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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - Finco - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Feb. 05, 2021
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2021
Sep. 30, 2022
Operating revenues          
Operating revenues $ 77,481 $ 305,872 $ 250,371 $ 562,147 $ 791,255
Operating costs and expenses          
Depreciation and amortization 20,622 24,868 25,248 64,831 77,109
General and administrative 5,727 18,089 14,982 47,939 52,300
Merger and integration costs 0 9,338 5,033 13,786 27,916
(Gain) loss on sale of operating assets, net 0 354 3,146 3,146 (3,105)
Hurricane losses and (recoveries), net 0 1,896 10,441 10,441 4,701
Total operating costs and expenses 76,051 254,311 263,864 638,573 726,726
Operating income (loss) 1,430 51,561 (13,493) (76,426) 64,529
Other income (expense)          
Interest expense, net of amounts capitalized (229) (7,943) (8,870) (23,628) (23,338)
Loss on extinguishment of debt, net 0 (196) 0 0 (196)
Interest income and other, net 399 3,235 973 7,490 4,766
Reorganization items, net 252,051     0 0
Income (loss) before income taxes 253,651 46,657 (21,390) (28,085) 45,761
Income tax provision (3,423) (13,072) (2,275) 6,631 (11,775)
Net income (loss) 250,228 33,585 (23,665) (21,454) 33,986
Contract drilling services          
Operating revenues          
Operating revenues 74,051 289,494 231,154 515,680 746,992
Operating costs and expenses          
Cost of services 46,965 186,482 188,552 456,853 530,710
Reimbursables and other          
Operating revenues          
Operating revenues 3,430 16,378 19,217 46,467 44,263
Operating costs and expenses          
Cost of services 2,737 13,284 16,462 41,577 37,095
Noble Finance Company          
Operating revenues          
Operating revenues 77,481 305,872 250,371 562,147 791,255
Operating costs and expenses          
Depreciation and amortization 20,631 24,810 25,241 64,814 76,997
General and administrative 5,729 10,547 7,772 26,690 38,582
Merger and integration costs 0 0 4,149 7,099 395
(Gain) loss on sale of operating assets, net 0 0 2,230 2,230 (4,562)
Hurricane losses and (recoveries), net 0 1,896 10,441 10,441 4,701
Total operating costs and expenses 75,800 236,252 254,181 607,975 682,112
Operating income (loss) 1,681 69,620 (3,810) (45,828) 109,143
Other income (expense)          
Interest expense, net of amounts capitalized (229) (8,139) (8,870) (23,628) (23,534)
Loss on extinguishment of debt, net 0 (196) 0 0 (196)
Interest income and other, net 400 3,641 975 7,489 5,175
Reorganization items, net 195,395     0 0
Income (loss) before income taxes 197,247 64,926 (11,705) (61,967) 90,588
Income tax provision (3,422) (13,072) (2,275) 6,631 (11,775)
Net income (loss) 193,825 51,854 (13,980) (55,336) 78,813
Noble Finance Company | Contract drilling services          
Operating revenues          
Operating revenues 74,051 289,494 231,154 515,680 746,992
Operating costs and expenses          
Cost of services 46,703 185,715 187,886 455,124 528,904
Noble Finance Company | Reimbursables and other          
Operating revenues          
Operating revenues 3,430 16,378 19,217 46,467 44,263
Operating costs and expenses          
Cost of services $ 2,737 $ 13,284 $ 16,462 $ 41,577 $ 37,095