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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Operating revenues:        
Oil and natural gas $ 12,116 $ 14,717 $ 24,120 $ 31,502
Total operating revenues 757,276 659,316 1,435,444 1,326,355
Operating costs and expenses:        
Contract drilling 255,318 242,748 506,377 489,820
Pressure pumping 241,977 188,280 441,785 356,436
Oil and natural gas 2,872 3,214 6,146 6,136
Depreciation, depletion, amortization and impairment 153,426 137,182 300,748 273,617
Selling, general and administrative 19,548 18,319 39,221 35,716
Net gain on asset disposals (3,091) [1] (1,033) [1] (4,835) [1] (908) [1]
Total operating costs and expenses 670,050 588,710 1,289,442 1,160,817
Operating income 87,226 70,606 146,002 165,538
Other income (expense):        
Interest income 208 250 384 423
Interest expense, net of amount capitalized (7,249) (6,941) (14,437) (13,707)
Other 3 381 3 400
Total other expense (7,038) (6,310) (14,050) (12,884)
Income before income taxes 80,188 64,296 131,952 152,654
Income tax expense (benefit):        
Current 25,680 2,335 52,615 9,908
Deferred 225 21,193 (9,768) 45,748
Total income tax expense 25,905 23,528 42,847 55,656
Net income 54,283 40,768 89,105 96,998
Net income per common share:        
Basic $ 0.37 $ 0.28 $ 0.62 $ 0.66
Diluted $ 0.37 $ 0.28 $ 0.61 $ 0.66
Weighted average number of common shares outstanding:        
Basic 143,622 145,465 143,259 145,148
Diluted 146,029 146,374 145,586 146,292
Cash dividends per common share $ 0.10 $ 0.05 $ 0.20 $ 0.10
Contract Drilling
       
Operating revenues:        
Oil and gas services 438,583 389,979 864,486 809,073
Pressure Pumping
       
Operating revenues:        
Oil and gas services $ 306,577 $ 254,620 $ 546,838 $ 485,780
[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.