XML 38 R19.htm IDEA: XBRL DOCUMENT
v3.20.2

Supplemental Balance Sheet and Income Statement Information | 6 Months Ended
--- | ---
Jun. 30, 2020
Supplemental Balance Sheet and Income Statement Information |
Supplemental Balance Sheet and Income Statement Information | Note 11 Supplemental Balance Sheet and Income Statement Information ​ Accrued liabilities included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30, | ​ | December 31, | ​
​ |  | 2020 |  | 2019 |
​ | ​ | (In thousands) |
Accrued compensation | ​ | $ | 76,640 | ​ | $ | 97,003 | ​
Deferred revenue and proceeds on insurance and asset sales | ​ |  | 69,089 | ​ | ​ | 89,051 | ​
Other taxes payable | ​ |  | 19,872 | ​ | ​ | 31,472 | ​
Workers’ compensation liabilities | ​ |  | 15,214 | ​ |  | 30,214 | ​
Interest payable | ​ |  | 61,003 | ​ |  | 51,316 | ​
Litigation reserves | ​ |  | 14,493 | ​ |  | 14,736 | ​
Dividends declared and payable | ​ |  | 3,653 | ​ |  | 7,832 | ​
Other accrued liabilities | ​ |  | 14,306 | ​ |  | 11,658 | ​
​ | ​ | $ | 274,270 | ​ | $ | 333,282 | ​
​ Investment income (loss) includes the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ |  | June 30, | ​ | June 30, | ​
​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
​ | (In thousands)
Interest and dividend income | ​ | $ | 1,230 | ​ | $ | 2,248 | ​ | $ | 3,603 | ​ | $ | 4,281 | ​
Gains (losses) on marketable securities | ​ |  | 806 | ​ |  | (1,779) | ​ |  | (4,765) | ​ |  | 5,865 | ​
​ | ​ | $ | 2,036 | ​ | $ | 469 | ​ | $ | (1,162) | ​ | $ | 10,146 | ​
​ Other, net included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ |  | June 30, | ​ | June 30, | ​
​ | ​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
​ | (In thousands)
Losses (gains) on sales, disposals and involuntary conversions of long-lived assets | ​ | ​ | $ | 1,037 | ​ | $ | 6,527 | ​ | $ | 2,428 | ​ | $ | 10,160 | ​
Litigation expenses and reserves | ​ | ​ |  | 1,412 | ​ | ​ | (521) | ​ | ​ | 2,112 | ​ | ​ | 6,611 | ​
Foreign currency transaction losses (gains) | ​ | ​ |  | 2,727 | ​ | ​ | 1,398 | ​ | ​ | 2,082 | ​ | ​ | 9,970 | ​
(Gain) loss on debt buyback | ​ | ​ | ​ | (35,936) | ​ | ​ | — | ​ | ​ | (51,678) | ​ | ​ | — | ​
Other losses (gains) | ​ | ​ |  | (35) | ​ | ​ | 495 | ​ | ​ | (2,849) | ​ | ​ | 1,327 | ​
​ | ​ | ​ | $ | (30,795) | ​ | $ | 7,899 | ​ | $ | (47,905) | ​ | $ | 28,068 | ​
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ The changes in accumulated other comprehensive income (loss), by component, included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
​ | ​ | Gains | ​ | Defined | ​ | ​ | ​ | ​ | ​ | ​ |
​ | ​ | (losses) on | ​ | benefit | ​ | Foreign | ​ | ​ | ​ |
​ | ​ | cash flow | ​ | pension plan | ​ | currency | ​ | ​ | ​ |
​ |  | hedges |  | items |  | items |  | Total |
​ | ​ | (In thousands (1) ) |
As of January 1, 2019 | ​ | $ | (492) | ​ | $ | (3,945) | ​ | $ | (24,888) | ​ | $ | (29,325) | ​
Other comprehensive income (loss) before reclassifications | ​ |  | — | ​ | ​ | — | ​ | ​ | 15,539 | ​ | ​ | 15,539 | ​
Amounts reclassified from accumulated other comprehensive income (loss) | ​ |  | 212 | ​ | ​ | 84 | ​ | ​ | — | ​ | ​ | 296 | ​
Net other comprehensive income (loss) | ​ |  | 212 | ​ |  | 84 | ​ |  | 15,539 | ​ |  | 15,835 | ​
As of June 30, 2019 | ​ | $ | (280) | ​ | $ | (3,861) | ​ | $ | (9,349) | ​ | $ | (13,490) | ​
(1) | All amounts are net of tax.
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
​ | ​ | Gains | ​ | Defined | ​ | ​ | ​ | ​ | ​ | ​ |
​ | ​ | (losses) on | ​ | benefit | ​ | Foreign | ​ | ​ | ​ |
​ | ​ | cash flow | ​ | pension plan | ​ | currency | ​ | ​ | ​ |
​ |  | hedges |  | items |  | items |  | Total |
​ | ​ | (In thousands (1) ) |
As of January 1, 2020 | ​ | $ | (65) | ​ | $ | (3,778) | ​ | $ | (7,945) | ​ | $ | (11,788) | ​
Other comprehensive income (loss) before reclassifications | ​ |  | — | ​ |  | — | ​ |  | (10,694) | ​ |  | (10,694) | ​
Amounts reclassified from accumulated other comprehensive income (loss) | ​ |  | 214 | ​ |  | 80 | ​ |  | — | ​ |  | 294 | ​
Net other comprehensive income (loss) | ​ |  | 214 | ​ |  | 80 | ​ |  | (10,694) | ​ |  | (10,400) | ​
As of June 30, 2020 | ​ | $ | 149 | ​ | $ | (3,698) | ​ | $ | (18,639) | ​ | $ | (22,188) | ​
(1) | All amounts are net of tax.
​ The line items that were reclassified to net income included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended | ​ | Six Months Ended | ​
​ | ​ |  | June 30, | ​ | June 30, | ​
​ | ​ |  | 2020 |  | 2019 |  | 2020 |  | 2019 |
​ | (In thousands)
Interest expense | ​ | ​ | $ | 142 | ​ | $ | 142 | ​ | $ | 284 | ​ | $ | 282 | ​
General and administrative expenses | ​ | ​ |  | 52 | ​ |  | 54 | ​ |  | 104 | ​ |  | 108 | ​
Total income (loss) from continuing operations before income tax | ​ | ​ |  | (194) | ​ |  | (196) | ​ |  | (388) | ​ |  | (390) | ​
Tax expense (benefit) | ​ | ​ | ​ | (47) | ​ | ​ | (48) | ​ | ​ | (94) | ​ | ​ | (94) | ​
Reclassification adjustment for (gains)/ losses included in net income (loss) | ​ | ​ | $ | (147) | ​ | $ | (148) | ​ | $ | (294) | ​ | $ | (296) | ​
​

X
- Definition n/a + References No definition available. + Details
Name: | nbr_SupplementalBalanceSheetAndIncomeStatementInformationAbstract
Namespace Prefix: | nbr_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement. + References No definition available. + Details
Name: | us-gaap_AdditionalFinancialInformationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration