XML 66 R45.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

DEBT - Credit Agreement (Details) $ in Millions, $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2024 USD ($) lender | Mar. 31, 2024 CAD ($) lender | Mar. 31, 2024 AUD ($) lender
Line of Credit Facility [Line Items] |  |  |
Interest coverage ratio | 3.00 |  |
Line of credit | Secured Overnight Financing Rate (SOFR) | Minimum | United States of America, Dollars |  |  |
Line of Credit Facility [Line Items] |  |  |
Debt instrument, basis spread on variable rate | 3.00% |  |
Line of credit | Secured Overnight Financing Rate (SOFR) | Maximum | United States of America, Dollars |  |  |
Line of Credit Facility [Line Items] |  |  |
Debt instrument, basis spread on variable rate | 4.00% |  |
Line of credit | Base rate | Minimum | Canada, Dollars |  |  |
Line of Credit Facility [Line Items] |  |  |
Debt instrument, basis spread on variable rate | 2.00% |  |
Line of credit | Base rate | Maximum | Canada, Dollars |  |  |
Line of Credit Facility [Line Items] |  |  |
Debt instrument, basis spread on variable rate | 3.00% |  |
Line of credit | Canadian Dealer Offered Rate (CDOR) | Minimum | Canada, Dollars |  |  |
Line of Credit Facility [Line Items] |  |  |
Debt instrument, basis spread on variable rate | 3.00% |  |
Line of credit | Canadian Dealer Offered Rate (CDOR) | Maximum | Canada, Dollars |  |  |
Line of Credit Facility [Line Items] |  |  |
Debt instrument, basis spread on variable rate | 4.00% |  |
Line of credit | Bank Bill Swap Bid Rate (BBSY) | Minimum | Australia, Dollars |  |  |
Line of Credit Facility [Line Items] |  |  |
Debt instrument, basis spread on variable rate | 3.00% |  |
Line of credit | Bank Bill Swap Bid Rate (BBSY) | Maximum | Australia, Dollars |  |  |
Line of Credit Facility [Line Items] |  |  |
Debt instrument, basis spread on variable rate | 4.00% |  |
Syndicated Facility Agreement | US term loan |  |  |
Line of Credit Facility [Line Items] |  |  |
Term loan, face amount |  | $ 100.0 |
Third Amendment to the Credit Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Leverage ratio | 3.00 |  |
Third Amendment to the Credit Agreement | Minimum |  |  |
Line of Credit Facility [Line Items] |  |  |
Leverage ratio | 2.00 |  |
Third Amendment to the Credit Agreement | Maximum |  |  |
Line of Credit Facility [Line Items] |  |  |
Leverage ratio | 3.50 |  |
Credit facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Number of lenders | lender | 7 | 7 | 7
Credit facility | Minimum |  |  |
Line of Credit Facility [Line Items] |  |  |
Lender commitments, within credit agreement | $ 13,000,000 |  |
Credit facility | Maximum |  |  |
Line of Credit Facility [Line Items] |  |  |
Lender commitments, within credit agreement | 60,600,000 |  |
Revolving credit facility | Syndicated Facility Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Revolving credit facility, maximum borrowing capacity | 200,000,000 |  |
Revolving credit facility, U.S. subsidiaries | Syndicated Facility Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Revolving credit facility, maximum borrowing capacity | 10,000,000 |  |
Revolving credit facility, U.S. subsidiaries | Credit facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Outstanding letters of credit | 300,000 |  |
Revolving credit facility, Canadian subsidiaries | Syndicated Facility Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Revolving credit facility, maximum borrowing capacity | 155,000,000 |  |
Revolving credit facility, Canadian subsidiaries | Credit facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Outstanding letters of credit | 1,100,000 |  |
Revolving credit facility, Australian subsidiaries | Syndicated Facility Agreement |  |  |
Line of Credit Facility [Line Items] |  |  |
Revolving credit facility, maximum borrowing capacity | 35,000,000 |  |
Revolving credit facility, Australian subsidiaries | Credit facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Outstanding letters of credit | $ 0 |  |
Bank Guarantee Facility |  |  |
Line of Credit Facility [Line Items] |  |  |
Long-term debt |  |  | $ 0.8

X
- Definition Interest Coverage Ratio + References No definition available. + Details
Name: | cveo_InterestCoverageRatio
Namespace Prefix: | cveo_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of lender commitments within the credit agreement. + References No definition available. + Details
Name: | cveo_LenderCommitmentsWithinCreditAgreement
Namespace Prefix: | cveo_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The maximum ratio of total debt to consolidated EBITDA. + References No definition available. + Details
Name: | cveo_LeverageRatio
Namespace Prefix: | cveo_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of lenders within the Credit Agreement. + References No definition available. + Details
Name: | cveo_NumberOfLenders
Namespace Prefix: | cveo_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482900/835-30-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(f)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1D -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1D Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (b)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-4 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=cveo_SecuredOvernightFinancingRateSOFRMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_USD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_CAD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=cveo_CanadianDealerOfferedRateCDORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=cveo_BankBillSwapBidRateBBSYMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CurrencyAxis=currency_AUD
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cveo_SyndicatedFacilityAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=cveo_USTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cveo_ThirdAmendmentToTheCreditAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=cveo_AmendedCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=cveo_RevolvingCreditFacilityUSSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=cveo_RevolvingCreditFacilityCanadianSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=cveo_RevolvingCreditFacilityAustralianSubsidiariesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=cveo_BankGuaranteeFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |