Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Feb. 09, 2016
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenue        
Contract drilling services   $ 134,370    
Management fees   4,074    
Reimbursables   20,204    
Total revenue   158,648    
Operating costs and expenses        
Operating costs   123,022    
General and administrative   36,922    
Depreciation   67,920    
Total operating costs and expenses   227,864    
Income (loss) from operations   (69,216)    
Other income (expense)        
Interest income   18    
Interest expense and other financing charges   (67,023)    
Other, net   1,132    
Reorganization items   (1,380)    
Total other expense   (67,253)    
Income (loss) before income taxes   (136,469)    
Income tax provision   10,948    
Net income (loss)   (147,417)    
Net income (loss) attributable to VDI   $ (147,417)    
Net loss per share, basic and diluted   $ (29.48)    
Weighted average successor ordinary shares outstanding, basic and diluted   5,000    
Predecessor        
Revenue        
Contract drilling services $ 20,891   $ 726,717 $ 807,164
Management fees 752   7,501 21,258
Reimbursables 1,897   38,047 54,482
Total revenue 23,540   772,265 882,904
Operating costs and expenses        
Operating costs 25,213   359,610 405,697
General and administrative 2,558   25,322 25,390
Depreciation 10,696   127,359 126,610
Total operating costs and expenses 38,467   512,291 557,697
Income (loss) from operations (14,927)   259,974 325,207
Other income (expense)        
Interest income 3   84 70
Interest expense and other financing charges (1,728)   (173,634) (196,159)
Gain on debt extinguishment     10,823 4,408
Other, net (69)   4,231 (596)
Reorganization items (452,919)   (39,354)  
Total other expense (454,713)   (197,850) (192,277)
Income (loss) before income taxes (469,640)   62,124 132,930
Income tax provision 2,371   39,870 39,817
Net income (loss) (472,011)   22,254 93,113
Net income (loss) attributable to noncontrolling interests (969)   5,036 257
Net income (loss) attributable to VDI $ (471,042)   $ 17,218 $ 92,856