XML 14 R30.htm IDEA: XBRL DOCUMENT v3.20.1
Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
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,
 
2020
 
2019
Numerator:
 
 
 
Net loss attributable to Civeo common shareholders
$
(146,538
)
 
$
(17,498
)
Less: income allocated to participating securities
—

 
—

Basic net loss attributable to Civeo Corporation common shareholders
$
(146,538
)
 
$
(17,498
)
Add: undistributed income attributable to participating securities
—

 
—

Less: undistributed income reallocated to participating securities
—

 
—

Diluted net loss attributable to Civeo Corporation common shareholders
$
(146,538
)
 
$
(17,498
)
 
 
 
 
Denominator:
 
 
 
Weighted average shares outstanding - basic
168,519

 
165,330

Dilutive shares - share-based awards
—

 
—

Weighted average shares outstanding - diluted
168,519

 
165,330

 
 
 
 
Basic net loss per share attributable to Civeo Corporation common shareholders (1)
$
(0.87
)
 
$
(0.11
)
 
 
 
 
Diluted net loss per share attributable to Civeo Corporation common shareholders (1)
$
(0.87
)
 
$
(0.11
)
 
(1)
Computations may reflect rounding adjustments.