Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2012


	For the Three Month					For the Nine Month
	Period Ended September 30,					Period Ended September 30,
	2012			2011		2012			2011
Revenues and other income:
Oil and gas drilling services	$	27,260		$	35,984	$	95,674		$	98,593
Investment and other income		466			471		4,582			2,822
		27,726			36,455		100,256			101,415
Expenses:
Direct operating expenses – oil and
gas drilling services		23,467			26,381		79,143			71,016
Interest		24			26		77			119
Salaries and incentive compensation		558			1,206		2,813			3,889
Depreciation and amortization		4,599			5,218		14,740			15,801
Selling, general and other expenses		2,369			1,680		8,152			7,822
		31,017			34,511		104,925			98,647
Income (loss) from discontinued
operations before income taxes		(3,291	)		1,944		(4,669	)		2,768
Income tax provision (benefit)		357			254		(1,638	)		(65	)
Income (loss) from discontinued
operations after income taxes	$	(3,648	)	$	1,690	$	(3,031	)	$	2,833

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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