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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues and other income:    
Operating revenues $ 733,704 $ 779,139
Investment income (loss) 10,201 9,866
Total revenues and other income 743,905 789,005
Costs and other deductions:    
Direct costs 437,077 462,329
General and administrative expenses 61,751 61,730
Research and engineering 13,863 15,074
Depreciation and amortization 157,685 163,031
Interest expense 50,379 45,141
Other, net 16,108 (42,375)
Total costs and other deductions 736,863 704,930
Income (loss) before income taxes 7,042 84,075
Income tax expense (benefit):    
Current 9,668 18,302
Deferred 6,376 4,713
Total income tax expense (benefit) 16,044 23,015
Net income (loss) (9,002) 61,060
Less: net (income) loss attributable to noncontrolling interest (25,331) (11,836)
Net income (loss) attributable to Nabors $ (34,333) $ 49,224
Earnings (losses) per share:    
Basic (in dollars per share) $ (4.54) $ 4.39
Diluted (in dollars per share) $ (4.54) $ 4.11
Weighted-average number of common shares outstanding:    
Basic (in shares) 9,176 9,160
Diluted (in shares) 9,176 9,867