XML 28 R17.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Supplemental Balance Sheet and Income Statement Information | 3 Months Ended
--- | ---
Mar. 31, 2024
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: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, | ​ | December 31,
​ |  | 2024 |  | 2023
​ | ​ | (In thousands)
Accrued compensation | ​ | $ | 58,662 | ​ | $ | 58,769
Deferred revenue | ​ |  | 28,877 | ​ | ​ | 29,233
Other taxes payable | ​ |  | 32,217 | ​ | ​ | 41,322
Workers’ compensation liabilities | ​ |  | 6,588 | ​ |  | 6,588
Interest payable | ​ |  | 57,174 | ​ |  | 57,607
Litigation reserves | ​ |  | 20,599 | ​ |  | 19,924
Other accrued liabilities | ​ |  | 15,595 | ​ |  | 16,797
​ | ​ | $ | 219,712 | ​ | $ | 230,240
​ Investment income (loss) includes the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended
​ | ​ | March 31,
​ |  | 2024 |  | 2023
​ | ​ | (In thousands)
Interest and dividend income | ​ | $ | 10,192 | ​ | $ | 9,514
Gains (losses) on marketable securities | ​ |  | 9 | ​ |  | 352
​ | ​ | $ | 10,201 | ​ | $ | 9,866
​ Other, net included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended
​ | ​ | ​ | March 31,
​ | ​ |  | 2024 |  | 2023
​ | ​ | ​ | (In thousands)
Losses on sales, disposals and involuntary conversions of long-lived assets | ​ | ​ | $ | 4,603 | ​ | $ | 336
Energy transition initiatives | ​ | ​ | ​ | 308 | ​ | ​ | 7,100
Warrant and derivative valuation | ​ | ​ | ​ | (5,679) | ​ | ​ | (34,314)
Litigation expenses and reserves | ​ | ​ | ​ | 2,550 | ​ | ​ | 2,603
Foreign currency transaction losses | ​ | ​ | ​ | 11,394 | ​ | ​ | 6,454
Loss (gain) on debt buyback | ​ | ​ | ​ | 2,576 | ​ | ​ | (24,856)
Other losses (gains) | ​ | ​ | ​ | 356 | ​ | ​ | 302
​ | ​ | ​ | $ | 16,108 | ​ | $ | (42,375)
​ 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, 2023 | ​ | $ | 2 | ​ | $ | (3,767) | ​ | $ | (7,273) | ​ | $ | (11,038)
Other comprehensive income (loss) before reclassifications | ​ |  | — | ​ | ​ | — | ​ |  | 58 | ​ | ​ | 58
Amounts reclassified from accumulated other comprehensive income (loss) | ​ |  | — | ​ | ​ | 40 | ​ | ​ | — | ​ | ​ | 40
Net other comprehensive income (loss) | ​ |  | — | ​ |  | 40 | ​ |  | 58 | ​ |  | 98
As of March 31, 2023 | ​ | $ | 2 | ​ | $ | (3,727) | ​ | $ | (7,215) | ​ | $ | (10,940)
(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, 2024 | ​ | $ | 2 | ​ | $ | (3,606) | ​ | $ | (7,228) | ​ | $ | (10,832)
Other comprehensive income (loss) before reclassifications | ​ |  | — | ​ |  | — | ​ |  | (134) | ​ |  | (134)
Amounts reclassified from accumulated other comprehensive income (loss) | ​ |  | — | ​ |  | 41 | ​ |  | — | ​ |  | 41
Net other comprehensive income (loss) | ​ |  | — | ​ |  | 41 | ​ |  | (134) | ​ |  | (93)
As of March 31, 2024 | ​ | $ | 2 | ​ | $ | (3,565) | ​ | $ | (7,362) | ​ | $ | (10,925)
(1) | All amounts are net of tax.
​ The line items that were reclassified to net income included the following: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Three Months Ended
​ | ​ | ​ | March 31,
​ | ​ |  | 2024 |  | 2023
​ | (In thousands)
General and administrative expenses | ​ | ​ | $ | 53 | ​ | $ | 52
Total income (loss) before income tax | ​ | ​ |  | (53) | ​ |  | (52)
Tax expense (benefit) | ​ | ​ | ​ | (12) | ​ | ​ | (12)
Reclassification adjustment for (gains)/ losses included in net income (loss) | ​ | ​ | $ | (41) | ​ | $ | (40)
​

X
- 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