Acquisitions of ITS - Supplemental Proforma (Details) (USD $)
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9 Months Ended | 0 Months Ended | 12 Months Ended | |||
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Sep. 30, 2014
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Apr. 18, 2013
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Dec. 31, 2014
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Dec. 31, 2013
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Sep. 30, 2013
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Jul. 30, 2013
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Business Acquisition [Line Items] | ||||||
Debt issuance costs | $ 7,600,000us-gaap_DebtIssuanceCosts | |||||
Long-term Debt | 615,000,000us-gaap_LongTermDebt | 653,781,000us-gaap_LongTermDebt | ||||
Accounts, Notes, Loans and Financing Receivable, Net, Current | (270,952,000)us-gaap_AccountsNotesAndLoansReceivableNetCurrent | (257,889,000)us-gaap_AccountsNotesAndLoansReceivableNetCurrent | ||||
Assets, Current | (469,779,000)us-gaap_AssetsCurrent | (519,283,000)us-gaap_AssetsCurrent | ||||
Property, Plant and Equipment, Gross | 2,096,998,000us-gaap_PropertyPlantAndEquipmentGross | 2,007,380,000us-gaap_PropertyPlantAndEquipmentGross | ||||
Deferred income taxes | 7,476,000us-gaap_DeferredTaxAssetsNetCurrent | 9,940,000us-gaap_DeferredTaxAssetsNetCurrent | ||||
Total assets | 1,520,659,000us-gaap_Assets | 1,534,756,000us-gaap_Assets | ||||
Deferred Tax Liabilities, Net, Noncurrent | (52,115,000)us-gaap_DeferredTaxLiabilitiesNoncurrent | (38,767,000)us-gaap_DeferredTaxLiabilitiesNoncurrent | ||||
Liabilities | (854,445,000)us-gaap_Liabilities | (901,614,000)us-gaap_Liabilities | ||||
Noncontrolling interest | 3,783,000us-gaap_MinorityInterest | 1,446,000us-gaap_MinorityInterest | ||||
Liabilities and Equity | 1,520,659,000us-gaap_LiabilitiesAndStockholdersEquity | 1,534,756,000us-gaap_LiabilitiesAndStockholdersEquity | ||||
ITS [Member] | ||||||
Business Acquisition [Line Items] | ||||||
Acquisition related costs |
22,500,000us-gaap_BusinessCombinationAcquisitionRelatedCosts / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Debt issuance costs |
5,400,000us-gaap_DebtIssuanceCosts / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Proceeds from issuance of term note |
225,000,000us-gaap_ProceedsFromIssuanceOfLongTermDebt / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Accounts, Notes, Loans and Financing Receivable, Net, Current |
(1,859,000)us-gaap_AccountsNotesAndLoansReceivableNetCurrent / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Assets, Current |
(1,859,000)us-gaap_AssetsCurrent / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Property, Plant and Equipment, Gross |
3,072,000us-gaap_PropertyPlantAndEquipmentGross / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Deferred income taxes |
391,000us-gaap_DeferredTaxAssetsNetCurrent / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Assets, Noncurrent |
3,463,000us-gaap_AssetsNoncurrent / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Total assets |
1,604,000us-gaap_Assets / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Deferred Tax Liabilities, Net, Noncurrent |
(60,000)us-gaap_DeferredTaxLiabilitiesNoncurrent / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Liabilities, Noncurrent |
(60,000)us-gaap_LiabilitiesNoncurrent / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Liabilities |
(60,000)us-gaap_Liabilities / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Noncontrolling interest |
1,664,000us-gaap_MinorityInterest / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Liabilities and Equity |
1,604,000us-gaap_LiabilitiesAndStockholdersEquity / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember |
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Term Note Due April Twenty Eighteen [Member] | ITS [Member] | ||||||
Business Acquisition [Line Items] | ||||||
Debt instrument fixed interest rate |
7.50%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember / us-gaap_LongtermDebtTypeAxis = pkd_TermNoteDueAprilTwentyEighteenMember |
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Long-term Debt |
125,000,000us-gaap_LongTermDebt / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember / us-gaap_LongtermDebtTypeAxis = pkd_TermNoteDueAprilTwentyEighteenMember |
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Deferred acquisition costs |
$ 4,700,000us-gaap_DeferredFinanceCostsNet / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember / us-gaap_LongtermDebtTypeAxis = pkd_TermNoteDueAprilTwentyEighteenMember |
$ 5,200,000us-gaap_DeferredFinanceCostsNet / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember / us-gaap_LongtermDebtTypeAxis = pkd_TermNoteDueAprilTwentyEighteenMember |
$ 5,600,000us-gaap_DeferredFinanceCostsNet / us-gaap_BusinessAcquisitionAxis = pkd_ITSMember / us-gaap_LongtermDebtTypeAxis = pkd_TermNoteDueAprilTwentyEighteenMember |
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- Definition
The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are 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
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are 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
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
This element represents acquisition-related costs incurred to effect a business combination which costs have been expensed during the period. Such costs include finder's fees; advisory, legal, accounting, valuation, and other professional or consulting fees; general administrative costs, including the costs of maintaining an internal acquisitions department; and may include costs of registering and issuing debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of debt issuance costs (for example, but not limited to, legal, accounting, broker, and regulatory fees). No definition available.
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- Definition
For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of obligation due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (that is, noncontrolling interest, previously referred to as minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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