EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2017

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,
	2017		2016		2017		2016
	(In thousands, except share and per share amounts)
Net income attributable to McDermott International, Inc.	$	36,413	$	20,657	$	58,329	$	18,485
Weighted average common stock (basic)		282,660,314		240,338,540		262,438,822		239,739,204
Effect of dilutive securities:
Tangible equity units1		898,820		40,896,300		19,347,386		40,896,300
Stock options, restricted stock and restricted stock units		1,423,136		3,674,574		2,336,352		2,496,734
Potential dilutive common stock		284,982,270		284,909,414		284,122,560		283,132,238
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

¹ Represents weighted average TEUs outstanding for the three and six months periods ended June 30, 2017.