityAdjustmentRow>

<IsBeginningBalance> false </IsBeginningBalance>

<IsEndingBalance> false </IsEndingBalance>

<IsReverseSign> false </IsReverseSign>

<Cells>

<Cell>

<IsNumeric> false </IsNumeric>

<IsRatio> false </IsRatio>

<DisplayZeroAsNone> false </DisplayZeroAsNone>

<IsIndependantCurrency> false </IsIndependantCurrency>

<ShowCurrencySymbol> false </ShowCurrencySymbol>

<DisplayDateInUSFormat> false </DisplayDateInUSFormat>

<hasSegments> false </hasSegments>

<hasScenarios> false </hasScenarios>

</Cell>

</Cells>

<Unit> Other </Unit>

<ElementDataType> xbrli:stringItemType </ElementDataType>

<SimpleDataType> string </SimpleDataType>

<ElementDefenition> No definition available. </ElementDefenition>

<IsTotalLabel> false </IsTotalLabel>

<IsEPS> false </IsEPS>

<Label> EMPLOYEE BENEFIT PLANS </Label>

</Row>

<Row>

<IsAbstractGroupTitle> false </IsAbstractGroupTitle>

<ElementName> brs_PensionPlanStockOptionsAndOtherIncentivePlansTextBlock </ElementName>

<IsBaseElement> false </IsBaseElement>

<PeriodType> duration </PeriodType>

<ShortDefinition> This element may be used to capture the entire disclosure for an employer that sponsors one or more defined benefit pension... </ShortDefinition>

<IsReportTitle> false </IsReportTitle>

<IsSegmentTitle> false </IsSegmentTitle>

<IsSubReportEnd> false </IsSubReportEnd>

<IsCalendarTitle> false </IsCalendarTitle>

<IsTuple> false </IsTuple>

<IsEquityPrevioslyReportedAsRow> false </IsEquityPrevioslyReportedAsRow>

<IsEquityAdjustmentRow> false </IsEquityAdjustmentRow>

<IsBeginningBalance> false </IsBeginningBalance>

<IsEndingBalance> false </IsEndingBalance>

<IsReverseSign> false </IsReverseSign>

<PreferredLabelRole> terselabel </PreferredLabelRole>

<Cells>

<Cell>

<IsNumeric> false </IsNumeric>

<IsRatio> false </IsRatio>

<DisplayZeroAsNone> false </DisplayZeroAsNone>

<div> <div> <div> NOTE 8 — EMPLOYEE BENEFIT PLANS Pension Plans The following table provides a detail of the components of net periodic pension cost (in thousands): <table style="border-collapse: collapse; font-family: 'Times New Roman','serif'; margin-left: 13.5pt; font-size: 10pt;" class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="641"> <tr style="height: 13.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 282.55pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="377"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 82.25pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="110" colspan="6"> Three Months Ended December 31,</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="19"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 91.8pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="122" colspan="6"> Nine Months Ended December 31,</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td></tr> <tr style="height: 13.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 282.55pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="377"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 34.3pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="46" colspan="2"> 2010</td> <td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="top" width="12"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.6pt; padding-right: 0in; height: 13.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="45" colspan="2"> 2009</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="19"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.6pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="51" colspan="2"> 2010</td> <td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="border-bottom: medium none; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="12"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 38.85pt; padding-right: 0in; height: 13.7pt; border-top: windowtext 1pt solid; border-right: medium none; padding-top: 0in;" valign="bottom" width="52" colspan="2"> 2009</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td></tr> <tr style="height: 13.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 282.55pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="377"> Service cost for benefits earned during the period </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> $</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 29.25pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="39"> 1,354</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="top" width="12"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 4.2pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="6"> $</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 29.4pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="39"> 1,139</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="19"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> $</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 33.55pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="45"> 3,966</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="12"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> $</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 33.8pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="45"> 3,365</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td></tr> <tr style="height: 13.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 282.55pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="377"> Interest cost on pension benefit obligation </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 29.25pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="39"> 6,760</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="top" width="12"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 4.2pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="6"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 29.4pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="39"> 6,576</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="19"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 33.55pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="45"> 19,800</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="12"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 33.8pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="45"> 19,435</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td></tr> <tr style="height: 13.5pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 282.55pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="377"> Expected return on assets </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 29.25pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="39"> (6,783</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="7"> )</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="top" width="12"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 4.2pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="6"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 29.4pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="39"> (5,213</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="7"> )</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="19"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 33.55pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="45"> (19,870</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="7"> )</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="12"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 33.8pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="45"> (15,407</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.5pt; padding-top: 0in;" valign="bottom" width="7"> )</td></tr> <tr style="height: 13.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 282.55pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="377"> Amortization of unrecognized losses </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 29.25pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="39"> 1,325</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="top" width="12"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 4.2pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="6"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 29.4pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="39"> 1,150</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="19"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.55pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45"> 3,882</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="12"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="border-bottom: windowtext 1pt solid; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.8pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45"> 3,399</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td></tr> <tr style="height: 13.7pt;"><td style="padding-bottom: 0in; padding-left: 0in; width: 282.55pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="377"> Net periodic pension cost </td> <td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="7"> $</td> <td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 29.25pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="39"> 2,656</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="top" width="12"> </td> <td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 4.2pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="6"> $</td> <td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 29.4pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="39"> 3,652</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 14.35pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="19"> </td> <td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="7"> $</td> <td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.55pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45"> 7,778</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td> <td style="padding-bottom: 0in; padding-left: 0in; width: 9.3pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="12"> </td> <td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="7"> $</td> <td style="border-bottom: windowtext 3px double; border-left: medium none; padding-bottom: 0in; padding-left: 0in; width: 33.8pt; padding-right: 0in; height: 13.7pt; border-top: medium none; border-right: medium none; padding-top: 0in;" valign="bottom" width="45"> 10,792</td> <td style="padding-bottom: 0in; padding-left: 0in; width: 5.05pt; padding-right: 0in; height: 13.7pt; padding-top: 0in;" valign="bottom" width="7"> </td></tr></table> We pre-funded our contributions of $19.9 million to our U.K. plans for fiscal year 2011 in March 2010. The current estimate of our cash contributions to our Norwegian pension plan for fiscal year 2011 is $4.2 million, $4.1 million of which was paid during the nine months ended December 31, 2010. Incentive Compensation We have a number of incentive and stock option plans which are described in Note 10 to our fiscal year 2010 Financial Statements. Stock-based compensation expense, which includes stock options, restricted stock units and restricted stock, totaled $2.8 million and $3.3 million for the three months ended December 31, 2010 and 2009, respectively, and totaled $10.8 million and $9.9 million for the nine months ended December 31, 2010 and 2009, respectively. Stock-based compensation expense has been allocated to our various business units. During the nine months ended December 31, 2010, 282,549 stock options were granted at an average exercise price and fair value of $30.16 and $15.03 per share, respectively. The key input variables used in valuing these options under the Black Scholes model were: risk-free interest rate of 2.64%; dividend yield of zero; stock price volatility of 45.4%; and expected option lives of 7 years. Also during the nine months ended December 31, 2010, we awarded 276,024 shares of restricted stock at a weighted average grant date fair value of $30.93 per share. There were no stock options granted during the three months ended December 31, 2010. Compensation expense of $3.0 million and $3.3 million was recorded related to the performance cash awards during the three and nine months ended December 31, 2010, respectively. No compensation expense was recorded related to the performance cash awards during the three and nine months ended December 31, 2009.</div></div> </div>

</NonNumbericText>

<NonNumericTextHeader> NOTE 8 — EMPLOYEE BENEFIT PLANS Pension Plans The following table provides a detail of the components of net periodic pension cost (in </NonNumericTextHeader>

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<Unit> Other </Unit>

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<SimpleDataType> string </SimpleDataType>

<ElementDefenition> This element may be used to capture the entire disclosure for an employer that sponsors one or more defined benefit pension plans or one or more other defined benefit postretirement plans, of certain information, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. Also includes incentive compensation disclosures. </ElementDefenition>

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<IsEPS> false </IsEPS>

<Label> EMPLOYEE BENEFIT PLANS </Label>

</Row>

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<ReportName> EMPLOYEE BENEFIT PLANS </ReportName>

<MonetaryRoundingLevel> UnKnown </MonetaryRoundingLevel>

<SharesRoundingLevel> UnKnown </SharesRoundingLevel>

<PerShareRoundingLevel> UnKnown </PerShareRoundingLevel>

<ExchangeRateRoundingLevel> UnKnown </ExchangeRateRoundingLevel>

<HasCustomUnits> false </HasCustomUnits>

</InstanceReport>

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Filing Submission 0000073887-11-000020 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Bristow Group Inc – ‘10-Q’ for 12/31/10 – ‘XML.R13’

On: Wednesday, 2/2/11, at 5:08pm ET · For: 12/31/10 · Accession #: 73887-11-20 · File #: 1-31617

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Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘XML.R13’ — Employee Benefit Plans

This Financial Report is an XBRL XML File.

Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents