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SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Nonvested Share Activity

The following presents the changes in phantom share unit awards outstanding and related information for our employees during the years ended December 31, 2024, 2023 and 2022:

			Number of Awards
Nonvested shares at December 31, 2021			622,130
Granted			335,098
Vested			(270,382)
Forfeited			(27,558)
Nonvested shares at December 31, 2022			659,288
Granted			229,845
Vested			(335,178)
Forfeited			(33,394)
Nonvested shares at December 31, 2023			520,561
Granted			314,260
Vested			(274,838)
Forfeited			(50,222)
Nonvested shares at December 31, 2024			509,761

Schedule of Share-based Payment Award, Performance Share Awards, Valuation Assumptions

			2024						2023						2022
Risk-free weighted interest rate			4.9		%				4.4		%				1.7		%
Dividend yield			4.3		%				—		%				—		%
Expected volatility			44.0		%				73.0		%				78.0		%
Initial TSR			4.3		%				4.1		%				14.1		%

Share-based Compensation, Performance Shares Award Nonvested Activity

The following presents the changes in performance share awards outstanding and related information for our employees during the year ended December 31, 2024, 2023 and 2022: 

			Number of Awards						Weighted Average Grant Date Fair Value Per Share
Nonvested shares at December 31, 2021			216,209						$	33.97
Granted			123,385						27.69
Performance adjustment (1)			22,235						—
Vested			(107,795)						44.76
Forfeited			—						—
Nonvested shares at December 31, 2022			254,034						$	29.81
Granted			86,454						38.45
Performance adjustment (2)			—						—
Vested			—						—
Forfeited			(8,487)						32.67
Nonvested shares at December 31, 2023			332,001						$	32.37
Granted			122,978						24.17
Performance adjustment (3)			(3,833)						—
Vested			(124,099)						22.51
Forfeited			(41,599)						28.65
Nonvested shares at December 31, 2024			285,448						$	22.34

(1)Related to 2019 performance share awards that vested in 2022, which were paid out at 126% based on Civeo's TSR rank.

(2)No performance share awards vested in 2023.

(3)Related to 2021 performance share awards that vested in 2024, which were paid out at 97% based on Civeo's TSR rank.

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity

The following presents the changes in restricted share awards, restricted share units and deferred share awards outstanding and related information for our employees and non-employee directors during the years ended December 31, 2024, 2023 and 2022: 

			Number of Awards/Units						Weighted Average Grant Date Fair Value Per Share
Nonvested shares at December 31, 2021			84,857						$	21.76
Granted			40,465						25.64
Vested			(86,290)						21.83
Nonvested shares at December 31, 2022			39,032						$	25.62
Granted			50,336						21.02
Vested			(39,770)						25.53
Nonvested shares at December 31, 2023			49,598						$	21.02
Granted			42,125						24.75
Vested			(49,598)						21.02
Nonvested shares at December 31, 2024			42,125						$	24.75

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