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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 Nabors44,214   44,214  
Translation adjustment attributable to Nabors19,897  19,897   
Unrealized gains/(losses) on marketable securities, net of income taxes of $19 and $7,412 for 2011 and 2010, respectively(30,508)  (30,508)   
Less: Reclassification adjustment for (gains)/losses included in net income (loss), net of income taxes of $0 and $693 for 2011 and 2010, respectively(995)  (995)   
Pension liability amortization, net of income taxes of $176 and $111 for 2011 and 2010, respectively189  189   
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges, net of income taxes of $179 and $2,178 for 2011 and 2010, respectively(3,294)  (3,294)   
Comprehensive income (loss) attributable to Nabors29,503      
Net income (loss) attributable to noncontrolling interest(1,208)     1,208
Translation adjustment attributable to noncontrolling interest253     253
Comprehensive income (loss) attributable to noncontrolling interest(955)      
Total comprehensive income (loss)28,548      
Issuance of common shares for stock options exercised, net of surrender of unexercised stock options5,391 5,391    
Issuance of common shares for stock options exercised, net of surrender of unexercised stock options, shares500459     
Distributions from noncontrolling interest(867)     (867)
Contributions to noncontrolling interest437     437
Repurchase of equity component of convertible debt(4,712) (4,712)    
Settlement of call options and warrants, net1,134 1,134    
Tax benefit related to share-based awards(38) (38)    
Restricted stock awards, net(1,904) (1,904)    
Restricted stock awards, net, shares 360     
Share-based compensation10,602 10,602    
Ending Balances at Sep. 30, 20105,220,5703142,249,796277,9953,657,400(977,873)12,938
Ending Balances, shares at Sep. 30, 2010 314,734     
Beginning Balances at Dec. 31, 20105,342,8633152,255,787342,0523,707,881(977,873)14,701
Beginning Balances, shares at Dec. 31, 2010 315,034     
Comprehensive income (loss):       
Net income (loss) attributable to Nabors349,529   349,529  
Translation adjustment attributable to Nabors(47,507)  (47,507)   
Unrealized gains/(losses) on marketable securities, net of income taxes of $19 and $7,412 for 2011 and 2010, respectively(26,053)  (26,053)   
Less: Reclassification adjustment for (gains)/losses included in net income (loss), net of income taxes of $0 and $693 for 2011 and 2010, respectively(5)  (5)   
Pension liability amortization, net of income taxes of $176 and $111 for 2011 and 2010, respectively275  275   
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges, net of income taxes of $179 and $2,178 for 2011 and 2010, respectively393  393   
Comprehensive income (loss) attributable to Nabors276,632      
Net income (loss) attributable to noncontrolling interest(355)     (355)
Translation adjustment attributable to noncontrolling interest(460)     (460)
Comprehensive income (loss) attributable to noncontrolling interest(815)      
Total comprehensive income (loss)275,817      
Issuance of common shares for stock options exercised, net of surrender of unexercised stock options12,175112,174    
Issuance of common shares for stock options exercised, net of surrender of unexercised stock options, shares1,0001,006     
Distributions from noncontrolling interest(2,159)     (2,159)
Repurchase of equity component of convertible debt(12) (12)    
Tax benefit related to share-based awards185 185    
Restricted stock awards, net(2,579)1(2,580)    
Restricted stock awards, net, shares 882     
Share-based compensation17,249 17,249    
Ending Balances at Sep. 30, 2011$ 5,643,539$ 317$ 2,282,803$ 269,155$ 4,057,410$ (977,873)$ 11,727
Ending Balances, shares at Sep. 30, 2011 316,922