OVERSEAS SHIPHOLDING GROUP INC

$ Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000149315223015784 Filed on May 08, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$120.8M	$118.9M	$76.90M
YoY Change	43.06%	54.66%	70.52%
Cash & Equivalents	$106.0M	$104.1M	$76.90M
Short-Term Investments	$14.85M	$14.85M
Other Short-Term Assets
YoY Change
Inventory	$4.268M	$5.662M	$6.799M
Prepaid Expenses
Receivables	$10.86M	$10.92M	$12.47M
Other Receivables	$3.509M	$2.905M	$12.66M
Total Short-Term Assets	$125.3M	$124.3M	$108.8M
YoY Change	3.01%	14.17%	66.66%
LONG-TERM ASSETS
Property, Plant & Equipment	$889.6M	$912.2M	$885.0M
YoY Change	4.04%	3.08%	-10.09%
Goodwill
YoY Change
Intangibles	$15.72M	$16.87M
YoY Change	-22.64%
Long-Term Investments	$14.85M	$14.85M
YoY Change
Other Assets	$25.27M	$25.70M	$69.25M
YoY Change	1.09%	-62.88%	-33.29%
Total Long-Term Assets	$983.8M	$1.007B	$975.7M
YoY Change	4.41%	3.17%	-12.42%
TOTAL ASSETS
Total Short-Term Assets	$125.3M	$124.3M	$108.8M
Total Long-Term Assets	$983.8M	$1.007B	$975.7M
Total Assets	$1.109B	$1.131B	$1.085B
YoY Change	4.25%	4.27%	-8.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$49.16M	$57.20M	$46.00M
YoY Change	2.73%	24.35%	-4.97%
Accrued Expenses	$63.64M	$63.80M	$93.55M
YoY Change	-26.9%	-31.8%	3.26%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$24.92M	$24.52M	$26.59M
YoY Change	8.5%	-7.81%	-37.72%
Total Short-Term Liabilities	$141.7M	$149.5M	$166.1M
YoY Change	-12.45%	-10.0%	-8.61%
LONG-TERM LIABILITIES
Long-Term Debt	$387.3M	$393.3M	$435.1M
YoY Change	-5.8%	-9.61%	8.51%
Other Long-Term Liabilities	$9.336M	$10.33M	$81.40M
YoY Change	-54.49%	-87.32%	-48.45%
Total Long-Term Liabilities	$396.6M	$403.6M	$516.5M
YoY Change	-8.11%	-21.86%	-7.58%
TOTAL LIABILITIES
Total Short-Term Liabilities	$141.7M	$149.5M	$166.1M
Total Long-Term Liabilities	$396.6M	$403.6M	$516.5M
Total Liabilities	$754.7M	$781.4M	$746.3M
YoY Change	4.72%	4.71%	-8.47%
SHAREHOLDERS EQUITY
Retained Earnings	-$208.6M	-$220.9M
YoY Change	-18.64%
Common Stock	$598.8M	$598.0M
YoY Change	0.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$354.4M	$349.4M	$338.2M
YoY Change
Total Liabilities & Shareholders Equity	$1.109B	$1.131B	$1.085B
YoY Change	4.25%	4.27%	-8.04%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000075208
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax		usd
CY2022Q1	OSG	Payments For Repurchase Of Treasury Stock PaymentsForRepurchaseOfTreasuryStock		usd
CY2023Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities		usd
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-06479
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	OVERSEAS SHIPHOLDING GROUP, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	13-2637623
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	302 Knights Run Avenue
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Tampa
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	33602
CY2023Q1	dei	City Area Code CityAreaCode	(813)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	209-0600
CY2023Q1	dei	Security12b Title Security12bTitle	Class A Common Stock (par value $0.01 per share)
CY2023Q1	dei	Trading Symbol TradingSymbol	OSG
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	78259721	shares
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	104091000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	78732000	usd
CY2023Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	3936000	usd
CY2022Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	11364000	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	10917000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	19698000	usd
CY2023Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	682000	usd
CY2022Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	1914000	usd
CY2023Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	2905000	usd
CY2022Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	5334000	usd
CY2023Q1	OSG	Inventories Prepaid Expenses And Other Current Assets InventoriesPrepaidExpensesAndOtherCurrentAssets	5662000	usd
CY2022Q4	OSG	Inventories Prepaid Expenses And Other Current Assets InventoriesPrepaidExpensesAndOtherCurrentAssets	2668000	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	124257000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	108346000	usd
CY2023Q1	OSG	Property Plant And Equipment Including Other Net PropertyPlantAndEquipmentIncludingOtherNet	715660000	usd
CY2022Q4	OSG	Property Plant And Equipment Including Other Net PropertyPlantAndEquipmentIncludingOtherNet	726179000	usd
CY2023Q1	OSG	Deferred Drydock Expenditures Net Non Current DeferredDrydockExpendituresNetNonCurrent	36940000	usd
CY2022Q4	OSG	Deferred Drydock Expenditures Net Non Current DeferredDrydockExpendituresNetNonCurrent	38976000	usd
CY2023Q1	OSG	Vessels Deferred Drydock And Other Property Non Current VesselsDeferredDrydockAndOtherPropertyNonCurrent	752600000	usd
CY2022Q4	OSG	Vessels Deferred Drydock And Other Property Non Current VesselsDeferredDrydockAndOtherPropertyNonCurrent	765155000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	16867000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	18017000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	196573000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	206797000	usd
CY2023Q1	us-gaap	Marketable Securities MarketableSecurities	14851000	usd
CY2022Q4	us-gaap	Marketable Securities MarketableSecurities	14803000	usd
CY2023Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	25702000	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	25945000	usd
CY2023Q1	us-gaap	Assets Assets	1130850000	usd
CY2022Q4	us-gaap	Assets Assets	1139063000	usd
CY2023Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	57197000	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	54906000	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	63798000	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	63288000	usd
CY2023Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	4012000	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	4000000	usd
CY2023Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	24517000	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	23733000	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	149524000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	145927000	usd
CY2023Q1	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	177000	usd
CY2022Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	175000	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	138816000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	149960000	usd
CY2023Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	15788000	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	16456000	usd
CY2023Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	393300000	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	399630000	usd
CY2023Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	73518000	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	70233000	usd
CY2023Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	10325000	usd
CY2022Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	16997000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	781448000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	799378000	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	166666666	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	166666666	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	89191275	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	88297439	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	78693369	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	78297439	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	892000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	883000	usd
CY2023Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	597078000	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	597455000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-220884000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-233023000	usd
CY2023Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	10497906	shares
CY2022Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	10000000	shares
CY2023Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	30902000	usd
CY2022Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	29040000	usd
CY2023Q1	OSG	Stockholders Equity Subtotal StockholdersEquitySubtotal	346184000	usd
CY2022Q4	OSG	Stockholders Equity Subtotal StockholdersEquitySubtotal	336275000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3218000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3410000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	349402000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	339685000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1130850000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1139063000	usd
CY2023Q1	OSG	Time And Bareboat Charter Revenues TimeAndBareboatCharterRevenues	84140000	usd
CY2022Q1	OSG	Time And Bareboat Charter Revenues TimeAndBareboatCharterRevenues	57236000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	29651000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	46763000	usd
CY2023Q1	us-gaap	Revenues Revenues	113791000	usd
CY2022Q1	us-gaap	Revenues Revenues	103999000	usd
CY2023Q1	OSG	Voyage Expenses VoyageExpenses	9056000	usd
CY2022Q1	OSG	Voyage Expenses VoyageExpenses	10074000	usd
CY2023Q1	OSG	Vessel Expenses VesselExpenses	42571000	usd
CY2022Q1	OSG	Vessel Expenses VesselExpenses	40798000	usd
CY2023Q1	OSG	Charter Hire Expenses CharterHireExpenses	15737000	usd
CY2022Q1	OSG	Charter Hire Expenses CharterHireExpenses	21996000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16048000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16493000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7843000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	6938000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	91255000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	96299000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	22536000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	7700000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1080000	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	97000	usd
CY2023Q1	OSG	Lossincome Before Interest Expense And Income Taxes LossincomeBeforeInterestExpenseAndIncomeTaxes	23616000	usd
CY2022Q1	OSG	Lossincome Before Interest Expense And Income Taxes LossincomeBeforeInterestExpenseAndIncomeTaxes	7797000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	8156000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	8365000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	15460000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-568000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3321000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-59000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-509000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82006666	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	90856688	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85340906	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	90856688	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-509000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax	208000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax	180000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	16000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-192000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-180000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	11947000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-689000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-509000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16048000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16493000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	282000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	274000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	800000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	656000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3287000	usd
CY2022Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-86000	usd
CY2023Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	370000	usd
CY2022Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	416000	usd
CY2023Q1	OSG	Noncash Operating Lease Expense NoncashOperatingLeaseExpense	15892000	usd
CY2022Q1	OSG	Noncash Operating Lease Expense NoncashOperatingLeaseExpense	22317000	usd
CY2023Q1	OSG	Payments For Drydocking PaymentsForDrydocking	1918000	usd
CY2022Q1	OSG	Payments For Drydocking PaymentsForDrydocking	3236000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-16292000	usd
CY2022Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-22846000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-5088000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	11694000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	35696000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1785000	usd
CY2023Q1	OSG	Payment To Acquire Property Plant And Equipment PaymentToAcquirePropertyPlantAndEquipment	454000	usd
CY2022Q1	OSG	Payment To Acquire Property Plant And Equipment PaymentToAcquirePropertyPlantAndEquipment	1058000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-454000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1058000	usd
CY2023Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	5787000	usd
CY2022Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	5420000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1168000	usd
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	370000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1026000	usd
CY2022Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1026000	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	40000	usd
CY2022Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	261000	usd
CY2023Q1	OSG	Payments For Repurchase Of Treasury Stock PaymentsForRepurchaseOfTreasuryStock	1862000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9883000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-7077000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	25359000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-6350000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	78732000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	83253000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	104091000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	76903000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	338614000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	338614000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-509000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-180000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-370000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	656000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	338211000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	338211000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	339685000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	339685000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-192000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-1168000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	800000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Treasury Stock Reissued StockIssuedDuringPeriodValueTreasuryStockReissued	-1862000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	349402000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	349402000	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	166666666	shares
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	166666666	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	89191275	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	87698624	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	78693369	shares
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	87698624	shares
CY2023Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	18372136	shares
CY2022Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	19051778	shares
CY2023Q1	us-gaap	Revenues Revenues	113791000	usd
CY2022Q1	us-gaap	Revenues Revenues	103999000	usd
CY2023Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	8586000	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	9258000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-509000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82006666	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	90856688	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85340906	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	90856688	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3334240	shares
CY2023Q1	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	14851000	usd
CY2023Q1	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	252000	usd
CY2023Q1	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	14599000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	14803000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	328000	usd
CY2022Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	14475000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	104091000	usd
CY2023Q1	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	14851000	usd
CY2023Q1	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	118942000	usd
CY2023Q1	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	417817000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	78732000	usd
CY2022Q4	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	14803000	usd
CY2022Q4	us-gaap	Assets Fair Value Disclosure AssetsFairValueDisclosure	93535000	usd
CY2022Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	423363000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3321000	usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-59000	usd
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.215	pure
CY2022Q1	us-gaap	Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate	0.104	pure
CY2023Q1	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	497906	shares
CY2023Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1862000	usd
CY2023Q1	OSG	Stock Repurchased During Period Per Share Amount StockRepurchasedDuringPeriodPerShareAmount	3.74
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Rights ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingRights	20% vests on the first anniversary of the grant date, 30% vests on the second anniversary of the grant date, and 50% vests on the third anniversary of the grant date.
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	3218000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	3410000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3218000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3410000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	1000000	usd

Files In Submission

Name	View Source	Status
osg-20230331_def.xml	Edgar Link	unprocessable
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0001493152-23-015784-index.html	Edgar Link	pending
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ex10-3.htm	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
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ex32.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
osg-20230331.xsd	Edgar Link	pending
osg-20230331_cal.xml	Edgar Link	unprocessable
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
osg-20230331_lab.xml	Edgar Link	unprocessable
osg-20230331_pre.xml	Edgar Link	unprocessable

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OVERSEAS SHIPHOLDING GROUP INC

2023 Q2 Form 10-Q Financial Statement

#000149315223015784 Filed on May 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission