XML 55 R40.htm IDEA: XBRL DOCUMENT
v3.8.0.1

SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2017
SEGMENT INFORMATION |
Summary of financial information of the entity's reportable segments for continuing operations |
|  |  |  |  |  |  |  |  |  |  | Segment |  | Depreciation |  |  |  |  | Additions
|  | External |  | Inter- |  | Total |  | Operating |  | and |  | Total |  | to Long-Lived
(in thousands) |  | Sales |  | Segment |  | Sales |  | Income (Loss) |  | Amortization |  | Assets |  | Assets
September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract Drilling |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Land |  | $ | 1,439,523 |  | $ | — |  | $ | 1,439,523 |  | $ | (94,880) |  | $ | 499,486 |  | $ | 4,967,074 |  | $ | 394,508
Offshore |  |  | 136,263 |  |  | — |  |  | 136,263 |  |  | 24,201 |  |  | 11,764 |  |  | 99,533 |  |  | 2,847
International Land |  |  | 212,972 |  |  | — |  |  | 212,972 |  |  | (7,224) |  |  | 53,622 |  |  | 413,392 |  |  | 3,400
|  |  | 1,788,758 |  |  | — |  |  | 1,788,758 |  |  | (77,903) |  |  | 564,872 |  |  | 5,479,999 |  |  | 400,755
Other |  |  | 15,983 |  |  | 862 |  |  | 16,845 |  |  | (9,449) |  |  | 20,671 |  |  | 959,986 |  |  | 7,351
|  |  | 1,804,741 |  |  | 862 |  |  | 1,805,603 |  |  | (87,352) |  |  | 585,543 |  |  | 6,439,985 |  |  | 408,106
Eliminations |  |  | — |  |  | (862) |  |  | (862) |  |  | — |  |  | — |  |  | — |  |  | —
Total |  | $ | 1,804,741 |  | $ | — |  | $ | 1,804,741 |  | $ | (87,352) |  | $ | 585,543 |  | $ | 6,439,985 |  | $ | 408,106
|  |  |  |  |  |  |  |  |  |  | Segment |  |  |  |  |  |  |  | Additions
|  | External |  | Inter- |  | Total |  | Operating |  |  |  |  | Total |  | to Long-Lived
(in thousands) |  | Sales |  | Segment |  | Sales |  | Income (Loss) |  | Depreciation |  | Assets |  | Assets
September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract Drilling |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Land |  | $ | 1,242,462 |  | $ | — |  | $ | 1,242,462 |  | $ | 74,118 |  | $ | 508,237 |  | $ | 5,005,299 |  | $ | 209,156
Offshore |  |  | 138,601 |  |  | — |  |  | 138,601 |  |  | 15,659 |  |  | 12,495 |  |  | 105,152 |  |  | 9,694
International Land |  |  | 229,894 |  |  | — |  |  | 229,894 |  |  | (14,086) |  |  | 57,102 |  |  | 487,181 |  |  | 2,364
|  |  | 1,610,957 |  |  | — |  |  | 1,610,957 |  |  | 75,691 |  |  | 577,834 |  |  | 5,597,632 |  |  | 221,214
Other |  |  | 13,275 |  |  | 855 |  |  | 14,130 |  |  | (7,491) |  |  | 20,753 |  |  | 1,234,323 |  |  | 20,076
|  |  | 1,624,232 |  |  | 855 |  |  | 1,625,087 |  |  | 68,200 |  |  | 598,587 |  |  | 6,831,955 |  |  | 241,290
Eliminations |  |  | — |  |  | (855) |  |  | (855) |  |  | — |  |  | — |  |  | — |  |  | —
Total |  | $ | 1,624,232 |  | $ | — |  | $ | 1,624,232 |  | $ | 68,200 |  | $ | 598,587 |  | $ | 6,831,955 |  | $ | 241,290
|  |  |  |  |  |  |  |  |  |  | Segment |  |  |  |  |  |  |  | Additions
|  | External |  | Inter- |  | Total |  | Operating |  |  |  |  | Total |  | to Long-Lived
(in thousands) |  | Sales |  | Segment |  | Sales |  | Income (Loss) |  | Depreciation |  | Assets |  | Assets
September 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contract Drilling |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Land |  | $ | 2,523,518 |  | $ | — |  | $ | 2,523,518 |  | $ | 698,375 |  | $ | 519,950 |  | $ | 5,429,179 |  | $ | 949,978
Offshore |  |  | 241,666 |  |  | — |  |  | 241,666 |  |  | 68,002 |  |  | 11,659 |  |  | 118,852 |  |  | 16,100
International Land |  |  | 382,331 |  |  | — |  |  | 382,331 |  |  | (7,093) |  |  | 57,334 |  |  | 565,712 |  |  | 39,645
|  |  | 3,147,515 |  |  | — |  |  | 3,147,515 |  |  | 759,284 |  |  | 588,943 |  |  | 6,113,743 |  |  | 1,005,723
Other |  |  | 14,187 |  |  | 880 |  |  | 15,067 |  |  | (10,911) |  |  | 19,096 |  |  | 1,025,402 |  |  | 27,518
|  |  | 3,161,702 |  |  | 880 |  |  | 3,162,582 |  |  | 748,373 |  |  | 608,039 |  |  | 7,139,145 |  |  | 1,033,241
Eliminations |  |  | — |  |  | (880) |  |  | (880) |  |  | — |  |  | — |  |  | — |  |  | —
Total |  | $ | 3,161,702 |  | $ | — |  | $ | 3,161,702 |  | $ | 748,373 |  | $ | 608,039 |  | $ | 7,139,145 |  | $ | 1,033,241
Schedule of reconciliation of segment operating income (loss) to income from continuing operations before income taxes |
|  | Year Ended September 30, |
|  | 2017 |  | 2016 |  | 2015 |
|  | (in thousands) |
Segment operating income (loss) |  | $ | (87,352) |  | $ | 68,200 |  | $ | 748,373 |
Income from asset sales |  |  | 20,627 |  |  | 9,896 |  |  | 11,834 |
Corporate general and administrative costs and corporate depreciation |  |  | (105,816) |  |  | (104,062) |  |  | (88,244) |
Operating income (loss) |  |  | (172,541) |  |  | (25,966) |  |  | 671,963 |
Other income (expense) |  |  |  |  |  |  |  |  |  |
Interest and dividend income |  |  | 5,915 |  |  | 3,166 |  |  | 5,840 |
Interest expense |  |  | (19,747) |  |  | (22,913) |  |  | (15,023) |
Loss on investment securities |  |  | — |  |  | (25,989) |  |  | — |
Other |  |  | 1,775 |  |  | (965) |  |  | (901) |
Total unallocated amounts |  |  | (12,057) |  |  | (46,701) |  |  | (10,084) |
Income (loss) from continuing operations before income taxes |  | $ | (184,598) |  | $ | (72,667) |  | $ | 661,879 |
Schedule of revenues from external customers and long-lived assets |
|  | Year Ended September 30, |
|  | 2017 |  | 2016 |  | 2015 |
|  | (in thousands) |
Operating Revenues |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,591,769 |  | $ | 1,386,786 |  | $ | 2,750,043 |
Argentina |  |  | 157,257 |  |  | 159,427 |  |  | 177,984 |
Colombia |  |  | 37,554 |  |  | 20,488 |  |  | 70,076 |
Ecuador |  |  | 6 |  |  | 4,948 |  |  | 30,987 |
Other Foreign |  |  | 18,155 |  |  | 52,583 |  |  | 132,612 |
Total |  | $ | 1,804,741 |  | $ | 1,624,232 |  | $ | 3,161,702 |
Long-Lived Assets |  |  |  |  |  |  |  |  |  |
United States |  | $ | 4,686,235 |  | $ | 4,804,328 |  | $ | 5,149,315 |
Argentina |  |  | 155,978 |  |  | 183,286 |  |  | 211,862 |
Colombia |  |  | 81,798 |  |  | 91,815 |  |  | 102,401 |
Ecuador |  |  | 22,298 |  |  | 438 |  |  | 28,918 |
Other Foreign |  |  | 54,742 |  |  | 64,866 |  |  | 70,674 |
Total |  | $ | 5,001,051 |  | $ | 5,144,733 |  | $ | 5,563,170 |

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration