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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Total revenues $ 138,257 $ 254,020 $ 565,630 $ 704,268
Operating expenses:        
Depreciation 75,330 88,693 243,208 263,844
General and administrative 12,781 18,830 44,827 51,436
Impairment of assets     774,028  
Restructuring and separation costs 344   17,463  
(Gain) loss on disposition of assets (479) 6,340 (4,132) 1,191
Total operating expenses 227,475 326,854 1,584,767 937,729
Operating loss (89,218) (72,834) (1,019,137) (233,461)
Other income (expense):        
Interest income 22 1,317 520 5,664
Interest expense, net of amounts capitalized (excludes $37,834 and $62,470 of contractual interest expense on debt subject to compromise for the three- and nine-month periods ended September 30, 2020) (98) (31,098) (42,753) (92,182)
Foreign currency transaction loss (661) (77) (1,458) (1,883)
Reorganization items, net (8,663)   (62,640)  
Other, net 107 82 349 520
Loss before income tax (expense) benefit (98,511) (102,610) (1,125,119) (321,342)
Income tax (expense) benefit (95) 7,482 19,753 38,898
Net loss $ (98,606) $ (95,128) $ (1,105,366) $ (282,444)
Loss per share, Basic and Diluted $ (0.71) $ (0.69) $ (8.01) $ (2.05)
Weighted-average shares outstanding:        
Shares of common stock 138,054 137,694 137,976 137,636
Total weighted-average shares outstanding 138,054 137,694 137,976 137,636
Contract Drilling [Member]        
Revenues:        
Total revenues $ 129,345 $ 242,315 $ 535,848 $ 676,284
Operating expenses:        
Contract drilling, excluding depreciation 130,921 201,568 481,376 593,779
Reimbursable Expenses [Member]        
Revenues:        
Total revenues 8,912 11,705 29,782 27,984
Operating expenses:        
Contract drilling, excluding depreciation $ 8,578 $ 11,423 $ 27,997 $ 27,479