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Condensed Consolidated Income Statements (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Oil and natural gas $ 102,318 $ 83,173 $ 205,417 $ 170,771
Contract drilling 46,926 39,255 92,915 76,440
Gas gathering and processing 54,059 48,153 110,103 99,094
Total revenues 203,303 170,581 408,435 346,305
Operating costs:        
Oil and natural gas 32,418 32,758 68,380 61,962
Contract drilling 31,894 27,239 63,561 56,466
Gas gathering and processing 39,703 36,042 81,307 73,746
Total operating costs 104,015 96,039 213,248 192,174
Depreciation, depletion, and amortization 58,373 50,080 115,439 97,012
General and administrative 8,712 8,713 19,474 17,667
Gain on disposition of assets (161) (248) (322) (1,072)
Total operating expenses 170,939 154,584 347,839 305,781
Income from operations 32,364 15,997 60,596 40,524
Other income (expense):        
Interest, net (7,729) (9,467) (17,733) (18,863)
Gain (loss) on derivatives (14,461) 8,902 (21,223) 23,633
Other, net 5 6 11 9
Total other income (expense) (22,185) (559) (38,945) 4,779
Income before income taxes 10,179 15,438 21,651 45,303
Income tax expense:        
Deferred 2,029 6,379 5,636 20,315
Total income taxes 2,029 6,379 5,636 20,315
Net income 8,150 9,059 16,015 24,988
Net income attributable to non-controlling interest 2,362 0 2,362 0
Net income attributable to Unit Corporation $ 5,788 $ 9,059 $ 13,653 $ 24,988
Net income attributable to Unit Corporation per common share:        
Basic $ 0.11 $ 0.18 $ 0.26 $ 0.49
Diluted $ 0.11 $ 0.17 $ 0.26 $ 0.49