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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Noble Finance Company
Shares
Shares
Noble Finance Company
Additional Paid-in Capital
Additional Paid-in Capital
Noble Finance Company
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Noble Finance Company
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Noble Finance Company
Beginning balance (in shares) at Dec. 31, 2019     249,200 261,246            
Beginning balance at Dec. 31, 2019 $ 3,658,972 $ 3,757,980 $ 2,492 $ 26,125 $ 807,093 $ 757,545 $ 2,907,776 $ 3,032,699 $ (58,389) $ (58,389)
Employee related equity activity                    
Other comprehensive income (loss), net (1,568)                  
Ending balance at Mar. 31, 2020                 (59,957)  
Beginning balance (in shares) at Dec. 31, 2019     249,200 261,246            
Beginning balance at Dec. 31, 2019 3,658,972 3,757,980 $ 2,492 $ 26,125 807,093 757,545 2,907,776 3,032,699 (58,389) (58,389)
Employee related equity activity                    
Amortization of share-based compensation 6,342       6,342          
Issuance of share-based compensation shares (in shares)     1,862              
Issuance of share-based compensation shares 1   $ 18   (17)          
Shares withheld for taxes on equity transactions (435)       (435)          
Distributions to parent company, net   (49,828)           (49,828)    
Capital contribution by parent - share-based compensation   7,352       7,352        
Net loss (1,155,739) (1,104,341)         (1,155,739) (1,104,341)    
Other comprehensive income (loss), net (107) (107)             (107) (107)
Ending balance (in shares) at Sep. 30, 2020     251,062 261,246            
Ending balance at Sep. 30, 2020 2,509,034 2,611,056 $ 2,510 $ 26,125 812,983 764,897 1,752,037 1,878,530 (58,496) (58,496)
Beginning balance at Mar. 31, 2020                 (59,957)  
Employee related equity activity                    
Other comprehensive income (loss), net 29                  
Ending balance (in shares) at Jun. 30, 2020     251,041 261,246            
Ending balance at Jun. 30, 2020 2,556,970 2,700,304 $ 2,510 $ 26,125 811,483 763,397 1,802,905 1,970,710 (59,928) (59,928)
Employee related equity activity                    
Amortization of share-based compensation 1,500       1,500          
Issuance of share-based compensation shares (in shares)     21              
Issuance of share-based compensation shares 0                  
Distributions to parent company, net   (13,978)           (13,978)    
Capital contribution by parent - share-based compensation   1,500       1,500        
Net loss (50,868) (78,202)         (50,868) (78,202)    
Other comprehensive income (loss), net 1,432 1,432             1,432 1,432
Ending balance (in shares) at Sep. 30, 2020     251,062 261,246            
Ending balance at Sep. 30, 2020 $ 2,509,034 $ 2,611,056 $ 2,510 $ 26,125 812,983 764,897 1,752,037 1,878,530 (58,496) (58,496)
Beginning balance (in shares) at Dec. 31, 2020 251,084 261,246 251,084 261,246            
Beginning balance at Dec. 31, 2020 $ (311,388) $ (213,392) $ 2,511 $ 26,125 814,796 766,714 (1,070,683) (948,219) (58,012) (58,012)
Employee related equity activity                    
Amortization of share-based compensation 710       710          
Issuance of share-based compensation shares (in shares)     43              
Shares withheld for taxes on equity transactions (1)       (1)          
Distributions to parent company, net   (26,503)           (26,503)    
Capital contribution by parent - share-based compensation   710       710        
Net loss 250,228 193,825         250,228 193,825    
Other comprehensive income (loss), net 108 108             108 108
Issuance of Successor common stock and warrants (in shares)     50,000              
Issuance of Successor common stock and warrants 1,018,768   $ 1   1,018,767          
Cancellation/Elimination of Predecessor equity (in shares)     (251,127)              
Cancellation/Elimination of Predecessor equity (in shares) 60,343 1,061,402 $ (2,511)   (815,505) 222,601 820,455 780,897 57,904 57,904
Ending balance (in shares) at Feb. 05, 2021     50,000 261,246            
Ending balance at Feb. 05, 2021 1,018,768 1,016,150 $ 1 $ 26,125 1,018,767 990,025 0 0 0 0
Employee related equity activity                    
Other comprehensive income (loss), net 0                  
Ending balance at Mar. 31, 2021                 0  
Beginning balance (in shares) at Feb. 05, 2021     50,000 261,246            
Beginning balance at Feb. 05, 2021 1,018,768 1,016,150 $ 1 $ 26,125 1,018,767 990,025 0 0 0 0
Employee related equity activity                    
Amortization of share-based compensation 11,312       11,312          
Exchange of common stock for penny warrants (in shares)     (6,463)              
Exercise of common stock warrants (in shares)     31              
Exercise of common stock warrants 647       647          
Issuance of common stock for Pacific Drilling merger (in shares)     16,600              
Issuance of common stock for Pacific Drilling merger 357,662       357,662          
Distributions to parent company, net   (32,677)       (32,677)        
Capital contribution by parent - share-based compensation   11,312       11,312        
Capital contribution by parent - Pacific Drilling merger   422,141       422,141        
Net loss (21,454) (55,336)         (21,454) (55,336)    
Other comprehensive income (loss), net $ (267) $ (267)             (267) (267)
Ending balance (in shares) at Sep. 30, 2021 60,168 261,246 60,168 261,246            
Ending balance at Sep. 30, 2021 $ 1,366,668 $ 1,361,323 $ 1 $ 26,125 1,388,388 1,390,801 (21,454) (55,336) (267) (267)
Beginning balance at Mar. 31, 2021                 0  
Employee related equity activity                    
Other comprehensive income (loss), net 168                  
Ending balance (in shares) at Jun. 30, 2021     60,150 261,246            
Ending balance at Jun. 30, 2021 1,385,724 1,384,842 $ 1 $ 26,125 1,383,344 1,399,905 2,211 (41,356) 168 168
Employee related equity activity                    
Amortization of share-based compensation 4,668       4,668          
Exercise of common stock warrants (in shares)     18              
Exercise of common stock warrants 376       376          
Distributions to parent company, net   (13,772)       (13,772)        
Capital contribution by parent - share-based compensation   4,668       4,668        
Net loss (23,665) (13,980)         (23,665) (13,980)    
Other comprehensive income (loss), net $ (435) $ (435)             (435) (435)
Ending balance (in shares) at Sep. 30, 2021 60,168 261,246 60,168 261,246            
Ending balance at Sep. 30, 2021 $ 1,366,668 $ 1,361,323 $ 1 $ 26,125 $ 1,388,388 $ 1,390,801 $ (21,454) $ (55,336) $ (267) $ (267)