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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues and other income:        
Operating revenues $ 771,406 $ 761,920 $ 1,571,046 $ 1,496,114
Earnings (losses) from unconsolidated affiliates   (1) (5) 1
Investment income (loss) 469 (3,164) 10,146 (2,699)
Total revenues and other income 771,875 758,755 1,581,187 1,493,416
Costs and other deductions:        
Direct costs 496,664 493,975 1,017,621 969,378
General and administrative expenses 64,415 67,823 132,582 142,394
Research and engineering 11,920 12,439 25,440 28,245
Depreciation and amortization 218,319 218,262 428,710 431,710
Interest expense 51,491 60,592 103,843 121,978
Impairments and other charges 102,570 69,620 99,903 76,664
Other, net 7,899 7,981 28,068 15,026
Total costs and other deductions 953,278 930,692 1,836,167 1,785,395
Income (loss) from continuing operations before income taxes (181,403) (171,937) (254,980) (291,979)
Income tax expense (benefit):        
Current 16,504 3,464 32,366 12,235
Deferred (5,106) 19,814 8,831 34,588
Total income tax expense (benefit) 11,398 23,278 41,197 46,823
Income (loss) from continuing operations, net of tax (192,801) (195,215) (296,177) (338,802)
Income (loss) from discontinued operations, net of tax (34) (584) (191) (659)
Net income (loss) (192,835) (195,799) (296,368) (339,461)
Less: Net (income) loss attributable to noncontrolling interest (10,729) (2,953) (24,905) (3,492)
Net income (loss) attributable to Nabors (203,564) (198,752) (321,273) (342,953)
Less: Preferred stock dividend (4,312) (3,680) (8,625) (3,680)
Net income (loss) attributable to Nabors common shareholders (207,876) (202,432) (329,898) (346,633)
Amounts attributable to Nabors common shareholders:        
Net income (loss) from continuing operations (207,842) (201,848) (329,707) (345,974)
Net income (loss) from discontinued operations (34) (584) (191) (659)
Net income (loss) attributable to Nabors common shareholders $ (207,876) $ (202,432) $ (329,898) $ (346,633)
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (0.61) $ (0.61) $ (0.97) $ (1.08)
Total Basic (in dollars per share) (0.61) (0.61) (0.97) (1.08)
Diluted from continuing operations (in dollars per share) (0.61) (0.61) (0.97) (1.08)
Total Diluted (in dollars per share) $ (0.61) $ (0.61) $ (0.97) $ (1.08)
Weighted-average number of common shares outstanding:        
Basic (in shares) 351,543 328,372 351,154 318,580
Diluted (in shares) 351,543 328,372 351,154 318,580