HOUSTON, Nov. 18, 2010 /PRNewswire-FirstCall/ -- Atwood Oceanics, Inc. , Houston-based international drilling contractor, announced today that the Company earned net income of $64,229,000 or $0.99 per diluted share, on revenues of $160,613,000 for the quarter ended September 30, 2010 compared to net income of $48,284,000 or $0.75 per diluted share, on revenues of $131,044,000 for the quarter ended September 30, 2009. For the twelve months ended September 30, 2010, the Company earned net income of $256,996,000 or $3.95 per diluted share, on revenues of $650,562,000 compared to net income of $250,745,000 or $3.89 per diluted share, on revenues of $586,507,000 for the twelve months ended September 30, 2009.
FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2010 2009 ---- ---- Revenues $160,613,000 $131,044,000 Income before Income Taxes 76,859,000 59,438,000 Provision for Income Taxes (12,630,000) (11,154,000) Net Income 64,229,000 48,284,000 Earnings per Common Share - Basic 1.00 0.75 Diluted 0.99 0.75 Weighted Average Shares Outstanding - Basic 64,439,000 64,212,000 Diluted 64,951,000 64,786,000 FOR THE TWELVE MONTHS ENDED SEPTEMBER 30, 2010 2009 ---- ---- Revenues $650,562,000 $586,507,000 Income before Income Taxes 319,979,000 296,431,000 Provision for Income Taxes (62,983,000) (45,686,000) Net Income 256,996,000 250,745,000 Earnings per Common Share - Basic 3.99 3.91 Diluted 3.95 3.89 Weighted Average Shares Outstanding - Basic 64,391,000 64,167,000 Diluted 65,028,000 64,493,000
Atwood Oceanics, Inc.
CONTACT: Mark Mey, +1-281-749-7902, mmey@atwd.com
Web Site: http://www.atwd.com/
