10-Q Filing

CIVEO CORP CIK: 1590584 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001590584-21-000116`
Period End Date	20210930
Filing Date	20211028
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	cveo-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 89 Cash Flow Statement 76 Stockholders Equity 31 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
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`	$4.95M	USD	Point-in-time
Preferred shares, issued (in shares)	`PreferredStockSharesIssued`	9,042.00	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$89.78M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$108.06M	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
Preferred shares, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$96.95B	USD	Point-in-time
Inventories	`InventoryNet`	$6.09M	USD	Point-in-time
Inventories	`InventoryNet`	$6.18M	USD	Point-in-time
Preferred shares, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$95.51B	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`	$10.82M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.02M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$6.17M	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`	$12.57M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$15.53M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$3.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	14.63M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	14.22M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	14.48M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.22M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$158.02M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.22M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.31M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$119.21M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$486.93M	USD	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	320,598.00	shares	Point-in-time
Treasury shares (in shares)	`TreasuryStockShares`	263,709.00	shares	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$399.96M	USD	Point-in-time
Goodwill	`Goodwill`	$8.12M	USD	Point-in-time
Goodwill	`Goodwill`	$8.73M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$94.68M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$99.75M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$22.61M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$19.27M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$3.99M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$3.63M	USD	Point-in-time
Total assets	`Assets`	$732.94M	USD	Point-in-time
Total assets	`Assets`	$740.85M	USD	Point-in-time
Total assets	`Assets`	$684.04M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$42.06M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$45.19M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$31.08M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.35M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$203.00K	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$261.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$30.47M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$34.59M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.81M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$24.22M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.76M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$5.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$136.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$116.77M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$214.00M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$162.69M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$19.83M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$16.38M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.90M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$15.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$365.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$331.26M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`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 $96,953,917 and $95,514,031 as of September 30, 2021 and December 31, 2020)	`PreferredStockValue`	$61.46M	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 $96,953,917 and $95,514,031 as of September 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)	`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)	`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`	$-907.73M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-918.54M	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
Common shares held in treasury at cost, 320,598 and 263,709 shares, respectively	`TreasuryStockValue`	$6.93M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-364.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-348.99M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$351.75M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$374.69M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.03M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$672.00K	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.81M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$352.79M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$334.24M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$375.36M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.40M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$353.61M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$740.85M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$684.04M	USD	Point-in-time

Income Statement 89 line items

Line Item	Tag	Value	Unit	Period
Reverse stock split, conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.08	pure	Point-in-time
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$396.35M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$155.06M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$434.67M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$142.86M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$38.89M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$13.46M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.32M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$46.20M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$24.82M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$20.28M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$62.93M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$72.53M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	$144.12M	USD	3 Qtrs
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment expense	`AssetImpairmentCharges`	$7.93M	USD	3 Qtrs
Other operating expense	`OtherOperatingIncomeExpenseNet`	$-122.00K	USD	3 Qtrs
Other operating expense	`OtherOperatingIncomeExpenseNet`	$-21.00K	USD	1 Quarter
Other operating expense	`OtherOperatingIncomeExpenseNet`	$-51.00K	USD	1 Quarter
Other operating expense	`OtherOperatingIncomeExpenseNet`	$-755.00K	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$135.77M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$149.05M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$436.43M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$540.17M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-143.82M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$6.01M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-1.76M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$7.09M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.93M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.65M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.10M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.17M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-383.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-416.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-416.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-383.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$20.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$364.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$4.54M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$6.07M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$17.21M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.04M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-140.07M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.79M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.60M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$2.35M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$180.00K	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-8.51M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$1.77M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$7.42M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-8.39M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.02M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-131.56M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$914.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$534.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$434.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$478.00K	USD	1 Quarter
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$-8.93M	USD	3 Qtrs
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$-132.47M	USD	3 Qtrs
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$544.00K	USD	1 Quarter
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$6.99M	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$472.00K	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$1.44M	USD	3 Qtrs
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$482.00K	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$1.41M	USD	3 Qtrs
Net income (loss) attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$-10.37M	USD	3 Qtrs
Net income (loss) attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$-133.88M	USD	3 Qtrs
Net income (loss) attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$62.00K	USD	1 Quarter
Net income (loss) attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$6.52M	USD	1 Quarter
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-0.73	USD	3 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-9.48	USD	3 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.39	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.39	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.73	USD	3 Qtrs
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$-9.48	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.16M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.28M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.26M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.12M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.36M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.21M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.12M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.26M	shares	3 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$7.42M	USD	1 Quarter
Net loss	`ProfitLoss`	$-8.39M	USD	3 Qtrs
Net loss	`ProfitLoss`	$1.02M	USD	1 Quarter
Net loss	`ProfitLoss`	$-131.56M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$24.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.28M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$62.93M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$72.53M	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	$144.12M	USD	3 Qtrs
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment charges	`AssetImpairmentCharges`	$7.93M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-383.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-416.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-416.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-383.00K	USD	3 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-8.94M	USD	3 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$2.10M	USD	3 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$2.93M	USD	3 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$4.80M	USD	3 Qtrs
Gains on disposals of assets	`GainLossOnDispositionOfAssets1`	$2.58M	USD	3 Qtrs
Gains on disposals of assets	`GainLossOnDispositionOfAssets1`	$2.31M	USD	3 Qtrs
Provision for credit losses, net of recoveries	`ProvisionForDoubtfulAccounts`	$45.00K	USD	3 Qtrs
Provision for credit losses, net of recoveries	`ProvisionForDoubtfulAccounts`	$155.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-2.44M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$2.73M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.52M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-5.36M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-194.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$193.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$9.84M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.25M	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$61.00K	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$51.00K	USD	3 Qtrs
Other current and noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-6.84M	USD	3 Qtrs
Other current and noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$2.24M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$63.24M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$80.67M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.64M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.24M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.40M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.39M	USD	1 Quarter
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.54M	USD	3 Qtrs
Proceeds from disposition of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.34M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.62M	USD	3 Qtrs
Net cash flows provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.71M	USD	3 Qtrs
Net cash flows provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.10M	USD	3 Qtrs
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$367.62M	USD	3 Qtrs
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$324.61M	USD	3 Qtrs
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$369.12M	USD	3 Qtrs
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$305.15M	USD	3 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$117.59M	USD	3 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$31.09M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.58M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.41M	USD	3 Qtrs
Payments for Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$445.00K	USD	3 Qtrs
Payments for Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.46M	USD	3 Qtrs
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.12M	USD	3 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-61.09M	USD	3 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-79.64M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.25M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$865.00K	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.61M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.21M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.95M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.33M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.94M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.16M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.95M	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`	$6.94M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.16M	USD	Point-in-time
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	$1.44M	USD	3 Qtrs
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	$1.41M	USD	3 Qtrs

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Reverse stock split, conversion ratio	`StockholdersEquityNoteStockSplitConversionRatio1`	0.08	pure	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.81M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$352.79M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$334.24M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$375.36M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.40M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$353.61M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$7.42M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-8.39M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.02M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-131.56M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.42M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.03M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.13M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.22M	USD	1 Quarter
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$130.00K	USD	3 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$954.00K	USD	3 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$450.00K	USD	1 Quarter
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$15.00K	USD	1 Quarter
Common shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$445.00K	USD	3 Qtrs
Common shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$445.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.03M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.35M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.26M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.81M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$490.81M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$352.79M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$334.24M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$375.36M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.40M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$353.61M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$7.42M	USD	1 Quarter
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-8.39M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.02M	USD	1 Quarter
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-131.56M	USD	3 Qtrs
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.42M	USD	3 Qtrs
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.03M	USD	3 Qtrs
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.13M	USD	1 Quarter
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.22M	USD	1 Quarter
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$11.13M	USD	1 Quarter
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-8.03M	USD	3 Qtrs
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-12.22M	USD	1 Quarter
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-15.42M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-139.59M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-11.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$18.55M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-23.81M	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$450.00K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$462.00K	USD	1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$928.00K	USD	3 Qtrs
Less: Comprehensive (loss) income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$488.00K	USD	3 Qtrs
Comprehensive (loss) income attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$18.09M	USD	1 Quarter
Comprehensive (loss) income attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-11.64M	USD	1 Quarter
Comprehensive (loss) income attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-24.30M	USD	3 Qtrs
Comprehensive (loss) income attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-140.51M	USD	3 Qtrs

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