XML 36 R69.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidating Financial Information (Details 4) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Statements of Other Comprehensive Income        
Net income (loss) attributable to Nabors $ (105,381) $ 75,656 $ (10,621) $ 136,957
Other comprehensive income (loss), before tax:        
Translation adjustment attributable to Nabors 15,716 31,550 (36,853) 29,157
Unrealized gains/(losses) on marketable securities:        
Unrealized gains/(losses) on marketable securities (3,416) 13,667 1,586 20,882
Less: reclassification adjustment for (gains)/losses on marketable securities (2) (1,523) (88,159) (14,007)
Unrealized gains/(losses) on marketable securities (3,418) 12,144 (86,573) 6,875
Pension liability amortization and adjustment 280 260 842 780
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges 153 166 459 548
Net other comprehensive income (loss), net of tax 12,731 44,120 (122,125) 37,360
Income tax expense (benefit) related to items of other comprehensive income (loss) 116 (272) (2,161) (3,856)
Net other comprehensive income (loss), net of tax 12,615 44,392 (119,964) 41,216
Comprehensive income (loss) attributable to Nabors (92,766) 120,048 (130,585) 178,173
Net income (loss) attributable to noncontrolling interest 441 988 6,154 (453)
Translation adjustment attributable to noncontrolling interest 229 390 (572) 417
Comprehensive income (loss) attributable to noncontrolling interest 670 1,378 5,582 (36)
Comprehensive income (loss) (92,096) 121,426 (125,003) 178,137
Nabors (Parent/Guarantor)
       
Statements of Other Comprehensive Income        
Net income (loss) attributable to Nabors (105,381) 75,656 (10,621) 136,957
Other comprehensive income (loss), before tax:        
Translation adjustment attributable to Nabors 15,716 31,550 (36,853) 29,157
Unrealized gains/(losses) on marketable securities:        
Unrealized gains/(losses) on marketable securities (3,416) 13,667 1,586 20,882
Less: reclassification adjustment for (gains)/losses on marketable securities (2) (1,523) (88,159) (14,007)
Unrealized gains/(losses) on marketable securities (3,418) 12,144 (86,573) 6,875
Pension liability amortization and adjustment 280 260 842 780
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges 153 166 459 548
Net other comprehensive income (loss), net of tax 12,731 44,120 (122,125) 37,360
Income tax expense (benefit) related to items of other comprehensive income (loss) 116 (272) (2,161) (3,856)
Net other comprehensive income (loss), net of tax 12,615 44,392 (119,964) 41,216
Comprehensive income (loss) attributable to Nabors (92,766) 120,048 (130,585) 178,173
Translation adjustment attributable to noncontrolling interest 229 390 (572) 417
Comprehensive income (loss) attributable to noncontrolling interest 670 1,378 5,582 (36)
Comprehensive income (loss) (92,096) 121,426 (125,003) 178,137
Nabors Delaware (Issuer)
       
Statements of Other Comprehensive Income        
Net income (loss) attributable to Nabors (82,783) (184,026) (107,091) (229,806)
Other comprehensive income (loss), before tax:        
Translation adjustment attributable to Nabors 331 (99) 185 (100)
Unrealized gains/(losses) on marketable securities:        
Unrealized gains/(losses) on marketable securities (135) 6 98 17
Less: reclassification adjustment for (gains)/losses on marketable securities   (1,200) (7,114) (11,488)
Unrealized gains/(losses) on marketable securities (135) (1,194) (7,016) (11,471)
Pension liability amortization and adjustment 280 260 842 779
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges 153 166 459 548
Net other comprehensive income (loss), net of tax 629 (867) (5,530) (10,244)
Income tax expense (benefit) related to items of other comprehensive income (loss) 116 (272) (2,161) (3,856)
Net other comprehensive income (loss), net of tax 513 (595) (3,369) (6,388)
Comprehensive income (loss) attributable to Nabors (82,270) (184,621) (110,460) (236,194)
Comprehensive income (loss) (82,270) (184,621) (110,460) (236,194)
Other Subsidiaries (Non-Guarantors)
       
Statements of Other Comprehensive Income        
Net income (loss) attributable to Nabors (12,446) (68,951) 152,715 28,101
Other comprehensive income (loss), before tax:        
Translation adjustment attributable to Nabors 16,046 31,451 (36,669) 29,057
Unrealized gains/(losses) on marketable securities:        
Unrealized gains/(losses) on marketable securities (3,551) 13,673 1,684 20,899
Less: reclassification adjustment for (gains)/losses on marketable securities (2) (2,723) (95,273) (25,495)
Unrealized gains/(losses) on marketable securities (3,553) 10,950 (93,589) (4,596)
Pension liability amortization and adjustment 560 520 1,684 1,560
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges 153 166 459 548
Net other comprehensive income (loss), net of tax 13,206 43,087 (128,115) 26,569
Income tax expense (benefit) related to items of other comprehensive income (loss) 173 (604) (4,499) (7,892)
Net other comprehensive income (loss), net of tax 13,033 43,691 (123,616) 34,461
Comprehensive income (loss) attributable to Nabors 587 (25,260) 29,099 62,562
Net income (loss) attributable to noncontrolling interest 441 988 6,154 (453)
Translation adjustment attributable to noncontrolling interest 229 390 (572) 417
Comprehensive income (loss) attributable to noncontrolling interest 670 1,378 5,582 (36)
Comprehensive income (loss) 1,257 (23,882) 34,681 62,526
Consolidating Adjustments
       
Statements of Other Comprehensive Income        
Net income (loss) attributable to Nabors 95,229 252,977 (45,624) 201,705
Other comprehensive income (loss), before tax:        
Translation adjustment attributable to Nabors (16,377) (31,352) 36,484 (28,957)
Unrealized gains/(losses) on marketable securities:        
Unrealized gains/(losses) on marketable securities 3,686 (13,679) (1,782) (20,916)
Less: reclassification adjustment for (gains)/losses on marketable securities 2 3,923 102,387 36,983
Unrealized gains/(losses) on marketable securities 3,688 (9,756) 100,605 16,067
Pension liability amortization and adjustment (840) (780) (2,526) (2,339)
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges (306) (332) (918) (1,096)
Net other comprehensive income (loss), net of tax (13,835) (42,220) 133,645 (16,325)
Income tax expense (benefit) related to items of other comprehensive income (loss) (289) 876 6,660 11,748
Net other comprehensive income (loss), net of tax (13,546) (43,096) 126,985 (28,073)
Comprehensive income (loss) attributable to Nabors 81,683 209,881 81,361 173,632
Translation adjustment attributable to noncontrolling interest (229) (390) 572 (417)
Comprehensive income (loss) attributable to noncontrolling interest (670) (1,378) (5,582) 36
Comprehensive income (loss) $ 81,013 $ 208,503 $ 75,779 $ 173,668