Rowan companies plc (RDC)
Income statement / Quarterly
Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
REVENUE

179,400

192,900

241,300

211,200

296,700

291,600

320,200

374,300

351,800

379,400

611,800

500,200

535,825

545,400

508,736

547,039

556,228

467,692

422,878

377,602

393,355

382,808

408,883

394,238

354,202

353,910

351,018

333,477

275,068

234,698

223,497

205,966

64,561

238,559

282,180

432,405

-327,386

393,421

482,160

494,808

527,058

Drilling services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

330,984

-

258,394

320,807

380,370

357,143

Manufacturing sales and services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

101,421

-

135,027

161,353

114,438

169,915

Costs and Expenses [Abstract]
Direct operating costs (excluding items below)

166,700

182,300

176,300

157,400

176,200

168,700

168,800

171,300

181,400

186,000

207,500

204,800

222,922

247,600

253,944

255,734

279,446

246,907

244,578

220,369

223,553

211,827

216,044

209,469

193,768

188,152

188,114

182,139

162,508

129,767

104,517

111,274

67,900

106,941

105,444

136,547

854

121,238

136,840

145,381

163,330

Depreciation and amortization

94,600

99,000

97,400

97,900

99,700

103,400

101,500

99,100

101,700

102,200

100,100

98,900

102,220

104,100

95,390

89,690

92,546

81,503

77,678

70,873

70,587

69,274

66,531

64,616

64,577

63,027

61,330

58,966

54,636

50,306

40,807

38,154

23,816

35,065

33,928

45,492

-2,915

43,747

42,609

40,499

36,230

Manufacturing sales and services (excluding items below)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84,570

-

116,949

147,388

90,808

149,174

Selling, general and administrative

18,700

26,600

25,200

25,600

33,300

24,900

22,200

24,200

25,700

23,500

26,100

26,900

25,856

29,700

31,158

27,586

33,743

33,040

29,142

29,875

35,416

33,263

33,263

29,431

25,778

25,780

25,098

23,056

23,106

22,629

21,729

20,814

13,595

20,640

18,626

25,797

-7,437

24,094

24,720

24,576

27,595

Gain (Loss) on Disposition of Property Plant Equipment

-7,100

-1,500

-2,200

-1,300

-100

-2,800

-3,100

-3,400

-3,400

-1,200

-1,900

-2,200

9,825

-2,300

-338

513

3,420

-58

-859

-803

1,140

65

19,222

-308

-176

559

2,063

56

169

-14

1,391

31

147

-695

17

129

1,207

-305

-60

4,701

21,447

Gain on litigation settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from litigation settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-20,875

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Material charges and other operating items

-

-

-

-

-

-

-

-

-

32,900

-

-

-

332,300

5,000

-

-

0

8,300

-

-

0

0

-

14,101

18,174

8,126

4,571

4,856

20

6,100

0

-42,024

750

4,500

42,024

0

0

0

0

-

Total costs and expenses

230,200

309,400

301,100

282,200

151,900

299,800

295,600

298,000

312,200

345,800

335,600

332,800

341,173

716,000

385,830

372,497

967,990

361,508

360,557

301,045

332,869

314,299

296,616

303,824

293,700

294,574

280,605

268,676

244,937

202,736

171,762

170,211

-21,430

164,091

162,481

334,301

-365,850

306,333

351,617

296,563

354,882

Income (Loss) from Equity Method Investments

6,900

3,100

1,600

-1,300

900

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCOME (LOSS) FROM OPERATIONS

-43,900

-113,400

-58,200

-72,300

145,700

-8,200

24,600

76,300

39,600

33,600

276,200

167,400

194,652

-170,600

122,906

174,542

-411,762

106,184

62,321

76,557

60,486

68,509

112,267

90,414

60,502

59,336

70,413

64,801

30,131

31,962

51,735

35,755

85,991

74,468

119,699

98,104

38,464

87,088

130,543

198,245

172,176

Component of Operating Income [Abstract]
Interest expense

39,700

39,200

38,900

38,500

38,700

38,500

38,900

39,600

38,900

39,400

38,300

38,900

40,414

41,300

30,840

32,746

29,592

25,656

27,692

20,960

16,417

17,111

17,685

18,581

12,777

13,690

12,993

11,257

3,070

4,233

7,449

5,319

5,819

8,130

5,251

5,679

-8,382

10,810

2,457

3,143

4,456

Interest capitalized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,348

-2,343

-2,764

-4,456

Interest income

10,500

8,000

7,700

6,900

6,500

3,700

3,200

2,000

1,700

1,200

500

400

310

200

435

155

79

372

762

587

434

417

368

359

222

263

146

114

392

277

32

29

448

449

211

181

221

441

201

331

1,081

Gain (Loss) on Extinguishment of Debt

0

0

0

0

0

-500

2,400

-200

-33,600

0

1,800

600

-1,500

0

0

0

-

-

-

-

-

-

-

-

-

-10,456

-11,767

-

-

0

0

-

-

-

-

-

-

-

-

-

-

Other - net

1,400

4,000

8,800

-2,200

-4,200

800

1,400

1,500

-2,900

-2,100

-700

-2,600

-15,179

-1,800

-80

-1,041

-173

269

-545

-351

-616

-368

-443

-794

-97

-505

-122

1,337

1,015

-458

365

-1,084

-1,990

-307

291

1,545

-6,127

2,303

2,422

1,414

-1,924

Total other (expense) - net

-27,800

-27,200

-22,400

-33,800

-36,400

-34,500

-31,900

-36,300

-73,700

-40,300

-36,700

-40,500

-56,783

-42,900

-30,485

-33,632

-29,686

-25,015

-27,475

-20,724

-16,599

-17,062

-17,760

-19,016

-12,652

-24,388

-24,736

-9,806

-1,663

-4,414

-7,052

-6,374

-2,037

-7,988

-4,749

-3,953

-9,979

-718

2,509

1,366

-843

INCOME (LOSS) FROM CONTINUING OPERATIONS
INCOME (LOSS) BEFORE INCOME TAXES

-71,700

-140,600

-80,600

-106,100

109,300

-42,700

-7,300

40,000

-34,100

-6,700

239,500

126,900

137,869

-213,500

92,421

140,910

-441,448

81,169

34,846

55,833

43,887

51,447

94,507

71,398

47,850

34,948

45,677

54,995

28,468

27,548

44,683

29,381

83,954

66,480

114,950

94,151

28,485

86,370

133,052

199,611

171,333

Provision (benefit) for income taxes

-57,400

3,500

-3,900

6,200

-2,700

-21,800

21,400

29,700

-9,700

-12,200

22,800

4,100

13,573

25,900

7,686

17,241

-114,535

-38,428

1,982

281

-5,811

-453

11,663

3,264

-22,687

8,533

-5,171

-504

-4,649

-3,876

280

2,586

24,563

6,338

31,505

29,528

6,828

7,978

36,469

67,911

57,219

INCOME (LOSS) FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-326,913

119,597

32,864

55,552

49,698

51,900

82,844

68,134

70,537

26,415

50,848

55,499

33,117

31,424

44,403

26,795

-

60,142

83,445

-

-

-

-

-

-

Gain on sale of discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

163,598

424,473

-

-

0

0

-

-

-

-

-

-

DISCONTINUED OPERATIONS, NET OF TAX

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

162,385

421,456

-

-

7,029

7,471

-

-

-

-

-

-

INCOME FROM DISCONTINUED OPERATIONS, NET OF TAX

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-20

4,043

-

0

0

0

-16,466

1,164

-1,413

-5,982

2,060

-1,213

-3,017

5,277

-

7,029

7,471

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

-14,300

-144,100

-76,700

-112,300

112,000

-20,900

-28,700

10,300

-24,400

5,500

216,700

122,800

124,296

-239,400

84,735

123,669

-326,936

119,597

32,844

59,595

49,698

51,900

82,844

68,134

54,071

27,579

49,435

49,517

45,101

193,809

465,859

32,072

57,285

67,171

90,916

64,623

60,829

78,392

96,583

131,700

114,114

NET INCOME (LOSS) PER SHARE - BASIC:
Income (loss) from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2.63

0.96

0.26

0.45

0.40

0.42

0.67

0.55

0.58

0.21

0.41

0.45

0.28

0.25

0.35

0.21

-

0.52

0.74

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.03

0.00

0.00

0.00

0.00

-0.13

0.01

-0.01

-0.05

0.12

1.30

3.34

0.04

-

0.06

0.07

-

-

-

-

-

-

Net income (loss) (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2.63

0.96

0.26

0.48

0.40

0.42

0.67

0.55

0.45

0.22

0.40

0.40

0.39

1.55

3.69

0.26

-

0.58

0.80

-

-

-

-

-

-

NET INCOME (LOSS) PER SHARE - DILUTED:
Income (loss) from continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2.63

0.96

0.26

0.45

0.39

0.42

0.67

0.55

0.57

0.21

0.41

0.45

0.26

0.25

0.35

0.21

-

0.51

0.73

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.03

0.00

0.00

0.00

0.00

-0.13

0.01

-0.01

-0.05

0.14

1.28

3.30

0.04

-

0.06

0.07

-

-

-

-

-

-

Net income (loss) (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2.63

0.96

0.26

0.48

0.39

0.42

0.67

0.55

0.44

0.22

0.40

0.40

0.40

1.53

3.65

0.25

-

0.57

0.79

-

-

-

-

-

-

NET INCOME (LOSS) PER SHARE - BASIC (in dollars per share)

-

-

-

-0.89

-

-

-

0.08

-

0.04

1.73

0.98

-

-1.92

0.68

0.99

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.57

-

0.69

0.85

1.16

1.01

NET INCOME (LOSS) PER SHARE - DILUTED (in dollars per share)

-

-

-

-0.89

-

-

-

0.07

-

0.04

1.72

0.98

-

-1.92

0.68

0.99

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.56

-

0.69

0.85

1.16

1.00

CASH DIVIDENDS DECLARED PER SHARE (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

0.10

0.10

0.10

-

0.10

0.10

0.00

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET LOSS PER SHARE - BASIC AND DILUTED (in dollars per share)

-

-1.13

-0.60

-

-

-0.17

-0.23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic and Diluted

-

127,100

127,000

-

-

126,200

126,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-