EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 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 September 30,					Nine Months Ended September 30,
	2015		2014			2015		2014
	(In thousands, except share and per share amounts)
Net income (loss) attributable to McDermott International, Inc.	$	3,666	$	(30,252	)	$	685	$	(84,169	)
Weighted average common shares (basic)		238,594,178		237,429,394			238,128,962		237,262,044
Effect of dilutive securities:
Tangible equity units		40,896,300		-			40,896,300		-
Stock options, restricted stock and restricted stock units		1,306,677		-			-		-
Adjusted weighted average common shares and assumed exercises of stock options and vesting of stock awards (diluted)		280,797,155		237,429,394			279,025,262		237,262,044
Basic loss per share
Net income (loss) attributable to McDermott International, Inc.	$	0.02	$	(0.13	)	$	-	$	(0.35	)
Diluted loss per share:
Adjusted net income (loss) attributable to McDermott International, Inc.	$	0.01	$	(0.13	)	$	-	$	(0.35	)