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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues and Other Income                      
Operating revenues $ 738,872 $ 847,553 $ 863,305 $ 1,414,707 $ 1,783,836 $ 1,813,762 $ 1,616,981 $ 1,589,618 $ 3,864,437 $ 6,804,197 $ 6,152,015
Earnings (losses) from unconsolidated affiliates                 (75,081) (6,301) 39
Investment income (loss)                 2,308 11,831 96,577
Total revenues and other income                 3,791,664 6,809,727 6,248,631
Costs and other deductions:                      
Direct costs                 2,371,436 4,505,064 3,981,828
General and administrative expenses                 324,328 500,036 479,890
Research and Engineering                 41,253 49,698 45,440
Depreciation and amortization                 970,459 1,145,100 1,086,677
Interest expense                 181,928 177,948 223,418
Impairment and other charges                 368,967 1,027,423 287,241
Other, net                 (39,172) 9,073 37,977
Total costs and other deductions                 4,219,199 7,414,342 6,142,471
Income (loss) from continuing operations before income taxes                 (427,535) (604,615) 106,160
Income tax expense (benefit):                      
Current                 89,865 302,313 39,865
Deferred                 (187,903) (239,647) (95,046)
Total income tax expense (benefit)                 (98,038) 62,666 (55,181)
Subsidiary preferred stock dividend                   1,984 3,000
Income (loss) from continuing operations, net of tax (161,090) (250,879) (41,890) 124,362 (886,401) 102,430 65,729 48,977 (329,497) (669,265) 158,341
Income (loss) from discontinued operations, net of tax (1,730) (45,275) 5,025 (817) (4,467) 4,005 (1,032) 1,515 (42,797) 21 (11,179)
Net income (loss)                 (372,294) (669,244) 147,162
Less: Net (income) loss attributable to noncontrolling interest (834) 320 44 89 (202) (387) (253) (573) (381) (1,415) (7,180)
Net income (loss) attributable to Nabors $ (163,654) $ (295,834) $ (36,821) $ 123,634 $ (891,070) $ 106,048 $ 64,444 $ 49,919 $ (372,675) $ (670,659) $ 139,982
Earnings (losses) per share:                      
Basic from continuing operations (in dollars per share) $ (0.57) $ (0.86) $ (0.14) $ 0.43 $ (3.06) $ 0.34 $ 0.21 $ 0.16 $ (1.14) $ (2.28) $ 0.51
Basic from discontinued operations (in dollars per share) (0.01) (0.16) 0.01   (0.02) 0.02   0.01 (0.15)   (0.04)
Total Basic (in dollars per share) (0.58) (1.02) (0.13) 0.43 (3.08) 0.36 0.21 0.17 (1.29) (2.28) 0.47
Diluted from continuing operations (in dollars per share) (0.57) (0.86) (0.14) 0.43 (3.06) 0.34 0.21 0.16 (1.14) (2.28) 0.51
Diluted from discontinued operations (in dollars per share) (0.01) (0.16) 0.01 (0.01) (0.02) 0.01     (0.15)   (0.04)
Total Diluted (in dollars per share) $ (0.58) $ (1.02) $ (0.13) $ 0.42 $ (3.08) $ 0.35 $ 0.21 $ 0.16 $ (1.29) $ (2.28) $ 0.47
Weighted-average number of common shares outstanding:                      
Basic (in shares)                 282,982 290,694 294,182
Diluted (in shares)                 282,982 290,694 296,592