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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Total revenues $ 980,644 $ 1,083,215 $ 1,485,746
Operating expenses:      
Depreciation 355,596 331,789 348,695
General and administrative 67,878 85,351 74,505
Impairment of assets   27,225 99,313
Restructuring and separation costs   5,041 14,146
Loss (gain) on disposition of assets 1,072 241 (10,500)
Total operating expenses 1,262,974 1,195,398 1,361,867
Operating (loss) income (282,330) (112,183) 123,879
Other income (expense):      
Interest income 6,382 8,477 2,473
Interest expense, net of amounts capitalized (122,832) (123,240) (113,528)
Loss on extinguishment of senior notes     (35,366)
Foreign currency transaction loss (3,936) (379) (1,128)
Other, net 702 700 2,230
Loss before income tax benefit (402,014) (226,625) (21,440)
Income tax benefit 44,800 46,353 39,786
Net (loss) income $ (357,214) $ (180,272) $ 18,346
(Loss) earnings per share:      
Basic $ (2.60) $ (1.31) $ 0.13
Diluted $ (2.60) $ (1.31) $ 0.13
Weighted-average shares outstanding:      
Shares of common stock 137,652 137,399 137,213
Dilutive potential shares of common stock     52
Total weighted-average shares outstanding 137,652 137,399 137,265
Contract Drilling [Member]      
Revenues:      
Total revenues $ 934,934 $ 1,059,973 $ 1,451,219
Operating expenses:      
Contract drilling, excluding depreciation 793,412 722,834 801,964
Reimbursable Expenses [Member]      
Revenues:      
Total revenues 45,710 23,242 34,527
Operating expenses:      
Contract drilling, excluding depreciation $ 45,016 $ 22,917 $ 33,744