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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating revenues:    
Oil and natural gas $ 3,967 $ 6,500
Total operating revenues 268,939 657,699
Operating costs and expenses:    
Contract drilling 80,898 212,810
Pressure pumping 87,813 212,725
Oil and natural gas 2,090 2,798
Depreciation, depletion, amortization and impairment 176,770 175,382
Selling, general and administrative 17,972 20,537
Other operating (income) expense, net [1] (1,345) 9,344
Total operating costs and expenses 364,198 633,596
Operating income (loss) (95,259) 24,103
Other income (expense):    
Interest income 110 283
Interest expense, net of amount capitalized (10,800) (8,541)
Other 16  
Total other expense (10,674) (8,258)
Income (loss) before income taxes (105,933) 15,845
Income tax expense (benefit):    
Current (23,814) 30,520
Deferred (11,616) (23,800)
Total income tax expense (benefit) (35,430) 6,720
Net income (loss) $ (70,503) $ 9,125
Net income (loss) per common share:    
Basic $ (0.48) $ 0.06
Diluted $ (0.48) $ 0.06
Weighted average number of common shares outstanding:    
Basic 145,770 144,983
Diluted 145,770 145,745
Cash dividends per common share $ 0.10 $ 0.10
Contract Drilling    
Operating revenues:    
Oil and gas services $ 168,659 $ 401,478
Pressure Pumping    
Operating revenues:    
Oil and gas services $ 96,313 $ 249,721
[1] Other operating income (expense) includes net gains or losses associated with the disposal of assets related to corporate strategy decisions of the executive management group. Accordingly, the related gains or losses have been excluded from the results of specific segments. This caption also includes expenses related to certain legal settlements.