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BUSINESS SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

3 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Financial Information of Reportable Segments

Summarized financial information of our reportable segments for the three months ended December 31, 2023 and 2022 is shown in the following tables:

			Three Months Ended December 31, 2023
(in thousands)			North America Solutions						Offshore Gulf of Mexico						International Solutions						Other						Eliminations						Total
External sales			$	594,282					$	25,531					$	54,752					$	2,582					$	—					$	677,147
Intersegment			—						—						—						15,226						(15,226)						—
Total sales			594,282						25,531						54,752						17,808						(15,226)						677,147
Segment operating income (loss)			$	144,490					$	3,052					$	5,423					$	(67)					$	334					$	153,232

			Three Months Ended December 31, 2022
(in thousands)			North America Solutions						Offshore Gulf of Mexico						International Solutions						Other						Eliminations						Total
External sales			$	627,163					$	35,164					$	54,801					$	2,509					$	—					$	719,637
Intersegment			—						—						—						16,402						(16,402)						—
Total sales			627,163						35,164						54,801						18,911						(16,402)						719,637
Segment operating income			$	145,297					$	6,746					$	1,574					$	4,677					$	2,310					$	160,604

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 before income taxes as reported on the Unaudited Condensed Consolidated Statements of Operations:

			Three Months Ended December 31,
(in thousands)			2023						2022
Segment operating income			$	153,232					$	160,604
Gain on reimbursement of drilling equipment			7,494						15,724
Other gain on sale of assets			2,443						2,379
Corporate selling, general and administrative costs and corporate depreciation			(39,701)						(34,484)
Operating income			123,468						144,223
Other income (expense)
Interest and dividend income			10,734						4,705
Interest expense			(4,372)						(4,355)
Loss on investment securities			(4,034)						(15,091)
Other			(543)						58
Total unallocated amounts			1,785						(14,683)
Income before income taxes			$	125,253					$	129,540

Schedule of Total Assets by Reportable Segment

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

(in thousands)			December 31, 2023						September 30, 2023
Total assets1
North America Solutions			$	3,347,139					$	3,320,203
Offshore Gulf of Mexico			76,294						73,319
International Solutions			440,094						407,143
Other			148,694						154,290
			4,012,221						3,954,955
Investments and corporate operations			409,107						427,001
			$	4,421,328					$	4,381,956

(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:

			Three Months Ended December 31,
(in thousands)			2023						2022
Operating revenues
United States			$	621,617					$	664,173
Argentina			35,876						33,834
Colombia			7,703						16,369
Bahrain			4,497						2,269
United Arab Emirates			2,365						2,337
Australia			4,312						—
Other foreign			777						655
Total			$	677,147					$	719,637

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