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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues and other income:    
Operating revenues $ 718,364 $ 799,640
Earnings (losses) from unconsolidated affiliates   (5)
Investment income (loss) (3,198) 9,677
Total revenues and other income 715,166 809,312
Costs and other deductions:    
Direct costs 461,840 520,957
General and administrative expenses 57,384 68,167
Research and engineering 11,409 13,520
Depreciation and amortization 227,063 210,391
Interest expense 54,722 52,352
Impairments and other charges 276,434  
Other, net (17,110) 17,502
Total costs and other deductions 1,071,742 882,889
Income (loss) from continuing operations before income taxes (356,576) (73,577)
Income tax expense (benefit):    
Current (7,203) 15,862
Deferred 24,896 13,937
Total income tax expense (benefit) 17,693 29,799
Income (loss) from continuing operations, net of tax (374,269) (103,376)
Income (loss) from discontinued operations, net of tax (93) (157)
Net income (loss) (374,362) (103,533)
Less: Net (income) loss attributable to noncontrolling interest (17,465) (14,176)
Net income (loss) attributable to Nabors (391,827) (117,709)
Less: Preferred stock dividend (3,652) (4,313)
Net income (loss) attributable to Nabors common shareholders (395,479) (122,022)
Amounts attributable to Nabors common shareholders:    
Net income (loss) from continuing operations (395,386) (121,865)
Net income (loss) from discontinued operations (93) (157)
Net income (loss) attributable to Nabors common shareholders $ (395,479) $ (122,022)
Earnings (losses) per share:    
Basic from continuing operations (in dollars per share) $ (56.72) $ (18.11)
Basic from discontinued operations (in dollars per share) (0.01) (0.02)
Total Basic (in dollars per share) (56.73) (18.13)
Diluted from continuing operations (in dollars per share) (56.72) (18.11)
Diluted from discontinued operations (in dollars per share) (0.01) (0.02)
Total Diluted (in dollars per share) $ (56.73) $ (18.13)
Weighted-average number of common shares outstanding:    
Basic (in shares) 7,051 7,015
Diluted (in shares) 7,051 7,015