XML 45 R44.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details) (USD $)
12 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Nov. 21, 2011
Mar. 11, 2010
Mar. 19, 2014
Dec. 31, 2014
Sep. 23, 2014
May 02, 2014
Sep. 22, 2014
Mar. 18, 2014
Mar. 31, 2014
Feb. 01, 2015
Mar. 14, 2014
May 01, 2014
Oct. 23, 2014
Long-term Debt, by Current and Noncurrent [Abstract]                                
Long-term Debt $ 455,080,000us-gaap_LongTermDebt $ 502,513,000us-gaap_LongTermDebt         455,080,000us-gaap_LongTermDebt                  
Senior Notes [Abstract]                                
Loss on extinguishment of debt (31,221,000)us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 0us-gaap_GainsLossesOnExtinguishmentOfDebt                          
Payments of Debt Extinguishment Costs 21,553,000us-gaap_PaymentsOfDebtExtinguishmentCosts 0us-gaap_PaymentsOfDebtExtinguishmentCosts 0us-gaap_PaymentsOfDebtExtinguishmentCosts                          
Deferred Finance Costs [Abstract]                                
Deferred Finance Costs, Net 9,800,000us-gaap_DeferredFinanceCostsNet 7,500,000us-gaap_DeferredFinanceCostsNet         9,800,000us-gaap_DeferredFinanceCostsNet                  
Amortization of Financing Costs 2,100,000us-gaap_AmortizationOfFinancingCosts 2,100,000us-gaap_AmortizationOfFinancingCosts 2,100,000us-gaap_AmortizationOfFinancingCosts                          
Unamortized Deferred Finance Costs on Notes Tendered included in Debt Extinguishment Costs 4,800,000pes_UnamortizedDeferredFinanceCostsonNotesTenderedincludedinDebtExtinguishmentCosts                              
Senior secured revolving credit facility [Member]                                
Line of Credit Facility [Abstract]                                
Line of Credit Facility, Maximum Borrowing Capacity                   350,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
           
Line of Credit Facility, Potential Increase in Aggregate Commitments of Lenders                   100,000,000pes_LineofCreditFacilityPotentialIncreaseinAggregateCommitmentsofLenders
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
           
Debt Instrument Stated Percentage of Outstanding Equity Interests of First Tier Foreign Subsidiaries That Secure Debt Obligations                   65.00%pes_DebtInstrumentStatedPercentageOfOutstandingEquityInterestsOfFirstTierForeignSubsidiariesThatSecureDebtObligations
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
           
Ratio of Indebtedness to Net Capital 1.8us-gaap_RatioOfIndebtednessToNetCapital1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
          1.8us-gaap_RatioOfIndebtednessToNetCapital1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
                 
Ratio of Indebtedness to Net Capital, Senior 0.7pes_DebtInstrumentRatioofIndebtednesstoNetCapitalSenior
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
          0.7pes_DebtInstrumentRatioofIndebtednesstoNetCapitalSenior
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
                 
Ratio of Interest Coverage 6.7pes_DebtInstrumentRatioofInterestCoverage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
          6.7pes_DebtInstrumentRatioofInterestCoverage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
                 
Capital Expenditure Limitation During Fiscal Year To Be Imposed If Covenant Noncompliance, Exceeding Stated Senior Consolidated Leverage Ratio 100,000,000pes_CapitalExpenditureLimitationDuringFiscalYearToBeImposedIfCovenantNoncomplianceExceedingStatedSeniorConsolidatedLeverageRatio
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
                             
Capital Expenditure Limitation Maximum Amount Unused From Prior Fiscal Year Available to Increase Current Year Capital Expenditure Threshold If Restrictions Imposed Due to Noncompliance 30,000,000pes_CapitalExpenditureLimitationMaximumAmountUnusedFromPriorFiscalYearAvailableToIncreaseCurrentYearCapitalExpenditureThresholdIfRestrictionsImposedDueToNoncompliance
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
                             
Senior secured revolving credit facility [Member] | Minimum [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Covenant Compliance, Ratio of Interest Coverage                   2.50pes_DebtInstrumentCovenantComplianceRatioofInterestCoverage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
           
Senior secured revolving credit facility [Member] | Maximum [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Covenant Compliance, Ratio of Indebtedness to Net Capital                   4.00pes_DebtInstrumentCovenantComplianceRatioofIndebtednesstoNetCapital
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Debt Instrument, Covenant Compliance, Ratio of Indebtedness to Net Capital, Senior                   2.50pes_DebtInstrumentCovenantComplianceRatioofIndebtednesstoNetCapitalSenior
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Debt Instrument, Covenant Compliance, Capital Expenditure Limitation Threshold, Ratio of Indebtedness to Net Capital, Senior                   2.00pes_DebtInstrumentCovenantComplianceCapitalExpenditureLimitationThresholdRatioofIndebtednesstoNetCapitalSenior
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Senior secured revolving credit facility [Member] | Alternative Testing for Covenant [Member] | Minimum [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Covenant Compliance, Ratio of Indebtedness to Net Capital, Senior                   2.00pes_DebtInstrumentCovenantComplianceRatioofIndebtednesstoNetCapitalSenior
/ pes_AlternativeAxis
= pes_AlternativeTestingForComplianceMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
           
Debt Instrument, Covenant Compliance, Ratio of Asset Coverage                   1.00pes_DebtInstrumentCovenantComplianceRatioofAssetCoverage
/ pes_AlternativeAxis
= pes_AlternativeTestingForComplianceMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
           
Debt Instrument, Covenant Compliance, Line of Credit Facility, Remaining Borrowing Capacity After Capital Expenditures Adjustment To Avoid Future Capital Expenditures Restrictions                   25,000,000pes_DebtInstrumentCovenantComplianceLineofCreditFacilityRemainingBorrowingCapacityAfterCapitalExpendituresAdjustmentToAvoidFutureCapitalExpendituresRestrictions
/ pes_AlternativeAxis
= pes_AlternativeTestingForComplianceMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
           
Senior secured revolving credit facility [Member] | Alternative Testing for Covenant [Member] | Maximum [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Covenant Compliance, Ratio of Indebtedness to Net Capital, Senior                   2.00pes_DebtInstrumentCovenantComplianceRatioofIndebtednesstoNetCapitalSenior
/ pes_AlternativeAxis
= pes_AlternativeTestingForComplianceMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
           
Senior Notes [Member]                                
Senior Notes [Abstract]                                
Debt Instrument, Redeemable with Equity Issuance Proceeds, Required Repurchase Due to Change in Control Redemption Price, Percentage                   101.00%pes_DebtInstrumentRedeemableWithEquityIssuanceProceedsRequiredRepurchaseDueToChangeInControlRedemptionPricePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
           
Debt Instrument, Redeemable with Equity Issuance Proceeds, Required Repurchase Due to Asset Disposition, Redemption Price, Percentage                   100.00%pes_DebtInstrumentRedeemableWithEquityIssuanceProceedsRequiredRepurchaseDueToAssetDispositionRedemptionPricePercentage
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
           
Senior Notes, Issued [Member] | Senior Notes [Member]                                
Long-term Debt, by Current and Noncurrent [Abstract]                                
Long-term Debt 300,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotesIssuedMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
419,586,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotesIssuedMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
        300,000,000us-gaap_LongTermDebt
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotesIssuedMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_SeniorNotesMember
                 
Senior Notes, 2011 [Member]                                
Senior Notes [Abstract]                                
Debt Instrument, Face Amount       175,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2011Member
                       
Debt Instrument, Unamortized Premium       1,800,000us-gaap_DebtInstrumentUnamortizedPremium
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2011Member
                       
Debt Instrument, Interest Rate, Effective Percentage       9.66%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2011Member
                       
Proceeds from Issuance of Debt       172,700,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2011Member
                       
Deferred Finance Costs, Gross       4,100,000us-gaap_DeferredFinanceCostsGross
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2011Member
                       
Debt Instrument, Actual Value to Face Value, Percentage       101.00%pes_DebtInstrumentCarryingValueToFaceValuePercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2011Member
                       
Senior Notes, 2010 [Member]                                
Senior Notes [Abstract]                                
Debt Instrument, Face Amount         250,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010Member
                     
Debt Instrument, Interest Rate, Stated Percentage         9.875%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010Member
                     
Debt Instrument, Unamortized Discount         10,600,000us-gaap_DebtInstrumentUnamortizedDiscount
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010Member
                     
Debt Instrument, Interest Rate, Effective Percentage         10.677%us-gaap_DebtInstrumentInterestRateEffectivePercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010Member
                     
Proceeds from Issuance of Debt         234,800,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010Member
                     
Deferred Finance Costs, Gross         4,600,000us-gaap_DeferredFinanceCostsGross
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010Member
                     
Debt Instrument, Actual Value to Face Value, Percentage         95.75%pes_DebtInstrumentCarryingValueToFaceValuePercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010Member
                     
Senior Notes, 2014 [Member]                                
Senior Notes [Abstract]                                
Debt Instrument, Face Amount                     300,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2014Member
         
Debt Instrument, Interest Rate, Stated Percentage                     6.125%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2014Member
         
Proceeds from Issuance of Debt           293,900,000us-gaap_ProceedsFromIssuanceOfDebt
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2014Member
                   
Deferred Finance Costs, Gross                     6,100,000us-gaap_DeferredFinanceCostsGross
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2014Member
         
Debt Instrument, Actual Value to Face Value, Percentage                     100.00%pes_DebtInstrumentCarryingValueToFaceValuePercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2014Member
         
Senior Notes, 2010 and 2011 [Member]                                
Senior Notes [Abstract]                                
Debt Instrument, Repurchased Face Amount                       99,500,000us-gaap_DebtInstrumentRepurchasedFaceAmount
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
       
Debt Instrument, Repurchase Price, per $1,000 principal amount                       1,055.08pes_DebtInstrumentRepurchasePriceper1000principalamount
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
       
Debt Instrument, Face Amount per Note                       1,000pes_DebtInstrumentFaceAmountperNote
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
       
Payments of Debt Extinguishment Costs 21,600,000us-gaap_PaymentsOfDebtExtinguishmentCosts
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
                             
Debt Instrument, Unamortized Discount on Notes Tendered 4,800,000pes_DebtInstrumentUnamortizedDiscountonNotesTendered
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
          4,800,000pes_DebtInstrumentUnamortizedDiscountonNotesTendered
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
                 
London Interbank Offered Rate (LIBOR) [Member] | Senior secured revolving credit facility [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Basis Spread on Variable Rate             2.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
                 
London Interbank Offered Rate (LIBOR) [Member] | Senior secured revolving credit facility [Member] | Minimum [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Basis Spread on Variable Rate               2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
               
London Interbank Offered Rate (LIBOR) [Member] | Senior secured revolving credit facility [Member] | Maximum [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Basis Spread on Variable Rate               3.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
               
Prime Rate [Member] | Senior secured revolving credit facility [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Basis Spread on Variable Rate             1.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_VariableRateAxis
= us-gaap_PrimeRateMember
                 
Prime Rate [Member] | Senior secured revolving credit facility [Member] | Minimum [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Basis Spread on Variable Rate               1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_PrimeRateMember
               
Prime Rate [Member] | Senior secured revolving credit facility [Member] | Maximum [Member]                                
Line of Credit Facility [Abstract]                                
Debt Instrument, Basis Spread on Variable Rate               2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_PrimeRateMember
               
Subsequent Event [Member] | Senior secured revolving credit facility [Member]                                
Line of Credit Facility [Abstract]                                
Line of Credit Facility, Amount Outstanding                         150,000,000us-gaap_LineOfCredit
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
     
Letters of Credit Outstanding, Amount                         18,500,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
     
Line of Credit Facility, Remaining Borrowing Capacity                         181,500,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
     
Redemption Prior to March 15, 2017 [Member] | Senior Notes, 2014 [Member]                                
Senior Notes [Abstract]                                
Debt Instrument Subject to Early Redemption, Percentage of Aggregate Principal Redeemable prior to March 15, 2017                           35.00%pes_DebtInstrumentSubjecttoEarlyRedemptionPercentageofAggregatePrincipalRedeemablepriortoMarch152017
/ pes_DebtInstrumentsRedemptionAxis
= pes_RedemptionPriortoMarch152017Member
/ us-gaap_LongtermDebtTypeAxis
= pes_SeniorNotes2014Member
   
Debt Instrument, Redeemable with Debt Issuance Proceeds, Minimum Percentage Outstanding After Redemption                           65.00%pes_DebtInstrumentRedeemablewithDebtIssuanceProceedsMinimumPercentageOutstandingAfterRedemption
/ pes_DebtInstrumentsRedemptionAxis
= pes_RedemptionPriortoMarch152017Member
/ us-gaap_LongtermDebtTypeAxis
= pes_SeniorNotes2014Member
   
Redemption Prior to March 15, 2017 [Member] | Senior Notes, 2014 [Member] | Senior Notes, 2014 [Member]                                
Senior Notes [Abstract]                                
Debt instrument, Redeemable with Debt Issuance Proceeds, Redemption Price, Percentage                           106.125%pes_DebtinstrumentRedeemablewithDebtIssuanceProceedsRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2014Member
/ pes_DebtInstrumentsRedemptionAxis
= pes_RedemptionPriortoMarch152017Member
/ us-gaap_LongtermDebtTypeAxis
= pes_SeniorNotes2014Member
   
Debt Instrument, Redemption, Period One [Member] | Senior Notes, 2010 and 2011 [Member]                                
Senior Notes [Abstract]                                
Debt Instrument, Repurchased Face Amount                             200,500,000us-gaap_DebtInstrumentRepurchasedFaceAmount
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= us-gaap_DebtInstrumentRedemptionPeriodOneMember
 
Debt Instrument, Redemption Price, Percentage                 104.938%us-gaap_DebtInstrumentRedemptionPricePercentage
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= us-gaap_DebtInstrumentRedemptionPeriodOneMember
             
Debt Instrument, Redemption, Period Two [Member] | Senior Notes, 2010 and 2011 [Member]                                
Senior Notes [Abstract]                                
Debt Instrument, Repurchased Face Amount                               $ 125,000,000us-gaap_DebtInstrumentRepurchasedFaceAmount
/ us-gaap_DebtInstrumentAxis
= pes_SeniorNotes2010and2011Member
/ us-gaap_DebtInstrumentRedemptionPeriodAxis
= us-gaap_DebtInstrumentRedemptionPeriodTwoMember