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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Revenues [1] $ 805,857 $ 414,595 $ 2,402,857 $ 1,494,489
Costs and Expenses:        
Cost of operations 720,961 370,271 2,121,942 1,394,062
Selling, general and administrative expenses 44,664 51,681 144,133 157,089
Loss (gain) on disposal of assets (100) (4,818) 1,443 (46,362)
Impairment loss (recovery)     6,808 (10,664)
Restructuring expenses 6,346 4,724 32,126 12,112
Total costs and expenses 771,871 421,858 2,306,452 1,506,237
Loss from Investments in Unconsolidated Affiliates (4,526) (3,448) (18,748) (5,647)
Operating Income (Loss) [2] 29,460 (10,711) 77,657 (17,395)
Other Income (Expense):        
Interest expense, net (13,015) (11,847) (38,179) (50,531)
Gain (loss) on foreign currency, net (1,373) (2,397) (898) 143
Other income (expense), net 1,556 473 1,100 (104)
Total other expense (12,832) (13,771) (37,977) (50,492)
Income (loss) before provision for income taxes and noncontrolling interests 16,628 (24,482) 39,680 (67,887)
Provision for income taxes 9,094 1,464 30,504 9,741
Net income (loss) 7,534 (25,946) 9,176 (77,628)
Less: net income attributable to noncontrolling interest 3,868 4,306 8,491 6,541
Net income (loss) attributable to McDermott International, Inc. $ 3,666 $ (30,252) $ 685 $ (84,169)
Net income (loss) attributable to McDermott International, Inc.:        
Basic $ 0.02 $ (0.13)   $ (0.35)
Diluted $ 0.01 $ (0.13)   $ (0.35)
Shares used in the computation of income (loss) per share:        
Basic: 238,594,178 237,429,394 238,128,962 237,262,044
Diluted: 280,797,155 237,429,394 279,025,262 237,262,044
[1] Intersegment transactions included in revenues were not significant for either of the periods presented.
[2] Operating results for the ASA segment included a $4 million impairment charge for the DB101 and $3 million of loss on disposal of this asset in the first and second quarters of 2015, respectively.