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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Cash generated from (used in) Operations    
Net earnings $ 11,052 $ 10,036
Non-cash items    
Stock-based compensation 217 847
Depreciation and amortization 34,651 38,164
Foreign exchange (gain) loss (247) 1,339
Loss on disposal of assets 13 15
Impairment of assets   1,747
Deferred income tax expense 3,031 2,908
Accrued interest income (269) (229)
Changes in non-cash working capital balances    
Accounts receivable (11,921) (6,238)
Prepaid expenses and deposits 314 (1,113)
Payments associated with success fee obligation (3,007) (3,736)
Accounts payable and accrued liabilities 3,008 (208)
Cash generated from operations 36,842 43,532
Financing    
Dividends paid (4,527) (20,082)
Common shares repurchased under normal course issuer bid (4,225) (329)
Common shares issued for cash on the exercise of options 11 1,269
Common shares issued for cash from Employee Share Purchase Plan 72 131
Cash used in financing (8,669) (19,011)
Investing    
Purchase of property and equipment (48) (178)
Repayment of patent finance obligations (5,555) (18,127)
Purchase of patents (9,660) (37,973)
Cash used in investing (15,263) (56,278)
Foreign exchange loss (gain) on cash held in foreign currency 212 (1,123)
Net increase (decrease) in cash and cash equivalents 13,122 (32,880)
Cash and cash equivalents, beginning of year 93,431 126,311
Cash and cash equivalents, end of year $ 106,553 $ 93,431