The 40-year-old Blink-182 drummer and Moakler had a fueling 2008 divorce, but are now in a good place because of their two kids, son Landon, 12, and daughter Alabama, 10, reported People magazine.
"The kids' best interest is what we all have in mind - there's nothing else. Our relationship was so long ago. We're just being friends. Doing the best co-parenting is the most important thing," Barker said.
To stay close to his kids, the musician has bought a house near their school.