EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Year Ended December 31,
	2013			2012		2011
	(In thousands, except shares and per share amounts)
Income from continuing operations less noncontrolling interest	$	(516,913	)	$	203,156	$	151,542
Income (loss) from discontinued operations, net of tax		—			3,497		(12,812	)
Net income attributable to McDermott International, Inc.	$	(516,913	)	$	206,653	$	138,730
Weighted average common shares (basic)		236,514,584			235,638,422		234,598,901
Effect of dilutive securities: Stock options, restricted stock and performance shares		—			1,981,266		2,441,606
Adjusted weighted average common shares (diluted)		236,514,584			237,619,688		237,040,507
Basic earnings per common share:
Income from continuing operations less noncontrolling interest		(2.19	)		0.86		0.65
Income (loss) from discontinued operations, net of tax		—			0.01		(0.05	)
Net income attributable to McDermott International, Inc.		(2.19	)		0.88		0.59
Diluted earnings per common share:
Income from continuing operations less noncontrolling interest		(2.19	)		0.86		0.64
Income (loss) from discontinued operations, net of tax		—			0.01		(0.05	)
Net income attributable to McDermott International, Inc.		(2.19	)		0.87		0.59