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BUSINESS SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

9 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Summary of Financial Information of the Entity's Reportable Segments

Summarized financial information of our reportable segments for the three months ended June 30, 2019 and 2018 is shown in the following tables:

	Three Months Ended June 30, 2019
(in thousands)	U.S. Land (1)				Offshore				International Land				H&P Technologies				Other				Eliminations				Total
External Sales	$	593,297			$	37,674			$	46,283			$	7,534			$	3,186			$	—			$	687,974
Intersegment	—				—				—				1,842				8				$	(1,850	)		—
Total Sales	593,297				37,674				46,283				9,376				3,194				(1,850		)		687,974
Segment Operating Income (Loss)	(138,205		)		5,078				(5,023		)		(8,810		)		(731		)		—				(147,691		)

	Three Months Ended June 30, 2018
(in thousands)	U.S. Land				Offshore				International Land				H&P Technologies (2)				Other (2)				Eliminations				Total
External Sales	$	536,582			$	37,669			$	63,297			$	7,693			$	3,631			$	—			$	648,872
Intersegment	599				—				—				—				303				(902		)		—
Total Sales	537,181				37,669				63,297				7,693				3,934				(902		)		648,872
Segment Operating Income (Loss)	34,339				3,780				4,332				(9,052		)		1,826				—				35,225

(1) Includes $9.1 million of technology related sales, of which $1.8 million is fulfilled by the H&P Technologies business segment.

(2) Prior period information has been recast to reflect the change in operating segments.

Summarized financial information of our reportable segments for the nine months ended June 30, 2019 and 2018 is shown in the following tables:

	Nine Months Ended June 30, 2019
(in thousands)	U.S. Land (1)				Offshore				International Land				H&P Technologies				Other				Eliminations				Total
External Sales	$	1,842,054			$	109,167			$	163,378			$	25,199			$	9,642			$	—			$	2,149,440
Intersegment	—				—				—				4,154				23				(4,177		)		—
Total Sales	1,842,054				109,167				163,378				29,353				9,665				(4,177		)		2,149,440
Segment Operating Income (Loss)	47,602				16,778				9,575				(27,088		)		1,988				—				48,855

	Nine Months Ended June 30, 2018
(in thousands)	U.S. Land				Offshore				International Land				H&P Technologies (2)				Other (2)				Eliminations				Total
External Sales	$	1,480,951			$	104,018			$	178,970			$	16,842			$	9,662			$	—			$	1,790,443
Intersegment	634				—				—				—				775				(1,409		)		—
Total Sales	1,481,585				104,018				178,970				16,842				10,437				(1,409		)		1,790,443
Segment Operating Income (Loss)	86,159				17,954				7,171				(26,400		)		4,842				—				89,726

(1) Includes $20.9 million of technology related sales, of which $4.2 million is fulfilled by the H&P Technologies business segment.

(2)

Prior period information has been recast to reflect the change in operating segments.

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

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

	Three Months Ended June 30,								Nine Months Ended June 30,
(in thousands)	2019				2018				2019				2018
					As adjusted								As adjusted
Segment operating income (loss)	$	(147,691	)		$	35,225			$	48,855			$	89,726
Gain on sale of assets	9,960				4,313				27,050				15,133
Corporate selling, general and administrative costs and corporate depreciation	(30,143		)		(33,232		)		(94,344		)		(96,108		)
Operating income (loss) from continuing operations	(167,874		)		6,306				(18,439		)		8,751
Other income (expense)
Interest and dividend income	2,349				2,109				6,861				5,680
Interest expense	(6,257		)		(5,993		)		(17,145		)		(17,794		)
Loss on investment securities	(13,271		)		—				(50,228		)		—
Other	(1,599		)		(61		)		(1,051		)		170
Total unallocated amounts	(18,778		)		(3,945		)		(61,563		)		(11,944		)
Income (loss) from continuing operations before income taxes	$	(186,652	)		$	2,361			$	(80,002	)		$	(3,193	)

Schedule of Total Assets by Reportable Segment

The following table presents total assets by reportable segment:

(in thousands)	June 30, 2019				September 30, 2018
Total assets
U.S. Land	$	4,742,605			$	5,012,378
Offshore	100,490				105,439
International Land	318,195				362,033
H&P Technologies	149,712				146,957
Other	31,232				29,525
	5,342,234				5,656,332
Investments and corporate operations	555,145				558,535
Total assets from continuing operations	5,897,379				6,214,867
Discontinued operations	—				—
	$	5,897,379			$	6,214,867

Schedule of Revenues from External Customers and Long-Lived Assets

The following table presents revenues from external customers by country based on the location of service provided:

	Three Months Ended June 30,								Nine Months Ended June 30,
(in thousands)	2019				2018				2019				2018
Operating revenues
United States	641,270				585,126				1,984,695				1,610,319
Argentina	40,977				50,272				123,666				148,901
Colombia	3,451				10,639				28,075				22,872
Other Foreign	$	2,276			$	2,835			$	13,004			$	8,351
Total	$	687,974			$	648,872			$	2,149,440			$	1,790,443

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