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BUSINESS SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Financial Information of Reportable Segments

Summarized financial information of our reportable segments for the fiscal years ended September 30, 2022, 2021 and 2020 is shown in the following tables:

			September 30, 2022
(in thousands)			North America Solutions						Offshore Gulf of Mexico						International Solutions						Other						Eliminations						Total
External sales			$	1,788,167					$	125,465					$	136,072					$	9,240					$	—					$	2,058,944
Intersegment			—						—						—						57,047						(57,047)						—
Total sales			1,788,167						125,465						136,072						66,287						(57,047)						2,058,944
Segment operating income (loss)			121,893						23,214						(138)						12,720						(6,422)						151,267
Depreciation and amortization			375,250						9,175						4,156						1,701						—						390,282

			September 30, 2021
(in thousands)			North America Solutions						Offshore Gulf of Mexico						International Solutions						Other						Eliminations						Total
External sales			$	1,026,364					$	126,399					$	57,917					$	7,888					$	—					$	1,218,568
Intersegment			—						—						—						35,416						(35,416)						—
Total sales			1,026,364						126,399						57,917						43,304						(35,416)						1,218,568
Segment operating income (loss)			(287,176)						15,969						(21,003)						(9,704)						(1,580)						(303,494)
Depreciation and amortization			392,415						10,557						2,013						1,426						—						406,411

			September 30, 2020
(in thousands)			North America Solutions						Offshore Gulf of Mexico						International Solutions						Other						Eliminations						Total
External sales			$	1,474,380					$	143,149					$	144,185					$	12,213					$	—					$	1,773,927
Intersegment			—						—						—						36,901						(36,901)						—
Total sales			1,474,380						143,149						144,185						49,114						(36,901)						1,773,927
Segment operating income (loss)			(393,902)						7,478						(162,368)						4,403						—						(544,389)
Depreciation and amortization			438,039						11,681						17,531						1,241						—						468,492

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 (loss) from continuing operations before income taxes as reported on the Consolidated Statements of Operations:

			Year Ended September 30,
(in thousands)			2022						2021						2020
Segment operating income (loss)			$	151,267					$	(303,494)					$	(544,389)
Gain on reimbursement of drilling equipment			29,443						12,322						26,959
Other gain (loss) on sale of assets			5,432						(11,280)						19,816
Corporate selling, general and administrative costs, corporate depreciation and corporate restructuring charges			(140,850)						(126,097)						(122,573)
Operating income (loss) from continuing operations			45,292						(428,549)						(620,187)
Other income (expense)
Interest and dividend income			18,090						10,254						7,304
Interest expense			(19,203)						(23,955)						(24,474)
Gain (loss) on investment securities			57,937						6,727						(8,720)
Gain on sale of subsidiary			—						—						14,963
Loss on extinguishment of debt			(60,083)						—						—
Other			(11,115)						(5,657)						(5,384)
Total unallocated amounts			(14,374)						(12,631)						(16,311)
Income (loss) from continuing operations before income taxes			$	30,918					$	(441,180)					$	(636,498)

Schedule of Total Assets by Reportable Segment

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

			Year Ended September 30,
(in thousands)			2022						2021
Total assets1
North America Solutions			$	3,406,824					$	3,418,569
Offshore Gulf of Mexico			80,993						84,580
International Solutions			330,974						269,820
Other			120,305						95,398
			3,939,096						3,868,367
Investments and corporate operations			416,435						1,165,761
Total assets from continuing operations			$	4,355,531					$	5,034,128

(1)Assets by segment exclude investments in subsidiaries and intersegment activity.

Schedule of Revenues from External Customers by Country

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

			Year Ended September 30,
(in thousands)			2022						2021						2020
Operating revenues
United States			$	1,920,026					$	1,158,230					$	1,626,407
Argentina			91,385						27,855						84,402
Bahrain			16,986						27,435						28,653
United Arab Emirates			5,698						957						24,716
Colombia			22,003						1,674						6,414
Other foreign			2,846						2,417						3,335
Total			$	2,058,944					$	1,218,568					$	1,773,927

The following table presents property, plant and equipment by country based on the location of service provided:

			Year Ended September 30,
(in thousands)			2022						2021
Property, plant and equipment, net
United States			$	2,872,145					$	3,042,140
Argentina			54,789						50,944
Colombia			21,809						22,959
Other foreign			12,066						11,244
Total			$	2,960,809					$	3,127,287

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