$CVEO
Civeo Corp

2018 Q1 Form 10-Q Financial Statement

#000143774918007960 Filed on April 27, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $101.5M $91.43M
YoY Change 11.02% -3.8%
Cost Of Revenue $77.30M $59.53M
YoY Change 29.85% -3.01%
Gross Profit $23.80M $29.76M
YoY Change -20.01% 2.28%
Gross Profit Margin 23.45% 32.55%
Selling, General & Admin $16.51M $14.21M
YoY Change 16.21% 8.33%
% of Gross Profit 69.38% 47.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.76M $32.83M
YoY Change -6.29% -2.16%
% of Gross Profit 129.24% 110.32%
Operating Expenses $16.51M $109.2M
YoY Change -84.87% -9.96%
Operating Profit -$52.52M -$17.73M
YoY Change 196.16% -32.31%
Interest Expense $5.822M $5.504M
YoY Change 5.78% 11.33%
% of Operating Profit
Other Income/Expense, Net $2.259M $254.0K
YoY Change 789.37% 126.79%
Pretax Income -$56.02M -$23.81M
YoY Change 135.24% -23.78%
Income Tax -$700.0K -$2.948M
% Of Pretax Income
Net Earnings -$55.46M -$20.99M
YoY Change 164.24% -21.75%
Net Earnings / Revenue -54.64% -22.95%
Basic Earnings Per Share -$0.42 -$0.17
Diluted Earnings Per Share -$0.42 -$0.17
COMMON SHARES
Basic Shares Outstanding 131.6M shares 120.8M
Diluted Shares Outstanding 131.6M shares 120.8M

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $42.00M $27.10M
YoY Change 54.98% 803.33%
Cash & Equivalents $41.98M $27.14M
Short-Term Investments
Other Short-Term Assets $1.523M $5.950M
YoY Change -74.4% 24.37%
Inventory $4.929M $3.604M
Prepaid Expenses $11.33M $14.55M
Receivables $60.88M $54.03M
Other Receivables $0.00 $0.00
Total Short-Term Assets $129.7M $105.3M
YoY Change 23.21% 14.27%
LONG-TERM ASSETS
Property, Plant & Equipment $647.0M $782.1M
YoY Change -17.27% -17.33%
Goodwill
YoY Change
Intangibles $29.15M $27.74M
YoY Change 5.1% -21.24%
Long-Term Investments
YoY Change
Other Assets $1.088M $9.876M
YoY Change -88.98% -0.03%
Total Long-Term Assets $677.3M $819.8M
YoY Change -17.38% -17.29%
TOTAL ASSETS
Total Short-Term Assets $129.7M $105.3M
Total Long-Term Assets $677.3M $819.8M
Total Assets $807.0M $925.0M
YoY Change -12.76% -14.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.34M $21.24M
YoY Change 24.0% -25.41%
Accrued Expenses $12.42M $10.36M
YoY Change 19.83% -17.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $16.18M $15.57M
YoY Change 3.91% -2.49%
Total Short-Term Liabilities $60.51M $54.66M
YoY Change 10.69% -17.06%
LONG-TERM LIABILITIES
Long-Term Debt $302.2M $296.4M
YoY Change 1.95% -24.76%
Other Long-Term Liabilities $24.66M $28.64M
YoY Change -13.92% -12.64%
Total Long-Term Liabilities $326.9M $325.1M
YoY Change 0.55% -23.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $60.51M $54.66M
Total Long-Term Liabilities $326.9M $325.1M
Total Liabilities $387.4M $386.3M
YoY Change 0.28% -25.1%
SHAREHOLDERS EQUITY
Retained Earnings -$634.2M -$494.4M
YoY Change 28.28% 22.62%
Common Stock $1.391B $1.379B
YoY Change 0.87% 5.47%
Preferred Stock
YoY Change
Treasury Stock (at cost) $952.0K $344.0K
YoY Change 176.74%
Treasury Stock Shares $347.6K $158.5K
Shareholders Equity $419.5M $538.6M
YoY Change
Total Liabilities & Shareholders Equity $807.0M $925.0M
YoY Change -12.76% -14.61%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income -$55.46M -$20.99M
YoY Change 164.24% -21.75%
Depreciation, Depletion And Amortization $30.76M $32.83M
YoY Change -6.29% -2.16%
Cash From Operating Activities $2.838M $9.848M
YoY Change -71.18% -12.85%
INVESTING ACTIVITIES
Capital Expenditures $2.696M $3.883M
YoY Change -30.57% -18.44%
Acquisitions $23.77M
YoY Change
Other Investing Activities -$110.0K
YoY Change
Cash From Investing Activities -$23.64M -$3.305M
YoY Change 615.25% -5.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $64.85M
YoY Change -100.0%
Debt Paid & Issued, Net $4.079M $3.947M
YoY Change 3.34% -86.42%
Cash From Financing Activities $30.97M 18.89M
YoY Change 63.98% -244.16%
NET CHANGE
Cash From Operating Activities $2.838M 9.848M
Cash From Investing Activities -$23.64M -3.305M
Cash From Financing Activities $30.97M 18.89M
Net Change In Cash $9.330M 25.43M
YoY Change -63.31% -579.77%
FREE CASH FLOW
Cash From Operating Activities $2.838M $9.848M
Capital Expenditures $2.696M $3.883M
Free Cash Flow $142.0K $5.965M
YoY Change -97.62% -8.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q1 cveo Interest Coverage Ratio
InterestCoverageRatio
3
CY2018Q1 cveo Leverage Ratio
LeverageRatio
4.5
CY2018Q1 cveo Stock Issued As Consideration For Asset Acquisition
StockIssuedAsConsiderationForAssetAcquisition
4500000
CY2017Q1 cveo Stock Issued As Consideration For Asset Acquisition
StockIssuedAsConsiderationForAssetAcquisition
CY2018Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
26337000
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
27812000
CY2018Q1 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
62201000
CY2017Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
68161000
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
60882000
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
66823000
CY2018Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
2358000
CY2017Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
1224000
CY2018Q1 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
333000
CY2017Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1728000
CY2018Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
12418000
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
22208000
CY2018Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1137889000
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1108957000
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
7800000
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-328213000
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-336034000
CY2018Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1390634000
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1383934000
CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1588000
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1606000
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
100000
CY2017Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
100000
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1319000
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
1338000
CY2018Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
28661000
CY2017Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
CY2017Q1 us-gaap Assets
Assets
925026000
CY2017Q4 us-gaap Assets
Assets
853912000
CY2018Q1 us-gaap Assets Current
AssetsCurrent
129703000
CY2017Q4 us-gaap Assets Current
AssetsCurrent
132212000
CY2018Q1 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
9059000
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
9462000
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
41977000
CY2018Q1 us-gaap Assets
Assets
806971000
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32647000
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1785000
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27136000
CY2018Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
9330000
CY2017Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
25351000
CY2018Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q1 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2017Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
550000000
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
550000000
CY2018Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
135257269
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
132427885
CY2018Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
134909700
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
132262434
CY2018Q1 us-gaap Common Stock Value
CommonStockValue
0
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
0
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-63278000
CY2017Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3300000
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
122000
CY2017Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
469000
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-63156000
CY2017Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2831000
CY2018Q1 us-gaap Costs And Expenses
CostsAndExpenses
154019000
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
5442000
CY2017Q1 us-gaap Costs And Expenses
CostsAndExpenses
109161000
CY2017Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30764000
CY2017Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32829000
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
394000
CY2018Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
320845000
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
297623000
CY2018Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2455000
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3037000
CY2018Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2000
CY2017Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3120000
CY2018Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
3490000
CY2018Q1 us-gaap Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
44000
CY2018Q1 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
9059000
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Current
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentCurrent
9418000
CY2017Q1 us-gaap Dividends
Dividends
868000
CY2018Q1 us-gaap Dividends
Dividends
119000
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.42
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.17
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.42
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.17
CY2018Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-837000
CY2017Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-77000
CY2018Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.012
CY2017Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.124
CY2018Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
2200000
CY2017Q1 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1867000
CY2018Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
9423000
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
20424000
CY2018Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
0
CY2018Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2147000
CY2017Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
416000
CY2018Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
CY2017Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-842000
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-56020000
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-23814000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-685000
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2948000
CY2018Q1 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
1000000
CY2017Q1 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
600000
CY2018Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-10352000
CY2017Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4521000
CY2018Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4837000
CY2017Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3258000
CY2018Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-1358000
CY2017Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
320000
CY2018Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2190000
CY2017Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
440000
CY2018Q1 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
-1364000
CY2017Q1 us-gaap Increase Decrease In Other Current Assets And Liabilities Net
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
640000
CY2018Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
29152000
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
22753000
CY2017Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
0
CY2018Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
0
CY2018Q1 us-gaap Interest Expense
InterestExpense
5822000
CY2017Q1 us-gaap Interest Expense
InterestExpense
5504000
CY2018Q1 us-gaap Interest Payable Current
InterestPayableCurrent
385000
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
15000
CY2018Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2186000
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2211000
CY2018Q1 us-gaap Inventory Net
InventoryNet
4929000
CY2017Q4 us-gaap Inventory Net
InventoryNet
7246000
CY2018Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1047000
CY2017Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
939000
CY2018Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1696000
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4096000
CY2018Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
58000
CY2017Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
10000
CY2018Q1 us-gaap Liabilities
Liabilities
387379000
CY2017Q4 us-gaap Liabilities
Liabilities
377545000
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
806971000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
853912000
CY2018Q1 us-gaap Liabilities Current
LiabilitiesCurrent
60508000
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
75629000
CY2018Q1 us-gaap Long Term Debt
LongTermDebt
318390000
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
294586000
CY2018Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
16175000
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
16596000
CY2018Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
302215000
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
277990000
CY2018Q1 us-gaap Minority Interest
MinorityInterest
120000
CY2017Q4 us-gaap Minority Interest
MinorityInterest
117000
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30968000
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18885000
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23639000
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3305000
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2838000
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9848000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-55457000
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
-20987000
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
122000
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
121000
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-55457000
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-20987000
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-55457000
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-20987000
CY2018Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-52515000
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-17732000
CY2018Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
252000
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
545000
CY2018Q1 us-gaap Other Assets Current
OtherAssetsCurrent
1523000
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1553000
CY2018Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1088000
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5114000
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7821000
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
18035000
CY2018Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2017Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7821000
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
18035000
CY2018Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1755000
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1843000
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
24656000
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
23926000
CY2018Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2047000
CY2017Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-795000
CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2259000
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
254000
CY2018Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-379000
CY2017Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-450000
CY2018Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-110000
CY2017Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
CY2018Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
CY2017Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1772000
CY2018Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
23771000
CY2017Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2696000
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3883000
CY2018Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11333000
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
14481000
CY2018Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
64847000
CY2018Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
47166000
CY2017Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
34904000
CY2018Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-594000
CY2017Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-279000
CY2018Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2718000
CY2017Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
578000
CY2018Q1 us-gaap Profit Loss
ProfitLoss
-55335000
CY2017Q1 us-gaap Profit Loss
ProfitLoss
-20866000
CY2018Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1784917000
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1802790000
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
647028000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
693833000
CY2018Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-35000
CY2017Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-60000
CY2018Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
11525000
CY2017Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
74868000
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4079000
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3947000
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-634176000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-579113000
CY2018Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
101504000
CY2017Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
91429000
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
86325000
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
76789000
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
45861000
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1913000
CY2018Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
210888000
CY2018Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16887000
CY2017Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14210000
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
14000000
CY2018Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
4500000
CY2017Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
64847000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
419472000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
476250000
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
419592000
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
476367000
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
475990000
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
538726000
CY2018Q1 us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTax
100000000
CY2018Q1 us-gaap Translation Adjustment Functional To Reporting Currency Net Of Tax
TranslationAdjustmentFunctionalToReportingCurrencyNetOfTax
400000000
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
347569
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
165451
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
952000
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
358000
CY2018Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
CY2017Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
CY2018Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
CY2017Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
CY2018Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131631000
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
120846000
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
131631000
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120846000

Files In Submission

Name View Source Status
0001437749-18-007960-index-headers.html Edgar Link pending
0001437749-18-007960-index.html Edgar Link pending
0001437749-18-007960.txt Edgar Link pending
0001437749-18-007960-xbrl.zip Edgar Link pending
cveo-20180331.xml Edgar Link completed
cveo-20180331.xsd Edgar Link pending
cveo-20180331_cal.xml Edgar Link unprocessable
cveo-20180331_def.xml Edgar Link unprocessable
cveo-20180331_lab.xml Edgar Link unprocessable
cveo-20180331_pre.xml Edgar Link unprocessable
cveo20180331_10q.htm Edgar Link pending
ex_110892.htm Edgar Link pending
ex_110893.htm Edgar Link pending
ex_110894.htm Edgar Link pending
ex_110895.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx 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
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.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