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10-Q Filing

CIVEO CORP CIK: 1590584 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001590584-24-000079
Period End Date 20240331
Filing Date 20240426
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance cveo-20240331_htm.xml
Balance Sheet 158 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, 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 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 15.04M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 15.04M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 15.05M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 15.05M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $16.75M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $16.75M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.32M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.32M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 14.62M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 14.62M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 14.68M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 14.68M shares Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $143.22M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $143.22M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $131.48M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $131.48M USD Point-in-time
Inventories InventoryNet $7.23M USD Point-in-time
Inventories InventoryNet $7.23M USD Point-in-time
Inventories InventoryNet $6.98M USD Point-in-time
Inventories InventoryNet $6.98M USD Point-in-time
Treasury shares (in shares) TreasuryStockCommonShares 414,074.00 shares Point-in-time
Treasury shares (in shares) TreasuryStockCommonShares 414,074.00 shares 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
Prepaid expenses PrepaidExpenseCurrent $8.44M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $8.44M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $6.09M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrent $6.09M USD Point-in-time
Other current assets OtherAssetsCurrent $3.52M USD Point-in-time
Other current assets OtherAssetsCurrent $3.52M USD Point-in-time
Other current assets OtherAssetsCurrent $7.41M USD Point-in-time
Other current assets OtherAssetsCurrent $7.41M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $3.80M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $3.80M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $5.87M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $5.87M USD Point-in-time
Total current assets AssetsCurrent $168.87M USD Point-in-time
Total current assets AssetsCurrent $168.87M USD Point-in-time
Total current assets AssetsCurrent $175.25M USD Point-in-time
Total current assets AssetsCurrent $175.25M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $245.84M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $245.84M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $270.56M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $270.56M USD Point-in-time
Goodwill Goodwill $7.69M USD Point-in-time
Goodwill Goodwill $7.69M USD Point-in-time
Goodwill Goodwill $7.36M USD Point-in-time
Goodwill Goodwill $7.36M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $78.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $78.00M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $74.69M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $74.69M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $12.29M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $12.29M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $12.74M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $12.74M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $4.28M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $4.28M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $3.57M USD Point-in-time
Other noncurrent assets OtherAssetsNoncurrent $3.57M USD Point-in-time
Total assets Assets $513.07M USD Point-in-time
Total assets Assets $513.07M USD Point-in-time
Total assets Assets $551.16M USD Point-in-time
Total assets Assets $551.16M USD Point-in-time
Total assets Assets $548.06M USD Point-in-time
Total assets Assets $548.06M USD Point-in-time
Accounts payable AccountsPayableCurrent $58.70M USD Point-in-time
Accounts payable AccountsPayableCurrent $58.70M USD Point-in-time
Accounts payable AccountsPayableCurrent $48.64M USD Point-in-time
Accounts payable AccountsPayableCurrent $48.64M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $40.52M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $40.52M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $26.13M USD Point-in-time
Accrued liabilities AccruedLiabilitiesCurrent $26.13M USD Point-in-time
Income taxes AccruedIncomeTaxesCurrent $7.43M USD Point-in-time
Income taxes AccruedIncomeTaxesCurrent $7.43M USD Point-in-time
Income taxes AccruedIncomeTaxesCurrent $3.83M USD Point-in-time
Income taxes AccruedIncomeTaxesCurrent $3.83M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $4.49M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $4.49M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $4.85M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $4.85M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $6.17M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $6.17M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $6.33M USD Point-in-time
Other current liabilities OtherLiabilitiesCurrent $6.33M USD Point-in-time
Total current liabilities LiabilitiesCurrent $114.24M USD Point-in-time
Total current liabilities LiabilitiesCurrent $114.24M USD Point-in-time
Total current liabilities LiabilitiesCurrent $92.85M USD Point-in-time
Total current liabilities LiabilitiesCurrent $92.85M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $78.60M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $78.60M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $65.55M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $65.55M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $9.05M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $9.05M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $11.80M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $11.80M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $9.26M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $9.26M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $9.45M USD Point-in-time
Operating lease liabilities OperatingLeaseLiabilityNoncurrent $9.45M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $23.02M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $23.02M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $24.17M USD Point-in-time
Other noncurrent liabilities OtherLiabilitiesNoncurrent $24.17M USD Point-in-time
Total liabilities Liabilities $225.02M USD Point-in-time
Total liabilities Liabilities $225.02M USD Point-in-time
Total liabilities Liabilities $212.96M USD Point-in-time
Total liabilities Liabilities $212.96M USD Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 15,037,791 shares and 15,046,756 shares issued, respectively, and 14,623,717 shares and 14,680,081 shares outstanding, respectively) CommonStockValue - USD Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 15,037,791 shares and 15,046,756 shares issued, respectively, and 14,623,717 shares and 14,680,081 shares outstanding, respectively) CommonStockValue - USD Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 15,037,791 shares and 15,046,756 shares issued, respectively, and 14,623,717 shares and 14,680,081 shares outstanding, respectively) CommonStockValue - USD Point-in-time
Common shares (no par value; 46,000,000 shares authorized, 15,037,791 shares and 15,046,756 shares issued, respectively, and 14,623,717 shares and 14,680,081 shares outstanding, respectively) CommonStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.63B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.63B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.63B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.63B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-919.02M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-919.02M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-931.13M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-931.13M USD Point-in-time
Common shares held in treasury at cost, 414,074 and 366,675 shares, respectively TreasuryStockValue $10.13M USD Point-in-time
Common shares held in treasury at cost, 414,074 and 366,675 shares, respectively TreasuryStockValue $10.13M USD Point-in-time
Common shares held in treasury at cost, 414,074 and 366,675 shares, respectively TreasuryStockValue $9.06M USD Point-in-time
Common shares held in treasury at cost, 414,074 and 366,675 shares, respectively TreasuryStockValue $9.06M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-380.71M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-380.71M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-390.88M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-390.88M USD Point-in-time
Total Civeo Corporation shareholders equity StockholdersEquity $320.17M USD Point-in-time
Total Civeo Corporation shareholders equity StockholdersEquity $320.17M USD Point-in-time
Total Civeo Corporation shareholders equity StockholdersEquity $297.38M USD Point-in-time
Total Civeo Corporation shareholders equity StockholdersEquity $297.38M USD Point-in-time
Noncontrolling interest MinorityInterest $2.87M USD Point-in-time
Noncontrolling interest MinorityInterest $2.87M USD Point-in-time
Noncontrolling interest MinorityInterest $2.73M USD Point-in-time
Noncontrolling interest MinorityInterest $2.73M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.70M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.70M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.04M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.04M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.18M USD Point-in-time
Total shareholders equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.18M USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $548.06M USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $548.06M USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $513.07M USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $513.07M USD Point-in-time
Income Statement 84 line items
Line Item Tag Value Unit Period
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $166.12M USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $166.12M USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $167.59M USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $167.59M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $18.64M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $18.64M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $16.19M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $16.19M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $21.66M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $21.66M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $16.77M USD 1 Quarter
Depreciation and amortization expense DepreciationDepletionAndAmortization $16.77M USD 1 Quarter
Impairment expense AssetImpairmentCharges $7.82M USD 1 Quarter
Impairment expense AssetImpairmentCharges $7.82M USD 1 Quarter
Impairment expense AssetImpairmentCharges - USD 1 Quarter
Impairment expense AssetImpairmentCharges - USD 1 Quarter
Gain on sale of McClelland Lake Lodge assets, net GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Gain on sale of McClelland Lake Lodge assets, net GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Gain on sale of McClelland Lake Lodge assets, net GainLossOnSaleOfPropertyPlantEquipment $6.08M USD 1 Quarter
Gain on sale of McClelland Lake Lodge assets, net GainLossOnSaleOfPropertyPlantEquipment $6.08M USD 1 Quarter
Other operating expense OtherOperatingIncomeExpenseNet $-129.00K USD 1 Quarter
Other operating expense OtherOperatingIncomeExpenseNet $-129.00K USD 1 Quarter
Other operating expense OtherOperatingIncomeExpenseNet $-298.00K USD 1 Quarter
Other operating expense OtherOperatingIncomeExpenseNet $-298.00K USD 1 Quarter
Total costs and expenses CostsAndExpenses $167.90M USD 1 Quarter
Total costs and expenses CostsAndExpenses $167.90M USD 1 Quarter
Total costs and expenses CostsAndExpenses $171.50M USD 1 Quarter
Total costs and expenses CostsAndExpenses $171.50M USD 1 Quarter
Operating loss OperatingIncomeLoss $-1.78M USD 1 Quarter
Operating loss OperatingIncomeLoss $-1.78M USD 1 Quarter
Operating loss OperatingIncomeLoss $-3.90M USD 1 Quarter
Operating loss OperatingIncomeLoss $-3.90M USD 1 Quarter
Interest expense InterestExpense $3.66M USD 1 Quarter
Interest expense InterestExpense $3.66M USD 1 Quarter
Interest expense InterestExpense $2.36M USD 1 Quarter
Interest expense InterestExpense $2.36M USD 1 Quarter
Interest income InvestmentIncomeInterest $32.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $32.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $43.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $43.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $2.45M USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $2.45M USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $453.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $453.00K USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-5.08M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-5.08M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-3.65M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-3.65M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.23M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.23M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.55M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.55M USD 1 Quarter
Net loss ProfitLoss $-5.20M USD 1 Quarter
Net loss ProfitLoss $-5.20M USD 1 Quarter
Net loss ProfitLoss $-6.31M USD 1 Quarter
Net loss ProfitLoss $-6.31M USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $42.00K USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $42.00K USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-63.00K USD 1 Quarter
Less: Net income (loss) attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-63.00K USD 1 Quarter
Net loss attributable to Civeo Corporation NetIncomeLoss $-5.13M USD 1 Quarter
Net loss attributable to Civeo Corporation NetIncomeLoss $-5.13M USD 1 Quarter
Net loss attributable to Civeo Corporation NetIncomeLoss $-6.35M USD 1 Quarter
Net loss attributable to Civeo Corporation NetIncomeLoss $-6.35M USD 1 Quarter
Basic net loss per share attributable to Civeo Corporation common shareholders (in dollars per share) EarningsPerShareBasic $-0.42 USD 1 Quarter
Basic net loss per share attributable to Civeo Corporation common shareholders (in dollars per share) EarningsPerShareBasic $-0.42 USD 1 Quarter
Basic net loss per share attributable to Civeo Corporation common shareholders (in dollars per share) EarningsPerShareBasic $-0.35 USD 1 Quarter
Basic net loss per share attributable to Civeo Corporation common shareholders (in dollars per share) EarningsPerShareBasic $-0.35 USD 1 Quarter
Diluted net loss per share attributable to Civeo Corporation common shareholders (in dollars per share) EarningsPerShareDiluted $-0.42 USD 1 Quarter
Diluted net loss per share attributable to Civeo Corporation common shareholders (in dollars per share) EarningsPerShareDiluted $-0.42 USD 1 Quarter
Diluted net loss per share attributable to Civeo Corporation common shareholders (in dollars per share) EarningsPerShareDiluted $-0.35 USD 1 Quarter
Diluted net loss per share attributable to Civeo Corporation common shareholders (in dollars per share) EarningsPerShareDiluted $-0.35 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 14.65M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 14.65M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 15.16M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 15.16M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 15.16M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 15.16M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 14.65M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 14.65M shares 1 Quarter
Dividends per common share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.25 USD 1 Quarter
Dividends per common share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.25 USD 1 Quarter
Dividends per common share (in dollars per share) CommonStockDividendsPerShareCashPaid - USD 1 Quarter
Dividends per common share (in dollars per share) CommonStockDividendsPerShareCashPaid - USD 1 Quarter
Cash Flow Statement 122 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-5.20M USD 1 Quarter
Net loss ProfitLoss $-5.20M USD 1 Quarter
Net loss ProfitLoss $-6.31M USD 1 Quarter
Net loss ProfitLoss $-6.31M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $21.66M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $21.66M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $16.77M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $16.77M USD 1 Quarter
Impairment charges AssetImpairmentCharges $7.82M USD 1 Quarter
Impairment charges AssetImpairmentCharges $7.82M USD 1 Quarter
Impairment charges AssetImpairmentCharges - USD 1 Quarter
Impairment charges AssetImpairmentCharges - USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $1.19M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $1.19M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-2.27M USD 1 Quarter
Deferred income tax expense (benefit) DeferredIncomeTaxExpenseBenefit $-2.27M USD 1 Quarter
Non-cash compensation charge EmployeeBenefitsAndShareBasedCompensation $549.00K USD 1 Quarter
Non-cash compensation charge EmployeeBenefitsAndShareBasedCompensation $549.00K USD 1 Quarter
Non-cash compensation charge EmployeeBenefitsAndShareBasedCompensation $867.00K USD 1 Quarter
Non-cash compensation charge EmployeeBenefitsAndShareBasedCompensation $867.00K USD 1 Quarter
Gain on disposals of assets GainLossOnDispositionOfAssets1 $2.02M USD 1 Quarter
Gain on disposals of assets GainLossOnDispositionOfAssets1 $2.02M USD 1 Quarter
Gain on disposals of assets GainLossOnDispositionOfAssets1 $6.07M USD 1 Quarter
Gain on disposals of assets GainLossOnDispositionOfAssets1 $6.07M USD 1 Quarter
Provision (benefit) for credit losses, net of recoveries ProvisionForDoubtfulAccounts $4.00K USD 1 Quarter
Provision (benefit) for credit losses, net of recoveries ProvisionForDoubtfulAccounts $4.00K USD 1 Quarter
Provision (benefit) for credit losses, net of recoveries ProvisionForDoubtfulAccounts $-68.00K USD 1 Quarter
Provision (benefit) for credit losses, net of recoveries ProvisionForDoubtfulAccounts $-68.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-589.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-589.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-722.00K USD 1 Quarter
Other, net OtherNoncashIncomeExpense $-722.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-7.39M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-7.39M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $4.30M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $4.30M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $535.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $535.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $510.00K USD 1 Quarter
Inventories IncreaseDecreaseInInventories $510.00K USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-20.07M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-20.07M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-21.20M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-21.20M USD 1 Quarter
Taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $45.00K USD 1 Quarter
Taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $45.00K USD 1 Quarter
Taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $3.79M USD 1 Quarter
Taxes payable IncreaseDecreaseInAccruedIncomeTaxesPayable $3.79M USD 1 Quarter
Other current and noncurrent assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-4.18M USD 1 Quarter
Other current and noncurrent assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-4.18M USD 1 Quarter
Other current and noncurrent assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-9.31M USD 1 Quarter
Other current and noncurrent assets and liabilities, net IncreaseDecreaseInOtherOperatingCapitalNet $-9.31M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $358.00K USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $358.00K USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.99M USD 1 Quarter
Net cash flows provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.99M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $4.77M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $4.77M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $5.61M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $5.61M USD 1 Quarter
Proceeds from dispositions of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $6.78M USD 1 Quarter
Proceeds from dispositions of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $6.78M USD 1 Quarter
Proceeds from dispositions of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $2.27M USD 1 Quarter
Proceeds from dispositions of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $2.27M USD 1 Quarter
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.51M USD 1 Quarter
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.51M USD 1 Quarter
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $1.17M USD 1 Quarter
Net cash flows provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $1.17M USD 1 Quarter
Revolving credit borrowings ProceedsFromLinesOfCredit $81.07M USD 1 Quarter
Revolving credit borrowings ProceedsFromLinesOfCredit $81.07M USD 1 Quarter
Revolving credit borrowings ProceedsFromLinesOfCredit $48.05M USD 1 Quarter
Revolving credit borrowings ProceedsFromLinesOfCredit $48.05M USD 1 Quarter
Revolving credit repayments RepaymentsOfLinesOfCredit $30.32M USD 1 Quarter
Revolving credit repayments RepaymentsOfLinesOfCredit $30.32M USD 1 Quarter
Revolving credit repayments RepaymentsOfLinesOfCredit $66.48M USD 1 Quarter
Revolving credit repayments RepaymentsOfLinesOfCredit $66.48M USD 1 Quarter
Term loan repayments RepaymentsOfLongTermDebt $7.39M USD 1 Quarter
Term loan repayments RepaymentsOfLongTermDebt $7.39M USD 1 Quarter
Term loan repayments RepaymentsOfLongTermDebt - USD 1 Quarter
Term loan repayments RepaymentsOfLongTermDebt - USD 1 Quarter
Dividends paid PaymentsOfDividends $3.70M USD Point-in-time
Dividends paid PaymentsOfDividends $3.70M USD Point-in-time
Dividends paid PaymentsOfDividends $3.71M USD 1 Quarter
Dividends paid PaymentsOfDividends $3.71M USD 1 Quarter
Dividends paid PaymentsOfDividends - USD 1 Quarter
Dividends paid PaymentsOfDividends - USD 1 Quarter
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $3.77M USD 1 Quarter
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $3.77M USD 1 Quarter
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $3.21M USD 1 Quarter
Repurchases of common shares PaymentsForRepurchaseOfCommonStock $3.21M USD 1 Quarter
Taxes paid on vested shares PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.07M USD 1 Quarter
Taxes paid on vested shares PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.07M USD 1 Quarter
Taxes paid on vested shares PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 1 Quarter
Taxes paid on vested shares PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 1 Quarter
Net cash flows provided by financing activities NetCashProvidedByUsedInFinancingActivities $6.57M USD 1 Quarter
Net cash flows provided by financing activities NetCashProvidedByUsedInFinancingActivities $6.57M USD 1 Quarter
Net cash flows provided by financing activities NetCashProvidedByUsedInFinancingActivities $6.61M USD 1 Quarter
Net cash flows provided by financing activities NetCashProvidedByUsedInFinancingActivities $6.61M USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-335.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-335.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-9.00K USD 1 Quarter
Effect of exchange rate changes on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-9.00K USD 1 Quarter
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $4.41M USD 1 Quarter
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $4.41M USD 1 Quarter
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $13.43M USD 1 Quarter
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $13.43M USD 1 Quarter
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.37M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.37M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.32M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.32M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.75M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.75M 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 $7.95M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.37M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.37M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.32M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $3.32M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.75M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.75M 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 $7.95M USD Point-in-time
Stockholders Equity 46 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.70M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.70M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.04M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.04M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.18M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.18M USD Point-in-time
Net income ProfitLoss $-5.20M USD 1 Quarter
Net income ProfitLoss $-5.20M USD 1 Quarter
Net income ProfitLoss $-6.31M USD 1 Quarter
Net income ProfitLoss $-6.31M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-10.23M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-10.23M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.18M USD 1 Quarter
Currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.18M USD 1 Quarter
Dividends paid MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $133.00K USD 1 Quarter
Dividends paid MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $133.00K USD 1 Quarter
Dividends paid MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.71M USD 1 Quarter
Dividends paid MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.71M USD 1 Quarter
Common shares repurchased StockRepurchasedDuringPeriodValue $3.77M USD 1 Quarter
Common shares repurchased StockRepurchasedDuringPeriodValue $3.77M USD 1 Quarter
Common shares repurchased StockRepurchasedDuringPeriodValue $3.21M USD 1 Quarter
Common shares repurchased StockRepurchasedDuringPeriodValue $3.21M USD 1 Quarter
Excise tax on common shares repurchased StockRepurchasedDuringPeriodExciseTaxValue $64.00K USD 1 Quarter
Excise tax on common shares repurchased StockRepurchasedDuringPeriodExciseTaxValue $64.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-518.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-518.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $867.00K USD 1 Quarter
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $867.00K USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.70M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $303.70M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.04M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.04M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.18M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $292.18M USD Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 14.62M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 14.62M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 14.68M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 14.68M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 14.62M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 14.62M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 14.68M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 14.68M shares Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-5.20M USD 1 Quarter
Net loss ProfitLoss $-5.20M USD 1 Quarter
Foreign currency translation charges, taxes OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 1 Quarter
Foreign currency translation charges, taxes OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 1 Quarter
Net loss ProfitLoss $-6.31M USD 1 Quarter
Net loss ProfitLoss $-6.31M USD 1 Quarter
Foreign currency translation charges, taxes OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 1 Quarter
Foreign currency translation charges, taxes OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax - USD 1 Quarter
Foreign currency translation adjustment, net of zero taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-10.23M USD 1 Quarter
Foreign currency translation adjustment, net of zero taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-10.23M USD 1 Quarter
Foreign currency translation adjustment, net of zero taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.18M USD 1 Quarter
Foreign currency translation adjustment, net of zero taxes OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-2.18M USD 1 Quarter
Total other comprehensive loss, net of taxes OtherComprehensiveIncomeLossNetOfTax $-2.18M USD 1 Quarter
Total other comprehensive loss, net of taxes OtherComprehensiveIncomeLossNetOfTax $-2.18M USD 1 Quarter
Total other comprehensive loss, net of taxes OtherComprehensiveIncomeLossNetOfTax $-10.23M USD 1 Quarter
Total other comprehensive loss, net of taxes OtherComprehensiveIncomeLossNetOfTax $-10.23M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-8.49M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-8.49M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-15.43M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-15.43M USD 1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-132.00K USD 1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-132.00K USD 1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $40.00K USD 1 Quarter
Less: Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $40.00K USD 1 Quarter
Comprehensive loss attributable to Civeo Corporation ComprehensiveIncomeNetOfTax $-15.29M USD 1 Quarter
Comprehensive loss attributable to Civeo Corporation ComprehensiveIncomeNetOfTax $-15.29M USD 1 Quarter
Comprehensive loss attributable to Civeo Corporation ComprehensiveIncomeNetOfTax $-8.53M USD 1 Quarter
Comprehensive loss attributable to Civeo Corporation ComprehensiveIncomeNetOfTax $-8.53M USD 1 Quarter

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

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