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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues $ 3,641,624 [1] $ 3,445,110 [1] $ 2,403,743 [1]
Costs and Expenses:      
Cost of operations 3,100,009 2,980,390 1,842,261
Selling, general and administrative expenses 205,974 212,002 216,763
Loss on asset impairments   5,488 24,660
Gain on asset disposals (405) (8,478) (2,440)
Total Costs and Expenses 3,305,578 3,189,402 2,081,244
Equity in Loss of Unconsolidated Affiliates (16,719) (4,985) (7,594)
Operating Income 319,327 250,723 314,905
Other Income (Expense):      
Interest income 4,656 1,848 1,495
Interest expense   (529) (2,584)
Gain (loss) on foreign currency-net 20,142 1,234 (6,901)
Other income (expense)-net (995) (1,985) (3,121)
Total Other Income (Expense) 23,803 568 (11,111)
Income from continuing operations before provision for income taxes, discontinued operations and noncontrolling interest 343,130 251,291 303,794
Provision for Income Taxes 129,204 87,124 41,182
Income from continuing operations before discontinued operations and noncontrolling interest 213,926 164,167 262,612
Gain (loss) on disposal of discontinued operations 257 (21,934) (123,311)
Income from discontinued operations, net of tax 3,240 9,122 88,411
Income (loss) from discontinued operations, net of tax 3,497 (12,812) (34,900)
Net Income 217,423 151,355 227,712
Less: net income attributable to noncontrolling interests 10,770 12,625 26,046
Net income attributable to McDermott International, Inc. $ 206,653 $ 138,730 $ 201,666
Basic:      
Income from continuing operations, less noncontrolling interest $ 0.86 $ 0.65 $ 1.02
Income (loss) from discontinued operations, net of tax $ 0.01 $ (0.05) $ (0.15)
Net Income $ 0.88 $ 0.59 $ 0.87
Diluted:      
Income from continuing operations, less noncontrolling interest $ 0.86 $ 0.64 $ 1.00
Income (loss) from discontinued operations, net of tax $ 0.01 $ (0.05) $ (0.15)
Net Income $ 0.87 $ 0.59 $ 0.85
Shares Used in the Computation of Earnings per Share:      
Basic 235,638,422 234,598,901 232,173,362
Diluted 237,619,688 237,040,507 235,622,029
[1] Intercompany transactions were not significant for the years ended December 31, 2012 and 2011. For the year ended December 31, 2010, intercompany transactions of $20,129 in our Atlantic segment were eliminated at the consolidated level.