| In millions, except per share items | Dec-31-19 | Sep-30-19 | Jun-30-19 | Mar-31-19 | Dec-31-18 | Sep-30-18 | Jun-30-18 | Mar-31-18 |
| | 8-K | 10-Q | 10-Q | 10-K | 10-K | 10-Q | 10-Q | 10-Q |
| Revenues: |
| International & Alaska Drilling | | | 249.5 | 234.4 | 213.4 | | | |
| United States | | | 249.4 | 229.9 | 207.6 | | | |
| U.S. Rental Tools | | | 205.2 | 194.4 | 176.5 | | | |
| Total revenues | 629.8 | 602.7 | 566.0 | 528.5 | 480.8 | 468.0 | 462.9 | 453.9 |
| Revenue growth | 31.0% | 28.8% | 22.3% | 16.4% | 8.7% | 11.4% | 16.0% | 15.0% |
| Cost of goods sold | 475.0 | 452.0 | 428.5 | 407.4 | 378.1 | 369.0 | 363.2 | 361.2 |
| Gross profit | 154.7 | 150.7 | 137.5 | 121.1 | 102.7 | 99.0 | 99.7 | 92.7 |
| Gross margin | 24.6% | 25.0% | 24.3% | 22.9% | 21.4% | 21.2% | 21.5% | 20.4% |
| Selling, general and administrative [+] | 26.1 | 24.2 | 32.7 | 35.4 | 33.4 | 34.1 | 26.6 | 24.8 |
| General and administrative | 26.1 | 24.2 | 32.7 | 35.4 | 33.4 | 34.1 | 26.6 | 24.8 |
| Other operating expenses | 29.7 | 46.7 | 46.7 | 46.2 | 15.3 | | 4.9 | 4.6 |
| EBITDA [+] | 98.9 | 79.8 | 58.1 | 39.6 | 54.0 | 60.0 | 68.2 | 63.3 |
| EBITDA growth | 83.3% | 33.0% | -14.8% | -37.5% | -3.8% | 34.6% | 159.1% | 200.7% |
| EBITDA margin | 15.7% | 13.2% | 10.3% | 7.5% | 11.2% | 12.8% | 14.7% | 13.9% |
| Depreciation | 83.1 | 86.1 | 94.2 | 101.8 | 105.2 | 110.0 | 114.6 | 118.2 |
| EBITA | 15.8 | -6.3 | -36.1 | -62.3 | -51.3 | -50.0 | -46.4 | -54.9 |
| EBITA margin | 2.5% | -1.1% | -6.4% | -11.8% | -10.7% | -10.7% | -10.0% | -12.1% |
| Amortization of intangibles | | 4.0 | 3.2 | 2.3 | 2.3 | 2.3 | 0.3 | 0.5 |
| EBIT [+] | 12.3 | -10.4 | -39.2 | -64.5 | -53.6 | -52.4 | -46.7 | -55.4 |
| EBIT growth | -123.0% | -80.2% | -16.0% | 16.5% | -19.2% | -36.1% | -55.3% | -51.9% |
| EBIT margin | 2.0% | -1.7% | -6.9% | -12.2% | -11.1% | -11.2% | -10.1% | -12.2% |
| Non-recurring items [+] | | 78.1 | | 121.9 | 59.8 | 43.6 | | |
| Asset impairment | | | | | 50.7 | 44.0 | | |
| Loss (gain) on sale of assets | | | | 1.2 | 1.6 | 0.0 | | |
| Interest expense, net [+] | 20.6 | 23.4 | 27.6 | 31.5 | 42.5 | 44.8 | 44.4 | 44.3 |
| Interest expense | 21.2 | 23.8 | 28.1 | 31.6 | 42.6 | 45.0 | 44.7 | 44.6 |
| Interest income | 0.5 | | 0.4 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 |
| Other income (expense), net [+] | -1.4 | | -1.8 | -2.3 | -2.0 | -1.9 | -1.9 | -0.1 |
| Gain (loss) on sale of assets | | | -0.1 | | | | -3.0 | -2.6 |
| Gain (loss) on debt retirement | | | -1.0 | | | | | |
| Other | | | -1.8 | -2.3 | -2.0 | -1.9 | -1.9 | -0.1 |
| Pre-tax income | -72.0 | -113.0 | -190.6 | -220.3 | -157.9 | -142.7 | -92.5 | -99.4 |
| Income taxes | 11.8 | 11.7 | 9.1 | 6.8 | 7.8 | 8.6 | 8.1 | 8.3 |
| Tax rate | -16.3% | -10.3% | -4.8% | | | | | |
| Net income | -83.7 | -124.7 | -200.5 | -229.0 | -168.4 | -154.9 | -104.3 | -111.6 |
| Net margin | -13.3% | -20.7% | -35.4% | -43.3% | -35.0% | -33.1% | -22.5% | -24.6% |
| |
| Basic EPS [+] | ($6.15) | ($10.23) | ($18.63) | ($24.55) | ($18.11) | ($16.77) | ($11.32) | ($12.15) |
| Growth | -66.1% | -39.0% | 64.5% | 102.0% | 486.3% | 710.2% | 561.2% | 774.1% |
| Diluted EPS [+] | ($6.13) | ($10.23) | ($18.63) | ($24.55) | ($18.11) | ($16.77) | ($11.32) | ($12.15) |
| Growth | -66.2% | -39.0% | 64.5% | 102.0% | 486.3% | 710.2% | 561.2% | 774.1% |
| |
| Shares outstanding (basic) [+] | 13.6 | 12.2 | 10.8 | 9.3 | 9.3 | 9.2 | 9.2 | 9.2 |
| Growth | 46.6% | 31.9% | 16.9% | 1.5% | -76.4% | -86.4% | -90.5% | -92.7% |
| Shares outstanding (diluted) [+] | 13.7 | 12.2 | 10.8 | 9.3 | 9.3 | 9.2 | 9.2 | 9.2 |
| Growth | 46.9% | 31.9% | 16.9% | 1.5% | -76.4% | -86.4% | -90.5% | -92.7% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |