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Segment Information (Tables)
3 Months Ended
Dec. 31, 2012
Segment Information  
Summarized financial information of reportable segments

 

 

 

 

 

 

 

Segment

 

 

 

External

 

Inter-

 

Total

 

Operating

 

(in thousands)

 

Sales

 

Segment

 

Sales

 

Income (Loss)

 

December 31, 2012

 

 

 

 

 

 

 

 

 

Contract Drilling:

 

 

 

 

 

 

 

 

 

U.S. Land

 

$

696,030

 

$

 

$

696,030

 

$

234,388

 

Offshore

 

57,718

 

 

57,718

 

15,006

 

International Land

 

87,267

 

 

87,267

 

9,111

 

 

 

841,015

 

 

841,015

 

258,505

 

Other

 

3,557

 

215

 

3,772

 

(1,635

)

 

 

844,572

 

215

 

844,787

 

256,870

 

Eliminations

 

 

(215

)

(215

)

 

Total

 

$

844,572

 

$

 

$

844,572

 

$

256,870

 

 

 

 

 

 

 

 

 

 

Segment

 

 

 

External

 

Inter-

 

Total

 

Operating

 

(in thousands)

 

Sales

 

Segment

 

Sales

 

Income (Loss)

 

December 31, 2011

 

 

 

 

 

 

 

 

 

Contract Drilling:

 

 

 

 

 

 

 

 

 

U.S. Land

 

$

617,779

 

$

 

$

617,779

 

$

224,706

 

Offshore

 

50,792

 

 

50,792

 

12,204

 

International Land

 

60,735

 

 

60,735

 

7,939

 

 

 

729,306

 

 

729,306

 

244,849

 

Other

 

3,282

 

210

 

3,492

 

(1,788

)

 

 

732,588

 

210

 

732,798

 

243,061

 

Eliminations

 

 

(210

)

(210

)

 

Total

 

$

732,588

 

$

 

$

732,588

 

$

243,061

 

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

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2012

 

2011

 

 

 

(in thousands)

 

 

 

 

 

 

 

Segment operating income

 

$

256,870

 

$

243,061

 

Income from asset sales

 

5,219

 

4,683

 

Corporate general and administrative costs and corporate depreciation

 

(21,542

)

(17,205

)

Operating income

 

240,547

 

230,539

 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

Interest and dividend income

 

426

 

336

 

Interest expense

 

(1,308

)

(2,461

)

Gain on sale of investment securities

 

8,752

 

 

Other

 

(2,084

)

21

 

Total other income (expense)

 

5,786

 

(2,104

)

 

 

 

 

 

 

Income from continuing operations before income taxes

 

$

246,333

 

$

228,435

 

Reconciliation of total assets from reportable segments to consolidated assets

 

 

 

 

December 31,

 

September 30,

 

 

 

2012

 

2012

 

 

 

(in thousands)

 

Total assets

 

 

 

 

 

U.S. Land

 

$

4,529,162

 

$

4,422,297

 

Offshore

 

161,086

 

160,135

 

International Land

 

461,010

 

467,538

 

Other

 

33,153

 

33,539

 

 

 

5,184,411

 

5,083,509

 

Investments and corporate operations

 

742,089

 

629,957

 

Total assets from continued operations

 

5,926,500

 

5,713,466

 

Discontinued operations

 

7,788

 

7,619

 

 

 

$

5,934,288

 

$

5,721,085

 

 

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

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2012

 

2011

 

 

 

(in thousands)

 

Operating revenues

 

 

 

 

 

United States

 

$

756,485

 

$

662,351

 

Colombia

 

27,405

 

19,665

 

Ecuador

 

16,630

 

12,636

 

Argentina

 

13,596

 

12,407

 

Other foreign

 

30,456

 

25,529

 

Total

 

$

844,572

 

$

732,588