EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2016

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,
	2016		2015		2016		2015
	(In thousands, except share and per share amounts)
Net income (loss) attributable to McDermott International, Inc.	$	20,657	$	11,526	$	18,485	$	(2,981	)
Weighted average common shares (basic)		240,338,540		238,332,012		239,739,204		237,918,366
Effect of dilutive securities:
Tangible equity units		40,896,300		40,896,300		40,896,300		-
Stock options, restricted stock and restricted stock units		3,674,574		10,461,669		2,496,734		-
Adjusted weighted average common shares and assumed exercises of stock options and vesting of stock awards (diluted)		284,909,414		289,689,981		283,132,238		237,918,366
Income (loss) per share
Net income (loss) attributable to McDermott International, Inc.
Basic:		0.09		0.05		0.08		(0.01	)
Diluted:		0.07		0.04		0.07		(0.01	)