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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues and other income:        
Operating revenues $ 863,305 $ 1,616,981 $ 2,278,012 $ 3,206,599
Earnings (losses) from unconsolidated affiliates (1,116) (576) 5,386 (3,021)
Investment income (loss) 1,181 7,066 2,150 8,046
Total revenues and other income 863,370 1,623,471 2,285,548 3,211,624
Costs and other deductions:        
Direct costs 488,522 1,066,495 1,408,132 2,128,234
General and administrative expenses 86,290 133,630 213,423 267,896
Depreciation and amortization 218,196 282,820 499,215 564,947
Interest expense 44,469 46,303 91,070 91,113
Losses (gains) on sales and disposals of long-lived assets and other expense (income), net 1,338 16,504 (54,504) 17,980
Total costs and other deductions 838,815 1,545,752 2,157,336 3,070,170
Income (loss) from continuing operations before income tax 24,555 77,719 128,212 141,454
Income tax expense (benefit):        
Current (14,402) 7,577 32,947 21,235
Deferred 80,847 3,179 12,793 3,529
Total income tax expense (benefit) 66,445 10,756 45,740 24,764
Subsidiary preferred stock dividend   1,234   1,984
Income (loss) from continuing operations, net of tax (41,890) 65,729 82,472 114,706
Income (loss) from discontinued operations, net of tax 5,025 (1,032) 4,208 483
Net income (loss) (36,865) 64,697 86,680 115,189
Less: Net (income) loss attributable to noncontrolling interest 44 (253) 133 (826)
Net income (loss) attributable to Nabors $ (36,821) $ 64,444 $ 86,813 $ 114,363
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (0.14) $ 0.21 $ 0.28 $ 0.37
Basic from discontinued operations (in dollars per share) 0.01   0.02  
Total Basic (in dollars per share) (0.13) 0.21 0.30 0.37
Diluted from continuing operations (in dollars per share) (0.14) 0.21 0.28 0.37
Diluted from discontinued operations (in dollars per share) 0.01   0.02  
Total Diluted (in dollars per share) $ (0.13) $ 0.21 $ 0.30 $ 0.37
Weighted-average number of common shares outstanding:        
Basic (in shares) 286,085 297,984 285,723 297,097
Diluted (in shares) 286,085 300,981 286,701 300,016