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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues and other income:        
Operating revenues $ 662,103 $ 519,729 $ 1,856,008 $ 1,688,891
Earnings (losses) from unconsolidated affiliates 4 2 6 (221,918)
Investment income (loss) 373 310 208 923
Total revenues and other income 662,480 520,041 1,856,222 1,467,896
Costs and other deductions:        
Direct costs 441,263 306,436 1,246,428 1,012,738
General and administrative expenses 65,010 56,078 192,114 175,036
Research and engineering 12,960 8,476 36,060 24,818
Depreciation and amortization 217,075 220,713 628,837 655,444
Interest expense 54,607 46,836 165,813 137,803
Other, net 5,559 10,392 29,173 267,403
Total costs and other deductions 796,474 648,931 2,298,425 2,273,242
Income (loss) from continuing operations before income taxes (133,994) (128,890) (442,203) (805,346)
Income tax expense (benefit):        
Current 8,644 8,600 45,646 39,323
Deferred (23,353) (39,651) (105,460) (163,621)
Total income tax expense (benefit) (14,709) (31,051) (59,814) (124,298)
Income (loss) from continuing operations, net of tax (119,285) (97,839) (382,389) (681,048)
Income (loss) from discontinued operations, net of tax (27,134) (12,187) (43,077) (14,097)
Net income (loss) (146,419) (110,026) (425,466) (695,145)
Less: Net (income) loss attributable to noncontrolling interest (2,113) (1,185) (5,001) 990
Net income (loss) attributable to Nabors (148,532) (111,211) (430,467) (694,155)
Amounts attributable to Nabors:        
Net income (loss) from continuing operations (121,398) (99,024) (387,390) (680,058)
Net income (loss) from discontinued operations (27,134) (12,187) (43,077) (14,097)
Net income (loss) attributable to Nabors $ (148,532) $ (111,211) $ (430,467) $ (694,155)
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (0.42) $ (0.35) $ (1.35) $ (2.41)
Basic from discontinued operations (in dollars per share) (0.10) (0.04) (0.16) (0.05)
Total Basic (in dollars per share) (0.52) (0.39) (1.51) (2.46)
Diluted from continuing operations (in dollars per share) (0.42) (0.35) (1.35) (2.41)
Diluted from discontinued operations (in dollars per share) (0.10) (0.04) (0.16) (0.05)
Total Diluted (in dollars per share) $ (0.52) $ (0.39) $ (1.51) $ (2.46)
Weighted-average number of common shares outstanding:        
Basic (in shares) 279,313 276,707 278,670 276,369
Diluted (in shares) 279,313 276,707 278,670 276,369
Dividends declared per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.18 $ 0.18