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Unaudited Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
REVENUES:        
Contract drilling $ 317,531 $ 264,925 $ 992,913 $ 798,544
Revenues related to reimbursable expenses 13,031 27,852 39,762 52,036
Total revenues 330,562 292,777 1,032,675 850,580
COSTS AND EXPENSES:        
Contract drilling 134,258 128,586 401,847 388,715
Reimbursable expenses 9,066 23,493 29,634 41,095
Depreciation 42,534 37,601 129,637 107,376
General and administrative 10,473 12,844 42,619 47,688
Asset impairment 0 0 60,777 0
(Gain) loss on sale of assets 27 7 15,362 (34,072)
Other, net 0 (212) 0 (1,815)
Total costs and expenses 196,358 202,319 679,876 548,987
OPERATING INCOME 134,204 90,458 352,799 301,593
OTHER INCOME (EXPENSE):        
Interest expense, net of capitalized interest (11,677) (11,219) (40,028) (30,932)
Interest income 12 126 84 247
Other income (expense) total (11,665) (11,093) (39,944) (30,685)
INCOME BEFORE INCOME TAXES 122,539 79,365 312,855 270,908
PROVISION FOR INCOME TAXES 9,547 7,440 30,976 42,286
NET INCOME $ 112,992 $ 71,925 $ 281,879 $ 228,622
EARNINGS PER COMMON SHARE (NOTE 2):        
Basic (in dollars per share) $ 1.75 $ 1.12 $ 4.37 $ 3.56
Diluted (in dollars per share) $ 1.73 $ 1.11 $ 4.33 $ 3.52
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (NOTE 2):        
Basic (in shares) 64,649 64,309 64,557 64,204
Diluted (in shares) 65,130 65,060 65,063 65,023