McDermott International, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 2,658,932 3,641,624 3,445,110 2,403,743
Cost of Revenue 2,801,426 3,100,009 2,980,390 1,842,261
Gross Profit (142,494) 541,615 464,720 561,482
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 201,171 205,974 212,002 216,763
Non-Recurring Items 120,209 - 5,488 24,660
Other - - - -
Operating Income (464,790) 319,327 250,723 314,905
Income From Continuing Operations
Add'l Income/Expense Items 31,086 24,208 9,046 (6,087)
Earnings Before Interest and Tax (448,904) 343,130 251,291 306,378
Interest Expense - - - 2,584
Earnings Before Tax (448,904) 343,130 251,291 303,794
Income Tax 49,051 129,204 87,124 41,182
Minority Interest 18,958 10,770 12,625 26,046
Equity Earnings Unconsolidated Subsidiary (16,116) (16,719) (4,985) (7,594)
Net Income Cont. Operations (533,029) 186,437 146,557 262,612
Non Recurring Events
Discontinued Operations - 3,497 (12,812) (34,900)
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (516,913) 206,653 138,730 201,666
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (516,913) 206,653 138,730 201,666