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EARNINGS PER SHARE
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
We calculate our basic earnings per share by dividing net loss attributable to Civeo Corporation by the weighted average number of common shares outstanding. For diluted earnings per share, the basic shares outstanding are adjusted by adding all potentially dilutive securities.

The calculation of basic and diluted earnings per share attributable to Civeo common shareholders is presented below for the periods indicated (in thousands, except per share amounts):
Three Months Ended March 31,
 20242023
Numerator:
Basic net loss attributable to Civeo Corporation$(5,133)$(6,353)
Diluted net loss attributable to Civeo Corporation$(5,133)$(6,353)
Denominator:
Weighted average shares outstanding - basic14,655 15,158 
Dilutive shares - share-based awards— — 
Weighted average shares outstanding - diluted14,655 15,158 
Basic net loss per share attributable to Civeo Corporation common shareholders (1)
$(0.35)$(0.42)
Diluted net loss per share attributable to Civeo Corporation common shareholders (1)
$(0.35)$(0.42)
 
(1)Computations may reflect rounding adjustments.

The following common share equivalents have been excluded from the calculation of weighted-average common shares outstanding because the effect is anti-dilutive for the periods presented (in millions of shares):

Three Months Ended March 31,
 20242023
Share-based awards0.1 0.1