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Segment Information (Tables)
3 Months Ended
Dec. 31, 2014
Segment Information  
Summary of financial information of the entity's reportable segments for continuing operations

 

 

 

 

 

 

 

 

 

Segment

 

 

 

External

 

Inter-

 

Total

 

Operating

 

(in thousands)

 

Sales

 

Segment

 

Sales

 

Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

 

 

 

 

 

 

Contract Drilling:

 

 

 

 

 

 

 

 

 

U.S. Land

 

$

890,047

 

$

 

$

890,047

 

$

318,122

 

Offshore

 

69,473

 

 

69,473

 

21,484

 

International Land

 

92,885

 

 

92,885

 

12,214

 

 

 

1,052,405

 

 

1,052,405

 

351,820

 

Other

 

4,180

 

222

 

4,402

 

(1,899

)

 

 

1,056,585

 

222

 

1,056,807

 

349,921

 

Eliminations

 

 

(222

)

(222

)

 

Total

 

$

1,056,585

 

$

 

$

1,056,585

 

$

349,921

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment

 

 

 

External

 

Inter-

 

Total

 

Operating

 

(in thousands)

 

Sales

 

Segment

 

Sales

 

Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

December 31, 2013

 

 

 

 

 

 

 

 

 

Contract Drilling:

 

 

 

 

 

 

 

 

 

U.S. Land

 

$

731,674

 

$

 

$

731,674

 

$

250,952

 

Offshore

 

59,054

 

 

59,054

 

18,498

 

International Land

 

95,341

 

 

95,341

 

12,751

 

 

 

886,069

 

 

886,069

 

282,201

 

Other

 

3,083

 

220

 

3,303

 

(3,005

)

 

 

889,152

 

220

 

889,372

 

279,196

 

Eliminations

 

 

(220

)

(220

)

 

Total

 

$

889,152

 

$

 

$

889,152

 

$

279,196

 

 

Schedule of reconciliation of segment operating income to income from continuing operations before income taxes

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2014

 

2013

 

 

 

(in thousands)

 

 

 

 

 

 

 

Segment operating income

 

$

349,921

 

$

279,196

 

Income from asset sales

 

4,155

 

5,664

 

Corporate general and administrative costs and corporate depreciation

 

(22,257

)

(20,829

)

Operating income

 

331,819

 

264,031

 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

Interest and dividend income

 

285

 

453

 

Interest expense

 

(561

)

(1,194

)

Gain on sale of investment securities

 

 

 

Other

 

314

 

(345

)

Total other income (expense)

 

38

 

(1,086

)

 

 

 

 

 

 

Income from continuing operations before income taxes

 

$

331,857

 

$

262,945

 

 

Schedule of total assets by reportable segments

 

 

 

December 31,

 

September 30,

 

 

 

2014

 

2014

 

 

 

(in thousands)

 

 

 

 

 

Total assets

 

 

 

 

 

U.S. Land

 

$

5,451,403 

 

$

5,260,810 

 

Offshore

 

138,539 

 

137,101 

 

International Land

 

650,872 

 

589,968 

 

Other

 

40,612 

 

40,080 

 

 

 

6,281,426 

 

6,027,959 

 

Investments and corporate operations

 

512,696 

 

686,696 

 

Total assets from continued operations

 

6,794,122 

 

6,714,655 

 

Discontinued operations

 

7,397 

 

7,206 

 

 

 

$

6,801,519 

 

$

6,721,861 

 

 

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

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2014

 

2013

 

 

 

(in thousands)

 

 

 

 

 

Operating revenues

 

 

 

 

 

United States

 

$

956,281 

 

$

788,691 

 

Colombia

 

23,451 

 

26,730 

 

Argentina

 

25,083 

 

26,359 

 

Ecuador

 

15,194 

 

17,800 

 

Other foreign

 

36,576 

 

29,572 

 

Total

 

$

1,056,585 

 

$

889,152