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Segment Reporting - Information about Operations in Different Segments (Detail) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
[1]
Sep. 30, 2017
[2]
Jun. 30, 2017
[3]
Mar. 31, 2017
[4]
Dec. 31, 2016
[5]
Sep. 30, 2016
[6]
Jun. 30, 2016
[7]
Mar. 31, 2016
[8]
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Segment Reporting Information [Line Items]                      
Revenues $ 718,133 $ 958,531 $ 788,673 $ 519,431 $ 641,781 $ 558,543 $ 706,627 $ 729,032 $ 2,984,768 [9] $ 2,635,983 [9] $ 3,070,275 [9]
Operating income (loss)                 324,202 142,253 112,682
Interest expense, net                 (62,974) (58,871) (50,058)
Other non-operating income (expense), net                 (1,069) (1,067) 1,986
Income before provision for income taxes                 260,159 82,315 64,610
Capital expenditures [10]                 118,811 228,079 102,851
Depreciation and amortization [11]                 100,702 102,677 118,281
Operating Segments [Member]                      
Segment Reporting Information [Line Items]                      
Operating income (loss)                 539,107 358,493 323,502
Operating Segments [Member] | AEA [Member]                      
Segment Reporting Information [Line Items]                      
Revenues [9]                 246,317 285,988 478,800
Operating income (loss)                 (16,210) 51,129 52,918
Capital expenditures [10]                 23,014 16,667 13,715
Depreciation and amortization [11]                 26,314 36,829 55,560
Operating Segments [Member] | MEA [Member]                      
Segment Reporting Information [Line Items]                      
Revenues [9]                 2,120,173 1,241,591 1,134,555
Operating income (loss)                 448,222 209,401 146,866
Capital expenditures [10]                 30,470 18,564 28,328
Depreciation and amortization [11]                 31,541 26,243 32,656
Operating Segments [Member] | ASA [Member]                      
Segment Reporting Information [Line Items]                      
Revenues [9]                 618,278 1,108,404 1,456,920
Operating income (loss)                 107,095 97,963 123,718
Capital expenditures [10]                 8,830 190,260 60,220
Depreciation and amortization [11]                 35,556 31,229 20,184
Corporate and Other [Member]                      
Segment Reporting Information [Line Items]                      
Operating income (loss) [12]                 (214,905) (216,240) (210,820)
Capital expenditures [10],[13]                 56,497 2,588 588
Depreciation and amortization [11]                 $ 7,291 $ 8,376 $ 9,881
[1] Operating results for the fourth quarter of 2017 were primarily driven by higher fabrication and marine activity in the MEA segment and installation progress on the Inpex Ichthys project.
[2] Operating results for the third quarter reflect high quality operational performance, while operating with peak levels of utilization in the MEA segment and progressing on the Inpex Ichthys project.
[3] Operating results for the second quarter of 2017 continued to reflect efficient project execution and higher engineering, fabrication and marine activity and improved productivity on multiple projects primarily in our MEA segment.
[4] The first quarter of 2017 operating results improvement was driven by strong cost management, with significantly lower project costs in our MEA and ASA segments, and improvements in our selling, general and administrative expenses.
[5] Net loss for the quarter ended December 31, 2016 was primarily due to increase in our estimated costs at completion on our Ichthys project in Australia and an impairment charge on Intermac 600. Those were partially offset by productivity improvements and associated cost savings, primarily in our MEA segment.
[6] Net income for the quarter ended September 30, 2016 was influenced by productivity improvements and associated cost savings, primarily in the MEA and ASA segments, partially offset by impairment losses on certain marine assets.
[7] Net income for the quarter ended June 30, 2016 was influenced by productivity improvements and associated cost savings in the MEA and ASA segments.
[8] Net loss for the quarter ended March 31, 2016 was influenced by successful execution and close-out improvements in the AEA segment and productivity improvements and associated cost savings, primarily in the ASA segment, partially offset by impairment losses on the Agile vessel.
[9] Intercompany transactions were not significant during 2017, 2016 and 2015.
[10] Liabilities associated with assets acquired during 2017, 2016 and 2015 was approximately $8 million as of both December 31, 2017 and 2016 and approximately $11 million as of December 31, 2015.
[11] Depreciation and amortization expense associated with our marine vessels is included in the respective segments in which the vessels were located as of reporting date.
[12] Corporate and Other operating results: in 2017 include: $4 million gain on sale of assets; and $9 million in transaction costs associated with our combination with CB&I, see Note 2, Business Combination Agreement with Chicago Bridge & Iron Company N.V. (“CB&I”). in 2016 include: $55 million of impairment charges, see Note 15, Fair Value Measurements, for further discussion; and $11 million of restructuring expenses, see Note 5, Restructuring, for further discussion. in 2015 include: $4 million impairment charge for the DB 101 and $3 million of loss on disposal of that vessel; and $41 million of restructuring expenses, see Note 5, Restructuring, for further discussion.
[13] Corporate and Other capital expenditures in 2017 include the purchase of the Amazon, a pipelay and construction vessel. Following the purchase, we sold this vessel to an unrelated third party and simultaneously entered into an 11-year bareboat charter agreement. See Note 10, Sale Leaseback.