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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Operating revenues:        
Drilling - U.S. Land $ 482,729 $ 330,967 $ 944,369 $ 594,603
Drilling - Offshore 32,983 36,235 66,349 70,047
Drilling - International Land 52,459 34,757 115,673 102,788
Other 9,313 3,324 15,180 6,435
Total operating revenues 577,484 405,283 1,141,571 773,873
Operating costs and expenses:        
Operating costs, excluding depreciation and amortization 385,556 296,829 758,639 544,508
Depreciation and amortization 145,675 152,777 288,942 286,624
Research and development 4,436 2,719 7,670 5,527
General and administrative 48,325 33,519 94,873 67,781
Income from asset sales (5,255) (14,889) (10,820) (15,731)
Total operating costs and expenses 578,737 470,955 1,139,304 888,709
Operating income (loss) from continuing operations (1,253) (65,672) 2,267 (114,836)
Other income (expense):        
Interest and dividend income 1,847 1,338 3,571 2,328
Interest expense (6,028) (6,084) (11,801) (11,139)
Other (121) 174 409 561
Total other income (expense) (4,302) (4,572) (7,821) (8,250)
Loss from continuing operations before income taxes (5,555) (70,244) (5,554) (123,086)
Income tax benefit (3,922) (21,771) (504,563) (40,059)
Income (loss) from continuing operations (1,633) (48,473) 499,009 (83,027)
Income (loss) from discontinued operations before income taxes 1,263 (94) 744 (518)
Income tax provision 11,509 251 11,526 336
Loss from discontinued operations (10,246) (345) (10,782) (854)
NET INCOME (LOSS) $ (11,879) $ (48,818) $ 488,227 $ (83,881)
Basic earnings per common share:        
Income (loss) from continuing operations (in dollars per share) $ (0.03) $ (0.45) $ 4.55 $ (0.77)
Loss from discontinued operations (in dollars per share) (0.09)   (0.10) (0.01)
Net income (loss) (in dollars per share) (0.12) (0.45) 4.45 (0.78)
Diluted earnings per common share:        
Income (loss) from continuing operations (in dollars per share) (0.03) (0.45) 4.53 (0.77)
Loss from discontinued operations (in dollars per share) (0.09)   (0.10) (0.01)
Net income (loss) (in dollars per share) $ (0.12) $ (0.45) $ 4.43 $ (0.78)
Weighted average shares outstanding (in thousands):        
Basic (in shares) 108,868 108,565 108,775 108,419
Diluted (in shares) 108,868 108,565 109,212 108,419
Dividends declared per common share (in dollars per share) $ 0.70 $ 0.70 $ 1.4 $ 1.40