XML 44 R57.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes (Details) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Taxes      
Income before income taxes $ 578,268,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $ 75,954,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $ 34,156,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Components of the provision for income taxes attributable to income (loss) before income taxes      
Current 82,489,000us-gaap_CurrentIncomeTaxExpenseBenefit 84,618,000us-gaap_CurrentIncomeTaxExpenseBenefit 21,148,000us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred 216,409,000us-gaap_DeferredIncomeTaxExpenseBenefit 82,380,000us-gaap_DeferredIncomeTaxExpenseBenefit 80,036,000us-gaap_DeferredIncomeTaxExpenseBenefit
Income tax expense 298,898,000us-gaap_IncomeTaxExpenseBenefit 166,998,000us-gaap_IncomeTaxExpenseBenefit 101,184,000us-gaap_IncomeTaxExpenseBenefit
Reconciliation of income tax expense and the reported effective tax rate      
Foreign income taxed at different rates 266,993,000us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential 127,301,000us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential 73,277,000us-gaap_IncomeTaxReconciliationForeignIncomeTaxRateDifferential
Change in valuation allowance 16,401,000us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance (4,065,000)us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance 14,103,000us-gaap_IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
Non-deductible and other items 8,957,000us-gaap_IncomeTaxReconciliationNondeductibleExpense 36,664,000us-gaap_IncomeTaxReconciliationNondeductibleExpense 5,669,000us-gaap_IncomeTaxReconciliationNondeductibleExpense
Tax shortfall related to equity-based compensation 6,547,000us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost 7,098,000us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost 8,135,000us-gaap_IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
Income tax expense 298,898,000us-gaap_IncomeTaxExpenseBenefit 166,998,000us-gaap_IncomeTaxExpenseBenefit 101,184,000us-gaap_IncomeTaxExpenseBenefit
Effective tax rate (as a percent) 51.70%us-gaap_EffectiveIncomeTaxRateContinuingOperations 219.90%us-gaap_EffectiveIncomeTaxRateContinuingOperations 296.20%us-gaap_EffectiveIncomeTaxRateContinuingOperations
Impact of losses incurred in jurisdictions in which company is not subject to taxes on effective tax rate 159,900,000us-gaap_IncomeTaxReconciliationTaxHolidays 178,800,000us-gaap_IncomeTaxReconciliationTaxHolidays 168,500,000us-gaap_IncomeTaxReconciliationTaxHolidays
Deferred tax assets:      
Foreign capitalized operating expenses 60,401,000kos_DeferredTaxAssetsForeignCapitalizedOperatingExpenses 46,087,000kos_DeferredTaxAssetsForeignCapitalizedOperatingExpenses  
Foreign net operating losses 15,548,000us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign 17,579,000us-gaap_DeferredTaxAssetsOperatingLossCarryforwardsForeign  
Equity compensation 36,711,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost 28,112,000us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost  
Unrealized derivative losses   10,197,000us-gaap_DeferredTaxAssetsDerivativeInstruments  
Other 20,657,000us-gaap_DeferredTaxAssetsOther 9,582,000us-gaap_DeferredTaxAssetsOther  
Total deferred tax assets 133,317,000us-gaap_DeferredTaxAssetsGross 111,557,000us-gaap_DeferredTaxAssetsGross  
Valuation allowance (75,941,000)us-gaap_DeferredTaxAssetsValuationAllowance (59,540,000)us-gaap_DeferredTaxAssetsValuationAllowance  
Total deferred tax assets, net 57,376,000us-gaap_DeferredTaxAssetsNet 52,017,000us-gaap_DeferredTaxAssetsNet  
Deferred tax liabilities:      
Depletion, depreciation and amortization related to property and equipment (322,895,000)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment (186,333,000)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment  
Unrealized derivative gains (92,675,000)us-gaap_DeferredTaxLiabilitiesDerivatives    
Total deferred tax liabilities (415,570,000)us-gaap_DeferredIncomeTaxLiabilities (186,333,000)us-gaap_DeferredIncomeTaxLiabilities  
Net deferred tax asset (liability) (358,194,000)us-gaap_DeferredTaxAssetsLiabilitiesNet (134,316,000)us-gaap_DeferredTaxAssetsLiabilitiesNet  
Bermuda      
Income Taxes      
Income before income taxes (31,787,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= country_BM
(26,492,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= country_BM
(11,651,000)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= country_BM
United States      
Income Taxes      
Income before income taxes 15,684,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= country_US
11,872,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= country_US
14,342,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= country_US
Components of the provision for income taxes attributable to income (loss) before income taxes      
Current 27,167,000us-gaap_CurrentIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= country_US
14,182,000us-gaap_CurrentIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= country_US
21,148,000us-gaap_CurrentIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= country_US
Deferred (14,403,000)us-gaap_DeferredIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= country_US
(2,665,000)us-gaap_DeferredIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= country_US
(7,908,000)us-gaap_DeferredIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= country_US
Reconciliation of income tax expense and the reported effective tax rate      
Effective tax rate (as a percent) 81.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
/ kos_AllCountriesAxis
= country_US
97.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
/ kos_AllCountriesAxis
= country_US
92.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
/ kos_AllCountriesAxis
= country_US
Foreign-other      
Income Taxes      
Income before income taxes 594,371,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
90,574,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
31,465,000us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
Components of the provision for income taxes attributable to income (loss) before income taxes      
Current 55,322,000us-gaap_CurrentIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
70,436,000us-gaap_CurrentIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
 
Deferred 230,812,000us-gaap_DeferredIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
85,045,000us-gaap_DeferredIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
87,944,000us-gaap_DeferredIncomeTaxExpenseBenefit
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
Reconciliation of income tax expense and the reported effective tax rate      
Effective tax rate (as a percent) 0.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
   
Statutory tax rate (as a percent) 0.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
/ kos_AllCountriesAxis
= kos_OtherForeignCountriesMember
   
Ghana      
Reconciliation of income tax expense and the reported effective tax rate      
Effective tax rate (as a percent) 36.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
/ kos_AllCountriesAxis
= country_GH
36.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
/ kos_AllCountriesAxis
= country_GH
36.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations
/ kos_AllCountriesAxis
= country_GH
Cameroon      
Deferred tax assets:      
Total deferred tax assets     40,100,000us-gaap_DeferredTaxAssetsGross
/ kos_AllCountriesAxis
= country_CM
Valuation allowance     $ (40,100,000)us-gaap_DeferredTaxAssetsValuationAllowance
/ kos_AllCountriesAxis
= country_CM