OPERATIONS BY GEOGRAPHIC AREAS

12 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

OPERATIONS BY GEOGRAPHIC AREAS

OPERATIONS BY GEOGRAPHIC AREAS

Our offshore contract drilling operations are managed and reported as a single reportable segment: Offshore Contract Drilling Services. Our drilling units are often redeployed globally due to changing demands of our clients, which consist largely of major integrated oil and natural gas companies and independent oil and natural gas companies and the geographic areas where we conduct our business can and does change from year to year. Our offshore contract drilling services segment currently conducts offshore contract drilling operations located in the U.S. Gulf of Mexico, the Mediterranean Sea, offshore West Africa, offshore Southeast Asia and offshore Australia. The accounting policies of our reportable segment are the same as those described in the summary of significant accounting policies (see Note 2). We evaluate the performance of our operating segment based on revenues from external clients and segment profit.

A summary of revenues by geographic areas for the fiscal years ended September 30, 2016, 2015 and 2014 is as follows:

(In thousands)	Fiscal 2016		Fiscal 2015		Fiscal 2014
Australia	$	296,566	$	478,939	$	457,281
Cameroon	65,954		70,507		43,389
Equatorial Guinea	—		22,843		41,245
Israel	—		—		2,749
Italy	45,023		60,927		58,912
Malaysia	—		22,545		49,610
Mauritania	122,330		69,691		—
Morocco	—		119,594		18,128
Senegal	62,146		—		—
Thailand	35,295		129,634		149,961
United States	393,330		405,859		352,678
Vietnam	—		15,312		—
Other	—		—		—
Total revenues	$	1,020,644	$	1,395,851	$	1,173,953

A summary of property and equipment, net by geographic areas at September 30, 2016, 2015 and 2014 is as follows:

	September 30,
(In thousands)	2016		2015		2014
Australia	$	528,427	$	640,530	$	669,845
Cameroon	154,651		160,206		166,464
Equatorial Guinea	—		—		66,045
Italy	—		77,102		82,617
South Korea (1)	845,445		693,575		311,494
Malaysia	192		254		321
Malta	69,711		—		3,332
Mauritania	603,882		629,179		—
Morocco	—		—		627,459
Phillipines	325,575		—		—
Singapore	61,824		—		—
Thailand	168,735		349,972		539,333
United States	1,369,254		1,455,109		1,500,118
Vietnam	—		166,205		—
Total property and equipment, net	$	4,127,696	$	4,172,132	$	3,967,028

(1) Property and equipment, net in South Korea consists of assets under construction.