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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues and other income:        
Operating revenues $ 1,616,981 $ 1,457,966 $ 3,206,599 $ 2,993,444
Earnings (losses) from unconsolidated affiliates (576) 1,360 (3,021) 4,255
Investment income (loss) 7,066 14,821 8,046 94,242
Total revenues and other income 1,623,471 1,474,147 3,211,624 3,091,941
Costs and other deductions:        
Direct costs 1,066,495 972,310 2,128,234 1,967,302
General and administrative expenses 133,630 131,202 267,896 262,080
Depreciation and amortization 282,820 266,210 564,947 535,575
Interest expense 46,303 60,273 91,113 120,284
Losses (gains) on sales and disposals of long-lived assets and other expense (income), net 16,504 9,242 17,980 68,979
Total costs and other deductions 1,545,752 1,439,237 3,070,170 2,954,220
Income (loss) from continuing operations before income tax 77,719 34,910 141,454 137,721
Income tax expense (benefit):        
Current 7,577 11,381 21,235 30,210
Deferred 3,179 (5,349) 3,529 (14,324)
Total income tax expense (benefit) 10,756 6,032 24,764 15,886
Subsidiary preferred stock dividend 1,234 750 1,984 1,500
Income (loss) from continuing operations, net of tax 65,729 28,128 114,706 120,335
Income (loss) from discontinued operations, net of tax (1,032) (26,873) 483 (19,862)
Net income (loss) 64,697 1,255 115,189 100,473
Less: Net (income) loss attributable to noncontrolling interest (253) (5,616) (826) (5,713)
Net income (loss) attributable to Nabors $ 64,444 $ (4,361) $ 114,363 $ 94,760
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ 0.21 $ 0.08 $ 0.37 $ 0.41
Basic from discontinued operations (in dollars per share)   $ (0.09)   $ (0.09)
Total Basic (in dollars per share) $ 0.21 $ (0.01) $ 0.37 $ 0.32
Diluted from continuing operations (in dollars per share) $ 0.21 $ 0.08 $ 0.37 $ 0.41
Diluted from discontinued operations (in dollars per share)   $ (0.09)   $ (0.09)
Total Diluted (in dollars per share) $ 0.21 $ (0.01) $ 0.37 $ 0.32
Weighted-average number of common shares outstanding:        
Basic (in shares) 297,984 294,747 297,097 293,217
Diluted (in shares) 300,981 297,119 300,016 295,644