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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2014
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 common share:

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2014     2013     2014     2013  
    

(In thousands, except share and per share amounts)

 

Net loss attributable to McDermott International, Inc.

   $ (10,830   $ (149,423   $ (60,783   $ (128,870
  

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average common shares (basic)

     237,395,580        236,199,438        237,178,369        236,070,311   

Effect of dilutive securities:

        

Stock options, restricted stock and restricted stock units

     —          —         —          —    
  

 

 

   

 

 

   

 

 

   

 

 

 

Adjusted weighted average common shares and assumed exercises of stock options and vesting of stock awards (diluted)

     237,395,580        236,199,438        237,178,369        236,070,311   
  

 

 

   

 

 

   

 

 

   

 

 

 

Basic loss per share

        

Net loss attributable to McDermott International, Inc.

     (0.05     (0.63     (0.26     (0.55

Diluted earnings loss per share:

        

Net loss attributable to McDermott International, Inc.

     (0.05     (0.63     (0.26     (0.55