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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Operating revenues:      
Contract drilling $ 2,449,051 $ 1,788,758 $ 1,610,957
Other 38,217 15,983 13,275
Total operating revenues 2,487,268 1,804,741 1,624,232
Operating costs and expenses:      
Contract drilling operating expenses, excluding depreciation and amortization 1,626,387 1,242,605 892,748
Operating expenses applicable to other revenues 26,223 6,712 6,057
Depreciation and amortization 583,802 585,543 598,587
Research and development 18,167 12,047 10,269
Selling, general and administrative 200,619 151,002 146,183
Asset impairment charge 23,128   6,250
Gain on sale of assets (22,660) (20,627) (9,896)
Total operating costs and expenses 2,455,666 1,977,282 1,650,198
Operating income (loss) from continuing operations 31,602 (172,541) (25,966)
Other income (expense)      
Interest and dividend income 8,017 5,915 3,166
Interest expense (24,265) (19,747) (22,913)
Loss on investment securities 1   (25,989)
Other 486 1,775 (965)
Total other income (expense) (15,761) (12,057) (46,701)
Income (loss) from continuing operations before income taxes 15,841 (184,598) (72,667)
Income tax benefit (477,169) (56,735) (19,677)
Income (loss) from continuing operations 493,010 (127,863) (52,990)
Income from discontinued operations before income taxes 23,389 3,285 2,360
Income tax provision 33,727 3,634 6,198
Loss from discontinued operations (10,338) (349) (3,838)
Net Income (Loss) $ 482,672 $ (128,212) $ (56,828)
Basic earnings per common share:      
Income (loss) from continuing operations (in dollars per share) $ 4.49 $ (1.20) $ (0.50)
Loss from discontinued operations (in dollars per share) (0.10)   (0.04)
Net income (loss) (in dollars per share) 4.39 (1.20) (0.54)
Diluted earnings per common share:      
Income (loss) from continuing operations (in dollars per share) 4.47 (1.20) (0.50)
Loss from discontinued operations (in dollars per share) (0.10)   (0.04)
Net income (loss) (in dollars per share) $ 4.37 $ (1.20) $ (0.54)
Weighted average shares outstanding (in thousands):      
Basic (in shares) 108,851 108,500 107,996
Diluted (in shares) 109,387 108,500 107,996