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EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2015
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 March 31,

 

 

 

2015

 

 

2014

 

 

 

(In thousands, except share
and per share amounts)

 

Net loss attributable to McDermott International, Inc.

 

$

(14,507

)

 

$

(46,520

)

Weighted average common shares (basic)

 

 

237,504,719

 

 

 

236,961,158

 

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)

 

 

237,504,719

 

 

 

236,961,158

 

Basic loss per share

 

 

 

 

 

 

 

 

Net loss attributable to McDermott International, Inc.

 

$

(0.06

)

 

$

(0.20

)

Diluted loss per share:

 

 

 

 

 

 

 

 

Net loss attributable to McDermott International, Inc.

 

$

(0.06

)

 

$

(0.20

)