XML 72 R64.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings (Losses) Per Share (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Earnings (losses) per share computations        
Income (loss) from continuing operations, net of tax $ 65,818 $ 87,190 $ 109,783 $ 252,629
Less: Net (income) loss attributable to noncontrolling interest (988) (708) 453 355
Adjusted income (loss) from continuing operations, net of tax - basic 64,830 86,482 110,236 252,984
Adjusted income (loss) from continuing operations, net of tax diluted 64,830 86,482 110,236 252,984
Income (loss) from discontinued operations, net of tax 10,826 (12,226) 26,721 96,545
Net income (loss) attributable to Nabors $ 75,656 $ 74,256 $ 136,957 $ 349,529
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ 0.22 $ 0.30 $ 0.38 $ 0.88
Basic from discontinued operations (in dollars per share) $ 0.04 $ (0.04) $ 0.09 $ 0.34
Total Basic (in dollars per share) $ 0.26 $ 0.26 $ 0.47 $ 1.22
Diluted from continuing operations (in dollars per share) $ 0.22 $ 0.30 $ 0.38 $ 0.86
Diluted from discontinued operations (in dollars per share) $ 0.04 $ (0.05) $ 0.09 $ 0.33
Total Diluted (in dollars per share) $ 0.26 $ 0.25 $ 0.47 $ 1.19
Shares (denominator):        
Weighted-average number of shares outstanding - basic 290,367 287,487 289,822 286,971
Net effect of dilutive stock options, warrants and restricted stock awards based on the if-converted method (in shares) 2,134 4,499 2,468 6,020
Weighted-average number of shares outstanding - diluted 292,501 291,986 292,290 292,991