EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
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 - basic	14,518		14,970		14,586		15,064
Dilutive shares - share-based awards	82		30		92		—
Weighted average shares outstanding - diluted	14,600		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.