XML 70 R59.htm IDEA: XBRL DOCUMENT v3.25.3
Segment Information - Financial Information by Segment (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2024
USD ($)
Sep. 30, 2025
USD ($)
segment
Sep. 30, 2024
USD ($)
Segment Information        
Number of reportable segments | segment     4  
Operating revenues $ 818,190 $ 731,805 $ 2,387,164 $ 2,200,307
Direct costs (491,828) (431,705) (1,428,009) (1,309,007)
Depreciation and amortization (160,347) (159,234) (490,046) (477,060)
Other segment expenses (90,054) (78,380) (268,043) (230,510)
Capital expenditures 188,053 117,909 537,098 368,556
Operating Segments        
Segment Information        
Operating revenues 834,610 748,720 2,431,636 2,244,761
Direct costs (503,795) (444,159) (1,460,131) (1,341,599)
Depreciation and amortization (158,384) (159,158) (484,421) (475,793)
Other segment expenses (44,667) (39,535) (129,590) (116,458)
Total adjusted operating income (loss) 127,764 105,868 357,494 310,911
Capital expenditures 188,619 113,124 534,366 355,191
Operating Segments | U.S. Drilling        
Segment Information        
Operating revenues 249,836 254,773 736,020 786,485
Direct costs (149,156) (139,702) (428,372) (425,182)
Depreciation and amortization (62,732) (66,966) (185,877) (205,775)
Other segment expenses (6,519) (6,411) (18,955) (18,220)
Total adjusted operating income (loss) 31,429 41,694 102,816 137,308
Capital expenditures 39,238 25,778 107,137 87,597
Operating Segments | International Drilling        
Segment Information        
Operating revenues 407,235 368,594 1,173,923 1,074,686
Direct costs (260,004) (235,402) (756,390) (699,863)
Depreciation and amortization (82,075) (83,769) (246,210) (246,490)
Other segment expenses (19,680) (17,241) (56,838) (50,003)
Total adjusted operating income (loss) 45,476 32,182 114,485 78,330
Capital expenditures 132,678 81,903 368,189 251,163
Operating Segments | Drilling Solutions        
Segment Information        
Operating revenues 141,942 79,544 405,404 238,079
Direct costs (69,186) (37,353) (193,891) (116,645)
Depreciation and amortization (10,684) (5,080) (44,760) (15,123)
Other segment expenses (12,090) (7,880) (33,493) (22,868)
Total adjusted operating income (loss) 49,982 29,231 133,260 83,443
Capital expenditures 16,186 4,857 57,772 12,273
Operating Segments | Rig Technologies        
Segment Information        
Operating revenues 35,597 45,809 116,289 145,511
Direct costs (25,449) (31,702) (81,478) (99,909)
Depreciation and amortization (2,893) (3,343) (7,574) (8,405)
Other segment expenses (6,378) (8,003) (20,304) (25,367)
Total adjusted operating income (loss) 877 2,761 6,933 11,830
Capital expenditures 517 586 1,268 4,158
Other items        
Segment Information        
Operating revenues (16,420) (16,915) (44,472) (44,454)
Direct costs 11,967 12,454 32,122 32,592
Depreciation and amortization (1,963) (76) (5,625) (1,267)
Other segment expenses (45,387) (38,845) (138,453) (114,052)
Capital expenditures $ (566) $ 4,785 $ 2,732 $ 13,365