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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - Finco - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended
Feb. 05, 2021
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2021
Jun. 30, 2022
Operating revenues          
Operating revenues $ 77,481 $ 275,153 $ 219,343 $ 311,776 $ 485,383
Operating costs and expenses          
Depreciation and amortization 20,622 26,636 25,339 39,583 52,241
General and administrative 5,727 16,687 25,030 32,957 34,211
Merger and integration costs 0 9,057 6,740 8,753 18,578
(Gain) loss on sale of operating assets, net 0 1,103 0 0 (3,459)
Hurricane losses and (recoveries), net 0 (14,407) 0 0 2,805
Total operating costs and expenses 76,051 227,554 263,892 374,709 472,415
Operating income (loss) 1,430 47,599 (44,549) (62,933) 12,968
Other income (expense)          
Interest expense, net of amounts capitalized (229) (7,715) (7,863) (14,758) (15,395)
Interest income and other, net 399 1,081 6,509 6,517 1,531
Reorganization items, net 252,051     0 0
Income (loss) before income taxes 253,651 40,965 18,576 (6,695) (896)
Income tax (provision) benefit (3,423) (3,908) 1,859 8,906 1,297
Net income (loss) 250,228 37,057 20,435 2,211 401
Contract drilling services          
Operating revenues          
Operating revenues 74,051 262,463 199,897 284,526 457,498
Operating costs and expenses          
Cost of services 46,965 178,145 188,712 268,301 344,228
Reimbursables and other          
Operating revenues          
Operating revenues 3,430 12,690 19,446 27,250 27,885
Operating costs and expenses          
Cost of services 2,737 10,333 18,071 25,115 23,811
Noble Finance Company          
Operating revenues          
Operating revenues 77,481 275,153 219,343 311,776 485,383
Operating costs and expenses          
Depreciation and amortization 20,631 26,605 25,330 39,573 52,187
General and administrative 5,729 12,065 14,307 18,918 28,035
Merger and integration costs 0 0 2,950 2,950 395
(Gain) loss on sale of operating assets, net 0     0 (4,562)
Hurricane losses and (recoveries), net 0 (14,407) 0 0 2,805
Total operating costs and expenses 75,800 212,130 248,535 353,794 445,860
Operating income (loss) 1,681 63,023 (29,192) (42,018) 39,523
Other income (expense)          
Interest expense, net of amounts capitalized (229) (7,715) (7,863) (14,758) (15,395)
Interest income and other, net 400 1,084 6,506 6,514 1,534
Reorganization items, net 195,395     0 0
Income (loss) before income taxes 197,247 56,392 (30,549) (50,262) 25,662
Income tax (provision) benefit (3,422) (3,908) 1,859 8,906 1,297
Net income (loss) 193,825 52,484 (28,690) (41,356) 26,959
Noble Finance Company | Contract drilling services          
Operating revenues          
Operating revenues 74,051 262,463 199,897 284,526 457,498
Operating costs and expenses          
Cost of services 46,703 177,534 187,877 267,238 343,189
Noble Finance Company | Reimbursables and other          
Operating revenues          
Operating revenues 3,430 12,690 19,446 27,250 27,885
Operating costs and expenses          
Cost of services $ 2,737 $ 10,333 $ 18,071 $ 25,115 $ 23,811