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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Revenues [1] $ 2,635,983 $ 3,070,275 $ 2,300,889
Costs and Expenses:      
Cost of operations 2,249,616 2,691,284 2,113,013
Selling, general and administrative expenses 178,752 217,239 208,564
Impairment loss (recovery) 54,958 6,808 (9,002)
Loss (gain) on asset disposals (859) 1,443 (46,201)
Restructuring expenses 11,263 40,819 18,113
Total costs and expenses 2,493,730 2,957,593 2,284,487
Operating income [2] 142,253 112,682 16,402
Other income (expense):      
Interest expense, net (58,871) (50,058) (60,877)
Gain (loss) on foreign currency, net (5,556) (464) 7,234
Other income (expense), net 4,489 2,450 (232)
Total other expense (59,938) (48,072) (53,875)
Income (loss) before provision for income taxes 82,315 64,610 (37,473)
Provision for income taxes 41,926 51,963 20,073
Income (loss) before loss from Investments in Unconsolidated Affiliates 40,389 12,647 (57,546)
Loss from Investments in Unconsolidated Affiliates (4,090) (21,486) (7,848)
Net income (loss) 36,299 (8,839) (65,394)
Less: Net income attributable to noncontrolling interest 2,182 9,144 10,600
Net income (loss) attributable to McDermott International, Inc. $ 34,117 $ (17,983) $ (75,994)
Net income (loss) attributable to McDermott International, Inc.:      
Basic $ 0.14 $ (0.08) $ (0.32)
Diluted $ 0.12 $ (0.08) $ (0.32)
Shares used in the computation of net income (loss) per share:      
Basic 240,359,363 238,240,763 237,229,086
Diluted 284,184,239 238,240,763 237,229,086
[1] Intercompany transactions were not significant during 2016, 2015 and 2014.
[2] The 2016 operating results include $43 million and $12 million of impairment charges in our AEA and ASA segments, respectively. The 2015 ASA segment’s operating results included a $4 million impairment charge for the DB 101 and $3 million of loss on disposal of that vessel. The 2014 operating results include $11 million of improvements to the cancellation cost estimate included in the $38 million vessel impairment charge recognized in 2013. See Note 13, Fair Value Measurements.