Note 13 Condensed Consolidating Financial Information

Nabors has fully and unconditionally guaranteed all of the issued public debt securities of Nabors Delaware, a 100% wholly owned subsidiary. The following condensed consolidating financial information is included so that separate financial statements of Nabors Delaware are not required to be filed with the SEC. The condensed consolidating financial statements present investments in both consolidated and unconsolidated affiliates using the equity method of accounting.

The following condensed consolidating financial information presents condensed consolidating balance sheets as of June 30, 2018 and December 31, 2017, statements of income (loss) and statements of other comprehensive income (loss) for the three and six months ended June 30, 2018 and 2017, and statements of cash flows for the six months ended June 30, 2018 and 2017 of (a) Nabors, parent/guarantor, (b) Nabors Delaware, issuer of public debt securities guaranteed by Nabors, (c) the non-guarantor subsidiaries, (d) consolidating adjustments necessary to consolidate Nabors and its subsidiaries and (e) Nabors on a consolidated basis.

Condensed Consolidating Balance Sheets


	June 30, 2018
					Other
	Nabors		Nabors		Subsidiaries
	(Parent/		Delaware		(Non-		Consolidating
	Guarantor)		(Issuer)		Guarantors)		Adjustments		Total
	(In thousands)
	ASSETS
Current assets:
Cash and cash equivalents	$	3,182	$	43	$	590,059	$	—	$	593,284
Short-term investments		—		—		43,208		54		43,262
Accounts receivable, net		—		—		780,247		—		780,247
Inventory, net		—		—		173,063		—		173,063
Assets held for sale		—		—		35,963		—		35,963
Other current assets		50		—		156,602		—		156,652
Total current assets		3,232		43		1,779,142		54		1,782,471
Property, plant and equipment, net		—		—		5,709,895		—		5,709,895
Goodwill		—		—		172,817		—		172,817
Intercompany receivables		107,379		583,008		—		(690,387)		—
Investment in consolidated affiliates		2,981,471		5,337,900		4,015,212		(12,334,583)		—
Deferred income taxes		—		362,463		406,281		(362,463)		406,281
Other long-term assets		—		79		254,770		(26,025)		228,824
Total assets	$	3,092,082	$	6,283,493	$	12,338,117	$	(13,413,404)	$	8,300,288

	LIABILITIES AND EQUITY
Current liabilities:
Current portion of debt	$	—	$	—	$	243	$	—	$	243
Trade accounts payable		1,006		175		377,847		—		379,028
Accrued liabilities		28,042		77,098		387,647		—		492,787
Income taxes payable		—		—		1,724		—		1,724
Total current liabilities		29,048		77,273		767,461		—		873,782
Long-term debt		—		3,844,638		—		(26,025)		3,818,613
Other long-term liabilities		—		16,299		273,714		—		290,013
Deferred income taxes		—		—		383,176		(362,463)		20,713
Intercompany payable		—		—		690,387		(690,387)		—
Total liabilities		29,048		3,938,210		2,114,738		(1,078,875)		5,003,121
Redeemable noncontrolling interest in subsidiary		—		—		208,519		—		208,519
Shareholders’ equity		3,063,034		2,345,283		9,989,246		(12,334,529)		3,063,034
Noncontrolling interest		—		—		25,614		—		25,614
Total equity		3,063,034		2,345,283		10,014,860		(12,334,529)		3,088,648
Total liabilities and equity	$	3,092,082	$	6,283,493	$	12,338,117	$	(13,413,404)	$	8,300,288

Condensed Consolidating Balance Sheets


	December 31, 2017
					Other
	Nabors		Nabors		Subsidiaries
	(Parent/		Delaware		(Non-		Consolidating
	Guarantor)		(Issuer)		Guarantors)		Adjustments		Total
	(In thousands)
	ASSETS
Current assets:
Cash and cash equivalents	$	1,091	$	44	$	335,862	$	—	$	336,997
Short-term investments		—		—		28,369		—		28,369
Accounts receivable, net		—		—		698,477		—		698,477
Inventory, net		—		—		166,307		—		166,307
Assets held for sale		—		—		37,052		—		37,052
Other current assets		50		56		180,028		—		180,134
Total current assets		1,141		100		1,446,095		—		1,447,336
Property, plant and equipment, net		—		—		6,109,565		—		6,109,565
Goodwill		—		—		173,226		—		173,226
Intercompany receivables		133,602		481,092		—		(614,694)		—
Investment in consolidated affiliates		2,799,320		5,531,799		3,799,933		(12,131,052)		—
Deferred income taxes		—		333,349		419,003		(333,349)		419,003
Other long-term assets		—		78		324,919		(72,143)		252,854
Total assets	$	2,934,063	$	6,346,418	$	12,272,741	$	(13,151,238)	$	8,401,984

	LIABILITIES AND EQUITY
Current liabilities:
Current portion of debt	$	—	$	—	$	181	$	—	$	181
Trade accounts payable		147		124		363,145		—		363,416
Accrued liabilities		21,100		67,760		444,184		—		533,044
Income taxes payable		—		—		22,835		—		22,835
Total current liabilities		21,247		67,884		830,345		—		919,476
Long-term debt		—		4,099,909		—		(72,143)		4,027,766
Other long-term liabilities		—		16,284		285,349		—		301,633
Deferred income taxes		—		—		343,687		(333,349)		10,338
Intercompany payable		1,000		—		613,694		(614,694)		—
Total liabilities		22,247		4,184,077		2,073,075		(1,020,186)		5,259,213
Redeemable noncontrolling interest in subsidiary		—		—		203,998		—		203,998
Shareholders’ equity		2,911,816		2,162,341		9,968,711		(12,131,052)		2,911,816
Noncontrolling interest		—		—		26,957		—		26,957
Total equity		2,911,816		2,162,341		9,995,668		(12,131,052)		2,938,773
Total liabilities and equity	$	2,934,063	$	6,346,418	$	12,272,741	$	(13,151,238)	$	8,401,984

Condensed Consolidating Statements of Income (Loss)


	Three Months Ended June 30, 2018
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	761,920	$	—	$	761,920
Earnings (losses) from unconsolidated affiliates		—		—		(1)		—		(1)
Earnings (losses) from consolidated affiliates		(194,594)		59,040		12,080		123,474		—
Investment income (loss)		—		—		4		(3,168)		(3,164)
Total revenues and other income		(194,594)		59,040		774,003		120,306		758,755
Costs and other deductions:
Direct costs		—		—		493,975		—		493,975
General and administrative expenses		2,854		157		65,151		(339)		67,823
Research and engineering		—		—		12,439		—		12,439
Depreciation and amortization		—		32		218,230		—		218,262
Interest expense, net		—		60,798		(206)		—		60,592
Other, net		1,204		—		76,058		339		77,601
Intercompany interest expense, net		100		—		(100)		—		—
Total costs and other deductions		4,158		60,987		865,547		—		930,692
Income (loss) from continuing operations before income taxes		(198,752)		(1,947)		(91,544)		120,306		(171,937)
Income tax expense (benefit)		—		(14,027)		37,305		—		23,278
Income (loss) from continuing operations, net of tax		(198,752)		12,080		(128,849)		120,306		(195,215)
Income (loss) from discontinued operations, net of tax		—		—		(584)		—		(584)
Net income (loss)		(198,752)		12,080		(129,433)		120,306		(195,799)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(2,953)		—		(2,953)
Net income (loss) attributable to Nabors		(198,752)		12,080		(132,386)		120,306		(198,752)
Less: Preferred stock dividend		(3,680)		—		—		—		(3,680)
Net income (loss) attributable to Nabors common shareholders	$	(202,432)	$	12,080	$	(132,386)	$	120,306	$	(202,432)

Condensed Consolidating Statements of Income (Loss)


	Three Months Ended June 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)

Revenues and other income:
Operating revenues	$	—	$	—	$	631,355	$	—	$	631,355
Earnings (losses) from consolidated affiliates		(129,592)		(20,265)		(60,777)		210,634		—
Investment income (loss)		(2)		1		2,095		(2,980)		(886)
Total revenues and other income		(129,594)		(20,264)		572,673		207,654		630,469
Costs and other deductions:
Direct costs		—		—		417,521		—		417,521
General and administrative expenses		3,359		193		60,468		(325)		63,695
Research and engineering		—		—		11,343		—		11,343
Depreciation and amortization		—		31		208,059		—		208,090
Interest expense, net		—		56,505		(1,817)		—		54,688
Other, net		(2)		7,576		2,205		325		10,104
Total costs and other deductions		3,357		64,305		697,779		—		765,441
Income (loss) from continuing operations before income taxes		(132,951)		(84,569)		(125,106)		207,654		(134,972)
Income tax expense (benefit)		—		(23,792)		4,296		—		(19,496)
Income (loss) from continuing operations, net of tax		(132,951)		(60,777)		(129,402)		207,654		(115,476)
Income (loss) from discontinued operations, net of tax		—		—		(15,504)		—		(15,504)
Net income (loss)		(132,951)		(60,777)		(144,906)		207,654		(130,980)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(1,971)		—		(1,971)
Net income (loss) attributable to Nabors	$	(132,951)	$	(60,777)	$	(146,877)	$	207,654	$	(132,951)

Condensed Consolidating Statements of Income (Loss)


	Six Months Ended June 30, 2018
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	1,496,114	$	—	$	1,496,114
Earnings (losses) from unconsolidated affiliates		—		—		1		—		1
Earnings (losses) from consolidated affiliates		(336,419)		83,025		(14,445)		267,839		—
Investment income (loss)		2		—		3,448		(6,149)		(2,699)
Total revenues and other income		(336,417)		83,025		1,485,118		261,690		1,493,416
Costs and other deductions:
Direct costs		—		—		969,378		—		969,378
General and administrative expenses		5,237		399		137,266		(508)		142,394
Research and engineering		—		—		28,245		—		28,245
Depreciation and amortization		—		62		431,648		—		431,710
Interest expense, net		—		126,123		(4,145)		—		121,978
Other, net		1,199		—		89,983		508		91,690
Intercompany interest expense, net		100		—		(100)		—		—
Total costs and other deductions		6,536		126,584		1,652,275		—		1,785,395
Income (loss) from continuing operations before income taxes		(342,953)		(43,559)		(167,157)		261,690		(291,979)
Income tax expense (benefit)		—		(29,114)		75,937		—		46,823
Income (loss) from continuing operations, net of tax		(342,953)		(14,445)		(243,094)		261,690		(338,802)
Income (loss) from discontinued operations, net of tax		—		—		(659)		—		(659)
Net income (loss)		(342,953)		(14,445)		(243,753)		261,690		(339,461)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(3,492)		—		(3,492)
Net income (loss) attributable to Nabors		(342,953)		(14,445)		(247,245)		261,690		(342,953)
Less: Preferred stock dividend		(3,680)		—		—		—		(3,680)
Net income (loss) attributable to Nabors common shareholders	$	(346,633)	$	(14,445)	$	(247,245)	$	261,690	$	(346,633)

Condensed Consolidating Statements of Income (Loss)


	Six Months Ended June 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Revenues and other income:
Operating revenues	$	—	$	—	$	1,193,905	$	—	$	1,193,905
Earnings (losses) from unconsolidated affiliates		—		—		2		—		2
Earnings (losses) from consolidated affiliates		(275,463)		(70,982)		(157,016)		503,461		—
Investment income (loss)		15		64		5,716		(5,960)		(165)
Total revenues and other income		(275,448)		(70,918)		1,042,607		497,501		1,193,742
Costs and other deductions:
Direct costs		—		—		805,165		—		805,165
General and administrative expenses		6,657		330		120,621		(504)		127,104
Research and engineering		—		—		23,100		—		23,100
Depreciation and amortization		—		62		411,700		—		411,762
Interest expense, net		—		117,260		(6,054)		—		111,206
Other, net		(161)		18,973		4,298		504		23,614
Intercompany interest expense, net		(9)		—		9		—		—
Total costs and other deductions		6,487		136,625		1,358,839		—		1,501,951
Income (loss) from continuing operations before income taxes		(281,935)		(207,543)		(316,232)		497,501		(308,209)
Income tax expense (benefit)		—		(50,527)		5,422		—		(45,105)
Income (loss) from continuing operations, net of tax		(281,935)		(157,016)		(321,654)		497,501		(263,104)
Income (loss) from discontinued operations, net of tax		—		—		(15,943)		—		(15,943)
Net income (loss)		(281,935)		(157,016)		(337,597)		497,501		(279,047)
Less: Net (income) loss attributable to noncontrolling interest		—		—		(2,888)		—		(2,888)
Net income (loss) attributable to Nabors	$	(281,935)	$	(157,016)	$	(340,485)	$	497,501	$	(281,935)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Three Months Ended June 30, 2018
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(198,752)	$	12,080	$	(132,386)	$	120,306	$	(198,752)
Other comprehensive income (loss) before tax:
Translation adjustment attributable to Nabors		(5,570)		—		(5,570)		5,570		(5,570)
Pension liability amortization and adjustment		54		54		108		(162)		54
Unrealized gains (losses) and amortization on cash flow hedges		142		142		142		(284)		142
Other comprehensive income (loss) before tax		(5,374)		196		(5,320)		5,124		(5,374)
Income tax expense (benefit) related to items of other comprehensive income (loss)		48		48		96		(144)		48
Other comprehensive income (loss), net of tax		(5,422)		148		(5,416)		5,268		(5,422)
Comprehensive income (loss) attributable to Nabors		(204,174)		12,228		(137,802)		125,574		(204,174)
Net income (loss) attributable to noncontrolling interest		—		—		2,953		—		2,953
Translation adjustment attributable to noncontrolling interest		—		—		(63)		—		(63)
Comprehensive income (loss) attributable to noncontrolling interest		—		—		2,890		—		2,890
Comprehensive income (loss)	$	(204,174)	$	12,228	$	(134,912)	$	125,574	$	(201,284)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Three Months Ended June 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(132,951)	$	(60,777)	$	(146,877)	$	207,654	$	(132,951)
Other comprehensive income (loss) before tax:
Translation adjustment attributable to Nabors		10,879		—		10,879		(10,879)		10,879
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		3,785		—		3,785		(3,785)		3,785
Less: reclassification adjustment for (gains) losses included in net income (loss)		1,341		—		1,341		(1,341)		1,341
Unrealized gains (losses) on marketable securities		5,126		—		5,126		(5,126)		5,126
Pension liability amortization and adjustment		50		50		100		(150)		50
Unrealized gains (losses) and amortization on cash flow hedges		153		153		153		(306)		153
Other comprehensive income (loss) before tax		16,208		203		16,258		(16,461)		16,208
Income tax expense (benefit) related to items of other comprehensive income (loss)		78		78		156		(234)		78
Other comprehensive income (loss), net of tax		16,130		125		16,102		(16,227)		16,130
Comprehensive income (loss) attributable to Nabors		(116,821)		(60,652)		(130,775)		191,427		(116,821)
Net income (loss) attributable to noncontrolling interest		—		—		1,971		—		1,971
Translation adjustment attributable to noncontrolling interest		—		—		108		—		108
Comprehensive income (loss) attributable to noncontrolling interest		—		—		2,079		—		2,079
Comprehensive income (loss)	$	(116,821)	$	(60,652)	$	(128,696)	$	191,427	$	(114,742)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Six Months Ended June 30, 2018
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(342,953)	$	(14,445)	$	(247,245)	$	261,690	$	(342,953)
Other comprehensive income (loss) before tax
Translation adjustment attributable to Nabors		(14,913)		—		(14,913)		14,913		(14,913)
Pension liability amortization and adjustment		108		108		216		(324)		108
Unrealized gains (losses) and amortization on cash flow hedges		282		282		282		(564)		282
Adoption of ASU No. 2016-01		(9,144)		—		(9,144)		9,144		(9,144)
Other comprehensive income (loss) before tax		(23,667)		390		(23,559)		23,169		(23,667)
Income tax expense (benefit) related to items of other comprehensive income (loss)		91		91		182		(273)		91
Other comprehensive income (loss), net of tax		(23,758)		299		(23,741)		23,442		(23,758)
Comprehensive income (loss) attributable to Nabors		(366,711)		(14,146)		(270,986)		285,132		(366,711)
Net income (loss) attributable to noncontrolling interest		—		—		3,492		—		3,492
Translation adjustment attributable to noncontrolling interest		—		—		(159)		—		(159)
Comprehensive income (loss) attributable to noncontrolling interest		—		—		3,333		—		3,333
Comprehensive income (loss)	$	(366,711)	$	(14,146)	$	(267,653)	$	285,132	$	(363,378)

Condensed Consolidating Statements of Comprehensive Income (Loss)


	Six Months Ended June 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net income (loss) attributable to Nabors	$	(281,935)	$	(157,016)	$	(340,485)	$	497,501	$	(281,935)
Other comprehensive income (loss) before tax
Translation adjustment attributable to Nabors		14,739		—		14,739		(14,739)		14,739
Unrealized gains (losses) on marketable securities:
Unrealized gains (losses) on marketable securities		584		—		584		(584)		584
Less: reclassification adjustment for (gains) losses included in net income (loss)		1,341		—		1,341		(1,341)		1,341
Unrealized gains (losses) on marketable securities		1,925		—		1,925		(1,925)		1,925
Pension liability amortization and adjustment		100		100		200		(300)		100
Unrealized gains (losses) and amortization on cash flow hedges		306		306		306		(612)		306
Other comprehensive income (loss) before tax		17,070		406		17,170		(17,576)		17,070
Income tax expense (benefit) related to items of other comprehensive income (loss)		157		157		314		(471)		157
Other comprehensive income (loss), net of tax		16,913		249		16,856		(17,105)		16,913
Comprehensive income (loss) attributable to Nabors		(265,022)		(156,767)		(323,629)		480,396		(265,022)
Net income (loss) attributable to noncontrolling interest		—		—		2,888		—		2,888
Translation adjustment attributable to noncontrolling interest		—		—		157		—		157
Comprehensive income (loss) attributable to noncontrolling interest		—		—		3,045		—		3,045
Comprehensive income (loss)	$	(265,022)	$	(156,767)	$	(320,584)	$	480,396	$	(261,977)

Condensed Consolidating Statements Cash Flows


	Six Months Ended June 30, 2018
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net cash provided by (used for) operating activities	$	56,041	$	(102,233)	$	151,698	$	(28,149)	$	77,357
Cash flows from investing activities:
Purchases of investments		—		—		(676)		—		(676)
Sales and maturities of investments		—		—		2,602		—		2,602
Cash paid for investments in consolidated affiliates		(587,500)		—		(199,000)		786,500		—
Capital expenditures		—		—		(209,471)		—		(209,471)
Proceeds from sales of assets and insurance claims		—		—		77,272		—		77,272
Change in intercompany balances		—		127,059		(127,059)		—		—
Net cash provided by (used for) investing activities		(587,500)		127,059		(456,332)		786,500		(130,273)
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		(344)		—		(344)
Proceeds from issuance of long-term debt		—		800,000		—		—		800,000
Debt issuance costs		—		(12,990)		—		—		(12,990)
Proceeds from revolving credit facilities		—		625,000		—		—		625,000
Proceeds from parent contributions		—		199,000		587,500		(786,500)		—
Proceeds from issuance of common shares, net of issuance costs		302,014		—		—		—		302,014
Reduction of long-term debt		—		(460,837)		—		—		(460,837)
Dividends to shareholders		(42,349)		—		—		6,149		(36,200)
Proceeds from (payment for) commercial paper, net		—		(40,000)		—		—		(40,000)
Reduction in revolving credit facilities		—		(1,135,000)		—		—		(1,135,000)
Proceeds from (payments for) short-term borrowings		—		—		62		—		62
Proceeds from issuance of preferred stock, net of issuance costs		278,573		—		—		—		278,573
Proceeds from issuance of intercompany debt		20,000		—		(20,000)		—		—
Paydown of intercompany debt		(21,000)		—		21,000		—		—
Distributions to Non-controlling interest		—		—		(4,676)		—		(4,676)
Distribution from subsidiary to parent		—		—		(22,000)		22,000		—
Other changes		(3,688)		—		—		—		(3,688)
Net cash (used for) provided by financing activities		533,550		(24,827)		561,542		(758,351)		311,914
Effect of exchange rate changes on cash and cash equivalents		—		—		(3,637)		—		(3,637)
Net increase (decrease) in cash and cash equivalents		2,091		(1)		253,271		—		255,361
Cash, cash equivalents and restricted cash, beginning of period		1,091		44		340,894		—		342,029
Cash, cash equivalents and restricted cash, end of period	$	3,182	$	43	$	594,165	$	—	$	597,390

Condensed Consolidating Statements Cash Flows


	Six Months Ended June 30, 2017
			Nabors		Other
	Nabors		Delaware		Subsidiaries
	(Parent/		(Issuer/		(Non-		Consolidating
	Guarantor)		Guarantor)		Guarantors)		Adjustments		Total
	(In thousands)
Net cash provided by (used for) operating activities	$	86,986	$	(101,280)	$	90,722	$	(85,958)	$	(9,530)
Cash flows from investing activities:
Purchases of investments		—		—		(4,489)		—		(4,489)
Sales and maturities of investments		—		—		12,429		—		12,429
Cash paid for investments in consolidated affiliates		—		—		(36,000)		36,000		—
Capital expenditures		—		—		(315,769)		—		(315,769)
Proceeds from sale of assets and insurance claims		—		—		18,796		—		18,796
Change in intercompany balances		—		(290,794)		290,794		—		—
Net cash provided by (used for) investing activities		—		(290,794)		(34,239)		36,000		(289,033)
Cash flows from financing activities:
Increase (decrease) in cash overdrafts		—		—		(42)		—		(42)
Debt issuance costs		—		(11,037)		—		—		(11,037)
Proceeds from issuance of common shares		8,300		—		—		—		8,300
Reduction in long-term debt		—		(265,437)		(112,546)		—		(377,983)
Dividends to shareholders		(40,155)		—		—		5,958		(34,197)
Proceeds from (payments for) commercial paper, net		—		171,985		—		—		171,985
Proceeds from (payments for) issuance of intercompany debt		33,000		20,000		(53,000)		—		—
Purchase of capped call hedge transactions		—		(40,250)		—		—		(40,250)
Proceeds from revolving credit facilities		—		100,000		—		—		100,000
Proceeds from issuance of long-term debt		—		411,200		—		—		411,200
Payments on term loan		—		(162,500)		—		—		(162,500)
Paydown of intercompany debt		(79,000)		(20,000)		99,000		—		—
Cash proceeds from equity component of convertible debt		—		159,952		—		—		159,952
Noncontrolling interest contribution		—		—		20,000		—		20,000
Distributions to Non-controlling interest		—		—		(6,982)		—		(6,982)
Proceeds from (payments for) short-term borrowings		—		—		(173)		—		(173)
Proceeds from parent contributions		—		18,000		18,000		(36,000)		—
Distribution from subsidiary to parent		—		—		(80,000)		80,000		—
Other changes		(7,844)		—		—		—		(7,844)
Net cash (used for) provided by financing activities		(85,699)		381,913		(115,743)		49,958		230,429
Effect of exchange rate changes on cash and cash equivalents		—		—		992		—		992
Net increase (decrease) in cash and cash equivalents		1,287		(10,161)		(58,268)		—		(67,142)
Cash, cash equivalents and restricted cash, beginning of period		1,148		10,177		253,665		—		264,990
Cash, cash equivalents and restricted cash, end of period	$	2,435	$	16	$	195,397	$	—	$	197,848