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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues and other income:      
Operating revenues $ 3,043,383 $ 3,057,619 $ 2,564,285
Earnings (losses) from unconsolidated affiliates (5) 1 7
Investment income (loss) 10,218 (9,499) 1,194
Total revenues and other income 3,053,596 3,048,121 2,565,486
Costs and other deductions:      
Direct costs 1,929,331 1,976,974 1,718,069
General and administrative expenses 258,731 265,822 251,184
Research and engineering 50,359 56,147 51,069
Depreciation and amortization 876,091 866,870 842,943
Interest expense 204,311 227,124 222,889
Impairments and other charges 290,471 144,446 44,536
Other, net 33,224 29,532 14,880
Total costs and other deductions 3,642,518 3,566,915 3,145,570
Income (loss) from continuing operations before income taxes (588,922) (518,794) (580,084)
Income tax expense (benefit):      
Current 55,625 2,388 (102,080)
Deferred 35,951 76,881 19,110
Total income tax expense (benefit) 91,576 79,269 (82,970)
Income (loss) from continuing operations, net of tax (680,498) (598,063) (497,114)
Income (loss) from discontinued operations, net of tax (12) (14,663) (43,519)
Net income (loss) (680,510) (612,726) (540,633)
Less: Net (income) loss attributable to noncontrolling interest (22,375) (28,222) (6,178)
Net income (loss) attributable to Nabors (702,885) (640,948) (546,811)
Less: Preferred stock dividend (17,244) (12,305)  
Net income (loss) attributable to Nabors common shareholders (720,129) (653,253) (546,811)
Amounts attributable to Nabors common shareholders:      
Net income (loss) from continuing operations (720,117) (638,590) (503,292)
Net income (loss) from discontinued operations (12) (14,663) (43,519)
Net income (loss) attributable to Nabors common shareholders $ (720,129) $ (653,253) $ (546,811)
Earnings (losses) per share:      
Basic from continuing operations (in dollars per share) $ (2.11) $ (1.95) $ (1.75)
Basic from discontinued operations (in dollars per share)   (0.04) (0.15)
Total Basic (in dollars per share) (2.11) (1.99) (1.90)
Diluted from continuing operations (in dollars per share) (2.11) (1.95) (1.75)
Diluted from discontinued operations (in dollars per share)   (0.04) (0.15)
Total Diluted (in dollars per share) $ (2.11) $ (1.99) $ (1.90)
Weighted-average number of common shares outstanding:      
Basic (in shares) 351,617 334,397 280,653
Diluted (in shares) 351,617 334,397 280,653