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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (Unaudited) (USD $)
In Thousands
Total
Common Shares
Capital in Excess of Par Value
Accumulated Other Comprehensive Income
Retained Earnings
Treasury Shares
Non-controlling Interest
Beginning Balances at Dec. 31, 2009 $ 5,181,979 $ 314 $ 2,239,323 $ 292,706 $ 3,613,186 $ (977,873) $ 14,323
Beginning Balances, shares at Dec. 31, 2009   313,915          
Comprehensive income (loss):              
Net income (loss) attributable to Nabors 83,821       83,821    
Translation adjustment attributable to Nabors (15,687)     (15,687)      
Unrealized gains/(losses) on marketable securities, net of income taxes of $70 and $7,678 for 2011 and 2010 respectively (23,906)     (23,906)      
Less: Reclassification adjustment for (gains)/ losses included in net income (loss), net of income taxes of $0 and $951for 2011 and 2010 respectively (2,060)     (2,060)      
Pension liability amortization, net of income taxes of $117 and $74 for 2011 and 2010 respectively 126     126      
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges, net of income tax benefit of $(119) and $(9) for 2011 and 2010 respectively 89     89      
Comprehensive income (loss) attributable to Nabors 42,383            
Less: Net (income) loss attributable to noncontrolling interest 1,661           1,661
Translation adjustment attributable to noncontrolling interest (131)           (131)
Comprehensive income (loss) attributable to noncontrolling interest (1,792)            
Total comprehensive income (loss) 40,591            
Issuance of common shares for stock options exercised, net of surrender of unexercised stock options 4,733   4,733        
Issuance of common shares for stock options exercised, net of surrender of unexercised stock options, shares 400 389          
Distributions from noncontrolling interest (867)           (867)
Contributions to noncontrolling interest 437           437
Repurchase of equity component of convertible debt (4,712)   (4,712)        
Settlement of call options and warrants, net 1,133   1,133        
Tax benefit related to share-based awards (45)   (45)        
Restricted stock awards, net (1,887)   (1,887)        
Restricted stock awards, net, shares   374          
Share-based compensation 7,047   7,047        
Ending Balances at Jun. 30, 2010 5,228,409 314 2,245,592 251,268 3,697,007 (977,873) 12,101
Ending Balances, shares at Jun. 30, 2010   314,678          
Beginning Balances at Dec. 31, 2010 5,342,863 315 2,255,787 342,052 3,707,881 (977,873) 14,701
Beginning Balances, shares at Dec. 31, 2010   315,034          
Comprehensive income (loss):              
Net income (loss) attributable to Nabors 275,273       275,273    
Translation adjustment attributable to Nabors 39,349     39,349      
Unrealized gains/(losses) on marketable securities, net of income taxes of $70 and $7,678 for 2011 and 2010 respectively (4,954)     (4,954)      
Less: Reclassification adjustment for (gains)/ losses included in net income (loss), net of income taxes of $0 and $951for 2011 and 2010 respectively (1)     (1)      
Pension liability amortization, net of income taxes of $117 and $74 for 2011 and 2010 respectively 183     183      
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges, net of income tax benefit of $(119) and $(9) for 2011 and 2010 respectively 262     262      
Comprehensive income (loss) attributable to Nabors 310,112            
Less: Net (income) loss attributable to noncontrolling interest 1,063           1,063
Translation adjustment attributable to noncontrolling interest 452           452
Comprehensive income (loss) attributable to noncontrolling interest (611)            
Total comprehensive income (loss) 309,501            
Issuance of common shares for stock options exercised, net of surrender of unexercised stock options 11,622 1 11,621        
Issuance of common shares for stock options exercised, net of surrender of unexercised stock options, shares 1,000 956          
Distributions from noncontrolling interest (1,119)           (1,119)
Repurchase of equity component of convertible debt (14)   (14)        
Tax benefit related to share-based awards 42   42        
Restricted stock awards, net (2,527)   (2,527)        
Restricted stock awards, net, shares   868          
Share-based compensation 8,107   8,107        
Ending Balances at Jun. 30, 2011 $ 5,668,475 $ 316 $ 2,273,016 $ 376,891 $ 3,983,154 $ (977,873) $ 12,971
Ending Balances, shares at Jun. 30, 2011   316,858