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Segment Information (Tables)
3 Months Ended
Dec. 31, 2015
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, 2015

 

 

 

 

 

 

 

 

 

Contract Drilling:

 

 

 

 

 

 

 

 

 

U.S. Land

 

$

369,805

 

$

 

$

369,805

 

$

55,532

 

Offshore

 

41,880

 

 

41,880

 

7,722

 

International Land

 

72,194

 

 

72,194

 

(6,665

)

 

 

 

 

 

 

 

 

 

 

 

 

483,879

 

 

483,879

 

56,589

 

Other

 

3,968

 

219

 

4,187

 

(1,304

)

 

 

 

 

 

 

 

 

 

 

 

 

487,847

 

219

 

488,066

 

55,285

 

Eliminations

 

 

(219

)

(219

)

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

487,847

 

$

 

$

487,847

 

$

55,285

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment

 

 

 

External

 

Inter-

 

Total

 

Operating

 

(in thousands)

 

Sales

 

Segment

 

Sales

 

Income (Loss)

 

December 31, 2014, as adjusted

 

 

 

 

 

 

 

 

 

Contract Drilling:

 

 

 

 

 

 

 

 

 

U.S. Land

 

$

890,047

 

$

 

$

890,047

 

$

318,129

 

Offshore

 

69,887

 

 

69,887

 

21,662

 

International Land

 

96,673

 

 

96,673

 

10,561

 

 

 

 

 

 

 

 

 

 

 

 

 

1,056,607

 

 

1,056,607

 

350,352

 

Other

 

4,180

 

222

 

4,402

 

(1,899

)

 

 

 

 

 

 

 

 

 

 

 

 

1,060,787

 

222

 

1,061,009

 

348,453

 

Eliminations

 

 

(222

)

(222

)

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

1,060,787

 

$

 

$

1,060,787

 

$

348,453

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2015

 

2014
(as adjusted)

 

 

 

(in thousands)

 

 

 

 

 

 

 

Segment operating income

 

$

55,285

 

$

348,453

 

Income from asset sales

 

4,589

 

4,173

 

Corporate general and administrative costs and corporate depreciation

 

(21,204

)

(22,255

)

 

 

 

 

 

 

Operating income

 

38,670

 

330,371

 

 

 

 

 

 

 

 

 

 

 

 

 

Other income (expense):

 

 

 

 

 

Interest and dividend income

 

733

 

295

 

Interest expense

 

(4,524

)

(590

)

Other

 

(261

)

314

 

 

 

 

 

 

 

Total other income (expense)

 

(4,052

)

19

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before income taxes

 

$

34,618

 

$

330,390

 

 

 

 

 

 

 

 

 

 

Schedule of total assets by reportable segments

 

 

 

 

 

 

September 30,

 

 

 

December 31,
2015

 

2015
(as adjusted)

 

 

 

(in thousands)

 

Total assets

 

 

 

 

 

U.S. Land

 

$

5,321,369 

 

$

5,429,179 

 

Offshore

 

116,563 

 

118,852 

 

International Land

 

544,257 

 

565,712 

 

Other

 

37,498 

 

38,397 

 

 

 

 

 

 

 

 

 

6,019,687 

 

6,152,140 

 

Investments and corporate operations

 

1,102,138 

 

987,005 

 

 

 

 

 

 

 

Total assets from continued operations

 

7,121,825 

 

7,139,145 

 

Discontinued operations

 

8,449 

 

8,097 

 

 

 

 

 

 

 

 

 

$

7,130,274 

 

$

7,147,242 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

 

 

2015

 

2014
(as adjusted)

 

 

 

(in thousands)

 

Operating revenues

 

 

 

 

 

United States

 

$

409,506 

 

$

956,281 

 

Argentina

 

49,786 

 

28,476 

 

Colombia

 

6,743 

 

23,937 

 

Ecuador

 

3,940 

 

13,890 

 

Other foreign

 

17,872 

 

38,203 

 

 

 

 

 

 

 

Total

 

$

487,847 

 

$

1,060,787