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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues and other income:        
Operating revenues $ 1,550,819 $ 1,729,907 $ 4,544,263 $ 5,272,499
Earnings (losses) from unconsolidated affiliates (2,628) (99,527) 1,627 (302,513)
Investment income (loss) 1,229 7,224 95,471 32,844
Total revenues and other income 1,549,420 1,637,604 4,641,361 5,002,830
Costs and other deductions:        
Direct costs 980,911 1,107,032 2,948,213 3,353,520
General and administrative expenses 127,943 130,681 390,023 398,534
Depreciation and amortization 273,444 265,637 809,019 766,441
Interest expense 56,059 63,776 176,343 190,068
Losses (gains) on sales and disposals of long-lived assets and other expense (income), net 3,266 10,216 27,245 21,777
Impairments and other charges 242,241   287,241 147,503
Total costs and other deductions 1,683,864 1,577,342 4,638,084 4,877,843
Income (loss) from continuing operations before income taxes (134,444) 60,262 3,277 124,987
Income tax expense (benefit):        
Current (32,316) 50,979 (2,106) 111,683
Deferred (12,368) (55,956) (26,692) (89,562)
Total income tax expense (benefit) (44,684) (4,977) (28,798) 22,121
Subsidiary preferred stock dividend 750 750 2,250 2,250
Income (loss) from continuing operations, net of tax (90,510) 64,489 29,825 100,616
Income (loss) from discontinued operations, net of tax (14,430) 12,155 (34,292) 35,888
Net income (loss) (104,940) 76,644 (4,467) 136,504
Less: Net (income) loss attributable to noncontrolling interest (441) (988) (6,154) 453
Net income (loss) attributable to Nabors $ (105,381) $ 75,656 $ (10,621) $ 136,957
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (0.30) $ 0.22 $ 0.08 $ 0.35
Basic from discontinued operations (in dollars per share) $ (0.05) $ 0.04 $ (0.11) $ 0.12
Total Basic (in dollars per share) $ (0.35) $ 0.26 $ (0.03) $ 0.47
Diluted from continuing operations (in dollars per share) $ (0.30) $ 0.22 $ 0.08 $ 0.35
Diluted from discontinued operations (in dollars per share) $ (0.05) $ 0.04 $ (0.11) $ 0.12
Total Diluted (in dollars per share) $ (0.35) $ 0.26 $ (0.03) $ 0.47
Weighted-average number of common shares outstanding:        
Basic (in shares) 295,076 290,367 293,837 289,822
Diluted (in shares) 295,076 292,501 296,208 292,290