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EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

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,
			2024						2023
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 - basic			14,655						15,158
Dilutive shares - share-based awards			—						—
Weighted average shares outstanding - diluted			14,655						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.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

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,
			2024						2023
Share-based awards			0.1						0.1

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- References

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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