HOUSTON, Nov. 18, 2010 /PRNewswire-FirstCall/ -- Atwood
Oceanics, Inc. (NYSE: ATW), 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.
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FOR THE
THREE MONTHS ENDED
SEPTEMBER 30,
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2010
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2009
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Revenues
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$160,613,000
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$131,044,000
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Income before Income
Taxes
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76,859,000
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|
59,438,000
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Provision for Income
Taxes
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(12,630,000)
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(11,154,000)
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Net Income
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64,229,000
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48,284,000
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Earnings per Common Share
-
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Basic
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1.00
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0.75
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Diluted
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0.99
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0.75
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Weighted Average Shares
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Outstanding -
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Basic
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64,439,000
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64,212,000
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Diluted
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64,951,000
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64,786,000
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FOR THE
TWELVE MONTHS ENDED
SEPTEMBER 30,
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2010
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2009
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|
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Revenues
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$650,562,000
|
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$586,507,000
|
|
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Income before Income
Taxes
|
319,979,000
|
|
296,431,000
|
|
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Provision for Income
Taxes
|
(62,983,000)
|
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(45,686,000)
|
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Net Income
|
256,996,000
|
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250,745,000
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Earnings per Common Share
-
|
|
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Basic
|
3.99
|
|
3.91
|
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Diluted
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3.95
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3.89
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Weighted Average Shares
|
|
|
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Outstanding -
|
|
|
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Basic
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64,391,000
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|
64,167,000
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Diluted
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65,028,000
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64,493,000
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SOURCE Atwood Oceanics, Inc.