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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating revenues    
Time charter revenues $ 302,391 $ 256,083
Voyage charter revenues 5,792 28,753
Drilling contract revenues 95,844 37,860
Interest income – sales-type leases and leaseback assets 1,396 3,809
Profit sharing income 9,932 7,135
Other operating income 4,624 4,187
Total operating revenues 419,979 337,827
(Loss)/gain on sale of vessels (17) 16,476
Operating expenses    
Vessel and rig operating expenses 146,438 134,517
Depreciation 114,999 102,159
Vessel impairment charge 0 7,389
Administrative expenses 10,825 8,447
Total operating expenses 272,262 252,512
Operating income 147,700 101,791
Non-operating income/(expense)    
Interest income – long-term loans to associated companies 2,276 2,263
Interest income – other 4,198 4,889
Interest expense 88,175 82,554
Loss on investments in equity securities (207) (792)
Interest and valuation gain/(loss) on non-designated derivatives 4,530 (2,694)
Other financial items, net (1,416) (1,090)
Equity in earnings of associated companies 1,475 1,451
Income before taxes 70,381 23,264
Tax expense (4,447) 0
Net income $ 65,934 $ 23,264
Per share information:    
Basic earnings per share (in USD per share) $ 0.52 $ 0.18
Diluted earnings per share (in USD per share) $ 0.52 $ 0.18