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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues $ 1,028,745 [1] $ 879,894 [1] $ 2,645,671 [1] $ 2,628,935 [1]
Costs and Expenses:        
Cost of operations 889,823 802,951 2,246,961 2,253,981
Selling, general and administrative expenses 51,834 48,046 145,927 163,827
Gain on asset disposals (85) (7,811) (282) (8,107)
Total costs and expenses 941,572 843,186 2,392,606 2,409,701
Equity in Income (Loss) of Unconsolidated Affiliates (4,692) (1,492) (11,026) 59
Operating Income 82,481 35,216 242,039 219,293
Other Income (Expense):        
Interest income 996 319 4,215 1,060
Interest expense   (152)   (415)
Gain (loss) on foreign currency - net 488 504 11,185 (2,356)
Other income (expense) - net 242 (298) (288) (1,586)
Total other income (expense) 1,726 373 15,112 (3,297)
Income from continuing operations before provision for income taxes and noncontrolling interests 84,207 35,589 257,151 215,996
Provision for Income Taxes 29,916 20,535 87,004 60,351
Income from continuing operations before noncontrolling interests 54,291 15,054 170,147 155,645
Gain on disposal of discontinued operations     257  
Income from discontinued operations, net of tax   1,187 3,240 6,459
Total income from discontinued operations, net of tax   1,187 3,497 6,459
Net Income 54,291 16,241 173,644 162,104
Less: Net Income Attributable to Noncontrolling Interests 3,679 5,290 7,535 13,405
Net income attributable to McDermott International, Inc. $ 50,612 $ 10,951 $ 166,109 $ 148,699
Basic:        
Income from continuing operations, less noncontrolling interests $ 0.21 $ 0.04 $ 0.69 $ 0.61
Income from discontinued operations, net of tax   $ 0.01 $ 0.01 $ 0.03
Net income attributable to McDermott International, Inc. $ 0.21 $ 0.05 $ 0.70 $ 0.63
Diluted:        
Income from continuing operations, less noncontrolling interests $ 0.21 $ 0.04 $ 0.68 $ 0.60
Income from discontinued operations, net of tax   $ 0.01 $ 0.01 $ 0.03
Net income attributable to McDermott International, Inc. $ 0.21 $ 0.05 $ 0.69 $ 0.63
Shares used in the computation of earnings per share:        
Basic 235,817,203 234,940,184 235,568,889 234,451,430
Diluted 237,867,000 236,947,663 237,553,463 237,079,305
[1] Intersegment transactions included in revenues were not significant for the periods presented.