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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES:        
Contract drilling $ 178,603 $ 162,147 $ 534,896 $ 467,518
COSTS AND EXPENSES:        
Contract drilling 87,374 53,004 245,060 161,750
Depreciation 15,650 10,395 46,419 27,991
General and administrative 11,856 9,742 37,502 34,480
Other, net 274 0 1,137 (77)
Total costs and expenses 115,154 73,141 330,118 224,144
OPERATING INCOME 63,449 89,006 204,778 243,374
OTHER INCOME (EXPENSE):        
Interest expense, net of capitalized interest (1,517) (1,900) (1,623) (3,037)
Interest income 58 97 258 592
Other income (expense) total (1,459) (1,803) (1,365) (2,445)
INCOME BEFORE INCOME TAXES 61,990 87,203 203,413 240,929
PROVISION FOR INCOME TAXES 10,279 11,918 26,768 42,182
NET INCOME $ 51,711 $ 75,285 $ 176,645 $ 198,747
EARNINGS PER COMMON SHARE (NOTE 2):        
Basic $ 0.79 $ 1.16 $ 2.71 $ 3.07
Diluted $ 0.79 $ 1.15 $ 2.69 $ 3.04
AVERAGE COMMON SHARES OUTSTANDING (NOTE 2):        
Basic 65,362 64,820 65,221 64,689
Diluted 65,823 65,470 65,715 65,355