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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues and other income:        
Operating revenues $ 779,425 $ 662,103 $ 2,275,539 $ 1,856,008
Earnings (losses) from unconsolidated affiliates   4 1 6
Investment income (loss) (1,342) 373 (4,041) 208
Total revenues and other income 778,083 662,480 2,271,499 1,856,222
Costs and other deductions:        
Direct costs 497,194 441,263 1,466,572 1,246,428
General and administrative expenses 66,813 65,010 209,207 192,114
Research and engineering 14,458 12,960 42,703 36,060
Depreciation and amortization 208,517 217,075 640,227 628,837
Interest expense 51,415 54,607 173,393 165,813
Other, net 22,907 5,559 114,597 29,173
Total costs and other deductions 861,304 796,474 2,646,699 2,298,425
Income (loss) from continuing operations before income taxes (83,221) (133,994) (375,200) (442,203)
Income tax expense (benefit):        
Current 5,016 8,644 17,251 45,646
Deferred 5,473 (23,353) 40,061 (105,460)
Total income tax expense (benefit) 10,489 (14,709) 57,312 (59,814)
Income (loss) from continuing operations, net of tax (93,710) (119,285) (432,512) (382,389)
Income (loss) from discontinued operations, net of tax (13,933) (27,134) (14,592) (43,077)
Net income (loss) (107,643) (146,419) (447,104) (425,466)
Less: Net (income) loss attributable to noncontrolling interest (6,934) (2,113) (10,426) (5,001)
Net income (loss) attributable to Nabors (114,577) (148,532) (457,530) (430,467)
Less: Preferred stock dividend (4,313)   (7,993)  
Net income (loss) attributable to Nabors common shareholders (118,890) (148,532) (465,523) (430,467)
Amounts attributable to Nabors common shareholders:        
Net income (loss) from continuing operations (104,957) (121,398) (450,931) (387,390)
Net income (loss) from discontinued operations (13,933) (27,134) (14,592) (43,077)
Net income (loss) attributable to Nabors common shareholders $ (118,890) $ (148,532) $ (465,523) $ (430,467)
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (0.31) $ (0.42) $ (1.39) $ (1.35)
Basic from discontinued operations (in dollars per share) (0.04) (0.10) (0.05) (0.16)
Total Basic (in dollars per share) (0.35) (0.52) (1.44) (1.51)
Diluted from continuing operations (in dollars per share) (0.31) (0.42) (1.39) (1.35)
Diluted from discontinued operations (in dollars per share) (0.04) (0.10) (0.05) (0.16)
Total Diluted (in dollars per share) $ (0.35) $ (0.52) $ (1.44) $ (1.51)
Weighted-average number of common shares outstanding:        
Basic (in shares) 350,194 279,313 329,118 278,670
Diluted (in shares) 350,194 279,313 329,118 278,670