Civeo corp (CVEO)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13
Assets [Abstract]
Current assets:
Cash and cash equivalents

5,558

3,331

8,072

13,459

7,992

12,372

4,540

4,786

41,977

32,647

54,002

27,326

27,136

1,785

2,530

2,255

2,968

7,837

12,635

315,169

279,797

263,314

241,814

285,494

264,751

224,128

Accounts Receivable, Net, Current

91,874

99,493

106,792

90,763

73,513

70,223

85,238

75,789

60,882

66,823

63,113

60,122

54,034

56,302

68,478

72,404

63,315

61,467

63,681

111,113

128,246

160,253

203,331

191,901

182,210

177,845

Inventory, Net

6,050

5,877

6,823

4,421

4,276

4,313

6,543

4,720

4,929

7,246

4,857

3,900

3,604

3,112

3,564

4,931

5,163

5,631

5,607

6,246

9,836

13,228

14,896

20,614

22,743

29,815

Prepaid expenses

4,996

7,247

8,478

9,535

5,565

7,036

15,693

15,998

11,333

14,481

10,281

17,780

14,545

15,431

9,487

17,900

15,895

11,712

20,404

-

-

20,670

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30,593

30,346

-

29,313

29,817

11,985

7,956

Other current assets

11,378

7,904

5,898

4,156

3,702

3,556

13,910

16,383

1,523

1,553

5,948

6,111

5,950

1,519

6,334

4,239

4,784

3,312

7,200

6,489

-

6,491

-

-

-

-

Assets held for sale

6,332

7,589

8,132

8,228

8,058

10,297

12,318

12,519

9,059

9,462

-

-

-

4,419

-

-

-

-

8,923

8,498

8,656

-

-

-

-

-

Total current assets

126,188

131,441

144,195

130,562

103,106

107,797

138,242

130,195

129,703

132,212

138,201

115,239

105,269

82,568

90,393

101,729

92,125

89,959

118,450

478,108

456,881

463,956

489,354

527,826

481,689

439,744

Property, Plant and Equipment, Net

465,087

590,309

599,950

636,038

650,919

658,905

708,455

734,242

647,028

693,833

756,138

766,258

782,143

789,710

844,801

906,322

946,056

931,914

950,642

1,105,508

1,128,162

1,248,430

1,364,918

1,414,551

1,350,869

1,325,867

Goodwill

6,909

110,173

128,077

121,674

119,158

114,207

119,444

117,307

-

0

-

-

-

-

-

0

0

-

-

44,984

44,555

45,260

255,283

271,882

267,458

261,056

Other intangible assets, net

98,944

111,837

111,888

108,962

111,542

119,409

130,497

133,964

29,152

22,753

24,700

26,056

27,738

28,039

31,503

32,359

35,219

35,309

35,756

43,540

45,068

50,882

59,589

66,156

76,587

75,675

Operating lease right-of-use assets

21,558

24,876

25,034

22,446

22,225

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noncurrent assets

837

1,276

1,679

723

1,048

1,359

1,998

2,240

1,088

5,114

10,711

9,035

9,876

10,129

11,354

11,120

9,879

9,347

12,953

24,584

20,133

20,633

18,975

33,214

20,242

20,895

Total assets

719,523

969,912

1,010,823

1,020,405

1,007,998

1,001,677

1,098,636

1,117,948

806,971

853,912

929,750

916,588

925,026

910,446

978,051

1,051,530

1,083,279

1,066,529

1,117,801

1,696,724

1,694,799

1,829,161

2,188,119

2,313,629

2,196,845

2,123,237

Liabilities [Abstract]
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Accounts payable

43,258

36,971

35,266

30,796

30,053

28,334

32,787

29,797

26,337

27,812

23,893

20,393

21,239

20,675

27,755

33,236

28,476

24,609

30,553

24,997

27,748

36,277

50,272

60,548

54,814

45,376

Accrued Liabilities, Current

16,163

21,755

19,355

14,691

13,371

15,956

20,057

17,265

12,418

22,208

19,429

11,713

10,363

14,822

16,161

12,475

12,568

14,834

17,042

15,857

16,393

22,512

22,884

27,391

25,564

26,874

Income taxes

448

328

910

562

572

310

513

1,568

333

1,728

407

35

491

111

56

44

1,102

1,104

4

16

-

61

24

24

1,280

2,761

Current portion of long-term debt

32,142

35,080

34,372

34,833

34,068

33,329

28,146

27,643

16,175

16,596

16,671

16,006

15,566

15,471

15,819

15,934

15,964

17,461

18,205

38,750

29,063

19,375

9,687

-

-

0

Deferred revenue

8,250

7,165

4,442

2,621

3,598

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

3,035

4,415

3,123

3,490

5,442

4,016

2,702

5,053

6,792

10,265

14,053

7,124

7,747

9,872

13,083

12,241

18,539

24,150

24,026

20,682

19,571

Other current liabilities

5,785

8,741

9,098

9,003

9,407

5,719

4,406

4,520

1,755

1,843

1,625

1,900

1,952

2,572

212

294

671

493

8,243

21,659

21,657

21,677

2,389

2,408

4,934

2,470

Total current liabilities

106,046

110,040

103,443

92,506

91,069

86,683

90,324

83,916

60,508

75,629

66,041

52,749

54,664

60,443

70,268

76,036

65,905

66,248

83,919

114,362

107,102

118,441

109,406

114,397

107,274

97,052

Long-term debt to affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

322,515

335,171

Long-term debt, less current maturities

280,939

321,792

356,704

368,247

346,841

342,908

392,161

399,520

302,215

277,990

307,522

300,180

296,438

337,800

358,045

375,183

393,998

379,416

397,879

736,250

745,937

755,625

765,313

775,000

-

335,171

Deferred income taxes

0

9,452

6,085

10,941

13,838

18,442

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

18,527

21,231

20,992

17,866

18,529

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

22,875

29,003

-

-

0

2,404

6,556

9,194

2,582

22,270

23,031

25,391

32,572

52,993

53,379

55,500

63,753

78,016

81,316

79,739

Other noncurrent liabilities

17,066

16,592

18,081

20,799

16,404

18,220

30,035

30,044

24,656

23,926

30,358

29,188

28,642

27,019

32,402

32,375

32,787

31,704

33,830

37,778

37,458

39,486

25,248

29,159

20,515

18,530

Total liabilities

422,578

479,107

505,305

510,359

486,681

466,253

535,395

542,483

387,379

377,545

403,921

384,521

386,300

434,456

463,297

505,864

515,721

502,759

548,200

941,383

943,876

969,052

963,720

996,572

531,620

530,492

Commitments and contingencies (Note 12)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

-

-

-

0

0

0

-

0

-

-

-

-

Shareholders’ Equity:
Preferred shares (Class A Series 1, no par value; 50,000,000 shares authorized, 9,042 shares issued and outstanding, respectively; aggregate liquidation preference of $94,096 and $93,627 as of March 31, 2020 and December 31, 2019)

58,597

58,129

57,664

57,200

56,739

56,280

55,791

55,305

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common shares (no par value; 550,000,000 shares authorized, 173,712,510 shares and 171,656,039 shares issued, respectively, and 170,592,246 shares and 169,556,403 shares outstanding, respectively)

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

1,075

1,074

-

1,067

1,067

-

-

Additional paid-in capital

1,574,457

1,572,249

1,569,734

1,567,162

1,564,667

1,562,133

1,558,901

1,555,994

1,390,634

1,383,934

1,382,160

1,380,429

1,378,576

1,311,226

1,310,465

1,309,007

1,307,045

1,305,930

1,304,928

1,302,864

1,301,761

1,300,042

1,312,823

1,311,395

-

-

Accumulated deficit

-918,128

-771,590

-739,526

-744,058

-728,748

-710,551

-696,747

-682,497

-634,176

-579,113

-531,534

-509,203

-494,387

-472,764

-456,815

-414,684

-403,198

-376,376

-365,779

-258,094

-244,633

-244,617

27,017

8,507

-

-

Common shares held in treasury at cost, 3,120,264 and 2,099,636 shares, respectively

6,914

5,472

5,472

5,472

5,471

1,189

990

990

952

358

358

358

344

65

-

-

-

0

-

146

118

-

-

-

-

-

Oil States International, Inc. net investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,710,123

1,651,013

Accumulated other comprehensive loss

-411,600

-363,173

-376,882

-364,786

-365,870

-371,200

-353,812

-352,466

-336,034

-328,213

-324,563

-338,903

-345,243

-362,930

-339,799

-349,437

-336,953

-366,309

-369,952

-291,088

-309,329

-198,491

-118,692

-5,837

-46,901

-59,979

Total Civeo Corporation shareholders’ equity

296,393

490,143

505,518

510,046

521,317

535,424

563,143

575,346

419,472

476,250

525,705

531,965

538,602

475,467

513,786

544,821

566,842

563,245

569,197

754,611

748,755

858,001

1,222,215

1,315,132

1,663,222

1,591,034

Noncontrolling interest

552

662

0

0

0

0

98

119

120

117

124

102

124

523

968

845

716

525

404

730

2,168

2,108

2,184

1,925

2,003

1,711

Total shareholders’ equity

296,945

490,805

505,518

510,046

521,317

535,424

563,241

575,465

419,592

476,367

525,829

532,067

538,726

475,990

514,754

545,666

567,558

563,770

569,601

755,341

750,923

860,109

1,224,399

1,317,057

1,665,225

1,592,745

Total liabilities and shareholders’ equity

719,523

969,912

1,010,823

1,020,405

1,007,998

1,001,677

1,098,636

1,117,948

806,971

853,912

929,750

916,588

925,026

910,446

978,051

1,051,530

1,083,279

1,066,529

1,117,801

1,696,724

1,694,799

1,829,161

2,188,119

2,313,629

2,196,845

2,123,237