10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-14-011458 |
| Period End Date | 20140331 |
| Filing Date | 20140618 |
| Fiscal Year | 2014 |
| Fiscal Period | Q1 |
| XBRL Instance | cveo-20140331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$264.75M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$224.13M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$156.16M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$161.40M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$177.84M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$182.21M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$29.82M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$22.74M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$11.98M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$7.96M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$439.74M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$481.69M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.33B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.35B | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$267.46M | USD | Point-in-time |
| Goodwill, net |
Goodwill
|
$261.06M | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$75.67M | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$76.59M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$20.89M | USD | Point-in-time |
| Other noncurrent assets |
OtherAssetsNoncurrent
|
$20.24M | USD | Point-in-time |
| Total assets |
Assets
|
$2.17B | USD | Point-in-time |
| Total assets |
Assets
|
$2.20B | USD | Point-in-time |
| Total assets |
Assets
|
$2.12B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$54.81M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$45.38M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$25.56M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$26.87M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$1.28M | USD | Point-in-time |
| Income taxes |
AccruedIncomeTaxesCurrent
|
$2.76M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$19.57M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenueCurrent
|
$20.68M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$2.47M | USD | Point-in-time |
| Other current liabilities |
OtherLiabilitiesCurrent
|
$4.93M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$97.05M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$107.27M | USD | Point-in-time |
| Long-term debt to affiliates |
DueToRelatedPartiesNoncurrent
|
$322.51M | USD | Point-in-time |
| Long-term debt to affiliates |
DueToRelatedPartiesNoncurrent
|
$335.17M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$81.32M | USD | Point-in-time |
| Deferred income taxes |
DeferredTaxLiabilitiesNoncurrent
|
$79.74M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$18.53M | USD | Point-in-time |
| Other noncurrent liabilities |
OtherLiabilitiesNoncurrent
|
$20.52M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$531.62M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$530.49M | USD | Point-in-time |
| Oil States International, Inc. net investment |
NetInvestment
|
$1.71B | USD | Point-in-time |
| Oil States International, Inc. net investment |
NetInvestment
|
$1.65B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-59.98M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-46.90M | USD | Point-in-time |
| Total Oil States International, Inc. net investment |
StockholdersEquity
|
$1.59B | USD | Point-in-time |
| Total Oil States International, Inc. net investment |
StockholdersEquity
|
$1.66B | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$1.71M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$2.00M | USD | Point-in-time |
| Total net investment |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.67B | USD | Point-in-time |
| Total net investment |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.59B | USD | Point-in-time |
| Total liabilities and net investment |
LiabilitiesAndStockholdersEquity
|
$2.12B | USD | Point-in-time |
| Total liabilities and net investment |
LiabilitiesAndStockholdersEquity
|
$2.20B | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Service and other |
SalesRevenueServicesNet
|
$289.04M | USD | 1 Quarter |
| Service and other |
SalesRevenueServicesNet
|
$238.86M | USD | 1 Quarter |
| Product |
SalesRevenueGoodsNet
|
$5.50M | USD | 1 Quarter |
| Product |
SalesRevenueGoodsNet
|
$13.94M | USD | 1 Quarter |
| SalesRevenueNet |
SalesRevenueNet
|
$294.54M | USD | 1 Quarter |
| SalesRevenueNet |
SalesRevenueNet
|
$252.80M | USD | 1 Quarter |
| Service and other costs |
CostOfServices
|
$131.38M | USD | 1 Quarter |
| Service and other costs |
CostOfServices
|
$146.96M | USD | 1 Quarter |
| Product costs |
CostOfGoodsSold
|
$12.13M | USD | 1 Quarter |
| Product costs |
CostOfGoodsSold
|
$3.49M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$16.72M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$16.27M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$39.60M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$41.09M | USD | 1 Quarter |
| Other operating expense (income) |
OtherOperatingIncomeExpenseNet
|
$4.03M | USD | 1 Quarter |
| Other operating expense (income) |
OtherOperatingIncomeExpenseNet
|
$-112.00K | USD | 1 Quarter |
| OperatingExpenses |
OperatingExpenses
|
$203.78M | USD | 1 Quarter |
| OperatingExpenses |
OperatingExpenses
|
$199.94M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$90.76M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$52.86M | USD | 1 Quarter |
| Interest expense to affiliates |
InterestExpenseRelatedParty
|
$4.82M | USD | 1 Quarter |
| Interest expense to affiliates |
InterestExpenseRelatedParty
|
$4.29M | USD | 1 Quarter |
| Interest expense to third-parties, net of capitalized interest |
InterestExpense
|
$841.00K | USD | 1 Quarter |
| Interest expense to third-parties, net of capitalized interest |
InterestExpense
|
$2.17M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$572.00K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$939.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$410.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$238.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$48.91M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$84.76M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$20.57M | USD | 1 Quarter |
| Income tax provision |
IncomeTaxExpenseBenefit
|
$12.31M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$64.19M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$36.60M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$357.00K | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$378.00K | USD | 1 Quarter |
| Net income attributable to Civeo Corporation. |
NetIncomeLoss
|
$36.24M | USD | 1 Quarter |
| Net income attributable to Civeo Corporation. |
NetIncomeLoss
|
$63.81M | USD | 1 Quarter |
Cash Flow Statement
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$64.19M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$36.60M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$39.60M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$41.09M | USD | 1 Quarter |
| Deferred income tax provision |
DeferredIncomeTaxExpenseBenefit
|
$3.52M | USD | 1 Quarter |
| Deferred income tax provision |
DeferredIncomeTaxExpenseBenefit
|
$5.18M | USD | 1 Quarter |
| Non-cash compensation charge |
EmployeeBenefitsAndShareBasedCompensation
|
$1.62M | USD | 1 Quarter |
| Non-cash compensation charge |
EmployeeBenefitsAndShareBasedCompensation
|
$1.03M | USD | 1 Quarter |
| Losses on disposals of assets |
GainLossOnDispositionOfAssets1
|
$-456.00K | USD | 1 Quarter |
| Losses on disposals of assets |
GainLossOnDispositionOfAssets1
|
$-1.19M | USD | 1 Quarter |
| Provision for loss on receivables |
ProvisionForDoubtfulAccounts
|
$91.00K | USD | 1 Quarter |
| Provision for loss on receivables |
ProvisionForDoubtfulAccounts
|
$154.00K | USD | 1 Quarter |
| Fair value adjustment of contingent consideration |
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
$-3.94M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$267.00K | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-297.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$20.59M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$8.13M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$4.42M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$-6.14M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-21.15M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$9.44M | USD | 1 Quarter |
| Taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-6.40M | USD | 1 Quarter |
| Taxes payable |
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
$-5.79M | USD | 1 Quarter |
| Other current assets and liabilities, net |
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
$-5.09M | USD | 1 Quarter |
| Other current assets and liabilities, net |
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
$-5.14M | USD | 1 Quarter |
| Net cash flows provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$59.43M | USD | 1 Quarter |
| Net cash flows provided by operating activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$90.71M | USD | 1 Quarter |
| Capital expenditures, including capitalized interest |
PaymentsToAcquirePropertyPlantAndEquipment
|
$69.92M | USD | 1 Quarter |
| Capital expenditures, including capitalized interest |
PaymentsToAcquirePropertyPlantAndEquipment
|
$63.52M | USD | 1 Quarter |
| Proceeds from disposition of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.24M | USD | 1 Quarter |
| Proceeds from disposition of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$230.00K | USD | 1 Quarter |
| Other, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-2.00K | USD | 1 Quarter |
| Net cash flows used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-68.67M | USD | 1 Quarter |
| Net cash flows used in investing activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-63.30M | USD | 1 Quarter |
| Revolving credit borrowings and (repayments), net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$-29.22M | USD | 1 Quarter |
| Term loan repayments |
RepaymentsOfLongTermDebt
|
$2.53M | USD | 1 Quarter |
| Contributions from Oil States |
ProceedsFromContributionsFromAffiliates
|
$41.19M | USD | 1 Quarter |
| Contributions from Oil States |
ProceedsFromContributionsFromAffiliates
|
$20.19M | USD | 1 Quarter |
| Net cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$20.19M | USD | 1 Quarter |
| Net cash flows provided by financing activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$9.44M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-6.99M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-5.43M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$40.62M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-5.23M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$264.75M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$224.13M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$156.16M | USD | Point-in-time |
| Cash and cash equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$161.40M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$264.75M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$224.13M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$156.16M | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$161.40M | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$64.19M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$36.60M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-5.78M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$13.08M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$13.08M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-5.78M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$58.41M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$49.67M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-292.00K | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-349.00K | USD | 1 Quarter |
| Comprehensive income attributable to Civeo Corporation. |
ComprehensiveIncomeNetOfTax
|
$49.38M | USD | 1 Quarter |
| Comprehensive income attributable to Civeo Corporation. |
ComprehensiveIncomeNetOfTax
|
$58.06M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.