EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2021

Schedule of Earnings Per Share, Basic and Diluted

The calculation of 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,
	2021		2020
Numerator:
Net loss attributable to Civeo common shareholders	$	(9,962)	$	(146,538)
Less: income allocated to participating securities	—		—
Basic net loss attributable to Civeo Corporation common shareholders	$	(9,962)	$	(146,538)
Add: undistributed income attributable to participating securities	—		—
Less: undistributed income reallocated to participating securities	—		—
Diluted net loss attributable to Civeo Corporation common shareholders	$	(9,962)	$	(146,538)

Denominator:
Weighted average shares outstanding - basic	14,211		14,043
Dilutive shares - share-based awards	—		—
Weighted average shares outstanding - diluted	14,211		14,043

Basic net loss per share attributable to Civeo Corporation common shareholders (1)	$	(0.70)	$	(10.43)

Diluted net loss per share attributable to Civeo Corporation common shareholders (1)	$	(0.70)	$	(10.43)

(1)Computations may reflect rounding adjustments.