v3.24.1.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues    
Operating revenues $ 637,084 $ 610,054
Operating costs and expenses    
Depreciation and amortization 86,698 69,942
General and administrative 25,961 30,037
Merger and integration costs 9,331 11,631
Hurricane losses and (recoveries), net 0 3,544
Total operating costs and expenses 529,537 502,949
Operating income (loss) 107,547 107,105
Other income (expense)    
Interest expense, net of amounts capitalized (17,544) (16,872)
Interest income and other, net (4,735) 2,026
Income (loss) before income taxes 85,268 92,259
Income tax benefit (provision) 10,213 15,804
Net income (loss) $ 95,481 $ 108,063
Basic:    
Net income (loss) (in usd per share) $ 0.67 $ 0.80
Diluted:    
Net income (loss) (in usd per share) $ 0.66 $ 0.74
Contract drilling services    
Operating revenues    
Operating revenues $ 612,425 $ 575,290
Operating costs and expenses    
Cost of services 389,867 361,789
Reimbursables and other    
Operating revenues    
Operating revenues 24,659 34,764
Operating costs and expenses    
Cost of services $ 17,680 $ 26,006