DIAMOND OFFSHORE DRILLING, INC. (DOFSQ) [Rocket]

In millions, except per share items	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13
	10-K	10-K	10-K	10-K/A	10-K	10-K	10-K	10-K
Revenues:
Jack-ups								174.1
Reimbursable						59.2	77.5	76.8
Other						2,360.2	2,737.1	2,669.5
Total revenues [+]	733.7	980.6	1,083.2	1,485.7	1,600.3	2,419.4	2,814.7	2,920.4
Reimbursements						59.2	77.5	76.8
Oil & gas services						2,360.2	2,737.1	2,843.6
Revenue growth [+]	-25.2%	-9.5%	-27.1%	-7.2%	-33.9%	-14.0%	-3.6%	-2.2%
Reimbursable						-23.6%	0.9%	52.3%
Malaysia			-31.7%
Cost of goods sold [+]	1,886.8	1,263.0	1,077.5	1,184.4	34.0	1,779.1	2,056.2	2,035.6
Reimbursable costs						58.1	76.1	75.0
Direct costs								1,572.5
Contract costs						1,227.9	1,523.6	1,572.5
Depreciation						493.2	456.5	388.1
Gross profit	-1,153.1	-282.3	5.7	301.3	1,566.3	640.3	758.5	884.8
Gross margin	-157.2%	-28.8%	0.5%	20.3%	97.9%	26.5%	26.9%	30.3%
Selling, general and administrative [+]			85.4	74.5	63.6	66.5	81.8	64.8
General and administrative	0.0	0.0	85.4	74.5	63.6	66.5	81.8	64.8
Other operating expenses					1,177.7			22.5
EBITDA [+]			252.1	575.5
EBITDA growth	308.4%	-212.0%	-56.2%	77.1%	-43.4%	-15.2%	-15.2%	-15.5%
EBITDA margin	-157.2%	-28.8%	23.3%	38.7%	20.3%	23.7%	24.0%	27.3%
Depreciation and amortization			331.8	348.7
EBIT [+]	-1,153.1	-282.3	-79.7	226.8	325.1	573.9	676.6	797.5
EBIT growth	308.4%	254.3%	-135.1%	-30.2%	-43.4%	-15.2%	-15.2%	-15.5%
EBIT margin	-157.2%	-28.8%	-7.4%	15.3%	20.3%	23.7%	24.0%	27.3%
Non-recurring items [+]			32.5	103.0	681.9	867.9	104.1	-4.1
Asset impairment			27.2	99.3	678.1	860.4	109.5
Loss (gain) on sale of assets			0.2	-10.5	3.8	-2.3	-5.4	-4.1
Loss (gain) on disposal of assets								-4.1
Interest expense, net [+]			114.8	111.1	89.2	90.6	61.3	24.1
Interest expense			123.2	113.5	89.9	93.9	62.1	24.8
Interest income			8.5	2.5	0.8	3.3	0.8	0.7
Other income (expense), net [+]	-122.9	-119.7	0.3	-34.3	-22.2	3.3	3.9	-3.2
Gain (loss) on debt retirement				-35.4
Gain (loss) on foreign currency transactions			-0.4	-1.1	-11.5	2.5	3.2	-4.9
Other			0.7	2.2	-10.7	0.9	0.7	1.7
Pre-tax income	-1,276.1	-402.0	-226.6	-21.4	-468.3	-381.3	515.2	774.2
Income taxes	-21.2	-44.8	-46.4	-39.8	-95.8	-107.1	128.2	225.6
Tax rate	1.7%	11.1%	20.5%	185.6%	20.5%	28.1%	24.9%	29.1%
Net income	-1,254.9	-357.2	-180.3	18.3	-372.5	-274.3	387.0	548.7
Net margin	-171.0%	-36.4%	-16.6%	1.2%	-23.3%	-11.3%	13.7%	18.8%

Basic EPS [+]	($9.09)	($2.60)	($1.31)	$0.13	($2.72)	($2.00)	$2.82	$3.95
Growth	250.4%	97.8%	-1081.3%	-104.9%	35.8%	-171.0%	-28.7%	-23.8%
Diluted EPS [+]	($9.09)	($2.60)	($1.31)	$0.13	($2.72)	($2.00)	$2.81	$3.95
Growth	250.4%	97.8%	-1081.7%	-104.9%	35.8%	-171.1%	-28.7%	-23.9%

Dividends per share [+]						$0.51	$3.50	$3.50
Growth					-100.0%	-85.5%	0.0%	0.0%

Shares outstanding (basic) [+]	138.0	137.7	137.4	137.2	137.2	137.2	137.5	139.0
Growth	0.2%	0.2%	0.1%	0.0%	0.0%	-0.2%	-1.1%	0.0%
Shares outstanding (diluted) [+]	138.0	137.7	137.4	137.3	137.2	137.2	137.5	139.1
Growth	0.2%	0.2%	0.1%	0.1%	0.0%	-0.3%	-1.1%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.