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RESTRUCTURING (Tables)
3 Months Ended
Mar. 31, 2017
Restructuring And Related Activities [Abstract]  
Restructuring Costs Incurred and Future Cost Expected to be Incurred

 

 

Three months ended

March 31, 2016

 

 

From  

inception to

March 31, 2017

 

 

(in thousands)

 

Americas Restructuring

 

$

-

 

 

$

44,194

 

 

 

 

 

 

 

 

 

 

McDermott Profitability Initiative

 

 

 

 

 

 

 

 

Severance and other personnel-related costs

 

 

433

 

 

 

17,807

 

Asset impairment and disposal

 

 

-

 

 

 

7,471

 

Legal and other advisor fees

 

 

173

 

 

 

11,639

 

Other

 

 

895

 

 

 

10,045

 

 

 

 

1,501

 

 

 

46,962

 

Additional Overhead Reduction

 

 

 

 

 

 

 

 

Severance and other personnel-related costs

 

 

2,971

 

 

 

5,012

 

Legal and other advisor fees

 

 

1,728

 

 

 

2,768

 

Other

 

 

167

 

 

 

385

 

 

 

 

4,866

 

 

 

8,165

 

 

 

 

 

 

 

 

 

 

     Total

 

$

6,367

 

 

$

99,321