EX-99 3 exh992.txt EXHIBIT 99.2 EXHIBIT 99.2 ATWOOD OCEANICS, INC. AND SUBSIDIARIES UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts) Three Months Ended December 31, ------------------------- 2006 2005 -------- ------- REVENUES: Contract drilling $ 86,242 $ 55,414 Business interruption proceeds 2,558 - -------- -------- 88,800 55,414 -------- -------- COSTS AND EXPENSES: Contract drilling 49,110 33,770 Depreciation 8,015 6,390 General and administrative 7,191 5,993 Gain on sale of equipment (47) (9,275) -------- -------- 64,269 36,878 -------- -------- OPERATING INCOME 24,531 18,536 -------- -------- OTHER INCOME (EXPENSE) Interest expense (537) (1,740) Interest income 469 231 -------- -------- (68) (1,509) -------- -------- INCOME BEFORE INCOME TAXES 24,463 17,027 PROVISION FOR INCOME TAXES 3,378 2,504 -------- -------- NET INCOME $ 21,085 $ 14,523 ======== ======== EARNINGS PER COMMON SHARE: Basic $ 0.68 $ 0.47 Diluted 0.67 0.47 AVERAGE COMMON SHARES OUTSTANDING: Basic 31,060 30,738 Diluted 31,614 31,208