HOUSTON, Aug. 5 /PRNewswire-FirstCall/ -- Atwood Oceanics, Inc., (NYSE: ATW) Houston-based International Drilling Contractor, announced today that the Company earned net income of $67,671,000 or $1.05 per diluted share, on revenues of $149,307,000 for the quarter ended June 30, 2009 compared to net income of $60,381,000 or $0.93 per diluted share, on revenues of $141,372,000 for the quarter ended June 30, 2008. For the nine months ended June 30, 2009, the Company earned net income of $202,461,000 or $3.14 per diluted share, on revenues of $455,463,000 compared to net income of $140,685,000 or $2.18 per diluted share, on revenues of $365,950,000 for the nine months ended June 30, 2008.
FOR THE THREE MONTHS ENDED
JUNE 30,
2009 2008
---- ----
Revenues $149,307,000 $141,372,000
Income before Income Taxes 73,744,000 68,066,000
Provision for Income Taxes (6,073,000) (7,685,000)
Net Income 67,671,000 60,381,000
Earnings per Common Share -
Basic 1.05 0.94
Diluted 1.05 0.93
Weighted Average Shares
Outstanding -
Basic 64,190,000 64,023,000
Diluted 64,617,000 64,776,000
FOR THE NINE MONTHS ENDED
JUNE 30,
2009 2008
---- ----
Revenues $455,463,000 $365,950,000
Income before Income Taxes 236,993,000 157,531,000
Provision for Income Taxes (34,532,000) (16,846,000)
Net Income 202,461,000 140,685,000
Earnings per Common Share -
Basic 3.16 2.21
Diluted 3.14 2.18
Weighted Average Shares
Outstanding -
Basic 64,152,000 63,665,000
Diluted 64,395,000 64,509,000
SOURCE Atwood Oceanics, Inc.
