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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues and other income:        
Operating revenues $ 694,136 $ 524,165 $ 1,893,618 $ 1,474,009
Investment income (loss) 4,813 200 5,798 1,401
Total revenues and other income 698,949 524,365 1,899,416 1,475,410
Costs and other deductions:        
Direct costs 432,311 336,538 1,208,820 939,658
General and administrative expenses 57,594 52,897 169,400 159,137
Research and engineering 13,409 9,498 36,028 24,930
Depreciation and amortization 169,857 173,375 496,231 525,426
Interest expense 43,841 42,217 133,650 126,906
Other, net (25,954) 22,758 68,975 96,559
Total costs and other deductions 691,058 637,283 2,113,104 1,872,616
Income (loss) from continuing operations before income taxes 7,891 (112,918) (213,688) (397,206)
Income tax expense (benefit):        
Current 11,414 8,440 30,662 46,538
Deferred 938 (5,656) 4,714 (9,310)
Total income tax expense (benefit) 12,352 2,784 35,376 37,228
Income (loss) from continuing operations, net of tax (4,461) (115,702) (249,064) (434,434)
Income (loss) from discontinued operations, net of tax   (20)   7
Net income (loss) (4,461) (115,722) (249,064) (434,427)
Less: Net (income) loss attributable to noncontrolling interest (9,322) (6,778) (32,132) (21,168)
Net income (loss) attributable to Nabors (13,783) (122,500) (281,196) (455,595)
Less: Preferred stock dividend       (3,653)
Net income (loss) attributable to Nabors common shareholders (13,783) (122,500) (281,196) (459,248)
Amounts attributable to Nabors common shareholders:        
Net income (loss) from continuing operations (13,783) (122,480) (281,196) (459,255)
Net income (loss) from discontinued operations   (20)   7
Net income (loss) attributable to Nabors common shareholders $ (13,783) $ (122,500) $ (281,196) $ (459,248)
Earnings (losses) per share:        
Basic from continuing operations (in dollars per share) $ (1.80) $ (15.79) $ (32.72) $ (62.26)
Total Basic (in dollars per share) (1.80) (15.79) (32.72) (62.26)
Diluted from continuing operations (in dollars per share) (1.80) (15.79) (32.72) (62.26)
Total Diluted (in dollars per share) $ (1.80) $ (15.79) $ (32.72) $ (62.26)
Weighted-average number of common shares outstanding:        
Basic (in shares) 9,099 7,907 8,830 7,490
Diluted (in shares) 9,099 7,907 8,830 7,490