DIAMOND OFFSHORE DRILLING, INC.

2024 Q3 Form 10-Q Financial Statement

#000095017024092631 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $165.5M
YoY Change 457.64%
Cash & Equivalents $165.5M
Short-Term Investments
Other Short-Term Assets $4.862M
YoY Change -92.56%
Inventory
Prepaid Expenses
Receivables $220.7M
Other Receivables $7.425M
Total Short-Term Assets $459.4M
YoY Change 19.78%
LONG-TERM ASSETS
Property, Plant & Equipment $1.140B
YoY Change 0.11%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $84.39M
YoY Change -68.24%
Total Long-Term Assets $1.224B
YoY Change -12.82%
TOTAL ASSETS
Total Short-Term Assets $459.4M
Total Long-Term Assets $1.224B
Total Assets $1.684B
YoY Change -5.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $44.29M
YoY Change -6.67%
Accrued Expenses $164.7M
YoY Change 4.42%
Deferred Revenue $18.59M
YoY Change 100.06%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $16.52M
YoY Change 7.61%
Total Short-Term Liabilities $258.9M
YoY Change 0.75%
LONG-TERM LIABILITIES
Long-Term Debt $534.5M
YoY Change 9.44%
Other Long-Term Liabilities $95.22M
YoY Change -12.44%
Total Long-Term Liabilities $629.7M
YoY Change 5.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $258.9M
Total Long-Term Liabilities $629.7M
Total Liabilities $1.012B
YoY Change 18.41%
SHAREHOLDERS EQUITY
Retained Earnings -$304.3M
YoY Change 780.99%
Common Stock $985.5M
YoY Change 1.34%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.810M
YoY Change 96.75%
Treasury Stock Shares
Shareholders Equity $671.3M
YoY Change
Total Liabilities & Shareholders Equity $1.684B
YoY Change -5.83%

Cashflow Statement

Concept 2024 Q3 2024 Q2

Facts In Submission

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dei Entity Registrant Name
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DIAMOND OFFSHORE DRILLING, INC.
dei Entity Incorporation State Country Code
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777 N. Eldridge Parkway, Suite 1100
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us-gaap Use Of Estimates
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<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates in the Preparation of Financial Statements</span></p><p style="text-indent:3.333%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimated.</span></p>
us-gaap Restricted Cash Nature Of Restriction Description
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We maintain a restricted cash bank account that is subject to restrictions pursuant to a management services agreement with an offshore drilling company.
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Capital Expenditures Incurred But Not Yet Paid
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
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CY2024Q2 do Accounts Receivable Past Due
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CY2024Q2 do Past Due Accounts Receivables Included In Allowance For Credit Losses
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do Range Of Deductible For Liability Coverage For Personal Injury Claims Upper Limit
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CY2024Q2 us-gaap Purchase Obligation
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CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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102542000
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Period Increase Decrease
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Period Increase Decrease
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CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Period Increase Decrease
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Period Increase Decrease
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CY2024Q2 us-gaap Class Of Warrant Or Right Outstanding
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CY2024Q2 us-gaap Warrants And Rights Outstanding Maturity Date
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2026-04-23
us-gaap Number Of Reportable Segments
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CY2024Q2 do Number Of Countries With Rigs
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CY2024Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
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us-gaap Revenue From Contract With Customer Including Assessed Tax
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