XML 50 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Sep. 30, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 447,868 $ 96,095
Accounts receivable, less reserve of $4,795 in 2013 and $942 in 2012 621,420 620,489
Inventories 88,866 78,777
Deferred income taxes 16,414 17,555
Prepaid expenses and other 79,938 74,693
Current assets of discontinued operations 3,705 7,619
Total current assets 1,258,211 895,228
INVESTMENTS 316,154 451,144
PROPERTY, PLANT AND EQUIPMENT, at cost:    
Contract drilling equipment 6,493,606 5,743,354
Construction in progress 153,252 215,754
Real estate properties 63,542 62,177
Other 310,515 284,813
PROPERTY, PLANT AND EQUIPMENT, gross 7,020,915 6,306,098
Less-Accumulated depreciation 2,344,812 1,954,527
Net property, plant and equipment 4,676,103 4,351,571
NONCURRENT ASSETS:    
Other assets 14,359 23,142
TOTAL ASSETS 6,264,827 5,721,085
CURRENT LIABILITIES:    
Accounts payable 144,379 159,420
Accrued liabilities 189,684 176,615
Long-term debt due within one year 115,000 40,000
Current liabilities of discontinued operations 3,210 5,129
Total current liabilities 452,273 381,164
NONCURRENT LIABILITIES:    
Long-term debt 80,000 195,000
Deferred income taxes 1,222,981 1,209,040
Other 65,351 98,393
Noncurrent liabilities of discontinued operations 495 2,490
Total noncurrent liabilities 1,368,827 1,504,923
SHAREHOLDERS' EQUITY:    
Common stock, $.10 par value, 160,000,000 shares authorized, 108,738,577 and 107,598,889 shares issued as of September 30, 2013 and 2012, respectively, and 106,716,970 and 105,697,693 shares outstanding as of September 30, 2013 and 2012, respectively 10,874 10,760
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued      
Additional paid-in capital 288,758 236,240
Retained earnings 4,102,663 3,505,295
Accumulated other comprehensive income 132,530 166,807
Total shareholders' equity before treasury stock 4,534,825 3,919,102
Less treasury stock, 2,021,607 shares in 2013 and 1,901,196 shares in 2012, at cost 91,098 84,104
Total shareholders' equity 4,443,727 3,834,998
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 6,264,827 $ 5,721,085