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Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of assumptions used to fair value share units



 

 

 



 

US$ Share Units

 

As at December 31

2017  2016  2015 

Risk Free Interest Rate

1.67%  0.75%  0.48% 

Dividend Yield

0.45%  0.51%  1.18% 

Expected Volatility Rate (1)

57.87%  57.18%  39.16% 

Expected Term

1.4 yrs

1.9 yrs

1.4 yrs

Market Share Price

US$13.33

US$11.74

US$5.09



 

 

 



 

CS$ Share Units

 

As at December 31

2017  2016  2015 

Risk Free Interest Rate

1.67%  0.75%  0.48% 

Dividend Yield

0.46%  0.50%  1.09% 

Expected Volatility Rate (1)

54.10%  53.24%  36.45% 

Expected Term

1.5 yrs

1.9 yrs

1.5 yrs

Market Share Price

C$16.77

C$15.76

C$7.03



Amounts Recognized For Share-Based Payment Transactions



 

 

 

 

 

 

 

For the years ended December 31

 

2017 

 

 

2016 

 

2015 

Total Compensation Costs of Transactions Classified as Cash-Settled

$

165 

 

$

174 

$

(29)

Less: Total Share-Based Compensation Costs Capitalized

 

(55)

 

 

(40)

 

10 

Total Share-Based Compensation Expense (Recovery)

$

110 

 

$

134 

$

(19)

Recognized on the Consolidated Statement of Earnings in:

 

 

 

 

 

 

 

   Operating

$

34 

 

$

48 

$

(7)

   Administrative

 

76 

 

 

86 

 

(12)



$

110 

 

$

134 

$

(19)





Liability for Share-Based Payment Transactions



 

 

 

 

 

 

 

For the years ended December 31

 

2017 

 

 

2016 

 

2015 

Liability for Cash-Settled Share-Based Payment Transactions:

 

 

 

 

 

 

 

Unvested

$

274 

 

$

171 

$

47 

Vested

 

53 

 

 

37 

 

4 



$

327 

 

$

208 

$

51 



Schedule of Nonvested Performance-based Units Activity [Table Text Block]



 

 

 

 

 

 

 

 



Canadian Dollar Denominated

 

U.S. Dollar Denominated

 

(thousands of units)

Outstanding PUSs

 

Outstanding PUSs

 

As at December 31

2017 

 

2016 

 

2017 

 

2016 

 



 

 

 

 

 

 

 

 

Unvested and Outstanding, Beginning of Year

5,218 

 

2,603 

 

2,907 

 

1,025 

 

Granted

1,234 

 

3,559 

 

704 

 

2,245 

 

Vested and Released

(433)

 

 -

 

(123)

 

 -

 

Units, in Lieu of Dividends

33 

 

38 

 

18 

 

21 

 

Forfeited

(50)

 

(982)

 

(131)

 

(384)

 

Unvested and Outstanding, End of Year

6,002 

 

5,218 

 

3,375 

 

2,907 

 



Schedule Of Outstanding Deferred Share Units



 

 

 



Canadian Dollar Denominated

(thousands of units)

Outstanding DSUs

As at December 31

2017 

 

2016 



 

 

 

Outstanding, Beginning of Year

920 

 

753 

Granted

134 

 

139 

Converted from HPR awards

16 

 

43 

Units, in Lieu of Dividends

5 

 

6 

Redeemed

(180)

 

(21)

Outstanding, End of Year

895 

 

920 



Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]



 

 

 

 

 

 

 

 

 



 

Canadian Dollar Denominated

 

U.S. Dollar Denominated

 

(thousands of units)

 

Outstanding RSUs

 

Outstanding RSUs

 

As at December 31

 

2017 

 

2016 

 

2017 

 

2016 

 



 

 

 

 

 

 

 

 

 

Unvested and Outstanding, Beginning of Year

 

10,998 

 

8,114 

 

10,418 

 

5,909 

 

Granted

 

2,411 

 

7,209 

 

2,434 

 

7,826 

 

Units, in Lieu of Dividends

 

60 

 

82 

 

59 

 

80 

 

Vested and Released

 

(2,088)

 

(2,840)

 

(1,268)

 

(1,446)

 

Forfeited

 

(352)

 

(1,567)

 

(1,109)

 

(1,951)

 

Unvested and Outstanding, End of Year

 

11,029 

 

10,998 

 

10,534 

 

10,418 

 



Tandem Stock Appreciation Rights (TSARs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity [Table Text Block]



 

 

 

 

 

As at December 31

 

2017

2016

(thousands of units)

 

Outstanding TSARs

Weighted Average
Exercise
Price (C$)

Outstanding TSARs

Weighted Average
Exercise
Price (C$)



 

 

 

 

 

Outstanding, Beginning of Year

 

15,482  14.92  17,369  20.21 

Granted

 

850  15.43  4,277  5.56 

Exercised - SARs

 

(316) 5.56 

 -

 -

Exercised - Options

 

 -

 -

 -

 -

Forfeited

 

(218) 19.55  (2,108) 19.62 

Expired

 

(528) 20.99  (4,056) 25.26 

Outstanding, End of Year

 

15,270  14.87  15,482  14.92 

Exercisable, End of Year

 

10,736  17.42  8,523  18.66 



Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]



 

 

 

 

 

As at December 31, 2017

Outstanding TSARs

Exercisable TSARs

Range of Exercise Price (C$)

Number of TSARs
(thousands
of units)

Weighted Average Remaining
Contractual
Life (years)

Weighted Average
Exercise
Price (C$)

Number of TSARs
(thousands
of units)

Weighted Average
Exercise
Price (C$)



 

 

 

 

 

0.00 to 9.99

3,910  5.17  5.56  952  5.56 

10.00 to 19.99

7,816  1.74  16.93  6,241  17.43 

20.00 to 29.99

3,544  1.15  20.57  3,543  20.57 



15,270  2.48  14.87  10,736  17.42 



Stock Appreciation Rights (SARs) [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Appreciation Rights Award Activity [Table Text Block]



 

 

 

 

 

As at December 31

 

2017

2016

(thousands of units)

 

Outstanding SARs

Weighted Average
Exercise
Price (US$)

Outstanding SARs

Weighted Average
Exercise
Price (US$)



 

 

 

 

 

Outstanding, Beginning of Year

 

6,721  14.55  10,137  20.26 

Granted

 

349  11.75  1,453  4.06 

Exercised

 

(147) 4.69 

 -

 -

Forfeited

 

(418) 17.94  (1,464) 18.65 

Expired

 

(162) 20.57  (3,405) 25.32 

Outstanding, End of Year

 

6,343  14.25  6,721  14.55 

Exercisable, End of Year

 

4,611  16.85  3,782  18.02 



Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]



 

 

 

 

 

As at December 31, 2017

Outstanding SARs

Exercisable SARs

Range of Exercise Price (US$)

Number of SARs
(thousands
of units)

Weighted Average Remaining
Contractual
Life (years)

Weighted Average
Exercise
Price (US$)

Number of SARs
(thousands
of units)

Weighted Average
Exercise
Price (US$)



 

 

 

 

 

0.00 to 9.99

1,311  5.17  4.06  301  4.06 

10.00 to 19.99

4,707  1.59  16.52  3,985  17.36 

20.00 to 29.99

325  1.58  22.46  325  22.46 



6,343  2.33  14.25  4,611  16.85