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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Total
Share Capital
Equity Reserves, Contributed Surplus
Equity Reserves, Foreign Exchange
Retained Earnings
Non-controlling interest
Beginning balance (in shares) at Dec. 31, 2020     87,879,261        
Beginning balance at Dec. 31, 2020 $ 214,075 $ 212,703 $ 126,152 $ 15,637 $ (82,928) $ 153,842 $ 1,372
Income for the year 202,632 201,053       201,053 1,579
Other comprehensive loss for the year (24,252) (24,155)     (24,155)   (97)
Comprehensive income 178,380 176,898     (24,155) 201,053 1,482
Shares issued for: Exercise of options and warrants (in shares)     2,325,117        
Shares issued for: Exercise of options and warrants 5,550 5,550 $ 6,920 (1,370)      
Share-based compensation 7,295 7,295   7,295      
Reclassified as cash-based equity awards (9,389) (9,389)   (9,389)      
Dividends to non-controlling interest (421)           (421)
Ending balance (in shares) at Dec. 31, 2021     90,204,378        
Ending balance at Dec. 31, 2021 395,490 393,057 $ 133,072 12,173 (107,083) 354,895 2,433
Income for the year 103,067 101,831       101,831 1,236
Other comprehensive loss for the year 29,897 29,709     29,709   188
Comprehensive income 132,964 131,540     29,709 101,831 1,424
Shares issued for: Exercise of options and warrants (in shares)     1,812,558        
Shares issued for: Exercise of options and warrants 8,805 8,805 $ 12,618 (3,813)      
Settlement of restricted share units (in shares)     37,099        
Settlement of restricted share units (332) (332) $ 529 (861)      
Settlement of performance share units (in shares)     128,598        
Settlement of performance share units 1,836 1,836 $ 1,836        
Share-based compensation 3,686 3,686   3,686      
Dividends to non-controlling interest (284)           (284)
Ending balance (in shares) at Dec. 31, 2022     92,182,633        
Ending balance at Dec. 31, 2022 $ 542,165 $ 538,592 $ 148,055 $ 11,185 $ (77,374) $ 456,726 $ 3,573