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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues:      
Contract drilling $ 2,360,184 $ 2,737,126 $ 2,843,584
Revenues related to reimbursable expenses 59,209 77,545 76,837
Total revenues 2,419,393 2,814,671 2,920,421
Operating expenses:      
Contract drilling, excluding depreciation 1,227,864 1,523,623 1,572,525
Reimbursable expenses 58,050 76,091 74,967
Depreciation 493,162 456,483 388,092
General and administrative 66,462 81,832 64,788
Impairment of assets 860,441 109,462  
Bad debt expense     22,513
Restructuring and separation costs 9,778    
Gain on disposition of assets (2,290) (5,382) (4,070)
Total operating expenses 2,713,467 2,242,109 2,118,815
Operating (loss) income (294,074) 572,562 801,606
Other income (expense):      
Interest income 3,322 801 701
Interest expense, net of amounts capitalized (93,934) (62,053) (24,843)
Foreign currency transaction gain (loss) 2,465 3,199 (4,915)
Other, net 873 682 1,691
(Loss) income before income tax benefit (expense) (381,348) 515,191 774,240
Income tax benefit (expense) 107,063 (128,180) (225,554)
Net (loss) income $ (274,285) $ 387,011 $ 548,686
(Loss) earnings per share:      
Basic $ (2.00) $ 2.82 $ 3.95
Diluted $ (2.00) $ 2.81 $ 3.95
Weighted-average shares outstanding:      
Shares of common stock 137,157 137,473 139,035
Dilutive potential shares of common stock   50 29
Total weighted-average shares outstanding 137,157 137,523 139,064
Cash dividends declared per share of common stock $ 0.50 $ 3.50 $ 3.50