Annual report pursuant to Section 13 and 15(d)

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

v3.8.0.1
Parent, Guarantor, Non-Guarantor Unaudited Consolidating Condensed Financial Statements - Consolidating Condensed Balance Sheet (Detail) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Current assets:        
Cash and cash equivalents $ 141,549 $ 119,691 $ 134,294 $ 108,456
Accounts and notes receivable, net 122,511 113,231    
Rig materials and supplies 31,415 32,354    
Deferred costs 3,145 1,436    
Other tax assets 4,889 6,475    
Other current assets 14,327 13,131    
Total current assets 317,836 286,318    
Property, plant and equipment, net 625,771 693,439    
Goodwill 6,708 6,708    
Intangible assets, net 7,128 9,928    
Investment in subsidiaries and intercompany advances 0 0    
Other assets 32,836 107,158    
Total assets 990,279 1,103,551    
Current liabilities:        
Accounts payable and accrued liabilities 99,246 98,841    
Accrued income taxes 4,430 4,080    
Total current liabilities 103,676 102,921    
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017 and $8,674 at December 31, 2016 577,971 576,326    
Other long-term liabilities 12,433 15,836    
Long-term deferred tax liability 78 69,333    
Intercompany payable 0 0    
Liabilities 694,158 764,416    
Total equity 296,121 339,135    
Total liabilities and stockholders’ equity 990,279 1,103,551    
Reportable Legal Entities | Parent        
Current assets:        
Cash and cash equivalents 75,342 65,000 73,985 36,728
Accounts and notes receivable, net 0 0    
Rig materials and supplies 0 0    
Deferred costs 0 0    
Other tax assets 0 (50,296)    
Other current assets 0 0    
Total current assets 75,342 14,704    
Property, plant and equipment, net (19) (19)    
Goodwill 0 0    
Intangible assets, net 0 0    
Investment in subsidiaries and intercompany advances 2,955,050 2,979,413    
Other assets (261,232) (253,679)    
Total assets 2,769,141 2,740,419    
Current liabilities:        
Accounts payable and accrued liabilities (51,060) (10,080)    
Accrued income taxes 76,883 0    
Total current liabilities 25,823 (10,080)    
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017 and $8,674 at December 31, 2016 577,971 576,326    
Other long-term liabilities 2,867 2,867    
Long-term deferred tax liability (1) (28)    
Intercompany payable 1,865,810 1,828,317    
Liabilities 2,472,470 2,397,402    
Total equity 296,671 343,017    
Total liabilities and stockholders’ equity 2,769,141 2,740,419    
Reportable Legal Entities | Guarantor        
Current assets:        
Cash and cash equivalents 20,655 14,365 13,854 13,546
Accounts and notes receivable, net 32,338 15,749    
Rig materials and supplies (3,025) (5,369)    
Deferred costs 17 16    
Other tax assets 0 35,733    
Other current assets 6,345 5,555    
Total current assets 56,330 66,049    
Property, plant and equipment, net 428,556 469,927    
Goodwill 6,708 6,708    
Intangible assets, net 7,128 9,434    
Investment in subsidiaries and intercompany advances 2,971,456 2,932,375    
Other assets 237,755 301,771    
Total assets 3,707,933 3,786,264    
Current liabilities:        
Accounts payable and accrued liabilities 179,247 149,210    
Accrued income taxes (56,870) 1,576    
Total current liabilities 122,377 150,786    
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017 and $8,674 at December 31, 2016 0 0    
Other long-term liabilities 5,741 9,338    
Long-term deferred tax liability 0 73,039    
Intercompany payable 1,465,744 1,437,417    
Liabilities 1,593,862 1,670,580    
Total equity 2,114,071 2,115,684    
Total liabilities and stockholders’ equity 3,707,933 3,786,264    
Reportable Legal Entities | Non-Guarantor        
Current assets:        
Cash and cash equivalents 45,552 40,326 46,455 58,182
Accounts and notes receivable, net 90,173 97,482    
Rig materials and supplies 34,440 37,723    
Deferred costs 3,128 1,420    
Other tax assets 4,889 21,038    
Other current assets 7,982 7,576    
Total current assets 186,164 205,565    
Property, plant and equipment, net 197,234 223,531    
Goodwill 0 0    
Intangible assets, net 0 494    
Investment in subsidiaries and intercompany advances 3,955,553 3,676,402    
Other assets 537,124 539,877    
Total assets 4,876,075 4,645,869    
Current liabilities:        
Accounts payable and accrued liabilities 588,536 577,188    
Accrued income taxes (15,583) 2,504    
Total current liabilities 572,953 579,692    
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017 and $8,674 at December 31, 2016 0 0    
Other long-term liabilities 3,825 3,631    
Long-term deferred tax liability 79 (3,678)    
Intercompany payable 2,430,340 2,161,864    
Liabilities 3,007,197 2,741,509    
Total equity 1,868,878 1,904,360    
Total liabilities and stockholders’ equity 4,876,075 4,645,869    
Eliminations        
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 0 0    
Goodwill 0 0    
Intangible assets, net 0 0    
Investment in subsidiaries and intercompany advances (9,882,059) (9,588,190)    
Other assets (480,811) (480,811)    
Total assets (10,362,870) (10,069,001)    
Current liabilities:        
Accounts payable and accrued liabilities (617,477) (617,477)    
Accrued income taxes 0 0    
Total current liabilities (617,477) (617,477)    
Long-term debt, net of unamortized debt issuance costs of $7,029 at December 31, 2017 and $8,674 at December 31, 2016 0 0    
Other long-term liabilities 0 0    
Long-term deferred tax liability 0 0    
Intercompany payable (5,761,894) (5,427,598)    
Liabilities (6,379,371) (6,045,075)    
Total equity (3,983,499) (4,023,926)    
Total liabilities and stockholders’ equity $ (10,362,870) $ (10,069,001)