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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating revenues:        
Oil and natural gas $ 14,717 $ 14,690 $ 31,502 $ 29,407
Total operating revenues 659,316 681,112 1,326,355 1,427,033
Operating costs and expenses:        
Contract drilling 242,748 272,720 489,820 555,369
Pressure pumping 188,280 138,051 356,436 304,908
Oil and natural gas 3,214 2,583 6,136 5,313
Depreciation, depletion, amortization and impairment 137,182 128,477 273,617 251,430
Selling, general and administrative 18,319 16,719 35,716 30,587
Net gain on asset disposals (1,033) [1] (28,332) [1] (908) [1] (30,732) [1]
Provision for bad debts       1,600
Total operating costs and expenses 588,710 530,218 1,160,817 1,118,475
Operating income 70,606 150,894 165,538 308,558
Other income (expense):        
Interest income 250 179 423 233
Interest expense (6,941) (5,051) (13,707) (9,633)
Other 381 (144) 400 (89)
Total other expense (6,310) (5,016) (12,884) (9,489)
Income before income taxes 64,296 145,878 152,654 299,069
Income tax expense (benefit):        
Current 2,335 (829) 9,908 6,681
Deferred 21,193 54,169 45,748 102,576
Total income tax expense 23,528 53,340 55,656 109,257
Net income 40,768 92,538 96,998 189,812
Net income per common share:        
Basic $ 0.28 $ 0.60 $ 0.66 $ 1.22
Diluted $ 0.28 $ 0.60 $ 0.66 $ 1.22
Weighted average number of common shares outstanding:        
Basic 145,465 153,269 145,148 153,947
Diluted 146,374 153,655 146,292 154,544
Cash dividends per common share $ 0.05 $ 0.05 $ 0.10 $ 0.10
Contract Drilling
       
Operating revenues:        
Oil and gas services 389,979 460,249 809,073 949,731
Pressure Pumping
       
Operating revenues:        
Oil and gas services $ 254,620 $ 206,173 $ 485,780 $ 447,895
[1] Net gains or losses associated with the disposal of assets relate to corporate strategy decisions of the executive management group. Accordingly, the related gains or losses have been separately presented and excluded from the results of specific segments.