CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings (Accumulated Deficit)	Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2021		60,172,000
Beginning balance at Dec. 31, 2021	$ 1,500,627	$ 1	$ 1,393,255	$ 101,982	$ 5,389
Employee related equity activity:
Amortization of share-based compensation	35,252		35,252
Issuance of share-based compensation shares (in shares)		834,000
Shares withheld for taxes on equity transactions	(5,888)		(5,888)
Warrant exercised (in shares)		9,827,000
Warrants exercised	1,004		1,004
Share repurchases (in shares)		(407,000)
Share repurchases	(15,000)			(15,000)
Issuance of common stock for Maersk Drilling/Diamond Offshore merger (in shares)		60,107,000
Issuance of common stock for Maersk Drilling/Diamond Offshore merger	1,800,130		1,800,130
Settlement of Compulsory Purchase Interest (in shares)		4,148,000
Settlement of Compulsory Purchase Interest	123,754		123,754
Net income (loss)	168,948			168,948
Other comprehensive income (loss), net	(1,742)				(1,742)
Ending balance (in shares) at Dec. 31, 2022		134,681,000
Ending balance at Dec. 31, 2022	3,607,085	$ 1	3,347,507	255,930	3,647
Employee related equity activity:
Amortization of share-based compensation	37,680		37,680
Issuance of share-based compensation shares (in shares)		501,000
Shares withheld for taxes on equity transactions	(8,624)		(8,624)
Warrant exercised (in shares)		7,939,000
Warrants exercised	485		485
Share repurchases (in shares)		(2,347,000)
Share repurchases	(94,826)			(94,826)
Dividends	(101,847)			(101,847)
Net income (loss)	481,902			481,902
Other comprehensive income (loss), net	$ (615)				(615)
Ending balance (in shares) at Dec. 31, 2023	140,773,750	140,774,000
Ending balance at Dec. 31, 2023	$ 3,921,240	$ 1	3,377,048	541,159	3,032
Employee related equity activity:
Amortization of share-based compensation	43,797		43,797
Issuance of share-based compensation shares (in shares)		2,131,000
Shares withheld for taxes on equity transactions	(66,057)		(66,057)
Warrant exercised (in shares)		245,000
Warrants exercised	1,443		1,443
Share repurchases (in shares)		(8,443,000)
Share repurchases	(299,989)			(299,989)
Dividends	(278,279)			(278,279)
Issuance of common stock for Maersk Drilling/Diamond Offshore merger (in shares)		24,240,000
Issuance of common stock for Maersk Drilling/Diamond Offshore merger	879,941		879,941
Net income (loss)	448,353			448,353
Other comprehensive income (loss), net	$ 937				937
Ending balance (in shares) at Dec. 31, 2024	158,946,711	158,947,000
Ending balance at Dec. 31, 2024	$ 4,651,386	$ 1	$ 4,236,172	$ 411,244	$ 3,969