XML 65 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenue and segmented information (Tables)
12 Months Ended
Dec. 31, 2017
Revenue and segmented information  
Schedule of operating performance of reporting segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Space

    

 

 

    

 

    

Corporate and

    

 

 

Year ended December 31, 2017

 

Systems

 

Imagery

 

Services

 

eliminations

 

Total

Revenues:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

External revenue

 

$

1,259.6

 

$

228.4

 

$

143.2

 

$

 —

 

$

1,631.2

Intersegment eliminations

 

 

10.2

 

 

1.7

 

 

1.4

 

 

(13.3)

 

 

 —

 

 

 

1,269.8

 

 

230.1

 

 

144.6

 

 

(13.3)

 

 

1,631.2

Segment earnings:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Adjusted EBITDA

 

 

231.9

 

 

147.6

 

 

23.4

 

 

(24.2)

 

 

378.7

Depreciation and amortization

 

 

40.6

 

 

40.6

 

 

5.9

 

 

0.6

 

 

87.7

 

 

 

191.3

 

 

107.0

 

 

17.5

 

 

(24.8)

 

 

291.0

Capital expenditures:

 

 

  

 

 

  

 

 

 

 

 

  

 

 

  

Property, plant and equipment

 

 

51.4

 

 

4.7

 

 

2.0

 

 

0.2

 

 

58.3

Intangible assets

 

 

64.3

 

 

22.0

 

 

0.2

 

 

0.2

 

 

86.7

 

 

 

115.7

 

 

26.7

 

 

2.2

 

 

0.4

 

 

145.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

Space

    

 

 

    

 

    

Corporate and

    

 

 

Year ended December 31, 2016

 

Systems

 

Imagery

 

Services

 

eliminations

 

Total

Revenues:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

External revenue

 

$

1,417.2

 

$

41.0

 

$

99.3

 

$

 —

 

$

1,557.5

Intersegment eliminations

 

 

3.6

 

 

0.8

 

 

0.4

 

 

(4.8)

 

 

 —

 

 

 

1,420.8

 

 

41.8

 

 

99.7

 

 

(4.8)

 

 

1,557.5

Segment earnings:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Adjusted EBITDA

 

 

246.0

 

 

22.4

 

 

20.3

 

 

(21.1)

 

 

267.6

Depreciation and amortization

 

 

41.3

 

 

0.2

 

 

3.4

 

 

0.1

 

 

45.0

 

 

 

204.7

 

 

22.2

 

 

16.9

 

 

(21.2)

 

 

222.6

Capital expenditures:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Property, plant and equipment

 

 

39.2

 

 

0.3

 

 

0.9

 

 

1.2

 

 

41.6

Intangible assets

 

 

59.7

 

 

 —

 

 

1.4

 

 

0.4

 

 

61.5

 

 

 

98.9

 

 

0.3

 

 

2.3

 

 

1.6

 

 

103.1

 

Schedule of reconciliation to earnings (loss) before income taxes

 

 

 

 

 

 

 

 

 

For the year ended

 

 

December 31,

 

    

2017

    

2016

Segment earnings

 

$

291.0

 

$

222.6

Amortization of acquisition related intangible assets

 

 

79.4

 

 

32.4

Foreign exchange differences

 

 

(11.5)

 

 

2.8

Share-based compensation expense (note 22(f))

 

 

57.9

 

 

14.7

Other expense (note 8)

 

 

119.4

 

 

5.9

Earnings before interest and taxes

 

 

45.8

 

 

166.8

Finance income

 

 

(1.3)

 

 

(0.3)

Finance expense

 

 

82.5

 

 

37.6

Earnings (loss) before income taxes

 

$

(35.4)

 

$

129.5

 

Schedule of primary sources of revenue

 

 

 

 

 

 

 

 

 

For the year ended

 

 

December 31,

 

    

2017

    

2016

Construction contracts

 

$

1,183.2

 

$

1,342.4

Service contracts

 

 

448.0

 

 

215.1

 

 

$

1,631.2

 

$

1,557.5

 

Schedule of revenue based on geographic location of customer

 

 

 

 

 

 

 

 

 

For the year ended

 

 

December 31,

 

    

2017

    

2016

Revenue:

 

 

  

 

 

  

United States

 

$

743.8

 

$

447.2

Canada

 

 

329.9

 

 

424.4

Asia

 

 

295.3

 

 

311.9

Europe

 

 

207.1

 

 

284.5

Australia

 

 

29.6

 

 

29.7

South America

 

 

16.7

 

 

58.1

Other

 

 

8.8

 

 

1.7

 

 

$

1,631.2

 

$

1,557.5

 

Schedule of revenue from significant customers

 

 

 

 

 

 

 

 

 

For the year ended

 

 

December 31,

 

    

2017

    

2016

Commercial:

 

 

  

 

 

  

Customer 1

 

$

119.9

 

$

197.1

Government:

 

 

  

 

 

  

Canadian Federal Government and agencies

 

$

194.3

 

$

212.3

U.S. Federal Government and agencies

 

 

293.8

 

 

97.5

 

Schedule of non-current non-financial assets, property, plant and equipment, intangible assets and goodwill located geographically

 

 

 

 

 

 

 

 

    

December 31,

    

December 31,

 

 

2017

 

2016

United States

 

$

5,103.5

 

$

1,268.2

Canada

 

 

142.7

 

 

126.9

Europe

 

 

0.2

 

 

0.2

 

 

$

5,246.4

 

$

1,395.3