Parker Wellbore Current report filing

Current report filing

Reportable Segments - Results of Operations by Reportable Segment (Detail)

Reportable Segments - Results of Operations by Reportable Segment (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended								12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues:
Revenues	$ 243,213us-gaap_Revenues	$ 242,012us-gaap_Revenues	$ 254,234us-gaap_Revenues	$ 229,225us-gaap_Revenues	$ 243,321us-gaap_Revenues	$ 237,762us-gaap_Revenues	$ 225,954us-gaap_Revenues	$ 167,135us-gaap_Revenues	$ 968,684us-gaap_Revenues	$ 874,172us-gaap_Revenues	$ 677,761us-gaap_Revenues
Operating income:
Total operating gross margin	36,768us-gaap_GrossProfit	45,066us-gaap_GrossProfit	43,485us-gaap_GrossProfit	28,863us-gaap_GrossProfit	48,564us-gaap_GrossProfit	48,733us-gaap_GrossProfit	50,273us-gaap_GrossProfit	20,877us-gaap_GrossProfit	154,182us-gaap_GrossProfit	168,447us-gaap_GrossProfit	151,556us-gaap_GrossProfit
General and administrative expense									(35,016)us-gaap_GeneralAndAdministrativeExpense	(68,025)us-gaap_GeneralAndAdministrativeExpense	(46,257)us-gaap_GeneralAndAdministrativeExpense
Provision for reduction in carrying value of certain assets									0us-gaap_OtherAssetImpairmentCharges	(2,544)us-gaap_OtherAssetImpairmentCharges	0us-gaap_OtherAssetImpairmentCharges
Gain on disposition of assets, net									1,054us-gaap_GainLossOnDispositionOfAssets	3,994us-gaap_GainLossOnDispositionOfAssets	1,974us-gaap_GainLossOnDispositionOfAssets
Total operating income	27,714us-gaap_OperatingIncomeLoss	35,239us-gaap_OperatingIncomeLoss	37,497us-gaap_OperatingIncomeLoss	19,770us-gaap_OperatingIncomeLoss	28,516us-gaap_OperatingIncomeLoss	35,589us-gaap_OperatingIncomeLoss	28,587us-gaap_OperatingIncomeLoss	9,180us-gaap_OperatingIncomeLoss	120,220us-gaap_OperatingIncomeLoss	101,872us-gaap_OperatingIncomeLoss	107,273us-gaap_OperatingIncomeLoss
Interest expense									(44,265)us-gaap_InterestExpense	(47,820)us-gaap_InterestExpense	(33,542)us-gaap_InterestExpense
Interest income									195us-gaap_InvestmentIncomeInterest	2,450us-gaap_InvestmentIncomeInterest	153us-gaap_InvestmentIncomeInterest
Loss on extinguishment of debt									(30,152)	(5,218)	(2,130)
Changes in fair value of derivative positions									0	53	55
Other income (loss)									2,539us-gaap_OtherNonoperatingIncomeExpense	1,450us-gaap_OtherNonoperatingIncomeExpense	(832)us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes									48,537	52,787	70,977
Concentration Risk:
Percentage of revenue from major customer									18.70%us-gaap_ConcentrationRiskPercentage1
Rental Tools [Member]
Revenues:
Revenues									347,766	310,041	246,900
Operating income:
Total operating gross margin									72,946	91,164	113,899
U.S. (Lower 48) Drilling [Member]
Revenues:
Revenues									158,405	153,624	123,672
Operating income:
Total operating gross margin									46,831	54,203	37,717
International & Alaska Drilling [Member]
Revenues:
Revenues									462,513	410,507	307,189
Operating income:
Total operating gross margin									$ 34,405	$ 23,080	$ (60)
Exxon Neftegas Limited [Member]
Concentration Risk:
Percentage of revenue from major customer									18.70%	15.60%	12.00%
Exxon Neftegas Limited [Member] \| International & Alaska Drilling [Member]
Concentration Risk:
Percentage of revenue from major customer									39.20%	33.30%	26.00%
Schlumberger [Member]
Concentration Risk:
Percentage of revenue from major customer											10.00%
Schlumberger [Member] \| International & Alaska Drilling [Member]
Concentration Risk:
Percentage of revenue from major customer											23.00%