OVERSEAS SHIPHOLDING GROUP INC

$ Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000149315224018632 Filed on May 10, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1

Balance Sheet

Concept	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$97.15M	$118.9M
YoY Change	-18.32%	54.66%
Cash & Equivalents	$82.20M	$104.1M
Short-Term Investments	$14.95M	$14.85M
Other Short-Term Assets
YoY Change
Inventory	$6.682M	$5.662M
Prepaid Expenses
Receivables	$9.415M	$10.92M
Other Receivables	$2.275M	$2.905M
Total Short-Term Assets	$116.0M	$124.3M
YoY Change	-6.67%	14.17%
LONG-TERM ASSETS
Property, Plant & Equipment	$888.3M	$912.2M
YoY Change	-2.63%	3.08%
Goodwill
YoY Change
Intangibles	$12.27M	$16.87M
YoY Change	-27.27%
Long-Term Investments		$14.85M
YoY Change
Other Assets	$34.65M	$25.70M
YoY Change	34.82%	-62.88%
Total Long-Term Assets	$980.9M	$1.007B
YoY Change	-2.56%	3.17%
TOTAL ASSETS
Total Short-Term Assets	$116.0M	$124.3M
Total Long-Term Assets	$980.9M	$1.007B
Total Assets	$1.097B	$1.131B
YoY Change	-3.01%	4.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$48.82M	$57.20M
YoY Change	-14.65%	24.35%
Accrued Expenses	$64.78M	$63.80M
YoY Change	1.54%	-31.8%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$56.21M	$24.52M
YoY Change	129.25%	-7.81%
Total Short-Term Liabilities	$174.1M	$149.5M
YoY Change	16.47%	-10.0%
LONG-TERM LIABILITIES
Long-Term Debt	$338.2M	$393.3M
YoY Change	-14.01%	-9.61%
Other Long-Term Liabilities	$10.61M	$10.33M
YoY Change	2.71%	-87.32%
Total Long-Term Liabilities	$348.8M	$403.6M
YoY Change	-13.58%	-21.86%
TOTAL LIABILITIES
Total Short-Term Liabilities	$174.1M	$149.5M
Total Long-Term Liabilities	$348.8M	$403.6M
Total Liabilities	$734.0M	$781.4M
YoY Change	-6.08%	4.71%
SHAREHOLDERS EQUITY
Retained Earnings	-$164.5M	-$220.9M
YoY Change	-25.51%
Common Stock	$588.0M	$598.0M
YoY Change	-1.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$362.9M	$349.4M
YoY Change
Total Liabilities & Shareholders Equity	$1.097B	$1.131B
YoY Change	-3.01%	4.27%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2024Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2024Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000075208
CY2024Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense		usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends		usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments		usd
CY2024Q1	OSG	Payments For Repurchase Of Treasury Stock PaymentsForRepurchaseOfTreasuryStock		usd
CY2023Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities		usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears		usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter		usd
CY2024Q1	dei	Document Type DocumentType	10-Q
CY2024Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2024Q1	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2024Q1	dei	Entity File Number EntityFileNumber	001-06479
CY2024Q1	dei	Entity Registrant Name EntityRegistrantName	OVERSEAS SHIPHOLDING GROUP, INC.
CY2024Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2024Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	13-2637623
CY2024Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	302 Knights Run Avenue
CY2024Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Tampa
CY2024Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
CY2024Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	33602
CY2024Q1	dei	City Area Code CityAreaCode	(813)
CY2024Q1	dei	Local Phone Number LocalPhoneNumber	209-0600
CY2024Q1	dei	Security12b Title Security12bTitle	Class A Common Stock (par value $0.01 per share)
CY2024Q1	dei	Trading Symbol TradingSymbol	OSG
CY2024Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2024Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2024Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2024Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024Q1	dei	Entity Shell Company EntityShellCompany	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	72030977	shares
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	82203000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	76257000	usd
CY2024Q1	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	14950000	usd
CY2023Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	14900000	usd
CY2024Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	4081000	usd
CY2023Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	4976000	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	9415000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	17362000	usd
CY2024Q1	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	447000	usd
CY2023Q4	us-gaap	Income Taxes Receivable IncomeTaxesReceivable	407000	usd
CY2024Q1	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	2275000	usd
CY2023Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	3140000	usd
CY2024Q1	OSG	Inventories Prepaid Expenses And Other Current Assets InventoriesPrepaidExpensesAndOtherCurrentAssets	6682000	usd
CY2023Q4	OSG	Inventories Prepaid Expenses And Other Current Assets InventoriesPrepaidExpensesAndOtherCurrentAssets	2522000	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	115972000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	114588000	usd
CY2024Q1	OSG	Property Plant And Equipment Including Other Net PropertyPlantAndEquipmentIncludingOtherNet	695633000	usd
CY2023Q4	OSG	Property Plant And Equipment Including Other Net PropertyPlantAndEquipmentIncludingOtherNet	699032000	usd
CY2024Q1	OSG	Deferred Drydock Expenditures Net Non Current DeferredDrydockExpendituresNetNonCurrent	45680000	usd
CY2023Q4	OSG	Deferred Drydock Expenditures Net Non Current DeferredDrydockExpendituresNetNonCurrent	44827000	usd
CY2024Q1	OSG	Vessels Deferred Drydock And Other Property Non Current VesselsDeferredDrydockAndOtherPropertyNonCurrent	741313000	usd
CY2023Q4	OSG	Vessels Deferred Drydock And Other Property Non Current VesselsDeferredDrydockAndOtherPropertyNonCurrent	743859000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	12267000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	13417000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	192636000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	172703000	usd
CY2024Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	34652000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	34317000	usd
CY2024Q1	us-gaap	Assets Assets	1096840000	usd
CY2023Q4	us-gaap	Assets Assets	1078884000	usd
CY2024Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	53165000	usd
CY2023Q4	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	60911000	usd
CY2024Q1	us-gaap	Long Term Debt Current LongTermDebtCurrent	56205000	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	43305000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	64779000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	65272000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	174149000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	169488000	usd
CY2024Q1	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	295000	usd
CY2023Q4	us-gaap	Liability For Uncertain Tax Positions Noncurrent LiabilityForUncertainTaxPositionsNoncurrent	285000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	338215000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	357406000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	82511000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	79373000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	128191000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	107911000	usd
CY2024Q1	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	10605000	usd
CY2023Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	10368000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	733966000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	724831000	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	166666666	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	166666666	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	90323906	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	89545535	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	71724847	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	70946476	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	903000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	895000	usd
CY2024Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	587087000	usd
CY2023Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	588361000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-164534000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-174825000	usd
CY2024Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	18599059	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	18599059	shares
CY2024Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	64380000	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	64380000	usd
CY2024Q1	OSG	Stockholders Equity Subtotal StockholdersEquitySubtotal	359076000	usd
CY2023Q4	OSG	Stockholders Equity Subtotal StockholdersEquitySubtotal	350051000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3798000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	4002000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	362874000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	354053000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1096840000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1078884000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	117497000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	113791000	usd
CY2024Q1	OSG	Voyage Expenses VoyageExpenses	6805000	usd
CY2023Q1	OSG	Voyage Expenses VoyageExpenses	9056000	usd
CY2024Q1	OSG	Vessel Expenses VesselExpenses	42038000	usd
CY2023Q1	OSG	Vessel Expenses VesselExpenses	42571000	usd
CY2024Q1	OSG	Charter Hire Expenses CharterHireExpenses	16818000	usd
CY2023Q1	OSG	Charter Hire Expenses CharterHireExpenses	15737000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	17994000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16048000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	10354000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7843000	usd
CY2024Q1	us-gaap	Operating Expenses OperatingExpenses	94009000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	91255000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	23488000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	22536000	usd
CY2024Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1235000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1080000	usd
CY2024Q1	OSG	Income Loss Before Interest Expense And Income Taxes IncomeLossBeforeInterestExpenseAndIncomeTaxes	24723000	usd
CY2023Q1	OSG	Income Loss Before Interest Expense And Income Taxes IncomeLossBeforeInterestExpenseAndIncomeTaxes	23616000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	6782000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	8156000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	17941000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	15460000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3300000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3321000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	14641000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	71901503	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82006666	shares
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-9883000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	75159109	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85340906	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.20
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.15
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.19
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	14641000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax	179000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax	208000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	-25000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	16000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-204000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-192000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14437000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	11947000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	14641000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	17994000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16048000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	283000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	282000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	918000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	800000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3148000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	3287000	usd
CY2023Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	370000	usd
CY2024Q1	OSG	Noncash Operating Lease Expense NoncashOperatingLeaseExpense	16986000	usd
CY2023Q1	OSG	Noncash Operating Lease Expense NoncashOperatingLeaseExpense	15892000	usd
CY2024Q1	OSG	Payments For Drydocking PaymentsForDrydocking	5456000	usd
CY2023Q1	OSG	Payments For Drydocking PaymentsForDrydocking	1918000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-17133000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-16292000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	6638000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-5088000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	24743000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	35696000	usd
CY2024Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	5782000	usd
CY2023Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	454000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5782000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-454000	usd
CY2024Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	6571000	usd
CY2023Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	5787000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2184000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1168000	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	4256000	usd
CY2024Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	4000	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	40000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	1026000	usd
CY2023Q1	OSG	Payments For Repurchase Of Treasury Stock PaymentsForRepurchaseOfTreasuryStock	1862000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-13015000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5946000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	25359000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	76257000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	78732000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	82203000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	104091000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	339685000	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	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	800000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Treasury Stock Reissued StockIssuedDuringPeriodValueTreasuryStockReissued	-1862000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	349402000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	354053000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	354053000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	14641000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-204000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-2184000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	918000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Stock Dividend StockIssuedDuringPeriodValueStockDividend	4350000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	362874000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	362874000	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	166666666	shares
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	166666666	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	90323906	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	89191275	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	71724847	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	78693369	shares
CY2024Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	4229904	shares
CY2023Q1	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	18372136	shares
CY2023Q4	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	14900000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	148000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	117497000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	113791000	usd
CY2024Q1	us-gaap	Contract With Customer Receivable After Allowance For Credit Loss ContractWithCustomerReceivableAfterAllowanceForCreditLoss	4386000	usd
CY2023Q4	us-gaap	Contract With Customer Receivable After Allowance For Credit Loss ContractWithCustomerReceivableAfterAllowanceForCreditLoss	7768000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	14641000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	12139000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	71901503	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	82006666	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	75159109	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	85340906	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3257606	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	3334240	shares
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	0	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	297818	shares
CY2024Q1	us-gaap	Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	14950000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	114000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	14836000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	14752000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3300000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3321000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.184	pure
CY2023Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.215	pure
CY2024Q1	us-gaap	Dividends Payable Amount Per Share DividendsPayableAmountPerShare	0.06
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	3798000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax	4002000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3798000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	4002000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	7061000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	9371000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	9371000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	9371000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	9397000	usd
CY2024Q1	OSG	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	14019000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	34003000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	294428000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	306517000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	171306000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	64559000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	836810000	usd

Files In Submission

Name	View Source	Status
0001493152-24-018632-index-headers.html	Edgar Link	pending
0001493152-24-018632-index.html	Edgar Link	pending
0001493152-24-018632.txt	Edgar Link	pending
0001493152-24-018632-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
osg-20240331.xsd	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
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R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
osg-20240331_cal.xml	Edgar Link	unprocessable
osg-20240331_def.xml	Edgar Link	unprocessable
osg-20240331_lab.xml	Edgar Link	unprocessable
osg-20240331_pre.xml	Edgar Link	unprocessable
form10-q_htm.xml	Edgar Link	completed
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
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R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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OVERSEAS SHIPHOLDING GROUP INC

2024 Q2 Form 10-Q Financial Statement

#000149315224018632 Filed on May 10, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission