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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Jun. 30, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues and other income:                        
Operating revenues                   $ 6,152,015 $ 6,843,051 $ 6,013,480
Earnings (losses) from unconsolidated affiliates (1,600) (2,600) 1,400 2,900 1,200 (99,500) (156,063) (34,321) (190,384) 39 (288,718) 85,448
Investment income (loss)                   96,577 63,137 19,939
Total revenues and other income             1,547,209 1,830,619 3,377,828 6,248,631 6,617,470 6,118,867
Costs and other deductions:                        
Direct costs             1,089,175 1,155,717 2,244,892 3,981,828 4,367,106 3,738,506
General and administrative expenses                   525,330 527,953 487,808
Depreciation and amortization                   1,086,677 1,039,923 918,122
Interest expense                   223,418 251,904 256,632
Losses (gains) on sales and disposals of long-lived assets and other expense (income), net                   37,977 (136,636) 4,474
Impairments and other charges                   287,241 290,260 198,072
Total costs and other deductions             1,703,353 1,595,552 3,298,905 6,142,471 6,340,510 5,603,614
Income (loss) from continuing operations before income taxes             (156,144) 235,067 78,923 106,160 276,960 515,253
Income tax expense (benefit):                        
Current                   39,865 142,994 109,702
Deferred             (69,966) 49,765 (20,201) (95,046) (102,008) 55,381
Total income tax expense (benefit)             (35,268) 75,771 40,503 (55,181) 40,986 165,083
Subsidiary preferred stock dividend                   3,000 3,000 3,000
Income (loss) from continuing operations, net of tax 128,516 (90,510) 28,128 92,207 131,656 64,489 (121,626) 158,546 36,920 158,341 232,974 347,170
Income (loss) from discontinued operations, net of tax 23,113 (14,430) (26,873) 7,011 (103,414) 12,155 26,710 (2,977)   (11,179) (67,526) (97,601)
Net income (loss)             (94,916) 155,569 60,653 147,162 165,448 249,569
Less: Net (income) loss attributable to noncontrolling interest (1,026) (441) (5,616) (97) (1,074) (988) 1,174 267   (7,180) (621) (1,045)
Net income (loss) attributable to Nabors $ 150,603 $ (105,381) $ (4,361) $ 99,121 $ 27,077 $ 75,656 $ (93,742) $ 155,836 $ 62,094 $ 139,982 $ 164,827 $ 248,524
Earnings (losses) per share:                        
Basic from continuing operations (in dollars per share) $ 0.43 $ (0.30) $ 0.08 $ 0.31 $ 0.45 $ 0.22 $ (0.41) $ 0.55 $ 0.13 $ 0.51 $ 0.80 $ 1.21
Basic from discontinued operations (in dollars per share) $ 0.07 $ (0.05) $ (0.09) $ 0.03 $ (0.36) $ 0.04 $ 0.09 $ (0.01)   $ (0.04) $ (0.23) $ (0.34)
Total Basic (in dollars per share) $ 0.50 $ (0.35) $ (0.01) $ 0.34 $ 0.09 $ 0.26 $ (0.32) $ 0.54 $ 0.21 $ 0.47 $ 0.57 $ 0.87
Diluted from continuing operations (in dollars per share) $ 0.42 $ (0.30) $ 0.08 $ 0.31 $ 0.45 $ 0.22 $ (0.41) $ 0.54 $ 0.13 $ 0.51 $ 0.79 $ 1.18
Diluted from discontinued operations (in dollars per share) $ 0.08 $ (0.05) $ (0.09) $ 0.02 $ (0.36) $ 0.04 $ 0.09 $ (0.01)   $ (0.04) $ (0.23) $ (0.33)
Total Diluted (in dollars per share) $ 0.50 $ (0.35) $ (0.01) $ 0.33 $ 0.09 $ 0.26 $ (0.32) $ 0.53 $ 0.21 $ 0.47 $ 0.56 $ 0.85
Weighted-average number of common shares outstanding:                        
Basic (in shares)                   294,182 289,965 287,118
Diluted (in shares)                   296,592 292,323 292,484