2014 Q1 Form 10-Q Financial Statement
#000110465914037057 Filed on May 09, 2014
Income Statement
| Concept | 2014 Q1 | 2013 Q4 | 2013 Q1 |
|---|---|---|---|
| Revenue | $1.590B | $1.607B | $1.535B |
| YoY Change | 3.53% | 8.63% | -19.64% |
| Cost Of Revenue | $1.062B | $1.033B | $995.0M |
| YoY Change | 6.71% | 11.92% | -13.91% |
| Gross Profit | $527.9M | $574.1M | $540.5M |
| YoY Change | -2.33% | 3.16% | -25.54% |
| Gross Profit Margin | 33.21% | 35.72% | 35.2% |
| Selling, General & Admin | $134.3M | $135.3M | $130.9M |
| YoY Change | 2.6% | 7.3% | -3.96% |
| % of Gross Profit | 25.44% | 23.57% | 24.22% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $282.3M | $278.8M | $273.4M |
| YoY Change | 3.26% | 0.5% | 10.38% |
| % of Gross Profit | 53.48% | 48.56% | 50.58% |
| Operating Expenses | $415.7M | $411.3M | $401.0M |
| YoY Change | 3.67% | 6.2% | 4.35% |
| Operating Profit | $109.0M | $162.8M | $143.1M |
| YoY Change | -23.82% | -3.78% | -54.64% |
| Interest Expense | $44.81M | -$46.80M | $60.01M |
| YoY Change | -25.33% | -2.9% | -146.02% |
| % of Operating Profit | 41.09% | -28.75% | 41.93% |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | $63.74M | $102.9M | $102.8M |
| YoY Change | -38.01% | -24.39% | -56.26% |
| Income Tax | $14.01M | -$26.40M | $9.854M |
| % Of Pretax Income | 21.98% | -25.66% | 9.58% |
| Net Earnings | $49.92M | $150.6M | $99.12M |
| YoY Change | -49.64% | 456.2% | -36.39% |
| Net Earnings / Revenue | 3.14% | 9.37% | 6.46% |
| Basic Earnings Per Share | $0.17 | $0.50 | $0.34 |
| Diluted Earnings Per Share | $0.16 | $0.50 | $0.33 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 296.2M shares | 295.2M shares | 291.7M shares |
| Diluted Shares Outstanding | 299.1M shares | 294.2M shares |
Balance Sheet
| Concept | 2014 Q1 | 2013 Q4 | 2013 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $424.8M | $507.1M | $593.4M |
| YoY Change | -28.41% | -7.94% | 20.11% |
| Cash & Equivalents | $326.9M | $389.9M | $564.9M |
| Short-Term Investments | $97.89M | $117.2M | $28.47M |
| Other Short-Term Assets | $252.2M | $272.8M | $748.0M |
| YoY Change | -66.28% | 20.4% | 14.72% |
| Inventory | $194.0M | $209.8M | $245.0M |
| Prepaid Expenses | |||
| Receivables | $1.454B | $1.400B | $1.435B |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $2.691B | $2.754B | $3.119B |
| YoY Change | -13.71% | -12.1% | -0.22% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $8.691B | $8.598B | $8.642B |
| YoY Change | 0.56% | -1.31% | -1.95% |
| Goodwill | $513.0M | ||
| YoY Change | 8.6% | ||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $66.00M | $67.00M | $69.00M |
| YoY Change | -4.35% | 8.59% | -77.67% |
| Other Assets | $226.7M | $227.7M | $269.0M |
| YoY Change | -15.74% | -16.53% | -31.73% |
| Total Long-Term Assets | $9.496B | $9.406B | $9.466B |
| YoY Change | 0.31% | -1.23% | -5.72% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $2.691B | $2.754B | $3.119B |
| Total Long-Term Assets | $9.496B | $9.406B | $9.466B |
| Total Assets | $12.19B | $12.16B | $12.59B |
| YoY Change | -3.16% | -3.92% | -4.42% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $631.0M | $545.5M | $493.0M |
| YoY Change | 27.99% | 9.32% | -28.76% |
| Accrued Expenses | $584.7M | $697.1M | $268.0M |
| YoY Change | 118.19% | 16.3% | -4.96% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $5.296M | $10.19M | $0.00 |
| YoY Change | 2698.08% | -100.0% | |
| Total Short-Term Liabilities | $1.238B | $1.311B | $1.091B |
| YoY Change | 13.49% | 15.81% | -30.99% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $3.812B | $3.904B | $4.380B |
| YoY Change | -12.96% | -10.85% | -2.62% |
| Other Long-Term Liabilities | $570.0M | $377.7M | $491.0M |
| YoY Change | 16.09% | -27.17% | 52.48% |
| Total Long-Term Liabilities | $4.382B | $4.282B | $4.871B |
| YoY Change | -10.03% | -12.58% | 1.06% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.238B | $1.311B | $1.091B |
| Total Long-Term Liabilities | $4.382B | $4.282B | $4.871B |
| Total Liabilities | $6.147B | $6.109B | $6.542B |
| YoY Change | -6.04% | -7.85% | -9.81% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $4.343B | $4.305B | |
| YoY Change | 4.47% | ||
| Common Stock | $2.402B | $2.393B | |
| YoY Change | 2.37% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $944.6M | $944.6M | |
| YoY Change | 0.0% | ||
| Treasury Stock Shares | 28.41K shares | 28.41M shares | 28.41M shares |
| Shareholders Equity | $5.960B | $5.969B | $6.043B |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $12.19B | $12.16B | $12.59B |
| YoY Change | -3.16% | -3.92% | -4.44% |
Cashflow Statement
| Concept | 2014 Q1 | 2013 Q4 | 2013 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | $49.92M | $150.6M | $99.12M |
| YoY Change | -49.64% | 456.2% | -36.39% |
| Depreciation, Depletion And Amortization | $282.3M | $278.8M | $273.4M |
| YoY Change | 3.26% | 0.5% | 10.38% |
| Cash From Operating Activities | $444.6M | $443.5M | $179.3M |
| YoY Change | 147.95% | -5.38% | -26.57% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$396.5M | -$397.5M | -$235.5M |
| YoY Change | 68.37% | 33.93% | -50.28% |
| Acquisitions | $10.20M | $37.52M | |
| YoY Change | -72.81% | ||
| Other Investing Activities | $10.60M | $93.00M | $111.4M |
| YoY Change | -90.48% | -48.73% | 153.18% |
| Cash From Investing Activities | -$385.9M | -$304.5M | -$124.1M |
| YoY Change | 210.87% | 163.86% | -71.11% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | $11.89M | ||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | $4.931M | $1.027M | |
| YoY Change | 380.14% | ||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -$112.5M | -142.7M | -$12.44M |
| YoY Change | 803.75% | -52.43% | -108.92% |
| NET CHANGE | |||
| Cash From Operating Activities | $444.6M | 443.5M | $179.3M |
| Cash From Investing Activities | -$385.9M | -304.5M | -$124.1M |
| Cash From Financing Activities | -$112.5M | -142.7M | -$12.44M |
| Net Change In Cash | -$53.77M | -3.700M | $42.73M |
| YoY Change | -225.85% | -106.94% | -82.5% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $444.6M | $443.5M | $179.3M |
| Capital Expenditures | -$396.5M | -$397.5M | -$235.5M |
| Free Cash Flow | $841.1M | $841.0M | $414.8M |
| YoY Change | 102.77% | 9.86% | -42.22% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
14008000 | USD |
| CY2013Q1 | nbr |
Subsidiary Preferred Stock Dividend
SubsidiaryPreferredStockDividend
|
-750000 | USD |
| CY2014Q1 | nbr |
Subsidiary Preferred Stock Dividend
SubsidiaryPreferredStockDividend
|
-750000 | USD |
| CY2013Q1 | us-gaap |
Profit Loss
ProfitLoss
|
99218000 | USD |
| CY2014Q1 | nbr |
Number Of Jack Up Rigs Actively Marketed
NumberOfJackUpRigsActivelyMarketed
|
7 | rig |
| CY2014Q1 | nbr |
Number Of Barge Rigs Actively Marketed
NumberOfBargeRigsActivelyMarketed
|
4 | rig |
| CY2014Q1 | nbr |
Number Of Hydraulic Horsepower Pressure Pumping Services In Key Basins
NumberOfHydraulicHorsepowerPressurePumpingServicesInKeyBasins
|
800000 | item |
| CY2014Q1 | nbr |
Number Of Actively Marketed Land Drilling Rigs
NumberOfActivelyMarketedLandDrillingRigs
|
493 | rig |
| CY2014Q1 | nbr |
Number Of Platform Rigs Actively Marketed
NumberOfPlatformRigsActivelyMarketed
|
39 | rig |
| CY2014Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Note 1 Nature of Operations</font></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Nabors has grown from a land drilling business centered in the United States and Canada to a global business aimed at optimizing the entire well life cycle, with operations on land and offshore in most of the major oil and gas markets in the world. The majority of our business is conducted through two business lines:</font></p> <p style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt 0.25in;"><b><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Drilling & Rig Services</font></i></b></p> <p style="MARGIN: 0in 0in 0pt 0.25in;"> </p> <p style="MARGIN: 0in 0in 0pt 0.25in;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">This business line is comprised of our global drilling rig operations and drilling-related services, consisting of equipment manufacturing, instrumentation optimization software and directional drilling services.</font></p> <p style="MARGIN: 0in 0in 0pt 0.25in;"> </p> <p style="MARGIN: 0in 0in 0pt 0.25in;"><b><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Completion & Production Services</font></i></b></p> <p style="MARGIN: 0in 0in 0pt 0.25in;"> </p> <p style="MARGIN: 0in 0in 0pt 0.25in;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">This business line is comprised of our operations involved in the completion, life-of-well maintenance and eventual plugging and abandonment of a well.  These services include stimulation, coiled-tubing, cementing, wireline, workover, well-servicing and fluids management.</font></p> <p style="MARGIN: 0in 0in 0pt 0.25in;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">As a global provider of services for land-based and offshore oil and natural gas wells, Nabors’ fleet of rigs and equipment includes:</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">                 </font> <font style="FONT-SIZE: 10pt;" size="2">493 actively marketed land drilling rigs for oil and gas land drilling operations in the United States, Canada and over 20 other countries throughout the world.</font></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"> </p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">                 </font> <font style="FONT-SIZE: 10pt;" size="2">445 actively marketed rigs for land well-servicing and workover services in the United States and approximately 98 rigs for land well-servicing and workover services in Canada.</font></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"> </p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">                 </font> <font style="FONT-SIZE: 10pt;" size="2">39 platform, 7 jackup and 4 barge rigs actively marketed in the United States and multiple international markets.</font></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"> </p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">                 </font> <font style="FONT-SIZE: 10pt;" size="2">Approximately 800,000 hydraulic horsepower for hydraulic fracturing, cementing, nitrogen and acid pressure pumping services in key basins throughout the United States and Canada.</font></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In addition:</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">                 </font> <font style="FONT-SIZE: 10pt;" size="2">We offer a wide range of ancillary well-site services, including engineering, transportation and disposal, construction, maintenance, well logging, directional drilling, rig instrumentation, data collection and other support services in select U.S. and international markets.</font></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"> </p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">                 </font> <font style="FONT-SIZE: 10pt;" size="2">We manufacture and lease or sell top drives for a broad range of drilling applications, directional drilling systems, rig instrumentation and data collection equipment, pipeline handling equipment and rig reporting software.</font></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"> </p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"><font style="FONT-FAMILY: Symbol; FONT-SIZE: 10pt;" size="2">·</font><font style="FONT-SIZE: 3pt;" size="1">                 </font> <font style="FONT-SIZE: 10pt;" size="2">We have a 51% ownership interest in a joint venture in Saudi Arabia, which owns and actively markets 5 rigs in addition to the rigs we lease to the joint venture.</font></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in;"> </p> <p style="TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Unless the context requires otherwise, references in this report to “we,” “us,” “our,” “the Company,” or “Nabors” mean Nabors Industries Ltd., together with our subsidiaries where the context requires, including Nabors Industries, Inc., a Delaware corporation (“Nabors Delaware”), our wholly owned subsidiary.</font></p> </div> | |
| CY2013Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
26762000 | USD |
| CY2013Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
54425000 | USD |
| CY2013Q4 | us-gaap |
Inventory Net
InventoryNet
|
209793000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
97886000 | USD |
| CY2014Q1 | nbr |
Undiscounted Contractual Commitments
UndiscountedContractualCommitments
|
145400000 | USD |
| CY2014Q1 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
64900000 | USD |
| CY2013Q4 | nbr |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
|
56000 | USD |
| CY2013Q4 | nbr |
Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
|
72530000 | USD |
| CY2014Q1 | nbr |
Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
|
53309000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
|
20000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
|
361000 | USD |
| CY2014Q1 | nbr |
Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Loss Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossAccumulatedInInvestments
|
1000 | USD |
| CY2014Q1 | nbr |
Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Loss Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossAccumulatedInInvestments
|
37000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities Debt Maturities Rolling Year Two Through Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue
|
15525000 | USD |
| CY2014Q1 | nbr |
Available For Sale Securities Debt Maturities Rolling After Year Five Fair Value
AvailableForSaleSecuritiesDebtMaturitiesRollingAfterYearFiveFairValue
|
4770000 | USD |
| CY2014Q1 | nbr |
Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
|
38000 | USD |
| CY2013Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
117218000 | USD |
| CY2014Q1 | us-gaap |
Short Term Investments
ShortTermInvestments
|
97886000 | USD |
| CY2013Q4 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
507133000 | USD |
| CY2013Q4 | nbr |
Cash Cash Equivalents And Short Term Investments Gross Unrealized Gains
CashCashEquivalentsAndShortTermInvestmentsGrossUnrealizedGains
|
72530000 | USD |
| CY2014Q1 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
424767000 | USD |
| CY2014Q1 | nbr |
Cash Cash Equivalents And Short Term Investments Gross Unrealized Gains
CashCashEquivalentsAndShortTermInvestmentsGrossUnrealizedGains
|
53309000 | USD |
| CY2014Q1 | nbr |
Cash Cash Equivalents And Short Term Investments Gross Unrealized Losses
CashCashEquivalentsAndShortTermInvestmentsGrossUnrealizedLosses
|
38000 | USD |
| CY2013Q4 | us-gaap |
Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
|
117218000 | USD |
| CY2013Q4 | us-gaap |
Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
|
128606000 | USD |
| CY2013Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
113600000 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
389915000 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
326881000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
135000 | USD |
| CY2014Q1 | nbr |
Proceeds From Sale Of Productive Assets And Proceeds From Insurance Settlement
ProceedsFromSaleOfProductiveAssetsAndProceedsFromInsuranceSettlement
|
21605000 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
389915000 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
326881000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
15000000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-11585000 | USD |
| CY2014Q1 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
20295000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
86601000 | USD |
| CY2013Q1 | us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
|
75974000 | USD |
| CY2014Q1 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
4204394000 | USD |
| CY2013Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
4251473000 | USD |
| CY2014Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Noncontrolling Interest
TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest
|
69188000 | USD |
| CY2013Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Noncontrolling Interest
TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest
|
69188000 | USD |
| CY2014Q1 | nbr |
Temporary Equity Fair Value
TemporaryEquityFairValue
|
69000000 | USD |
| CY2013Q4 | nbr |
Temporary Equity Fair Value
TemporaryEquityFairValue
|
69000000 | USD |
| CY2014Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
10700000 | USD |
| CY2013Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
32900000 | USD |
| CY2013Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
10243000 | USD |
| CY2014Q1 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
5316000 | USD |
| CY2013Q4 | us-gaap |
Debt Current
DebtCurrent
|
10185000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
3914302000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3904117000 | USD |
| CY2014Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
3817772000 | USD |
| CY2014Q1 | us-gaap |
Debt Current
DebtCurrent
|
5296000 | USD |
| CY2014Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
3812476000 | USD |
| CY2014Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
500000 | shares |
| CY2013Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
100000 | shares |
| CY2014Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
4900000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1000000 | USD |
| CY2014Q1 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
300000 | shares |
| CY2013Q1 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
200000 | shares |
| CY2014Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
6600000 | USD |
| CY2013Q1 | us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
2800000 | USD |
| CY2014Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.04 | |
| CY2013Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.02 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.33 | |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
296210000 | shares |
| CY2014Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2840000 | shares |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
299050000 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
291687000 | shares |
| CY2013Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
2483000 | shares |
| CY2013Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
294170000 | shares |
| CY2014Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
7853509 | shares |
| CY2013Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
12452263 | shares |
| CY2014Q1 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
4240000 | USD |
| CY2014Q1 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
24774000 | USD |
| CY2014Q1 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
29381000 | USD |
| CY2014Q1 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
2652000 | USD |
| CY2014Q1 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
3075000 | USD |
| CY2014Q1 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
|
22033000 | USD |
| CY2014Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
16227000 | USD |
| CY2014Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
584748000 | USD |
| CY2013Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
172803000 | USD |
| CY2013Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
202918000 | USD |
| CY2014Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
158676000 | USD |
| CY2014Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
234900000 | USD |
| CY2014Q1 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
41047000 | USD |
| CY2014Q1 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
29459000 | USD |
| CY2014Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
18284000 | USD |
| CY2013Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
76781000 | USD |
| CY2013Q4 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
29459000 | USD |
| CY2013Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
64728000 | USD |
| CY2013Q4 | us-gaap |
Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
|
4653000 | USD |
| CY2013Q4 | us-gaap |
Litigation Reserve Current
LitigationReserveCurrent
|
30784000 | USD |
| CY2013Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
64404000 | USD |
| CY2013Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
2971000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Liabilities Current
DeferredTaxLiabilitiesCurrent
|
3075000 | USD |
| CY2013Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities
|
22033000 | USD |
| CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
22484000 | USD |
| CY2014Q1 | us-gaap |
Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
|
970000 | USD |
| CY2014Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
10000 | USD |
| CY2014Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
980000 | USD |
| CY2013Q1 | us-gaap |
Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
|
776000 | USD |
| CY2013Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
78645000 | USD |
| CY2013Q1 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
79421000 | USD |
| CY2014Q1 | nbr |
Realized Gain On Short Term And Long Term Investments
RealizedGainOnShortTermAndLongTermInvestments
|
76200000 | USD |
| CY2014Q1 | us-gaap |
Trading Securities Unrealized Holding Gain Loss
TradingSecuritiesUnrealizedHoldingGainLoss
|
2400000 | USD |
| CY2013Q1 | nbr |
Losses Gains On Sales Retirements And Involuntary Conversions Of Long Lived Assets
LossesGainsOnSalesRetirementsAndInvoluntaryConversionsOfLongLivedAssets
|
3411000 | USD |
| CY2013Q1 | us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
-45000000 | USD |
| CY2013Q1 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
-6161000 | USD |
| CY2013Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-4317000 | USD |
| CY2013Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
-848000 | USD |
| CY2013Q1 | nbr |
Losses Gains On Sales Retirements And Impairments Of Long Lived Assets And Other Expense Income Net
LossesGainsOnSalesRetirementsAndImpairmentsOfLongLivedAssetsAndOtherExpenseIncomeNet
|
59737000 | USD |
| CY2014Q1 | nbr |
Losses Gains On Sales Retirements And Involuntary Conversions Of Long Lived Assets
LossesGainsOnSalesRetirementsAndInvoluntaryConversionsOfLongLivedAssets
|
2432000 | USD |
| CY2014Q1 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
-3060000 | USD |
| CY2014Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
3293000 | USD |
| CY2014Q1 | us-gaap |
Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
|
723000 | USD |
| CY2014Q1 | nbr |
Losses Gains On Sales Retirements And Impairments Of Long Lived Assets And Other Expense Income Net
LossesGainsOnSalesRetirementsAndImpairmentsOfLongLivedAssetsAndOtherExpenseIncomeNet
|
1476000 | USD |
| CY2013Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
216140000 | USD |
| CY2014Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
160466000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-55842000 | USD |
| CY2014Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-168000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-55674000 | USD |
| CY2014Q1 | us-gaap |
Assets Held For Sale Current
AssetsHeldForSaleCurrent
|
231880000 | USD |
| CY2013Q1 | nbr |
Operating Revenues And Income Loss From Equity Method Of Investment
OperatingRevenuesAndIncomeLossFromEquityMethodOfInvestment
|
1538373000 | USD |
| CY2014Q1 | nbr |
Operating Revenues And Income Loss From Equity Method Of Investment
OperatingRevenuesAndIncomeLossFromEquityMethodOfInvestment
|
1587173000 | USD |
| CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
143138000 | USD |
| CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
109041000 | USD |
| CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
60011000 | USD |
| CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
44810000 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
102811000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
63735000 | USD |
| CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9854000 | USD |
| CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.17 | |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.16 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.16 | |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.31 | |
| CY2013Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.03 | |
| CY2013Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.34 | |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.31 | |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
91296000 | USD |
| CY2014Q1 | us-gaap |
Profit Loss
ProfitLoss
|
50492000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
99121000 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
49919000 | USD |
| CY2013Q4 | us-gaap |
Assets
Assets
|
12159811000 | USD |
| CY2014Q1 | us-gaap |
Assets
Assets
|
12187073000 | USD |
| CY2013Q4 | us-gaap |
Assets Held For Sale Current
AssetsHeldForSaleCurrent
|
243264000 | USD |
| CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1399543000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
121316000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
272781000 | USD |
| CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
2753830000 | USD |
| CY2013Q4 | us-gaap |
Long Term Investments
LongTermInvestments
|
3236000 | USD |
| CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8597813000 | USD |
| CY2013Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
64260000 | USD |
| CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
227708000 | USD |
| CY2013Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
10185000 | USD |
| CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
545512000 | USD |
| CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
697093000 | USD |
| CY2013Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
58634000 | USD |
| CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1311424000 | USD |
| CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
377744000 | USD |
| CY2013Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
516161000 | USD |
| CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
6109446000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5969086000 | USD |
| CY2013Q4 | us-gaap |
Minority Interest
MinorityInterest
|
12091000 | USD |
| CY2013Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5981177000 | USD |
| CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
12159811000 | USD |
| CY2014Q1 | nbr |
Employers Liability Claims Subject To Per Occurrence Deductible
EmployersLiabilityClaimsSubjectToPerOccurrenceDeductible
|
3000000 | USD |
| CY2014Q1 | nbr |
Automobile Claims Deductible
AutomobileClaimsDeductible
|
2500000 | USD |
| CY2014Q1 | nbr |
General Liability Claims Subject To Per Occurrence Deductible
GeneralLiabilityClaimsSubjectToPerOccurrenceDeductible
|
5000000 | USD |
| CY2014Q1 | nbr |
Deductions In Land Rigs And For Offshore Rigs
DeductionsInLandRigsAndForOffshoreRigs
|
5000000 | USD |
| CY2014Q1 | nbr |
Guarantee Obligations Maximum Exposure In Year One
GuaranteeObligationsMaximumExposureInYearOne
|
115018000 | USD |
| CY2014Q1 | nbr |
Guarantee Obligations Maximum Exposure In Year Two
GuaranteeObligationsMaximumExposureInYearTwo
|
40408000 | USD |
| CY2014Q1 | nbr |
Guarantee Obligations Maximum Exposure After Year Three
GuaranteeObligationsMaximumExposureAfterYearThree
|
19000 | USD |
| CY2014Q1 | us-gaap |
Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
|
155445000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
48977000 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
573000 | USD |
| CY2014Q1 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
733000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
47671000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
1515000 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
92207000 | USD |
| CY2013Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
97000 | USD |
| CY2013Q1 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
814000 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
7011000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.16 | |
| CY2014Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.01 | |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
1414000 | USD |
| CY2014Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1454368000 | USD |
| CY2014Q1 | us-gaap |
Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
|
133667000 | USD |
| CY2014Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
252215000 | USD |
| CY2014Q1 | us-gaap |
Assets Current
AssetsCurrent
|
2691268000 | USD |
| CY2014Q1 | us-gaap |
Long Term Investments
LongTermInvestments
|
2915000 | USD |
| CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8690759000 | USD |
| CY2014Q1 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
63069000 | USD |
| CY2014Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
226671000 | USD |
| CY2014Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
5296000 | USD |
| CY2014Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
631015000 | USD |
| CY2014Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
17083000 | USD |
| CY2014Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1238142000 | USD |
| CY2014Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
569993000 | USD |
| CY2014Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
526005000 | USD |
| CY2014Q1 | us-gaap |
Liabilities
Liabilities
|
6146616000 | USD |
| CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5960469000 | USD |
| CY2014Q1 | us-gaap |
Minority Interest
MinorityInterest
|
10800000 | USD |
| CY2014Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5971269000 | USD |
| CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
12187073000 | USD |
| CY2013Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1535478000 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2895000 | USD |
| CY2013Q1 | nbr |
Revenues And Other Income
RevenuesAndOtherIncome
|
1617794000 | USD |
| CY2013Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
994992000 | USD |
| CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
130878000 | USD |
| CY2013Q1 | nbr |
Depreciation And Amortization Continuing Operations
DepreciationAndAmortizationContinuingOperations
|
269365000 | USD |
| CY2013Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1514983000 | USD |
| CY2014Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
1589618000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2445000 | USD |
| CY2014Q1 | nbr |
Revenues And Other Income
RevenuesAndOtherIncome
|
1588153000 | USD |
| CY2014Q1 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
1061739000 | USD |
| CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
134266000 | USD |
| CY2014Q1 | nbr |
Depreciation And Amortization Continuing Operations
DepreciationAndAmortizationContinuingOperations
|
282127000 | USD |
| CY2014Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
1524418000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-36594000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-19208000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
-19208000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
-123000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
|
153000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-55526000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
148000 | USD |
| CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5755000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest
|
481000 | USD |
| CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-92000 | USD |
| CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-5663000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
|
-23265000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
10139000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
75974000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
-65835000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
|
-281000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
|
153000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-88666000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-214000 | USD |
| CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
10669000 | USD |
| CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1317000 | USD |
| CY2013Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
9352000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
179295000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
142336000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
37516000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
12000 | USD |
| CY2013Q1 | nbr |
Proceeds From Sale Of Productive Assets And Proceeds From Insurance Settlement
ProceedsFromSaleOfProductiveAssetsAndProceedsFromInsuranceSettlement
|
6605000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-124126000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
-1975000 | USD |
| CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-12444000 | USD |
| CY2013Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-2759000 | USD |
| CY2013Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
235539000 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
39966000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
444563000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
733000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
10200000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
1255000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
396465000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-385868000 | USD |
| CY2014Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
NABORS INDUSTRIES LTD | |
| CY2014Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001163739 | |
| CY2014Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2014Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-03-31 | |
| CY2014Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2014Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2014Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2014Q1 | us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
-1822000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
4931000 | USD |
| CY2014Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2014Q1 | nbr |
Fair Value Transfers Between Level1 And Level2
FairValueTransfersBetweenLevel1AndLevel2
|
0 | USD |
| CY2014Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3886960000 | USD |
| CY2013Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3983490000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
33829000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-16233000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-63130000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
11327000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-31123000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1027000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
-39594000 | USD |
| CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
297444279 | shares |
| CY2014Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
| CY2014Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-112463000 | USD |
| CY2014Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-9266000 | USD |
| CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
524922000 | USD |
| CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
564888000 | USD |
| CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2014Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
324000 | USD |
| CY2013Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2392585000 | USD |
| CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
4304664000 | USD |
| CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
944627000 | USD |
| CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
800000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
800000 | shares |
| CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
323711 | shares |
| CY2013Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
28414 | shares |
| CY2014Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
325772 | shares |
| CY2014Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
28414 | shares |
| CY2013Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
18829000 | USD |
| CY2013Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-8975000 | USD |
| CY2014Q1 | nbr |
Depreciation And Amortization Including Discontinued Operations
DepreciationAndAmortizationIncludingDiscontinuedOperations
|
282349000 | USD |
| CY2014Q1 | nbr |
Deferred Income Tax Expense Benefit Including Discontinued Operations
DeferredIncomeTaxExpenseBenefitIncludingDiscontinuedOperations
|
451000 | USD |
| CY2013Q1 | nbr |
Depreciation And Amortization Including Discontinued Operations
DepreciationAndAmortizationIncludingDiscontinuedOperations
|
273423000 | USD |
| CY2013Q1 | nbr |
Deferred Income Tax Expense Benefit Including Discontinued Operations
DeferredIncomeTaxExpenseBenefitIncludingDiscontinuedOperations
|
-5371000 | USD |
| CY2013Q1 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
78655000 | USD |
| CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
32853000 | USD |
| CY2013Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
-4316000 | USD |
| CY2013Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
2896000 | USD |
| CY2013Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-12827000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
61399000 | USD |
| CY2013Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-5500000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Repayments Of Commercial Paper
ProceedsFromRepaymentsOfCommercialPaper
|
-12891000 | USD |
| CY2013Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
1395000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
57004000 | USD |
| CY2014Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-910000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-14480000 | USD |
| CY2014Q1 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-3517000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
286000 | USD |
| CY2014Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
11893000 | USD |
| CY2014Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
67500000 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-63034000 | USD |
| CY2014Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
11893000 | USD |
| CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-56155000 | USD |
| CY2013Q1 | nbr |
Share Based Compensations
ShareBasedCompensations
|
32853000 | USD |
| CY2014Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.04 | |
| CY2013Q4 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
3236000 | USD |
| CY2014Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
13658000 | USD |
| CY2014Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
350000 | USD |
| CY2014Q1 | nbr |
Share Based Compensations
ShareBasedCompensations
|
10685000 | USD |
| CY2014Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
7968000 | USD |
| CY2014Q1 | us-gaap |
Long Term Investments And Receivables Net
LongTermInvestmentsAndReceivablesNet
|
2915000 | USD |
| CY2014Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
326000 | USD |
| CY2014Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2401614000 | USD |
| CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
4342690000 | USD |
| CY2014Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
944627000 | USD |
| CY2013Q4 | us-gaap |
Goodwill
Goodwill
|
512964000 | USD |
| CY2014Q1 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
7000 | USD |
| CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
10685000 | USD |
| CY2014Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
3293000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-2445000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-4742000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-1275000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-28471000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-26036000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
188028000 | USD |
| CY2014Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
4931000 | USD |
| CY2013Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
12891000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-89866000 | USD |
| CY2013Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1027000 | USD |
| CY2013Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
2773000 | USD |
| CY2012Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5957117000 | USD |
| CY2013Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
5984685000 | USD |
| CY2013Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.04 | |
| CY2014Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Prior Period Revision</font></i></b></p> <p style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">During the first quarter of 2014, we determined that we had incorrectly applied certain aspects of ASC 830 - Foreign Currency Matters with respect to the recording of foreign currency gains or losses on certain intercompany transactions.  GAAP requires the recognition of foreign currency gains or losses on U.S. dollar denominated intercompany balances of our subsidiaries that have a functional currency other than the U.S. dollar.  The primary years impacted were 2002 and 2009, which is the period over which a series of intercompany loans were outstanding between our Canadian subsidiary, whose functional currency is the Canadian dollar, and other subsidiaries whose functional currencies are the U.S. dollar.</font></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The net effect understated net income for periods before 2009 by approximately $90 million, due to foreign currency gains that should have been recorded through net income, rather than through Cumulative Translation Adjustments (a component of Accumulated Other Comprehensive Income).  The correction of this error resulted in a revision to increase the beginning Retained Earnings at January 1, 2010 by approximately $91.5 million with the offset being a decrease to Accumulated Other Comprehensive Income, both of which are components of Shareholders’ Equity.  There was no other material impact to our assets, liabilities, cash flows or profit and loss for any periods presented. We do not consider this revision material to any period.</font></p> </div> | |
| CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
340143000 | USD |
| CY2013Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
251691000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-13196000 | USD |
| CY2013Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-88452000 | USD |
| CY2013Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
75256000 | USD |
| CY2013Q1 | nbr |
Other Comprehensive Income Loss Before Reclassifications Tax Portion
OtherComprehensiveIncomeLossBeforeReclassificationsTaxPortion
|
70000 | USD |
