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Consolidated Statements of Cash Flows - CAD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Operating activities      
Net loss $ (39,667) $ (12,475) $ (7,224)
Items not affecting cash      
Depreciation and amortization 14,646 9,072 6,594
Amortization of deferred lease inducements 0 (69) (70)
Amortization of finance costs 231 144 28
Share-based compensation 2,918 1,656 4,163
Unrealized foreign exchange 354 (171) 0
Interest accretion on balances of purchase payable 318 211 232
Gain on sale of subsidiary (681) 0 0
Impairment of intangibles and goodwill 28,036 0 0
Deferred taxes (3,202) (3,140) (395)
Changes in non-cash working capital items 5,739 (14,801) (1,638)
Adjustments to reconcile profit (loss) 48,359 (7,098) 8,914
Net cash from (used in) operating activities 8,692 (19,573) 1,690
Investing activities      
Additions to property and equipment, net of disposals (4,488) (984) (463)
Additions to intangibles (49) (524) (961)
Short-term deposits 1,324 (1,324) 0
Restricted cash (47) (41) (2,124)
Business acquisitions and divestiture, net of cash acquired (15,166) 24,869 (13,396)
Right-of-use assets 222    
Net cash from (used in) investing activities (18,204) 21,996 (16,944)
Financing activities      
Line of credit and demand loan drawn (repaid) (3,153) (40,547) 24,066
Increase of long-term debt, net of related transaction costs 64,093 29,459 0
Repayment of long-term debt (54,409) (20,422) (2,385)
Exercise of stock options 165 244 0
Repayment of lease liabilities (1,754)    
Payment of dividends and assumed dividend 0 (23,972) 0
Share issuance, net of share issue costs 0 50,047 8
Share redemption 0 (432) (541)
Net cash from (used in) financing activities 4,942 (5,623) 21,148
Effect of exchange rate changes 579 1,536 2
Net change in cash (3,991) (1,664) 5,896
Cash, beginning of year 12,801 14,465 8,569
Cash, end of year 8,810 12,801 14,465
Interest paid 1,562 1,789 897
Income taxes paid $ 420 $ 308 $ 830