Annual report pursuant to Section 13 and 15(d)

Parent, Guarantor, Non-Guarantor Unaudited Consolidating Condensed Financial Statements - Consolidated Condensed Statements of Cash Flows (Detail)

v3.8.0.1
Parent, Guarantor, Non-Guarantor Unaudited Consolidating Condensed Financial Statements - Consolidated Condensed Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities:      
Net income (loss) $ (118,701) $ (230,814) $ (94,284)
Adjustments to reconcile net income (loss):      
Depreciation and amortization 122,373 139,795 156,194
Accretion of contingent consideration 0 419 826
Loss on extinguishment of debt   1,088 0
(Gain) loss on disposition of assets 2,851 1,613 (1,643)
Deferred tax expense (benefit) (224) 69,062 2,709
Excess tax benefit (expense) from stock-based compensation 0   (1,045)
Provision for reduction in carrying value of certain assets 1,938 0 12,490
Expenses not requiring cash 4,251 2,518 6,136
Equity in net earnings of subsidiaries 0 0 0
Change in assets and liabilities:      
Accounts and notes receivable (9,628) 60,391 103,995
Rig materials and supplies 4,710 (1,752) 2,722
Other current assets (1,319) 2,140 12,548
Accounts payable and accrued liabilities (8,714) (19,494) (27,425)
Accrued income taxes 538 (6,422) (7,957)
Other assets 8,658 3,897 (3,156)
Net cash provided by (used in) operating activities 6,733 22,441 162,110
Cash flows from investing activities:      
Capital expenditures (54,533) (28,954) (88,197)
Proceeds from the sale of assets 403 2,441 830
Proceeds from insurance settlements 0 0 2,500
Acquisitions, net of cash acquired 0 0 (13,806)
Divestitures, net of cash paid 0 0 (2,570)
Net cash provided by (used in) investing activities (54,130) (26,513) (101,243)
Cash flows from financing activities:      
Proceeds from the issuance of common stock 25,200 0 0
Proceeds from the issuance of mandatory convertible preferred stock 50,000 0 0
Payment of equity issuance costs (2,864) 0 0
Mandatory convertible preferred stock dividend (2,145) 0 0
Shares surrendered in lieu of tax (936) (1,156) (1,033)
Payment for noncontrolling interest 0 (3,375) 0
Payment of contingent consideration 0 (6,000) (2,000)
Intercompany advances, net   0 0
Proceeds from debt issuance     0
Repayments of long-term debt 0 0 (30,000)
Payments of debt issuance costs 0 0 (1,996)
Net cash provided by (used in) financing activities 69,255 (10,531) (35,029)
Net increase (decrease) in cash and cash equivalents 21,858 (14,603) 25,838
Cash and cash equivalents at beginning of year 119,691 134,294 108,456
Cash and cash equivalents at end of year 141,549 119,691 134,294
Reportable Legal Entities | Parent      
Cash flows from operating activities:      
Net income (loss) (118,701) (230,814) (95,073)
Adjustments to reconcile net income (loss):      
Depreciation and amortization 0 0 0
Accretion of contingent consideration   0 0
Loss on extinguishment of debt   1,088 0
(Gain) loss on disposition of assets 0 0 0
Deferred tax expense (benefit) 4,785 47,971 (18,715)
Excess tax benefit (expense) from stock-based compensation     (1,045)
Provision for reduction in carrying value of certain assets   0  
Expenses not requiring cash 5,651 9,545 7,344
Equity in net earnings of subsidiaries 40,752 94,469 36,631
Change in assets and liabilities:      
Accounts and notes receivable 0 0 (33)
Rig materials and supplies 0 0 0
Other current assets (50,296) 50,296 19,885
Accounts payable and accrued liabilities (4,393) (121,016) 10,228
Accrued income taxes 79,319 (10,381) 15,368
Other assets 24,722 (299) (198,955)
Net cash provided by (used in) operating activities (58,913) (159,141) (224,365)
Cash flows from investing activities:      
Capital expenditures 0 0 0
Proceeds from the sale of assets 0 0 0
Proceeds from insurance settlements     0
Acquisitions, net of cash acquired     (3,375)
Divestitures, net of cash paid     0
Net cash provided by (used in) investing activities 0 0 (3,375)
Cash flows from financing activities:      
Proceeds from the issuance of common stock 25,200    
Proceeds from the issuance of mandatory convertible preferred stock 50,000    
Payment of equity issuance costs (2,864)    
Mandatory convertible preferred stock dividend (2,145)    
Shares surrendered in lieu of tax (936) (1,156) (1,033)
Payment for noncontrolling interest   (3,375)  
Payment of contingent consideration   0 0
Intercompany advances, net   154,687 298,026
Proceeds from debt issuance     0
Repayments of long-term debt     (30,000)
Payments of debt issuance costs     (1,996)
Net cash provided by (used in) financing activities 69,255 150,156 264,997
Net increase (decrease) in cash and cash equivalents 10,342 (8,985) 37,257
Cash and cash equivalents at beginning of year 65,000 73,985 36,728
Cash and cash equivalents at end of year 75,342 65,000 73,985
Reportable Legal Entities | Guarantor      
Cash flows from operating activities:      
Net income (loss) (1,611) (49,625) (13,875)
Adjustments to reconcile net income (loss):      
Depreciation and amortization 81,260 90,218 95,071
Accretion of contingent consideration   419 826
Loss on extinguishment of debt   0 0
(Gain) loss on disposition of assets 247 565 (439)
Deferred tax expense (benefit) (7,750) 14,846 11,718
Excess tax benefit (expense) from stock-based compensation     0
Provision for reduction in carrying value of certain assets   0 2,088
Expenses not requiring cash (218) (1,624) 854
Equity in net earnings of subsidiaries 0 0 0
Change in assets and liabilities:      
Accounts and notes receivable (16,540) 25,923 61,818
Rig materials and supplies (760) (73) 51
Other current assets 34,941 (35,322) (16,257)
Accounts payable and accrued liabilities 56,354 97,315 (21,396)
Accrued income taxes (60,882) (626) (9,405)
Other assets (35,829) 101 186,591
Net cash provided by (used in) operating activities 49,212 142,117 297,645
Cash flows from investing activities:      
Capital expenditures (42,990) (15,384) (58,817)
Proceeds from the sale of assets 68 437 500
Proceeds from insurance settlements     0
Acquisitions, net of cash acquired     (10,431)
Divestitures, net of cash paid     0
Net cash provided by (used in) investing activities (42,922) (14,947) (68,748)
Cash flows from financing activities:      
Proceeds from the issuance of common stock 0    
Proceeds from the issuance of mandatory convertible preferred stock 0    
Payment of equity issuance costs 0    
Mandatory convertible preferred stock dividend 0    
Shares surrendered in lieu of tax 0    
Payment for noncontrolling interest   0  
Payment of contingent consideration   (6,000) (2,000)
Intercompany advances, net   (120,659) (226,589)
Proceeds from debt issuance     0
Repayments of long-term debt     0
Payments of debt issuance costs     0
Net cash provided by (used in) financing activities 0 (126,659) (228,589)
Net increase (decrease) in cash and cash equivalents 6,290 511 308
Cash and cash equivalents at beginning of year 14,365 13,854 13,546
Cash and cash equivalents at end of year 20,655 14,365 13,854
Reportable Legal Entities | Non-Guarantor      
Cash flows from operating activities:      
Net income (loss) (39,141) (44,844) (21,967)
Adjustments to reconcile net income (loss):      
Depreciation and amortization 41,113 49,577 61,123
Accretion of contingent consideration   0 0
Loss on extinguishment of debt   0 0
(Gain) loss on disposition of assets 2,604 1,048 (1,204)
Deferred tax expense (benefit) 2,741 6,245 9,706
Excess tax benefit (expense) from stock-based compensation     0
Provision for reduction in carrying value of certain assets 1,938 0 10,402
Expenses not requiring cash 9,880 (5,403) (2,062)
Equity in net earnings of subsidiaries 0 0 0
Change in assets and liabilities:      
Accounts and notes receivable 13,483 34,468 42,210
Rig materials and supplies 5,470 (1,679) 2,671
Other current assets 14,036 (12,834) 8,920
Accounts payable and accrued liabilities 262,884 4,207 (16,257)
Accrued income taxes (17,899) 4,585 (13,920)
Other assets (280,675) 4,095 9,208
Net cash provided by (used in) operating activities 16,434 39,465 88,830
Cash flows from investing activities:      
Capital expenditures (11,543) (13,570) (29,380)
Proceeds from the sale of assets 335 2,004 330
Proceeds from insurance settlements     2,500
Acquisitions, net of cash acquired     0
Divestitures, net of cash paid     (2,570)
Net cash provided by (used in) investing activities (11,208) (11,566) (29,120)
Cash flows from financing activities:      
Proceeds from the issuance of common stock 0    
Proceeds from the issuance of mandatory convertible preferred stock 0    
Payment of equity issuance costs 0    
Mandatory convertible preferred stock dividend 0    
Shares surrendered in lieu of tax 0    
Payment for noncontrolling interest   0  
Payment of contingent consideration   0 0
Intercompany advances, net   (34,028) (71,437)
Proceeds from debt issuance     0
Repayments of long-term debt     0
Payments of debt issuance costs     0
Net cash provided by (used in) financing activities 0 (34,028) (71,437)
Net increase (decrease) in cash and cash equivalents 5,226 (6,129) (11,727)
Cash and cash equivalents at beginning of year 40,326 46,455 58,182
Cash and cash equivalents at end of year 45,552 40,326 46,455
Eliminations      
Cash flows from operating activities:      
Net income (loss) 40,752 94,469 36,631
Adjustments to reconcile net income (loss):      
Depreciation and amortization 0 0 0
Accretion of contingent consideration   0 0
Loss on extinguishment of debt   0 0
(Gain) loss on disposition of assets 0 0 0
Deferred tax expense (benefit) 0 0 0
Excess tax benefit (expense) from stock-based compensation     0
Provision for reduction in carrying value of certain assets   0  
Expenses not requiring cash (11,062) 0 0
Equity in net earnings of subsidiaries (40,752) (94,469) (36,631)
Change in assets and liabilities:      
Accounts and notes receivable (6,571) 0 0
Rig materials and supplies 0 0 0
Other current assets 0 0 0
Accounts payable and accrued liabilities (323,559) 0 0
Accrued income taxes 0 0 0
Other assets 300,440 0 0
Net cash provided by (used in) operating activities 0 0 0
Cash flows from investing activities:      
Capital expenditures 0 0 0
Proceeds from the sale of assets 0 0 0
Proceeds from insurance settlements     0
Acquisitions, net of cash acquired     0
Divestitures, net of cash paid     0
Net cash provided by (used in) investing activities 0 0 0
Cash flows from financing activities:      
Proceeds from the issuance of common stock 0    
Proceeds from the issuance of mandatory convertible preferred stock 0    
Payment of equity issuance costs 0    
Mandatory convertible preferred stock dividend 0    
Shares surrendered in lieu of tax 0    
Payment for noncontrolling interest   0  
Payment of contingent consideration   0 0
Intercompany advances, net   0 0
Proceeds from debt issuance     0
Repayments of long-term debt     0
Payments of debt issuance costs     0
Net cash provided by (used in) financing activities 0 0 0
Net increase (decrease) in cash and cash equivalents 0 0 0
Cash and cash equivalents at beginning of year 0 0 0
Cash and cash equivalents at end of year $ 0 $ 0 $ 0