XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2015
Operating revenues:      
Drilling - U.S. Land $ 1,439,523 $ 1,242,462 $ 2,523,518
Drilling - Offshore 136,263 138,601 241,666
Drilling - International Land 212,972 229,894 382,331
Other 15,983 13,275 14,187
Total operating revenues 1,804,741 1,624,232 3,161,702
Operating costs and expenses:      
Operating costs, excluding depreciation and amortization 1,249,317 898,805 1,703,476
Depreciation and amortization 585,543 598,587 608,039
Asset impairment charge   6,250 39,242
Research and development 12,047 10,269 16,104
General and administrative 151,002 146,183 134,712
Income from asset sales (20,627) (9,896) (11,834)
Total operating costs and expenses 1,977,282 1,650,198 2,489,739
Operating income (loss) from continuing operations (172,541) (25,966) 671,963
Other income (expense):      
Interest and dividend income 5,915 3,166 5,840
Interest expense (19,747) (22,913) (15,023)
Loss on investment securities   (25,989)  
Other 1,775 (965) (901)
Total other income (expense) (12,057) (46,701) (10,084)
Income (loss) from continuing operations before income taxes (184,598) (72,667) 661,879
Income tax provision (benefit) (56,735) (19,677) 241,405
Income (loss) from continuing operations (127,863) (52,990) 420,474
Income (loss) from discontinued operations before income taxes 3,285 2,360 (124)
Income tax provision (benefit) 3,634 6,198 (77)
Loss from discontinued operations (349) (3,838) (47)
NET INCOME (LOSS) $ (128,212) $ (56,828) $ 420,427
Basic earnings per common share:      
Income (loss) from continuing operations (in dollars per share) $ (1.20) $ (0.50) $ 3.88
Loss from discontinued operations (in dollars per share)   (0.04)  
Net income (loss) (in dollars per share) (1.20) (0.54) 3.88
Diluted earnings per common share:      
Income (loss) from continuing operations (in dollars per share) (1.20) (0.50) 3.85
Loss from discontinued operations (in dollars per share)   (0.04)  
Net income (loss) (in dollars per share) $ (1.20) $ (0.54) $ 3.85
Weighted average shares outstanding (in thousands):      
Basic (in shares) 108,500 107,996 107,754
Diluted (in shares) 108,500 107,996 108,570