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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues and other income    
Operating revenues $ 597,571 $ 1,414,707
Earnings (losses) from unconsolidated affiliates (167,151) 6,502
Investment income (loss) 343 969
Total revenues and other income 430,763 1,422,178
Costs and other deductions:    
Direct costs 365,023 919,610
General and administrative expenses 62,334 115,430
Research and Engineering 8,162 11,703
Depreciation and amortization 215,818 281,019
Interest expense 45,730 46,601
Other, net 182,404 (55,842)
Total costs and other deductions 879,471 1,318,521
Income (loss) from continuing operations before income taxes (448,708) 103,657
Income tax expense (benefit):    
Current 14,825 47,349
Deferred (66,889) (68,054)
Total income tax expense (benefit) (52,064) (20,705)
Income (loss) from continuing operations, net of tax (396,644) 124,362
Income (loss) from discontinued operations, net of tax (926) (817)
Net income (loss) (397,570) 123,545
Less: Net (income) loss attributable to noncontrolling interest (724) 89
Net income (loss) attributable to Nabors $ (398,294) $ 123,634
Earnings (losses) per share:    
Basic from continuing operations (in dollars per share) $ (1.41) $ 0.43
Total Basic (in dollars per share) (1.41) 0.43
Diluted from continuing operations (in dollars per share) (1.41) 0.43
Diluted from discontinued operations (in dollars per share)   (0.01)
Total Diluted (in dollars per share) $ (1.41) $ 0.42
Weighted-average number of common shares outstanding:    
Basic (in shares) 275,851 285,361
Diluted (in shares) 275,851 286,173