SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Sep. 30, 2015

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 16 SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	(in thousands, except per share amounts)
2015	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Operating revenues	$	1,056,585	$	883,052	$	659,694	$	566,110
Operating income (loss)		331,819		227,172		132,780		(16,021	)
Income (loss) from continuing operations		203,057		149,536		90,887		(21,208	)
Net income (loss)		203,042		149,537		90,860		(21,214	)
Basic earnings per common share:
Income (loss) from continuing operations		1.87		1.38		0.84		(0.20	)
Net income (loss)		1.87		1.38		0.84		(0.20	)
Diluted earnings per common share:
Income (loss) from continuing operations		1.85		1.37		0.83		(0.20	)
Net income		1.85		1.37		0.83		(0.20	)

2014	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Operating revenues	$	889,152	$	893,430	$	952,087	$	985,038
Operating income		264,031		255,342		271,912		263,502
Income from continuing operations		173,182		174,589		192,290		168,705
Net income		173,182		174,570		192,279		168,688
Basic earnings per common share:
Income from continuing operations		1.61		1.61		1.77		1.55
Net income		1.61		1.61		1.77		1.55
Diluted earnings per common share:
Income from continuing operations		1.59		1.59		1.75		1.53
Net income		1.59		1.59		1.75		1.53

The sum of earnings per share for the four quarters may not equal the total earnings per share for the year due to changes in the average number of common shares outstanding.

In the first quarter of fiscal 2015, net income includes an after-tax gain from the sale of assets of $2.5 million, $0.02 per share on a diluted basis.

In the second quarter of fiscal 2015, net income includes an after-tax gain from the sale of assets of $1.9 million, $0.02 per share on a diluted basis and an after-tax abandonment charge, primarily related to the decommission of 17 SCR powered FlexRigs, of approximately $7.5 million, $0.05 per share on a diluted basis.

In the third quarter of fiscal 2015, net income includes an after-tax gain from the sale of assets of $1.3 million, $0.01 per share on a diluted basis.

In the fourth quarter of fiscal 2015, net income includes an after-tax gain from the sale of assets of $1.7 million, $0.02 per share on a diluted basis.

In the fourth quarter of fiscal 2015, net income includes an after-tax impairment charge of approximately $24.9 million, $0.23 per share on a diluted basis and an after-tax abandonment charge primarily due to the decommission of six SCR powered land rigs and other used drilling equipment of approximately $19.1 million, $0.18 per share on a diluted basis.

In the first quarter of fiscal 2014, net income includes an after-tax gain from the sale of assets of $3.7 million, $0.03 per share on a diluted basis.

In the second quarter of fiscal 2014, net income includes an after-tax gain from the sale of assets of $2.7 million, $0.02 per share on a diluted basis, and an after-tax gain from the sale of investment securities of $12.9 million, $0.12 per share on a diluted basis.

In the third quarter of fiscal 2014, net income includes an after-tax gain from the sale of assets of $1.4 million, $0.01 per share on a diluted basis, and an after-tax gain from the sale of investment securities of $14.9 million, $0.13 per share on a diluted basis.

In the fourth quarter of fiscal 2014, net income includes an after-tax gain from the sale of assets of $5.0 million, $0.05 per share on a diluted basis.