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RESTRUCTURING (Tables)
12 Months Ended
Dec. 31, 2017
Restructuring And Related Activities [Abstract]  
Restructuring Costs Incurred and Future Cost Expected to be Incurred

 

 

Year ended December 31,

 

 

 

 

Incurred from  inception to

 

 

 

2016

 

 

 

 

2015

 

 

 

 

December 31, 2017

 

 

 

(In thousands)

 

Americas Restructuring

 

$

(1,350

)

 

 

 

$

2,308

 

 

 

 

$

6,883

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

McDermott Profitability Initiative

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and other personnel-related costs

 

 

2,590

 

 

 

 

 

15,217

 

 

 

 

 

17,807

 

Asset impairment and disposal

 

 

-

 

 

 

 

 

7,471

 

 

 

 

 

7,471

 

Legal and other advisor fees

 

 

222

 

 

 

 

 

7,414

 

 

 

 

 

11,639

 

Other

 

 

2,436

 

 

 

 

 

7,609

 

 

 

 

 

10,045

 

 

 

 

5,248

 

 

 

 

 

37,711

 

 

 

 

 

46,962

 

Additional Overhead Reduction

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Severance and other personnel-related costs

 

 

5,012

 

 

 

 

 

-

 

 

 

 

 

5,012

 

Legal and other advisor fees

 

 

1,968

 

 

 

 

 

800

 

 

 

 

 

2,768

 

Other

 

 

385

 

 

 

 

 

-

 

 

 

 

 

385

 

 

 

 

7,365

 

 

 

 

 

800

 

 

 

 

 

8,165

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Total

 

$

11,263

 

 

 

 

$

40,819

 

 

 

 

$

62,010