Current report filing

Long-Term Debt - Summary of Company's Current Debt Portfolio (Detail)

v2.4.1.9
Long-Term Debt - Summary of Company's Current Debt Portfolio (Detail) (USD $)
 0 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended
Jan. 22, 2014
Sep. 30, 2014
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Jan. 07, 2014
Mar. 22, 2010
Apr. 25, 2012
Jul. 30, 2013
Jul. 13, 2013
Jan. 26, 2015
Apr. 02, 2014
Jan. 31, 2014
Dec. 14, 2012
Apr. 18, 2013
Sep. 30, 2013
Debt Instrument [Line Items]                                
Payments of debt issuance costs     $ (7,630,000)us-gaap_PaymentsOfDebtIssuanceCosts $ (11,172,000)us-gaap_PaymentsOfDebtIssuanceCosts $ (4,859,000)us-gaap_PaymentsOfDebtIssuanceCosts                      
Repayments of long-term debt     425,000,000us-gaap_RepaymentsOfLongTermDebt 125,000,000us-gaap_RepaymentsOfLongTermDebt 0us-gaap_RepaymentsOfLongTermDebt                      
Tender offer costs 25,800,000us-gaap_UnsolicitedTenderOfferCosts                              
Write off of Deferred Debt Issuance Cost     7,700,000us-gaap_WriteOffOfDeferredDebtIssuanceCost                          
Amortization of Debt Discount (Premium)     (3,800,000)us-gaap_AmortizationOfDebtDiscountPremium                          
Interest Expense     44,265,000us-gaap_InterestExpense 47,820,000us-gaap_InterestExpense 33,542,000us-gaap_InterestExpense                      
Loss on extinguishment of debt     (30,152,000)us-gaap_GainsLossesOnExtinguishmentOfDebt (5,218,000)us-gaap_GainsLossesOnExtinguishmentOfDebt (2,130,000)us-gaap_GainsLossesOnExtinguishmentOfDebt                      
Debt issuance costs   7,600,000us-gaap_DebtIssuanceCosts                            
Debt Issuance Cost Net Of Amortization   7,000,000pkd_DebtIssuanceCostNetOfAmortization                            
Total debt     615,000,000us-gaap_LongTermDebt 653,781,000us-gaap_LongTermDebt                        
Less current portion     10,000,000us-gaap_LongTermDebtCurrent 25,000,000us-gaap_LongTermDebtCurrent                        
Total long-term debt     605,000,000us-gaap_LongTermDebtNoncurrent 628,781,000us-gaap_LongTermDebtNoncurrent                        
6.75 % Senior Notes [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount 360,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= pkd_A6.75SeniorNotesMember 		  360,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= pkd_A6.75SeniorNotesMember 		0us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= pkd_A6.75SeniorNotesMember 		                       
Debt instrument fixed interest rate 6.75%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= pkd_A6.75SeniorNotesMember 		                             
Debt Instrument, Redemption Amount Percentage of Principal 35.00%pkd_DebtInstrumentRedemptionAmountPercentageofPrincipal
/ us-gaap_LongtermDebtTypeAxis
= pkd_A6.75SeniorNotesMember 		                             
Debt instrument, Redemption Price Percent 106.75%pkd_DebtinstrumentRedemptionPricePercent
/ us-gaap_LongtermDebtTypeAxis
= pkd_A6.75SeniorNotesMember 		                             
Debt Instrument, Redemption Price After Year Three 103.375%pkd_DebtInstrumentRedemptionPriceAfterYearThree
/ us-gaap_LongtermDebtTypeAxis
= pkd_A6.75SeniorNotesMember 		                             
Debt Instrument, Redemption Price After Year Five 101.00%pkd_DebtInstrumentRedemptionPriceAfterYearFive
/ us-gaap_LongtermDebtTypeAxis
= pkd_A6.75SeniorNotesMember 		                             
7.50 % Senior Notes [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount                 225,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= pkd_A7.50SeniorNotesMember 		             
Debt instrument fixed interest rate                 7.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= pkd_A7.50SeniorNotesMember 		             
Debt Instrument, Redemption Amount Percentage of Principal                 35.00%pkd_DebtInstrumentRedemptionAmountPercentageofPrincipal
/ us-gaap_LongtermDebtTypeAxis
= pkd_A7.50SeniorNotesMember 		             
Debt instrument, Redemption Price Percent                 107.50%pkd_DebtinstrumentRedemptionPricePercent
/ us-gaap_LongtermDebtTypeAxis
= pkd_A7.50SeniorNotesMember 		             
Debt Instrument, Redemption Price After Year Three                 103.75%pkd_DebtInstrumentRedemptionPriceAfterYearThree
/ us-gaap_LongtermDebtTypeAxis
= pkd_A7.50SeniorNotesMember 		             
Debt Instrument, Redemption Price After Year Five                 101.00%pkd_DebtInstrumentRedemptionPriceAfterYearFive
/ us-gaap_LongtermDebtTypeAxis
= pkd_A7.50SeniorNotesMember 		             
7.50% Senior Notes, due August 2020 (Issued July 30, 2013) [Member]                                
Debt Instrument [Line Items]                                
Total debt     225,000,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_A7.50SeniorNotesdueAugust2020Member 		225,000,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_A7.50SeniorNotesdueAugust2020Member 		                       
9.125% Senior Notes, due April 2018 (Issued April 25, 2012) [Member]                                
Debt Instrument [Line Items]                                
Total debt     0us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_A9.125SeniorNotesdueApril20181Member 		428,781,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_A9.125SeniorNotesdueApril20181Member 		                       
Term Loan [Member]                                
Debt Instrument [Line Items]                                
Total debt     30,000,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MediumTermNotesMember 		0us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MediumTermNotesMember 		                       
Principal payments     2,500,000pkd_PrincipalPayments
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_MediumTermNotesMember 		                         
Nine Point One Two Five Percent Senior Notes [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount             300,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                 
Tender Offer Price for Each 1000 Principal Amount     1,061.98pkd_TenderOfferPriceforEach1000PrincipalAmount
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                         
Tender Offer Price per Note, Consent Payment           30.00pkd_TenderOfferPriceperNoteConsentPayment
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                   
Debt Instrument Face Amount per Note     1,000pkd_DebtInstrumentFaceAmountperNote
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                         
Payments of debt issuance costs (453,700,000)us-gaap_PaymentsOfDebtIssuanceCosts
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                             
Debt instrument fixed interest rate   9.125%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		            9.125%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		             
Repayments of long-term debt 416,200,000us-gaap_RepaymentsOfLongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                             
Accrued interest 11,700,000pkd_DebtInstrumentAccruedInterest
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                             
Senior Notes                       8,800,000us-gaap_SeniorNotes
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		       
Debt Instrument, Redemption Price                       9,600,000pkd_DebtInstrumentRedemptionPrice
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		       
Redemption Premium     400,000us-gaap_RedemptionPremium
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                         
Interest Expense     400,000us-gaap_InterestExpense
/ us-gaap_LongtermDebtTypeAxis
= pkd_NinePointOneTwoFivePercentSeniorNotesMember 		                         
Senior Notes One [Member]                                
Debt Instrument [Line Items]                                
Repayments of debt             225,000,000us-gaap_RepaymentsOfDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_SeniorNotesOneMember 		                 
Line of Credit [Member]                                
Debt Instrument [Line Items]                                
Repayments of debt             42,000,000us-gaap_RepaymentsOfDebt
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_LineOfCreditMember 		                 
Senior Notes Other [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount               125,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_LongtermDebtTypeAxis
= pkd_SeniorNotesOtherMember 		               
Par value of senior notes               104.00%pkd_DebtInstrumentIssuePricePercentage
/ us-gaap_LongtermDebtTypeAxis
= pkd_SeniorNotesOtherMember 		               
Gross proceeds of aggregate principal amount additional issued               130,000,000us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_SeniorNotesOtherMember 		               
Term Note Due December Twenty Seventeen [Member]                                
Debt Instrument [Line Items]                                
Total debt       0us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_TermNoteDueDecemberTwentySeventeenMember 		                40,000,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_TermNoteDueDecemberTwentySeventeenMember 		50,000,000us-gaap_LongTermDebt
/ us-gaap_LongtermDebtTypeAxis
= pkd_TermNoteDueDecemberTwentySeventeenMember 		   
Revolving Credit Facility [Member]                                
Debt Instrument [Line Items]                                
Variation in applicable rate for LIBOR Rate Loan     2.50%pkd_LineOfCreditFacilityBasisSpreadOnLenderDefinedOfferedRateMinimum
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember 		                         
Variation in applicable rate for LIBOR Rate Loan     3.00%pkd_LineOfCreditFacilityBasisSpreadOnLenderDefinedOfferedRateMaximum
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember 		                         
Variation in applicable rate for Base Rate Loan     1.50%pkd_LineOfCreditFacilityBasisSpreadOnBaseRateMinimum
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember 		                         
Variation in applicable rate for Base Rate Loan     2.00%pkd_LineOfCreditFacilityBasisSpreadOnBaseRateMaximum
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember 		                         
Letters of credit outstanding     11,000,000pkd_LettersOfCreditAmountOutstanding
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember 		4,600,000pkd_LettersOfCreditAmountOutstanding
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember 		                       
Unsecured Debt [Member]                                
Debt Instrument [Line Items]                                
Increase in the amount of term loan or revolving credit facility                 45,000,000pkd_LineOfCreditFacilityIncreaseAdditionalBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_UnsecuredDebtMember 		             
Revolving loan outstanding     30,000,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_UnsecuredDebtMember 		                         
Secured Debt [Member]                                
Debt Instrument [Line Items]                                
Increase in the amount of term loan or revolving credit facility                   45,000,000pkd_LineOfCreditFacilityIncreaseAdditionalBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember 		           
Revolving loan outstanding 40,000,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember 		                      40,000,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember 		     
Quarterly decrease in borrowing capacity                   2,500,000pkd_LineOfCreditFacilityQuarterlyDecreaseinBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember 		           
Base rate plus       2.00%pkd_LineOfCreditFacilityBasisSpreadOnLenderDefinedOfferedRate
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember 		                       
LIBOR plus       3.00%pkd_LineOfCreditFacilityBasisSpreadOnBaseRate
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember 		                       
Secured Debt [Member] | Goldman Term Loan [Member]                                
Debt Instrument [Line Items]                                
Aggregate principal amount                             125,000,000us-gaap_DebtInstrumentFaceAmount
/ us-gaap_DebtInstrumentAxis
= us-gaap_SecuredDebtMember
/ us-gaap_LongtermDebtTypeAxis
= pkd_GoldmanTermLoanMember 		 
ITS [Member]                                
Debt Instrument [Line Items]                                
Debt issuance costs     5,400,000us-gaap_DebtIssuanceCosts
/ us-gaap_BusinessAcquisitionAxis
= pkd_ITSMember 		                         
ITS [Member] | Term Note Due April Twenty Eighteen [Member]                                
Debt Instrument [Line Items]                                
Deferred acquisition costs   4,700,000us-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 		            5,200,000us-gaap_DeferredFinanceCostsNet
/ us-gaap_BusinessAcquisitionAxis
= pkd_ITSMember
/ us-gaap_LongtermDebtTypeAxis
= pkd_TermNoteDueAprilTwentyEighteenMember
Debt instrument fixed interest rate     7.50%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ us-gaap_BusinessAcquisitionAxis
= pkd_ITSMember
/ us-gaap_LongtermDebtTypeAxis
= pkd_TermNoteDueAprilTwentyEighteenMember 		                         
Total debt     125,000,000us-gaap_LongTermDebt
/ us-gaap_BusinessAcquisitionAxis
= pkd_ITSMember
/ us-gaap_LongtermDebtTypeAxis
= pkd_TermNoteDueAprilTwentyEighteenMember 		                         
Subsequent Event [Member] | 2015 Secured Credit Agreement [Member]                                
Debt Instrument [Line Items]                                
Proceeds from Secured Lines of Credit                     30,000,000us-gaap_ProceedsFromSecuredLinesOfCredit
/ us-gaap_CreditFacilityAxis
= pkd_A2015SecuredCreditAgreementMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Senior secured credit facility                     200,000,000.0us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkd_A2015SecuredCreditAgreementMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Variation in applicable rate for LIBOR Rate Loan                     2.50%pkd_LineOfCreditFacilityBasisSpreadOnLenderDefinedOfferedRateMinimum
/ us-gaap_CreditFacilityAxis
= pkd_A2015SecuredCreditAgreementMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Variation in applicable rate for LIBOR Rate Loan                     3.00%pkd_LineOfCreditFacilityBasisSpreadOnLenderDefinedOfferedRateMaximum
/ us-gaap_CreditFacilityAxis
= pkd_A2015SecuredCreditAgreementMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Variation in applicable rate for Base Rate Loan                     1.50%pkd_LineOfCreditFacilityBasisSpreadOnBaseRateMinimum
/ us-gaap_CreditFacilityAxis
= pkd_A2015SecuredCreditAgreementMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Variation in applicable rate for Base Rate Loan                     2.00%pkd_LineOfCreditFacilityBasisSpreadOnBaseRateMaximum
/ us-gaap_CreditFacilityAxis
= pkd_A2015SecuredCreditAgreementMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Letters of credit outstanding                     11,700,000pkd_LettersOfCreditAmountOutstanding
/ us-gaap_CreditFacilityAxis
= pkd_A2015SecuredCreditAgreementMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Subsequent Event [Member] | 2012 Secured Credit Agreement [Member]                                
Debt Instrument [Line Items]                                
Senior secured credit facility                     80,000,000.0us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkd_A2012SecuredCreditAgreementMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Subsequent Event [Member] | Secured Debt [Member]                                
Debt Instrument [Line Items]                                
Line Of Credit Facility Additional Borrowing Capacity                     50,000,000.0pkd_LineOfCreditFacilityAdditionalBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember 		         
Repayments of debt                     $ 30,000,000us-gaap_RepaymentsOfDebt
/ us-gaap_CreditFacilityAxis
= us-gaap_SecuredDebtMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember