XML 58 R59.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Common Share (Details) (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Earnings Per Share [Abstract]                      
Income from continuing operations                 $ 308,195,000 $ 344,250,000 $ 162,798,000
Less: Net income attributable to noncontrolling interest                 (95,368,000) (90,015,000) (43,807,000)
Less: Preferred stock dividends                 0 0 0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest                 10,935,000 1,714,000 2,049,000
Income from continuing operations attributable to common shareholders                 223,762,000 255,949,000 121,040,000
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest                 31,700,000 4,970,000 5,940,000
Net income attributable to Frank's International N.V. 55,085,000 40,814,000 105,363,000 54,200,000 64,100,000 68,067,000 67,595,000 61,157,000 255,462,000 260,919,000 126,980,000
Income from continuing operations applicable to common shares                 223,762,000 255,949,000 121,040,000
Add: Net income attributable to noncontrolling interest                 88,041,000 90,015,000 43,807,000
Net Income (Loss) from Continuing Operations Available to Common Stockholders, Diluted                 311,803,000 345,964,000 164,847,000
Dilutive net income available to common stockholders                 343,503,000 350,934,000 170,787,000
Weighted Average Number of Shares Outstanding, Diluted [Abstract]                      
Basic weighted average common shares                 132,257 119,024 119,024
Exchange of noncontrolling interest for common stock                 52,976 52,976 52,976
Retricted stock units                 273 0 0
Diluted weighted average common shares                 185,506 172,000 172,000
Basic earnings per common share:                      
Continuing Operations (in dollars per share)                 $ 1.69 $ 2.15 $ 1.02
Discontinued operations (in dollars per share)                 $ 0.24 $ 0.04 $ 0.05
Total (in dollars per share) $ 0.36 [1] $ 0.30 [1] $ 0.89 [1] $ 0.45 [1] $ 0.54 [1] $ 0.57 [1] $ 0.57 [1] $ 0.51 [1] $ 1.93 [1] $ 2.19 [1] $ 1.07
Diluted earnings per common share:                      
Continuing operations (in dollars per share)                 $ 1.68 $ 2.01 $ 0.96
Discontinued operations (in dollars per share)                 $ 0.17 $ 0.03 $ 0.03
Total (in dollars per share) $ 0.36 [1] $ 0.29 [1] $ 0.89 [1] $ 0.42 [1] $ 0.50 [1] $ 0.53 [1] $ 0.53 [1] $ 0.48 [1] $ 1.85 [1] $ 2.04 [1] $ 0.99
Tax expense from conversion of Preferred Stock   $ 7,300,000             $ 0    
[1] he sum of the individual quarterly earnings per share amounts may not agree with year-to-date net income per common share as each quarterly computation is based on the weighted average number of commons shares outstanding during that period.