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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
OPERATING REVENUES        
Drilling services $ 547,906 $ 329,774 $ 1,420,810 $ 868,581
Other 2,327 2,439 6,802 6,180
Total operating revenues 550,233 332,213 1,427,612 874,761
OPERATING COSTS AND EXPENSES        
Drilling services operating expenses, excluding depreciation and amortization 376,210 255,471 1,015,621 684,473
Other operating expenses 1,053 1,481 3,416 4,117
Depreciation and amortization 100,741 104,493 304,115 317,771
Research and development 6,511 5,610 19,425 16,527
Selling, general and administrative 44,933 41,719 135,699 120,371
Asset impairment charge 0 2,130 4,363 56,414
Restructuring charges 33 2,110 838 3,856
Gain on reimbursement of drilling equipment (9,895) (4,268) (21,597) (10,207)
Other (gain) loss on sale of assets (3,075) 834 (2,762) 12,952
Total operating costs and expenses 516,511 409,580 1,459,118 1,206,274
OPERATING INCOME (LOSS) FROM CONTINUING OPERATIONS 33,722 (77,367) (31,506) (331,513)
Other income (expense)        
Interest and dividend income 5,313 1,527 11,301 8,225
Interest expense (4,372) (5,963) (14,876) (17,861)
Gain (loss) on investment securities (14,310) 2,409 55,684 7,853
Loss on extinguishment of debt 0 0 (60,083) 0
Other (1,148) (970) (2,166) (3,027)
Total other income (expense) (14,517) (2,997) (10,140) (4,810)
Income (loss) from continuing operations before income taxes 19,205 (80,364) (41,646) (336,323)
Income tax expense (benefit) 1,730 (23,659) (3,166) (78,398)
Income (loss) from continuing operations 17,475 (56,705) (38,480) (257,925)
Income (loss) from discontinued operations before income taxes 277 1,150 (106) 10,936
Income tax provision 0 0 0 0
Income (loss) from discontinued operations 277 1,150 (106) 10,936
NET INCOME (LOSS) $ 17,752 $ (55,555) $ (38,586) $ (246,989)
Basic earnings (loss) per common share:        
Income (loss) from continuing operations (in dollars per share) $ 0.16 $ (0.53) $ (0.37) $ (2.40)
Income from discontinued operations (in dollars per share) 0 0.01 0 0.10
Net income (loss) (in dollars per share) 0.16 (0.52) (0.37) (2.30)
Diluted earnings (loss) per common share:        
Income (loss) from continuing operations (in dollars per share) 0.16 (0.53) (0.37) (2.40)
Income from discontinued operations (in dollars per share) 0 0.01 0 0.10
Net Income (loss) (in dollars per share) $ 0.16 $ (0.52) $ (0.37) $ (2.30)
Weighted average shares outstanding:        
Basic (in shares) 105,289 107,896 106,092 107,790
Diluted (in shares) 106,021 107,896 106,092 107,790