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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Contract drilling $ 690,741 $ 714,027 $ 2,135,612 $ 2,195,443
Revenues related to reimbursable expenses 15,424 15,114 58,312 40,528
Total revenues 706,165 729,141 2,193,924 2,235,971
Operating expenses:        
Contract drilling, excluding depreciation 419,488 357,281 1,163,618 1,159,635
Reimbursable expenses 14,904 14,563 56,998 39,351
Depreciation 97,143 99,207 291,107 300,069
General and administrative 15,240 13,476 48,490 49,803
Bad debt expense (recovery) 22,563   22,563 (1,018)
Gain on disposition of assets (525) (208) (2,789) (79,285)
Total operating expenses 568,813 484,319 1,579,987 1,468,555
Operating income 137,352 244,822 613,937 767,416
Other income (expense):        
Interest income 136 773 1,024 4,052
Interest expense (1,693) (8,720) (17,713) (36,780)
Foreign currency transaction loss (4,556) (1,860) (3,949) (881)
Other, net 326 (168) 746 (767)
Income before income tax expense 131,565 234,847 594,045 733,040
Income tax expense (36,817) (56,661) (137,974) (168,224)
Net income $ 94,748 $ 178,186 $ 456,071 $ 564,816
Income per share:        
Basic $ 0.68 $ 1.28 $ 3.28 $ 4.06
Diluted $ 0.68 $ 1.28 $ 3.28 $ 4.06
Weighted-average shares outstanding:        
Shares of common stock 139,035 139,030 139,034 139,029
Dilutive potential shares of common stock 30 23 38 17
Total weighted-average shares outstanding 139,065 139,053 139,072 139,046
Cash dividends declared per share of common stock $ 0.875 $ 0.875 $ 2.625 $ 2.625