$CVEO
Civeo Corp

2016 Q2 Form 10-Q Financial Statement

#000143774916035939 Filed on July 29, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q4 2015 Q2
Revenue $107.0M $97.29M $143.1M
YoY Change -25.23% -55.72% -36.98%
Cost Of Revenue $58.60M $65.50M $77.01M
YoY Change -23.91% -50.0% -42.23%
Gross Profit $42.45M $31.76M $53.72M
YoY Change -20.99% -64.19% -42.74%
Gross Profit Margin 39.66% 32.64% 37.53%
Selling, General & Admin $15.30M $16.60M $18.42M
YoY Change -16.96% -13.99% -15.12%
% of Gross Profit 36.03% 52.27% 34.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.17M $31.80M $42.54M
YoY Change -22.03% -32.63% 0.33%
% of Gross Profit 78.14% 100.13% 79.19%
Operating Expenses $113.0M $44.70M $157.3M
YoY Change -28.12% -33.18% 145.37%
Operating Profit -$6.014M -$12.94M -$14.14M
YoY Change -57.46% -159.4% -147.55%
Interest Expense $5.925M -$4.600M $6.248M
YoY Change -5.17% -6.12% -252.39%
% of Operating Profit
Other Income/Expense, Net -$392.0K $1.500M $566.0K
YoY Change -169.26% -76.92% -19.14%
Pretax Income -$12.30M -$16.10M -$19.13M
YoY Change -35.69% -93.72% -303.53%
Income Tax -$949.0K -$5.600M -$5.863M
% Of Pretax Income
Net Earnings -$11.49M -$10.60M -$13.46M
YoY Change -14.67% -96.1% -196.5%
Net Earnings / Revenue -10.73% -10.89% -9.4%
Basic Earnings Per Share -$0.11 -$0.10 -$0.13
Diluted Earnings Per Share -$0.11 -$0.10 -$0.13
COMMON SHARES
Basic Shares Outstanding 107.0M 106.6M
Diluted Shares Outstanding 107.0M 106.6M

Balance Sheet

Concept 2016 Q2 2015 Q4 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.300M $7.800M $315.2M
YoY Change -99.27% -97.04% 10.4%
Cash & Equivalents $2.255M $7.837M $315.2M
Short-Term Investments
Other Short-Term Assets $4.239M $3.312M $45.60M
YoY Change -90.7% -48.98% 53.02%
Inventory $4.931M $5.631M $6.200M
Prepaid Expenses $17.90M $11.71M
Receivables $72.40M $61.47M $111.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $101.7M $89.96M $478.1M
YoY Change -78.72% -80.61% -9.42%
LONG-TERM ASSETS
Property, Plant & Equipment $906.3M $931.9M $1.106B
YoY Change -18.02% -25.35% -21.85%
Goodwill
YoY Change
Intangibles $32.36M $35.31M
YoY Change -30.61%
Long-Term Investments
YoY Change
Other Assets $11.12M $9.347M $24.60M
YoY Change -54.8% -54.7% -25.9%
Total Long-Term Assets $949.8M $980.0M $1.219B
YoY Change -22.06% -28.1% -26.6%
TOTAL ASSETS
Total Short-Term Assets $101.7M $89.96M $478.1M
Total Long-Term Assets $949.8M $980.0M $1.219B
Total Assets $1.052B $1.067B $1.697B
YoY Change -38.03% -41.69% -22.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.24M $24.61M $25.00M
YoY Change 32.94% -32.16% -58.68%
Accrued Expenses $12.48M $14.83M $14.00M
YoY Change -10.89% -34.11% -44.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $15.93M $17.46M $38.80M
YoY Change -58.93% -9.88%
Total Short-Term Liabilities $76.04M $66.25M $114.4M
YoY Change -33.53% -44.07% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $375.2M $379.4M $736.3M
YoY Change -49.04% -49.79% -4.99%
Other Long-Term Liabilities $32.38M $31.70M $37.80M
YoY Change -14.35% -19.71% 29.45%
Total Long-Term Liabilities $407.6M $411.1M $774.1M
YoY Change -47.35% -48.29% -3.74%
TOTAL LIABILITIES
Total Short-Term Liabilities $76.04M $66.25M $114.4M
Total Long-Term Liabilities $407.6M $411.1M $774.1M
Total Liabilities $505.9M $502.8M $942.1M
YoY Change -46.3% -48.12% -5.65%
SHAREHOLDERS EQUITY
Retained Earnings -$414.7M -$376.4M
YoY Change 53.86%
Common Stock $1.309B $1.306B
YoY Change 0.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares $0.00
Shareholders Equity $544.8M $563.2M $754.6M
YoY Change
Total Liabilities & Shareholders Equity $1.052B $1.067B $1.697B
YoY Change -38.02% -41.69% -26.66%

Cashflow Statement

Concept 2016 Q2 2015 Q4 2015 Q2
OPERATING ACTIVITIES
Net Income -$11.49M -$10.60M -$13.46M
YoY Change -14.67% -96.1% -196.5%
Depreciation, Depletion And Amortization $33.17M $31.80M $42.54M
YoY Change -22.03% -32.63% 0.33%
Cash From Operating Activities $23.90M $11.40M $45.40M
YoY Change -47.36% -86.23% -29.06%
INVESTING ACTIVITIES
Capital Expenditures $5.133M -$18.80M $13.40M
YoY Change -61.69% -56.18% -117.14%
Acquisitions
YoY Change
Other Investing Activities -$700.0K $10.40M $700.0K
YoY Change -200.0% -0.95% 75.0%
Cash From Investing Activities -$5.800M -$8.400M -$12.70M
YoY Change -54.33% -74.07% -83.68%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -17.30M -2.500M 0.000
YoY Change -81.75% -100.0%
NET CHANGE
Cash From Operating Activities 23.90M 11.40M 45.40M
Cash From Investing Activities -5.800M -8.400M -12.70M
Cash From Financing Activities -17.30M -2.500M 0.000
Net Change In Cash 800.0K 500.0K 32.70M
YoY Change -97.55% -98.64% 223.76%
FREE CASH FLOW
Cash From Operating Activities $23.90M $11.40M $45.40M
Capital Expenditures $5.133M -$18.80M $13.40M
Free Cash Flow $18.77M $30.20M $32.00M
YoY Change -41.35% -75.97% -77.5%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q2 cveo Carrying Amount Of Total Debt Net Of Unamtorized Debt Issuance Costs
CarryingAmountOfTotalDebtNetOfUnamtorizedDebtIssuanceCosts
391117000
CY2015Q4 cveo Carrying Amount Of Total Debt Net Of Unamtorized Debt Issuance Costs
CarryingAmountOfTotalDebtNetOfUnamtorizedDebtIssuanceCosts
396877000
CY2016Q1 cveo Interest Coverage Ratio
InterestCoverageRatio
3
cveo Leverage Ratio
LeverageRatio
5.25
CY2014Q2 cveo Number Of Companies Separated In Spin Off
NumberOfCompaniesSeparatedInSpinOff
2
CY2015Q4 cveo Number Of Lenders
NumberOfLenders
15
CY2016Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
33236000
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
24609000
CY2016Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
73401000
CY2015Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
62588000
CY2016Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
72404000
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
61467000
CY2016Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
1704000
CY2015Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
963000
CY2016Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
44000
CY2015Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1104000
CY2016Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
829935000
CY2016Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12475000
CY2015Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
14834000
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-349437000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-23970000
CY2016Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1309007000
CY2015Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1305930000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2684000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3012000
CY2016Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2015Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
100000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
100000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
200000
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
734177000
CY2016Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
16900000
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-366309000
CY2016Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
997000
CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1121000
CY2016Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
CY2015Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
9473000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
8400000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
12211000
CY2016Q2 us-gaap Assets
Assets
1051530000
CY2015Q2 us-gaap Assets
Assets
1696724000
CY2015Q4 us-gaap Assets
Assets
1066529000
CY2016Q2 us-gaap Assets Current
AssetsCurrent
101729000
CY2015Q4 us-gaap Assets Current
AssetsCurrent
89959000
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2255000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7837000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
263314000
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
315169000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5582000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
51855000
CY2016Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
550000000
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
550000000
CY2016Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
108152637
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
107470861
CY2016Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
108084356
CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
107470861
CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4780000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-21436000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-106074000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
129000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
252000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
320000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
312000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-23841000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5032000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-21116000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-105762000
CY2016Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
5987000
CY2015Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
12414000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
10553000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
15486000
CY2016Q2 us-gaap Cost Of Services
CostOfServices
58599000
CY2015Q2 us-gaap Cost Of Services
CostOfServices
77010000
us-gaap Cost Of Services
CostOfServices
119976000
us-gaap Cost Of Services
CostOfServices
176849000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-8026000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-7469000
CY2016Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
14053000
CY2015Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
7747000
CY2016Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
22270000
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
25391000
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
33168000
CY2015Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42541000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
66723000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
84987000
us-gaap Dividends
Dividends
-1690000
CY2016Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
396025000
CY2015Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
401560000
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.36
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.36
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1016000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-20677000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.127
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.265
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
642000
CY2016Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-377000
CY2016Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.077
CY2015Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.306
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
3077000
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2331000
CY2016Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8743000
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
11726000
CY2016Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
200000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y109D
CY2015Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-302000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
CY2016Q2 us-gaap Goodwill
Goodwill
CY2015Q4 us-gaap Goodwill
Goodwill
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12303000
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-19132000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-43548000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-17745000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5520000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4706000
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-949000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5863000
CY2015 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
2700000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4670000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14561000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6140000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-38761000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-565000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-7324000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-979000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-5352000
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-1189000
us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
8223000
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
32359000
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
35309000
CY2016Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0
CY2015Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
0
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
700000
CY2016Q2 us-gaap Interest Expense
InterestExpense
5925000
CY2015Q2 us-gaap Interest Expense
InterestExpense
6248000
us-gaap Interest Expense
InterestExpense
10869000
us-gaap Interest Expense
InterestExpense
11857000
CY2016Q2 us-gaap Interest Payable Current
InterestPayableCurrent
36000
CY2015Q4 us-gaap Interest Payable Current
InterestPayableCurrent
12000
CY2016Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2009000
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1854000
CY2016Q2 us-gaap Inventory Net
InventoryNet
4931000
CY2015Q4 us-gaap Inventory Net
InventoryNet
5631000
CY2016Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2451000
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
2517000
CY2016Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
471000
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1260000
us-gaap Inventory Write Down
InventoryWriteDown
us-gaap Inventory Write Down
InventoryWriteDown
1015000
CY2016Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
28000
CY2015Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
687000
us-gaap Investment Income Interest
InvestmentIncomeInterest
114000
us-gaap Investment Income Interest
InvestmentIncomeInterest
1809000
CY2016Q2 us-gaap Liabilities
Liabilities
505864000
CY2015Q4 us-gaap Liabilities
Liabilities
502759000
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1051530000
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1066529000
CY2016Q2 us-gaap Liabilities Current
LiabilitiesCurrent
76036000
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
66248000
CY2016Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
15934000
CY2015Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
17461000
CY2016Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
375183000
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
379416000
CY2016Q2 us-gaap Minority Interest
MinorityInterest
845000
CY2015Q4 us-gaap Minority Interest
MinorityInterest
525000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-30364000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
500000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-9330000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-22258000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
35128000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
94290000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-11486000
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-13461000
us-gaap Net Income Loss
NetIncomeLoss
-38308000
us-gaap Net Income Loss
NetIncomeLoss
-13477000
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
132000
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
192000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
280000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
438000
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11486000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-38308000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13477000
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13461000
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-400000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
157284000
us-gaap Operating Expenses
OperatingExpenses
234282000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1900000
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-11486000
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-13461000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-38308000
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-13477000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
113049000
us-gaap Operating Expenses
OperatingExpenses
323395000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-6014000
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-14137000
us-gaap Operating Income Loss
OperatingIncomeLoss
-32211000
us-gaap Operating Income Loss
OperatingIncomeLoss
-9261000
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1992000
CY2015Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2133000
CY2016Q2 us-gaap Other Assets Current
OtherAssetsCurrent
4239000
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
3312000
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
11120000
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
9347000
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12487000
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
18301000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
16912000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-92723000
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-12487000
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
18301000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
16912000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-92723000
CY2016Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
294000
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
493000
CY2016Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32375000
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
31704000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2282000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
164000
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-392000
CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
566000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-280000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1564000
CY2016Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
CY2015Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2573000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-218000
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
1243000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1542000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2022000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
CY2016Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5133000
CY2015Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13400000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9893000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24102000
CY2016Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
17900000
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11712000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
500000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
168431000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2105000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1844000
CY2016Q2 us-gaap Profit Loss
ProfitLoss
-11354000
CY2015Q2 us-gaap Profit Loss
ProfitLoss
-13269000
us-gaap Profit Loss
ProfitLoss
-38028000
us-gaap Profit Loss
ProfitLoss
-13039000
CY2016Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1736257000
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1666091000
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
906322000
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
931914000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-112000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1055000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
163676000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
33097000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-414684000
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-376376000
CY2016Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
6287000
CY2015Q2 us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
14296000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
9556000
us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
17151000
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
107035000
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
143147000
us-gaap Sales Revenue Net
SalesRevenueNet
202071000
us-gaap Sales Revenue Net
SalesRevenueNet
314134000
CY2016Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
100748000
CY2015Q2 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
128851000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
192515000
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
296983000
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
15295000
CY2015Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
18419000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
28412000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
35105000
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
14000000
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
544821000
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
563245000
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
545666000
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
563770000
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
860109000
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
755341000
CY2016Q2 us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTax
200000000
CY2016Q2 us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTax
500000000
CY2015Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
4683000
CY2016Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
4908000
CY2016Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
CY2015Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
CY2016Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
CY2015Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2015Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
107033000
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106626000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106923000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106543000
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107033000
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106626000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106923000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
106543000

Files In Submission

Name View Source Status
0001437749-16-035939-index-headers.html Edgar Link pending
0001437749-16-035939-index.html Edgar Link pending
0001437749-16-035939.txt Edgar Link pending
0001437749-16-035939-xbrl.zip Edgar Link pending
cveo-20160630.xml Edgar Link completed
cveo-20160630.xsd Edgar Link pending
cveo-20160630_cal.xml Edgar Link unprocessable
cveo-20160630_def.xml Edgar Link unprocessable
cveo-20160630_lab.xml Edgar Link unprocessable
cveo-20160630_pre.xml Edgar Link unprocessable
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
oisasc20160630_10q.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending