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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues and other income      
Operating revenues $ 2,227,839 $ 3,864,437 $ 6,804,197
Earnings (losses) from unconsolidated affiliates (221,914) (75,081) (6,301)
Investment income (loss) 1,183 2,308 11,831
Total revenues and other income 2,007,108 3,791,664 6,809,727
Costs and other deductions:      
Direct costs 1,344,298 2,371,436 4,505,064
General and administrative expenses 227,639 324,328 500,036
Research and Engineering 33,582 41,253 49,698
Depreciation and amortization 871,631 970,459 1,145,100
Interest expense 185,360 181,928 177,948
Impairment and other charges 505,164 368,967 1,005,110
Other, net 37,509 (39,172) 31,386
Total costs and other deductions 3,205,183 4,219,199 7,414,342
Income (loss) from continuing operations before income taxes (1,198,075) (427,535) (604,615)
Income tax expense (benefit):      
Current 14,780 89,865 302,313
Deferred (201,611) (187,903) (239,647)
Total income tax expense (benefit) (186,831) (98,038) 62,666
Subsidiary preferred stock dividend     1,984
Income (loss) from continuing operations, net of tax (1,011,244) (329,497) (669,265)
Income (loss) from discontinued operations, net of tax (18,363) (42,797) 21
Net income (loss) (1,029,607) (372,294) (669,244)
Less: Net (income) loss attributable to noncontrolling interest (135) (381) (1,415)
Net income (loss) attributable to Nabors (1,029,742) (372,675) (670,659)
Amounts attributable to Nabors:      
Net income (loss) from continuing operations (1,011,379) (329,878) (670,680)
Net income (loss) from discontinued operations (18,363) (42,797) 21
Net income (loss) attributable to Nabors $ (1,029,742) $ (372,675) $ (670,659)
Earnings (losses) per share:      
Basic from continuing operations (in dollars per share) $ (3.58) $ (1.14) $ (2.28)
Basic from discontinued operations (in dollars per share) (0.06) (0.15)  
Total Basic (in dollars per share) (3.64) (1.29) (2.28)
Diluted from continuing operations (in dollars per share) (3.58) (1.14) (2.28)
Diluted from discontinued operations (in dollars per share) (0.06) (0.15)  
Total Diluted (in dollars per share) $ (3.64) $ (1.29) $ (2.28)
Weighted-average number of common shares outstanding:      
Basic (in shares) 276,475 282,982 290,694
Diluted (in shares) 276,475 282,982 290,694