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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2014
REVENUES:      
Contract drilling $ 976,348 $ 1,342,052 $ 1,103,397
Revenues related to reimbursable expenses 44,296 53,799 70,556
Total revenues 1,020,644 1,395,851 1,173,953
COSTS AND EXPENSES:      
Contract drilling 378,535 520,421 506,128
Reimbursable expenses 28,291 38,744 56,225
Depreciation 165,669 171,947 147,358
General and administrative 50,550 57,229 61,461
Asset impairment 103,539 60,777 0
(Gain)/loss on sale of assets 77 15,303 (34,139)
Other, net (299) 0 (1,864)
Total costs and expenses 726,362 864,421 735,169
OPERATING INCOME 294,282 531,430 438,784
OTHER INCOME (EXPENSE):      
Interest expense, net of capitalized interest (68,566) (52,551) (41,803)
Interest income 21 91 312
Gains on extinguishment of debt 69,041 0 0
Other income 17,977 0 0
Total other income (expense) 18,473 (52,460) (41,491)
INCOME BEFORE INCOME TAXES 312,755 478,970 397,293
PROVISION FOR INCOME TAXES 47,483 46,397 56,471
NET INCOME $ 265,272 $ 432,573 $ 340,822
EARNINGS PER COMMON SHARE:      
Basic (in dollars per share) $ 4.09 $ 6.70 $ 5.31
Diluted (in dollars per share) $ 4.09 $ 6.65 $ 5.24
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (NOTE 2):      
Basic (in shares) 64,789 64,581 64,240
Diluted (in shares) 64,839 65,030 65,074