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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Contract drilling $ 2,843,584 $ 2,936,066 $ 3,254,313
Revenues related to reimbursable expenses 76,837 50,442 68,106
Total revenues 2,920,421 2,986,508 3,322,419
Operating expenses:      
Contract drilling, excluding depreciation 1,572,525 1,537,224 1,548,502
Reimbursable expenses 74,967 48,778 66,052
Depreciation 388,092 392,913 398,612
General and administrative 64,788 64,640 65,310
Impairment of assets   62,437  
Bad debt expense (recovery) 22,513 (1,018) (6,713)
Gain on disposition of assets (4,070) (80,844) (4,758)
Total operating expenses 2,118,815 2,024,130 2,067,005
Operating income 801,606 962,378 1,255,414
Other income (expense):      
Interest income 701 4,910 6,668
Interest expense (24,843) (46,216) (73,137)
Foreign currency transaction loss (4,915) (1,999) (8,588)
Other, net 1,691 (992) (1,086)
Income before income tax expense 774,240 918,081 1,179,271
Income tax expense (225,554) (197,604) (216,729)
Net income $ 548,686 $ 720,477 $ 962,542
Earnings per share, Basic and Diluted $ 3.95 $ 5.18 $ 6.92
Weighted-average shares outstanding:      
Shares of common stock 139,035 139,029 139,027
Dilutive potential shares of common stock 29 19 11
Total weighted-average shares outstanding 139,064 139,048 139,038
Cash dividends declared per share of common stock $ 3.50 $ 3.50 $ 3.50