Supplemental Balance Sheet, Income Statement and Cash Flow Information (Tables)

9 Months Ended

Sep. 30, 2015

Supplemental Balance Sheet, Income Statement and Cash Flow Information

	September 30,		December 31,
	2015		2014
	(In thousands)
Accrued compensation	$	151,812	$	177,707
Deferred revenue	360,513		298,345
Other taxes payable	42,175		58,445
Workers’ compensation liabilities	37,459		37,459
Interest payable	17,708		63,532
Litigation reserves	25,998		23,681
Current liability to discontinued operations	5,885		19,602
Current deferred tax liability	3,677		3,677
Current liability to acquisition of KVS	22,278		22,278
Share repurchase	33,421		—
Other accrued liabilities	29,883		23,278

	$	730,809	$	728,004

Investment income (loss)

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2015			2014			2015		2014
	(In thousands)

Interest and dividend income	$	34		$	2,323		$	1,636	$	5,318
Gains (losses) on investments, net	(56		)	(134		)	492		4,917		(1)

	$	(22	)	$	2,189		$	2,128	$	10,235

(1)

Includes realized gains of $5.0 million from the sale of available-for-sale securities.

Losses (gains) on sales and disposals of long-lived assets and other expense (income), net

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2015			2014			2015			2014
	(In thousands)

Losses (gains) on sales, disposals and involuntary conversions of long-lived assets	$	20,984		$	(27,641	)(1)	$	23,709		$	(14,095	)
Other-than-temporary impairment of unconsolidated affiliate (2)	180,591			—			180,591			—
Provision for International operations (3)	48,279			—			48,279			—
Merger transaction (4)	5,500			17,000			(47,074		)	17,000
Litigation expenses	5,522			3,177			3,578			6,804
Foreign currency transaction losses (gains)	(1,496		)	2,374			(2,044		)	3,417
Other losses (gains)	351			3,577			(1,812		)	3,341

	$	259,731		$	(1,513	)	$	205,227		$	16,467

(1)

Includes a $22.2 million gain related to the sale of a large portion of our oil and gas properties located on the North Slope of Alaska. We retained a working interest and overriding royalty interest in these properties (“Alaska E&P assets”).

(2)

Represents an other-than-temporary impairment charge related to our investment in CJES, which we account for under the equity method. See Note 3 — Investments in Unconsolidated Affiliates.

(3)

Includes $25.4 million related to assets and receivables impacted by the degradation of the overall country economy and financial situation in Venezuela, which has been adversely affected by the downturn in oil prices, primarily comprised of a loss of $10.0 million related to the remeasurement of our net monetary assets denominated in local currency from the official exchange rate of 6.3 Bolivares per US dollar to the SIMADI exchange rate of 199 Bolivares per US dollar as of September 30, 2015 and $15.4 million related to the write-off of a receivable balance. The balance of this provision represents an obligation associated with the decision to exit a non-core business line in the region of $22.9 million.

(4)

Includes the settlement of certain working capital requirements, gain and transaction costs associated with the Merger. See Note 3 — Investments in Unconsolidated Affiliates.

Schedule of changes in accumulated other comprehensive income (loss)

	Gains (losses) on cash flow hedges			Unrealized gains (losses) on available- for-sale securities			Defined benefit pension plan items			Foreign currency items			Total
	(In thousands)
As of January 1, 2014	$	(2,419	)	$	71,742		$	(4,075	)	$	150,892		$	216,140

Other comprehensive income (loss) before reclassifications	—			(34,646		)	—			(46,052		)	(80,698		)
Amounts reclassified from accumulated other comprehensive income (loss) (1)	280			(3,726		)	226			—			(3,220		)

Net other comprehensive income (loss)	280			(38,372		)	226			(46,052		)	(83,918		)

As of September 30, 2014	$	(2,139	)	$	33,370		$	(3,849	)	$	104,840		$	132,222

(1)

All amounts are net of tax. Amounts in parentheses indicate debits.

	Gains (losses) on cash flow hedges			Unrealized gains (losses) on available- for-sale securities			Defined benefit pension plan items			Foreign currency items			Total
	(In thousands)
As of January 1, 2015	$	(2,044	)	$	14,996		$	(7,263	)	$	71,833		$	77,522

Other comprehensive income (loss) before reclassifications	—			(10,127		)	—			(95,125		)	(105,252		)
Amounts reclassified from accumulated other comprehensive income (loss) (1)	280			—			522			5,365			6,167

Net other comprehensive income (loss)	280			(10,127		)	522			(89,760		)	(99,085		)

As of September 30, 2015	$	(1,764	)	$	4,869		$	(6,741	)	$	(17,927	)	$	(21,563	)

(1)

All amounts are net of tax. Amounts in parentheses indicate debits.

Schedule of line items that were reclassified from net income

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
Line item in consolidated statement of income (loss)	2015			2014			2015			2014
	(In thousands)

Investment income (loss)	$	—		$	(267	)	$	—		$	4,636
Interest expense	153			153			459			459
General and administrative expenses	276			123			828			369
Losses (gains) on sales and disposals of long-lived assets and other expense (income), net	—			—			(5,365		)	—


Total before tax	$	(429	)	$	(543	)	$	(6,652	)	$	3,808
Tax expense (benefit)	(162		)	(141		)	(485		)	588


Reclassification adjustment for (gains)/losses included in net income (loss)	$	(267	)	$	(402	)	$	(6,167	)	$	3,220