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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues and other income:        
Operating revenues $ 758,076 $ 779,425 $ 2,329,122 $ 2,275,539
Earnings (losses) from unconsolidated affiliates     (5) 1
Investment income (loss) (1,437) (1,342) 8,709 (4,041)
Total revenues and other income 756,639 778,083 2,337,826 2,271,499
Costs and other deductions:        
Direct costs 475,461 497,194 1,493,082 1,466,572
General and administrative expenses 63,577 66,813 196,159 209,207
Research and engineering 12,004 14,458 37,444 42,703
Depreciation and amortization 221,557 208,517 650,267 640,227
Interest expense 51,291 51,415 155,134 173,393
Impairments and other charges 3,629 13,770 106,007 90,434
Other, net 5,005 9,137 30,598 24,163
Total costs and other deductions 832,524 861,304 2,668,691 2,646,699
Income (loss) from continuing operations before income taxes (75,885) (83,221) (330,865) (375,200)
Income tax expense (benefit):        
Current 18,117 5,016 50,483 17,251
Deferred 5,786 5,473 14,617 40,061
Total income tax expense (benefit) 23,903 10,489 65,100 57,312
Income (loss) from continuing operations, net of tax (99,788) (93,710) (395,965) (432,512)
Income (loss) from discontinued operations, net of tax 157 (13,933) (34) (14,592)
Net income (loss) (99,631) (107,643) (395,999) (447,104)
Less: Net (income) loss attributable to noncontrolling interest (19,297) (6,934) (44,202) (10,426)
Net income (loss) attributable to Nabors (118,928) (114,577) (440,201) (457,530)
Less: Preferred stock dividend (4,310) (4,313) (12,935) (7,993)
Net income (loss) attributable to Nabors common shareholders (123,238) (118,890) (453,136) (465,523)
Amounts attributable to Nabors common shareholders:        
Net income (loss) from continuing operations (123,395) (104,957) (453,102) (450,931)
Net income (loss) from discontinued operations 157 (13,933) (34) (14,592)
Net income (loss) attributable to Nabors common shareholders $ (123,238) $ (118,890) $ (453,136) $ (465,523)
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (0.37) $ (0.31) $ (1.33) $ (1.39)
Basic from discontinued operations (in dollars per share)   (0.04)   (0.05)
Total Basic (in dollars per share) (0.37) (0.35) (1.33) (1.44)
Diluted from continuing operations (in dollars per share) (0.37) (0.31) (1.33) (1.39)
Diluted from discontinued operations (in dollars per share)   (0.04)   (0.05)
Total Diluted (in dollars per share) $ (0.37) $ (0.35) $ (1.33) $ (1.44)
Weighted-average number of common shares outstanding:        
Basic (in shares) 352,026 350,194 351,444 329,118
Diluted (in shares) 352,026 350,194 351,444 329,118