Note 9 Supplemental Balance Sheet and Income Statement Information

Accrued liabilities included the following:


	September 30,		December 31,
	2016		2015
	(In thousands)
Accrued compensation	$	106,864	$	120,204
Deferred revenue		269,601		340,472
Other taxes payable		28,218		39,850
Workers’ compensation liabilities		37,459		37,459
Interest payable		15,372		62,776
Litigation reserves		25,776		27,097
Current liability to discontinued operations		5,539		5,197
Current liability to acquisition of KVS		22,278		22,278
Other accrued liabilities		37,230		31,280
	$	548,337	$	686,613

Other expense (income), net included the following:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016			2015
	(In thousands)
Losses (gains) on sales, disposals and involuntary conversions of long-lived assets	$	6,546	$	20,984	$	40,527	(1)	$	23,709
Other-than-temporary impairment of equity security (2)		3,495		—		3,495			—
Impairment of our CJES holdings (3)		—		180,591		220,117			180,591
Merger transaction (4)		—		5,500		—			(47,074)
Provision for International operations (5)		1,128		48,279		1,128			48,279
Litigation expenses		2,327		5,522		2,651			3,578
Foreign currency transaction losses (gains)		(1,102)		(1,496)		5,916			(2,044)
Gain on debt buyback		(680)		—		(6,707)			—
Other losses (gains)		(1,322)		351		276			(1,812)
	$	10,392	$	259,731	$	267,403		$	205,227

(1)

Includes charges of $22.4 million for nine months ended September 30, 2016 related to a reserve for amounts associated with our retained interest in the oil and gas properties located on the North Slope of Alaska and a $3.8 million charge to reduce the carrying value of one of our jack-up rigs, which was re-classified as held for sale at June 30, 2016, to its estimated fair value based on expected sales price.

(2)

Represents an other-than-temporary impairment charge related to an equity security. Because the trading price of this security remained below our cost basis for an extended period, we determined the investment was other than temporarily impaired and it was appropriate to write down the investment’s carrying value to its current estimated fair value.

(3)

Represents impairment charges related to our CJES holdings. See Note 3 — Investments in Unconsolidated Affiliates.

(4)

Includes the gain and transaction costs associated with the Merger. See Note 3 — Investments in Unconsolidated Affiliates.

(5)

Includes $25.4 million related to assets and receivables impacted by the degradation of the overall economy and financial situation in Venezuela, which was 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 $1.1 million for each of the three and nine months ended September 30, 2016 and $22.9 million for each of the three and nine months ended September 30, 2015.

The changes in accumulated other comprehensive income (loss), by component, included the following:


			Unrealized
	Gains		gains (losses)		Defined
	(losses) on		on available-		benefit		Foreign
	cash flow		for-sale		pension plan		currency
	hedges		securities		items		items		Total
	(In thousands (1) )
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)		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.


			Unrealized
	Gains		gains (losses)		Defined
	(losses) on		on available-		benefit		Foreign
	cash flow		for-sale		pension plan		currency
	hedges		securities		items		items		Total
	(In thousands (1) )
As of January 1, 2016	$	(1,670)	$	(314)	$	(6,568)	$	(39,041)	$	(47,593)
Other comprehensive income (loss) before reclassifications		—		3,551		—		27,870		31,421
Amounts reclassified from accumulated other comprehensive income (loss)		472		3,495		280		—		4,247
Net other comprehensive income (loss)		472		7,046		280		27,870		35,668
As of September 30, 2016	$	(1,198)	$	6,732	$	(6,288)	$	(11,171)	$	(11,925)

(1)

All amounts are net of tax.

The line items that were reclassified to net income included the following:


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
	(In thousands)
Interest expense	$	153	$	153		459		459
General and administrative expenses		297		276		765		828
Other expense (income), net		3,495		—		3,495		5,365
Total income (loss) from continuing operations before income tax		(3,945)		(429)		(4,719)		(6,652)
Tax expense (benefit)		(172)		(162)		(472)		(485)
Reclassification adjustment for (gains)/ losses included in net income (loss)	$	(3,773)	$	(267)	$	(4,247)	$	(6,167)