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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
We calculate our basic earnings per share by dividing net income (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 June 30,Six Months Ended June 30,
 2024202320242023
Numerator:
Basic net income (loss) attributable to Civeo Corporation$8,227 $4,463 $3,094 $(1,890)
Diluted net income (loss) attributable to Civeo Corporation$8,227 $4,463 $3,094 $(1,890)
Denominator:
Weighted average shares outstanding - basic14,518 14,970 14,586 15,064 
Dilutive shares - share-based awards82 30 92 — 
Weighted average shares outstanding - diluted14,600 15,000 14,678 15,064 
Basic net income (loss) per share attributable to Civeo Corporation common shareholders (1)
$0.57 $0.30 $0.21 $(0.13)
Diluted net income (loss) per share attributable to Civeo Corporation common shareholders (1)
$0.56 $0.30 $0.21 $(0.13)
 
(1)Computations may reflect rounding adjustments.

Share-based awards excluded from the calculation of weighted-average common shares outstanding because the effect is anti-dilutive for the three and six months ended June 30, 2024 and June 30, 2023 totaled fewer than 0.1 million shares.