Supplemental Balance Sheet, Income Statement and Cash Flow Information (Tables)

9 Months Ended

Sep. 30, 2011

Supplemental Balance Sheet, Income Statement and Cash Flow Information [Abstract]

Accrued liabilities

Accrued liabilities include the following:

	September 30,		December 31,
	2011		2010
	(In thousands)
Accrued compensation	$	147,122	$	116,680
Deferred revenue		131,695		88,389
Other taxes payable		67,222		25,227
Workers’ compensation liabilities		21,489		31,944
Interest payable		39,456		89,276
Due to joint venture partners		6,041		6,030
Warranty accrual		4,422		3,376
Litigation reserves		24,513		12,301
Professional fees		5,567		3,222
Current deferred tax liability		—		1,027
Other accrued liabilities		12,416		16,820
	$	459,943	$	394,292

Investment income (loss)

Investment income (loss) includes the following:

	Nine Months Ended
	September 30,
	2011			2010
	(In thousands)
Interest and dividend income	$	5,338		$	5,525
Gains (losses) on investments, net(1)		6,718	(2)		(6,501	)
	$	12,056		$	(976	)

(1)	Includes unrealized losses of $8.1 million and $10.1 million, respectively, from our trading securities.
(2)	Includes $12.9 million realized gain related to one of our overseas fund investments classified as long-term investments, partially offset by unrealized losses discussed above.

Losses (gains) on sales and retirements of long-lived assets and other expense (income), net

Losses (gains) on sales and retirements of long-lived assets and other expense (income), net includes the following:

	Nine Months Ended
	September 30,
	2011			2010
	(In thousands)
Losses (gains) on sales and retirements of long-lived assets	$	(695	)	$	4,211
Gain on acquisition of equity method investment		(12,178	)(1)		—
Acquisition-related costs		151			7,000
Litigation expenses		12,221			3,398
Foreign currency transaction losses (gains)		606			16,839	(2)
Losses (gains) on derivative instruments		(1,540	)		707
Losses (gains) on debt extinguishment		58			7,042
Other losses (gains)		821			1,601
	$	(556	)	$	40,798

(1)

On July 29, 2011, we paid $65 million in cash to acquire the remaining 50 percent equity interests of Peak, making it a wholly owned subsidiary on this date. Peak operates in Alaska, providing construction and rig moving services in icy conditions as well as light and heavy-duty moving, hauling and maintenance services. Previously, we held a 50 percent equity interest with a carrying value of $38.1 million that we had accounted for as an equity method investment. As a result of the acquisition, we have consolidated the assets and liabilities of Peak during the third quarter based on their respective fair values, in accordance with Topic 805 — Business Combinations. The excess of the estimated fair value of the assets and liabilities over the net carrying value of our previously held equity interest resulted in a gain of $12.2 million.

(2)

Includes $8.2 million foreign currency exchange losses for operations in Venezuela related to the Venezuela government’s decision to devalue its currency in January 2010.

Impairments and other charges

Impairments and other charges included the following:

	Nine Months Ended
	September 30,
	2011		2010
	(In thousands)
Provision for retirement of long-lived assets	$	98,072	$	23,213
Impairment of long-lived assets		—		34,832
Impairment of oil and gas-related assets		—		54,347
Goodwill impairments		—		10,707
Impairments and other charges	$	98,072	$	123,099