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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues $ 727,678 [1] $ 899,240 [1]
Costs and Expenses:    
Cost of operations 597,434 747,225
Selling, general and administrative expenses 46,611 55,369
Gain on asset disposals (226) (225)
Total costs and expenses 643,819 802,369
Equity in Income (Loss) of Unconsolidated Affiliates (3,683) 3,427
Operating Income 80,176 100,298
Other Income (Expense):    
Interest income 1,634 449
Gain (loss) on foreign currency - net 9,441 (4,232)
Other expense - net (581) (1,171)
Total other income (expense) 10,494 (4,954)
Income from continuing operations before provision for income taxes and noncontrolling interests 90,670 95,344
Provision for Income Taxes 28,743 22,579
Income from continuing operations before noncontrolling interests 61,927 72,765
Gain on disposal of discontinued operations 257  
Income from discontinued operations, net of tax 3,240 1,662
Income from discontinued operations, net of tax 3,497 1,662
Net Income 65,424 74,427
Less: Net Income Attributable to Noncontrolling Interests 2,666 4,007
Net Income Attributable to McDermott International, Inc. $ 62,758 $ 70,420
Basic:    
Income from continuing operations, less noncontrolling interests $ 0.25 $ 0.29
Income from discontinued operations, net of tax $ 0.01 $ 0.01
Net income attributable to McDermott International, Inc. $ 0.27 $ 0.30
Diluted:    
Income from continuing operations, less noncontrolling interests $ 0.25 $ 0.29
Income from discontinued operations, net of tax $ 0.01 $ 0.01
Net income attributable to McDermott International, Inc. $ 0.26 $ 0.30
Shares used in the computation of earnings per share:    
Basic 235,208,252 233,841,075
Diluted 237,332,627 236,745,578
[1] Intersegment transactions included in revenues were not significant for either of the periods presented.