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McDermott International Inc.$0.76($.04)(5.00%)

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Income Statement for McDermott International Inc.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $6,705.00 $2,984.77 $2,635.98
Cost of Goods Sold $6,104.00 $2,449.44 $2,249.62
Gross Profit $601.00 $535.33 $386.37
       
Research & Development Expense $20.00 $4.95 $0.00
Selling, General, & Admin. Expense $524.00 $206.18 $244.11
Income Before Depreciation $57.00 $324.20 $142.25
       
Depreciation, Depletion, Amortization $2,313.00 $0.00 $0.00
Non-Operating Income ($56.00) ($1.07) ($1.07)
Interest Expense $259.00 $62.97 $58.87
Pretax Income ($2,571.00) $260.16 $82.32
       
Provision for Income Taxes $104.00 $68.72 $41.93
Minority Interest $9.00 ($1.33) $2.18
Investment Gains (Losses) ($3.00) $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($2,678.00) $191.44 $40.39
       
Extraordinary Items & Disc. Operations $0.00 ($14.23) ($4.09)
Net Income ($2,687.00) $178.55 $34.12
       
Basic Earnings Per Share ($17.94) $1.95 $0.42
Diluted Earnings Per Share ($17.94) $1.89 $0.36
       
Weighted Average Basic Shares Outstanding 150.00 91.10 80.11
Weighted Average Diluted Shares Outstanding 150.00 95.20 94.72
       
Income Before Non-Recurring Items ($144.00) $182.27 $89.41
Income From Non-Recurring Items ($2,543.00) ($3.73) ($55.29)
Diluted Earnings Per Share before extras ($0.99) $1.92 $0.93
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $0.00 $0.00 $0.00
Dividend Per Share (common) $0.00 $0.00 $0.00




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