XML 117 R103.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidating Financial Information - Comprehensive Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Condensed Consolidating Statements of Comprehensive Income (Loss)                      
Net income (loss) attributable to Nabors $ (116,344) $ (148,532) $ (132,951) $ (148,984) $ (335,587) $ (111,211) $ (184,650) $ (398,294) $ (546,811) $ (1,029,742) $ (372,675)
Translation adjustment attributable to Nabors                      
Unrealized gain (loss) on translation adjustment                     (116,239)
Less: reclassification adjustment for realized loss on translation adjustment                     5,365
Translation adjustment attributable to Nabors                 28,372 17,743 (110,874)
Unrealized gains (losses) on marketable securities:                      
Unrealized gains (losses) on marketable securities                 (6,061) 11,054 (15,310)
Less: reclassification adjustment for (gains) losses included in net income (loss)                 970 3,495  
Unrealized gains (losses) on marketable securities                 (5,091) 14,549 (15,310)
Pension buyout                   3,059  
Pension liability amortization and adjustment                 (275) 1,061 1,104
Unrealized gains (losses) and amortization on cash flow hedges                 613 613 613
Other comprehensive income (loss), before tax                 23,619 37,025 (124,467)
Income tax expense (benefit) related to items of other comprehensive income (loss)                 315 1,551 648
Other comprehensive income (loss), net of tax                 23,304 35,474 (125,115)
Comprehensive income (loss) attributable to Nabors                 (523,507) (994,268) (497,790)
Net income (loss) attributable to noncontrolling interest $ 1,177 $ 2,113 $ 1,971 $ 917 $ 1,125 $ 1,185 $ (2,899) $ 724 6,178 135 381
Translation adjustment attributable to noncontrolling interest                 282 251 (1,461)
Comprehensive income (loss) attributable to noncontrolling interest                 6,460 386 (1,080)
Comprehensive income (loss)                 (517,047) (993,882) (498,870)
Consolidating Adjustments                      
Condensed Consolidating Statements of Comprehensive Income (Loss)                      
Net income (loss) attributable to Nabors                 841,116 1,597,126 547,988
Translation adjustment attributable to Nabors                      
Unrealized gain (loss) on translation adjustment                     116,105
Less: reclassification adjustment for realized loss on translation adjustment                     (5,365)
Translation adjustment attributable to Nabors                 (28,372) (17,722) 110,740
Unrealized gains (losses) on marketable securities:                      
Unrealized gains (losses) on marketable securities                 6,061 (11,054) 15,310
Less: reclassification adjustment for (gains) losses included in net income (loss)                 (970) (3,495)  
Unrealized gains (losses) on marketable securities                 5,091 (14,549) 15,310
Pension buyout                   (9,177)  
Pension liability amortization and adjustment                 825 (3,183) (3,312)
Unrealized gains (losses) and amortization on cash flow hedges                 (1,226) (1,226) (1,226)
Other comprehensive income (loss), before tax                 (23,682) (45,857) 121,512
Income tax expense (benefit) related to items of other comprehensive income (loss)                 (945) (4,653) (1,704)
Other comprehensive income (loss), net of tax                 (22,737) (41,204) 123,216
Comprehensive income (loss) attributable to Nabors                 818,379 1,555,922 671,204
Comprehensive income (loss)                 818,379 1,555,922 671,204
Parent Company | Reportable Legal Entities                      
Condensed Consolidating Statements of Comprehensive Income (Loss)                      
Net income (loss) attributable to Nabors                 (546,811) (1,029,742) (372,675)
Translation adjustment attributable to Nabors                      
Unrealized gain (loss) on translation adjustment                     (116,239)
Less: reclassification adjustment for realized loss on translation adjustment                     5,365
Translation adjustment attributable to Nabors                 28,372 17,743 (110,874)
Unrealized gains (losses) on marketable securities:                      
Unrealized gains (losses) on marketable securities                 (6,061) 11,054 (15,310)
Less: reclassification adjustment for (gains) losses included in net income (loss)                 970 3,495  
Unrealized gains (losses) on marketable securities                 (5,091) 14,549 (15,310)
Pension buyout                   3,059  
Pension liability amortization and adjustment                 (275) 1,061 1,104
Unrealized gains (losses) and amortization on cash flow hedges                 613 613 613
Other comprehensive income (loss), before tax                 23,619 37,025 (124,467)
Income tax expense (benefit) related to items of other comprehensive income (loss)                 315 1,551 648
Other comprehensive income (loss), net of tax                 23,304 35,474 (125,115)
Comprehensive income (loss) attributable to Nabors                 (523,507) (994,268) (497,790)
Comprehensive income (loss)                 (523,507) (994,268) (497,790)
Guarantor Subsidiaries | Reportable Legal Entities                      
Condensed Consolidating Statements of Comprehensive Income (Loss)                      
Net income (loss) attributable to Nabors                 (343,233) (359,751) (164,697)
Translation adjustment attributable to Nabors                      
Unrealized gain (loss) on translation adjustment                     67
Translation adjustment attributable to Nabors                   (21) 67
Unrealized gains (losses) on marketable securities:                      
Pension buyout                   3,059  
Pension liability amortization and adjustment                 (275) 1,061 1,104
Unrealized gains (losses) and amortization on cash flow hedges                 613 613 613
Other comprehensive income (loss), before tax                 338 4,712 1,784
Income tax expense (benefit) related to items of other comprehensive income (loss)                 315 1,551 648
Other comprehensive income (loss), net of tax                 23 3,161 1,136
Comprehensive income (loss) attributable to Nabors                 (343,210) (356,590) (163,561)
Comprehensive income (loss)                 (343,210) (356,590) (163,561)
Other Subsidiaries (Non-Guarantors) | Reportable Legal Entities                      
Condensed Consolidating Statements of Comprehensive Income (Loss)                      
Net income (loss) attributable to Nabors                 (497,883) (1,237,375) (383,291)
Translation adjustment attributable to Nabors                      
Unrealized gain (loss) on translation adjustment                     (116,172)
Less: reclassification adjustment for realized loss on translation adjustment                     5,365
Translation adjustment attributable to Nabors                 28,372 17,743 (110,807)
Unrealized gains (losses) on marketable securities:                      
Unrealized gains (losses) on marketable securities                 (6,061) 11,054 (15,310)
Less: reclassification adjustment for (gains) losses included in net income (loss)                 970 3,495  
Unrealized gains (losses) on marketable securities                 (5,091) 14,549 (15,310)
Pension buyout                   6,118  
Pension liability amortization and adjustment                 (550) 2,122 2,208
Unrealized gains (losses) and amortization on cash flow hedges                 613 613 613
Other comprehensive income (loss), before tax                 23,344 41,145 (123,296)
Income tax expense (benefit) related to items of other comprehensive income (loss)                 630 3,102 1,056
Other comprehensive income (loss), net of tax                 22,714 38,043 (124,352)
Comprehensive income (loss) attributable to Nabors                 (475,169) (1,199,332) (507,643)
Net income (loss) attributable to noncontrolling interest                 6,178 135 381
Translation adjustment attributable to noncontrolling interest                 282 251 (1,461)
Comprehensive income (loss) attributable to noncontrolling interest                 6,460 386 (1,080)
Comprehensive income (loss)                 $ (468,709) $ (1,198,946) $ (508,723)