10-Q Filing

CIVEO CORP CIK: 1590584 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001437749-14-015254`
Period End Date	20140630
Filing Date	20140813
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	cveo-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 101 Cash Flow Statement 68 Stockholders Equity 24 Comprehensive Income 24

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	550.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$285.49M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$224.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$161.40M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	106.69M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.21M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	106.69M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$191.90M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$177.84M	USD	Point-in-time
Inventories	`InventoryNet`	$29.82M	USD	Point-in-time
Inventories	`InventoryNet`	$20.61M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.82M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.96M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$527.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$439.74M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.33B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.41B	USD	Point-in-time
Goodwill, net	`Goodwill`	$261.06M	USD	Point-in-time
Goodwill, net	`Goodwill`	$271.88M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$66.16M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$75.67M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$20.89M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$33.21M	USD	Point-in-time
Total assets	`Assets`	$1.98B	USD	Point-in-time
Total assets	`Assets`	$2.31B	USD	Point-in-time
Total assets	`Assets`	$2.12B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$60.55M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$45.38M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$26.87M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.39M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$24.00K	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$2.76M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$24.03M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$19.57M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.47M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$97.05M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$114.40M	USD	Point-in-time
Long-term debt to affiliates	`DueToRelatedPartiesNoncurrent`	$335.17M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$775.00M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$335.17M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$78.02M	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`	$29.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$996.57M	USD	Point-in-time
Total liabilities	`Liabilities`	$530.49M	USD	Point-in-time
Common stock ($0.01 par value, 550,000,000 shares authorized, 106,691,058 shares and zero shares both issued and outstanding, respectively)	`CommonStockValue`	$1.07M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.31B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.51M	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`	$-5.84M	USD	Point-in-time
Total Civeo Corporation stockholders equity / Oil States International, Inc. net investment	`StockholdersEquity`	$1.32B	USD	Point-in-time
Total Civeo Corporation stockholders equity / Oil States International, Inc. net investment	`StockholdersEquity`	$1.59B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.71M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.93M	USD	Point-in-time
Total stockholders equity / net investment	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Total stockholders equity / net investment	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Total stockholders equity / net investment	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time
Total stockholders equity / net investment	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Total liabilities and stockholders equity / net investment	`LiabilitiesAndStockholdersEquity`	$2.12B	USD	Point-in-time
Total liabilities and stockholders equity / net investment	`LiabilitiesAndStockholdersEquity`	$2.31B	USD	Point-in-time

Income Statement 101 line items

Line Item	Tag	Value	Unit	Period
Service and other	`SalesRevenueServicesNet`	$237.24M	USD	1 Quarter
Service and other	`SalesRevenueServicesNet`	$223.93M	USD	1 Quarter
Service and other	`SalesRevenueServicesNet`	$526.28M	USD	2 Qtrs
Service and other	`SalesRevenueServicesNet`	$462.84M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$3.21M	USD	1 Quarter
Product	`SalesRevenueGoodsNet`	$11.25M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$17.09M	USD	2 Qtrs
Product	`SalesRevenueGoodsNet`	$5.75M	USD	1 Quarter
SalesRevenueNet	`SalesRevenueNet`	$537.53M	USD	2 Qtrs
SalesRevenueNet	`SalesRevenueNet`	$227.13M	USD	1 Quarter
SalesRevenueNet	`SalesRevenueNet`	$479.93M	USD	2 Qtrs
SalesRevenueNet	`SalesRevenueNet`	$242.99M	USD	1 Quarter
Service and other costs	`CostOfServices`	$131.11M	USD	1 Quarter
Service and other costs	`CostOfServices`	$262.49M	USD	2 Qtrs
Service and other costs	`CostOfServices`	$274.70M	USD	2 Qtrs
Service and other costs	`CostOfServices`	$127.74M	USD	1 Quarter
Product costs	`CostOfGoodsSold`	$8.35M	USD	2 Qtrs
Product costs	`CostOfGoodsSold`	$2.19M	USD	1 Quarter
Product costs	`CostOfGoodsSold`	$4.86M	USD	1 Quarter
Product costs	`CostOfGoodsSold`	$14.33M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$33.16M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.90M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$37.85M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$21.71M	USD	1 Quarter
Spin-off and formation costs	`CostsIncurredDevelopmentCosts`	$2.47M	USD	2 Qtrs
Spin-off and formation costs	`CostsIncurredDevelopmentCosts`	$1.90M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$41.41M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$42.41M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$82.50M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$82.01M	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	$11.61M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$11.61M	USD	2 Qtrs
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$3.57M	USD	2 Qtrs
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-87.00K	USD	2 Qtrs
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$25.00K	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-455.00K	USD	1 Quarter
OperatingExpenses	`OperatingExpenses`	$210.91M	USD	1 Quarter
OperatingExpenses	`OperatingExpenses`	$410.85M	USD	2 Qtrs
OperatingExpenses	`OperatingExpenses`	$191.36M	USD	1 Quarter
OperatingExpenses	`OperatingExpenses`	$395.13M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$16.23M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$51.63M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$142.39M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$69.09M	USD	2 Qtrs
Interest expense to affiliates	`InterestExpenseRelatedParty`	$6.98M	USD	2 Qtrs
Interest expense to affiliates	`InterestExpenseRelatedParty`	$2.83M	USD	1 Quarter
Interest expense to affiliates	`InterestExpenseRelatedParty`	$9.29M	USD	2 Qtrs
Interest expense to affiliates	`InterestExpenseRelatedParty`	$4.62M	USD	1 Quarter
Interest expense to third-parties, net of capitalized interest	`InterestExpense`	$3.97M	USD	2 Qtrs
Interest expense to third-parties, net of capitalized interest	`InterestExpense`	$2.27M	USD	1 Quarter
Interest expense to third-parties, net of capitalized interest	`InterestExpense`	$1.80M	USD	1 Quarter
Interest expense to third-parties, net of capitalized interest	`InterestExpense`	$3.11M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.21M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.46M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.21M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.46M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$475.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.79M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$901.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$991.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$947.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$602.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$192.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$709.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$58.28M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$129.43M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$44.66M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.37M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$31.90M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$31.93M	USD	2 Qtrs
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$7.40M	USD	2 Qtrs
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$-4.91M	USD	1 Quarter
Income tax benefit (provision)	`IncomeTaxExpenseBenefit`	$11.36M	USD	1 Quarter
Net income	`ProfitLoss`	$50.88M	USD	2 Qtrs
Net income	`ProfitLoss`	$33.30M	USD	1 Quarter
Net income	`ProfitLoss`	$14.29M	USD	1 Quarter
Net income	`ProfitLoss`	$97.49M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$711.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$693.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$333.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$336.00K	USD	1 Quarter
Net income attributable to Civeo Corporation	`NetIncomeLoss`	$13.95M	USD	1 Quarter
Net income attributable to Civeo Corporation	`NetIncomeLoss`	$50.19M	USD	2 Qtrs
Net income attributable to Civeo Corporation	`NetIncomeLoss`	$32.97M	USD	1 Quarter
Net income attributable to Civeo Corporation	`NetIncomeLoss`	$96.78M	USD	2 Qtrs
Basic net income per share attributable to Civeo Corporation common stockholders (in Dollars per share)	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic net income per share attributable to Civeo Corporation common stockholders (in Dollars per share)	`EarningsPerShareBasic`	$0.91	USD	2 Qtrs
Basic net income per share attributable to Civeo Corporation common stockholders (in Dollars per share)	`EarningsPerShareBasic`	$0.47	USD	2 Qtrs
Basic net income per share attributable to Civeo Corporation common stockholders (in Dollars per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Diluted net income per share attributable to Civeo Corporation common stockholders (in Dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	2 Qtrs
Diluted net income per share attributable to Civeo Corporation common stockholders (in Dollars per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted net income per share attributable to Civeo Corporation common stockholders (in Dollars per share)	`EarningsPerShareDiluted`	$0.31	USD	1 Quarter
Diluted net income per share attributable to Civeo Corporation common stockholders (in Dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.29M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.29M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.29M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	106.29M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.47M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.46M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.46M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	106.46M	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$50.88M	USD	2 Qtrs
Net income	`ProfitLoss`	$33.30M	USD	1 Quarter
Net income	`ProfitLoss`	$14.29M	USD	1 Quarter
Net income	`ProfitLoss`	$97.49M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.50M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$82.01M	USD	2 Qtrs
Impairment charges	`AssetImpairmentCharges`	$11.61M	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$11.61M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.21M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.46M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.21M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.46M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-7.15M	USD	2 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$7.09M	USD	2 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$2.74M	USD	2 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$5.42M	USD	2 Qtrs
Losses on disposals of assets	`GainLossOnDispositionOfAssets1`	$-613.00K	USD	2 Qtrs
Losses on disposals of assets	`GainLossOnDispositionOfAssets1`	$-574.00K	USD	2 Qtrs
Provision for loss on receivables	`ProvisionForDoubtfulAccounts`	$1.17M	USD	2 Qtrs
Provision for loss on receivables	`ProvisionForDoubtfulAccounts`	$199.00K	USD	2 Qtrs
Fair value adjustment of contingent consideration	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$-3.87M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-851.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-11.42M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$12.62M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-91.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-8.84M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-25.43M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$21.41M	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-16.92M	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-14.38M	USD	2 Qtrs
Other current assets and liabilities, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-3.63M	USD	2 Qtrs
Other current assets and liabilities, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-2.16M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$154.73M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$160.26M	USD	2 Qtrs
Capital expenditures, including capitalized interest	`PaymentsToAcquirePropertyPlantAndEquipment`	$78.14M	USD	1 Quarter
Capital expenditures, including capitalized interest	`PaymentsToAcquirePropertyPlantAndEquipment`	$160.60M	USD	2 Qtrs
Capital expenditures, including capitalized interest	`PaymentsToAcquirePropertyPlantAndEquipment`	$90.69M	USD	1 Quarter
Capital expenditures, including capitalized interest	`PaymentsToAcquirePropertyPlantAndEquipment`	$141.67M	USD	2 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.35M	USD	2 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.34M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$778.00K	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.00K	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-159.26M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-141.09M	USD	2 Qtrs
Revolving credit borrowings and (repayments), net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-47.90M	USD	2 Qtrs
Term loan borrowings	`ProceedsFromIssuanceOfLongTermDebt`	$775.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.11M	USD	2 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$82.76M	USD	2 Qtrs
Distributions to Oil States	`PaymentsOfDistributionsToAffiliates`	$750.00M	USD	2 Qtrs
Contributions from Oil States	`ProceedsFromContributionsFromAffiliates`	$84.38M	USD	2 Qtrs
Contributions from Oil States	`ProceedsFromContributionsFromAffiliates`	$28.17M	USD	2 Qtrs
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$44.06M	USD	2 Qtrs
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-46.28M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-16.90M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.67M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$61.37M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-62.19M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$285.49M	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`	$161.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$99.21M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$285.49M	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`	$161.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$99.21M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance, December 31	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Balance, December 31	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Balance, December 31	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time
Balance, December 31	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Balance, December 31 (in Shares)	`CommonStockSharesIssued`	106.69M	shares	Point-in-time
Net income	`ProfitLoss`	$50.88M	USD	2 Qtrs
Net income	`ProfitLoss`	$33.30M	USD	1 Quarter
Net income	`ProfitLoss`	$14.29M	USD	1 Quarter
Net income	`ProfitLoss`	$97.49M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-132.21M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$54.14M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$41.13M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-138.02M	USD	2 Qtrs
Dividends paid	`Dividends`	$513.00K	USD	2 Qtrs
Dividends paid	`Dividends`	$477.00K	USD	2 Qtrs
Net transfers from Oil States International, Inc.	`InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease`	$88.27M	USD	2 Qtrs
Net transfers from Oil States International, Inc.	`InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease`	$369.22M	USD	2 Qtrs
Distribution to Oil States International, Inc.	`DistributionToInvestments`	$750.00M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$549.00K	USD	2 Qtrs
Balance, June 30	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Balance, June 30	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Balance, June 30	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.46B	USD	Point-in-time
Balance, June 30	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.32B	USD	Point-in-time
Balance, June 30 (in Shares)	`CommonStockSharesIssued`	106.69M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$50.88M	USD	2 Qtrs
Net income	`ProfitLoss`	$33.30M	USD	1 Quarter
Net income	`ProfitLoss`	$14.29M	USD	1 Quarter
Net income	`ProfitLoss`	$97.49M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-132.21M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$54.14M	USD	2 Qtrs
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$41.13M	USD	1 Quarter
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-138.02M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-132.21M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$41.13M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-138.02M	USD	2 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$54.14M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$105.02M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.41M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-40.53M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-98.91M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-632.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-284.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-691.00K	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-400.00K	USD	1 Quarter
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-41.16M	USD	2 Qtrs
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$104.33M	USD	2 Qtrs
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$55.01M	USD	1 Quarter
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-99.19M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.