10-Q Filing

CIVEO CORP CIK: 1590584 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001590584-19-000071`
Period End Date	20190331
Filing Date	20190426
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	cveo-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 42 Cash Flow Statement 62 Stockholders Equity 18 Comprehensive Income 14

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Preferred shares, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred shares, par value (in dollars per share)	`PreferredStockNoParValue`	-	USD	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	-	shares	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.37M	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$70.22M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$73.51M	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	9,042.00	shares	Point-in-time
Inventories	`InventoryNet`	$4.28M	USD	Point-in-time
Inventories	`InventoryNet`	$4.31M	USD	Point-in-time
Preferred shares, outstanding (in shares)	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred shares, outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred shares, liquidation preference	`PreferredStockLiquidationPreferenceValue`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$5.57M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.04M	USD	Point-in-time
Preferred shares, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$92.24M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.56M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.70M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockNoParValue`	-	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.06M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	550.00M	shares	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$10.30M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	550.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$103.11M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$107.80M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	169.30M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	171.40M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$650.92M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	166.39M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$658.90M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	165.93M	shares	Point-in-time
Goodwill	`Goodwill`	$114.21M	USD	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	2.10M	shares	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	460,145.00	shares	Point-in-time
Goodwill	`Goodwill`	$119.16M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$111.54M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$119.41M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$22.23M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.36M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.05M	USD	Point-in-time
Total assets	`Assets`	$1.00B	USD	Point-in-time
Total assets	`Assets`	$1.01B	USD	Point-in-time
Total assets	`Assets`	$806.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$28.33M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$30.05M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$13.37M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$15.96M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$572.00K	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$310.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$33.33M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$34.07M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.04M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.60M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.72M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.41M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$86.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$91.07M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$346.84M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$342.91M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$18.44M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$13.84M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$18.53M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$18.22M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$16.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$486.68M	USD	Point-in-time
Total liabilities	`Liabilities`	$466.25M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred shares (Class A Series 1, no par value; 50,000,000 shares authorized, 9,042 shares issued and outstanding, respectively; aggregate liquidation preference of $92,236,909 as of March 31, 2019)	`PreferredStockValue`	$56.74M	USD	Point-in-time
Preferred shares (Class A Series 1, no par value; 50,000,000 shares authorized, 9,042 shares issued and outstanding, respectively; aggregate liquidation preference of $92,236,909 as of March 31, 2019)	`PreferredStockValue`	$56.28M	USD	Point-in-time
Common shares (no par value; 550,000,000 shares authorized, 171,401,230 shares and 166,392,479 shares issued, respectively, and 169,301,917 shares and 165,932,334 shares outstanding, respectively)	`CommonStockValue`	-	USD	Point-in-time
Common shares (no par value; 550,000,000 shares authorized, 171,401,230 shares and 166,392,479 shares issued, respectively, and 169,301,917 shares and 165,932,334 shares outstanding, respectively)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.56B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-710.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-728.75M	USD	Point-in-time
Common shares held in treasury at cost, 2,099,313 and 460,145 shares, respectively	`TreasuryStockValue`	$5.47M	USD	Point-in-time
Common shares held in treasury at cost, 2,099,313 and 460,145 shares, respectively	`TreasuryStockValue`	$1.19M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-371.25M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-365.87M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$535.42M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$521.32M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$419.59M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$535.42M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$476.37M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$521.32M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.00B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$1.01B	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$108.55M	USD	1 Quarter
Total Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$101.50M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.10M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.51M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$30.76M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$30.78M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$28.66M	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-379.00K	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$65.00K	USD	1 Quarter
Costs and Expenses	`CostsAndExpenses`	$154.02M	USD	1 Quarter
Costs and Expenses	`CostsAndExpenses`	$126.44M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-17.89M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-52.52M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.63M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.82M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$27.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$58.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$2.98M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$2.26M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-21.52M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-56.02M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-4.48M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-685.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-55.34M	USD	1 Quarter
Net loss	`ProfitLoss`	$-17.04M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$122.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to Civeo Corporation	`NetIncomeLoss`	$-17.04M	USD	1 Quarter
Net loss attributable to Civeo Corporation	`NetIncomeLoss`	$-55.46M	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$459.00K	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Net loss attributable to Civeo common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-55.46M	USD	1 Quarter
Net loss attributable to Civeo common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-17.50M	USD	1 Quarter
Basic net loss per share attributable to Civeo Corporation common shareholders (USD per share)	`EarningsPerShareBasic`	$-0.42	USD	1 Quarter
Basic net loss per share attributable to Civeo Corporation common shareholders (USD per share)	`EarningsPerShareBasic`	$-0.11	USD	1 Quarter
Diluted net loss per share attributable to Civeo Corporation common shareholders (USD per share)	`EarningsPerShareDiluted`	$-0.42	USD	1 Quarter
Diluted net loss per share attributable to Civeo Corporation common shareholders (USD per share)	`EarningsPerShareDiluted`	$-0.11	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	165.33M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	131.63M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.33M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	131.63M	shares	1 Quarter

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-55.34M	USD	1 Quarter
Net loss	`ProfitLoss`	$-17.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$30.78M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$28.66M	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-4.75M	USD	1 Quarter
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$2.00K	USD	1 Quarter
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$2.53M	USD	1 Quarter
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$2.20M	USD	1 Quarter
Gains on disposals of assets	`GainLossOnDispositionOfAssets1`	$2.15M	USD	1 Quarter
Gains on disposals of assets	`GainLossOnDispositionOfAssets1`	$1.45M	USD	1 Quarter
Provision for loss on receivables, net of recoveries	`ProvisionForDoubtfulAccounts`	$-35.00K	USD	1 Quarter
Provision for loss on receivables, net of recoveries	`ProvisionForDoubtfulAccounts`	$-32.00K	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$-2.05M	USD	1 Quarter
Other, net	`OtherNoncashIncomeExpense`	$410.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.38M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-4.84M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-2.19M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-87.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-10.35M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.42M	USD	1 Quarter
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-1.36M	USD	1 Quarter
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$262.00K	USD	1 Quarter
Other current assets and liabilities, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-1.36M	USD	1 Quarter
Other current assets and liabilities, net	`IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet`	$-148.00K	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$6.34M	USD	1 Quarter
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.84M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.70M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.68M	USD	1 Quarter
Payments related to acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	1 Quarter
Payments related to acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$23.77M	USD	1 Quarter
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.46M	USD	1 Quarter
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.72M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.52M	USD	1 Quarter
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-110.00K	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.70M	USD	1 Quarter
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-23.64M	USD	1 Quarter
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$47.17M	USD	1 Quarter
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$80.32M	USD	1 Quarter
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$74.93M	USD	1 Quarter
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$11.53M	USD	1 Quarter
Term loan repayments	`RepaymentsOfLongTermDebt`	$8.61M	USD	1 Quarter
Term loan repayments	`RepaymentsOfLongTermDebt`	$4.08M	USD	1 Quarter
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.28M	USD	1 Quarter
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$594.00K	USD	1 Quarter
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-7.49M	USD	1 Quarter
Net cash flows provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$30.97M	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$477.00K	USD	1 Quarter
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-837.00K	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.33M	USD	1 Quarter
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.38M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.98M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.99M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.37M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.65M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$41.98M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.99M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.37M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.65M	USD	Point-in-time
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	-	USD	1 Quarter
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	$459.00K	USD	1 Quarter

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$419.59M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$535.42M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$476.37M	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$521.32M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-55.34M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-17.04M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.38M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.82M	USD	1 Quarter
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$119.00K	USD	1 Quarter
Cumulative effect of implementation of ASU	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-699.00K	USD	Point-in-time
Cumulative effect of implementation of ASU	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$394.00K	USD	Point-in-time
Issuance of shares for acquisition	`StockIssuedDuringPeriodValueNewIssues`	$4.50M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.61M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$-1.75M	USD	1 Quarter
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$419.59M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$535.42M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$476.37M	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$521.32M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-55.34M	USD	1 Quarter
Net loss	`ProfitLoss`	$-17.04M	USD	1 Quarter
Foreign currency translation adjustment, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustment, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of zero	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.38M	USD	1 Quarter
Foreign currency translation adjustment, net of taxes of zero	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.82M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-7.82M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.38M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-63.16M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-11.66M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$122.00K	USD	1 Quarter
Comprehensive loss attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-63.28M	USD	1 Quarter
Comprehensive loss attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-11.66M	USD	1 Quarter

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