Annual report pursuant to Section 13 and 15(d)

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

v3.6.0.2
Parent, Guarantor, Non-Guarantor Unaudited Consolidating Condensed Financial Statements - Consolidating Condensed Balance Sheet (Detail) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Current assets:        
Cash and cash equivalents $ 119,691 $ 134,294 $ 108,456 $ 148,689
Accounts and notes receivable, net 113,231 175,105    
Rig materials and supplies 32,354 34,937    
Deferred costs 1,436 1,367    
Other tax assets 6,475 5,192    
Other current assets 13,131 15,846    
Total current assets 286,318 366,741    
Property, plant and equipment, net of accumulated depreciation of $1,320,644 in 2016 and $1,302,380 in 2015 (Note 5) 693,439 805,841    
Goodwill 6,708 6,708    
Intangible Assets, Net (Excluding Goodwill) 9,928 13,377    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 0 0    
Other noncurrent assets 107,158 174,035    
Assets 1,103,551 1,366,702    
Current liabilities:        
Accounts payable and accrued liabilities (98,841) (129,703)    
Accrued income taxes 4,080 6,418    
Total current liabilities 102,921 136,121    
Long-term debt, net of unamortized debt issuance costs of $8,674 at December 31, 2016 and $10,202 at December 31, 2015 576,326 574,798    
Other long-term liabilities 15,836 18,617    
Long-term deferred tax liability 69,333 68,654    
Intercompany payables 0 0    
Liabilities 764,416 798,190    
Contingencies    
Stockholders’ equity:        
Common stock 20,837 20,518    
Capital in excess of par value 675,194 669,120    
Accumulated other comprehensive income (6,844) (1,888)    
Retained earnings (accumulated deficit) (350,052) (119,238)    
Total controlling interest stockholders' equity 339,135 568,512    
Noncontrolling interest 0 0    
Total Equity 339,135 568,512 666,214 633,142
Total liabilities and stockholders’ equity 1,103,551 1,366,702    
Parent [Member]        
Current assets:        
Cash and cash equivalents 65,000 73,985 36,728 88,697
Accounts and notes receivable, net 0 0    
Rig materials and supplies 0 0    
Deferred costs 0 0    
Other tax assets (50,296) 0    
Other current assets 0 0    
Total current assets 14,704 73,985    
Property, plant and equipment, net of accumulated depreciation of $1,320,644 in 2016 and $1,302,380 in 2015 (Note 5) (19) (19)    
Goodwill 0      
Intangible Assets, Net (Excluding Goodwill) 0 0    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 2,979,413 3,057,220    
Other noncurrent assets (253,679) (234,786)    
Assets 2,740,419 2,896,400    
Current liabilities:        
Accounts payable and accrued liabilities 10,080 (84,456)    
Accrued income taxes 0 9,900    
Total current liabilities (10,080) 94,356    
Long-term debt, net of unamortized debt issuance costs of $8,674 at December 31, 2016 and $10,202 at December 31, 2015 576,326 574,798    
Other long-term liabilities 2,867 2,868    
Long-term deferred tax liability (28) (29)    
Intercompany payables 1,828,317 1,656,968    
Liabilities 2,397,402 2,328,961    
Stockholders’ equity:        
Total Equity 343,017 567,439    
Total liabilities and stockholders’ equity 2,740,419 2,896,400    
Guarantor [Member]        
Current assets:        
Cash and cash equivalents 14,365 13,854 13,546 8,310
Accounts and notes receivable, net 15,749 42,261    
Rig materials and supplies (5,369) (4,744)    
Deferred costs 16 0    
Other tax assets 35,733 457    
Other current assets 5,555 5,525    
Total current assets 66,049 57,353    
Property, plant and equipment, net of accumulated depreciation of $1,320,644 in 2016 and $1,302,380 in 2015 (Note 5) 469,927 543,346    
Goodwill 6,708      
Intangible Assets, Net (Excluding Goodwill) 9,434 11,740    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 2,932,375 2,770,501    
Other noncurrent assets 301,771 312,790    
Assets 3,786,264 3,702,438    
Current liabilities:        
Accounts payable and accrued liabilities (149,210) (56,382)    
Accrued income taxes 1,576 2,111    
Total current liabilities 150,786 58,493    
Long-term debt, net of unamortized debt issuance costs of $8,674 at December 31, 2016 and $10,202 at December 31, 2015 0 0    
Other long-term liabilities 9,338 7,446    
Long-term deferred tax liability 73,039 69,679    
Intercompany payables 1,437,417 1,401,510    
Liabilities 1,670,580 1,537,128    
Stockholders’ equity:        
Total Equity 2,115,684 2,165,310    
Total liabilities and stockholders’ equity 3,786,264 3,702,438    
Non-Guarantor [Member]        
Current assets:        
Cash and cash equivalents 40,326 46,455 58,182 51,682
Accounts and notes receivable, net 97,482 132,844    
Rig materials and supplies 37,723 39,681    
Deferred costs 1,420 1,367    
Other tax assets 21,038 4,735    
Other current assets 7,576 10,321    
Total current assets 205,565 235,403    
Property, plant and equipment, net of accumulated depreciation of $1,320,644 in 2016 and $1,302,380 in 2015 (Note 5) 223,531 262,514    
Goodwill 0      
Intangible Assets, Net (Excluding Goodwill) 494 1,637    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures 3,676,402 3,319,702    
Other noncurrent assets 539,877 265,995    
Assets 4,645,869 4,085,251    
Current liabilities:        
Accounts payable and accrued liabilities (577,188) (295,439)    
Accrued income taxes 2,504 (5,593)    
Total current liabilities 579,692 289,846    
Long-term debt, net of unamortized debt issuance costs of $8,674 at December 31, 2016 and $10,202 at December 31, 2015 0 0    
Other long-term liabilities 3,631 8,303    
Long-term deferred tax liability (3,678) (996)    
Intercompany payables 2,161,864 1,864,671    
Liabilities 2,741,509 2,161,824    
Stockholders’ equity:        
Total Equity 1,904,360 1,923,427    
Total liabilities and stockholders’ equity 4,645,869 4,085,251    
Consolidation, 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 $1,320,644 in 2016 and $1,302,380 in 2015 (Note 5) 0 0    
Goodwill 0      
Intangible Assets, Net (Excluding Goodwill) 0 0    
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures (9,588,190) (9,147,423)    
Other noncurrent assets (480,811) (169,964)    
Assets (10,069,001) (9,317,387)    
Current liabilities:        
Accounts payable and accrued liabilities (617,477) (306,574)    
Accrued income taxes 0 0    
Total current liabilities (617,477) (306,574)    
Long-term debt, net of unamortized debt issuance costs of $8,674 at December 31, 2016 and $10,202 at December 31, 2015 0 0    
Other long-term liabilities 0 0    
Long-term deferred tax liability 0 0    
Intercompany payables (5,427,598) (4,923,149)    
Liabilities (6,045,075) (5,229,723)    
Stockholders’ equity:        
Total Equity (4,023,926) (4,087,664)    
Total liabilities and stockholders’ equity $ (10,069,001) $ (9,317,387)