XML 91 R79.htm IDEA: XBRL DOCUMENT v3.19.1
Supplemental Condensed Consolidated Financial Information (Condensed Consolidating Statements of Income) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Condensed Financial Statements, Captions [Line Items]    
Revenues $ 189,691 $ 205,132
Expenses:    
Operating costs 103,470 109,233
Depreciation, depletion, and amortization 62,126 57,066
General and administrative 9,741 10,762
(Gain) loss on disposition of assets 1,615 (161)
Total operating costs 176,952 176,900
Income (loss) from operations 12,739 28,232
Interest, net (8,538) (10,004)
Loss on derivatives (6,932) (6,762)
Other, net 5 6
Income (loss) before income taxes (2,726) 11,472
Income tax expense (benefit) (444) 3,607
Equity in net earnings from investment in subsidiaries, net of taxes 0 0
Net income (loss) (2,282) 7,865
Less: net income attributable to non-controlling interest 1,222 0
Net income (loss) attributable to Unit Corporation (3,504) 7,865
Consolidating Adjustments [Member]    
Condensed Financial Statements, Captions [Line Items]    
Revenues (25,112) (23,327)
Expenses:    
Operating costs (24,052) (22,893)
Depreciation, depletion, and amortization 0 0
General and administrative 0 0
(Gain) loss on disposition of assets 0 0
Total operating costs (24,052) (22,893)
Income (loss) from operations (1,060) (434)
Interest, net 0 0
Loss on derivatives 0 0
Other, net 0 0
Income (loss) before income taxes (1,060) (434)
Income tax expense (benefit) 0 0
Equity in net earnings from investment in subsidiaries, net of taxes (9,850) (21,725)
Net income (loss) (10,910) (22,159)
Less: net income attributable to non-controlling interest 0  
Net income (loss) attributable to Unit Corporation (10,910)  
Parent [Member]    
Condensed Financial Statements, Captions [Line Items]    
Revenues 0 0
Expenses:    
Operating costs 0 0
Depreciation, depletion, and amortization 1,934 1,918
General and administrative 0 0
(Gain) loss on disposition of assets (10) (30)
Total operating costs 1,924 1,888
Income (loss) from operations (1,924) (1,888)
Interest, net (8,202) (9,855)
Loss on derivatives (6,932) (6,762)
Other, net 5 6
Income (loss) before income taxes (17,053) (18,499)
Income tax expense (benefit) (3,699) (4,639)
Equity in net earnings from investment in subsidiaries, net of taxes 9,850 21,725
Net income (loss) (3,504) 7,865
Less: net income attributable to non-controlling interest 0  
Net income (loss) attributable to Unit Corporation (3,504)  
Combined Guarantor Subsidiaries [Member]    
Condensed Financial Statements, Captions [Line Items]    
Revenues 144,294 153,809
Expenses:    
Operating costs 71,393 73,106
Depreciation, depletion, and amortization 48,466 44,095
General and administrative 9,741 8,229
(Gain) loss on disposition of assets 1,667 (97)
Total operating costs 131,267 125,333
Income (loss) from operations 13,027 28,476
Interest, net 0 0
Loss on derivatives 0 0
Other, net 0 1
Income (loss) before income taxes 13,027 28,477
Income tax expense (benefit) 3,255 7,648
Equity in net earnings from investment in subsidiaries, net of taxes 0 0
Net income (loss) 9,772 20,829
Less: net income attributable to non-controlling interest 0  
Net income (loss) attributable to Unit Corporation 9,772  
Combined Non-Guarantor Subsidiaries [Member]    
Condensed Financial Statements, Captions [Line Items]    
Revenues 70,509 74,650
Expenses:    
Operating costs 56,129 59,020
Depreciation, depletion, and amortization 11,726 11,053
General and administrative 0 2,533
(Gain) loss on disposition of assets (42) (34)
Total operating costs 67,813 72,572
Income (loss) from operations 2,696 2,078
Interest, net (336) (149)
Loss on derivatives 0 0
Other, net 0 (1)
Income (loss) before income taxes 2,360 1,928
Income tax expense (benefit) 0 598
Equity in net earnings from investment in subsidiaries, net of taxes 0 0
Net income (loss) 2,360 $ 1,330
Less: net income attributable to non-controlling interest 1,222  
Net income (loss) attributable to Unit Corporation $ 1,138