Parker Wellbore Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 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	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 146,234	$ 119,691	$ 109,034	$ 134,294
Accounts and notes receivable, net	120,070	113,231
Rig materials and supplies	35,270	32,354
Other current assets	25,708	21,042
Total current assets	327,282	286,318
Property, plant and equipment, net	667,042	693,439
Goodwill	6,708	6,708
Intangible assets, net	8,470	9,928
Investment in subsidiaries and intercompany advances	0	0
Other noncurrent assets	112,604
Deferred Income Taxes and Other Assets, Noncurrent		107,158
Total assets	1,122,106	1,103,551
Current liabilities:
Deferred tax liability	77,221	69,333
Total liabilities	778,311	764,416
Total equity	343,795	339,135
Total liabilities and stockholders’ equity	1,122,106	1,103,551
Accounts payable and accrued liabilities	106,303	98,841
Accrued income taxes	5,136	4,080
Intercompany Payables	0	0
Liabilities, Current	111,439	102,921
Long-term Debt, Excluding Current Maturities	577,133	576,326
Other long-term liabilities	12,518	15,836
Common Stock, $0.16 2/3 par value, 280,000,000 shares authorized; 137,578,742 shares issued and outstanding (125,118,365 shares in 2016)	23,026	20,837
Capital in excess of par value	745,145	675,194
Accumulated deficit	(419,749)	(350,052)
Accumulated other comprehensive income (loss)	(5,127)	(6,844)
Stockholders' Equity Attributable to Parent	343,795	339,135
Parent [Member]
Current assets:
Cash and cash equivalents	89,006	65,000	55,280	73,985
Accounts and notes receivable, net	0	0
Rig materials and supplies	0	0
Other current assets	0	(50,296)
Total current assets	89,006	14,704
Property, plant and equipment, net	(19)	(19)
Goodwill	0	0
Intangible assets, net	0	0
Investment in subsidiaries and intercompany advances	2,950,669	2,979,413
Other noncurrent assets	(168,681)
Deferred Income Taxes and Other Assets, Noncurrent		(253,679)
Total assets	2,870,975	2,740,419
Current liabilities:
Deferred tax liability	77,221	(28)
Total liabilities	2,525,014	2,397,402
Total equity	345,961	343,017
Total liabilities and stockholders’ equity	2,870,975	2,740,419
Accounts payable and accrued liabilities	(47,834)	(10,080)
Accrued income taxes	69,506	0
Intercompany Payables	1,846,121	1,828,317
Liabilities, Current	21,672	(10,080)
Long-term Debt, Excluding Current Maturities	577,133	576,326
Other long-term liabilities	2,867	2,867
Guarantor [Member]
Current assets:
Cash and cash equivalents	16,558	14,365	12,192	13,854
Accounts and notes receivable, net	29,544	15,749
Rig materials and supplies	(4,813)	(5,369)
Other current assets	8,723	41,304
Total current assets	50,012	66,049
Property, plant and equipment, net	454,594	469,927
Goodwill	6,708	6,708
Intangible assets, net	8,281	9,434
Investment in subsidiaries and intercompany advances	2,947,916	2,932,375
Other noncurrent assets	222,237
Deferred Income Taxes and Other Assets, Noncurrent		301,771
Total assets	3,689,748	3,786,264
Current liabilities:
Deferred tax liability	0	73,039
Total liabilities	1,598,350	1,670,580
Total equity	2,091,398	2,115,684
Total liabilities and stockholders’ equity	3,689,748	3,786,264
Accounts payable and accrued liabilities	190,474	149,210
Accrued income taxes	(49,988)	1,576
Intercompany Payables	1,452,085	1,437,417
Liabilities, Current	140,486	150,786
Long-term Debt, Excluding Current Maturities	0	0
Other long-term liabilities	5,779	9,338
Non-Guarantor [Member]
Current assets:
Cash and cash equivalents	40,670	40,326	41,562	46,455
Accounts and notes receivable, net	90,526	97,482
Rig materials and supplies	40,083	37,723
Other current assets	16,985	30,034
Total current assets	188,264	205,565
Property, plant and equipment, net	212,467	223,531
Goodwill	0	0
Intangible assets, net	189	494
Investment in subsidiaries and intercompany advances	3,804,358	3,676,402
Other noncurrent assets	539,876
Deferred Income Taxes and Other Assets, Noncurrent		539,877
Total assets	4,745,154	4,645,869
Current liabilities:
Deferred tax liability	0	(3,678)
Total liabilities	2,852,068	2,741,509
Total equity	1,893,086	1,904,360
Total liabilities and stockholders’ equity	4,745,154	4,645,869
Accounts payable and accrued liabilities	581,140	577,188
Accrued income taxes	(14,382)	2,504
Intercompany Payables	2,281,438	2,161,864
Liabilities, Current	566,758	579,692
Long-term Debt, Excluding Current Maturities	0	0
Other long-term liabilities	3,872	3,631
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
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	(9,702,943)	(9,588,190)
Other noncurrent assets	(480,828)
Deferred Income Taxes and Other Assets, Noncurrent		(480,811)
Total assets	(10,183,771)	(10,069,001)
Current liabilities:
Deferred tax liability	0	0
Total liabilities	(6,197,121)	(6,045,075)
Total equity	(3,986,650)	(4,023,926)
Total liabilities and stockholders’ equity	(10,183,771)	(10,069,001)
Accounts payable and accrued liabilities	(617,477)	(617,477)
Accrued income taxes	0	0
Intercompany Payables	(5,579,644)	(5,427,598)
Liabilities, Current	(617,477)	(617,477)
Long-term Debt, Excluding Current Maturities	0	0
Other long-term liabilities	$ 0	$ 0