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

Quarterly report pursuant to Section 13 or 15(d)

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

Parent, Guarantor, Non-Guarantor Unaudited Consolidating Condensed Financial Statements - Consolidating Condensed Balance Sheet (Detail) (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 113,199	$ 108,456	$ 93,061	$ 148,689
Accounts and notes receivable, net	279,420	270,952
Rig materials and supplies	50,336us-gaap_InventoryNet	47,943us-gaap_InventoryNet
Deferred costs	6,432us-gaap_DeferredCostsCurrent	5,673us-gaap_DeferredCostsCurrent
Deferred income taxes	5,648us-gaap_DeferredTaxAssetsLiabilitiesNet	7,476us-gaap_DeferredTaxAssetsLiabilitiesNet
Other tax assets	9,200	10,723
Other current assets	19,018us-gaap_OtherAssetsCurrent	18,556us-gaap_OtherAssetsCurrent
Total current assets	483,253us-gaap_AssetsCurrent	469,779us-gaap_AssetsCurrent
Property, plant and equipment, net	885,233us-gaap_PropertyPlantAndEquipmentNet	895,940us-gaap_PropertyPlantAndEquipmentNet
Investment in subsidiaries and intercompany advances		0
Deferred Income Taxes and Other Assets, Noncurrent	171,829	154,940
Total assets	1,540,315us-gaap_Assets	1,520,659us-gaap_Assets
Current liabilities:
Current portion of long-term debt	0us-gaap_LongTermDebtCurrent	10,000us-gaap_LongTermDebtCurrent
Accounts payable and accrued liabilities	193,932	154,479
Accrued income taxes	15,467us-gaap_AccruedIncomeTaxesCurrent	14,186us-gaap_AccruedIncomeTaxesCurrent
Total current liabilities	209,399us-gaap_LiabilitiesCurrent	178,665us-gaap_LiabilitiesCurrent
Long-term debt	585,000us-gaap_LongTermDebtNoncurrent	605,000us-gaap_LongTermDebtNoncurrent
Other long-term liabilities	18,559us-gaap_OtherLiabilitiesNoncurrent	18,665us-gaap_OtherLiabilitiesNoncurrent
Long-term deferred tax liability	58,312	52,115
Intercompany payables	0pkd_IntercompanyPayables	0pkd_IntercompanyPayables
Total liabilities	871,270us-gaap_Liabilities	854,445us-gaap_Liabilities
Total equity	669,045	666,214
Total liabilities and stockholders’ equity	1,540,315	1,520,659
Parent [Member]
Current assets:
Cash and cash equivalents	31,704	36,728	30,649	88,697
Accounts and notes receivable, net	(52)	(33)
Rig materials and supplies	0	0
Deferred costs	0	0
Deferred income taxes	0	0
Other tax assets	0	19,885
Other current assets	0	0
Total current assets	31,652	56,580
Property, plant and equipment, net	(19)	(19)
Investment in subsidiaries and intercompany advances		3,060,867
Deferred Income Taxes and Other Assets, Noncurrent	(438,614)	(440,918)
Total assets	2,719,797	2,676,510
Current liabilities:
Current portion of long-term debt	0	10,000
Accounts payable and accrued liabilities	67,054	77,603
Accrued income taxes	(16,195)	(4,061)
Total current liabilities	50,859	83,542
Long-term debt	585,000	605,000
Other long-term liabilities	2,869	2,867
Long-term deferred tax liability	0	0
Intercompany payables	1,413,346	1,322,172
Total liabilities	2,052,074	2,013,581
Total equity	667,723	662,929
Total liabilities and stockholders’ equity	2,719,797	2,676,510
Guarantor [Member]
Current assets:
Cash and cash equivalents	10,944	13,546	15,916	8,310
Accounts and notes receivable, net	110,172	96,100
Rig materials and supplies	(3,551)	(1,473)
Deferred costs	0	0
Deferred income taxes	3,963	6,131
Other tax assets	270	(18,273)
Other current assets	5,762	7,999
Total current assets	127,560	104,030
Property, plant and equipment, net	587,126	589,055
Investment in subsidiaries and intercompany advances		2,441,527
Deferred Income Taxes and Other Assets, Noncurrent	524,232	490,597
Total assets	3,759,325	3,625,209
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable and accrued liabilities	119,414	71,645
Accrued income taxes	25,438	10,109
Total current liabilities	144,852	81,754
Long-term debt	0	0
Other long-term liabilities	5,864	7,135
Long-term deferred tax liability	62,296	56,105
Intercompany payables	1,375,184	1,311,405
Total liabilities	1,588,196	1,456,399
Total equity	2,171,129	2,168,810
Total liabilities and stockholders’ equity	3,759,325	3,625,209
Non-Guarantor [Member]
Current assets:
Cash and cash equivalents	70,551	58,182	46,496	51,682
Accounts and notes receivable, net	169,300	174,885
Rig materials and supplies	53,887	49,416
Deferred costs	6,432	5,673
Deferred income taxes	1,685	1,345
Other tax assets	8,930	9,111
Other current assets	13,256	10,557
Total current assets	324,041	309,169
Property, plant and equipment, net	298,126	306,904
Investment in subsidiaries and intercompany advances		2,464,502
Deferred Income Taxes and Other Assets, Noncurrent	268,297	272,823
Total assets	3,581,854	3,353,398
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable and accrued liabilities	326,166	309,344
Accrued income taxes	6,224	8,138
Total current liabilities	332,390	317,482
Long-term debt	0	0
Other long-term liabilities	9,826	8,663
Long-term deferred tax liability	(3,984)	(3,990)
Intercompany payables	1,412,566	1,204,768
Total liabilities	1,750,798	1,526,923
Total equity	1,831,056	1,826,475
Total liabilities and stockholders’ equity	3,581,854	3,353,398
Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts and notes receivable, net	0	0
Rig materials and supplies	0	0
Deferred costs	0	0
Deferred income taxes	0	0
Other tax assets	0	0
Other current assets	0	0
Total current assets	0	0
Property, plant and equipment, net	0	0
Investment in subsidiaries and intercompany advances		(7,966,896)
Deferred Income Taxes and Other Assets, Noncurrent	(182,086)	(167,562)
Total assets	(8,520,661)	(8,134,458)
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable and accrued liabilities	(318,702)	(304,113)
Accrued income taxes	0	0
Total current liabilities	(318,702)	(304,113)
Long-term debt	0	0
Other long-term liabilities	0	0
Long-term deferred tax liability	0	0
Intercompany payables	(4,201,096)	(3,838,345)
Total liabilities	(4,519,798)	(4,142,458)
Total equity	(4,000,863)	(3,992,000)
Total liabilities and stockholders’ equity	$ (8,520,661)	$ (8,134,458)