Parker Wellbore Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

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

Parent, Guarantor, Non-Guarantor Unaudited Consolidating Condensed Financial Statements - Consolidating Condensed Balance Sheet (Detail) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Current assets:
Cash and cash equivalents	$ 87,886	$ 97,869	$ 51,431	$ 108,803
Accounts and notes receivable, net	168,562	183,923
Rig materials and supplies	28,860	29,947
Deferred costs	1,089	3,249
Deferred income taxes	8,742	6,650
Other tax assets	33,524	25,358
Assets held for sale	11,550	5,315
Other current assets	12,821	15,302
Total current assets	353,034	367,613
Property, plant and equipment, net	786,158	719,809
Other noncurrent assets	116,541	128,824
Total assets	1,255,733	1,216,246
Current liabilities:
Current portion of long-term debt	10,000	145,723
Accounts payable and accrued liabilities	137,746	135,250
Accrued income taxes	4,120	4,837
Total current liabilities	151,866	285,810
Long-term debt	469,205	337,000
Other long-term liabilities	23,182	33,452
Long-term deferred tax liability	20,847	15,934
Contingencies
Stockholders' equity:
Common stock	19,818	19,508
Capital in excess of par value	646,217	637,042
Retained earnings (accumulated deficit)	(74,631)	(111,944)
Total controlling interest stockholders' equity	591,404	544,606
Noncontrolling interest	(771)	(556)
Total Equity	590,633	544,050	588,066	595,899
Total liabilities and stockholders' equity	1,255,733	1,216,246
Parent [Member]
Current assets:
Cash and cash equivalents	42,251	55,670	13,835	58,189
Accounts and notes receivable, net	289,957	289,512
Other tax assets	46,249	47,834
Other current assets		788
Total current assets	378,457	393,804
Property, plant and equipment, net	60	79
Investment in subsidiaries and intercompany advances	780,878	720,214
Other noncurrent assets	43,569	44,962
Total assets	1,202,964	1,159,059
Current liabilities:
Current portion of long-term debt	10,000	145,723
Accounts payable and accrued liabilities	65,839	60,120
Accrued income taxes		(205)
Total current liabilities	75,839	205,638
Long-term debt	469,205	337,000
Other long-term liabilities	3,933	8,081
Long-term deferred tax liability		1,151
Intercompany payables	62,583	62,583
Contingencies
Stockholders' equity:
Common stock	19,818	19,508
Capital in excess of par value	646,217	637,042
Retained earnings (accumulated deficit)	(74,631)	(111,944)
Total controlling interest stockholders' equity	591,404	544,606
Total Equity	591,404	544,606
Total liabilities and stockholders' equity	1,202,964	1,159,059
Guarantor [Member]
Current assets:
Cash and cash equivalents	11,023	4,212	2,317	1,768
Accounts and notes receivable, net	98,747	94,748
Rig materials and supplies	2,834	762
Deferred income taxes	7,615	5,311
Other tax assets	(31,136)	(25,218)
Other current assets	8,675	6,381
Total current assets	97,758	86,196
Property, plant and equipment, net	548,794	474,942
Investment in subsidiaries and intercompany advances	(233,388)	(212,883)
Other noncurrent assets	59,541	66,660
Total assets	472,705	414,915
Current liabilities:
Accounts payable and accrued liabilities	93,243	94,056
Accrued income taxes	612	921
Total current liabilities	93,855	94,977
Other long-term liabilities	6,129	9,474
Long-term deferred tax liability	36,894	25,232
Intercompany payables	43,657	43,657
Contingencies
Stockholders' equity:
Common stock	18,049	18,049
Capital in excess of par value	733,112	733,120
Retained earnings (accumulated deficit)	(458,991)	(509,594)
Total controlling interest stockholders' equity	292,170	241,575
Total Equity	292,170	241,575
Total liabilities and stockholders' equity	472,705	414,915
Non-Guarantor [Member]
Current assets:
Cash and cash equivalents	34,612	37,987	35,279	48,846
Accounts and notes receivable, net	292,644	285,326
Rig materials and supplies	26,026	29,185
Deferred costs	1,089	3,249
Deferred income taxes	1,127	853
Other tax assets	18,411	2,742
Assets held for sale	11,550	5,315
Other current assets	4,146	8,133
Total current assets	389,605	372,790
Property, plant and equipment, net	237,304	244,787
Investment in subsidiaries and intercompany advances	1,467,429	1,347,719
Other noncurrent assets	13,431	16,839
Total assets	2,107,769	1,982,135
Current liabilities:
Accounts payable and accrued liabilities	205,864	181,010
Accrued income taxes	3,508	4,121
Total current liabilities	209,372	185,131
Other long-term liabilities	13,120	15,897
Long-term deferred tax liability	(16,047)	(11,296)
Intercompany payables	216,320	111,619
Contingencies
Stockholders' equity:
Common stock	43,003	43,003
Capital in excess of par value	1,455,246	1,444,091
Retained earnings (accumulated deficit)	187,526	194,246
Total controlling interest stockholders' equity	1,685,775	1,681,340
Noncontrolling interest	(771)	(556)
Total Equity	1,685,004	1,680,784
Total liabilities and stockholders' equity	2,107,769	1,982,135
Eliminations [Member]
Current assets:
Accounts and notes receivable, net	(512,786)	(485,663)
Deferred income taxes		486
Total current assets	(512,786)	(485,177)
Property, plant and equipment, net		1
Investment in subsidiaries and intercompany advances	(2,014,919)	(1,855,050)
Other noncurrent assets		363
Total assets	(2,527,705)	(2,339,863)
Current liabilities:
Accounts payable and accrued liabilities	(227,200)	(199,936)
Total current liabilities	(227,200)	(199,936)
Long-term deferred tax liability		847
Intercompany payables	(322,560)	(217,859)
Contingencies
Stockholders' equity:
Common stock	(61,052)	(61,052)
Capital in excess of par value	(2,188,358)	(2,177,211)
Retained earnings (accumulated deficit)	271,465	315,348
Total controlling interest stockholders' equity	(1,977,945)	(1,922,915)
Total Equity	(1,977,945)	(1,922,915)
Total liabilities and stockholders' equity	$ (2,527,705)	$ (2,339,863)