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BUSINESS SEGMENTS AND GEOGRAPHIC INFORMATION (Tables)

3 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Financial Information of Reportable Segments

Summarized financial information of our reportable segments for the three months ended December 31, 2024 and 2023 is shown in the following tables:

			Three Months Ended December 31, 2024
(in thousands)			North America Solutions						International Solutions						Offshore Gulf of Mexico						Other						Eliminations						Total
External sales			$	597,923					$	47,480					$	29,210					$	2,689					$	—					$	677,302
Intersegment			222						—						—						16,593						(16,815)						—
Total sales			598,145						47,480						29,210						19,282						(16,815)						677,302
Segment operating income (loss)			$	151,994					$	(15,170)					$	3,505					$	774					$	102					$	141,205

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

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

The following table reconciles segment operating income 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)			2024						2023
Segment operating income			$	141,205					$	153,232
Acquisition transaction costs			(10,535)						—
Gain on reimbursement of drilling equipment			9,403						7,494
Other gain (loss) on sale of assets			(1,673)						2,443
Corporate selling, general and administrative costs and corporate depreciation			(48,417)						(39,701)
Operating income			89,983						123,468
Other income (expense)
Interest and dividend income			21,741						10,734
Interest expense			(22,298)						(4,372)
Loss on investment securities			(13,367)						(4,034)
Other			360						(543)
Total unallocated amounts			(13,564)						1,785
Income before income taxes			$	76,419					$	125,253

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, 2024						September 30, 2024
Total assets1
North America Solutions			$	3,102,356					$	3,225,410
International Solutions			806,521						685,833
Offshore Gulf of Mexico			69,542						73,119
Other			163,659						157,877
			4,142,078						4,142,239
Investments and corporate operations			1,674,543						1,639,659
			$	5,816,621					$	5,781,898

(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)			2024						2023
Operating revenues
United States			$	628,680					$	621,617
Argentina			34,660						35,876
Bahrain			4,848						4,497
Australia			4,757						4,312
Saudi Arabia			3,231						—
Colombia			—						7,703
United Arab Emirates			—						2,365
Other foreign			1,126						777
Total			$	677,302					$	677,147

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