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CONSOLIDATED STATEMENTS OF INCOME (LOSS) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues and other income:    
Operating revenues $ 1,589,618 $ 1,535,478
Earnings (losses) from unconsolidated affiliates (2,445) 2,895
Investment income (loss) 980 79,421
Total revenues and other income 1,588,153 1,617,794
Costs and other deductions:    
Direct costs 1,061,739 994,992
General and administrative expenses 134,266 130,878
Depreciation and amortization 282,127 269,365
Interest expense 44,810 60,011
Losses (gains) on sales and disposals of long-lived assets and other expense (income), net 1,476 59,737
Total costs and other deductions 1,524,418 1,514,983
Income (loss) from continuing operations before income tax 63,735 102,811
Income tax expense (benefit):    
Current 13,658 18,829
Deferred 350 (8,975)
Total income tax expense (benefit) 14,008 9,854
Subsidiary preferred stock dividend 750 750
Income (loss) from continuing operations, net of tax 48,977 92,207
Income (loss) from discontinued operations, net of tax 1,515 7,011
Net income (loss) 50,492 99,218
Less: Net (income) loss attributable to noncontrolling interest (573) (97)
Net income (loss) attributable to Nabors $ 49,919 $ 99,121
Earnings (losses) per share:    
Basic from continuing operations (in dollars per share) $ 0.16 $ 0.31
Basic from discontinued operations (in dollars per share) $ 0.01 $ 0.03
Total Basic (in dollars per share) $ 0.17 $ 0.34
Diluted from continuing operations (in dollars per share) $ 0.16 $ 0.31
Diluted from discontinued operations (in dollars per share)   $ 0.02
Total Diluted (in dollars per share) $ 0.16 $ 0.33
Weighted-average number of common shares outstanding:    
Basic (in shares) 296,210 291,687
Diluted (in shares) 299,050 294,170