10-Q Filing

PATTERSON UTI ENERGY INC CIK: 889900 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001193125-11-288535`
Period End Date	20110930
Filing Date	20111031
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	pten-20110930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 119 Cash Flow Statement 85 Stockholders Equity 37 Comprehensive Income 2

Balance Sheet 82 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`	$73.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.64M	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
Preferred stock, authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$27.61M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $4,885 and $5,114 at September 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
Accounts receivable, net of allowance for doubtful accounts of $4,885 and $5,114 at September 30, 2011 and December 31, 2010, respectively	`AccountsReceivableNetCurrent`	$472.23M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Federal and state income taxes receivable	`IncomeTaxesReceivable`	$75.06M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Inventory	`InventoryNet`	$25.56M	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
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$123.83M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	183.11M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	181.54M	shares	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsNetCurrent`	$26.82M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	154.19M	shares	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$23.37M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	155.63M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	27.48M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	27.34M	shares	Point-in-time
Other	`OtherAssetsCurrent`	$59.02M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$50.17M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$691.28M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$557.41M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.03B	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`	$176.60M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$51.08M	USD	Point-in-time
Deposits on equipment purchases	`DepositsAssetsNoncurrent`	$80.93M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$13.95M	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$12.28M	USD	Point-in-time
Total assets	`Assets`	$3.42B	USD	Point-in-time
Total assets	`Assets`	$3.99B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$162.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$267.99M	USD	Point-in-time
Federal and state income taxes payable	`AccruedIncomeTaxesCurrent`	$854.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$152.30M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$147.31M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$10.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$6.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$315.96M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$431.14M	USD	Point-in-time
Borrowings under revolving credit facility	`LongTermLineOfCredit`	$15.80M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$392.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$385.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$718.93M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$511.42M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$15.54M	USD	Point-in-time
Other	`OtherLiabilitiesNoncurrent`	$9.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.24B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.56B	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 183,108,650 and 181,537,568 issued and 155,625,890 and 154,193,754 outstanding at September 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 183,108,650 and 181,537,568 issued and 155,625,890 and 154,193,754 outstanding at September 30, 2011 and December 31, 2010, respectively	`CommonStockValue`	$1.81M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$796.64M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$831.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.99B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.20B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$21.60M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$18.14M	USD	Point-in-time
Treasury stock, at cost, 27,482,760 shares and 27,343,814 shares at September 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$620.45M	USD	Point-in-time
Treasury stock, at cost, 27,482,760 shares and 27,343,814 shares at September 30, 2011 and December 31, 2010, respectively	`TreasuryStockValue`	$624.66M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.99B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.42B	USD	Point-in-time

Income Statement 119 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas	`OilAndGasSalesRevenue`	$21.56M	USD	3 Qtrs
Oil and natural gas	`OilAndGasSalesRevenue`	$11.84M	USD	1 Quarter
Oil and natural gas	`OilAndGasSalesRevenue`	$35.68M	USD	3 Qtrs
Oil and natural gas	`OilAndGasSalesRevenue`	$6.80M	USD	1 Quarter
Total operating revenues	`SalesRevenueNet`	$1.84B	USD	3 Qtrs
Total operating revenues	`SalesRevenueNet`	$957.25M	USD	3 Qtrs
Total operating revenues	`SalesRevenueNet`	$673.83M	USD	1 Quarter
Total operating revenues	`SalesRevenueNet`	$378.66M	USD	1 Quarter
Contract drilling	`ContractDrillingExpenses`	$459.45M	USD	3 Qtrs
Contract drilling	`ContractDrillingExpenses`	$701.87M	USD	3 Qtrs
Contract drilling	`ContractDrillingExpenses`	$264.42M	USD	1 Quarter
Contract drilling	`ContractDrillingExpenses`	$175.00M	USD	1 Quarter
Pressure pumping	`PressurePumpingOperatingCost`	$397.02M	USD	3 Qtrs
Pressure pumping	`PressurePumpingOperatingCost`	$149.58M	USD	1 Quarter
Pressure pumping	`PressurePumpingOperatingCost`	$51.30M	USD	1 Quarter
Pressure pumping	`PressurePumpingOperatingCost`	$132.40M	USD	3 Qtrs
Oil and natural gas	`OilAndGasProductionExpense`	$6.41M	USD	3 Qtrs
Oil and natural gas	`OilAndGasProductionExpense`	$1.48M	USD	1 Quarter
Oil and natural gas	`OilAndGasProductionExpense`	$5.33M	USD	3 Qtrs
Oil and natural gas	`OilAndGasProductionExpense`	$2.31M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$85.43M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$239.93M	USD	3 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$309.68M	USD	3 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$110.71M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$13.69M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$37.49M	USD	3 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$15.96M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$48.68M	USD	3 Qtrs
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$1.44M	USD	1 Quarter
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$21.94M	USD	3 Qtrs
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$250.00K	USD	1 Quarter
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$4.06M	USD	3 Qtrs
Provision for bad debts	`ProvisionForReductionOfDoubtfulAccounts`	$500.00K	USD	1 Quarter
Provision for bad debts	`ProvisionForReductionOfDoubtfulAccounts`	$1.50M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$541.53M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.46B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$326.15M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$851.16M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$52.51M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$381.70M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$132.29M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$106.10M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.63M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$47.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$135.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$64.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$6.23M	USD	1 Quarter
Interest expense	`InterestExpense`	$11.24M	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.01M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.83M	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$509.00K	USD	3 Qtrs
Other	`OtherNonoperatingIncome`	$572.00K	USD	3 Qtrs
Other	`OtherNonoperatingIncome`	$375.00K	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$260.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.41M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-10.53M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-5.90M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-6.87M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$371.17M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$46.61M	USD	1 Quarter
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$99.23M	USD	3 Qtrs
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$128.88M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$-4.23M	USD	3 Qtrs
Current	`CurrentIncomeTaxExpenseBenefit`	$-1.75M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$6.79M	USD	1 Quarter
Current	`CurrentIncomeTaxExpenseBenefit`	$25.83M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$40.16M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$110.16M	USD	3 Qtrs
Deferred	`DeferredIncomeTaxExpenseBenefit`	$18.98M	USD	1 Quarter
Deferred	`DeferredIncomeTaxExpenseBenefit`	$40.37M	USD	3 Qtrs
Total income tax expense	`IncomeTaxExpenseBenefit`	$36.14M	USD	3 Qtrs
Total income tax expense	`IncomeTaxExpenseBenefit`	$135.99M	USD	3 Qtrs
Total income tax expense	`IncomeTaxExpenseBenefit`	$46.95M	USD	1 Quarter
Total income tax expense	`IncomeTaxExpenseBenefit`	$17.23M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$29.37M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$81.93M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$63.09M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$235.19M	USD	3 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-367.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$63.09M	USD	3 Qtrs
Net income	`ProfitLoss`	$29.37M	USD	1 Quarter
Net income	`ProfitLoss`	$234.82M	USD	3 Qtrs
Net income	`ProfitLoss`	$81.93M	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.53	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.41	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.52	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.19	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	3 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	3 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Basic net income per common share	`EarningsPerShareBasic`	$1.52	USD	3 Qtrs
Basic net income per common share	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Basic net income per common share	`EarningsPerShareBasic`	$0.41	USD	3 Qtrs
Basic net income per common share	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.53	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.41	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.50	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.19	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	1 Quarter
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Loss from discontinued operations, net of income taxes	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	3 Qtrs
Diluted net income per common share	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Diluted net income per common share	`EarningsPerShareDiluted`	$0.41	USD	3 Qtrs
Diluted net income per common share	`EarningsPerShareDiluted`	$1.50	USD	3 Qtrs
Diluted net income per common share	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	153.66M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	152.68M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	152.93M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	152.62M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	154.12M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	152.68M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	154.11M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	155.37M	shares	3 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareDeclaredAndPaid`	$0.05	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareDeclaredAndPaid`	$0.15	USD	3 Qtrs
Cash dividends per common share	`CommonStockDividendsPerShareDeclaredAndPaid`	$0.05	USD	1 Quarter
Cash dividends per common share	`CommonStockDividendsPerShareDeclaredAndPaid`	$0.15	USD	3 Qtrs

Cash Flow Statement 85 line items

Line Item	Tag	Value	Unit	Period
Interest expense, capitalized interest	`InterestPaidCapitalized`	$6.58M	USD	3 Qtrs
Interest expense, capitalized interest	`InterestPaidCapitalized`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$63.09M	USD	3 Qtrs
Net income	`ProfitLoss`	$29.37M	USD	1 Quarter
Net income	`ProfitLoss`	$234.82M	USD	3 Qtrs
Net income	`ProfitLoss`	$81.93M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$85.43M	USD	1 Quarter
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$239.93M	USD	3 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$309.68M	USD	3 Qtrs
Depreciation, depletion, amortization and impairment	`DepreciationDepletionAmortizationAndImpairment`	$110.71M	USD	1 Quarter
Provision for bad debts	`ProvisionForReductionOfDoubtfulAccounts`	$500.00K	USD	1 Quarter
Provision for bad debts	`ProvisionForReductionOfDoubtfulAccounts`	$1.50M	USD	3 Qtrs
Dry holes and abandonments	`ExplorationAbandonmentAndImpairmentExpense`	$221.00K	USD	3 Qtrs
Dry holes and abandonments	`ExplorationAbandonmentAndImpairmentExpense`	$479.00K	USD	3 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$40.16M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$110.16M	USD	3 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$18.98M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$40.37M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.88M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$15.37M	USD	3 Qtrs
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$1.44M	USD	1 Quarter
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$21.94M	USD	3 Qtrs
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$250.00K	USD	1 Quarter
Net (gain) loss on asset disposals	`GainLossOnSaleOfPropertyPlantEquipment`	$4.06M	USD	3 Qtrs
Tax expense related to stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$2.54M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$133.37M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$97.45M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivableAndPayable`	$-76.02M	USD	3 Qtrs
Income taxes receivable/payable	`IncreaseDecreaseInIncomeTaxesReceivableAndPayable`	$-114.21M	USD	3 Qtrs
Inventory and other assets	`IncreaseDecreaseInInventoryAndOtherAssets`	$10.62M	USD	3 Qtrs
Inventory and other assets	`IncreaseDecreaseInInventoryAndOtherAssets`	$6.86M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$58.02M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$31.67M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$6.46M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$18.23M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.45M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.22M	USD	3 Qtrs
Net cash provided by (used in) operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$10.69M	USD	3 Qtrs
Net cash provided by (used in) operating activities of discontinued operations	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-339.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$655.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$402.47M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$711.44M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$513.68M	USD	3 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$27.22M	USD	3 Qtrs
Proceeds from disposal of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.05M	USD	3 Qtrs
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	Point-in-time
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$25.50M	USD	3 Qtrs
Net cash provided by investing activities of discontinued operations	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$42.65M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-676.88M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-443.81M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.85M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$4.22M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$23.26M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$23.09M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.33M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$10.80M	USD	Point-in-time
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$100.00M	USD	3 Qtrs
Repayment of long-term debt	`RepaymentsOfLongTermDebt`	$3.75M	USD	3 Qtrs
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$15.80M	USD	3 Qtrs
Tax benefit related to stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$5.84M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$290.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$14.04M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$65.03M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.45M	USD	3 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$354.00K	USD	3 Qtrs
Effect of foreign exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-434.00K	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$24.04M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-16.97M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$73.92M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$10.64M	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 end of period	`CashAndCashEquivalentsAtCarryingValue`	$73.92M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$10.64M	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
Interest expense, net of capitalized interest of $6,575 in 2011 and $0 in 2010	`InterestPaidNet`	$5.70M	USD	3 Qtrs
Interest expense, net of capitalized interest of $6,575 in 2011 and $0 in 2010	`InterestPaidNet`	$3.03M	USD	3 Qtrs
Income taxes	`ProceedsFromIncomeTaxRefunds`	$60.03M	USD	3 Qtrs
Income taxes	`ProceedsFromIncomeTaxRefunds`	$115.66M	USD	3 Qtrs
Net increase in payables for purchases of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$66.82M	USD	3 Qtrs
Net increase in payables for purchases of property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$48.11M	USD	3 Qtrs
Net increase in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$-48.95M	USD	3 Qtrs
Net increase in deposits on equipment purchases	`NetDecreaseIncreaseInDepositsOnEquipmentPurchases`	$-29.85M	USD	3 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (in shares)	`CommonStockSharesIssued`	183.11M	shares	Point-in-time
Beginning Balance (in shares)	`CommonStockSharesIssued`	181.54M	shares	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.08B	USD	Point-in-time
Net income	`ProfitLoss`	$63.09M	USD	3 Qtrs
Net income	`ProfitLoss`	$29.37M	USD	1 Quarter
Net income	`ProfitLoss`	$234.82M	USD	3 Qtrs
Net income	`ProfitLoss`	$81.93M	USD	1 Quarter
Foreign currency translation adjustment, net of tax of $0 in 2011 and $2,814 in 2010	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$4.65M	USD	3 Qtrs
Foreign currency translation adjustment, net of tax of $0 in 2011 and $2,814 in 2010	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-3.46M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$67.74M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$231.36M	USD	3 Qtrs
Exercise of stock options (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	838,307.00	shares	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$290.00K	USD	3 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$14.04M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.88M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.37M	USD	3 Qtrs
Tax expense related to stock-based compensation	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-2.54M	USD	3 Qtrs
Tax benefit related to stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$5.84M	USD	3 Qtrs
Payment of cash dividends	`DividendsCommonStockCash`	$7.71M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$7.70M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$23.09M	USD	3 Qtrs
Payment of cash dividends	`DividendsCommonStockCash`	$7.68M	USD	1 Quarter
Payment of cash dividends	`DividendsCommonStockCash`	$23.26M	USD	3 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`	$7.78M	USD	1 Quarter
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$4.22M	USD	3 Qtrs
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$1.85M	USD	3 Qtrs
Ending Balance (in shares)	`CommonStockSharesIssued`	183.11M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesIssued`	181.54M	shares	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.43B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.13B	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	3 Qtrs
Foreign currency translation adjustment, tax	`OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs

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