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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Revenues [1] $ 788,673 $ 706,627 $ 1,308,104 $ 1,435,659
Costs and Expenses:        
Cost of operations 650,449 595,343 1,079,039 1,211,345
Research and development expenses 821 99 1,301 130
Selling, general and administrative expenses 50,022 52,075 86,609 90,403
Other operating (income) expenses, net 182 2,122 (2,029) 40,800
Total costs and expenses 701,474 649,639 1,164,920 1,342,678
Operating income 87,199 56,988 143,184 92,981
Other expense:        
Interest expense, net (21,204) (12,655) (38,910) (23,893)
Other non-operating expense, net (2,491) (2,851) (1,877) (6,242)
Total other expense, net (23,695) (15,506) (40,787) (30,135)
Income before provision for income taxes 63,504 41,482 102,397 62,846
Provision for income taxes 22,918 19,804 33,689 39,134
Income before income (loss) from Investments in Unconsolidated Affiliates 40,586 21,678 68,708 23,712
Income (loss) from Investments in Unconsolidated Affiliates (4,127) 127 (8,054) (4,351)
Net income 36,459 21,805 60,654 19,361
Less: Net income attributable to noncontrolling interest 46 1,148 2,325 876
Net income attributable to McDermott International, Inc. $ 36,413 $ 20,657 $ 58,329 $ 18,485
Net income per share attributable to McDermott International, Inc.:        
Basic $ 0.13 $ 0.09 $ 0.22 $ 0.08
Diluted $ 0.13 $ 0.07 $ 0.21 $ 0.07
Shares used in the computation of net income per share:        
Basic 282,660,314 240,338,540 262,438,822 239,739,204
Diluted 284,982,270 284,909,414 284,122,560 283,132,238
[1] Intersegment transactions included in revenues were not significant for either of the periods presented.