Put Warrant Accounting Methodology News

Hornbeck Offshore Reports 4Q Results

Hornbeck Offshore Services, Inc. same quarter in 2001. quarter in 2001. the fourth quarter 2001. 2001. 2001 was primarily related to the new vessels. 2002. Company’s Form S-1 with the Securities and Exchange Commission. anticipation of the Company filing a Form S-1 during 2002. in October 2001 and therefore did not affect the operating results for 2002. to interest expense during the fourth quarter 2001 related to the put warrants. million in calendar 2001. revenues. million for the calendar year 2001. during 2002 compared to 2001. previously outstanding put warrants, as discussed above.