Earnings (Losses) Per Share (Tables)

12 Months Ended

Dec. 31, 2013

Earnings (Losses) Per Share

Earnings (losses) per share computations

	Year Ended December 31,
	2013			2012			2011
				Revised			Revised
	(In thousands, except per share amounts)
Net income (loss) (numerator):
Income (loss) from continuing operations, net of tax	$	158,341		$	232,974		$	347,170
Less: net (income) loss attributable noncontrolling interest		(7,180	)		(621	)		(1,045	)
Less: net (income) loss allocated to unvested shareholders		(1,277	)		—			—
Adjusted income (loss) from continuing operations—basic and diluted		149,884			232,353			346,125
Income (loss) from discontinued operations, net of tax		(11,179	)		(67,526	)		(97,601	)
Adjusted net income (loss) attributable to Nabors	$	138,705		$	164,827		$	248,524
Earnings (losses) per share:
Basic from continuing operations	$	0.51		$	0.80		$	1.21
Basic from discontinued operations		(0.04	)		(0.23	)		(0.34	)
Total Basic	$	0.47		$	0.57		$	0.87
Diluted from continuing operations	$	0.51		$	0.79		$	1.18
Diluted from discontinued operations		(0.04	)		(0.23	)		(0.33	)
Total Diluted	$	0.47		$	0.56		$	0.85
Shares (denominator):
Weighted-average number of shares outstanding—basic		294,182			289,965			287,118
Net effect of dilutive stock options, warrants and restricted stock awards based on the if-converted method		2,410			2,358			5,366
Weighted-average number of shares outstanding—diluted		296,592			292,323			292,484