XML 46 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Note 12 - Mergers and Acquisitions (Tables)
12 Months Ended
Dec. 31, 2017
Notes Tables  
Business Combination Property Plant Equipment Asset Acquired [Table Text Block]
   
Estimated
Useful Lives
 
Estimated Fair
Value
Land
 
Indefinite
  $
2,010
   
Building and leasehold improvements
 
 5
-
25
   
5,700
   
Office furniture, fixtures and equipment
 
 3
-
5
   
946
   
Machinery
 & Equipment
 
 2
-
10
   
52,880
   
Construction in progress
 
 
 
 
   
2,960
   
Property, plant and equipment
 
 
 
 
  $
64,496
   
   
Estimated
Useful Lives
 
Estimated Fair Value
 
Land
 
Indefinite
  $
42,741
 
Building and leasehold improvements
 
 2
-
25
   
79,456
 
Office furniture, fixtures and equipment
 
 2
-
5
   
2,845
 
Machinery
& Equipment
 
 2
-
10
   
628,791
 
Transportation equipment
 
 2
-
5
   
166,457
 
Construction in progress
 
 
 
 
   
44,954
 
Property, plant and equipment
 
 
 
 
  $
965,244
 
Business Acquisition, Pro Forma Information [Table Text Block]
   
Year Ended
December 31, 2017
   
Year Ended
December 31, 2016
 
Revenues
  $
1,797,231
    $
1,067,075
 
Net loss
  $
(7,520
)
  $
(939,454
)
   
Year Ended
December 31, 2015
   
Year Ended
December 31, 2014
 
Revenues
  $
2,114,671
    $
3,861,412
 
Net loss
  $
(879,231
)
  $
(244,183
)
Nabors Industries, Ltd. [Member]  
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
   
Amounts
Recognized as of
Merger Date
   
Measurement
Period
Adjustments
(1)
   
Estimated Fair
Value
 
Accounts receivable
  $
262,973
    $
11,079
    $
274,052
 
Inventory
   
35,491
     
(7,372
)
   
28,119
 
Other current assets
   
8,857
     
(1,940
)
   
6,917
 
Property, plant and equipment
   
1,024,622
     
(59,378
)
   
965,244
 
Goodwill
   
444,162
     
12,684
     
456,846
 
Other intangible assets
   
28,300
     
13,700
     
42,000
 
Other assets
   
11,171
     
(2,913
)
   
8,258
 
Total assets acquired
   
1,815,576
     
(34,140
)
   
1,781,436
 
Accounts payable
   
(195,913
)
   
19,610
     
(176,303
)
Other current liabilities
   
(23,813
)
   
(7,503
)
   
(31,316
)
Deferred income taxes
   
(187,515
)
   
(21,368
)
   
(208,883
)
Total liabilities assumed
   
(407,241
)
   
(9,261
)
   
(416,502
)
Net assets acquired
  $
1,408,335
    $
(43,401
)
  $
1,364,934
 
O-Tex [Member]  
Notes Tables  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]
Current assets
  $
45,895
 
Property and equipment
   
64,496
 
Goodwill
   
147,515
 
Other intangible assets
   
71,500
 
Total assets acquired
  $
329,406
 
         
Current liabilities
  $
17,442
 
Deferred income taxes
   
31,301
 
Other liabilities
   
8,746
 
Total liabilities assumed
  $
57,489
 
Net assets acquired
  $
271,917
 
Current assets
  $
5,822
 
Property, plant and equipment
   
2,529
 
Goodwill
   
24,219
 
Other intangible assets
   
5,173
 
Total assets acquired
   
37,743
 
Current liabilities
   
(1,927
)
Deferred income taxes
   
(2,067
)
Other liabilities
   
(276
)
Total liabilities assumed
   
(4,270
)
Net assets acquired
  $
33,473