| In millions, except per share items | Dec-31-11 | Dec-31-10 | Dec-31-09 | Dec-31-08 | Dec-31-07 | Dec-31-06 | Dec-31-05 | Dec-31-04 |
| | 10-K/A | 10-K/A | 10-K/A | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Gulf of Mexico | 668.2 | 416.8 | 295.1 | 521.5 | 502.9 | 327.6 | 135.2 | 98.2 |
| North Sea | 19.0 | 21.2 | 17.0 | 96.6 | 105.0 | 92.2 | 11.5 | 17.9 |
| Total revenues | 687.2 | 438.0 | 312.2 | 618.0 | 607.9 | 419.8 | 146.7 | 116.1 |
| Revenue growth [+] | 56.9% | 40.3% | -49.5% | 1.7% | 44.8% | 186.2% | 26.3% | 244.0% |
| Gulf of Mexico | 60.3% | 41.2% | -43.4% | 3.7% | 53.5% | 142.4% | 37.6% | 40.0% |
| North Sea | -10.1% | 24.3% | -82.4% | -8.1% | 13.9% | 701.9% | -35.7% | |
| Cost of goods sold | 122.2 | 132.5 | 85.0 | 0.8 | 132.5 | 92.3 | 29.2 | 18.6 |
| Gross profit | 565.0 | 305.5 | 227.2 | 617.3 | 475.4 | 327.5 | 117.5 | 97.5 |
| Gross margin | 82.2% | 69.7% | 72.8% | 99.9% | 78.2% | 78.0% | 80.1% | 84.0% |
| Selling, general and administrative [+] | 43.2 | 43.9 | 43.5 | 41.7 | 32.0 | 33.0 | 24.3 | 15.8 |
| General and administrative | 43.2 | 43.9 | 43.5 | 41.7 | 32.0 | 33.0 | 24.3 | 15.8 |
| Other operating expenses [+] | 70.5 | 80.0 | 48.2 | 246.4 | | | | |
| Exploration expenses | 1.3 | 1.2 | 0.3 | | | | | |
| EBITDA [+] | 451.3 | 181.5 | 135.6 | 575.6 | 443.4 | 294.5 | 93.2 | 81.7 |
| EBITDA growth | 148.7% | 33.9% | -76.5% | 29.8% | 50.6% | 216.1% | 14.0% | 279.4% |
| EBITDA margin | 65.7% | 41.4% | 43.4% | 93.1% | 72.9% | 70.1% | 63.5% | 70.4% |
| Depreciation and amortization | 298.6 | 220.7 | 152.8 | 246.4 | 247.4 | 169.7 | 64.1 | 55.6 |
| EBIT [+] | 152.7 | -39.2 | -17.2 | 329.2 | 196.0 | 124.8 | 29.1 | 26.1 |
| EBIT growth | -489.8% | 127.4% | -105.2% | 67.9% | 57.1% | 328.9% | 11.5% | -433.1% |
| EBIT margin | 22.2% | -8.9% | -5.5% | 53.3% | 32.2% | 29.7% | 19.8% | 22.5% |
| Non-recurring items [+] | | | | 125.1 | 34.3 | 19.5 | | |
| Asset impairment | 56.4 | 48.4 | 45.8 | 125.1 | 34.3 | 19.5 | | |
| Interest expense, net [+] | 326.2 | 221.4 | 40.2 | -3.5 | -7.6 | -4.5 | 31.7 | 21.6 |
| Interest expense | 326.4 | 222.1 | 40.9 | | | | 35.7 | 22.3 |
| Interest income | 0.2 | 0.7 | 0.7 | 3.5 | 7.6 | 4.5 | 4.1 | 0.6 |
| Other income (expense), net [+] | 26.3 | -97.7 | -0.7 | -35.9 | -121.3 | -86.1 | | -3.0 |
| Gain (loss) on debt retirement | 1.1 | -75.3 | | -24.2 | | -28.1 | | -3.3 |
| Other | -299.9 | -319.1 | -40.9 | -0.1 | -3.7 | 0.0 | 0.4 | -0.4 |
| Pre-tax income | -147.2 | -358.3 | -58.1 | 171.7 | 48.0 | 23.7 | -2.6 | 1.4 |
| Income taxes | 0.0 | 0.0 | 0.0 | 50.0 | -0.6 | 16.8 | 0.2 | 0.1 |
| Tax rate | 0.0% | 0.0% | 0.0% | 29.1% | | 70.9% | | 4.1% |
| Net income | -165.3 | -322.0 | -35.6 | 0.1 | 0.0 | -39.3 | -12.6 | 1.4 |
| Net margin | -24.1% | -73.5% | -11.4% | 0.0% | 0.0% | -9.4% | -8.6% | 1.2% |
| |
| Basic EPS [+] | ($3.24) | ($6.35) | ($0.85) | $3.43 | $1.58 | ($1.33) | ($0.43) | $0.05 |
| Growth | -49.0% | 646.9% | -124.8% | 117.4% | -219.2% | 206.5% | -895.4% | -100.0% |
| Diluted EPS [+] | ($3.24) | ($6.35) | ($0.85) | $3.39 | $1.55 | ($1.33) | ($0.43) | $0.05 |
| Growth | -49.0% | 646.9% | -125.1% | 118.4% | -217.2% | 206.5% | -905.8% | -59592.8% |
| |
| Shares outstanding (basic) [+] | 51.1 | 50.7 | 41.9 | 0.0 | 0.0 | 29.7 | 29.1 | 24.9 |
| Growth | 0.7% | 21.2% | 117938.8% | 15.1% | -99.9% | 2.1% | 16.6% | 57338467954.3% |
| Shares outstanding (diluted) [+] | 51.1 | 50.7 | 41.9 | 0.0 | 0.0 | 29.7 | 29.1 | 25.3 |
| Growth | 0.7% | 21.2% | 116586.2% | 14.6% | -99.9% | 2.1% | 15.1% | 3.1% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |