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Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues:        
Total revenues $ 361,518 $ 296,855 $ 732,415 $ 542,909
Expenses:        
General and administrative, including stock-based compensation of $3,200 and $2,078 in three months and $5,372 and $3,758 in six months ended June 30, 2012 and 2011, respectively 45,540 34,138 86,898 65,479
Depreciation and amortization 45,536 34,784 89,520 67,764
(Gain) loss on disposal of assets 980 942 2,699 (763)
Total expenses 325,070 255,181 649,459 473,883
Operating income 36,448 41,674 82,956 69,026
Other income (expense):        
Interest expense (14,832) (11,842) (30,055) (23,184)
Interest income 11 23 23 28
Loss on early extinguishment of debt       (49,366)
Other income (expense) 215 102 364 259
Income (loss) from continuing operations before income taxes 21,842 29,957 53,288 (3,237)
Income tax benefit (expense) (7,105) (13,407) (18,920) 1,294
Net income (loss) 14,737 16,550 34,368 (1,943)
Earnings per share of common stock:        
Basic $ 0.36 $ 0.41 $ 0.84 $ (0.05)
Diluted $ 0.36 $ 0.40 $ 0.82 $ (0.05)
Completion and remedial services
       
Revenues:        
Total revenues 156,560 121,807 320,980 219,314
Expenses:        
Service Expenses 93,098 68,827 190,123 123,760
Depreciation and amortization 13,644 9,841 26,495 17,909
Fluid services
       
Revenues:        
Total revenues 90,592 81,415 185,917 153,760
Expenses:        
Service Expenses 58,221 51,688 121,068 99,916
Depreciation and amortization 12,530 10,359 24,326 19,764
Well servicing
       
Revenues:        
Total revenues 98,723 83,881 194,625 153,028
Expenses:        
Service Expenses 71,864 57,409 139,114 105,849
Depreciation and amortization 14,574 10,398 28,915 22,351
Contract drilling
       
Revenues:        
Total revenues 15,643 9,752 30,893 16,807
Expenses:        
Service Expenses $ 9,831 $ 7,393 $ 20,037 $ 11,878