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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Operating revenues:        
Oil and natural gas $ 14,724 $ 13,827 $ 38,844 $ 45,329
Total operating revenues 845,628 730,907 2,281,072 2,057,262
Operating costs and expenses:        
Contract drilling 278,195 239,768 784,572 729,588
Pressure pumping 281,016 204,050 722,801 560,486
Oil and natural gas 3,275 3,602 9,421 9,738
Depreciation, depletion, amortization and impairment 237,825 140,734 538,573 414,351
Selling, general and administrative 18,896 19,580 58,117 55,296
Net gain on asset disposals (3,870) [1] (1,378) [1] (8,705) [1] (2,286) [1]
Total operating costs and expenses 815,337 606,356 2,104,779 1,767,173
Operating income 30,291 124,551 176,293 290,089
Other income (expense):        
Interest income 234 293 618 716
Interest expense, net of amount capitalized (6,993) (7,503) (21,430) (21,210)
Other 0 380 3 780
Total other expense (6,759) (6,830) (20,809) (19,714)
Income before income taxes 23,532 117,721 155,484 270,375
Income tax expense (benefit):        
Current 48,618 25,916 101,233 35,824
Deferred (41,062) 17,385 (50,830) 63,133
Total income tax expense 7,556 43,301 50,403 98,957
Net income 15,976 74,420 105,081 171,418
Net income per common share:        
Basic $ 0.11 $ 0.51 $ 0.72 $ 1.17
Diluted $ 0.11 $ 0.51 $ 0.71 $ 1.16
Weighted average number of common shares outstanding:        
Basic 144,798 144,446 143,778 144,915
Diluted 146,991 145,432 146,101 145,840
Cash dividends per common share $ 0.10 $ 0.05 $ 0.30 $ 0.15
Contract Drilling
       
Operating revenues:        
Oil and gas services 482,212 457,871 1,346,698 1,266,944
Pressure Pumping
       
Operating revenues:        
Oil and gas services $ 348,692 $ 259,209 $ 895,530 $ 744,989
[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.