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

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

From  Inception to

 

 

 

September 30, 2016

 

 

September 30, 2017

 

 

(in thousands)

 

Americas Restructuring

 

$

-

 

 

$

(1,500

)

 

$

44,194

 

 

 

 

 

 

 

 

 

 

 

 

 

 

McDermott Profitability Initiative

 

 

 

 

 

 

 

 

 

 

 

 

Severance and other personnel-related costs

 

 

1,165

 

 

 

2,590

 

 

 

17,807

 

Asset impairment and disposal

 

 

-

 

 

 

-

 

 

 

7,471

 

Legal and other advisor fees

 

 

-

 

 

 

222

 

 

 

11,639

 

Other

 

 

-

 

 

 

2,436

 

 

 

10,045

 

 

 

 

1,165

 

 

 

5,248

 

 

 

46,962

 

Additional Overhead Reduction

 

 

 

 

 

 

 

 

 

 

 

 

Severance and other personnel-related costs

 

 

556

 

 

 

4,600

 

 

 

5,012

 

Legal and other advisor fees

 

 

-

 

 

 

1,968

 

 

 

2,768

 

Other

 

 

115

 

 

 

371

 

 

 

385

 

 

 

 

671

 

 

 

6,939

 

 

 

8,165

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Total

 

$

1,836

 

 

$

10,687

 

 

$

99,321