Parker Wellbore Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Balance Sheets (Detail)

Balance Sheets (Detail) (USD $) In Thousands, unless otherwise specified	9 Months Ended	12 Months Ended
	Sep. 30, 2012	Dec. 31, 2011	Sep. 30, 2011	Dec. 31, 2010
Current assets:
Cash and cash equivalents	$ 114,127	$ 97,869	$ 103,083	$ 51,431
Accounts and notes receivable, net	160,449	183,923
Rig materials and supplies	22,934	29,947
Deferred costs	1,209	3,249
Deferred income taxes	6,615	6,650
Other tax assets	29,016	25,358
Assets held for sale	11,656	5,315
Other current assets	12,199	15,302
Total current assets	358,205	367,613
Property, plant and equipment, net	773,244	719,809
Other noncurrent assets	25,854	20,513
Total assets	1,256,889	1,216,246
Current liabilities:
Current portion of long-term debt	43,000	145,723
Accounts payable and accrued liabilities	129,712	135,250
Accrued income taxes	5,242	4,837
Total current liabilities	177,954	285,810
Long-term debt	429,462	337,000
Other long-term liabilities	25,270	33,452
Long-term deferred tax liability	15,578	15,934
Contingencies
Stockholders' equity:
Common stock	19,753	19,508
Capital in excess of par value	644,107	637,042
Retained earnings (accumulated deficit)	(54,533)	(111,944)
Total controlling interest stockholders' equity	609,327	544,606
Noncontrolling interest	(702)	(556)
Total Equity	608,625	544,050
Total liabilities and stockholders' equity	1,256,889	1,216,246
Parent [Member]
Current assets:
Cash and cash equivalents	77,468	55,670	60,728	13,835
Accounts and notes receivable, net	289,803	289,512
Other tax assets	81,077	47,834
Other current assets	525	788
Total current assets	448,873	393,804
Property, plant and equipment, net	60	79
Investment in subsidiaries and intercompany advances	733,876	720,214
Other noncurrent assets	41,336	44,962
Total assets	1,224,145	1,159,059
Current liabilities:
Current portion of long-term debt	43,000	145,723
Accounts payable and accrued liabilities	74,494	60,120
Accrued income taxes	(1,014)	(205)
Total current liabilities	116,480	205,638
Long-term debt	429,462	337,000
Other long-term liabilities	3,933	8,081
Long-term deferred tax liability	2,359	1,151
Intercompany payables	62,583	62,583
Contingencies
Stockholders' equity:
Common stock	19,753	19,508
Capital in excess of par value	644,108	637,042
Retained earnings (accumulated deficit)	(54,533)	(111,944)
Total controlling interest stockholders' equity	609,328	544,606
Total Equity	609,328	544,606
Total liabilities and stockholders' equity	1,224,145	1,159,059
Guarantor [Member]
Current assets:
Cash and cash equivalents	7,907	4,212	17,599	2,317
Accounts and notes receivable, net	97,085	94,748
Rig materials and supplies	(796)	762
Deferred income taxes	5,540	5,311
Other tax assets	(55,655)	(25,218)
Other current assets	4,091	6,381
Total current assets	58,172	86,196
Property, plant and equipment, net	531,448	474,942
Investment in subsidiaries and intercompany advances	(199,435)	(212,883)
Other noncurrent assets	68,415	66,660
Total assets	458,600	414,915
Current liabilities:
Accounts payable and accrued liabilities	75,832	94,056
Accrued income taxes	2,227	921
Total current liabilities	78,059	94,977
Other long-term liabilities	6,287	9,474
Long-term deferred tax liability	29,945	25,232
Intercompany payables	43,657	43,657
Contingencies
Stockholders' equity:
Common stock	18,049	18,049
Capital in excess of par value	733,111	733,120
Retained earnings (accumulated deficit)	(450,508)	(509,594)
Total controlling interest stockholders' equity	300,652	241,575
Total Equity	300,652	241,575
Total liabilities and stockholders' equity	458,600	414,915
Non-Guarantor [Member]
Current assets:
Cash and cash equivalents	28,752	37,987	24,756	35,279
Accounts and notes receivable, net	287,958	285,326
Rig materials and supplies	23,730	29,185
Deferred costs	1,209	3,249
Deferred income taxes	1,075	853
Other tax assets	3,594	2,742
Assets held for sale	11,656	5,315
Other current assets	7,583	8,133
Total current assets	365,557	372,790
Property, plant and equipment, net	241,736	244,787
Investment in subsidiaries and intercompany advances	1,382,500	1,347,719
Other noncurrent assets	15,689	16,839
Total assets	2,005,482	1,982,135
Current liabilities:
Accounts payable and accrued liabilities	208,112	181,010
Accrued income taxes	4,029	4,121
Total current liabilities	212,141	185,131
Other long-term liabilities	15,050	15,897
Long-term deferred tax liability	(16,726)	(11,296)
Intercompany payables	103,625	111,619
Contingencies
Stockholders' equity:
Common stock	43,003	43,003
Capital in excess of par value	1,452,440	1,444,091
Retained earnings (accumulated deficit)	196,651	194,246
Total controlling interest stockholders' equity	1,692,094	1,681,340
Noncontrolling interest	(702)	(556)
Total Equity	1,691,392	1,680,784
Total liabilities and stockholders' equity	2,005,482	1,982,135
Eliminations [Member]
Current assets:
Accounts and notes receivable, net	(514,397)	(485,663)
Deferred income taxes		486
Total current assets	(514,397)	(485,177)
Property, plant and equipment, net		1
Investment in subsidiaries and intercompany advances	(1,916,941)	(1,855,050)
Other noncurrent assets		363
Total assets	(2,431,338)	(2,339,863)
Current liabilities:
Accounts payable and accrued liabilities	(228,726)	(199,936)
Total current liabilities	(228,726)	(199,936)
Long-term deferred tax liability		847
Intercompany payables	(209,865)	(217,859)
Contingencies
Stockholders' equity:
Common stock	(61,052)	(61,052)
Capital in excess of par value	(2,185,552)	(2,177,211)
Retained earnings (accumulated deficit)	253,857	315,348
Total controlling interest stockholders' equity	(1,992,747)	(1,922,915)
Total Equity	(1,992,747)	(1,922,915)
Total liabilities and stockholders' equity	$ (2,431,338)	$ (2,339,863)