XML 27 R18.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Supplemental Balance Sheet and Income Statement Information | 9 Months Ended
--- | ---
Sep. 30, 2022
Supplemental Balance Sheet and Income Statement Information |
Supplemental Balance Sheet and Income Statement Information | Note 10 Supplemental Balance Sheet and Income Statement Information ​ Accrued liabilities included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30, | ​ | December 31, | ​
​ |  | 2022 |  | 2021 |
​ | ​ | (In thousands) |
Accrued compensation | ​ | $ | 74,867 | ​ | $ | 51,993 | ​
Deferred revenue and proceeds on insurance and asset sales | ​ |  | 39,977 | ​ | ​ | 59,816 | ​
Other taxes payable | ​ |  | 37,697 | ​ | ​ | 34,333 | ​
Workers’ compensation liabilities | ​ |  | 6,588 | ​ |  | 6,588 | ​
Interest payable | ​ |  | 55,722 | ​ |  | 71,814 | ​
Litigation reserves | ​ |  | 17,676 | ​ |  | 14,939 | ​
Other accrued liabilities | ​ |  | 9,368 | ​ |  | 7,688 | ​
​ | ​ | $ | 241,895 | ​ | $ | 247,171 | ​
​ Investment income (loss) includes the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ |  | September 30, | ​ | September 30, | ​
​ |  | 2022 |  | 2021 |  | 2022 |  | 2021 |
​ | ​ | (In thousands) | ​
Interest and dividend income | ​ | $ | 4,814 | ​ | $ | 211 | ​ | $ | 6,535 | ​ | $ | 1,214 | ​
Gains (losses) on marketable securities | ​ |  | (1) | ​ |  | (11) | ​ |  | (737) | ​ |  | 187 | ​
​ | ​ | $ | 4,813 | ​ | $ | 200 | ​ | $ | 5,798 | ​ | $ | 1,401 | ​
​ Other, net included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended | ​ | Nine Months Ended | ​
​ | ​ |  | September 30, | ​ | September 30, | ​
​ | ​ |  | 2022 |  | 2021 |  | 2022 |  | 2021 |
​ | (In thousands)
Losses (gains) on sales, disposals and involuntary conversions of long-lived assets | ​ | ​ | $ | 4,650 | ​ | $ | (168) | ​ | $ | 1,129 | ​ | $ | 17,320 | ​
Purchase of technology | ​ | ​ | ​ | — | ​ | ​ | 14,733 | ​ | ​ | — | ​ | ​ | 14,733 | ​
Warrant and derivative valuation | ​ | ​ | ​ | (34,049) | ​ | ​ | — | ​ | ​ | 59,684 | ​ | ​ | — | ​
Impairment of Canada Drilling assets | ​ | ​ | ​ | — | ​ | ​ | 545 | ​ | ​ | — | ​ | ​ | 58,545 | ​
Litigation expenses and reserves | ​ | ​ |  | 4,335 | ​ | ​ | 2,603 | ​ | ​ | 12,463 | ​ | ​ | 5,944 | ​
Foreign currency transaction losses (gains) | ​ | ​ |  | (877) | ​ | ​ | 867 | ​ | ​ | (4,054) | ​ | ​ | 3,394 | ​
(Gain) loss on debt buyback | ​ | ​ | ​ | (1,259) | ​ | ​ | (2,521) | ​ | ​ | (3,236) | ​ | ​ | (10,706) | ​
Other losses (gains) | ​ | ​ |  | 1,246 | ​ | ​ | 6,699 | ​ | ​ | 2,989 | ​ | ​ | 7,329 | ​
​ | ​ | ​ | $ | (25,954) | ​ | $ | 22,758 | ​ | $ | 68,975 | ​ | $ | 96,559 | ​
​ 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, 2021 | ​ | $ | 2 | ​ | $ | (3,616) | ​ | $ | (7,510) | ​ | $ | (11,124) | ​
Other comprehensive income (loss) before reclassifications | ​ |  | — | ​ | ​ | (1,900) | ​ |  | 2,032 | ​ | ​ | 132 | ​
Amounts reclassified from accumulated other comprehensive income (loss) | ​ |  | — | ​ | ​ | 120 | ​ | ​ | — | ​ | ​ | 120 | ​
Net other comprehensive income (loss) | ​ |  | — | ​ |  | (1,780) | ​ |  | 2,032 | ​ |  | 252 | ​
As of September 30, 2021 | ​ | $ | 2 | ​ | $ | (5,396) | ​ | $ | (5,478) | ​ | $ | (10,872) | ​
(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, 2022 | ​ | $ | 2 | ​ | $ | (5,356) | ​ | $ | (5,280) | ​ | $ | (10,634) | ​
Other comprehensive income (loss) before reclassifications | ​ |  | — | ​ |  | 1,428 | ​ |  | (2,481) | ​ |  | (1,053) | ​
Amounts reclassified from accumulated other comprehensive income (loss) | ​ |  | — | ​ |  | 120 | ​ |  | — | ​ |  | 120 | ​
Net other comprehensive income (loss) | ​ |  | — | ​ |  | 1,548 | ​ |  | (2,481) | ​ |  | (933) | ​
As of September 30, 2022 | ​ | $ | 2 | ​ | $ | (3,808) | ​ | $ | (7,761) | ​ | $ | (11,567) | ​
(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, | ​
​ | ​ |  | 2022 |  | 2021 |  | 2022 |  | 2021 |
​ | (In thousands)
General and administrative expenses | ​ | ​ | $ | 52 | ​ | $ | 52 | ​ | $ | 156 | ​ | $ | 156 | ​
Total income (loss) from continuing operations before income tax | ​ | ​ |  | (52) | ​ |  | (52) | ​ |  | (156) | ​ |  | (156) | ​
Tax expense (benefit) | ​ | ​ | ​ | (12) | ​ | ​ | (12) | ​ | ​ | (36) | ​ | ​ | (36) | ​
Reclassification adjustment for (gains)/ losses included in net income (loss) | ​ | ​ | $ | (40) | ​ | $ | (40) | ​ | $ | (120) | ​ | $ | (120) | ​
​

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: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration