Parker Wellbore Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Parent, Guarantor, Non-Guarantor Unaudited Consolidating Financial Statements (Unaudited) - Consolidating Condensed Balance Sheet (Detail)

Parent, Guarantor, Non-Guarantor Unaudited Consolidating Financial Statements (Unaudited) - Consolidating Condensed Balance Sheet (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 48,602	$ 141,549
Restricted cash	10,389	0
Accounts and notes receivable, net	136,437	122,511
Rig materials and supplies	36,245	31,415
Deferred costs	4,353	3,145
Other tax assets	2,949	4,889
Other current assets	27,929	14,327
Total current assets	266,904	317,836
Property, plant and equipment, net	534,371	625,771
Goodwill	0	6,708
Intangible assets, net	4,821	7,128
Rig materials and supplies	12,971	18,788
Deferred income taxes	2,143	1,284
Investment in subsidiaries and intercompany advances	0	0
Other non-current assets	7,204	12,764
Total assets	828,414	990,279
Current Liabilities:
Debtor in possession financing	10,000	0
Accounts payable	39,678	41,523
Accrued liabilities	35,385	57,723
Accrued income taxes	3,385	4,430
Total current liabilities	88,448	103,676
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017	0	577,971
Other long-term liabilities	11,544	12,433
Long-term deferred tax liability	510	78
Intercompany payables	0	0
Total liabilities not subject to compromise	100,502	694,158
Liabilities subject to compromise	600,996	0
Total stockholder's equity	126,916	296,121	$ 339,135	$ 568,512
Total liabilities and stockholders’ equity	828,414	990,279
Reportable Legal Entities \| Parent
Current assets:
Cash and cash equivalents	5,905	75,342
Restricted cash	10,389
Accounts and notes receivable, net	0	0
Rig materials and supplies	0	0
Deferred costs	0	0
Other tax assets	0	0
Other current assets	8,088	0
Total current assets	24,382	75,342
Property, plant and equipment, net	(19)	(19)
Goodwill		0
Intangible assets, net	0	0
Rig materials and supplies	0	0
Deferred income taxes	1,918	15,144
Investment in subsidiaries and intercompany advances	2,871,807	2,955,050
Other non-current assets	(277,183)	(276,375)
Total assets	2,620,905	2,769,142
Current Liabilities:
Debtor in possession financing	10,000
Accounts payable	(200,977)	(137,047)
Accrued liabilities	69,961	85,987
Accrued income taxes	88,494	76,883
Total current liabilities	(32,522)	25,823
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017		577,971
Other long-term liabilities	2,867	2,867
Long-term deferred tax liability	0	0
Intercompany payables	1,918,709	1,865,810
Total liabilities not subject to compromise	1,889,054
Liabilities subject to compromise	600,996
Total stockholder's equity	130,855	296,671
Total liabilities and stockholders’ equity	2,620,905	2,769,142
Reportable Legal Entities \| Guarantor
Current assets:
Cash and cash equivalents	9,321	20,655
Restricted cash	0
Accounts and notes receivable, net	48,598	32,338
Rig materials and supplies	1,650	(3,025)
Deferred costs	975	17
Other tax assets	0	0
Other current assets	10,241	6,345
Total current assets	70,785	56,330
Property, plant and equipment, net	369,529	429,999
Goodwill		6,708
Intangible assets, net	4,821	7,128
Rig materials and supplies	7,036	7,256
Deferred income taxes	(14,806)	(26,623)
Investment in subsidiaries and intercompany advances	3,024,736	2,970,220
Other non-current assets	257,204	257,121
Total assets	3,719,305	3,708,139
Current Liabilities:
Debtor in possession financing	0
Accounts payable	222,903	162,505
Accrued liabilities	11,934	16,742
Accrued income taxes	(67,333)	(56,870)
Total current liabilities	167,504	122,377
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017		0
Other long-term liabilities	4,128	5,741
Long-term deferred tax liability	0	0
Intercompany payables	1,487,904	1,465,745
Total liabilities not subject to compromise	1,659,536
Liabilities subject to compromise	0
Total stockholder's equity	2,059,769	2,114,276
Total liabilities and stockholders’ equity	3,719,305	3,708,139
Reportable Legal Entities \| Non-Guarantor
Current assets:
Cash and cash equivalents	33,376	45,552
Restricted cash	0
Accounts and notes receivable, net	87,839	90,173
Rig materials and supplies	34,002	34,440
Deferred costs	3,378	3,128
Other tax assets	2,949	4,889
Other current assets	9,600	7,982
Total current assets	171,144	186,164
Property, plant and equipment, net	164,861	195,791
Goodwill		0
Intangible assets, net	0	0
Rig materials and supplies	5,935	11,532
Deferred income taxes	15,031	12,763
Investment in subsidiaries and intercompany advances	4,264,747	3,956,747
Other non-current assets	507,932	512,870
Total assets	5,129,650	4,875,867
Current Liabilities:
Debtor in possession financing	0
Accounts payable	511,770	510,083
Accrued liabilities	76,947	78,452
Accrued income taxes	(17,776)	(15,583)
Total current liabilities	570,941	572,952
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017		0
Other long-term liabilities	4,549	3,825
Long-term deferred tax liability	510	78
Intercompany payables	2,719,884	2,430,339
Total liabilities not subject to compromise	3,295,884
Liabilities subject to compromise	0
Total stockholder's equity	1,833,766	1,868,673
Total liabilities and stockholders’ equity	5,129,650	4,875,867
Eliminations
Current assets:
Cash and cash equivalents	0	0
Restricted cash	0
Accounts and notes receivable, net	0	0
Rig materials and supplies	593	0
Deferred costs	0	0
Other tax assets	0	0
Other current assets	0	0
Total current assets	593	0
Property, plant and equipment, net	0	0
Goodwill		0
Intangible assets, net	0	0
Rig materials and supplies	0
Deferred income taxes	0	0
Investment in subsidiaries and intercompany advances	(10,161,290)	(9,882,017)
Other non-current assets	(480,749)	(480,852)
Total assets	(10,641,446)	(10,362,869)
Current Liabilities:
Debtor in possession financing	0
Accounts payable	(494,018)	(494,018)
Accrued liabilities	(123,457)	(123,458)
Accrued income taxes	0	0
Total current liabilities	(617,475)	(617,476)
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017		0
Other long-term liabilities	0	0
Long-term deferred tax liability	0	0
Intercompany payables	(6,126,497)	(5,761,894)
Total liabilities not subject to compromise	(6,743,972)
Liabilities subject to compromise	0
Total stockholder's equity	(3,897,474)	(3,983,499)
Total liabilities and stockholders’ equity	$ (10,641,446)	$ (10,362,869)