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Note 15 - Income Tax - Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Income tax expense using combined Canadian federal and provincial statutory rate of 26.5% (2023 - 26.5%) (1) [1] $ 68,343 $ 53,884
Permanent differences 2,121 2,075
Impact of changes in foreign exchange rates 2,179 0
Adjustments to tax liabilities for prior periods 8 111
Non-deductible stock-based compensation 6,707 5,667
Foreign, state and provincial tax rate differential (4,203) (5,420)
Impact of contingent acquisition consideration fair value adjustments (5,017) 0
Other taxes (14) 0
Total $ 70,124 $ 56,317
[1] The Canadian federal and provincial statutory rate is comprised of the basic Part 1 federal tax rate of 38%, net 15% after federal abatement and general tax reduction, plus the additional provincial tax of 11.5%. Where subsidiaries are taxed in a different jurisdiction, the impact of the difference in statutory rates is included in "Foreign, state and provincial tax rate differential" within the table.