Annual report pursuant to Section 13 and 15(d)

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

v3.3.1.900
Parent, Guarantor, Non-Guarantor Unaudited Consolidating Condensed Financial Statements - Consolidating Condensed Balance Sheet (Detail) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Current assets:        
Cash and cash equivalents $ 134,294 $ 108,456 $ 148,689 $ 87,886
Accounts and notes receivable, net 175,105 270,952    
Rig materials and supplies 34,937 47,943    
Deferred costs 1,367 5,673    
Other tax assets 5,192 10,723    
Other current assets 15,846 18,556    
Total current assets 366,741 462,303    
Property, plant and equipment, net of accumulated depreciation of $1,302,380 in 2015 and $1,201,058 in 2014 (Note 5) 805,841 895,940    
Goodwill 6,708 0    
Intangible Assets, Net (Excluding Goodwill) 13,377 4,286    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 0 0    
Other noncurrent assets 184,237 158,130    
Assets 1,376,904 1,520,659    
Current liabilities:        
Current portion of long-term debt 0 10,000    
Accounts payable and accrued liabilities 129,703 154,479    
Accrued income taxes 6,418 14,186    
Total current liabilities 136,121 178,665    
Long-term debt 585,000 605,000    
Other long-term liabilities 18,617 18,665    
Long-term deferred tax liability 68,654 52,115    
Intercompany payables 0 0    
Liabilities $ 808,392 $ 854,445    
Contingencies    
Stockholders’ equity:        
Common stock $ 20,518 $ 20,325    
Capital in excess of par value 669,120 666,769    
Accumulated other comprehensive income (1,888) (498)    
Retained earnings (accumulated deficit) (119,238) (24,165)    
Total controlling interest stockholders' equity 568,512 662,431    
Noncontrolling interest 0 3,783    
Total Equity 568,512 666,214 633,142 590,633
Total liabilities and stockholders’ equity 1,376,904 1,520,659    
Parent [Member]        
Current assets:        
Cash and cash equivalents 73,985 36,728 88,697 42,251
Accounts and notes receivable, net 0 (33)    
Rig materials and supplies 0 0    
Deferred costs 0 0    
Other tax assets 0 19,885    
Other current assets 0 0    
Total current assets 73,985 56,580    
Property, plant and equipment, net of accumulated depreciation of $1,302,380 in 2015 and $1,201,058 in 2014 (Note 5) (19) (19)    
Goodwill 0      
Intangible Assets, Net (Excluding Goodwill) 0 0    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 3,057,220 3,060,867    
Other noncurrent assets (224,584) (440,918)    
Assets 2,906,602 2,676,510    
Current liabilities:        
Current portion of long-term debt 0 10,000    
Accounts payable and accrued liabilities 84,456 77,603    
Accrued income taxes 9,900 (4,061)    
Total current liabilities 94,356 83,542    
Long-term debt 585,000 605,000    
Other long-term liabilities 2,868 2,867    
Long-term deferred tax liability (29) 0    
Intercompany payables 1,656,968 1,322,172    
Liabilities 2,339,163 2,013,581    
Stockholders’ equity:        
Total Equity 567,439 662,929    
Total liabilities and stockholders’ equity 2,906,602 2,676,510    
Guarantor [Member]        
Current assets:        
Cash and cash equivalents 13,854 13,546 8,310 11,023
Accounts and notes receivable, net 42,261 96,100    
Rig materials and supplies (4,744) (1,473)    
Deferred costs 0 0    
Other tax assets 457 (18,273)    
Other current assets 5,525 7,998    
Total current assets 57,353 97,898    
Property, plant and equipment, net of accumulated depreciation of $1,302,380 in 2015 and $1,201,058 in 2014 (Note 5) 543,346 589,055    
Goodwill 6,708      
Intangible Assets, Net (Excluding Goodwill) 11,740 0    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 2,770,501 2,441,523    
Other noncurrent assets 312,790 496,728    
Assets 3,702,438 3,625,204    
Current liabilities:        
Current portion of long-term debt 0 0    
Accounts payable and accrued liabilities 56,382 71,645    
Accrued income taxes 2,111 10,109    
Total current liabilities 58,493 81,754    
Long-term debt 0 0    
Other long-term liabilities 7,446 7,135    
Long-term deferred tax liability 69,679 56,105    
Intercompany payables 1,401,510 1,311,404    
Liabilities 1,537,128 1,456,398    
Stockholders’ equity:        
Total Equity 2,165,310 2,168,806    
Total liabilities and stockholders’ equity 3,702,438 3,625,204    
Non-Guarantor [Member]        
Current assets:        
Cash and cash equivalents 46,455 58,182 51,682 34,612
Accounts and notes receivable, net 132,844 174,885    
Rig materials and supplies 39,681 49,416    
Deferred costs 1,367 5,673    
Other tax assets 4,735 9,111    
Other current assets 10,321 10,558    
Total current assets 235,403 307,825    
Property, plant and equipment, net of accumulated depreciation of $1,302,380 in 2015 and $1,201,058 in 2014 (Note 5) 262,514 306,904    
Goodwill 0      
Intangible Assets, Net (Excluding Goodwill) 1,637 4,286    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 3,319,702 2,464,506    
Other noncurrent assets 265,995 269,882    
Assets 4,085,251 3,353,403    
Current liabilities:        
Current portion of long-term debt 0 0    
Accounts payable and accrued liabilities 295,439 309,344    
Accrued income taxes (5,593) 8,138    
Total current liabilities 289,846 317,482    
Long-term debt 0 0    
Other long-term liabilities 8,303 8,663    
Long-term deferred tax liability (996) (3,990)    
Intercompany payables 1,864,671 1,204,769    
Liabilities 2,161,824 1,526,924    
Stockholders’ equity:        
Total Equity 1,923,427 1,826,479    
Total liabilities and stockholders’ equity 4,085,251 3,353,403    
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    
Other tax assets 0 0    
Other current assets 0 0    
Total current assets 0 0    
Property, plant and equipment, net of accumulated depreciation of $1,302,380 in 2015 and $1,201,058 in 2014 (Note 5) 0 0    
Goodwill 0      
Intangible Assets, Net (Excluding Goodwill) 0 0    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures (9,147,423) (7,966,896)    
Other noncurrent assets (169,964) (167,562)    
Assets (9,317,387) (8,134,458)    
Current liabilities:        
Current portion of long-term debt 0 0    
Accounts payable and accrued liabilities (306,574) (304,113)    
Accrued income taxes 0 0    
Total current liabilities (306,574) (304,113)    
Long-term debt 0 0    
Other long-term liabilities 0 0    
Long-term deferred tax liability 0 0    
Intercompany payables (4,923,149) (3,838,345)    
Liabilities (5,229,723) (4,142,458)    
Stockholders’ equity:        
Total Equity (4,087,664) (3,992,000)    
Total liabilities and stockholders’ equity $ (9,317,387) $ (8,134,458)