Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure of detailed information about financial instruments [abstract]

Summary of Expected Credit Loss Allowance

The movement in the expected credit loss allowance during the year was as follows:

	2023			2022
Balance, January 1,	$	1,732		$	585
Impairment loss recognized		437			1,167
Amounts written-off as uncollectible		(1,784	)		(23	)
Impairment loss reversed		(53	)		(31	)
Effect of movement in exchange rates		6			34
Balance, December 31,	$	338		$	1,732

Summary of Ageing of Trade Receivables

The ageing of trade receivables at December 31 was as follows:

	2023				2022
	Gross		Provision for Impairment		Gross		Provision for Impairment
Not past due	$	214,897	$	1	$	224,872	$	2
Past due 0 – 30 days		70,398		3		54,578		16
Past due 31 – 120 days		17,465		273		18,845		1,400
Past due more than 120 days		2,719		61		766		314
	$	305,479	$	338	$	299,061	$	1,732

Summary of Financial Instruments were Denominated in U S Dollars

The following financial instruments were denominated in U.S. dollars:

		2023								2022
		Canadian Operations				Foreign Operations				Canadian Operations				Foreign Operations
Cash	US	$	9,539		US	$	16,459		US	$	264		US	$	13,421
Accounts receivable			17				148,885				215				175,543
Accounts payable and accrued liabilities			(26,706	)			(120,416	)			(28,041	)			(101,531	)
Long-term liabilities, excluding long-term incentive plans (1)			—				(13,708	)			—				(14,542	)
Net foreign currency exposure	US	$	(17,150	)	US	$	31,220		US	$	(27,562	)	US	$	72,891
Impact of $0.01 change in the U.S. dollar to Canadian dollar    exchange rate on net earnings (loss)		$	(172	)		$	—			$	(276	)		$	—
Impact of $0.01 change in the U.S. dollar to Canadian dollar    exchange rate on comprehensive loss		$	—			$	312			$	—			$	729

(1) Excludes U.S. dollar long-term debt that has been designated as a hedge of the Corporation’s net investment in certain self-sustaining foreign operations.

Summary of Contractual Maturities of Financial Liabilities and Other Contractual Commitments

The following are the contractual maturities of the Corporation’s financial liabilities and other contractual commitments as at December 31, 2023:

		2024		2025		2026		2027		2028	Thereafter		Total
Accounts payable and accrued liabilities	$	342,382	$	—	$	—	$	—	$	—	$	—	$	342,382
Share-based compensation		67,117		23,523		11,133		—		—		—		101,773
Long-term debt		2,848		12,096		376,345		582		7,272		529,904		929,047
Interest on long-term debt (1)		65,030		64,950		38,305		36,885		36,658		1,518		243,346
Commitments		105,803		87,116		27,267		8,651		5,800		10,748		245,385
Total	$	583,180	$	187,685	$	453,050	$	46,118	$	49,730	$	542,170	$	1,861,933

(1) Excludes amortization of long-term debt issue costs.