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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Dec. 31, 2016
Dec. 31, 2015
REVENUES:    
Contract drilling $ 149,863 $ 294,615
Revenues related to reimbursable expenses 7,693 13,204
Total revenues 157,556 307,819
COSTS AND EXPENSES:    
Contract drilling 65,670 130,652
Reimbursable expenses 6,602 8,286
Depreciation 41,808 42,827
General and administrative 15,190 15,177
Asset impairment 0 64,724
(Gain) loss on sale of assets (67) 77
Costs and Expenses 129,203 261,743
OPERATING INCOME 28,353 46,076
OTHER INCOME (EXPENSE):    
Interest expense, net of capitalized interest (16,291) (13,761)
Interest income 2 4
Other income 0 17,976
Other income (expense) total (16,289) 4,219
INCOME BEFORE INCOME TAXES 12,064 50,295
PROVISION FOR INCOME TAXES 2,393 11,214
NET INCOME $ 9,671 $ 39,081
EARNINGS PER COMMON SHARE (NOTE 2):    
Basic (in dollars per share) $ 0.15 $ 0.60
Diluted (in dollars per share) $ 0.15 $ 0.60
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (NOTE 2):    
Basic (in shares) 64,879 64,765
Diluted (in shares) 65,171 64,921