10-Q Filing

CIVEO CORP CIK: 1590584 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001590584-21-000094`
Period End Date	20210630
Filing Date	20210730
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	cveo-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 85 Cash Flow Statement 68 Stockholders Equity 29 Comprehensive Income 28

Balance Sheet 97 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`	50.00M	shares	Point-in-time
Preferred shares, authorized (in shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	9,042.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.16M	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	9,042.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.41M	USD	Point-in-time
Preferred shares, outstanding (in shares)	`PreferredStockSharesOutstanding`	9,042.00	shares	Point-in-time
Preferred shares, outstanding (in shares)	`PreferredStockSharesOutstanding`	9,042.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$89.78M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$114.19M	USD	Point-in-time
Preferred shares, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$95.51B	USD	Point-in-time
Inventories	`InventoryNet`	$6.96M	USD	Point-in-time
Preferred shares, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$96.47B	USD	Point-in-time
Inventories	`InventoryNet`	$6.18M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.02M	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
Prepaid expenses	`PrepaidExpenseCurrent`	$5.54M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$9.98M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	46.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	46.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.17M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	14.64M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	14.48M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	14.22M	shares	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$2.21M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$119.21M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.22M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.32M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$143.28M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.22M	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$486.93M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$442.82M	USD	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	263,709.00	shares	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	320,598.00	shares	Point-in-time
Goodwill	`Goodwill`	$8.73M	USD	Point-in-time
Goodwill	`Goodwill`	$8.47M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$99.75M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$98.97M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$22.61M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$21.45M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$3.63M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$2.71M	USD	Point-in-time
Total assets	`Assets`	$740.85M	USD	Point-in-time
Total assets	`Assets`	$717.69M	USD	Point-in-time
Total assets	`Assets`	$734.58M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$42.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$43.96M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.35M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$23.98M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$203.00K	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$225.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$34.59M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$35.59M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.81M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$21.49M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.76M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$6.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$131.24M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$116.77M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$189.23M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$214.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$18.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.83M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$15.82M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$354.28M	USD	Point-in-time
Total liabilities	`Liabilities`	$365.50M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`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 $96,471,559 and $95,514,031 as of June 30, 2021 and December 31, 2020)	`PreferredStockValue`	$60.97M	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 $96,471,559 and $95,514,031 as of June 30, 2021 and December 31, 2020)	`PreferredStockValue`	$60.02M	USD	Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 14,636,872 shares and 14,478,878 shares issued, respectively, and 14,316,274 shares and 14,215,169 shares outstanding, respectively) (1)	`CommonStockValue`	-	USD	Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 14,636,872 shares and 14,478,878 shares issued, respectively, and 14,316,274 shares and 14,215,169 shares outstanding, respectively) (1)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.58B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.58B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-918.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-907.73M	USD	Point-in-time
Common shares held in treasury at cost, 320,598 and 263,709 shares, respectively	`TreasuryStockValue`	$6.93M	USD	Point-in-time
Common shares held in treasury at cost, 320,598 and 263,709 shares, respectively	`TreasuryStockValue`	$8.05M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-352.17M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-348.99M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$362.81M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$374.69M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$672.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$595.00K	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$296.94M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.40M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$375.36M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$364.14M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$334.24M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.81M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$717.69M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$740.85M	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Reverse stock split, conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.08	pure	Point-in-time
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$253.49M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$114.70M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$279.61M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$154.18M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$14.70M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$28.88M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$25.43M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$11.49M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$21.38M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$47.71M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$42.65M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$22.20M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$7.93M	USD	2 Qtrs
Impairment expense	`AssetImpairmentCharges`	$7.93M	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$144.12M	USD	2 Qtrs
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$285.00K	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-30.00K	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-101.00K	USD	2 Qtrs
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-704.00K	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$116.54M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$287.38M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$152.05M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$404.40M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$2.13M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-1.84M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-7.77M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-150.91M	USD	2 Qtrs
Interest expense	`InterestExpense`	$9.45M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.40M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.85M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.76M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$20.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$5.70M	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$12.67M	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$788.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$12.64M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-482.00K	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-147.67M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-8.83M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$6.95M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$122.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-8.69M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-492.00K	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$584.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-9.41M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$6.83M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-138.98M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$10.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$480.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$56.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$222.00K	USD	1 Quarter
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$-9.47M	USD	2 Qtrs
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$-139.46M	USD	2 Qtrs
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$13.00K	USD	1 Quarter
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$6.61M	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$480.00K	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$471.00K	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$958.00K	USD	2 Qtrs
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$939.00K	USD	2 Qtrs
Net (loss) income attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$-10.43M	USD	2 Qtrs
Net (loss) income attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$-467.00K	USD	1 Quarter
Net (loss) income attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$6.14M	USD	1 Quarter
Net (loss) income attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$-140.40M	USD	2 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.37	USD	1 Quarter
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-0.73	USD	2 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-9.96	USD	2 Qtrs
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.37	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.73	USD	2 Qtrs
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$-9.96	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.24M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.10M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.15M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.17M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.10M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.24M	shares	2 Qtrs

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-9.41M	USD	2 Qtrs
Net loss	`ProfitLoss`	$6.83M	USD	1 Quarter
Net loss	`ProfitLoss`	$-138.98M	USD	2 Qtrs
Net loss	`ProfitLoss`	$10.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$21.38M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$47.71M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.65M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.20M	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$7.93M	USD	2 Qtrs
Impairment charges	`AssetImpairmentCharges`	$7.93M	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$144.12M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-8.94M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$416.00K	USD	2 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$3.54M	USD	2 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$1.90M	USD	2 Qtrs
Gains on disposals of assets	`GainLossOnDispositionOfAssets1`	$1.94M	USD	2 Qtrs
Gains on disposals of assets	`GainLossOnDispositionOfAssets1`	$1.82M	USD	2 Qtrs
Provision for credit losses, net of recoveries	`ProvisionForDoubtfulAccounts`	$25.00K	USD	2 Qtrs
Provision for credit losses, net of recoveries	`ProvisionForDoubtfulAccounts`	$147.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.48M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$3.24M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$24.62M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-10.23M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$830.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.90M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-563.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.58M	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$251.00K	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$21.00K	USD	2 Qtrs
Other current and noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.09M	USD	2 Qtrs
Other current and noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-12.17M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.35M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$45.32M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.20M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.16M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.85M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.53M	USD	2 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.90M	USD	2 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.01M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.62M	USD	2 Qtrs
Net cash flows provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$2.67M	USD	2 Qtrs
Net cash flows provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$482.00K	USD	2 Qtrs
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$117.98M	USD	2 Qtrs
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$122.32M	USD	2 Qtrs
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$130.08M	USD	2 Qtrs
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$147.95M	USD	2 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$16.55M	USD	2 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$17.87M	USD	2 Qtrs
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.12M	USD	2 Qtrs
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.46M	USD	2 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-31.10M	USD	2 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.64M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-368.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-475.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.98M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.74M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.33M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.31M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.16M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.41M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.33M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.31M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.41M	USD	Point-in-time
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	$958.00K	USD	2 Qtrs
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	$939.00K	USD	2 Qtrs

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Reverse stock split, conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.08	pure	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$296.94M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.40M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$375.36M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$364.14M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$334.24M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.81M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-9.41M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$6.83M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-138.98M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$10.00K	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.57M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.20M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.39M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.16M	USD	2 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$115.00K	USD	2 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$504.00K	USD	2 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$42.00K	USD	1 Quarter
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$231.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.08M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$778.00K	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.31M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$871.00K	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$296.94M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.40M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$375.36M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$364.14M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$334.24M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.81M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-9.41M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$6.83M	USD	1 Quarter
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-138.98M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$10.00K	USD	1 Quarter
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.57M	USD	1 Quarter
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-3.20M	USD	2 Qtrs
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$29.39M	USD	1 Quarter
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-19.16M	USD	2 Qtrs
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-3.20M	USD	2 Qtrs
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-1.57M	USD	1 Quarter
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-19.16M	USD	2 Qtrs
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$29.39M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$36.21M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.56M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-158.14M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-12.62M	USD	2 Qtrs
Less: Comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-11.00K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$38.00K	USD	2 Qtrs
Less: Comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$303.00K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$466.00K	USD	2 Qtrs
Comprehensive (loss) income attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$35.91M	USD	1 Quarter
Comprehensive (loss) income attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-158.60M	USD	2 Qtrs
Comprehensive (loss) income attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-1.55M	USD	1 Quarter
Comprehensive (loss) income attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-12.65M	USD	2 Qtrs

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