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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Mar. 31, 2019	Apr. 19, 2019
Document and Entity Information [Abstract]
Entity Registrant Name	Superior Energy Services Inc
Entity Central Index Key	0000886835
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		155,956,938
Trading Symbol	spn

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 151,568	$ 158,050
Accounts receivable, net of allowance for doubtful accounts of $13,512 and $12,080 at March 31, 2019 and December 31, 2018, respectively	420,811	447,353
Prepaid expenses	52,241	45,802
Inventory and other current assets	127,646	121,700
Total current assets	752,266	772,905
Property, plant and equipment, net of accumulated depreciation and depletion of $2,697,409 and $2,640,344 at March 31, 2019 and December 31, 2018, respectively	1,061,357	1,109,126
Operating lease right-of-use assets	103,082
Goodwill	137,495	136,788
Notes receivable	64,993	63,993
Restricted cash	2,722	5,698
Intangible and other long-term assets, net of accumulated amortization of $78,723 and $76,358 at March 31, 2019 and December 31, 2018, respectively	125,420	127,452
Total assets	2,247,335	2,215,962
Current liabilities:
Accounts payable	120,549	139,325
Accrued expenses	229,225	219,180
Income taxes payable	1,043	734
Current portion of decommissioning liabilities	3,565	3,538
Total current liabilities	354,382	362,777
Long-term debt, net	1,283,862	1,282,921
Decommissioning liabilities	128,062	126,558
Operating lease liabilities	78,384
Other long-term liabilities	154,579	152,967
Stockholders' equity:
Preferred stock of $0.01 par value. Authorized - 5,000,000 shares; none issued
Common stock of $0.001 par value, Authorized - 250,000,000, Issued and Outstanding - 155,956,600 at March 31, 2019, Authorized - 250,000,000, Issued and Outstanding - 154,885,418 at December 31, 2018	156	155
Additional paid in capital	2,739,083	2,735,125
Accumulated other comprehensive loss, net	(72,104)	(73,177)
Retained deficit	(2,419,069)	(2,371,364)
Total stockholders' equity	248,066	290,739
Total liabilities and stockholders' equity	$ 2,247,335	$ 2,215,962

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Condensed Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts	$ 13,512	$ 12,080
Accumulated depreciation and depletion on Property, plant and equipment	2,697,409	2,640,344
Accumulated amortization of Intangible and other long-term assets	$ 78,723	$ 76,358
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	250,000,000	250,000,000
Common stock, shares issued	155,956,600	154,885,418
Common stock, shares outstanding	155,956,600	154,885,418

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenues:
Total revenues	$ 467,176	$ 482,318
Costs and expenses:
Costs (exclusive of depreciation, depletion, amortization and accretion)	330,163	343,460
Depreciation, depletion, amortization and accretion	82,439	105,719
General and administrative expenses	73,845	75,820
Loss from operations	(19,271)	(42,681)
Other expense:
Interest expense, net	(25,121)	(24,887)
Other income (expense)	(1,612)	(1,735)
Loss from continuing operations before income taxes	(46,004)	(69,303)
Income taxes	1,701	(9,355)
Net loss from continuing operations	(47,705)	(59,948)
Loss from discontinued operations, net of income tax		224
Net loss	$ (47,705)	$ (59,724)
Basic and diluted loss per share	$ (0.31)	$ (0.39)
Weighted average shares outstanding	155,777	154,121
Services [Member]
Revenues:
Total revenues	$ 376,139	$ 399,768
Costs and expenses:
Costs (exclusive of depreciation, depletion, amortization and accretion)	288,476	311,139
Depreciation, depletion, amortization and accretion	66,776	87,747
Rentals [Member]
Revenues:
Total revenues	91,037	82,550
Costs and expenses:
Costs (exclusive of depreciation, depletion, amortization and accretion)	41,687	32,321
Depreciation, depletion, amortization and accretion	$ 15,663	$ 17,972

Condensed Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Condensed Consolidated Statement of Comprehensive Loss [Abstract]
Net loss	$ (47,705)	$ (59,724)
Change in cumulative translation adjustment, net of tax	1,073	4,388
Comprehensive loss	$ (46,632)	$ (55,336)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net loss	$ (47,705)	$ (59,724)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation, depletion, amortization and accretion	82,439	105,719
Deferred income taxes		(12,285)
Stock based compensation expense	8,453	8,197
Other reconciling items, net	(3,986)	(987)
Changes in operating assets and liabilities:
Accounts receivable	26,590	(44,692)
Inventory and other current assets	(5,941)	(15,620)
Accounts payable	(8,172)	16,810
Accrued expenses	(17,709)	(14,501)
Other, net	(6,590)	(7,875)
Net cash provided by (used in) operating activities	27,379	(24,958)
Cash flows from investing activities:
Payments for capital expenditures	(41,160)	(65,734)
Proceeds from sales of assets	5,066	12,135
Net cash used in investing activities	(36,094)	(53,599)
Cash flows from financing activities:
Proceeds from issuance of short-term debt		744
Tax withholdings for vested restricted stock units	(1,667)	(5,155)
Other		(304)
Net cash used in financing activities	(1,667)	(4,715)
Effect of exchange rate changes on cash	924	1,812
Net change in cash, cash equivalents, and restricted cash	(9,458)	(81,460)
Cash, cash equivalents, and restricted cash at beginning of period	163,748	192,483
Cash, cash equivalents, and restricted cash at end of period	$ 154,290	$ 111,023

Consolidated Statements Of Changes In Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Loss, Net [Member]	Retained Deficit [Member]	Total
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2017	$ 153	$ 2,713,161	$ (67,427)	$ (1,513,458)	$ 1,132,429
Beginning balance, shares at Dec. 31, 2017	153,263,097
Net loss				(59,724)	(59,724)
Foreign currency translation adjustment			4,388		4,388
Stock-based compensation expense, net of forfeitures		6,229			6,229
Restricted stock units vested, Value	$ 1	(1)
Restricted stock units vested, shares	1,431,646
Shares withheld and retired, value		(5,153)			(5,153)
Shares withheld and retired, shares	(457,481)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2018	$ 154	2,714,236	(63,039)	(1,573,182)	1,078,169
Ending balance, shares at Mar. 31, 2018	154,237,262
Stockholders' Equity Attributable to Parent, Beginning Balance at Dec. 31, 2018	$ 155	2,735,125	(73,177)	(2,371,364)	290,739
Beginning balance, shares at Dec. 31, 2018	154,885,418
Net loss				(47,705)	(47,705)
Foreign currency translation adjustment			1,073		1,073
Stock-based compensation expense, net of forfeitures		5,625			5,625
Restricted stock units vested, Value	$ 1	(1)
Restricted stock units vested, shares	1,503,046
Shares withheld and retired, value		(1,666)			(1,666)
Shares withheld and retired, shares	(431,864)
Stockholders' Equity Attributable to Parent, Ending Balance at Mar. 31, 2019	$ 156	$ 2,739,083	$ (72,104)	$ (2,419,069)	$ 248,066
Ending balance, shares at Mar. 31, 2019	155,956,600

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Basis of Presentation	3 Months Ended
Basis of Presentation	Mar. 31, 2019
Basis of Presentation [Abstract]
Basis of Presentation	(1)Basis of Presentation Certain information and footnote disclosures normally in financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission (SEC); however, management believes the disclosures that are made are adequate to make the information presented not misleading. These financial statements and notes should be read in conjunction with the consolidated financial statements and notes thereto included in Superior Energy Services, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2018, and Management’s Discussion and Analysis of Financial Condition and Results of Operations herein. The financial information of Superior Energy Services, Inc. and its subsidiaries (the Company) for the three months ended March 31, 2019 and 2018 has not been audited. However, in the opinion of management, all adjustments necessary to present fairly the results of operations for the periods presented have been included therein. The results of operations for the first three months of the year are not necessarily indicative of the results of operations that might be expected for the entire year. Due to the nature of the Company’s business, the Company is involved, from time to time, in routine litigation or subject to disputes or claims regarding its business activities. Legal costs related to these matters are expensed as incurred. In management’s opinion, none of the pending litigation, disputes or claims is expected to have a material adverse effect on the Company’s financial condition, results of operations or liquidity. The Company evaluates events that occur after the balance sheet date but before the financial statements are issued for potential recognition or disclosure. Based on the evaluation, the Company determined that there were no material subsequent events for recognition or disclosure.

Revenue

3 Months Ended

Mar. 31, 2019

Revenue [Abstract]

Revenue

(2)Revenue

Revenue Recognition

Revenues are recognized when performance obligations are satisfied in accordance with contractual terms, in an amount that reflects the consideration the Company expects to be entitled to in exchange for services rendered or rentals provided. Taxes collected from customers and remitted to governmental authorities and revenues are reported on a net basis in the Company’s financial statements.

Performance Obligations

A performance obligation arises under contracts with customers to render services or provide rentals, and is the unit of account under Topic 606. The Company accounts for services rendered and rentals provided separately if they are distinct and the service or rental is separately identifiable from other items provided to a customer and if a customer can benefit from the services rendered or rentals provided on its own or with other resources that are readily available to the customer. A contract’s transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. A contract’s standalone selling prices are determined based on the prices that the Company charges for its services rendered and rentals provided. The majority of the Company’s performance obligations are satisfied over time, which is generally represented by a period of 30 days or less. The Company’s payment terms vary by the type of products or services offered. The term between invoicing and when the payment is due is typically 30 days.

Services revenue primarily represents amounts charged to customers for the completion of services rendered, including labor, products and supplies necessary to perform the service. Rates for these services vary depending on the type of services provided and can be based on a per job, per hour or per day basis.

Rentals revenue is, primarily priced on a per day, per man hour or similar basis and consists of fees charged to customers for use of the Company’s rental equipment over the term of the rental period, which is generally less than twelve months.

The Company expenses sales commissions when incurred because the amortization period would have been one year or less.

Disaggregation of revenue

The following table presents the Company’s revenues by segment disaggregated by geography (in thousands):



	Three Months Ended March 31,
		2019		2018
U.S. land
Drilling Products and Services	$	48,217	$	40,717
Onshore Completion and Workover Services		205,038		231,489
Production Services		40,666		52,457
Technical Solutions		11,920		6,833
Total U.S. land	$	305,841	$	331,496

U.S. offshore
Drilling Products and Services	$	29,067	$	20,989
Onshore Completion and Workover Services		-		-
Production Services		19,272		17,500
Technical Solutions		20,933		37,562
Total U.S. offshore	$	69,272	$	76,051

International
Drilling Products and Services	$	23,795	$	23,496
Onshore Completion and Workover Services		-		-
Production Services		43,512		30,760
Technical Solutions		24,756		20,515
Total International	$	92,063	$	74,771
Total Revenues	$	467,176	$	482,318

The following table presents the Company’s revenues by segment disaggregated by type (in thousands):



	Three Months Ended March 31,
		2019		2018
Services
Drilling Products and Services	$	31,121	$	24,005
Onshore Completion and Workover Services		194,417		221,347
Production Services		94,848		94,614
Technical Solutions		55,753		59,802
Total services	$	376,139	$	399,768

Rentals
Drilling Products and Services	$	69,958	$	61,197
Onshore Completion and Workover Services		10,621		10,142
Production Services		8,602		6,103
Technical Solutions		1,856		5,108
Total rentals	$	91,037	$	82,550
Total Revenues	$	467,176	$	482,318

Impact of adoption of Accounting Standards Update (ASU) 2016-02, Leases (Topic 842)

Services revenue:

In connection with adoption of Topic 842, the Company determined that certain of its services revenue contracts contain a lease component. The Company elected to adopt a practical expedient available to lessors, which allows the Company to combine the lease and non-lease components and account for the combined component in accordance with the accounting treatment for the predominant component. Therefore, the Company combined the lease and service components for certain of the Company’s service contracts and continues to account for the combined component under Topic 606, Revenue from Contracts with Customers.

Rentals revenue:

The Company determined that its rentals revenue contracts represent short-term operating leases. Therefore, the adoption of the ASU 2016-02 did not result in any changes in the timing or method of revenue recognition for the Company’s rental revenues.

Inventory

3 Months Ended

Mar. 31, 2019

Inventory [Abstract]

Inventory

(3)Inventory

Inventories are stated at the lower of cost or net realizable value. The Company applies net realizable value and obsolescence to the gross value of the inventory. Cost is determined using the first-in, first-out or weighted-average cost methods for finished goods and work-in-process. Supplies and consumables primarily consist of products used in our services provided to customers. The components of the inventory balances are as follows (in thousands):



	March 31, 2019		December 31, 2018
Finished goods	$	54,931	$	54,144
Raw materials		17,358		16,795
Work-in-process		7,992		5,544
Supplies and consumables		34,064		30,822
Total	$	114,345	$	107,305

Notes Receivable	3 Months Ended
Notes Receivable	Mar. 31, 2019
Notes Receivable [Abstract]
Notes Receivable	(4)Notes Receivable Notes receivable consist of a commitment from the seller of an oil and gas property acquired by the Company related to costs associated with the abandonment of the acquired property. Pursuant to an agreement with the seller, the Company will invoice the seller an agreed upon amount at the completion of certain decommissioning activities. The gross amount of this obligation totals $115.0 million and is recorded at present value using an effective interest rate of 6.58%. The related discount is amortized to interest income based on the expected timing of completion of the decommissioning activities. The Company recorded interest income related to notes receivable of $1.0 million for each of the three months ended March 31, 2019 and 2018.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

Debt

3 Months Ended

Mar. 31, 2019

Debt [Abstract]

Debt

(5)Debt

The Company’s outstanding debt is as follows (in thousands):



	March 31, 2019		December 31, 2018
	Long-term		Long-term
Senior unsecured notes due September 2024	$	500,000	$	500,000
Senior unsecured notes due December 2021		800,000		800,000
Total debt, gross		1,300,000		1,300,000
Unamortized debt issuance costs		(16,138)		(17,079)
Total debt, net	$	1,283,862	$	1,282,921

Credit Facility

The Company has an asset-based revolving credit facility which matures in October 2022. The borrowing base under the credit facility is calculated based on a formula referencing the borrower’s and the subsidiary guarantors’ eligible accounts receivable, eligible inventory and eligible premium rental drill pipe less reserves. Availability under the credit facility is the lesser of (i) the commitments, (ii) the borrowing base and (iii) the highest principal amount permitted to be secured under the indenture governing the 7 1/8% senior unsecured notes due 2021. At March 31, 2019, the borrowing base was $240.8 million and the Company had $73.2 million of letters of credit outstanding that reduced its borrowing availability under the revolving credit facility. The credit agreement contains various covenants, including, but not limited to, limitations on the incurrence of indebtedness, permitted investments, liens on assets, making distributions, transactions with affiliates, merger, consolidations, dispositions of assets and other provisions customary in similar types of agreements.

Senior Unsecured Notes

The Company has outstanding $500 million of 7 3/4% senior unsecured notes due September 2024. The indenture governing the 7 3/4% senior unsecured notes due 2024 requires semi-annual interest payments on March 15 and September 15 of each year through the maturity date of September 15, 2024.

The Company also has outstanding $800 million of 7 1/8% senior unsecured notes due December 2021. The indenture governing the 7 1/8% senior unsecured notes due 2021 requires semi-annual interest payments on June 15 and December 15 of each year through the maturity date of December 15, 2021.

Decommissioning Liabilities	3 Months Ended
Decommissioning Liabilities	Mar. 31, 2019
Decommissioning Liabilities [Abstract]
Decommissioning Liabilities	(6)Decommissioning Liabilities The Company’s decommissioning liabilities associated with an oil and gas property and its related assets include liabilities related to the plugging of wells, removal of the related platform and equipment, and site restoration. The Company reviews the adequacy of its decommissioning liabilities whenever indicators suggest that the estimated cash flows and/or relating timing needed to satisfy the liability have changed materially. The Company had decommissioning liabilities of $131.6 million and $130.1 million at March 31, 2019 and December 31, 2018, respectively.

Leases

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Leases

(7) Leases

Adoption of ASU 2016-02, Leases

The Company adopted the new standard on January 1, 2019 and used the effective date as the date of initial application. Therefore, prior period financial information has not been adjusted and continues to be reflected in accordance with the Company’s historical accounting policy. The standard establishes a right-of-use (ROU) model that requires a lessee to recognize a ROU asset and lease liability on the balance sheet for all leases with a term longer than 12 months.

The standard provides a number of optional practical expedients in transition. The Company elected the “package of practical expedients,” which, among other things, allows the Company to carry forward its historical lease classification.

The adoption of this standard resulted in the recording of operating lease assets and operating lease liabilities of approximately $100.0 million as of January 1, 2019, with no related impact on the Company’s condensed consolidated statement of equity or condensed consolidated statement of operations. Short-term leases have not been recorded on the balance sheet.

Accounting Policy for Leases

The Company determines if an arrangement is a lease at inception. All of the Company’s leases are operating leases and are included in ROU assets, accounts payable and operating lease liabilities in the condensed consolidated balance sheet.

ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligations to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. The Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The Company’s lease terms may include options to extend or terminate the lease.

Overview

The Company’s operating leases are primarily for real estate, machinery and equipment, and vehicles. The terms and conditions for these leases vary by the type of underlying asset. Total operating lease expense was $15.7 million and $13.5 million for the three months ended March 31, 2019 and 2018, respectively. For the three months ended March 31, 2019, a portion of the total operating lease expense relating to short-term leases was $5.4 million.

Supplemental Balance Sheet Information

Operating leases at March 31, 2019 were as follows (in thousands):



	March 31, 2019
Operating lease ROU assets	$	103,082

Accrued expenses	$	27,589
Operating lease liabilities		78,384
Total operating lease liabilities	$	105,973

Cash paid for operating leases	$	8,742
ROU assets obtained in exchange for lease obligations	$	6,877

Weighted average remaining lease term		8 years
Weighted average discount rate		6.75%

Maturities of operating lease liabilities at March 31, 2019 are as follows (in thousands):



Remainder of 2019	$ 24,890
2020	27,169
2021	20,317
2022	11,847
2023	7,341
Thereafter	48,535
Total lease payments	140,099
Less imputed interest	(34,126)
Total	$ 105,973

At December 31, 2018, future minimum lease payments under long-term leases for the five years ending December 31, 2019 through 2023 and thereafter are as follows: $30.8 million, $24.3 million, $16.6 million, $9.8 million and $6.9 million and $37.8 million, respectively.

Fair Value Measurements

3 Months Ended

Mar. 31, 2019

Fair Value Measurements [Abstract]

Fair Value Measurements

(8) Fair Value Measurements

Fair value is defined as the price that would be received to sell an asset or the price paid to transfer a liability in an orderly transaction between market participants at the measurement date. Inputs used in determining fair value are characterized according to a hierarchy that prioritizes those inputs based on the degree to which they are observable. The three input levels of the fair value hierarchy are as follows.

Level 1: Unadjusted quoted prices in active markets for identical assets and liabilities.

Level 2: Observable inputs other than those included in Level 1, such as quoted prices for similar assets and liabilities in active markets; quoted prices for identical assets or liabilities in inactive markets; or model-derived valuations or other inputs that can be corroborated by observable market data.

Level 3: Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability.

The following tables provide a summary of the financial assets and liabilities measured at fair value on a recurring basis (in thousands):




	Fair Value at March 31, 2019
	Level 1		Level 2		Level 3		Total
Intangible and other long-term assets, net:
Non-qualified deferred compensation assets	$	-	$	14,183	$	-	$	14,183
Accounts payable:
Non-qualified deferred compensation liabilities	$	-	$	1,329	$	-	$	1,329
Other long-term liabilities:
Non-qualified deferred compensation liabilities	$	-	$	20,961	$	-	$	20,961
Total debt	$	1,141,127	$	-	$	-	$	1,141,127

	Fair Value at December 31, 2018
	Level 1		Level 2		Level 3		Total
Intangible and other long-term assets, net:
Non-qualified deferred compensation assets	$	376	$	12,930	$	-	$	13,306
Accounts payable:
Non-qualified deferred compensation liabilities	$	-	$	1,138	$	-	$	1,138
Other long-term liabilities:
Non-qualified deferred compensation liabilities	$	-	$	19,766	$	-	$	19,766
Total debt	$	1,084,711	$	-	$	-	$	1,084,711

The Company’s non-qualified deferred compensation plans allow officers, certain highly compensated employees and non-employee directors to defer receipt of a portion of their compensation and contribute such amounts to one or more hypothetical investment funds. These investments are reported at fair value based on unadjusted quoted prices in active markets for identifiable assets and observable inputs for similar assets and liabilities, which represent Levels 1 and 2, respectively, in the fair value hierarchy.

The carrying amount of cash equivalents, accounts receivable, accounts payable and accrued expenses, as reflected in the condensed consolidated balance sheets, approximates fair value due to the short maturities. The fair value of the debt instruments is determined by reference to the market value of the instrument as quoted in an over-the-counter market.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Segment Information

3 Months Ended

Mar. 31, 2019

Segment Information [Abstract]

Segment Information

(9) Segment Information

Business Segments

The Drilling Products and Services segment rents and sells premium drill pipe, bottom hole assemblies, tubulars and specialized equipment for use with onshore and offshore oil and gas well drilling, completion, production and workover activities. It also provides on-site accommodations and machining services. The Onshore Completion and Workover Services segment provides pressure pumping services used to complete and stimulate production in new oil and gas wells, fluid handling services and well servicing rigs that provide a variety of well completion, workover and maintenance services. The Production Services segment provides intervention services such as coiled tubing, cased hole and mechanical wireline, hydraulic workover and snubbing, production testing and optimization, and remedial pumping services. The Technical Solutions segment provides services typically requiring specialized engineering, manufacturing or project planning, including well containment systems, stimulation and sand control services, well plug and abandonment services and the production and sale of oil and gas.

The Company evaluates the performance of its reportable segments based on income or loss from operations excluding corporate expenses. The segment measure is calculated as follows: segment revenues less segment operating expenses, depreciation, depletion, amortization and accretion expense and reduction in value of assets. The Company uses this segment measure to evaluate its reportable segments because it is the measure that is most consistent with how the Company organizes and manages its business operations. Corporate and other costs primarily include expenses related to support functions, salaries and benefits for corporate employees and stock-based compensation expense.

Summarized financial information for the Company’s segments is as follows (in thousands):



Three Months Ended March 31, 2019

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	101,079	$	205,038	$	103,450	$	57,609	$	-	$	467,176
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		42,205		171,799		79,881		36,278		-		330,163
Depreciation, depletion, amortization
and accretion		23,026		37,743		14,140		6,310		1,220		82,439
General and administrative expenses		14,569		10,575		7,812		15,937		24,952		73,845
Income (loss) from operations		21,279		(15,079)		1,617		(916)		(26,172)		(19,271)
Interest income (expense), net		-		-		-		1,018		(26,139)		(25,121)
Other expense		-		-		-		-		(1,612)		(1,612)
Income (loss) from continuing operations
before income taxes	$	21,279	$	(15,079)	$	1,617	$	102	$	(53,923)	$	(46,004)



Three Months Ended March 31, 2018

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	85,202	$	231,489	$	100,717	$	64,910	$	-	$	482,318
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		35,070		180,651		85,936		41,803		-		343,460
Depreciation, depletion, amortization
and accretion		29,641		47,655		19,280		7,730		1,413		105,719
General and administrative expenses		12,524		13,226		9,593		14,060		26,417		75,820
Income (loss) from operations		7,967		(10,043)		(14,092)		1,317		(27,830)		(42,681)
Interest income (expense), net		-		-		-		956		(25,843)		(24,887)
Other expense		-		-		-		-		(1,735)		(1,735)
Income (loss) from continuing operations
before income taxes	$	7,967	$	(10,043)	$	(14,092)	$	2,273	$	(55,408)	$	(69,303)



Identifiable Assets
			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
March 31, 2019	$	607,991	$	743,319	$	497,110	$	331,877	$	67,038	$	2,247,335
December 31, 2018	$	587,264	$	808,037	$	434,430	$	340,161	$	46,070	$	2,215,962

Geographic Segments

The Company attributes revenue to various countries based on the location of where services are performed or the destination of the drilling products or equipment sold or rented. Long-lived assets consist primarily of property, plant and equipment and are attributed to various countries based on the physical location of the asset at the end of a period. The Company’s revenue attributed to the U.S. and to other countries and the value of its long-lived assets by those locations are as follows (in thousands):



Revenues
	Three Months Ended March 31,
	2019		2018
United States	$	375,113	$	407,547
Other countries		92,063		74,771
Total	$	467,176	$	482,318

Long-Lived Assets

	March 31, 2019		December 31, 2018
United States	$	867,831	$	903,520
Other countries		193,526		205,606
Total	$	1,061,357	$	1,109,126

Stock-Based Compensation Plans	3 Months Ended
Stock-Based Compensation Plans	Mar. 31, 2019
Stock-Based Compensation Plans [Abstract]
Stock-Based Compensation Plans	(10)Stock-Based Compensation Plans The Company maintains various stock incentive plans that provide long-term incentives to the Company’s key employees, including officers, directors, consultants and advisors (Eligible Participants). Under the stock incentive plans, the Company may grant incentive stock options, restricted stock, restricted stock units, stock appreciation rights, other stock-based awards or any combination thereof to Eligible Participants. The Company’s total compensation expense related to these plans was approximately $8.0 million and $7.9 million for the three months ended March 31, 2019 and March 31, 2018, respectively, which is reflected in general and administrative expenses.

Income Taxes	3 Months Ended
Income Taxes	Mar. 31, 2019
Income Taxes [Abstract]
Income Taxes	(11) Income Taxes The Company had $30.6 million of unrecorded tax benefits as of March 31, 2019 and December 31, 2018, all of which would impact the Company’s effective tax rate if recognized. It is the Company’s policy to recognize interest and applicable penalties, if any, related to uncertain tax positions in income tax expense.

Earnings Per Share	3 Months Ended
Earnings Per Share	Mar. 31, 2019
Earnings Per Share [Abstract]
Earnings Per Share	(12) Earnings per Share Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed in the same manner as basic earnings per share except that the denominator is increased to include the number of additional common shares that could have been outstanding assuming the exercise of stock options and the conversion of restricted stock units. The Company incurred a loss from continuing operations for the three months ended March 31, 2019 and 2018; therefore the impact of any incremental shares would be anti-dilutive.

Supplemental Guarantor Information

3 Months Ended

Mar. 31, 2019

Supplemental Guarantor Information [Abstract]

Supplemental Guarantor Information

(13) Supplemental Guarantor Information

SESI, L.L.C. (the Issuer), a 100% owned subsidiary of Superior Energy Services, Inc. (Parent), has $500 million of 7 3/4% senior unsecured notes due 2024. The Parent, along with certain of its 100% owned domestic subsidiaries, fully and unconditionally guaranteed such senior unsecured notes, and such guarantees are joint and several.



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Balance Sheets
March 31, 2019
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	-	$	93,466	$	1,054	$	57,048	$	-	$	151,568
Accounts receivable, net		-		33		333,795		86,983		-		420,811
Intercompany accounts receivable		-		15,096		71,698		3,752		(90,546)		-
Other current assets		-		11,087		118,721		50,079		-		179,887
Total current assets		-		119,682		525,268		197,862		(90,546)		752,266

Property, plant and equipment, net		-		9,981		881,610		169,766		-		1,061,357
Operating lease right-of-use assets		-		20,785		68,086		14,211		-		103,082
Goodwill		-		-		80,544		56,951		-		137,495
Notes receivable		-		-		64,993		-		-		64,993
Long-term intercompany accounts receivable		2,247,345		-		2,032,421		182,186		(4,461,952)		-
Equity investments of consolidated subsidiaries		(1,999,279)		3,748,111		6,721		-		(1,755,553)		-
Restricted cash		-		-		2,677		45		-		2,722
Intangible and other long-term assets, net		-		19,636		98,608		7,176		-		125,420
Total assets	$	248,066	$	3,918,195	$	3,760,928	$	628,197	$	(6,308,051)	$	2,247,335

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	-	$	13,988	$	83,417	$	23,144	$	-	$	120,549
Accrued expenses		-		86,259		108,566		34,400		-		229,225
Income taxes payable		-		(1,881)		-		2,924		-		1,043
Intercompany accounts payable		-		724		7,501		82,321		(90,546)		-
Current portion of decommissioning liabilities		-		-		-		3,565		-		3,565
Total current liabilities		-		99,090		199,484		146,354		(90,546)		354,382

Long-term debt, net		-		1,283,862		-		-		-		1,283,862
Decommissioning liabilities		-		-		128,062		-		-		128,062
Operating lease liabilities		-		21,252		47,502		9,630		-		78,384
Long-term intercompany accounts payable		-		4,461,952		-		-		(4,461,952)		-
Other long-term liabilities		-		51,318		77,062		26,199		-		154,579
Total stockholders' equity (deficit)		248,066		(1,999,279)		3,308,818		446,014		(1,755,553)		248,066
Total liabilities and stockholders' equity	$	248,066	$	3,918,195	$	3,760,928	$	628,197	$	(6,308,051)	$	2,247,335



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Balance Sheets
December 31, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	-	$	102,224	$	707	$	55,119	$	-	$	158,050
Accounts receivable, net		-		160		367,497		79,696		-		447,353
Intercompany accounts receivable		-		12,279		74,906		3,489		(90,674)		-
Other current assets		-		12,805		111,560		43,137		-		167,502
Total current assets		-		127,468		554,670		181,441		(90,674)		772,905

Property, plant and equipment, net		-		10,129		920,978		178,019		-		1,109,126
Goodwill		-		-		80,544		56,244		-		136,788
Notes receivable		-		-		63,993		-		-		63,993
Long-term intercompany accounts receivable		2,243,431		-		1,991,912		182,284		(4,417,627)		-
Equity investments of consolidated subsidiaries		(1,952,647)		3,754,887		5,992		-		(1,808,232)		-
Restricted cash		-		-		5,653		45		-		5,698
Intangible and other long-term assets, net		-		19,255		100,847		7,350		-		127,452
Total assets	$	290,784	$	3,911,739	$	3,724,589	$	605,383	$	(6,316,533)	$	2,215,962

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	-	$	8,807	$	109,903	$	20,615	$	-	$	139,325
Accrued expenses		45		102,845		86,926		29,364		-		219,180
Income taxes payable		-		1,237		-		(503)		-		734
Intercompany accounts payable		-		724		6,869		83,081		(90,674)		-
Current portion of decommissioning liabilities		-		-		-		3,538		-		3,538
Total current liabilities		45		113,613		203,698		136,095		(90,674)		362,777

Long-term debt, net		-		1,282,921		-		-		-		1,282,921
Decommissioning liabilities		-		-		126,558		-		-		126,558
Long-term intercompany accounts payable		-		4,417,627		-		-		(4,417,627)		-
Other long-term liabilities		-		50,225		76,543		26,199		-		152,967
Total stockholders' equity (deficit)		290,739		(1,952,647)		3,317,790		443,089		(1,808,232)		290,739
Total liabilities and stockholders' equity	$	290,784	$	3,911,739	$	3,724,589	$	605,383	$	(6,316,533)	$	2,215,962



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Three Months Ended March 31, 2019
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	391,392		81,899		(6,115)	$	467,176
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		(819)		280,978		56,119		(6,115)		330,163
Depreciation, depletion, amortization and
accretion		-		950		71,563		9,926		-		82,439
General and administrative expenses		-		24,322		39,416		10,107		-		73,845
Income (loss) from operations		-		(24,453)		(565)		5,747		-		(19,271)

Other income (expense):
Interest expense, net		-		(26,382)		1,227		34		-		(25,121)
Other income (expense)		-		(791)		98		(919)		-		(1,612)
Equity in earnings (losses) of consolidated subsidiaries		(47,705)		(7,848)		729		-		54,824		-
Income (loss) from operations before income taxes		(47,705)		(59,474)		1,489		4,862		54,824		(46,004)
Income taxes		-		(11,769)		10,459		3,011		-		1,701
Net income (loss)		(47,705)		(47,705)		(8,970)		1,851		54,824		(47,705)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Three Months Ended March 31, 2019
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net income (loss)	$	(47,705)	$	(47,705)	$	(8,970)	$	1,851	$	54,824	$	(47,705)
Change in cumulative translation adjustment, net of tax		1,073		1,073		-		1,073		(2,146)		1,073
Comprehensive income (loss)	$	(46,632)	$	(46,632)	$	(8,970)	$	2,924	$	52,678	$	(46,632)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Three Months Ended March 31, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	435,134	$	53,259	$	(6,075)	$	482,318
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		(2,626)		311,064		41,097		(6,075)		343,460
Depreciation, depletion, amortization and
accretion		-		1,019		92,714		11,986		-		105,719
General and administrative expenses		-		25,664		38,689		11,467		-		75,820
Loss from operations		-		(24,057)		(7,333)		(11,291)		-		(42,681)

Other income (expense):
Interest expense, net		-		(25,870)		967		16		-		(24,887)
Other income (expense)		-		(66)		274		(1,943)		-		(1,735)
Equity in losses of consolidated subsidiaries		(59,724)		(17,470)		(168)		-		77,362		-
Loss from continuing operations before income taxes		(59,724)		(67,463)		(6,260)		(13,218)		77,362		(69,303)
Income taxes		-		(7,739)		(1,076)		(540)		-		(9,355)
Net loss from continuing operations		(59,724)		(59,724)		(5,184)		(12,678)		77,362		(59,948)
Loss from discontinued operations, net of income tax		-		-		-		224		-		224
Net loss	$	(59,724)	$	(59,724)	$	(5,184)	$	(12,454)	$	77,362	$	(59,724)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Three Months Ended March 31, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(59,724)	$	(59,724)	$	(5,184)	$	(12,454)	$	77,362	$	(59,724)
Change in cumulative translation adjustment, net of tax		4,388		4,388		-		4,388		(8,776)		4,388
Comprehensive loss	$	(55,336)	$	(55,336)	$	(5,184)	$	(8,066)	$	68,586	$	(55,336)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Cash Flows
Three Months Ended March 31, 2019
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	5,581	$	(49,421)	$	67,883	$	3,336	$	27,379

Cash flows from investing activities:
Payments for capital expenditures		-		(845)		(38,909)		(1,406)		(41,160)
Proceeds from sales of assets		-		-		5,066		-		5,066
Net cash used in investing activities		-		(845)		(33,843)		(1,406)		(36,094)

Cash flows from financing activities:
Changes in notes with affiliated companies, net		(3,914)		41,508		(36,669)		(925)		-
Other		(1,667)		-		-		-		(1,667)
Net cash provided by (used in) financing activities		(5,581)		41,508		(36,669)		(925)		(1,667)
Effect of exchange rate changes on cash		-		-		-		924		924
Net change in cash, cash equivalents, and restricted cash		-		(8,758)		(2,629)		1,929		(9,458)

Cash, cash equivalents, and restricted cash at beginning of period		-		102,224		6,360		55,164		163,748
Cash, cash equivalents, and restricted cash at end of period	$	-	$	93,466	$	3,731	$	57,093	$	154,290



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Cash Flows
Three Months Ended March 31, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	6,229	$	(42,958)	$	17,549	$	(15,047)	$	9,269	$	(24,958)

Cash flows from investing activities:
Payments for capital expenditures		-		-		(63,489)		(2,245)		-		(65,734)
Other		-		-		2,003		10,132		-		12,135
Net cash used in investing activities		-		-		(61,486)		7,887		-		(53,599)

Cash flows from financing activities:
Proceeds from issuance of short-term debt		-		-		-		744		-		744
Intercompany dividends		-		-		-		9,269		(9,269)		-
Changes in notes with affiliated companies, net		(845)		(41,727)		44,181		(1,609)		-		-
Other		(5,384)		(75)		-		-		-		(5,459)
Net cash provided by (used in) financing activities		(6,229)		(41,802)		44,181		8,404		(9,269)		(4,715)
Effect of exchange rate changes on cash		-		-		-		1,812		-		1,812
Net change in cash, cash equivalents, and restricted cash		-		(84,760)		244		3,056		-		(81,460)

Cash, cash equivalents, and restricted cash at beginning of period		-		126,533		20,923		45,027		-		192,483
Cash, cash equivalents, and restricted cash at end of period	$	-	$	41,773	$	21,167	$	48,083	$	-	$	111,023

Revenue (Tables)

3 Months Ended

Mar. 31, 2019

Revenue [Abstract]

Disaggregation Of Revenues



	Three Months Ended March 31,
		2019		2018
U.S. land
Drilling Products and Services	$	48,217	$	40,717
Onshore Completion and Workover Services		205,038		231,489
Production Services		40,666		52,457
Technical Solutions		11,920		6,833
Total U.S. land	$	305,841	$	331,496

U.S. offshore
Drilling Products and Services	$	29,067	$	20,989
Onshore Completion and Workover Services		-		-
Production Services		19,272		17,500
Technical Solutions		20,933		37,562
Total U.S. offshore	$	69,272	$	76,051

International
Drilling Products and Services	$	23,795	$	23,496
Onshore Completion and Workover Services		-		-
Production Services		43,512		30,760
Technical Solutions		24,756		20,515
Total International	$	92,063	$	74,771
Total Revenues	$	467,176	$	482,318

The following table presents the Company’s revenues by segment disaggregated by type (in thousands):



	Three Months Ended March 31,
		2019		2018
Services
Drilling Products and Services	$	31,121	$	24,005
Onshore Completion and Workover Services		194,417		221,347
Production Services		94,848		94,614
Technical Solutions		55,753		59,802
Total services	$	376,139	$	399,768

Rentals
Drilling Products and Services	$	69,958	$	61,197
Onshore Completion and Workover Services		10,621		10,142
Production Services		8,602		6,103
Technical Solutions		1,856		5,108
Total rentals	$	91,037	$	82,550
Total Revenues	$	467,176	$	482,318

Inventory (Tables)

3 Months Ended

Mar. 31, 2019

Inventory [Abstract]

Components Of Inventory



	March 31, 2019		December 31, 2018
Finished goods	$	54,931	$	54,144
Raw materials		17,358		16,795
Work-in-process		7,992		5,544
Supplies and consumables		34,064		30,822
Total	$	114,345	$	107,305

Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt [Abstract]

Schedule Of Long-Term Debt



	March 31, 2019		December 31, 2018
	Long-term		Long-term
Senior unsecured notes due September 2024	$	500,000	$	500,000
Senior unsecured notes due December 2021		800,000		800,000
Total debt, gross		1,300,000		1,300,000
Unamortized debt issuance costs		(16,138)		(17,079)
Total debt, net	$	1,283,862	$	1,282,921

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644

+ Details

Leases (Tables)

3 Months Ended

Mar. 31, 2019

Leases [Abstract]

Supplemental Balance Sheet Information



	March 31, 2019
Operating lease ROU assets	$	103,082

Accrued expenses	$	27,589
Operating lease liabilities		78,384
Total operating lease liabilities	$	105,973

Cash paid for operating leases	$	8,742
ROU assets obtained in exchange for lease obligations	$	6,877

Weighted average remaining lease term		8 years
Weighted average discount rate		6.75%

Maturities Of Operating Lease Liabilities



Remainder of 2019	$ 24,890
2020	27,169
2021	20,317
2022	11,847
2023	7,341
Thereafter	48,535
Total lease payments	140,099
Less imputed interest	(34,126)
Total	$ 105,973

Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2019

Fair Value Measurements [Abstract]

Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis




	Fair Value at March 31, 2019
	Level 1		Level 2		Level 3		Total
Intangible and other long-term assets, net:
Non-qualified deferred compensation assets	$	-	$	14,183	$	-	$	14,183
Accounts payable:
Non-qualified deferred compensation liabilities	$	-	$	1,329	$	-	$	1,329
Other long-term liabilities:
Non-qualified deferred compensation liabilities	$	-	$	20,961	$	-	$	20,961
Total debt	$	1,141,127	$	-	$	-	$	1,141,127

	Fair Value at December 31, 2018
	Level 1		Level 2		Level 3		Total
Intangible and other long-term assets, net:
Non-qualified deferred compensation assets	$	376	$	12,930	$	-	$	13,306
Accounts payable:
Non-qualified deferred compensation liabilities	$	-	$	1,138	$	-	$	1,138
Other long-term liabilities:
Non-qualified deferred compensation liabilities	$	-	$	19,766	$	-	$	19,766
Total debt	$	1,084,711	$	-	$	-	$	1,084,711

Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Information [Abstract]

Schedule Of Segment Reporting Information By Segment



Three Months Ended March 31, 2019

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	101,079	$	205,038	$	103,450	$	57,609	$	-	$	467,176
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		42,205		171,799		79,881		36,278		-		330,163
Depreciation, depletion, amortization
and accretion		23,026		37,743		14,140		6,310		1,220		82,439
General and administrative expenses		14,569		10,575		7,812		15,937		24,952		73,845
Income (loss) from operations		21,279		(15,079)		1,617		(916)		(26,172)		(19,271)
Interest income (expense), net		-		-		-		1,018		(26,139)		(25,121)
Other expense		-		-		-		-		(1,612)		(1,612)
Income (loss) from continuing operations
before income taxes	$	21,279	$	(15,079)	$	1,617	$	102	$	(53,923)	$	(46,004)



Three Months Ended March 31, 2018

			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
Revenues	$	85,202	$	231,489	$	100,717	$	64,910	$	-	$	482,318
Cost of services and rentals (exclusive of
depreciation, depletion, amortization and accretion)		35,070		180,651		85,936		41,803		-		343,460
Depreciation, depletion, amortization
and accretion		29,641		47,655		19,280		7,730		1,413		105,719
General and administrative expenses		12,524		13,226		9,593		14,060		26,417		75,820
Income (loss) from operations		7,967		(10,043)		(14,092)		1,317		(27,830)		(42,681)
Interest income (expense), net		-		-		-		956		(25,843)		(24,887)
Other expense		-		-		-		-		(1,735)		(1,735)
Income (loss) from continuing operations
before income taxes	$	7,967	$	(10,043)	$	(14,092)	$	2,273	$	(55,408)	$	(69,303)

Identifiable Assets



Identifiable Assets
			Onshore
	Drilling		Completion
	Products and		and Workover		Production		Technical		Corporate and		Consolidated
	Services		Services		Services		Solutions		Other		Total
March 31, 2019	$	607,991	$	743,319	$	497,110	$	331,877	$	67,038	$	2,247,335
December 31, 2018	$	587,264	$	808,037	$	434,430	$	340,161	$	46,070	$	2,215,962

Revenue By Geographic Area



Revenues
	Three Months Ended March 31,
	2019		2018
United States	$	375,113	$	407,547
Other countries		92,063		74,771
Total	$	467,176	$	482,318

Long-Lived Assets

	March 31, 2019		December 31, 2018
United States	$	867,831	$	903,520
Other countries		193,526		205,606
Total	$	1,061,357	$	1,109,126

Supplemental Guarantor Information (Tables)

3 Months Ended

Mar. 31, 2019

Supplemental Guarantor Information [Abstract]

Condensed Consolidating Balance Sheets



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Balance Sheets
March 31, 2019
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	-	$	93,466	$	1,054	$	57,048	$	-	$	151,568
Accounts receivable, net		-		33		333,795		86,983		-		420,811
Intercompany accounts receivable		-		15,096		71,698		3,752		(90,546)		-
Other current assets		-		11,087		118,721		50,079		-		179,887
Total current assets		-		119,682		525,268		197,862		(90,546)		752,266

Property, plant and equipment, net		-		9,981		881,610		169,766		-		1,061,357
Operating lease right-of-use assets		-		20,785		68,086		14,211		-		103,082
Goodwill		-		-		80,544		56,951		-		137,495
Notes receivable		-		-		64,993		-		-		64,993
Long-term intercompany accounts receivable		2,247,345		-		2,032,421		182,186		(4,461,952)		-
Equity investments of consolidated subsidiaries		(1,999,279)		3,748,111		6,721		-		(1,755,553)		-
Restricted cash		-		-		2,677		45		-		2,722
Intangible and other long-term assets, net		-		19,636		98,608		7,176		-		125,420
Total assets	$	248,066	$	3,918,195	$	3,760,928	$	628,197	$	(6,308,051)	$	2,247,335

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	-	$	13,988	$	83,417	$	23,144	$	-	$	120,549
Accrued expenses		-		86,259		108,566		34,400		-		229,225
Income taxes payable		-		(1,881)		-		2,924		-		1,043
Intercompany accounts payable		-		724		7,501		82,321		(90,546)		-
Current portion of decommissioning liabilities		-		-		-		3,565		-		3,565
Total current liabilities		-		99,090		199,484		146,354		(90,546)		354,382

Long-term debt, net		-		1,283,862		-		-		-		1,283,862
Decommissioning liabilities		-		-		128,062		-		-		128,062
Operating lease liabilities		-		21,252		47,502		9,630		-		78,384
Long-term intercompany accounts payable		-		4,461,952		-		-		(4,461,952)		-
Other long-term liabilities		-		51,318		77,062		26,199		-		154,579
Total stockholders' equity (deficit)		248,066		(1,999,279)		3,308,818		446,014		(1,755,553)		248,066
Total liabilities and stockholders' equity	$	248,066	$	3,918,195	$	3,760,928	$	628,197	$	(6,308,051)	$	2,247,335



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Balance Sheets
December 31, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Assets
Current assets:
Cash and cash equivalents	$	-	$	102,224	$	707	$	55,119	$	-	$	158,050
Accounts receivable, net		-		160		367,497		79,696		-		447,353
Intercompany accounts receivable		-		12,279		74,906		3,489		(90,674)		-
Other current assets		-		12,805		111,560		43,137		-		167,502
Total current assets		-		127,468		554,670		181,441		(90,674)		772,905

Property, plant and equipment, net		-		10,129		920,978		178,019		-		1,109,126
Goodwill		-		-		80,544		56,244		-		136,788
Notes receivable		-		-		63,993		-		-		63,993
Long-term intercompany accounts receivable		2,243,431		-		1,991,912		182,284		(4,417,627)		-
Equity investments of consolidated subsidiaries		(1,952,647)		3,754,887		5,992		-		(1,808,232)		-
Restricted cash		-		-		5,653		45		-		5,698
Intangible and other long-term assets, net		-		19,255		100,847		7,350		-		127,452
Total assets	$	290,784	$	3,911,739	$	3,724,589	$	605,383	$	(6,316,533)	$	2,215,962

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	-	$	8,807	$	109,903	$	20,615	$	-	$	139,325
Accrued expenses		45		102,845		86,926		29,364		-		219,180
Income taxes payable		-		1,237		-		(503)		-		734
Intercompany accounts payable		-		724		6,869		83,081		(90,674)		-
Current portion of decommissioning liabilities		-		-		-		3,538		-		3,538
Total current liabilities		45		113,613		203,698		136,095		(90,674)		362,777

Long-term debt, net		-		1,282,921		-		-		-		1,282,921
Decommissioning liabilities		-		-		126,558		-		-		126,558
Long-term intercompany accounts payable		-		4,417,627		-		-		(4,417,627)		-
Other long-term liabilities		-		50,225		76,543		26,199		-		152,967
Total stockholders' equity (deficit)		290,739		(1,952,647)		3,317,790		443,089		(1,808,232)		290,739
Total liabilities and stockholders' equity	$	290,784	$	3,911,739	$	3,724,589	$	605,383	$	(6,316,533)	$	2,215,962

Condensed Consolidating Statements of Operations And Comprehensive Income



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Three Months Ended March 31, 2019
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	391,392		81,899		(6,115)	$	467,176
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		(819)		280,978		56,119		(6,115)		330,163
Depreciation, depletion, amortization and
accretion		-		950		71,563		9,926		-		82,439
General and administrative expenses		-		24,322		39,416		10,107		-		73,845
Income (loss) from operations		-		(24,453)		(565)		5,747		-		(19,271)

Other income (expense):
Interest expense, net		-		(26,382)		1,227		34		-		(25,121)
Other income (expense)		-		(791)		98		(919)		-		(1,612)
Equity in earnings (losses) of consolidated subsidiaries		(47,705)		(7,848)		729		-		54,824		-
Income (loss) from operations before income taxes		(47,705)		(59,474)		1,489		4,862		54,824		(46,004)
Income taxes		-		(11,769)		10,459		3,011		-		1,701
Net income (loss)		(47,705)		(47,705)		(8,970)		1,851		54,824		(47,705)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Three Months Ended March 31, 2019
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net income (loss)	$	(47,705)	$	(47,705)	$	(8,970)	$	1,851	$	54,824	$	(47,705)
Change in cumulative translation adjustment, net of tax		1,073		1,073		-		1,073		(2,146)		1,073
Comprehensive income (loss)	$	(46,632)	$	(46,632)	$	(8,970)	$	2,924	$	52,678	$	(46,632)



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Operations
Three Months Ended March 31, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Revenues	$	-	$	-	$	435,134	$	53,259	$	(6,075)	$	482,318
Cost of services and rentals (exclusive of depreciation,
depletion, amortization and accretion)		-		(2,626)		311,064		41,097		(6,075)		343,460
Depreciation, depletion, amortization and
accretion		-		1,019		92,714		11,986		-		105,719
General and administrative expenses		-		25,664		38,689		11,467		-		75,820
Loss from operations		-		(24,057)		(7,333)		(11,291)		-		(42,681)

Other income (expense):
Interest expense, net		-		(25,870)		967		16		-		(24,887)
Other income (expense)		-		(66)		274		(1,943)		-		(1,735)
Equity in losses of consolidated subsidiaries		(59,724)		(17,470)		(168)		-		77,362		-
Loss from continuing operations before income taxes		(59,724)		(67,463)		(6,260)		(13,218)		77,362		(69,303)
Income taxes		-		(7,739)		(1,076)		(540)		-		(9,355)
Net loss from continuing operations		(59,724)		(59,724)		(5,184)		(12,678)		77,362		(59,948)
Loss from discontinued operations, net of income tax		-		-		-		224		-		224
Net loss	$	(59,724)	$	(59,724)	$	(5,184)	$	(12,454)	$	77,362	$	(59,724)




SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Consolidating Statements of Comprehensive Loss
Three Months Ended March 31, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Net loss	$	(59,724)	$	(59,724)	$	(5,184)	$	(12,454)	$	77,362	$	(59,724)
Change in cumulative translation adjustment, net of tax		4,388		4,388		-		4,388		(8,776)		4,388
Comprehensive loss	$	(55,336)	$	(55,336)	$	(5,184)	$	(8,066)	$	68,586	$	(55,336)

Condensed Consolidating Statements Of Cash Flows



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Cash Flows
Three Months Ended March 31, 2019
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	5,581	$	(49,421)	$	67,883	$	3,336	$	27,379

Cash flows from investing activities:
Payments for capital expenditures		-		(845)		(38,909)		(1,406)		(41,160)
Proceeds from sales of assets		-		-		5,066		-		5,066
Net cash used in investing activities		-		(845)		(33,843)		(1,406)		(36,094)

Cash flows from financing activities:
Changes in notes with affiliated companies, net		(3,914)		41,508		(36,669)		(925)		-
Other		(1,667)		-		-		-		(1,667)
Net cash provided by (used in) financing activities		(5,581)		41,508		(36,669)		(925)		(1,667)
Effect of exchange rate changes on cash		-		-		-		924		924
Net change in cash, cash equivalents, and restricted cash		-		(8,758)		(2,629)		1,929		(9,458)

Cash, cash equivalents, and restricted cash at beginning of period		-		102,224		6,360		55,164		163,748
Cash, cash equivalents, and restricted cash at end of period	$	-	$	93,466	$	3,731	$	57,093	$	154,290



SUPERIOR ENERGY SERVICES, INC. AND SUBSIDIARIES
Condensed Consolidating Statements of Cash Flows
Three Months Ended March 31, 2018
(in thousands)
(unaudited)
	Parent		Issuer		Guarantor Subsidiaries		Non- Guarantor Subsidiaries		Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	6,229	$	(42,958)	$	17,549	$	(15,047)	$	9,269	$	(24,958)

Cash flows from investing activities:
Payments for capital expenditures		-		-		(63,489)		(2,245)		-		(65,734)
Other		-		-		2,003		10,132		-		12,135
Net cash used in investing activities		-		-		(61,486)		7,887		-		(53,599)

Cash flows from financing activities:
Proceeds from issuance of short-term debt		-		-		-		744		-		744
Intercompany dividends		-		-		-		9,269		(9,269)		-
Changes in notes with affiliated companies, net		(845)		(41,727)		44,181		(1,609)		-		-
Other		(5,384)		(75)		-		-		-		(5,459)
Net cash provided by (used in) financing activities		(6,229)		(41,802)		44,181		8,404		(9,269)		(4,715)
Effect of exchange rate changes on cash		-		-		-		1,812		-		1,812
Net change in cash, cash equivalents, and restricted cash		-		(84,760)		244		3,056		-		(81,460)

Cash, cash equivalents, and restricted cash at beginning of period		-		126,533		20,923		45,027		-		192,483
Cash, cash equivalents, and restricted cash at end of period	$	-	$	41,773	$	21,167	$	48,083	$	-	$	111,023

Revenue (Disaggregation Of Revenues, By Geography) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Total revenues	$ 467,176	$ 482,318
Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	101,079	85,202
Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	205,038	231,489
Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	103,450	100,717
Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	57,609	64,910
U.S. Land [Member]
Disaggregation of Revenue [Line Items]
Total revenues	305,841	331,496
U.S. Land [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	48,217	40,717
U.S. Land [Member] \| Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	205,038	231,489
U.S. Land [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	40,666	52,457
U.S. Land [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	11,920	6,833
U.S. Offshore [Member]
Disaggregation of Revenue [Line Items]
Total revenues	69,272	76,051
U.S. Offshore [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	29,067	20,989
U.S. Offshore [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	19,272	17,500
U.S. Offshore [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	20,933	37,562
International [Member]
Disaggregation of Revenue [Line Items]
Total revenues	92,063	74,771
International [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	23,795	23,496
International [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	43,512	30,760
International [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 24,756	$ 20,515

Revenue (Disaggregation Of Revenues, By Type) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Total revenues	$ 467,176	$ 482,318
Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	101,079	85,202
Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	205,038	231,489
Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	103,450	100,717
Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	57,609	64,910
Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	376,139	399,768
Services [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	31,121	24,005
Services [Member] \| Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	194,417	221,347
Services [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	94,848	94,614
Services [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	55,753	59,802
Rentals [Member]
Disaggregation of Revenue [Line Items]
Total revenues	91,037	82,550
Rentals [Member] \| Drilling Products and Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	69,958	61,197
Rentals [Member] \| Onshore Completion and Workover Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	10,621	10,142
Rentals [Member] \| Production Services [Member]
Disaggregation of Revenue [Line Items]
Total revenues	8,602	6,103
Rentals [Member] \| Technical Solutions [Member]
Disaggregation of Revenue [Line Items]
Total revenues	$ 1,856	$ 5,108

Inventory (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Inventory [Abstract]
Finished goods	$ 54,931	$ 54,144
Raw materials	17,358	16,795
Work-in-process	7,992	5,544
Supplies and consumables	34,064	30,822
Total	$ 114,345	$ 107,305

Notes Receivable (Details) - USD ($) $ in Millions	3 Months Ended
Notes Receivable (Details) - USD ($) $ in Millions	Mar. 31, 2019	Mar. 31, 2018
Notes Receivable [Abstract]
Amount of notes receivable	$ 115.0
Interest rate percentage to record present value of notes receivable	6.58%
Company recorded interest income	$ 1.0	$ 1.0

Debt (Narrative) (Details)	Mar. 31, 2019 USD ($)
Debt Instrument [Line Items]
Current borrowing capacity	$ 240,800,000
Letters of Credit Outstanding, Amount	73,200,000
Senior Unsecured Notes Due 2021 [Member]
Debt Instrument [Line Items]
Debt issuance	$ 800,000,000
Stated interest rate on unsecured senior notes	7.125%
Senior Unsecured Notes Due 2024 [Member]
Debt Instrument [Line Items]
Debt issuance	$ 500,000,000
Stated interest rate on unsecured senior notes	7.75%

Debt (Schedule Of Long Term Debt) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Total debt, gross	$ 1,300,000	$ 1,300,000
Unamortized debt issuance costs	(16,138)	(17,079)
Total debt, net	1,283,862	1,282,921
Senior Unsecured Notes Due 2024 [Member]
Debt Instrument [Line Items]
Total debt, gross	500,000	500,000
Senior Unsecured Notes Due 2021 [Member]
Debt Instrument [Line Items]
Total debt, gross	$ 800,000	$ 800,000

Decommissioning Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Summary of the activity for the Company's decommissioning liabilities
Decommissioning liabilities	$ 131.6	$ 130.1

Leases (Narrative) (Details) - USD ($)	3 Months Ended
Leases (Narrative) (Details) - USD ($)	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Operarting lease expense	$ 15,700,000	$ 13,500,000
Short-term lease expense	5,400,000
2019	30,800,000
2020	24,300,000
2021	16,600,000
2022	9,800,000
2023	6,900,000
Thereafter	37,800,000
Accounting Standards Update 2016-02 [Member]
Effect of change in accounting principle	$ 100,000,000
Equity impact of adoption			$ 0

Leases (Supplemental Balance Sheet Information) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2019 USD ($)
Leases [Abstract]
Operating lease ROU assets	$ 103,082
Accrued expenses	27,589
Operating lease liabilities	78,384
Total operating lease liabilities	105,973
Cash paid for operating leases	8,742
ROU assets obtained in exchange for lease obligations	$ 6,877
Weighted average remaining lease term	8 years
Weighted average discount rate	6.75%

Leases (Maturities Of Operating Lease Liabilities) (Details) $ in Thousands	Mar. 31, 2019 USD ($)
Leases [Abstract]
Remainder of 2019	$ 24,890
2020	27,169
2021	20,317
2022	11,847
2023	7,341
Thereafter	48,535
Total lease payments	140,099
Less imputed interest	(34,126)
Total	$ 105,973

Fair Value Measurements (Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis) (Details) - Fair Value, Measurements, Recurring [Member] - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt	$ 1,141,127	$ 1,084,711
Non-Qualified Deferred Compensation Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible and other long-term assets, net	14,183	13,306
Non Qualified Deferred Compensation Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accounts payable	1,329	1,138
Other long-term liabilities	20,961	19,766
Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt	1,141,127	1,084,711
Level 1 [Member] \| Non-Qualified Deferred Compensation Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible and other long-term assets, net		376
Level 1 [Member] \| Non Qualified Deferred Compensation Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accounts payable
Other long-term liabilities
Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt
Level 2 [Member] \| Non-Qualified Deferred Compensation Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible and other long-term assets, net	14,183	12,930
Level 2 [Member] \| Non Qualified Deferred Compensation Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accounts payable	1,329	1,138
Other long-term liabilities	20,961	19,766
Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt
Level 3 [Member] \| Non-Qualified Deferred Compensation Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible and other long-term assets, net
Level 3 [Member] \| Non Qualified Deferred Compensation Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Accounts payable
Other long-term liabilities

Segment Information (Schedule Of Segment Reporting Information By Segment And Identifiable Assets) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Segment Reporting Information [Line Items]
Total revenues	$ 467,176	$ 482,318
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	330,163	343,460
Depreciation, depletion, amortization and accretion	82,439	105,719
General and administrative expenses	73,845	75,820
Loss from operations	(19,271)	(42,681)
Interest income (expense), net	(25,121)	(24,887)
Other expense	(1,612)	(1,735)
Loss from continuing operations before income taxes	(46,004)	(69,303)
Identifiable Assets	2,247,335		$ 2,215,962
Drilling Products and Services [Member]
Segment Reporting Information [Line Items]
Total revenues	101,079	85,202
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	42,205	35,070
Depreciation, depletion, amortization and accretion	23,026	29,641
General and administrative expenses	14,569	12,524
Loss from operations	21,279	7,967
Loss from continuing operations before income taxes	21,279	7,967
Identifiable Assets	607,991		587,264
Onshore Completion and Workover Services [Member]
Segment Reporting Information [Line Items]
Total revenues	205,038	231,489
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	171,799	180,651
Depreciation, depletion, amortization and accretion	37,743	47,655
General and administrative expenses	10,575	13,226
Loss from operations	(15,079)	(10,043)
Loss from continuing operations before income taxes	(15,079)	(10,043)
Identifiable Assets	743,319		808,037
Production Services [Member]
Segment Reporting Information [Line Items]
Total revenues	103,450	100,717
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	79,881	85,936
Depreciation, depletion, amortization and accretion	14,140	19,280
General and administrative expenses	7,812	9,593
Loss from operations	1,617	(14,092)
Loss from continuing operations before income taxes	1,617	(14,092)
Identifiable Assets	497,110		434,430
Technical Solutions [Member]
Segment Reporting Information [Line Items]
Total revenues	57,609	64,910
Cost of services and rentals (exclusive of depreciation, depletion, amortization, and accretion)	36,278	41,803
Depreciation, depletion, amortization and accretion	6,310	7,730
General and administrative expenses	15,937	14,060
Loss from operations	(916)	1,317
Interest income (expense), net	1,018	956
Loss from continuing operations before income taxes	102	2,273
Identifiable Assets	331,877		340,161
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Depreciation, depletion, amortization and accretion	1,220	1,413
General and administrative expenses	24,952	26,417
Loss from operations	(26,172)	(27,830)
Interest income (expense), net	(26,139)	(25,843)
Other expense	(1,612)	(1,735)
Loss from continuing operations before income taxes	(53,923)	$ (55,408)
Identifiable Assets	$ 67,038		$ 46,070

Segment Information (Revenue By Geographic Area) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018	Dec. 31, 2018
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 467,176	$ 482,318
Long-lived assets	1,061,357		$ 1,109,126
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	375,113	407,547
Long-lived assets	867,831		903,520
International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	92,063	$ 74,771
Long-lived assets	$ 193,526		$ 205,606

Stock-Based Compensation Plans (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Awards, Excluding ESPP [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 8.0	$ 7.9

Income Taxes (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Income Taxes [Abstract]
Unrecorded tax benefits	$ 30.6	$ 30.6

Supplemental Guarantor Information (Narrative) (Details)	3 Months Ended
	Mar. 31, 2019 USD ($)
Condensed Financial Statements, Captions [Line Items]
Subsidiary ownership	100.00%
Unsecured Senior Notes Due 2024 [Member]
Condensed Financial Statements, Captions [Line Items]
Unsecured senior notes	$ 500,000,000
Stated interest rate on unsecured senior notes	7.75%

Supplemental Guarantor Information (Condensed Consolidating Balance Sheets) (Details) - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 151,568	$ 158,050
Accounts receivable, net	420,811	447,353
Other current assets	179,887	167,502
Total current assets	752,266	772,905
Property, plant and equipment, net	1,061,357	1,109,126
Operating lease right-of-use assets	103,082
Goodwill	137,495	136,788
Notes receivable	64,993	63,993
Restricted cash	2,722	5,698
Intangible and other long-term assets, net	125,420	127,452
Total assets	2,247,335	2,215,962
Current liabilities:
Accounts payable	120,549	139,325
Accrued expenses	229,225	219,180
Income taxes payable	1,043	734
Current portion of decommissioning liabilities	3,565	3,538
Total current liabilities	354,382	362,777
Long-term debt, net	1,283,862	1,282,921
Decommissioning liabilities	128,062	126,558
Operating lease liabilities	78,384
Other long-term liabilities	154,579	152,967
Total stockholders' equity	248,066	290,739	$ 1,078,169	$ 1,132,429
Total liabilities and stockholders' equity	2,247,335	2,215,962
Eliminations [Member]
Current assets:
Intercompany accounts receivable	(90,546)	(90,674)
Total current assets	(90,546)	(90,674)
Long-term intercompany accounts receivable	(4,461,952)	(4,417,627)
Equity investments of consolidated subsidiaries	(1,755,553)	(1,808,232)
Total assets	(6,308,051)	(6,316,533)
Current liabilities:
Intercompany accounts payable	(90,546)	(90,674)
Total current liabilities	(90,546)	(90,674)
Long-term intercompany accounts payable	(4,461,952)	(4,417,627)
Total stockholders' equity	(1,755,553)	(1,808,232)
Total liabilities and stockholders' equity	(6,308,051)	(6,316,533)
Parent [Member]
Current assets:
Long-term intercompany accounts receivable	2,247,345	2,243,431
Equity investments of consolidated subsidiaries	(1,999,279)	(1,952,647)
Total assets	248,066	290,784
Current liabilities:
Accrued expenses		45
Total current liabilities		45
Total stockholders' equity	248,066	290,739
Total liabilities and stockholders' equity	248,066	290,784
Issuer [Member]
Current assets:
Cash and cash equivalents	93,466	102,224
Accounts receivable, net	33	160
Intercompany accounts receivable	15,096	12,279
Other current assets	11,087	12,805
Total current assets	119,682	127,468
Property, plant and equipment, net	9,981	10,129
Operating lease right-of-use assets	20,785
Equity investments of consolidated subsidiaries	3,748,111	3,754,887
Intangible and other long-term assets, net	19,636	19,255
Total assets	3,918,195	3,911,739
Current liabilities:
Accounts payable	13,988	8,807
Accrued expenses	86,259	102,845
Income taxes payable	(1,881)	1,237
Intercompany accounts payable	724	724
Total current liabilities	99,090	113,613
Long-term debt, net	1,283,862	1,282,921
Operating lease liabilities	21,252
Long-term intercompany accounts payable	4,461,952	4,417,627
Other long-term liabilities	51,318	50,225
Total stockholders' equity	(1,999,279)	(1,952,647)
Total liabilities and stockholders' equity	3,918,195	3,911,739
Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	1,054	707
Accounts receivable, net	333,795	367,497
Intercompany accounts receivable	71,698	74,906
Other current assets	118,721	111,560
Total current assets	525,268	554,670
Property, plant and equipment, net	881,610	920,978
Operating lease right-of-use assets	68,086
Goodwill	80,544	80,544
Notes receivable	64,993	63,993
Long-term intercompany accounts receivable	2,032,421	1,991,912
Equity investments of consolidated subsidiaries	6,721	5,992
Restricted cash	2,677	5,653
Intangible and other long-term assets, net	98,608	100,847
Total assets	3,760,928	3,724,589
Current liabilities:
Accounts payable	83,417	109,903
Accrued expenses	108,566	86,926
Intercompany accounts payable	7,501	6,869
Total current liabilities	199,484	203,698
Decommissioning liabilities	128,062	126,558
Operating lease liabilities	47,502
Other long-term liabilities	77,062	76,543
Total stockholders' equity	3,308,818	3,317,790
Total liabilities and stockholders' equity	3,760,928	3,724,589
Non-Guarantor Subsidiaries [Member]
Current assets:
Cash and cash equivalents	57,048	55,119
Accounts receivable, net	86,983	79,696
Intercompany accounts receivable	3,752	3,489
Other current assets	50,079	43,137
Total current assets	197,862	181,441
Property, plant and equipment, net	169,766	178,019
Operating lease right-of-use assets	14,211
Goodwill	56,951	56,244
Long-term intercompany accounts receivable	182,186	182,284
Restricted cash	45	45
Intangible and other long-term assets, net	7,176	7,350
Total assets	628,197	605,383
Current liabilities:
Accounts payable	23,144	20,615
Accrued expenses	34,400	29,364
Income taxes payable	2,924	(503)
Intercompany accounts payable	82,321	83,081
Current portion of decommissioning liabilities	3,565	3,538
Total current liabilities	146,354	136,095
Operating lease liabilities	9,630
Other long-term liabilities	26,199	26,199
Total stockholders' equity	446,014	443,089
Total liabilities and stockholders' equity	$ 628,197	$ 605,383

Supplemental Guarantor Information (Condensed Consolidating Statements of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Condensed Financial Statements, Captions [Line Items]
Revenues	$ 467,176	$ 482,318
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	330,163	343,460
Depreciation, depletion, amortization and accretion	82,439	105,719
General and administrative expenses	73,845	75,820
Loss from operations	(19,271)	(42,681)
Other expense:
Interest expense, net	(25,121)	(24,887)
Other income (expense)	(1,612)	(1,735)
Loss from continuing operations before income taxes	(46,004)	(69,303)
Income taxes	1,701	(9,355)
Net loss from continuing operations	(47,705)	(59,948)
Loss from discontinued operations, net of income tax		224
Net loss	(47,705)	(59,724)
Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Revenues	(6,115)	(6,075)
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	(6,115)	(6,075)
Other expense:
Equity in losses of consolidated subsidiaries	54,824	77,362
Loss from continuing operations before income taxes	54,824	77,362
Net loss from continuing operations		77,362
Net loss	54,824	77,362
Parent [Member]
Other expense:
Equity in losses of consolidated subsidiaries	(47,705)	(59,724)
Loss from continuing operations before income taxes	(47,705)	(59,724)
Net loss from continuing operations		(59,724)
Net loss	(47,705)	(59,724)
Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	(819)	(2,626)
Depreciation, depletion, amortization and accretion	950	1,019
General and administrative expenses	24,322	25,664
Loss from operations	(24,453)	(24,057)
Other expense:
Interest expense, net	(26,382)	(25,870)
Other income (expense)	(791)	(66)
Equity in losses of consolidated subsidiaries	(7,848)	(17,470)
Loss from continuing operations before income taxes	(59,474)	(67,463)
Income taxes	(11,769)	(7,739)
Net loss from continuing operations		(59,724)
Net loss	(47,705)	(59,724)
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Revenues	391,392	435,134
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	280,978	311,064
Depreciation, depletion, amortization and accretion	71,563	92,714
General and administrative expenses	39,416	38,689
Loss from operations	(565)	(7,333)
Other expense:
Interest expense, net	1,227	967
Other income (expense)	98	274
Equity in losses of consolidated subsidiaries	729	(168)
Loss from continuing operations before income taxes	1,489	(6,260)
Income taxes	10,459	(1,076)
Net loss from continuing operations		(5,184)
Net loss	(8,970)	(5,184)
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Revenues	81,899	53,259
Cost of services and rentals (exclusive of depreciation, depletion, amortization and accretion)	56,119	41,097
Depreciation, depletion, amortization and accretion	9,926	11,986
General and administrative expenses	10,107	11,467
Loss from operations	5,747	(11,291)
Other expense:
Interest expense, net	34	16
Other income (expense)	(919)	(1,943)
Loss from continuing operations before income taxes	4,862	(13,218)
Income taxes	3,011	(540)
Net loss from continuing operations		(12,678)
Loss from discontinued operations, net of income tax		224
Net loss	$ 1,851	$ (12,454)

Supplemental Guarantor Information (Consolidating Statements of Comprehensive Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	$ (47,705)	$ (59,724)
Change in cumulative translation adjustment, net of tax	1,073	4,388
Comprehensive loss	(46,632)	(55,336)
Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	54,824	77,362
Change in cumulative translation adjustment, net of tax	(2,146)	(8,776)
Comprehensive loss	52,678	68,586
Parent [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(47,705)	(59,724)
Change in cumulative translation adjustment, net of tax	1,073	4,388
Comprehensive loss	(46,632)	(55,336)
Issuer [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(47,705)	(59,724)
Change in cumulative translation adjustment, net of tax	1,073	4,388
Comprehensive loss	(46,632)	(55,336)
Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(8,970)	(5,184)
Comprehensive loss	(8,970)	(5,184)
Non-Guarantor Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	1,851	(12,454)
Change in cumulative translation adjustment, net of tax	1,073	4,388
Comprehensive loss	$ 2,924	$ (8,066)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Supplemental Guarantor Information (Condensed Consolidating Statements of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net cash provided by (used in) operating activities	$ 27,379	$ (24,958)
Cash flows from investing activities:
Payments for capital expenditures	(41,160)	(65,734)
Proceeds from sales of assets	5,066	12,135
Net cash used in investing activities	(36,094)	(53,599)
Cash flows from financing activities:
Proceeds from issuance of short-term debt		744
Other	(1,667)	(5,459)
Net cash provided by (used in) financing activities	(1,667)	(4,715)
Effect of exchange rate changes on cash	924	1,812
Net change in cash, cash equivalents, and restricted cash	(9,458)	(81,460)
Cash, cash equivalents, and restricted cash at beginning of period	163,748	192,483
Cash, cash equivalents, and restricted cash at end of period	154,290	111,023
Eliminations [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities		9,269
Cash flows from financing activities:
Intercompany dividends		(9,269)
Net cash provided by (used in) financing activities		(9,269)
Parent [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	5,581	6,229
Cash flows from financing activities:
Changes in notes with affiliated companies, net	(3,914)	(845)
Other	(1,667)	(5,384)
Net cash provided by (used in) financing activities	(5,581)	(6,229)
Issuer [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	(49,421)	(42,958)
Cash flows from investing activities:
Payments for capital expenditures	(845)
Net cash used in investing activities	(845)
Cash flows from financing activities:
Changes in notes with affiliated companies, net	41,508	(41,727)
Other		(75)
Net cash provided by (used in) financing activities	41,508	(41,802)
Net change in cash, cash equivalents, and restricted cash	(8,758)	(84,760)
Cash, cash equivalents, and restricted cash at beginning of period	102,224	126,533
Cash, cash equivalents, and restricted cash at end of period	93,466	41,773
Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	67,883	17,549
Cash flows from investing activities:
Payments for capital expenditures	(38,909)	(63,489)
Proceeds from sales of assets	5,066	2,003
Net cash used in investing activities	(33,843)	(61,486)
Cash flows from financing activities:
Changes in notes with affiliated companies, net	(36,669)	44,181
Net cash provided by (used in) financing activities	(36,669)	44,181
Net change in cash, cash equivalents, and restricted cash	(2,629)	244
Cash, cash equivalents, and restricted cash at beginning of period	6,360	20,923
Cash, cash equivalents, and restricted cash at end of period	3,731	21,167
Non-Guarantor Subsidiaries [Member]
Cash flows from operating activities:
Net cash provided by (used in) operating activities	3,336	(15,047)
Cash flows from investing activities:
Payments for capital expenditures	(1,406)	(2,245)
Proceeds from sales of assets		10,132
Net cash used in investing activities	(1,406)	7,887
Cash flows from financing activities:
Proceeds from issuance of short-term debt		744
Intercompany dividends		9,269
Changes in notes with affiliated companies, net	(925)	(1,609)
Net cash provided by (used in) financing activities	(925)	8,404
Effect of exchange rate changes on cash	924	1,812
Net change in cash, cash equivalents, and restricted cash	1,929	3,056
Cash, cash equivalents, and restricted cash at beginning of period	55,164	45,027
Cash, cash equivalents, and restricted cash at end of period	$ 57,093	$ 48,083