XML 49 R35.htm IDEA: XBRL DOCUMENT
v3.20.2

Stock-based Compensation (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] |
Stock Option Activity | Stock option activity from January 1, 2020 to June 30, 2020 follows:
|  |  |  |  | Weighted |
|  |  |  |  | Average |
| Underlying |  |  | Exercise Price |
| Shares |  |  | Per Share |
Outstanding at January 1, 2020 |  | 4,766,150 |  |  | $ | 20.62 |
Exercised |  | — |  |  | $ | — |
Expired |  | (710,000 | ) |  | $ | 14.83 |
Outstanding at June 30, 2020 |  | 4,056,150 |  |  | $ | 21.63 |
Exercisable at June 30, 2020 |  | 4,026,150 |  |  | $ | 21.65 |
Restricted Stock Activity | Restricted stock activity from January 1, 2020 to June 30, 2020 follows:
|  |  |  |  | Weighted |
|  |  |  |  | Average Grant |
|  |  |  |  | Date Fair Value |
| Shares |  |  | Per Share |
Non-vested restricted stock outstanding at January 1, 2020 |  | 72,051 |  |  | $ | 21.59 |
Vested |  | (72,051 | ) |  | $ | 21.59 |
Forfeited |  | — |  |  | $ | — |
Non-vested restricted stock outstanding at June 30, 2020 |  | — |  |  | $ | — |
Restricted Stock Unit Activity | Restricted stock unit activity from January 1, 2020 to June 30, 2020 follows:
|  |  |  |  |  |  |  |  | Weighted |
|  |  |  |  |  |  |  |  | Average Grant |
| Time |  |  | Performance |  |  | Date Fair Value |
| Based |  |  | Based |  |  | Per Share |
Non-vested restricted stock units outstanding at January 1, 2020 |  | 2,631,726 |  |  |  | 397,315 |  |  | $ | 15.81 |
Granted |  | 1,691,246 |  |  |  | — |  |  | $ | 4.25 |
Vested |  | (864,013 | ) |  |  | — |  |  | $ | 15.05 |
Forfeited |  | (248,276 | ) |  |  | — |  |  | $ | 14.07 |
Non-vested restricted stock units outstanding at June 30, 2020 |  | 3,210,683 |  |  |  | 397,315 |  |  | $ | 10.69 |
Performance Units | The total target number of shares with respect to the Performance Units for the awards granted in 2016-2020 is set forth below:
| 2020 |  |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2016 |
| Performance |  |  | Performance |  |  | Performance |  |  | Performance |  |  | Performance |
| Unit Awards |  |  | Unit Awards |  |  | Unit Awards |  |  | Unit Awards |  |  | Unit Awards |
Target number of shares |  | 500,500 |  |  |  | 489,800 |  |  |  | 310,700 |  |  |  | 186,198 |  |  |  | 185,000 |
Fair Value of Performance Units | The fair value of the Performance Units is set forth below (in thousands):
| 2020 |  |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2016 |
| Performance |  |  | Performance |  |  | Performance |  |  | Performance |  |  | Performance |
| Unit Awards |  |  | Unit Awards |  |  | Unit Awards |  |  | Unit Awards |  |  | Unit Awards |
Fair value at date of grant | $ | 826 |  |  | $ | 9,958 |  |  | $ | 8,004 |  |  | $ | 5,780 |  |  | $ | 3,854 |
Compensation Expense Associated with Performance Units | Compensation expense associated with the Performance Units is shown below (in thousands):
| 2020 |  |  | 2019 |  |  | 2018 |  |  | 2017 |  |  | 2016 |
| Performance |  |  | Performance |  |  | Performance |  |  | Performance |  |  | Performance |
| Unit Awards |  |  | Unit Awards |  |  | Unit Awards |  |  | Unit Awards |  |  | Unit Awards |
Three months ended June 30, 2020 | $ | 69 |  |  | $ | 830 |  |  | $ | 667 |  |  | $ | 161 |  |  | $ | — |
Three months ended June 30, 2019 | $ | — |  |  | $ | 830 |  |  | $ | 667 |  |  | $ | 482 |  |  | $ | — |
Six months ended June 30, 2020 | $ | 69 |  |  | $ | 1,660 |  |  | $ | 1,334 |  |  | $ | 642 |  |  | $ | — |
Six months ended June 30, 2019 | $ | — |  |  | $ | 830 |  |  | $ | 1,334 |  |  | $ | 963 |  |  | $ | 321 |

X
- Definition Share based compensation arrangement by share based payment award fair value. + References No definition available. + Details
Name: | pten_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueTableTextBlock
Namespace Prefix: | pten_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -URI http://asc.fasb.org/extlink&oid=115993241&loc=d3e301413-122809 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5047-113901 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration