Acquisitions of ITS - Fair Value of Consideration Transferred (Details) (USD $)
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12 Months Ended | 0 Months Ended |
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Dec. 31, 2014
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Apr. 22, 2013
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Business Acquisition [Line Items] | ||
Business Acquisition, Escrow Funds Released to Seller | $ 2,000,000pkd_BusinessAcquisitionEscrowFundsReleasedtoSeller | |
Business Combination, Amount Remaining in Escrow | 3,000,000pkd_BusinessCombinationAmountRemaininginEscrow | |
ITS [Member] | ||
Business Acquisition [Line Items] | ||
Cash paid to, or on behalf of, ITS and its equity holders |
101,000,000us-gaap_PaymentsToAcquireBusinessesGross / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Cash deposited in escrow |
19,000,000pkd_BusinessAcquisitionCostofAcquiredEntityEscrowCash / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Fair value of contingent consideration deposited in escrow for assets not acquired |
5,000,000pkd_BusinessCombinationConsiderationTransferredEscrowCashPaidforAssetsNotAcquired / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Total fair value of the consideration transferred |
125,000,000us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Accounts Receivable [Member] | ITS [Member] | ||
Business Acquisition [Line Items] | ||
Assets, Fair Value Disclosure |
$ 0us-gaap_AssetsFairValueDisclosure / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember / us-gaap_FairValueByAssetClassAxis = us-gaap_AccountsReceivableMember |
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- Definition
Business Acquisition, Cost of Acquired Entity, Escrow Cash No definition available.
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Business Acquisition, Escrow Funds Released to Seller No definition available.
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Business Combination, Amount Remaining in Escrow No definition available.
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Business Combination, Consideration Transferred, Escrow Cash Paid for Assets Not Acquired No definition available.
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- Definition
Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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