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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill by Operating Segment

Goodwill All of the Company’s goodwill at both September 30, 2016 and December 31, 2015 related to the contract drilling operating segment.  Goodwill as of September 30, 2016 and changes for the nine months then ended are as follows (in thousands):

 

 

Nine Months Ended

 

 

September 30, 2016

 

Balance at beginning of period

$

86,234

 

Changes to goodwill

 

Balance at end of period

$

86,234

 

 

Gross Carrying Amount and Accumulated Amortization of Customer Relationships

The following table presents the gross carrying amount and accumulated amortization of the customer relationships as of September 30, 2016 and December 31, 2015 (in thousands):

 

 

September 30, 2016

 

 

December 31, 2015

 

 

Gross

 

 

 

 

 

 

Net

 

 

Gross

 

 

 

 

 

 

Net

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Carrying

 

 

Accumulated

 

 

Carrying

 

 

Amount

 

 

Amortization

 

 

Amount

 

 

Amount

 

 

Amortization

 

 

Amount

 

Customer relationships

$

25,500

 

 

$

(21,857

)

 

$

3,643

 

 

$

25,500

 

 

$

(19,125

)

 

$

6,375