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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - Finco - USD ($)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended
Feb. 05, 2021
Mar. 31, 2021
Mar. 31, 2022
Operating revenues      
Operating revenues $ 77,481 $ 92,433 $ 210,230
Operating costs and expenses      
Depreciation and amortization 20,622 14,244 25,605
General and administrative 5,727 7,927 17,524
Merger and integration costs 0 2,013 9,521
Gain on sale of operating assets, net 0 0 (4,562)
Hurricane losses and (recoveries), net 0 0 17,212
Total operating costs and expenses 76,051 110,817 244,861
Operating income (loss) 1,430 (18,384) (34,631)
Other income (expense)      
Interest expense, net of amounts capitalized (229) (6,895) (7,680)
Interest income and other, net 399 8 450
Reorganization items, net 252,051 0 0
Loss before income taxes 253,651 (25,271) (41,861)
Income tax (provision) benefit (3,423) 7,047 5,205
Net income (loss) 250,228 (18,224) (36,656)
Contract drilling services      
Operating revenues      
Operating revenues 74,051 84,629 195,035
Operating costs and expenses      
Cost of services 46,965 79,589 166,083
Reimbursables and other      
Operating revenues      
Operating revenues 3,430 7,804 15,195
Operating costs and expenses      
Cost of services 2,737 7,044 13,478
Noble Finance Company      
Operating revenues      
Operating revenues 77,481 92,433 210,230
Operating costs and expenses      
Depreciation and amortization 20,631 14,243 25,582
General and administrative 5,729 4,611 15,971
Merger and integration costs 0 0 394
Gain on sale of operating assets, net 0 0 (4,562)
Hurricane losses and (recoveries), net 0 0 17,212
Total operating costs and expenses 75,800 105,259 233,730
Operating income (loss) 1,681 (12,826) (23,500)
Other income (expense)      
Interest expense, net of amounts capitalized (229) (6,895) (7,680)
Interest income and other, net 400 8 450
Reorganization items, net 195,395 0 0
Loss before income taxes 197,247 (19,713) (30,730)
Income tax (provision) benefit (3,422) 7,047 5,205
Net income (loss) 193,825 (12,666) (25,525)
Noble Finance Company | Contract drilling services      
Operating revenues      
Operating revenues 74,051 84,629 195,035
Operating costs and expenses      
Cost of services 46,703 79,361 165,655
Noble Finance Company | Reimbursables and other      
Operating revenues      
Operating revenues 3,430 7,804 15,195
Operating costs and expenses      
Cost of services $ 2,737 $ 7,044 $ 13,478