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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
OPERATING REVENUES        
Drilling services $ 721,567 $ 547,906 $ 2,205,419 $ 1,420,810
Other 2,389 2,327 7,396 6,802
Total operating revenues 723,956 550,233 2,212,815 1,427,612
OPERATING COSTS AND EXPENSES        
Drilling services operating expenses, excluding depreciation and amortization 429,182 376,210 1,306,543 1,015,621
Other operating expenses 1,003 1,053 3,317 3,416
Depreciation and amortization 94,811 100,741 287,721 304,115
Research and development 7,085 6,511 22,720 19,425
Selling, general and administrative 49,271 44,933 150,581 135,699
Asset impairment charges 0 0 12,097 4,363
Restructuring charges 0 33 0 838
Gain on reimbursement of drilling equipment (10,642) (9,895) (37,940) (21,597)
Other (gain) loss on sale of assets (4,504) 3,075 394 2,762
Total operating costs and expenses 575,214 516,511 1,744,645 1,459,118
OPERATING INCOME (LOSS) FROM CONTINUING OPERATIONS 148,742 33,722 468,170 (31,506)
Other income (expense)        
Interest and dividend income 10,748 5,313 20,508 11,301
Interest expense (4,324) (4,372) (12,918) (14,876)
Gain (loss) on investment securities (18,538) (14,310) 6,123 55,684
Loss on extinguishment of debt 0 0 0 (60,083)
Other (685) (1,148) (2,088) (2,166)
Total unallocated amounts (12,799) (14,517) 11,625 (10,140)
Income (loss) from continuing operations before income taxes 135,943 19,205 479,795 (41,646)
Income tax expense (benefit) 40,663 1,730 124,187 (3,166)
Income (loss) from continuing operations 95,280 17,475 355,608 (38,480)
Income (loss) from discontinued operations before income taxes 13 277 870 (106)
Income tax expense 0 0 0 0
Income (loss) from discontinued operations 13 277 870 (106)
NET INCOME (LOSS) $ 95,293 $ 17,752 $ 356,478 $ (38,586)
Basic earnings (loss) per common share:        
Income (loss) from continuing operations (in dollars per share) $ 0.93 $ 0.16 $ 3.39 $ (0.37)
Income from discontinued operations (in dollars per share) 0 0 0.01 0
Net income (loss) (in dollars per share) 0.93 0.16 3.40 (0.37)
Diluted earnings (loss) per common share:        
Income (loss) from continuing operations (in dollars per share) 0.93 0.16 3.38 (0.37)
Income from discontinued operations (in dollars per share) 0 0 0.01 0
Net income (loss) (in dollars per share) $ 0.93 $ 0.16 $ 3.39 $ (0.37)
Weighted average shares outstanding:        
Basic (in shares) 101,163 105,289 103,464 106,092
Diluted (in shares) 101,550 106,021 103,852 106,092