XML 56 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME [Abstract]    
Net income (loss) attributable to Nabors $ 134,090 $ 82,825
Other comprehensive income, before tax:    
Translation adjustment attributable to Nabors 17,266 31,439
Unrealized gains/(losses) on marketable securities:    
Unrealized gains/(losses) on marketable securities 12,223 6,308
Less: reclassification adjustment for (gains)/losses included in net income (loss) (12,465) (3)
Unrealized gains (losses) on marketable securities (242) 6,305
Defined benefit pension plans:    
Pension liability amortization 260 151
Pension liability adjustment     
Defined benefit pension plans 260 151
Unrealized gains/(losses) and amortization of (gains)/losses on cash flow hedges 191 191
Other comprehensive income, before tax 17,475 38,086
Income tax expense related to items of other comprehensive income (3,724) 182
Other comprehensive income, net of tax 21,199 37,904
Comprehensive income 155,289 120,729
Less: Net (income) loss attributable to noncontrolling interest 267 669
Translation adjustment attributable to noncontrolling interest 243 357
Comprehensive income attributable to noncontrolling interest (24) (312)
Comprehensive income attributable to Nabors $ 155,265 $ 120,417