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RESTRUCTURING (Tables)
6 Months Ended
Jun. 30, 2017
Restructuring And Related Activities [Abstract]  
Restructuring Costs Incurred and Future Cost Expected to be Incurred

 

 

Three months ended

 

 

Six months ended

 

 

From  inception to

 

 

 

June 30, 2016

 

 

June 30, 2017

 

 

(in thousands)

 

Americas Restructuring

 

$

(1,500

)

 

$

(1,500

)

 

$

44,194

 

 

 

 

 

 

 

 

 

 

 

 

 

 

McDermott Profitability Initiative

 

 

 

 

 

 

 

 

 

 

 

 

Severance and other personnel-related costs

 

 

992

 

 

 

1,425

 

 

 

17,807

 

Asset impairment and disposal

 

 

-

 

 

 

-

 

 

 

7,471

 

Legal and other advisor fees

 

 

49

 

 

 

222

 

 

 

11,639

 

Other

 

 

1,541

 

 

 

2,436

 

 

 

10,045

 

 

 

 

2,582

 

 

 

4,083

 

 

 

46,962

 

Additional Overhead Reduction

 

 

 

 

 

 

 

 

 

 

 

 

Severance and other personnel-related costs

 

 

1,073

 

 

 

4,044

 

 

 

5,012

 

Legal and other advisor fees

 

 

240

 

 

 

1,968

 

 

 

2,768

 

Other

 

 

89

 

 

 

256

 

 

 

385

 

 

 

 

1,402

 

 

 

6,268

 

 

 

8,165

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Total

 

$

2,484

 

 

$

8,851

 

 

$

99,321