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BUSINESS SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Segment Performance

	September 30, 2019
(in thousands)	U.S. Land				Offshore				International Land				H&P Technologies				Other				Eliminations				Total
External Sales	$	2,366,201			$	147,635			$	211,731			$	59,990			$	12,933			$	—			$	2,798,490
Intersegment	—				—				—				—				—				—				—
Total Sales	2,366,201				147,635				211,731				59,990				12,933				—				2,798,490
Segment Operating Income (Loss)	93,088				19,594				5,366				(12,190		)		3,375				—				109,233
Depreciation and Amortization	496,770				10,010				35,466				7,696				1,523				—				551,465
Total Assets	5,099,583				102,442				217,094				184,558				32,532				—				5,636,209

	September 30, 2018
(in thousands)	U.S. Land (2)				Offshore				International Land				H&P Technologies (1) (2)				Other (1)				Eliminations			Total
External Sales	$	2,063,362			$	142,500			$	238,356			$	30,239			$	12,811			—			2,487,268
Intersegment	—				—				—				—				—							—
Total Sales	$	2,063,362			$	142,500			$	238,356			$	30,239			$	12,811			—			2,487,268
Segment Operating Income (Loss)	148,251				26,124				(683		)		(39,554		)		5,883				—			140,021
Depreciation and Amortization	504,805				10,392				46,826				7,153				1,486				—			570,662
Total Assets	5,007,548				105,439				362,033				151,787				29,525				—			5,656,332

(1) Prior period information has been restated to reflect the change in operating segments structure.

(2) Prior period information has been restated to reflect the transfer of FlexApp revenue and the related costs from U.S. Land to H&P Technologies. Certain FlexApp revenue not separately priced in drilling contracts, and recorded in the U.S. Land segment, was impracticable to retrospectively quantify, and as such was not restated.

	September 30, 2017
(in thousands)	U.S. Land (2)				Offshore				International Land				H&P Technologies (1) (2)				Other (1)				Eliminations			Total
External Sales	$	1,437,427			$	136,263			$	212,972			$	5,815			$	12,264			—			1,804,741
Intersegment	—				—				—				—				—				—			—
Total Sales	$	1,437,427			$	136,263			$	212,972			$	5,815			$	12,264			—			1,804,741
Segment Operating Income (Loss)	(97,231		)		24,201				(7,224		)		(13,356		)		6,065				—			(87,545	)
Depreciation and Amortization	499,272				11,764				53,622				3,915				1,424				—			569,997
Total Assets	4,962,808				99,533				413,392				110,468				26,883				—			5,613,084

(1) Prior period information has been restated to reflect the change in operating segments structure.

(2)

Prior period information has been restated to reflect the transfer of FlexApp revenues and the related costs from U.S. Land to H&P Technologies. Certain FlexApp revenue not separately priced in a drilling contract, and recorded in the U.S. Land segment, was impracticable to retrospectively quantify, and as such was not restated.

Reconciliation of Segment Operating Income (Loss) to Income from Continuing Operations before Income Taxes

The following table reconciles segment operating income (loss) to income from continuing operations before income taxes as reported on the Consolidated Statements of Operations:

	Year Ended September 30,
(in thousands)	2019				2018				2017
					As adjusted, Note 2
Segment operating income (loss)	109,233				140,021				(87,545		)
Gain on sale of assets	39,691				22,660				20,627
Corporate depreciation	(11,338		)		(13,140		)		(15,546		)
Corporate selling, general and administrative costs	(117,004		)		(116,577		)		(86,623		)
Operating income (loss) from continuing operations	20,582				32,964				(169,087		)
Other income (expense)
Interest and dividend income	9,468				8,017				5,915
Interest expense	(25,188		)		(24,265		)		(19,747		)
Gain (loss) on investment securities	(54,488		)		1				—
Other	(1,596		)		(876		)		(1,679		)
Total unallocated amounts	(71,804		)		(17,123		)		(15,511		)
Income (loss) from continuing operations before income taxes	$	(51,222	)		$	15,841			$	(184,598	)

Reconciliation of Segment Assets to Consolidated Assets

The following table reconciles segment total assets to total assets as reported on the Consolidated Balance Sheets:

	Year Ended September 30,
(in thousands)	2019				2018
Segment assets	$	5,636,209			$	5,656,332
Corporate assets	203,306				558,535
Total consolidated assets	$	5,839,515			$	6,214,867

Revenues from External Customers and Long-Lived Assets by Country

The following table presents revenues from external customers and long-lived assets by country based on the location of service provided:

	Year Ended September 30,
(in thousands)	2019				2018				2017
Operating revenues
United States	$	2,585,008			$	2,247,400			$	1,591,769
Argentina	165,718				190,038				157,257
Colombia	29,757				38,793				37,554
Ecuador	—				—				6
Other Foreign	18,007				11,037				18,155
Total	$	2,798,490			$	2,487,268			$	1,804,741
Property, plant and equipment, net
United States	$	4,269,405			$	4,591,913			$	4,686,235
Argentina	132,321				133,617				155,978
Colombia	61,757				74,042				81,798
Ecuador	12				10,781				22,298
Other Foreign	38,589				47,029				54,742
Total	$	4,502,084			$	4,857,382			$	5,001,051

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