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Supplemental Balance Sheet, Income Statement and Cash Flow Information | 9 Months Ended
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Sep. 30, 2017
Supplemental Balance Sheet, Income Statement and Cash Flow Information |
Supplemental Balance Sheet, Income Statement and Cash Flow Information | Note 10 Supplemental Balance Sheet and Income Statement Information Accrued liabilities included the following:
|  | September 30, |  | December 31, |
|  | 2017 |  | 2016 |
|  | (In thousands) |
Accrued compensation |  | $ | 112,277 |  | $ | 116,775 |
Deferred revenue |  |  | 241,812 |  |  | 255,626 |
Other taxes payable |  |  | 25,306 |  |  | 16,419 |
Workers’ compensation liabilities |  |  | 18,255 |  |  | 18,255 |
Interest payable |  |  | 21,187 |  |  | 57,233 |
Litigation reserves |  |  | 19,675 |  |  | 24,896 |
Current liability to discontinued operations |  |  | 6,063 |  |  | 5,462 |
Dividends declared and payable |  |  | 17,153 |  |  | 17,039 |
Other accrued liabilities |  |  | 23,619 |  |  | 31,543 |
|  | $ | 485,347 |  | $ | 543,248 |
Other, net included the following:
|  |  | Three Months Ended |  | Nine Months Ended |
|  |  | September 30, |  | September 30, |
|  |  | 2017 |  | 2016 |  | 2017 |  | 2016 |
| (In thousands)
Losses (gains) on sales, disposals and involuntary conversions of long-lived assets |  |  | $ | 10,009 |  | $ | 6,546 |  | $ | 10,142 |  | $ | 40,527 | (1)
Other-than-temporary impairment of equity security (2) |  |  |  | — |  |  | 3,495 |  |  | — |  |  | 3,495 |
Charges related to our CJES holdings (3) |  |  |  | — |  |  | — |  |  | — |  |  | 220,117 |
Provision for International operations (4) |  |  |  | — |  |  | 1,128 |  |  | — |  |  | 1,128 |
Litigation expenses and reserves |  |  |  | (2,387) |  |  | 2,327 |  |  | (777) |  |  | 2,651 |
Foreign currency transaction losses (gains) |  |  |  | (763) |  |  | (1,102) |  |  | 1,727 |  |  | 5,916 |
(Gain) loss on debt buyback |  |  |  | 69 |  |  | (680) |  |  | 16,013 |  |  | (6,707) |
Other losses (gains) |  |  |  | (1,369) |  |  | (1,322) |  |  | 2,068 |  |  | 276 |
|  |  | $ | 5,559 |  | $ | 10,392 |  | $ | 29,173 |  | $ | 267,403 |
| (1) |  | Includes charges of $22.4 million for the nine months ended September 30, 2016 related to a reserve for amounts associated with our retained interest in the oil and gas properties located on the North Slope of Alaska and a $3.8 million charge to reduce the carrying value of one of our jack-up rigs, which was re-classified as assets held for sale at June 30, 2016, to its estimated fair value based on expected sales price.
| (2) |  | Represents an other-than-temporary impairment charge related to an equity security. Because the trading price of this security remained below our cost basis for an extended period, we determined the investment was other than temporarily impaired and it was appropriate to write down the investment’s carrying value to its current estimated fair value.
| (3) |  | Represents impairment charges related to our CJES holdings. See Note 4 — Investments in Unconsolidated Affiliates.
| (4) |  | Represents an obligation associated with the decision to exit a non-core business line in the region of $1.1 million for each of the three and nine months ended September 30, 2016.
The changes in accumulated other comprehensive income (loss), by component, included the following:
|  |  |  |  | Unrealized |  |  |  |  |  |  |  |  |  |
|  | Gains |  | gains (losses) |  | Defined |  |  |  |  |  |  |
|  | (losses) on |  | on available- |  | benefit |  | Foreign |  |  |  |
|  | cash flow |  | for-sale |  | pension plan |  | currency |  |  |  |
|  | hedges |  | securities |  | items |  | items |  | Total |
|  | (In thousands (1) ) |
As of January 1, 2016 |  | $ | (1,670) |  | $ | (314) |  | $ | (6,568) |  | $ | (39,041) |  | $ | (47,593) |
Other comprehensive income (loss) before reclassifications |  |  | — |  |  | 3,551 |  |  | — |  |  | 27,870 |  |  | 31,421 |
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | 472 |  |  | 3,495 |  |  | 280 |  |  | — |  |  | 4,247 |
Net other comprehensive income (loss) |  |  | 472 |  |  | 7,046 |  |  | 280 |  |  | 27,870 |  |  | 35,668 |
As of September 30, 2016 |  | $ | (1,198) |  | $ | 6,732 |  | $ | (6,288) |  | $ | (11,171) |  | $ | (11,925) |
| (1) |  | All amounts are net of tax.
|  |  |  |  | Unrealized |  |  |  |  |  |  |  |  |  |
|  | Gains |  | gains (losses) |  | Defined |  |  |  |  |  |  |
|  | (losses) on |  | on available- |  | benefit |  | Foreign |  |  |  |
|  | cash flow |  | for-sale |  | pension plan |  | currency |  |  |  |
|  | hedges |  | securities |  | items |  | items |  | Total |
|  | (In thousands (1) ) |
As of January 1, 2017 |  | $ | (1,296) |  | $ | 14,235 |  | $ | (3,760) |  | $ | (21,298) |  | $ | (12,119) |
Other comprehensive income (loss) before reclassifications |  |  | — |  |  | (5,122) |  |  | — |  |  | 31,183 |  |  | 26,061 |
Amounts reclassified from accumulated other comprehensive income (loss) |  |  | 281 |  |  | 1,341 |  |  | 93 |  |  | — |  |  | 1,715 |
Net other comprehensive income (loss) |  |  | 281 |  |  | (3,781) |  |  | 93 |  |  | 31,183 |  |  | 27,776 |
As of September 30, 2017 |  | $ | (1,015) |  | $ | 10,454 |  | $ | (3,667) |  | $ | 9,885 |  | $ | 15,657 |
| (1) |  | All amounts are net of tax.
The line items that were reclassified to net income included the following:
|  |  | Three Months Ended |  | Nine Months Ended |
|  |  | September 30, |  | September 30, |
|  |  | 2017 |  | 2016 |  | 2017 |  | 2016 |
| (In thousands)
Interest expense |  |  | $ | 153 |  | $ | 153 |  | $ | 459 |  | $ | 459 |
General and administrative expenses |  |  |  | 50 |  |  | 297 |  |  | 150 |  |  | 765 |
Other expense (income), net |  |  |  | — |  |  | 3,495 |  |  | 1,341 |  |  | 3,495 |
Total income (loss) from continuing operations before income tax |  |  |  | (203) |  |  | (3,945) |  |  | (1,950) |  |  | (4,719) |
Tax expense (benefit) |  |  |  | (78) |  |  | (172) |  |  | (235) |  |  | (472) |
Reclassification adjustment for (gains)/ losses included in net income (loss) |  |  | $ | (125) |  | $ | (3,773) |  | $ | (1,715) |  | $ | (4,247) |

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