10-Q Filing

PATTERSON UTI ENERGY INC CIK: 889900 Q2 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-204320`
Period End Date	20110630
Filing Date	20110801
Fiscal Year	2011
Fiscal Period	Q2
XBRL Instance	pten-20110630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 127 Cash Flow Statement 81 Stockholders Equity 35 Comprehensive Income 2

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$5.11M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.88M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$64.58M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$49.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.61M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$95.98M	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $4,878 and $5,114 at June 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$406.25M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $4,878 and $5,114 at June 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$337.17M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$75.06M	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$1.31M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventory	`InventoryNet`	$23.49M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Inventory	`InventoryNet`	$17.21M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	183.04M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	181.54M	shares	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$75.80M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$26.82M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	155.56M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	154.19M	shares	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$23.37M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	27.34M	shares	Point-in-time
Other	`OtherAssetsCurrent`	$58.73M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$50.17M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	27.48M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$630.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$557.41M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.89B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.62B	USD	Point-in-time
Goodwill and intangible assets	`GoodwillAndIntangibleAssetsNet`	$179.68M	USD	Point-in-time
Goodwill and intangible assets	`GoodwillAndIntangibleAssetsNet`	$177.63M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$51.08M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$66.30M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$13.95M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$12.84M	USD	Point-in-time
Total assets	`Assets`	$3.42B	USD	Point-in-time
Total assets	`Assets`	$3.78B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$230.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$162.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$158.26M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$147.31M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$8.75M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$397.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$315.96M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$387.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$392.50M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$511.42M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$630.74M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$10.79M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$15.54M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.43B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.24B	USD	Point-in-time
Commitments and contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $.01; authorized 1,000,000 shares, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, par value $.01; authorized 1,000,000 shares, no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $.01; authorized 300,000,000 shares with 183,043,921 and 181,537,568 issued and 155,561,314 and 154,193,754 outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$1.83M	USD	Point-in-time
Common stock, par value $.01; authorized 300,000,000 shares with 183,043,921 and 181,537,568 issued and 155,561,314 and 154,193,754 outstanding at June 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$1.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$824.73M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$796.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.13B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.99B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$21.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$23.76M	USD	Point-in-time
Treasury stock, at cost, 27,482,607 shares and 27,343,814 shares at June 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$620.45M	USD	Point-in-time
Treasury stock, at cost, 27,482,607 shares and 27,343,814 shares at June 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$624.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.78B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.42B	USD	Point-in-time

Income Statement 127 line items

Line Item	Tag	Value	Unit	Period
Contract drilling	`RevenueOilAndGasServices`	$239.97M	USD	1 Quarter
Contract drilling	`RevenueOilAndGasServices`	$386.48M	USD	1 Quarter
Contract drilling	`RevenueOilAndGasServices`	$763.84M	USD	2 Qtrs
Contract drilling	`RevenueOilAndGasServices`	$450.71M	USD	2 Qtrs
Pressure pumping	`RevenueFromPressurePumping`	$59.36M	USD	1 Quarter
Pressure pumping	`RevenueFromPressurePumping`	$200.13M	USD	1 Quarter
Pressure pumping	`RevenueFromPressurePumping`	$113.11M	USD	2 Qtrs
Pressure pumping	`RevenueFromPressurePumping`	$379.79M	USD	2 Qtrs
Oil and natural gas	`OilAndGasSalesRevenue`	$7.66M	USD	1 Quarter
Oil and natural gas	`OilAndGasSalesRevenue`	$13.45M	USD	1 Quarter
Oil and natural gas	`OilAndGasSalesRevenue`	$14.76M	USD	2 Qtrs
Oil and natural gas	`OilAndGasSalesRevenue`	$23.84M	USD	2 Qtrs
Total operating revenues	`SalesRevenueNet`	$306.99M	USD	1 Quarter
Total operating revenues	`SalesRevenueNet`	$600.06M	USD	1 Quarter
Total operating revenues	`SalesRevenueNet`	$578.59M	USD	2 Qtrs
Total operating revenues	`SalesRevenueNet`	$1.17B	USD	2 Qtrs
Contract drilling	`ContractDrillingExpenses`	$149.30M	USD	1 Quarter
Contract drilling	`ContractDrillingExpenses`	$218.75M	USD	1 Quarter
Contract drilling	`ContractDrillingExpenses`	$284.45M	USD	2 Qtrs
Contract drilling	`ContractDrillingExpenses`	$437.45M	USD	2 Qtrs
Pressure pumping	`PressurePumpingOperatingCost`	$41.97M	USD	1 Quarter
Pressure pumping	`PressurePumpingOperatingCost`	$81.10M	USD	2 Qtrs
Pressure pumping	`PressurePumpingOperatingCost`	$128.87M	USD	1 Quarter
Pressure pumping	`PressurePumpingOperatingCost`	$247.44M	USD	2 Qtrs
Oil and natural gas	`OilAndGasProductionExpense`	$3.84M	USD	2 Qtrs
Oil and natural gas	`OilAndGasProductionExpense`	$1.78M	USD	1 Quarter
Oil and natural gas	`OilAndGasProductionExpense`	$2.10M	USD	1 Quarter
Oil and natural gas	`OilAndGasProductionExpense`	$4.10M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAndImpairment`	$198.96M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAndImpairment`	$154.50M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAndImpairment`	$102.75M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAndImpairment`	$78.78M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$12.34M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$32.72M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$16.75M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$23.81M	USD	2 Qtrs
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$21.94M	USD	1 Quarter
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$1.02M	USD	1 Quarter
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$2.62M	USD	2 Qtrs
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$21.69M	USD	2 Qtrs
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$-1.00M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$-1.00M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$918.06M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$525.00M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$468.20M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$261.24M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$249.41M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$45.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$131.86M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$53.59M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.57M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.38M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$45.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$88.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$1.38M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.78M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.51M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.40M	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	$197.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	$174.00K	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$249.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	$78.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-7.12M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$171.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-968.00K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.39M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$52.62M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$128.47M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$242.29M	USD	2 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$45.93M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$1.94M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$-2.48M	USD	2 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$19.03M	USD	2 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$15.45M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$70.00M	USD	2 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$31.38M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$14.46M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$21.39M	USD	2 Qtrs
Total income tax expense	`IncomeTaxExpenseBenefit`	$89.03M	USD	2 Qtrs
Total income tax expense	`IncomeTaxExpenseBenefit`	$46.83M	USD	1 Quarter
Total income tax expense	`IncomeTaxExpenseBenefit`	$16.40M	USD	1 Quarter
Total income tax expense	`IncomeTaxExpenseBenefit`	$18.91M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$29.53M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$81.64M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$33.71M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$153.26M	USD	2 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-367.00K	USD	2 Qtrs
Net income	`ProfitLoss`	$152.89M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.53M	USD	1 Quarter
Net income	`ProfitLoss`	$81.64M	USD	1 Quarter
Net income	`ProfitLoss`	$33.71M	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.53	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.19	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.22	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.99	USD	2 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	2 Qtrs
Basic net income per common share	`EarningsPerShareBasic`	$0.99	USD	2 Qtrs
Basic net income per common share	`EarningsPerShareBasic`	$0.22	USD	2 Qtrs
Basic net income per common share	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Basic net income per common share	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.19	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.52	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.98	USD	2 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.22	USD	2 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	2 Qtrs
Diluted net income per common share	`EarningsPerShareDiluted`	$0.22	USD	2 Qtrs
Diluted net income per common share	`EarningsPerShareDiluted`	$0.98	USD	2 Qtrs
Diluted net income per common share	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Diluted net income per common share	`EarningsPerShareDiluted`	$0.52	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.56M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	152.65M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	152.55M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.34M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	155.25M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	152.85M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	152.87M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	155.58M	shares	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareDeclaredAndPaid`	$0.05	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareDeclaredAndPaid`	$0.10	USD	2 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareDeclaredAndPaid`	$0.05	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareDeclaredAndPaid`	$0.10	USD	2 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Interest expense, capitalized interest	`InterestPaidCapitalized`	-	USD	2 Qtrs
Interest expense, capitalized interest	`InterestPaidCapitalized`	$4.47M	USD	2 Qtrs
Net income	`ProfitLoss`	$152.89M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.53M	USD	1 Quarter
Net income	`ProfitLoss`	$81.64M	USD	1 Quarter
Net income	`ProfitLoss`	$33.71M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAndImpairment`	$198.96M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAndImpairment`	$154.50M	USD	2 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAndImpairment`	$102.75M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAndImpairment`	$78.78M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$-1.00M	USD	1 Quarter
Provision for bad debts	`ProvisionForDoubtfulAccounts`	$-1.00M	USD	2 Qtrs
Dry holes and abandonments	`ExplorationAbandonmentAndImpairmentExpense`	$486.00K	USD	2 Qtrs
Dry holes and abandonments	`ExplorationAbandonmentAndImpairmentExpense`	$150.00K	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$70.00M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$31.38M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$14.46M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$21.39M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$7.99M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.85M	USD	2 Qtrs
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$21.94M	USD	1 Quarter
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$1.02M	USD	1 Quarter
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$2.62M	USD	2 Qtrs
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$21.69M	USD	2 Qtrs
Tax expense related to stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$1.48M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$47.38M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$71.42M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivableAndPayable`	$-113.69M	USD	2 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivableAndPayable`	$-73.75M	USD	2 Qtrs
Inventory and other assets	`IncreaseDecreaseInInventoryAndOtherAssets`	$13.28M	USD	2 Qtrs
Inventory and other assets	`IncreaseDecreaseInInventoryAndOtherAssets`	$13.72M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$18.44M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$10.65M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$16.34M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$11.86M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$1.19M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.75M	USD	2 Qtrs
Net cash provided by (used in) operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$10.69M	USD	2 Qtrs
Net cash provided by (used in) operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-339.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$435.27M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$293.58M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$427.62M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$298.85M	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.47M	USD	2 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$25.23M	USD	2 Qtrs
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$25.50M	USD	Point-in-time
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$42.65M	USD	Point-in-time
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$25.50M	USD	2 Qtrs
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$42.65M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-230.97M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-394.64M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.43M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$4.22M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$15.48M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$15.38M	USD	2 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$2.50M	USD	2 Qtrs
Tax benefit related to stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.24M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$290.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$13.01M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.53M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.95M	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$290.00K	USD	2 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$15.00K	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$36.97M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$46.10M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$64.58M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$49.88M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$27.61M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$95.98M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$64.58M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$49.88M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$27.61M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$95.98M	USD	Point-in-time
Interest expense, net of capitalized interest of $4,468 in 2011 and $0 in 2010	`InterestPaidNet`	$6.21M	USD	2 Qtrs
Interest expense, net of capitalized interest of $4,468 in 2011 and $0 in 2010	`InterestPaidNet`	$1.73M	USD	2 Qtrs
Income taxes	`ProceedsFromIncomeTaxRefunds`	$61.35M	USD	2 Qtrs
Income taxes	`ProceedsFromIncomeTaxRefunds`	$115.73M	USD	2 Qtrs
Net increase in payables for purchases of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$71.26M	USD	2 Qtrs
Net increase in payables for purchases of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$57.81M	USD	2 Qtrs
Net increase in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$-32.03M	USD	2 Qtrs
Net increase in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$-15.22M	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesIssued`	183.04M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	181.54M	shares	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Net income	`ProfitLoss`	$152.89M	USD	2 Qtrs
Net income	`ProfitLoss`	$29.53M	USD	1 Quarter
Net income	`ProfitLoss`	$81.64M	USD	1 Quarter
Net income	`ProfitLoss`	$33.71M	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $0 in 2011 and $2,814 in 2010	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$2.16M	USD	2 Qtrs
Foreign currency translation adjustment, net of tax of $0 in 2011 and $2,814 in 2010	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$3.03M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$36.74M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$155.05M	USD	2 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	748,002.00	shares	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$13.01M	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$290.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.85M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.99M	USD	2 Qtrs
Tax benefit related to stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$-1.48M	USD	2 Qtrs
Tax benefit related to stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$5.24M	USD	2 Qtrs
Payment of cash dividends	`DividendsCommonStockCash`	$7.71M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$7.77M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$15.48M	USD	2 Qtrs
Payment of cash dividends	`DividendsCommonStockCash`	$7.68M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$15.38M	USD	2 Qtrs
Payment of cash dividends	`DividendsCommonStockCash`	$7.71M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$4.22M	USD	2 Qtrs
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.43M	USD	2 Qtrs
Ending Balance (in shares)	`CommonStockSharesIssued`	183.04M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	181.54M	shares	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.35B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time

Comprehensive Income 2 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax`	$2.81M	USD	2 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.