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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Total revenues $ 254,020 $ 286,322 $ 704,268 $ 850,693
Operating expenses:        
Depreciation 88,693 81,884 263,844 245,534
General and administrative 18,830 33,308 51,436 70,057
Impairment of assets       27,225
Restructuring and separation costs   649   4,925
Loss (gain) on disposition of assets 6,340 (506) 1,191 (1,066)
Total operating expenses 326,854 309,365 937,729 925,599
Operating loss (72,834) (23,043) (233,461) (74,906)
Other income (expense):        
Interest income 1,317 2,364 5,664 6,001
Interest expense, net of amounts capitalized (31,098) (34,293) (92,182) (92,196)
Foreign currency transaction (loss) gain (77) (743) (1,883) 115
Other, net 82 (179) 520 664
Loss before income tax benefit (102,610) (55,894) (321,342) (160,322)
Income tax benefit 7,482 4,782 38,898 59,257
Net loss $ (95,128) $ (51,112) $ (282,444) $ (101,065)
Loss per share, Basic and Diluted $ (0.69) $ (0.37) $ (2.05) $ (0.74)
Weighted-average shares outstanding:        
Shares of common stock 137,694 137,434 137,636 137,386
Total weighted-average shares outstanding 137,694 137,434 137,636 137,386
Contract Drilling [Member]        
Revenues:        
Total revenues $ 242,315 $ 280,691 $ 676,284 $ 833,970
Operating expenses:        
Contract drilling, excluding depreciation 201,568 188,456 593,779 562,466
Reimbursable Expenses [Member]        
Revenues:        
Total revenues 11,705 5,631 27,984 16,723
Operating expenses:        
Contract drilling, excluding depreciation $ 11,423 $ 5,574 $ 27,479 $ 16,458