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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues and other income:    
Operating revenues $ 779,139 $ 568,539
Investment income (loss) 9,866 163
Total revenues and other income 789,005 568,702
Costs and other deductions:    
Direct costs 462,329 372,712
General and administrative expenses 61,730 53,639
Research and engineering 15,074 11,678
Depreciation and amortization 163,031 164,359
Interest expense 45,141 46,910
Other, net (42,375) 80,401
Total costs and other deductions 704,930 729,699
Income (loss) before income taxes 84,075 (160,997)
Income tax expense (benefit):    
Current 18,302 9,950
Deferred 4,713 3,721
Total income tax expense (benefit) 23,015 13,671
Net income (loss) 61,060 (174,668)
Less: Net (income) loss attributable to noncontrolling interest (11,836) (9,828)
Net income (loss) attributable to Nabors $ 49,224 $ (184,496)
Earnings (losses) per share:    
Basic (in dollars per share) $ 4.39 $ (22.51)
Diluted (in dollars per share) $ 4.11 $ (22.51)
Weighted-average number of common shares outstanding:    
Basic (in shares) 9,160 8,311
Diluted (in shares) 9,867 8,311