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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues and other income:        
Operating revenues $ 847,553 $ 1,813,762 $ 3,125,565 $ 5,020,361
Earnings (losses) from unconsolidated affiliates (35,100) (2,851) (29,714) (5,872)
Investment income (loss) (22) 2,189 2,128 10,235
Total revenues and other income 812,431 1,813,100 3,097,979 5,024,724
Costs and other deductions:        
Direct costs 518,174 1,181,986 1,926,306 3,310,220
General and administrative expenses 81,748 138,967 295,171 406,863
Depreciation and amortization 240,107 286,581 739,322 851,528
Interest expense 44,448 43,138 135,518 134,251
Losses (gains) on sales and disposals of long-lived assets and other expense (income), net 259,731 (1,513) 205,227 16,467
Total costs and other deductions 1,144,208 1,649,159 3,301,544 4,719,329
Income (loss) from continuing operations before income tax (331,777) 163,941 (203,565) 305,395
Income tax expense (benefit):        
Current 13,735 72,371 46,682 93,606
Deferred (94,633) (10,860) (81,840) (7,331)
Total income tax expense (benefit) (80,898) 61,511 (35,158) 86,275
Subsidiary preferred stock dividend       1,984
Income (loss) from continuing operations, net of tax (250,879) 102,430 (168,407) 217,136
Income (loss) from discontinued operations, net of tax (45,275) 4,005 (41,067) 4,488
Net income (loss) (296,154) 106,435 (209,474) 221,624
Less: Net (income) loss attributable to noncontrolling interest 320 (387) 453 (1,213)
Net income (loss) attributable to Nabors $ (295,834) $ 106,048 $ (209,021) $ 220,411
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (0.86) $ 0.34 $ (0.57) $ 0.72
Basic from discontinued operations (in dollars per share) (0.16) 0.02 (0.15) 0.02
Total Basic (in dollars per share) (1.02) 0.36 (0.72) 0.74
Diluted from continuing operations (in dollars per share) (0.86) 0.34 (0.57) 0.71
Diluted from discontinued operations (in dollars per share) (0.16) 0.01 (0.15) 0.02
Total Diluted (in dollars per share) $ (1.02) $ 0.35 $ (0.72) $ 0.73
Weighted-average number of common shares outstanding:        
Basic (in shares) 284,112 292,621 285,186 292,613
Diluted (in shares) 284,112 295,005 285,186 295,353