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, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 86,446	$ 148,689	$ 69,608	$ 87,886
Accounts and notes receivable, net	258,578	257,889
Rig materials and supplies	45,501	41,781
Deferred costs	9,621	13,682
Deferred income taxes	8,876	9,940
Other tax assets	23,871	24,079
Other current assets	26,708	23,223
Total current assets	459,601	519,283
Property, plant and equipment, net	906,099	871,356
Investment in subsidiaries and intercompany advances	0	0
Other noncurrent assets	158,276	144,117
Total assets	1,523,976	1,534,756
Current liabilities:
Current portion of long-term debt	10,000	25,000
Accounts payable and accrued liabilities	180,702	174,886
Accrued income taxes	10,567	7,266
Total current liabilities	201,269	207,152
Long-term debt	610,000	628,781
Other long-term liabilities	20,357	26,914
Long-term deferred tax liability	47,915	38,767
Intercompany payables	0	0
Contingencies	0	0
Liabilities	879,541	901,614
Stockholders’ equity:
Common stock	20,275	20,075
Capital in excess of par value	663,369	657,349
Retained Earnings (Accumulated Deficit)	(44,484)	(47,616)
Accumulated other comprehensive income	1,931	1,888
Total controlling interest stockholders’ equity	641,091	631,696
Noncontrolling interest	3,344	1,446
Total equity	644,435	633,142
Total liabilities and stockholders’ equity	1,523,976	1,534,756
Parent [Member]
Current assets:
Cash and cash equivalents	26,366	88,697	14,706	42,251
Accounts and notes receivable, net	0	0
Rig materials and supplies	0	0
Deferred costs	0	0
Deferred income taxes	0	(57)
Other tax assets	55,366	54,524
Other current assets	0	0
Total current assets	81,732	143,164
Property, plant and equipment, net	(19)	60
Investment in subsidiaries and intercompany advances	2,259,176	1,906,128
Other noncurrent assets	(478,308)	(457,954)
Total assets	1,862,581	1,591,398
Current liabilities:
Current portion of long-term debt	10,000	25,000
Accounts payable and accrued liabilities	56,856	75,268
Accrued income taxes	(5,231)	0
Total current liabilities	61,625	100,268
Long-term debt	610,000	628,781
Other long-term liabilities	5,036	5,037
Long-term deferred tax liability	(28)	0
Intercompany payables	546,788	227,504
Contingencies
Liabilities	1,223,421	961,590
Stockholders’ equity:
Total equity	639,160	629,808
Total liabilities and stockholders’ equity	1,862,581	1,591,398
Guarantor [Member]
Current assets:
Cash and cash equivalents	7,438	8,310	5,043	11,023
Accounts and notes receivable, net	110,739	101,299
Rig materials and supplies	713	3,002
Deferred costs	0	0
Deferred income taxes	7,221	8,435
Other tax assets	(48,490)	(46,770)
Other current assets	11,386	9,089
Total current assets	89,007	83,365
Property, plant and equipment, net	595,418	562,148
Investment in subsidiaries and intercompany advances	152,307	(336,570)
Other noncurrent assets	516,754	468,864
Total assets	1,353,486	777,807
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable and accrued liabilities	113,169	92,546
Accrued income taxes	9,043	725
Total current liabilities	122,212	93,271
Long-term debt	0	0
Other long-term liabilities	7,006	6,743
Long-term deferred tax liability	55,361	51,747
Intercompany payables	801,925	291,783
Contingencies
Liabilities	986,504	443,544
Stockholders’ equity:
Total equity	366,982	334,263
Total liabilities and stockholders’ equity	1,353,486	777,807
Non-Guarantor [Member]
Current assets:
Cash and cash equivalents	52,642	51,682	49,859	34,612
Accounts and notes receivable, net	147,839	156,590
Rig materials and supplies	44,788	38,779
Deferred costs	9,621	13,682
Deferred income taxes	1,655	1,562
Other tax assets	16,995	16,325
Other current assets	15,322	14,134
Total current assets	288,862	292,754
Property, plant and equipment, net	310,700	309,148
Investment in subsidiaries and intercompany advances	2,113,594	1,667,937
Other noncurrent assets	238,376	250,983
Total assets	2,951,532	2,520,822
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable and accrued liabilities	265,992	261,436
Accrued income taxes	6,755	6,541
Total current liabilities	272,747	267,977
Long-term debt	0	0
Other long-term liabilities	8,315	15,134
Long-term deferred tax liability	(7,418)	(12,980)
Intercompany payables	849,564	422,645
Contingencies
Liabilities	1,123,208	692,776
Stockholders’ equity:
Total equity	1,828,324	1,828,046
Total liabilities and stockholders’ equity	2,951,532	2,520,822
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
Deferred income taxes	0	0
Other tax assets	0	0
Other current assets	0	0
Total current assets	0	0
Property, plant and equipment, net	0	0
Investment in subsidiaries and intercompany advances	(4,525,077)	(3,237,495)
Other noncurrent assets	(118,546)	(117,776)
Total assets	(4,643,623)	(3,355,271)
Current liabilities:
Current portion of long-term debt	0	0
Accounts payable and accrued liabilities	(255,315)	(254,364)
Accrued income taxes	0	0
Total current liabilities	(255,315)	(254,364)
Long-term debt	0	0
Other long-term liabilities	0	0
Long-term deferred tax liability	0	0
Intercompany payables	(2,198,277)	(941,932)
Contingencies
Liabilities	(2,453,592)	(1,196,296)
Stockholders’ equity:
Total equity	(2,190,031)	(2,158,975)
Total liabilities and stockholders’ equity	$ (4,643,623)	$ (3,355,271)