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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating revenues:        
Drilling - U.S. Land $ 405,516 $ 285,028 $ 1,000,119 $ 1,004,116
Drilling - Offshore 33,711 30,492 103,758 106,697
Drilling - International Land 55,075 47,983 157,863 171,529
Other 4,262 2,983 10,697 10,182
Total operating revenues 498,564 366,486 1,272,437 1,292,524
Operating costs and expenses:        
Operating costs, excluding depreciation 337,463 186,146 881,971 684,401
Depreciation 145,043 138,690 431,667 422,336
Asset impairment charge   6,250   6,250
Research and development 3,058 2,707 8,585 7,941
General and administrative 42,890 46,496 110,671 112,381
Income from asset sales (1,862) (547) (17,593) (7,820)
Total operating costs and expenses 526,592 379,742 1,415,301 1,225,489
Operating income (loss) from continuing operations (28,028) (13,256) (142,864) 67,035
Other income (expense):        
Interest and dividend income 1,700 778 4,028 2,310
Interest expense (6,364) (6,407) (17,503) (16,652)
Other (911) 534 (350) 926
Total other income (expense) (5,575) (5,095) (13,825) (13,416)
Income (loss) from continuing operations before income taxes (33,603) (18,351) (156,689) 53,619
Income tax provision (10,478) 2,842 (50,537) 33,740
Income (loss) from continuing operations (23,125) (21,193) (106,152) 19,879
Income (loss) from discontinued operations before income taxes 3,223 2,193 2,705 2,241
Income tax provision 1,897 2,200 2,233 6,113
Income (loss) from discontinued operations 1,326 (7) 472 (3,872)
NET INCOME (LOSS) $ (21,799) $ (21,200) $ (105,680) $ 16,007
Basic earnings per common share:        
Income (loss) from continuing operations (in dollars per share) $ (0.22) $ (0.20) $ (0.99) $ 0.18
Income (loss) from discontinued operations (in dollars per share) 0.01     (0.04)
Net income (loss) (in dollars per share) (0.21) (0.20) (0.99) 0.14
Diluted earnings per common share:        
Income (loss) from continuing operations (in dollars per share) (0.22) (0.20) (0.99) 0.17
Income (loss) from discontinued operations (in dollars per share) 0.01     (0.04)
Net income (loss) (in dollars per share) $ (0.21) $ (0.20) $ (0.99) $ 0.13
Weighted average shares outstanding (in thousands):        
Basic (in shares) 108,572 108,047 108,470 107,970
Diluted (in shares) 108,572 108,047 108,470 108,523
Dividends declared per common share (in dollars per share) $ 0.7000 $ 0.7000 $ 2.1000 $ 2.0750