2019 Q1 Form 10-Q Financial Statement
#000156459019013754 Filed on April 29, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
Revenue | $704.2M | $25.96M |
YoY Change | 2612.42% | -91.49% |
Cost Of Revenue | $489.3M | $589.0M |
YoY Change | -16.93% | 155.53% |
Gross Profit | $214.8M | $220.2M |
YoY Change | -2.45% | 194.78% |
Gross Profit Margin | 30.5% | 848.2% |
Selling, General & Admin | $32.56M | $32.82M |
YoY Change | -0.8% | 74.08% |
% of Gross Profit | 15.16% | 14.9% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $214.4M | $209.9M |
YoY Change | 2.14% | 34.38% |
% of Gross Profit | 99.81% | 95.32% |
Operating Expenses | $32.56M | $32.82M |
YoY Change | -0.8% | 74.08% |
Operating Profit | -$23.38M | -$22.10M |
YoY Change | 5.8% | -76.14% |
Interest Expense | $12.98M | $13.63M |
YoY Change | -4.7% | 64.75% |
% of Operating Profit | ||
Other Income/Expense, Net | -$11.84M | -$12.03M |
YoY Change | -1.65% | 53.35% |
Pretax Income | -$35.22M | -$34.14M |
YoY Change | 3.17% | -66.03% |
Income Tax | -$6.604M | $282.0K |
% Of Pretax Income | ||
Net Earnings | -$28.61M | -$34.42M |
YoY Change | -16.86% | -45.83% |
Net Earnings / Revenue | -4.06% | -132.57% |
Basic Earnings Per Share | -$0.14 | -$0.16 |
Diluted Earnings Per Share | -$0.14 | -$0.16 |
COMMON SHARES | ||
Basic Shares Outstanding | 211.9M | 220.8M |
Diluted Shares Outstanding | 211.9M | 220.8M |
Balance Sheet
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $248.9M | $304.3M |
YoY Change | -18.21% | -34.78% |
Cash & Equivalents | $248.9M | $304.3M |
Short-Term Investments | ||
Other Short-Term Assets | $60.90M | $64.60M |
YoY Change | -5.73% | 113.2% |
Inventory | $65.90M | $72.10M |
Prepaid Expenses | ||
Receivables | $548.0M | $596.9M |
Other Receivables | $4.100M | $1.100M |
Total Short-Term Assets | $927.7M | $1.039B |
YoY Change | -10.71% | 42.35% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.927B | $4.217B |
YoY Change | -6.88% | 26.68% |
Goodwill | $412.9M | $611.5M |
YoY Change | -32.48% | |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $37.00M | $70.30M |
YoY Change | -47.37% | 121.07% |
Total Long-Term Assets | $4.440B | $4.977B |
YoY Change | -10.78% | 44.31% |
TOTAL ASSETS | ||
Total Short-Term Assets | $927.7M | $1.039B |
Total Long-Term Assets | $4.440B | $4.977B |
Total Assets | $5.368B | $6.016B |
YoY Change | -10.77% | 43.96% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $260.4M | $359.6M |
YoY Change | -27.59% | 127.31% |
Accrued Expenses | $249.4M | $241.9M |
YoY Change | 3.1% | 78.0% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $0.00 | |
YoY Change | ||
Total Short-Term Liabilities | $511.2M | $601.5M |
YoY Change | -15.01% | 104.45% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.119B | $1.119B |
YoY Change | 0.05% | 86.93% |
Other Long-Term Liabilities | $34.20M | $12.61M |
YoY Change | 171.19% | 26.63% |
Total Long-Term Liabilities | $1.154B | $1.131B |
YoY Change | 1.96% | 85.95% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $511.2M | $601.5M |
Total Long-Term Liabilities | $1.154B | $1.131B |
Total Liabilities | $1.964B | $2.081B |
YoY Change | -5.61% | 37.19% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $2.067B | |
YoY Change | 0.86% | |
Common Stock | $2.798B | |
YoY Change | 83.67% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $935.6M | |
YoY Change | 2.67% | |
Treasury Stock Shares | ||
Shareholders Equity | $3.403B | $3.935B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $5.368B | $6.016B |
YoY Change | -10.77% | 43.96% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$28.61M | -$34.42M |
YoY Change | -16.86% | -45.83% |
Depreciation, Depletion And Amortization | $214.4M | $209.9M |
YoY Change | 2.14% | 34.38% |
Cash From Operating Activities | $183.8M | $150.0M |
YoY Change | 22.58% | 2577.95% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $118.3M | $122.9M |
YoY Change | -3.73% | -279.71% |
Acquisitions | $13.00K | $3.800M |
YoY Change | -99.66% | |
Other Investing Activities | $22.00M | $6.500M |
YoY Change | 238.46% | -74.9% |
Cash From Investing Activities | -$96.30M | -$116.4M |
YoY Change | -17.29% | 173.3% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $8.499M | $4.443M |
YoY Change | 91.29% | 33.58% |
Common Stock Issuance & Retirement, Net | $75.11M | $16.93M |
YoY Change | 343.72% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -83.61M | 228.1M |
YoY Change | -136.65% | -51.28% |
NET CHANGE | ||
Cash From Operating Activities | 183.8M | 150.0M |
Cash From Investing Activities | -96.30M | -116.4M |
Cash From Financing Activities | -83.61M | 228.1M |
Net Change In Cash | 3.872M | 261.6M |
YoY Change | -98.52% | -39.32% |
FREE CASH FLOW | ||
Cash From Operating Activities | $183.8M | $150.0M |
Capital Expenditures | $118.3M | $122.9M |
Free Cash Flow | $65.49M | $27.04M |
YoY Change | 142.16% | -63.45% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2019Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
UnrecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear
|
22300000 | |
CY2018Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
4110000 | |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
28405000 | |
CY2018Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
1408000 | |
CY2019Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
9217000 | |
CY2019Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
23903000 | |
CY2019Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
5574000 | |
CY2018Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
5795000 | |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
704171000 | |
CY2018Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
809164000 | |
CY2019Q1 | pten |
Depreciation Depletion Amortization And Impairment
DepreciationDepletionAmortizationAndImpairment
|
214410000 | |
CY2018Q1 | pten |
Depreciation Depletion Amortization And Impairment
DepreciationDepletionAmortizationAndImpairment
|
209892000 | |
CY2019Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
32555000 | |
CY2018Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
32817000 | |
CY2018Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1991000 | |
CY2019Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
8736000 | |
CY2018Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
2421000 | |
CY2019Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
727554000 | |
CY2018Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
831266000 | |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-23383000 | |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-22102000 | |
CY2019Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1032000 | |
CY2018Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1423000 | |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
12984000 | |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
13625000 | |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
117000 | |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
169000 | |
CY2019Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-11835000 | |
CY2018Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-12033000 | |
CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-35218000 | |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-34135000 | |
CY2019Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-6604000 | |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
282000 | |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-28614000 | |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-34417000 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.14 | |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.16 | |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.14 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.16 | |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
211868000 | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
220783000 | |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
211868000 | |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
220783000 | |
CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.04 | |
CY2018Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.02 | |
CY2019Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
48479000 | |
CY2018Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
40988000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
944000 | |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1984000 | |
CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-27670000 | |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-36401000 | |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
0 | |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
0 | |
CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9338000 | |
CY2019Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
8499000 | |
CY2019Q1 | pten |
Dividend Equivalents
DividendEquivalents
|
110000 | |
CY2019Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
75113000 | |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
485000 | |
CY2018Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
9365000 | |
CY2018Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4443000 | |
CY2018Q1 | pten |
Dividend Equivalents
DividendEquivalents
|
30000 | |
CY2018Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
16928000 | |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3934541000 | |
CY2019Q1 | us-gaap |
Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
|
21000 | |
CY2018Q1 | us-gaap |
Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
|
96000 | |
CY2019Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-6604000 | |
CY2018Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
282000 | |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9338000 | |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9365000 | |
CY2019Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
6545000 | |
CY2018Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
10410000 | |
CY2019Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
221000 | |
CY2018Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
170000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-10929000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
16468000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
-14000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
19000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Inventories And Other Operating Assets
IncreaseDecreaseInInventoriesAndOtherOperatingAssets
|
-6592000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Inventories And Other Operating Assets
IncreaseDecreaseInInventoriesAndOtherOperatingAssets
|
-2709000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-17858000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-22514000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
2871000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
11174000 | |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-915000 | |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
67000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
183832000 | |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
149965000 | |
CY2019Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
13000 | |
CY2018Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
3800000 | |
CY2019Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
118341000 | |
CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
122921000 | |
CY2019Q1 | pten |
Proceeds From Disposal Of Assets And Insurance Claims
ProceedsFromDisposalOfAssetsAndInsuranceClaims
|
22054000 | |
CY2018Q1 | pten |
Proceeds From Disposal Of Assets And Insurance Claims
ProceedsFromDisposalOfAssetsAndInsuranceClaims
|
10294000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-96300000 | |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-116427000 | |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
75113000 | |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
16928000 | |
CY2018Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
485000 | |
CY2019Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
8499000 | |
CY2018Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
4443000 | |
CY2018Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
4198000 | |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
521194000 | |
CY2018Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
79000000 | |
CY2018Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
347000000 | |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-83612000 | |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
228110000 | |
CY2019Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-48000 | |
CY2018Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-225000 | |
CY2019Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
3872000 | |
CY2018Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
261423000 | |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
42828000 | |
CY2018Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
304251000 | |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
10689000 | |
CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2206000 | |
CY2019Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
-15000 | |
CY2018Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
21000 | |
CY2018Q1 | pten |
Receivable From Property And Equipment Insurance
ReceivableFromPropertyAndEquipmentInsurance
|
15000000 | |
CY2019Q1 | pten |
Increase Decrease In Payables Related To Purchases Of Property And Equipment
IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment
|
-10764000 | |
CY2018Q1 | pten |
Increase Decrease In Payables Related To Purchases Of Property And Equipment
IncreaseDecreaseInPayablesRelatedToPurchasesOfPropertyAndEquipment
|
62488000 | |
CY2019Q1 | pten |
Net Decrease Increase In Deposits On Equipment Purchases
NetDecreaseIncreaseInDepositsOnEquipmentPurchases
|
1535000 | |
CY2018Q1 | pten |
Net Decrease Increase In Deposits On Equipment Purchases
NetDecreaseIncreaseInDepositsOnEquipmentPurchases
|
-2294000 | |
CY2019Q1 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
257000 | |
CY2018Q1 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
340000 | |
CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
21036000 | |
CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
63218000 | |
CY2019Q1 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
3039000 | |
CY2019Q1 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
276000 | |
CY2019Q1 | us-gaap |
Lease Cost
LeaseCost
|
3315000 | |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
2728000 | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P5Y | |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.044 | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
8062000 | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
9188000 | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
6661000 | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
4622000 | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
2663000 | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
6552000 | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
37748000 | |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
4628000 | |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
33120000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
11408000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
9069000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
6543000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
4625000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
2663000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
6552000 | |
CY2018Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
40860000 | |
CY2019Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
602000 | |
CY2018Q4 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
347000 | |
CY2019Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
6088000 | |
CY2018Q4 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
6375000 | |
CY2019Q1 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
59181000 | |
CY2018Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
58857000 | |
CY2019Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
8828327000 | |
CY2018Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4801119000 | |
CY2018Q4 | us-gaap |
Goodwill
Goodwill
|
410756000 | |
CY2019Q1 | us-gaap |
Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
|
2104000 | |
CY2019Q1 | us-gaap |
Goodwill
Goodwill
|
412860000 | |
CY2018Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
8803668000 | |
CY2019Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4929809000 | |
CY2019Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
84254000 | |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
106754000 | |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
39870000 | |
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
66884000 | |
CY2019Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3700000 | |
CY2018Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5400000 | |
CY2018Q4 | pten |
Accrued Salaries Wages Payroll Taxes And Benefits Current
AccruedSalariesWagesPayrollTaxesAndBenefitsCurrent
|
58160000 | |
CY2018Q4 | us-gaap |
Workers Compensation Liability Current
WorkersCompensationLiabilityCurrent
|
83772000 | |
CY2018Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
25318000 | |
CY2018Q4 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
9531000 | |
CY2018Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
15774000 | |
CY2019Q1 | pten |
Accrued Merger And Integration Liability Current
AccruedMergerAndIntegrationLiabilityCurrent
|
1890000 | |
CY2018Q4 | pten |
Accrued Merger And Integration Liability Current
AccruedMergerAndIntegrationLiabilityCurrent
|
2403000 | |
CY2019Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
351000 | |
CY2018Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
938000 | |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
300000000 | |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
300000000 | |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
525000000 | |
CY2019Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
1125000000 | |
CY2019Q1 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
51400000 | |
CY2019Q1 | us-gaap |
Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
|
89900000 | |
CY2019Q1 | pten |
Agreement Expire Description
AgreementExpireDescription
|
The agreements expire in years 2019 through 2023. | |
CY2019Q1 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
|
50000000 | |
CY2019Q1 | pten |
Number Of Plaintiffs Finalized For Settlement Alleging Wrongful Death Lawsuits
NumberOfPlaintiffsFinalizedForSettlementAllegingWrongfulDeathLawsuits
|
4 | |
CY2018 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.14 | |
CY2018 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
30589000 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5501150 | |
CY2019Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
0 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5501150 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
5432679 | |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
19.63 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | |
CY2019Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.008 |