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Segment Information (Tables)

9 Months Ended

Jun. 30, 2012

Segment Information

Summarized financial information of reportable segments

Summarized financial information of our reportable segments for the nine months ended June 30, 2012, and 2011, is shown in the following tables:

											Segment
		External			Inter-			Total			Operating
(in thousands)		Sales			Segment			Sales			Income (Loss)
June 30, 2012
Contract Drilling:
U.S. Land		$	1,983,369		$	—		$	1,983,369		$	670,349
Offshore		135,830			—			135,830			29,742
International Land		192,305			—			192,305			13,240
		2,311,504			—			2,311,504			713,331
Other		10,851			629			11,480			(5,782		)
		2,322,355			629			2,322,984			707,549
Eliminations		—			(629		)	(629		)	—
Total		$	2,322,355		$	—		$	2,322,355		$	707,549

											Segment
		External			Inter-			Total			Operating
(in thousands)		Sales			Segment			Sales			Income (Loss)
June 30, 2011
Contract Drilling:
U.S. Land		$	1,511,649		$	—		$	1,511,649		$	499,482
Offshore		150,022			—			150,022			33,420
International Land		169,689			—			169,689			16,186
		1,831,360			—			1,831,360			549,088
Other		11,783			627			12,410			(5,044		)
		1,843,143			627			1,843,770			544,044
Eliminations		—			(627		)	(627		)	—
Total		$	1,843,143		$	—		$	1,843,143		$	544,044

Summarized financial information of our reportable segments for the three months ended June 30, 2012, and 2011, is shown in the following tables:

											Segment
		External			Inter-			Total			Operating
(in thousands)		Sales			Segment			Sales			Income (Loss)
June 30, 2012
Contract Drilling:
U.S. Land		$	706,786		$	—		$	706,786		$	235,684
Offshore		41,617			—			41,617			7,720
International Land		67,482			—			67,482			6,275
		815,885			—			815,885			249,679
Other		3,900			209			4,109			(2,161		)
		819,785			209			819,994			247,518
Eliminations		—			(209		)	(209		)	—
Total		$	819,785		$	—		$	819,785		$	247,518

		External			Inter-			Total			Segment Operating
(in thousands)		Sales			Segment			Sales			Income (Loss)
June 30, 2011
Contract Drilling:
U.S. Land		$	539,372		$	—		$	539,372		$	176,832
Offshore		54,569			—			54,569			12,944
International Land		46,051			—			46,051			(624		)
		639,992			—			639,992			189,152
Other		4,103			208			4,311			(2,078		)
		644,095			208			644,303			187,074
Eliminations		—			(208		)	(208		)	—
Total		$	644,095		$	—		$	644,095		$	187,074

Reconciliation of segment operating income to income from continuing operations before income taxes

		Three Months Ended						Nine Months Ended
		June 30,						June 30,
		2012			2011			2012			2011
		(in thousands)						(in thousands)

Segment operating income		$	247,518		$	187,074		$	707,549		$	544,044
Income from asset sales		1,862			3,488			14,365			10,262
Corporate general and administrative costs and corporate depreciation		(16,725		)	(16,144		)	(51,695		)	(44,897		)
Operating income		232,655			174,418			670,219			509,409

Other income (expense):
Interest and dividend income		329			903			1,021			1,573
Interest expense		(2,411		)	(3,221		)	(7,293		)	(13,185		)
Gain on sale of investment securities		—			913			—			913
Other		309			(190		)	288			208
Total other income (expense)		(1,773		)	(1,595		)	(5,984		)	(10,491		)

Income from continuing operations before income taxes		$	230,882		$	172,823		$	664,235		$	498,918

Reconciliation of total assets from reportable segments to consolidated assets

		June 30,			September 30,
		2012			2011
		(in thousands)
Total assets
U.S. Land		$	4,288,724		$	3,719,387
Offshore		145,921			151,656
International Land		421,331			333,142
Other		34,341			35,076
		4,890,317			4,239,261
Investments and corporate operations		620,406			757,101
Total assets from continued operations		5,510,723			4,996,362
Discontinued operations		7,578			7,529
		$	5,518,301		$	5,003,891

Revenues from external customers by country based on the location of service provided

		Three Months Ended						Nine Months Ended
		June 30,						June 30,
		2012			2011			2012			2011
		(in thousands)						(in thousands)

Operating revenues
United States		$	751,387		$	587,307		$	2,113,479		$	1,641,929
Colombia		19,046			16,797			58,371			55,372
Ecuador		15,178			9,105			41,753			29,222
Argentina		13,845			9,121			37,953			34,019
Other foreign		20,329			21,765			70,799			82,601
Total		$	819,785		$	644,095		$	2,322,355		$	1,843,143

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

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Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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