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Earnings per Share (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share for Noble-UK

The following table sets forth the computation of basic and diluted earnings per share for Noble-UK:

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

511,000

 

 

$

(152,011

)

 

$

478,595

 

Earnings allocated to unvested share-based payment

   awards

 

 

(11,208

)

 

 

—

 

 

 

(5,669

)

Income (loss) from continuing operations to common

   shareholders

 

 

499,792

 

 

 

(152,011

)

 

 

472,926

 

Income from discontinued operations

 

 

—

 

 

 

160,502

 

 

 

304,102

 

Earnings allocated to unvested share-based payment

   awards

 

 

—

 

 

 

—

 

 

 

(3,602

)

Income from discontinued operations, net of tax to

   common shareholders

 

 

—

 

 

 

160,502

 

 

 

300,500

 

Net income attributable to Noble-UK

 

 

511,000

 

 

 

8,491

 

 

 

782,697

 

Earnings allocated to unvested share-based payment

   awards

 

 

(11,208

)

 

 

—

 

 

 

(9,271

)

Net income to common shareholders—basic

 

$

499,792

 

 

$

8,491

 

 

$

773,426

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

$

511,000

 

 

$

(152,011

)

 

$

478,595

 

Earnings allocated to unvested share-based payment

   awards

 

 

(11,208

)

 

 

—

 

 

 

(5,663

)

Income (loss) from continuing operations to common

   shareholders

 

 

499,792

 

 

 

(152,011

)

 

 

472,932

 

Income from discontinued operations

 

 

—

 

 

 

160,502

 

 

 

304,102

 

Earnings allocated to unvested share-based payment

   awards

 

 

—

 

 

 

—

 

 

 

(3,598

)

Income from discontinued operations, net of tax to

   common shareholders

 

 

—

 

 

 

160,502

 

 

 

300,504

 

Net income attributable to Noble-UK

 

 

511,000

 

 

 

8,491

 

 

 

782,697

 

Earnings allocated to unvested share-based payment

   awards

 

 

(11,208

)

 

 

—

 

 

 

(9,261

)

Net income to common shareholders—diluted

 

$

499,792

 

 

$

8,491

 

 

$

773,436

 

Weighted average shares outstanding—basic

 

 

242,146

 

 

 

252,909

 

 

 

253,288

 

Incremental shares issuable from assumed exercise of

   stock options

 

 

—

 

 

 

—

 

 

 

259

 

Weighted average shares outstanding—diluted

 

 

242,146

 

 

 

252,909

 

 

 

253,547

 

Weighted average unvested share-based payment

   awards

 

 

5,430

 

 

 

—

 

 

 

3,036

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

2.06

 

 

$

(0.60

)

 

$

1.86

 

Discontinued operations

 

 

—

 

 

 

0.63

 

 

 

1.19

 

Net income attributable to Noble-UK

 

$

2.06

 

 

$

0.03

 

 

$

3.05

 

Diluted

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

$

2.06

 

 

$

(0.60

)

 

$

1.86

 

Discontinued operations

 

 

—

 

 

 

0.63

 

 

 

1.19

 

Net income attributable to Noble-UK

 

$

2.06

 

 

$

0.03

 

 

$

3.05

 

Dividends per share

 

$

1.28

 

 

$

1.50

 

 

$

0.76