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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating revenues:      
Total operating revenues $ 3,326,997,000 $ 2,356,684,000 $ 915,866,000
Operating costs and expenses:      
Depreciation, depletion, amortization and impairment 916,318,000 783,341,000 668,434,000
Impairment of goodwill 211,129,000    
Selling, general and administrative 134,071,000 105,847,000 69,205,000
Merger and integration expenses 2,738,000 74,451,000  
Other operating income, net [1] (17,569,000) (31,957,000) (14,323,000)
Total operating costs and expenses 3,649,174,000 2,649,222,000 1,372,092,000
Operating loss (322,177,000) (292,538,000) (456,226,000)
Other income (expense):      
Interest income 5,597,000 1,866,000 327,000
Interest expense, net of amount capitalized (51,578,000) (37,472,000) (40,366,000)
Other 750,000 343,000 69,000
Total other expense (45,231,000) (35,263,000) (39,970,000)
Loss before income taxes (367,408,000) (327,801,000) (496,196,000)
Income tax benefit (45,987,000) (333,711,000) (177,562,000)
Net income (loss) $ (321,421,000) $ 5,910,000 $ (318,634,000)
Net income (loss) per common share:      
Basic $ (1.47) $ 0.03 $ (2.18)
Diluted $ (1.47) $ 0.03 $ (2.18)
Weighted average number of common shares outstanding:      
Basic 218,643 198,447 146,178
Diluted 218,643 199,882 146,178
Contract Drilling      
Operating revenues:      
Total operating revenues $ 1,430,492,000 $ 1,040,033,000 $ 543,663,000
Operating costs and expenses:      
Operating costs and expenses 885,704,000 667,105,000 305,804,000
Impairment of goodwill 0    
Pressure Pumping      
Operating revenues:      
Total operating revenues 1,573,396,000 1,200,311,000 354,070,000
Operating costs and expenses:      
Operating costs and expenses 1,263,850,000 966,835,000 334,588,000
Impairment of goodwill 121,444,000    
Directional Drilling      
Operating revenues:      
Total operating revenues 209,275,000 45,580,000  
Operating costs and expenses:      
Operating costs and expenses 175,829,000 32,172,000  
Impairment of goodwill 89,685,000    
Other      
Operating revenues:      
Total operating revenues 113,834,000 70,760,000 18,133,000
Operating costs and expenses:      
Operating costs and expenses $ 77,104,000 $ 51,428,000 $ 8,384,000
[1] Other operating income (expense), net includes 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. This caption also includes expenses related to certain legal-related expenses and settlements, net of insurance reimbursements and certain research and development expenses.