$PTEN
PATTERSON UTI ENERGY INC Stock $pten

$pten Overview Financials Valuation SEC Filings Company Website

2017 Q3 Form 10-Q Financial Statement

#000156459017020970 Filed on November 02, 2017

Income Statement

Concept	2017 Q3	2016 Q3
Revenue	$685.0M	$206.1M
YoY Change	232.3%	-51.18%
Cost Of Revenue	$493.2M	$153.6M
YoY Change	221.09%	-44.71%
Gross Profit	$191.8M	$52.50M
YoY Change	265.33%	-63.64%
Gross Profit Margin	28.0%	25.47%
Selling, General & Admin	$27.60M	$16.60M
YoY Change	66.27%	-10.67%
% of Gross Profit	14.39%	31.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$196.7M	$163.5M
YoY Change	20.31%	-50.78%
% of Gross Profit	102.55%	311.43%
Operating Expenses	$220.4M	$175.9M
YoY Change	25.3%	846.62%
Operating Profit	-$38.02M	-$123.4M
YoY Change	-69.2%	-62.55%
Interest Expense	-$9.500M	-$10.20M
YoY Change	-6.86%	-210.22%
% of Operating Profit
Other Income/Expense, Net	$100.0K	-$10.16M
YoY Change	-100.98%	13.99%
Pretax Income	-$47.40M	-$133.6M
YoY Change	-64.51%	-60.53%
Income Tax	-$13.65M	-$133.9M
% Of Pretax Income
Net Earnings	-$33.77M	-$84.14M
YoY Change	-59.87%	-62.76%
Net Earnings / Revenue	-4.93%	-40.82%
Basic Earnings Per Share	-$0.16	-$0.58
Diluted Earnings Per Share	-$0.16	-$0.58
COMMON SHARES
Basic Shares Outstanding	211.9M	146.3M
Diluted Shares Outstanding	211.9M	146.3M

Balance Sheet

Concept	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$37.80M	$37.00M
YoY Change	2.16%	-51.63%
Cash & Equivalents	$37.84M	$36.97M
Short-Term Investments
Other Short-Term Assets	$54.60M	$73.60M
YoY Change	-25.82%	77.85%
Inventory	$40.70M	$19.90M
Prepaid Expenses
Receivables	$544.5M	$146.0M
Other Receivables	$600.0K	$3.900M
Total Short-Term Assets	$678.3M	$280.3M
YoY Change	141.99%	-44.58%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.198B	$3.512B
YoY Change	19.55%	-12.71%
Goodwill	$524.7M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$62.70M	$27.00M
YoY Change	132.22%	36.07%
Total Long-Term Assets	$4.795B	$3.629B
YoY Change	32.14%	-13.03%
TOTAL ASSETS
Total Short-Term Assets	$678.3M	$280.3M
Total Long-Term Assets	$4.795B	$3.629B
Total Assets	$5.473B	$3.909B
YoY Change	40.01%	-16.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$303.5M	$82.20M
YoY Change	269.22%	-50.35%
Accrued Expenses	$245.8M	$154.2M
YoY Change	59.4%	-14.58%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due		$0.00
YoY Change		-100.0%
Total Short-Term Liabilities	$549.3M	$236.4M
YoY Change	132.36%	-40.31%
LONG-TERM LIABILITIES
Long-Term Debt	$742.7M	$613.4M
YoY Change	21.08%	-24.74%
Other Long-Term Liabilities	$11.40M	$10.40M
YoY Change	9.62%	5.81%
Total Long-Term Liabilities	$754.1M	$623.8M
YoY Change	20.89%	6246.53%
TOTAL LIABILITIES
Total Short-Term Liabilities	$549.3M	$236.4M
Total Long-Term Liabilities	$754.1M	$623.8M
Total Liabilities	$1.880B	$1.585B
YoY Change	18.62%	-22.59%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.593B	$2.324B
YoY Change
Total Liabilities & Shareholders Equity	$5.473B	$3.909B
YoY Change	40.01%	-16.44%

Cashflow Statement

Concept	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	-$33.77M	-$84.14M
YoY Change	-59.87%	-62.76%
Depreciation, Depletion And Amortization	$196.7M	$163.5M
YoY Change	20.31%	-50.78%
Cash From Operating Activities	$115.9M	$70.80M
YoY Change	63.7%	-57.17%
INVESTING ACTIVITIES
Capital Expenditures	$143.1M	$28.68M
YoY Change	398.87%	-119.83%
Acquisitions
YoY Change
Other Investing Activities	$2.200M	$6.100M
YoY Change	-63.93%	17.31%
Cash From Investing Activities	-$140.9M	-$22.50M
YoY Change	526.22%	-83.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	21.70M	-221.3M
YoY Change	-109.81%	866.38%
NET CHANGE
Cash From Operating Activities	115.9M	70.80M
Cash From Investing Activities	-140.9M	-22.50M
Cash From Financing Activities	21.70M	-221.3M
Net Change In Cash	-3.300M	-173.0M
YoY Change	-98.09%	-5866.67%
FREE CASH FLOW
Cash From Operating Activities	$115.9M	$70.80M
Capital Expenditures	$143.1M	$28.68M
Free Cash Flow	-$27.16M	$42.12M
YoY Change	-164.48%	-86.41%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
	us-gaap	Net Income Loss NetIncomeLoss	-189492000
CY2016Q4	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	1563000
CY2017Q3	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	20934000
CY2017Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	9449000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	471570000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-104190000
	us-gaap	Share Based Compensation ShareBasedCompensation	35101000
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	19079000
	us-gaap	Excess Tax Benefit From Share Based Compensation Operating Activities ExcessTaxBenefitFromShareBasedCompensationOperatingActivities	4895000
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-28524000
	us-gaap	Increase Decrease In Inventories And Other Operating Assets IncreaseDecreaseInInventoriesAndOtherOperatingAssets	26398000
	us-gaap	Increase Decrease In Inventories And Other Operating Assets IncreaseDecreaseInInventoriesAndOtherOperatingAssets	-7876000
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	91499000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	6809000
CY2016Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-2379000
	us-gaap	Payments Of Dividends PaymentsOfDividends	11866000
CY2017Q3	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	1303000
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	223000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	35101000
	us-gaap	Share Based Compensation ShareBasedCompensation	21130000
	pten	Dividend Equivalents DividendEquivalents	17000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	7032000
	us-gaap	Exploration Abandonment And Impairment Expense ExplorationAbandonmentAndImpairmentExpense	443000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-109045000
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	9808000
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	260000
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2184000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	246407000
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-74742000
	us-gaap	Increase Decrease In Income Taxes Receivable IncreaseDecreaseInIncomeTaxesReceivable	-1499000
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	434194000
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	-155000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	329851000
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	80511000
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	39672000
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	18384000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	3611000
CY2016Q3	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	4284000
	us-gaap	Other Sales Revenue Net OtherSalesRevenueNet	45238000
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	5586000
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	65798000
CY2017Q3	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	3791000
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	-33769000
CY2017Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-13652000
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-49428000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-106953000
CY2016Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-133885000
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	-84143000
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.16
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.58
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.99
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.58
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.65
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.16
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	211875000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.99
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.65
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	146326000
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	146326000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	191237000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	146014000
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	211875000
CY2017Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.02
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	191237000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	146014000
CY2016Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.02
CY2017Q3	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3607000
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.06
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.14
CY2017Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-30162000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	6595000
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	4768000
CY2017Q3	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0
CY2016Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-86522000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-182897000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-235744000
CY2016Q3	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0
	us-gaap	Other Comprehensive Income Loss Tax OtherComprehensiveIncomeLossTax	0
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-19652000
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	15917000
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-7616000
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-75000
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1431000
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	131265000
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	252706000
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	2520000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-726893000
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-61972000
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	471570000
	us-gaap	Payments Of Dividends PaymentsOfDividends	20618000
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3357000
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	255000000
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	282000000
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	95000000
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	138000000
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	80000000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	596895000
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-267586000
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	1420000
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	478000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	2687000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-76374000
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	113346000
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	36972000
	us-gaap	Interest Paid Net InterestPaidNet	18336000
	us-gaap	Interest Paid Net InterestPaidNet	21973000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	3866000
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	44987000
	pten	Increase Decrease In Payables Related To Purchases Of Property And Equipment IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment	48919000
	pten	Increase Decrease In Payables Related To Purchases Of Property And Equipment IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment	16884000
	pten	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued Value NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedValue	1039396000
	pten	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued Value NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssuedValue	6733000
	pten	Net Decrease Increase In Deposits On Equipment Purchases NetDecreaseIncreaseInDepositsOnEquipmentPurchases	1023000
	pten	Net Decrease Increase In Deposits On Equipment Purchases NetDecreaseIncreaseInDepositsOnEquipmentPurchases	4667000
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	781000
	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	327000
CY2016Q4	us-gaap	Deferred Tax Assets Net Current DeferredTaxAssetsNetCurrent	36400000
CY2016Q4	us-gaap	Deferred Tax Assets Gross Noncurrent DeferredTaxAssetsGrossNoncurrent	4100000
CY2016Q4	us-gaap	Deferred Tax Liabilities Gross Noncurrent DeferredTaxLiabilitiesGrossNoncurrent	32300000
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-33769000
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-84143000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-189492000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-240512000
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-33769000
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-84143000
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-189492000
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-240512000
CY2017Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	9973000
CY2016Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	9141000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	9973000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	9141000
CY2017Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	684989000
CY2016Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	326227000
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	1811903000
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	1082554000
CY2017Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-27627000
CY2016Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-117185000
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-189098000
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-346481000
CY2017Q3	pten	Business Acquisition Pro Forma Earnings Loss Per Share BusinessAcquisitionProFormaEarningsLossPerShare	-0.13
CY2016Q3	pten	Business Acquisition Pro Forma Earnings Loss Per Share BusinessAcquisitionProFormaEarningsLossPerShare	-0.56
	pten	Business Acquisition Pro Forma Earnings Loss Per Share BusinessAcquisitionProFormaEarningsLossPerShare	-0.89
	pten	Business Acquisition Pro Forma Earnings Loss Per Share BusinessAcquisitionProFormaEarningsLossPerShare	-1.65
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	0
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	0
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	6687150
	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	10000
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	600000
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	6077150
CY2017Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	143061000
CY2016Q3	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	28677000
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	5421310
CY2016Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	20.68
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	22.29
	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice	24.17
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	20.34
CY2017Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	20.50
CY2017Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1332000
CY2017Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	3910000
CY2016Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	1803000
CY2017Q3	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	35430000
CY2016Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	18388000
CY2017Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	8305759000
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	7129996000
CY2017Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	4107474000
CY2016Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	3721033000
	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	3500000
CY2017Q3	us-gaap	Impairment Of Oil And Gas Properties ImpairmentOfOilAndGasProperties	1300000
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2
CY2016Q4	us-gaap	Goodwill Goodwill	86234000
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	438466000
CY2017Q3	us-gaap	Goodwill Goodwill	524700000
CY2017Q3	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	0
CY2016Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	0
CY2017Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	48000000
CY2017Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	39018000
CY2017Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	8982000
CY2016Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	25500000
CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	22768000
CY2016Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2732000
CY2017Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6600000
CY2016Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	911000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	16300000
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2700000
CY2017Q3	pten	Accrued Salaries Wages Payroll Taxes And Benefits Current AccruedSalariesWagesPayrollTaxesAndBenefitsCurrent	56777000
CY2016Q4	pten	Accrued Salaries Wages Payroll Taxes And Benefits Current AccruedSalariesWagesPayrollTaxesAndBenefitsCurrent	21138000
CY2017Q3	us-gaap	Workers Compensation Liability Current WorkersCompensationLiabilityCurrent	82509000
CY2016Q4	us-gaap	Workers Compensation Liability Current WorkersCompensationLiabilityCurrent	67775000
CY2017Q3	us-gaap	Taxes Payable Current TaxesPayableCurrent	29382000
CY2016Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	6766000
CY2017Q3	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	10881000
CY2016Q4	us-gaap	Accrued Insurance Current AccruedInsuranceCurrent	9566000
CY2017Q3	us-gaap	Interest Payable Current InterestPayableCurrent	14091000
CY2016Q4	us-gaap	Interest Payable Current InterestPayableCurrent	6740000
CY2017Q3	pten	Accrued Merger And Integration Liability Current AccruedMergerAndIntegrationLiabilityCurrent	20538000
CY2017Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	31648000
CY2016Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	27163000
	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2017-09-27
CY2017Q3	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	710000
CY2016Q3	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2000000
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2000000
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	3500000
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	144000000
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	300000000
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	300000000
CY2017Q3	us-gaap	Long Term Debt LongTermDebt	744000000
CY2017Q3	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	59500000
CY2017Q3	us-gaap	Purchase Commitment Remaining Minimum Amount Committed PurchaseCommitmentRemainingMinimumAmountCommitted	191000000
CY2017Q3	us-gaap	Unrecorded Unconditional Purchase Obligation Balance Sheet Amount UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount	86900000
CY2017Q3	us-gaap	Unrecorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year UnrecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear	345000
CY2017Q3	us-gaap	Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary	9500000
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	20618000
CY2017Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.288
CY2016Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.370
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.361
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.358

Files In Submission

Name	View Source	Status
0001564590-17-020970-index-headers.html	Edgar Link	pending
0001564590-17-020970-index.html	Edgar Link	pending
0001564590-17-020970.txt	Edgar Link	pending
0001564590-17-020970-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
pten-10q_20170930.htm	Edgar Link	pending
pten-20170930.xml	Edgar Link	completed
pten-20170930.xsd	Edgar Link	pending
pten-20170930_cal.xml	Edgar Link	unprocessable
pten-20170930_def.xml	Edgar Link	unprocessable
pten-20170930_lab.xml	Edgar Link	unprocessable
pten-20170930_pre.xml	Edgar Link	unprocessable
pten-ex103_450.htm	Edgar Link	pending
pten-ex311_8.htm	Edgar Link	pending
pten-ex312_6.htm	Edgar Link	pending
pten-ex321_9.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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2017 Q3 Form 10-Q Financial Statement

#000156459017020970 Filed on November 02, 2017

Income Statement

Balance Sheet

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Facts In Submission

Files In Submission

$PTEN PATTERSON UTI ENERGY INC Stock $pten

2017 Q3 Form 10-Q Financial Statement

#000156459017020970 Filed on November 02, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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PATTERSON UTI ENERGY INC Stock $pten