Assets Held-for-Sale and Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2014

Assets Held-for-Sale and Discontinued Operations

	March 31,		December 31,
Assets Held-for-Sale	2014		2013
	(In thousands)
Oil and Gas	$	231,880	$	239,936
Rig Services	—		3,328
	$	231,880	$	243,264

Schedule of condensed statements of income (loss) from discontinued operations for each operating segment

	Three Months Ended March 31,
	2014		2013
	(In thousands)
Operating revenues

Oil and Gas	$	5,057	$	9,989
Rig Services	$	—	$	47,204

Income (loss) from Oil and Gas discontinued operations:
Income (loss) from discontinued operations	$	2,618	$	2,070
Less: Impairment charges or other (gains) and losses on sale of wholly owned assets	1,002		2,000
Less: Income tax expense (benefit)	101		(283		)
Income (loss) from Oil and Gas discontinued operations, net of tax	$	1,515	$	353

Income (loss) from Rig Services discontinued operations:
Income (loss) from discontinued operations	$	—	$	9,371
Less: Impairment charges or other (gains) and losses on sale of long-lived assets	—		323
Less: Income tax expense (benefit)	—		2,390
Income (loss) from Rig Services discontinued operations, net of tax	$	—	$	6,658

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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