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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues and other income:    
Operating revenues $ 568,539 $ 460,511
Investment income (loss) 163 1,263
Total revenues and other income 568,702 461,774
Costs and other deductions:    
Direct costs 372,712 290,654
General and administrative expenses 53,639 54,660
Research and engineering 11,678 7,467
Depreciation and amortization 164,359 177,276
Interest expense 46,910 42,975
Other, net 80,401 7,346
Total costs and other deductions 729,699 580,378
Income (loss) from continuing operations before income taxes (160,997) (118,604)
Income tax expense (benefit):    
Current 9,950 10,903
Deferred 3,721 (1,178)
Total income tax expense (benefit) 13,671 9,725
Income (loss) from continuing operations, net of tax (174,668) (128,329)
Income (loss) from discontinued operations, net of tax   19
Net income (loss) (174,668) (128,310)
Less: Net (income) loss attributable to noncontrolling interest (9,828) (8,776)
Net income (loss) attributable to Nabors (184,496) (137,086)
Less: Preferred stock dividend   (3,653)
Net income (loss) attributable to Nabors common shareholders (184,496) (140,739)
Amounts attributable to Nabors common shareholders:    
Net income (loss) from continuing operations (184,496) (140,758)
Net income (loss) from discontinued operations   19
Net income (loss) attributable to Nabors common shareholders $ (184,496) $ (140,739)
Earnings (losses) per share:    
Basic from continuing operations (in dollars per share) $ (22.51) $ (20.16)
Total Basic (in dollars per share) (22.51) (20.16)
Diluted from continuing operations (in dollars per share) (22.51) (20.16)
Total Diluted (in dollars per share) $ (22.51) $ (20.16)
Weighted-average number of common shares outstanding:    
Basic (in shares) 8,311 7,102
Diluted (in shares) 8,311 7,102