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Consolidated Statement of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenue    
Contract drilling services $ 726,717 $ 807,164
Management fees 7,501 21,258
Reimbursables 38,047 54,482
Total revenue 772,265 882,904
Operating costs and expenses    
Operating costs 359,610 405,697
General and administrative 25,322 25,390
Depreciation 127,359 126,610
Total operating costs and expenses 512,291 557,697
Income from operations 259,974 325,207
Other income (expense)    
Interest income 84 70
Interest expense and other financing charges (contractual interest of $178,049 during the year ended December 31, 2015) (173,634) (196,159)
Gain on debt extinguishment 10,823 4,408
Other, net 4,231 (596)
Reorganization items (39,354)  
Total other income (expense) (197,850) (192,277)
Income before income taxes 62,124 132,930
Income tax provision 39,870 39,817
Net income 22,254 93,113
Net income attributable to noncontrolling interests 5,036 257
Net income attributable to VDI $ 17,218 $ 92,856