Financial Highlights { Nabors Industries Ltd. and Subsidiaries } Operating  Data Twelve Months Ended December 31, Year Ended December 31, (Unaudited) Year Ended September 30, (In thousands, except per share amounts 2002 2001 2000 1999 1998 1997 1997 1996 1995 1994 and ratio data) Operating revenues and Earnings  from unconsoli- dated affiliates $ 1,481,218 $ 2,228,070 $ 1,414,943 $ 670,186 $ 1,007,864 $ 1,115,032 $ 1,029,303 $ 719,743 $ 572,788 $ 484,268 Depreciation and  amortization 195,365 189,896 152,413 99,893 84,949 72,350 66,391 46,117 31,042 26,241 Net income 121,489 357,450 137,356 27,704 124,988 136,020 114,808 70,500 51,104 1,350 Earnings per  diluted share $ .81 $ 2.24 $ .90 $ .23 $ 1.16 $ 1.24 $ 1.08 $ .75 $ .57 $ .02 Weighted average  number of  diluted shares  outstanding 149,997 168,790 152,417 120,449 112,555 113,793 111,975 93,752 89,655 85,620 Capital expendi- tures and  acquisitions  of businesses $ 582,559 $ 784,925 $ 300,637 $ 667,517 $ 313,464 $ 381,009 $ 396,668 $ 174,483 $ 144,560 $ 62,907 Interest coverage ratio 6.0 : 1 13.3 : 1 11.8 : 1 5.8 : 1 19.4 : 1 18.3 : 1 16.1 : 1 11.7 : 1 12.8 : 1 4.9 : 1