Mcdermott international, inc. (MDR)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Revenues

8,274

8,431

8,394

8,562

8,160

6,705

5,349

4,019

3,073

2,985

2,909

2,508

2,426

2,636

2,661

2,908

3,248

3,070

3,209

2,817

2,247

2,300

2,011

2,284

2,455

2,658

3,137

3,479

3,721

3,641

3,461

3,312

3,273

3,445

3,168

3,020

2,798

2,403

1,075

1,355

2,293

3,281

5,735

0

0

0

Costs and Expenses:
Cost of operations

8,135

8,210

8,206

8,019

7,556

6,104

4,722

3,386

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Project intangibles and inventory-related amortization

32

34

52

57

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total cost of operations

8,167

8,244

8,269

8,105

7,644

6,187

4,586

3,344

2,496

2,449

2,434

2,116

2,061

2,249

2,235

2,500

2,831

2,690

2,839

2,489

1,995

2,111

2,073

2,389

2,680

2,801

2,975

3,178

3,215

3,100

2,973

2,886

2,830

2,980

2,675

2,438

2,210

1,842

843

1,133

1,932

2,781

0

0

0

-

Selling, general and administrative expenses

278

284

280

304

302

282

249

240

215

204

187

179

181

183

190

188

184

197

195

202

208

208

198

193

192

193

223

228

223

218

194

190

203

212

220

228

220

216

24

27

127

218

493

0

0

0

Research and development expenses

36

36

27

23

0

-

0

0

-

5

3

1

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transaction costs

88

57

32

23

49

48

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and integration costs

59

114

131

148

191

134

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other intangibles amortization

84

87

79

68

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment impairment

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill impairment

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets impairment

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other asset impairments

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on asset disposals

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-1

3

40

46

46

42

6

15

15

14

14

0

0

8

8

8

8

0

0

-

0

-

-

-

-

0

-

0

Other operating expense, net

-

-

-

-

-

-

-

-

-

-

0

0

-24

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss (recovery)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Loss on asset disposals and impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

-

0

-

Restructuring expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

36

22

18

16

26

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

11,404

10,536

12,679

11,020

10,510

8,962

5,209

3,760

0

-

0

0

-

2,498

2,489

2,745

3,093

2,937

3,084

2,734

2,178

2,284

2,328

2,642

2,992

3,099

3,202

3,408

3,424

3,317

3,172

3,073

3,030

3,189

2,887

2,691

2,455

2,081

889

1,157

2,055

2,998

5,297

0

0

0

Loss from investments in unconsolidated affiliates

0

-

30

26

-

13

-1

-7

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment in unconsolidated affiliates-related amortization

-

11

19

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating (loss) income

-

-

-4,231

-2,418

-

-2,256

283

279

315

307

268

186

158

138

160

151

143

120

130

85

67

16

-324

-366

-547

-456

-84

51

279

307

273

226

230

250

278

327

342

314

158

171

221

279

468

0

0

0

Other expense:
Interest expense, net

-699

-735

-389

-367

-339

-259

-181

-107

-57

-63

-69

-74

-65

-59

-53

-48

-49

-50

-48

-47

-73

-60

-50

0

0

-

0

-

-

-

-

-

-

-

0

0

-

2

0

0

0

-

-

-

0

-

Reorganization items, net

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income (expense)-net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

4

3

2

1

1

1

1

1

-1

-0

3

6

14

0

0

0

Gain (loss) on foreign currency, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

1

7

10

16

24

20

13

20

14

14

14

1

0

0

0

-

-

-

-

-

-

-

-

-

Other non-operating income, net

-7

-9

-44

-43

-57

-56

-6

-6

6

5

2

6

6

3

-19

-23

-21

-17

8

7

7

7

-4

-3

-3

-2

1

0

0

-0

-0

-1

-1

-1

-0

-3

-2

-3

3

4

-5

-15

0

0

0

-

Other income (expense) - net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total other expense, net

-952

-744

-433

-410

-396

-315

-195

-135

0

-

0

0

-

-56

-72

-72

-68

-67

-41

-42

-63

-53

-48

-28

13

15

22

18

11

23

18

17

16

0

-8

-12

-14

-11

-0

2

-1

-9

-6

0

0

0

(Loss) income before provision for income taxes

-4,060

-2,826

-4,702

-2,866

-2,742

-2,571

97

166

265

249

200

118

99

82

87

78

74

52

88

43

4

-37

-373

-395

-534

-440

-61

69

291

330

292

243

246

251

269

315

327

303

157

174

219

270

462

0

0

0

Income tax expense (benefit)

87

58

125

97

62

104

-2

-27

79

69

39

36

33

42

76

69

66

51

40

33

21

20

13

24

25

49

87

105

127

129

113

104

93

87

66

55

51

41

-12

-2

28

60

0

0

0

-

Non-operating loss from investments in unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-2

-3

-4

-3

-4

6

0

-7

-9

-20

-19

-15

-7

-8

-8

-10

-16

-18

-19

-17

-16

-16

-12

-12

-4

-2

-1

-0

-7

-26

-26

-16

-3

30

0

0

0

Income before loss from Investments in Unconsolidated Affiliates

-

-

-

-

-

-

-

-

-

-

-

-

66

-

11

8

7

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net loss from continuing operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

201

54

15

29

164

203

259

275

262

292

0

0

-

0

-

-

0

Gain on disposal of discontinued operation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-123

0

0

0

-

-

-

-

-

Income from discontinued operation, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

9

5

-2

57

88

131

0

0

-

0

-

-

-

Net (loss) income from discontinued operations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-15

-14

-10

-12

5

-35

-41

-34

7

0

0

-

0

-

-

-

Net loss

-4,199

-2,884

-4,792

-2,928

-2,769

-2,678

102

196

187

178

154

76

62

36

17

8

0

-8

21

-12

-31

-65

-386

-419

-560

-489

-149

-35

164

205

162

124

142

151

209

223

233

227

274

363

380

390

0

0

0

-

Less: Net income (loss) attributable to noncontrolling interests

32

25

40

29

9

9

-7

-6

-4

-1

1

3

4

2

1

5

6

9

12

12

12

10

13

14

15

18

15

13

11

10

6

8

11

12

15

20

21

26

19

11

10

3

0

0

0

-

Net loss attributable to McDermott

0

-2,909

-4,832

-2,957

-2,778

-2,687

110

203

192

179

152

73

58

34

15

3

-5

-17

8

-25

-43

-75

-400

-433

-575

-508

-164

-49

152

194

156

116

131

138

193

203

212

201

255

352

369

387

373

0

0

0

Dividends on redeemable preferred stock

37

44

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of redeemable preferred stock

13

16

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss attributable to common stockholders

-4,281

-2,969

-4,878

-2,989

-2,796

-2,691

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (loss) income per share attributable to common stockholders
Continuing operations
Basic earnings (loss) per share
Basic

-7.09

-

-

-

-0.60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.63

0.09

0.13

0.21

0.22

0.25

0.05

0.04

0.27

0.29

0.20

0.26

0.34

0.22

-

0.33

-

-

227,000.00

Basic

-

-

-10.37

-0.80

-

-18.65

0.01

0.33

0.37

0.50

1.00

0.38

0.09

0.28

0.07

0.09

-0.01

-0.24

0.02

0.05

-0.06

0.04

-0.13

-0.03

-0.20

-1.34

-0.27

-0.63

0.09

0.13

0.21

0.22

0.27

-0.05

0.05

0.29

0.30

0.19

0.09

0.33

0.26

0.44

0.51

0.40

0.34

0.38

Diluted earnings (loss) per share:
Diluted

-7.09

-

-

-

-0.60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.27

-0.63

0.09

0.12

0.21

0.22

0.25

0.04

0.04

0.27

0.29

0.18

0.26

0.34

0.22

-

0.32

-

-

-

Discontinued operations
Basic

-0.07

-

-

-

0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.01

-0.09

0.01

0.02

0.01

-0.01

-0.17

-0.01

0.04

-

0.18

-

-

-

Diluted

-0.07

-

-

-

0.21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.01

-0.09

0.01

0.02

0.01

-0.01

-0.17

-0.01

0.04

-

0.18

-

-

-

Diluted

-

-

-10.37

-0.80

-

-18.65

0.01

0.33

0.37

0.42

1.00

0.38

0.08

0.24

0.06

0.07

-0.01

-0.22

0.01

0.04

-0.06

0.04

-0.13

-0.03

-0.20

-

-

-0.63

0.09

0.13

0.21

0.22

0.26

-0.04

0.05

0.28

0.30

0.18

0.09

0.32

0.26

0.43

0.50

0.40

0.33

0.37

Shares used in the computation of net (loss) income per share
Basic

193

183

182

182

181

181

180

144

95

-66

95

94

241

-400

240

240

239

-396

238

238

237

237

237

237

236

237

236

236

235

235

235

235

235

235

234

234

233

233

232

231

230

230

229

229

228

227

Diluted

193

183

182

182

181

180

181

144

95

-91

95

94

282

-427

283

284

239

-490

280

289

237

237

237

237

236

234

236

236

239

237

237

237

237

236

236

237

236

237

236

234

234

234

234

233

232

230