10-Q Filing

CIVEO CORP CIK: 1590584 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001590584-23-000117`
Period End Date	20230930
Filing Date	20231027
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	cveo-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 84 Cash Flow Statement 69 Stockholders Equity 39 Comprehensive Income 28

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
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
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
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	15.58M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	15.17M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.95M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	15.22M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$119.75M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	14.80M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$153.95M	USD	Point-in-time
Treasury shares (in shares)	`TreasuryStockCommonShares`	366,675.00	shares	Point-in-time
Treasury shares (in shares)	`TreasuryStockCommonShares`	366,675.00	shares	Point-in-time
Inventories	`InventoryNet`	$6.91M	USD	Point-in-time
Inventories	`InventoryNet`	$6.27M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$7.20M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$11.16M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.08M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.25M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.19M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$8.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$190.63M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$153.55M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$263.44M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$301.89M	USD	Point-in-time
Goodwill	`Goodwill`	$7.67M	USD	Point-in-time
Goodwill	`Goodwill`	$7.29M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$77.55M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$81.75M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$15.72M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$12.87M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$5.60M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$4.83M	USD	Point-in-time
Total assets	`Assets`	$556.59M	USD	Point-in-time
Total assets	`Assets`	$583.33M	USD	Point-in-time
Total assets	`Assets`	$566.18M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$53.12M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$51.09M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$48.69M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$39.21M	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$173.00K	USD	Point-in-time
Income taxes	`AccruedIncomeTaxesCurrent`	$178.00K	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$28.45M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$7.14M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$991.00K	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.88M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$9.28M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$128.26M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$125.29M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$95.85M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtNoncurrent`	$102.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$7.02M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$4.78M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$10.36M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$12.77M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$24.11M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$14.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$262.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$262.63M	USD	Point-in-time
Preferred shares (Class A Series 1)	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares (Class A Series 1)	`PreferredStockValue`	-	USD	Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 15,167,502 shares and 15,584,176 shares issued, respectively, and 14,800,827 shares and 15,217,501 shares outstanding, respectively)	`CommonStockValue`	-	USD	Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 15,167,502 shares and 15,584,176 shares issued, respectively, and 14,800,827 shares and 15,217,501 shares outstanding, respectively)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.62B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.63B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-935.94M	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`	$-392.08M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-385.19M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$300.14M	USD	Point-in-time
Total Civeo Corporation shareholders equity	`StockholdersEquity`	$290.72M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.56M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$3.24M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$303.70M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.52M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.11M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$293.96M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.20M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$295.33M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$556.59M	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$566.18M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$534.86M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$184.23M	USD	1 Quarter
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$530.01M	USD	3 Qtrs
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$183.57M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$20.24M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$52.88M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$50.57M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$17.68M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$59.28M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$65.82M	USD	3 Qtrs
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$16.91M	USD	1 Quarter
Depreciation and amortization expense	`DepreciationDepletionAndAmortization`	$22.61M	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$339.00K	USD	1 Quarter
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-302.00K	USD	3 Qtrs
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$187.00K	USD	3 Qtrs
Other operating expense (income)	`OtherOperatingIncomeExpenseNet`	$-87.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$507.70M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$167.53M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$173.44M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$505.60M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$22.31M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$16.04M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$29.26M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$10.79M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.08M	USD	3 Qtrs
Interest expense	`InterestExpense`	$10.62M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.37M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$44.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$126.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$13.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$15.00K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-4.71M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$4.29M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-1.83M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$2.18M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$25.49M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.98M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.01M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$9.98M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$3.71M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$2.90M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$7.09M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-1.21M	USD	1 Quarter
Net income	`ProfitLoss`	$9.22M	USD	1 Quarter
Net income	`ProfitLoss`	$6.26M	USD	1 Quarter
Net income	`ProfitLoss`	$18.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$7.08M	USD	3 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-53.00K	USD	3 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$546.00K	USD	1 Quarter
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.71M	USD	3 Qtrs
Less: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$201.00K	USD	1 Quarter
Net income attributable to Civeo Corporation	`NetIncomeLoss`	$16.70M	USD	3 Qtrs
Net income attributable to Civeo Corporation	`NetIncomeLoss`	$9.02M	USD	1 Quarter
Net income attributable to Civeo Corporation	`NetIncomeLoss`	$5.72M	USD	1 Quarter
Net income attributable to Civeo Corporation	`NetIncomeLoss`	$7.13M	USD	3 Qtrs
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	-	USD	3 Qtrs
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$1.47M	USD	3 Qtrs
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	$492.00K	USD	1 Quarter
Less: Dividends attributable to Class A preferred shares	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Net income attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$9.02M	USD	1 Quarter
Net income attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$5.22M	USD	1 Quarter
Net income attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$15.23M	USD	3 Qtrs
Net income attributable to Civeo common shareholders	`NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic`	$7.13M	USD	3 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	3 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.61	USD	1 Quarter
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	3 Qtrs
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.91	USD	3 Qtrs
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	3 Qtrs
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	1 Quarter
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (in dollars per share)	`EarningsPerShareDiluted`	$0.61	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.98M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.93M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.06M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	14.81M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.22M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.06M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.05M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	14.89M	shares	1 Quarter
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.25	USD	3 Qtrs
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	3 Qtrs
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	-	USD	1 Quarter
Dividends per common share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.25	USD	1 Quarter

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$9.22M	USD	1 Quarter
Net income	`ProfitLoss`	$6.26M	USD	1 Quarter
Net income	`ProfitLoss`	$18.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$7.08M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$59.28M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.82M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.61M	USD	1 Quarter
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$2.69M	USD	3 Qtrs
Deferred income tax expense	`DeferredIncomeTaxExpenseBenefit`	$6.93M	USD	3 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$2.86M	USD	3 Qtrs
Non-cash compensation charge	`EmployeeBenefitsAndShareBasedCompensation`	$3.30M	USD	3 Qtrs
Losses (gains) on disposals of assets	`GainLossOnDispositionOfAssets1`	$4.07M	USD	3 Qtrs
Losses (gains) on disposals of assets	`GainLossOnDispositionOfAssets1`	$-2.26M	USD	3 Qtrs
Provision (benefit) for credit losses, net of recoveries	`ProvisionForDoubtfulAccounts`	$-23.00K	USD	3 Qtrs
Provision (benefit) for credit losses, net of recoveries	`ProvisionForDoubtfulAccounts`	$120.00K	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-1.90M	USD	3 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$-2.40M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$19.14M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$37.41M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.56M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-420.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.77M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.52M	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-62.00K	USD	3 Qtrs
Taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-5.00K	USD	3 Qtrs
Other current and noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$12.70M	USD	3 Qtrs
Other current and noncurrent assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-12.20M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$62.37M	USD	3 Qtrs
Net cash flows provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$56.59M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.47M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.82M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$21.18M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.46M	USD	1 Quarter
Proceeds from dispositions of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.97M	USD	3 Qtrs
Proceeds from dispositions of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.07M	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	3 Qtrs
Other, net	`PaymentsForProceedsFromOtherInvestingActivities`	$-190.00K	USD	3 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-14.11M	USD	3 Qtrs
Net cash flows used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.30M	USD	3 Qtrs
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$172.87M	USD	3 Qtrs
Revolving credit borrowings	`ProceedsFromLinesOfCredit`	$204.95M	USD	3 Qtrs
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$179.60M	USD	3 Qtrs
Revolving credit repayments	`RepaymentsOfLinesOfCredit`	$219.78M	USD	3 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$23.06M	USD	3 Qtrs
Term loan repayments	`RepaymentsOfLongTermDebt`	$22.34M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	-	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.73M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$3.70M	USD	Point-in-time
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$9.22M	USD	3 Qtrs
Repurchases of common shares	`PaymentsForRepurchaseOfCommonStock`	$14.21M	USD	3 Qtrs
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Taxes paid on vested shares	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.01M	USD	3 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-53.10M	USD	3 Qtrs
Net cash flows used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.02M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-598.00K	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.89M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.08M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-137.00K	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.36M	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`	$7.82M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.95M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.36M	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`	$7.82M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.95M	USD	Point-in-time
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	-	USD	3 Qtrs
Preferred dividends paid-in-kind	`DividendsPreferredStockPaidinkind`	$1.47M	USD	3 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$303.70M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.52M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.11M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$293.96M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.20M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$295.33M	USD	Point-in-time
Net income	`ProfitLoss`	$9.22M	USD	1 Quarter
Net income	`ProfitLoss`	$6.26M	USD	1 Quarter
Net income	`ProfitLoss`	$18.40M	USD	3 Qtrs
Net income	`ProfitLoss`	$7.08M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.75M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-32.76M	USD	3 Qtrs
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.79M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.89M	USD	3 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.00M	USD	3 Qtrs
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$61.00K	USD	1 Quarter
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.80M	USD	1 Quarter
Dividends paid	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$197.00K	USD	3 Qtrs
Dividends attributable to Class A preferred shares	`DividendsPreferredStock`	-	USD	1 Quarter
Dividends attributable to Class A preferred shares	`DividendsPreferredStock`	-	USD	3 Qtrs
Common shares repurchased	`StockRepurchasedDuringPeriodValue`	$14.21M	USD	3 Qtrs
Common shares repurchased	`StockRepurchasedDuringPeriodValue`	$9.22M	USD	3 Qtrs
Common shares repurchased	`StockRepurchasedDuringPeriodValue`	$13.67M	USD	1 Quarter
Common shares repurchased	`StockRepurchasedDuringPeriodValue`	$1.25M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.85M	USD	3 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$887.00K	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.25M	USD	1 Quarter
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.30M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$303.70M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.52M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$363.11M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$293.96M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$336.20M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$295.33M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	15.22M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	14.80M	shares	Point-in-time
Common shares repurchased (in shares)	`TreasuryStockSharesAcquired`	374,753.00	shares	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	15.22M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	14.80M	shares	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$9.22M	USD	1 Quarter
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Net income	`ProfitLoss`	$6.26M	USD	1 Quarter
Net income	`ProfitLoss`	$18.40M	USD	3 Qtrs
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	1 Quarter
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Foreign currency translation charges, taxes	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax`	-	USD	3 Qtrs
Net income	`ProfitLoss`	$7.08M	USD	3 Qtrs
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-20.75M	USD	1 Quarter
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-32.76M	USD	3 Qtrs
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.79M	USD	1 Quarter
Foreign currency translation adjustment, net of zero taxes	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.89M	USD	3 Qtrs
Total other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-6.89M	USD	3 Qtrs
Total other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-32.76M	USD	3 Qtrs
Total other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-20.75M	USD	1 Quarter
Total other comprehensive loss, net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-6.79M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-14.48M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.43M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-14.36M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$189.00K	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.47M	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-50.00K	USD	3 Qtrs
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$136.00K	USD	1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$368.00K	USD	1 Quarter
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-14.85M	USD	1 Quarter
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$2.29M	USD	1 Quarter
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$239.00K	USD	3 Qtrs
Comprehensive income (loss) attributable to Civeo Corporation	`ComprehensiveIncomeNetOfTax`	$-15.83M	USD	3 Qtrs

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