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Special Purpose Acquisition Companies (Tables) | 12 Months Ended
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Dec. 31, 2023
NETC |
Special Purpose Acquisition Companies |
Schedule of Special Purpose Acquisition Companies effects on changes in non-controlling interest subject to possible redemption | The following table summarizes NETC’s effects on changes in non-controlling interest subject to possible redemption. ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | 2023 |  | 2022
​ | ​ | (In thousands)
Balance, beginning of year | ​ | $ | 284,841 | ​ | $ | 281,520
Net earnings | ​ | ​ | 5,540 | ​ | ​ | 3,321
Nabors deemed dividends to SPAC public shareholders | ​ |  | 3,055 | ​ | ​ | —
Noncontrolling interest deemed dividends to SPAC public shareholders | ​ |  | 1,774 | ​ | ​ | —
Redemptions and distributions of Trust Account | ​ |  | (295,210) | ​ | ​ | —
Balance as of December 31 | ​ | $ | — | ​ | $ | 284,841
​
NETC II |
Special Purpose Acquisition Companies |
Schedule of Special Purpose Acquisition Companies effects on changes in non-controlling interest subject to possible redemption | The following table summarizes NETC II’s effects on changes in non-controlling interest subject to possible redemption. ​
​ | ​ | ​ | ​
​ |  | 2023
​ | ​ | (In thousands)
Balance, beginning of year | ​ | $ | —
Initial public offering | ​ | ​ | 294,474
Net earnings | ​ |  | 7,438
Nabors deemed dividends to SPAC public shareholders | ​ |  | 5,583
Noncontrolling interest deemed dividends to SPAC public shareholders | ​ |  | 7,993
Balance as of December 31 | ​ | $ | 315,488
​

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