10-Q Filing

CIVEO CORP CIK: 1590584 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001590584-23-000103`
Period End Date	20230630
Filing Date	20230728
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	cveo-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 80 Cash Flow Statement 66 Stockholders Equity 42 Comprehensive Income 28

Balance Sheet 89 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`	$11.42M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.95M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$119.75M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$140.09M	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
Inventories	`InventoryNet`	$6.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	15.23M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	15.58M	shares	Point-in-time
Inventories	`InventoryNet`	$7.17M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.86M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	15.22M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$6.17M	USD	Point-in-time
Treasury shares (in shares)	`TreasuryStockCommonShares`	366,675.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.08M	USD	Point-in-time
Treasury shares (in shares)	`TreasuryStockCommonShares`	366,675.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.83M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.20M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$153.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$175.88M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$275.56M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$301.89M	USD	Point-in-time
Goodwill	`Goodwill`	$7.52M	USD	Point-in-time
Goodwill	`Goodwill`	$7.67M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$81.75M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$80.64M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$15.72M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$14.02M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$5.34M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$5.60M	USD	Point-in-time
Total assets	`Assets`	$566.18M	USD	Point-in-time
Total assets	`Assets`	$558.96M	USD	Point-in-time
Total assets	`Assets`	$637.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$51.09M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$47.76M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$39.21M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$27.52M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$178.00K	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$100.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$14.66M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$28.45M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$991.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.10M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.34M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$102.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$128.26M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$102.50M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$121.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$8.63M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$4.78M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$11.45M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.77M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$19.87M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$263.63M	USD	Point-in-time
Total liabilities	`Liabilities`	$262.48M	USD	Point-in-time
Preferred shares (Class A Series 1) no par value; 50,000,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares (Class A Series 1) no par value; 50,000,000 shares authorized	`PreferredStockValue`	-	USD	Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 15,229,846 shares and 15,584,176 shares issued, respectively, and 14,863,171 shares and 15,217,501 shares outstanding, respectively)	`CommonStockValue`	-	USD	Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 15,229,846 shares and 15,584,176 shares issued, respectively, and 14,863,171 shares and 15,217,501 shares outstanding, respectively)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.63B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.62B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-939.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-930.12M	USD	Point-in-time
Common shares held in treasury at cost, 366,675 and 366,675 shares, respectively	`TreasuryStockValue`	$9.06M	USD	Point-in-time
Common shares held in treasury at cost, 366,675 and 366,675 shares, respectively	`TreasuryStockValue`	$9.06M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-385.19M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-385.35M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$300.14M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$292.16M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.56M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.17M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$295.33M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$303.70M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$292.18M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.11M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.52M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$372.97M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$558.96M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$566.18M	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$184.95M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$346.43M	USD	2 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$178.84M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$350.63M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.90M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.68M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$16.46M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$32.65M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$43.21M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$42.36M	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$20.70M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$23.08M	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$106.00K	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-215.00K	USD	2 Qtrs
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-86.00K	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-152.00K	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$170.71M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$168.67M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$332.15M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$340.17M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$10.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$18.48M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$14.24M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$6.27M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.26M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.08M	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.61M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$50.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$82.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$415.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$2.88M	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$2.11M	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$427.00K	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$12.05M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$15.52M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.97M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.04M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$4.11M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.82M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$2.88M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.38M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$10.23M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$12.14M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-2.14M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.16M	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-296.00K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-254.00K	USD	2 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$662.00K	USD	1 Quarter
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$9.57M	USD	1 Quarter
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$10.98M	USD	2 Qtrs
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$4.46M	USD	1 Quarter
Net income (loss) attributable to Civeo Corporation	`NetIncomeLoss`	$-1.89M	USD	2 Qtrs
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$977.00K	USD	2 Qtrs
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$490.00K	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	-	USD	2 Qtrs
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Net income (loss) attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$4.46M	USD	1 Quarter
Net income (loss) attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$-1.89M	USD	2 Qtrs
Net income (loss) attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$9.08M	USD	1 Quarter
Net income (loss) attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$10.00M	USD	2 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.60	USD	2 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.55	USD	1 Quarter
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	2 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	2 Qtrs
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.60	USD	2 Qtrs
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.54	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.97M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	15.06M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.12M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.15M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.28M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.06M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.27M	shares	2 Qtrs

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$10.23M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$12.14M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-2.14M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$43.21M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.36M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.70M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$23.08M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$3.98M	USD	2 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$3.26M	USD	2 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$1.97M	USD	2 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$2.04M	USD	2 Qtrs
Gains on disposals of assets	`GainLossOnDispositionOfAssets1`	$1.90M	USD	2 Qtrs
Gains on disposals of assets	`GainLossOnDispositionOfAssets1`	$2.44M	USD	2 Qtrs
Provision for credit losses, net of recoveries	`ProvisionForDoubtfulAccounts`	$-24.00K	USD	2 Qtrs
Provision for credit losses, net of recoveries	`ProvisionForDoubtfulAccounts`	$-65.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.24M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.54M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$23.12M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$19.67M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$297.00K	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.18M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.71M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-14.71M	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-78.00K	USD	2 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-99.00K	USD	2 Qtrs
Other current and noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.46M	USD	2 Qtrs
Other current and noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-9.54M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.63M	USD	2 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.76M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.05M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.65M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.95M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.72M	USD	2 Qtrs
Proceeds from dispositions of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.30M	USD	2 Qtrs
Proceeds from dispositions of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.72M	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-190.00K	USD	2 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.16M	USD	2 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.00M	USD	2 Qtrs
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$114.67M	USD	2 Qtrs
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$155.71M	USD	2 Qtrs
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$158.29M	USD	2 Qtrs
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$98.68M	USD	2 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$15.76M	USD	2 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$14.94M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$7.97M	USD	2 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$542.00K	USD	2 Qtrs
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.01M	USD	2 Qtrs
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	2 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-19.89M	USD	2 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.92M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-82.00K	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-377.00K	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.47M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.50M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.78M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.95M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.28M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.42M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.78M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.95M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.28M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.42M	USD	Point-in-time
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	$977.00K	USD	2 Qtrs
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	-	USD	2 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$295.33M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$303.70M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$292.18M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.11M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.52M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$372.97M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$10.23M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.17M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$12.14M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-2.14M	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.02M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.08M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-95.00K	USD	2 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.01M	USD	2 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$203.00K	USD	2 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$66.00K	USD	1 Quarter
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$70.00K	USD	1 Quarter
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$136.00K	USD	2 Qtrs
Dividends attributable to Class A preferred shares	`DividendsPreferredStock`	-	USD	1 Quarter
Dividends attributable to Class A preferred shares	`DividendsPreferredStock`	-	USD	2 Qtrs
Common shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$542.00K	USD	2 Qtrs
Common shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$533.00K	USD	1 Quarter
Common shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$4.20M	USD	1 Quarter
Common shares repurchased	`TreasuryStockValueAcquiredCostMethod`	$7.97M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.18M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.04M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$942.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$961.00K	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$295.33M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$303.70M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$292.18M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.11M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.52M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$372.97M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	14.86M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	15.22M	shares	Point-in-time
Common shares repurchased (in shares)	`TreasuryStockSharesAcquired`	212,200.00	shares	1 Quarter
Common shares repurchased (in shares)	`TreasuryStockSharesAcquired`	22,900.00	shares	2 Qtrs
Common shares repurchased (in shares)	`TreasuryStockSharesAcquired`	22,400.00	shares	1 Quarter
Common shares repurchased (in shares)	`TreasuryStockSharesAcquired`	380,900.00	shares	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	14.86M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	15.22M	shares	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$10.23M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$4.17M	USD	1 Quarter
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$12.14M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-2.14M	USD	2 Qtrs
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.02M	USD	1 Quarter
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$2.08M	USD	1 Quarter
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-95.00K	USD	2 Qtrs
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-12.01M	USD	2 Qtrs
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-95.00K	USD	2 Qtrs
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$2.08M	USD	1 Quarter
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-20.02M	USD	1 Quarter
Total other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-12.01M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.25M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.24M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-9.79M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$126.00K	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.11M	USD	2 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$568.00K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-226.00K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-186.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-980.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$6.47M	USD	1 Quarter
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-2.05M	USD	2 Qtrs
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-10.36M	USD	1 Quarter

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