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Stock-based compensation plans (Tables)
12 Months Ended
Dec. 31, 2020
Share-based payment plans  
Summary of share-based compensation expense (benefit)

Year ended December 31, 

    

Classification

2020

2019

2018

Stock-based compensation expense

Selling, general, and administrative expense, Product costs, and Service costs

$

43

$

20

$

20

SARs Liability Classified Awards  
Share-based payment plans  
Summary of share based payment activity

Number of Awards

Weighted Average Exercise Price

Weighted Average Remaining Contractual Term (in years)

Aggregate Intrinsic Value

SARs outstanding at December 31, 2019

579,320

$

63.12

Exercised

Cancelled or expired

(197,100)

67.92

SARs outstanding at December 31, 2020

382,220

60.65

1.09

$

SARs vested and expected to vest at December 31, 2020

382,220

60.65

1.09

$

SARs exercisable at December 31, 2020

381,470

$

60.68

1.08

$

Summary of valuation share based compensation awards

Year Ended December 31, 

2020 1

2019

2018 2

Risk-free interest rate

%

1.7 - 1.9

%

1.7 - 1.9

%

Dividend yield

%

0.5

%

1.8

%

Volatility

%

57 - 130

%

14 - 23

%

Expected lives (in years)

0.2 - 4.6

0.3 - 5.4

1No liability classified SARs were granted in 2020.

2Risk-free interest rate for 2018 is based on Canadian bond rates

SARs Accounted for as Equity Classified Awards  
Share-based payment plans  
Summary of share based payment activity

Number of Awards

Weighted Average Exercise Price

Weighted Average Remaining Contractual Term (in years)

Aggregate Intrinsic Value

SARs outstanding at December 31, 2019

925,591

$

51.18

Granted

Exercised

Cancelled or expired

(115,064)

50.67

SARs outstanding at December 31, 2020

810,527

51.25

6.32

$

SARs vested and expected to vest at December 31, 2020

810,527

51.25

6.32

$

SARs exercisable at December 31, 2020

713,859

$

50.95

6.25

$

Restricted Share Units | Omnibus and DigitalGlobe Equity Incentive Plan  
Share-based payment plans  
Summary of share based payment activity

Weighted Average

Weighted Average

Weighted Average

Number of

Grant Date

Number of

Grant Date

Number of

Grant Date

Awards 1

Fair Value 1

Awards 2

Fair Value 2

Awards 3

Fair Value 3

Nonvested RSUs at December 31, 2019

986,735

$

7.91

247,498

$

36.42

100,671

$

54.57

Granted

2,083,425

13.57

Vested

(409,551)

7.75

(159,679)

45.69

(71,427)

54.57

Modified4

532,365

28.74

Cancelled or expired

(243,005)

12.22

(17,446)

48.45

(2,928)

54.57

Nonvested RSUs at December 31, 2020

2,949,969

$

15.33

70,373

$

12.41

26,316

$

54.57

1RSUs under the 2019 Plan

2RSUs under the Omnibus Plan

3RSUs under the DigitalGlobe Equity Plan

4Liability classified RSUs modified to be equity settled

RSUs Liability Classified Awards  
Share-based payment plans  
Summary of share based payment activity

Weighted Average

Number of

Grant Date

Awards 1

Fair Value 1

Nonvested RSUs at December 31, 2019

946,281

$

6.93

Granted

Vested

(291,989)

6.93

Modified2

(532,365)

6.93

Cancelled or expired

(121,927)

6.92

Nonvested RSUs at December 31, 2020

$

1RSUs under the 2019 Plan

2Liability classified RSUs modified to be equity settled

Performance Share Unit  
Share-based payment plans  
Summary of share based payment activity

Weighted Average

Number of

Grant Date

Awards

Fair Value

Nonvested PSUs at December 31, 2019

963,402

$

6.83

Granted

371,470

20.72

Performance adjustment

240,837

6.54

Vested

(481,674)

6.54

Cancelled or expired

(53,355)

8.80

Nonvested PSUs at December 31, 2020

1,040,680

$

11.76

Summary of valuation share based compensation awards

Year Ended December 31, 

2020

2019

Risk-free interest rate

0.9

%

2.2 - 2.3

%

Dividend yield

0.3

%

0.5 - 0.9

%

Volatility

79

%

63 - 67

%

Expected lives (in years)

2.8

2.9 - 3.0

Deferred Share Units (DSU)  
Share-based payment plans  
Summary of share based payment activity

Number of Awards

Weighted Average Issuance Price

DSUs outstanding at December 31, 2019

65,610

C$

52.76

Issued

Redeemed

(32,715)

49.50

DSUs outstanding at December 31, 2020

32,895

C$

56.01

Equity-settled SARs, RSUs and DSUs  
Share-based payment plans  
Summary of valuation share based compensation awards

Year Ended December 31, 

2020 1

2019 1

2018 2

Risk-free interest rate

1.9 - 2.3

%

Dividend yield

2.2 - 9.1

%

Volatility

22 - 41

%

Expected lives (in years)

3.0 - 7.0

1No equity classified SARs and DSUs were granted in 2020 and 2019.

2Risk-free interest rate for 2018 is based on Canadian bond rates