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Condensed Consolidated Statements Of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Contract drilling $ 357,683 $ 339,636 $ 1,113,410 $ 1,140,568
Revenues related to reimbursable expenses 8,340 9,542 26,128 67,900
Total revenues 366,023 349,178 1,139,538 1,208,468
Operating expenses:        
Contract drilling, excluding depreciation 198,072 186,654 597,812 597,831
Reimbursable expenses 8,220 7,965 25,488 51,283
Depreciation 83,281 86,473 262,492 295,729
General and administrative 17,806 15,237 54,299 48,774
Impairment of assets     71,268 678,145
Loss (gain) on disposition of assets 63 (1,222) (2,085) (2,265)
Total operating expenses 307,442 295,107 1,009,274 1,669,497
Operating income (loss) 58,581 54,071 130,264 (461,029)
Other income (expense):        
Interest income 776 150 1,347 592
Interest expense, net of amounts capitalized (28,562) (19,032) (83,409) (68,704)
Loss on extinguishment of senior notes (35,366)   (35,366)  
Foreign currency transaction loss (677) (712) (517) (7,833)
Other, net 1,447 269 1,322 (11,199)
(Loss) income before income tax benefit (expense) (3,801) 34,746 13,641 (548,173)
Income tax benefit (expense) 14,600 (20,819) 36,646 59,588
Net income (loss) $ 10,799 $ 13,927 $ 50,287 $ (488,585)
Earnings (loss) per share, Basic and Diluted $ 0.08 $ 0.10 $ 0.37 $ (3.56)
Weighted-average shares outstanding:        
Shares of common stock 137,227 137,170 137,208 137,167
Dilutive potential shares of common stock 14 84 29  
Total weighted-average shares outstanding 137,241 137,254 137,237 137,167