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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues and other income        
Operating revenues $ 519,729 $ 847,553 $ 1,688,891 $ 3,125,565
Earnings (losses) from unconsolidated affiliates 2 (35,100) (221,918) (29,714)
Investment income (loss) 310 (22) 923 2,128
Total revenues and other income 520,041 812,431 1,467,896 3,097,979
Costs and other deductions:        
Direct costs 306,436 518,174 1,012,738 1,926,306
General and administrative expenses 56,078 72,032 175,036 263,272
Research and Engineering 8,476 9,716 24,818 31,899
Depreciation and amortization 220,713 240,107 655,444 739,322
Interest expense 46,836 44,448 137,803 135,518
Other, net 10,392 259,731 267,403 205,227
Total costs and other deductions 648,931 1,144,208 2,273,242 3,301,544
Income (loss) from continuing operations before income taxes (128,890) (331,777) (805,346) (203,565)
Income tax expense (benefit):        
Current 8,600 13,735 39,323 46,682
Deferred (39,651) (94,633) (163,621) (81,840)
Total income tax expense (benefit) (31,051) (80,898) (124,298) (35,158)
Income (loss) from continuing operations, net of tax (97,839) (250,879) (681,048) (168,407)
Income (loss) from discontinued operations, net of tax (12,187) (45,275) (14,097) (41,067)
Net income (loss) (110,026) (296,154) (695,145) (209,474)
Less: Net (income) loss attributable to noncontrolling interest (1,185) 320 990 453
Net income (loss) attributable to Nabors (111,211) (295,834) (694,155) (209,021)
Amounts attributable to Nabors:        
Net income (loss) from continuing operations (99,024) (250,559) (680,058) (167,954)
Net income (loss) from discontinued operations (12,187) (45,275) (14,097) (41,067)
Net income (loss) attributable to Nabors $ (111,211) $ (295,834) $ (694,155) $ (209,021)
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (0.35) $ (0.86) $ (2.41) $ (0.57)
Basic from discontinued operations (in dollars per share) (0.04) (0.16) (0.05) (0.15)
Total Basic (in dollars per share) (0.39) (1.02) (2.46) (0.72)
Diluted from continuing operations (in dollars per share) (0.35) (0.86) (2.41) (0.57)
Diluted from discontinued operations (in dollars per share) (0.04) (0.16) (0.05) (0.15)
Total Diluted (in dollars per share) $ (0.39) $ (1.02) $ (2.46) $ (0.72)
Weighted-average number of common shares outstanding:        
Basic (in shares) 276,707 284,112 276,369 285,186
Diluted (in shares) 276,707 284,112 276,369 285,186