XML 85 R44.htm IDEA: XBRL DOCUMENT v3.24.0.1
Share Capital (Tables)
12 Months Ended
Dec. 31, 2023
Share Capital , Reserves, Other Equity Interest, Share-Based Payment Arrangements And Earnings Per Share [Abstract]  
Schedule of Number and Weighted Average Exercise Price of Stock Options
Year Ended December 31,
20232022
Number of
Stock Options
Weighted Average Exercise Price (CAD)Number of
Stock Options
Weighted Average Exercise Price (CAD)
Outstanding stock options, beginning of year
2,781,074 $15.49 4,202,389 $11.36 
Issued 525,138 18.00 449,248 17.80 
Exercised(1,333,199)11.28 (1,812,558)6.35 
Forfeited(86,688)18.59 (58,005)19.59 
Outstanding stock options, end of year
1,886,325 $19.56 2,781,074 $15.49 
Weighted Average Inputs in Fair Value Measurement of Stock Options The weighted average inputs used in the measurement of fair values at grant date of the options are the following:
Year Ended December 31,
20232022
Expected term (years)3.2 3.0 
Forfeiture rate %— %
Volatility54 %60 %
Dividend yield %— %
Risk-free interest rate3.99 %3.86 %
Weighted-average fair value per option$6.38 $6.16 
Schedule of PSUs Issued and Outstanding
The continuity of PSUs issued and outstanding is as follows:

Year Ended December 31,
20232022
Outstanding balance, beginning of year
881,788 793,043 
Issued 437,204 344,549 
Settled(238,881)(212,765)
Forfeited(112,190)(43,039)
Outstanding balance, end of year
967,921 881,788 
Expense Associated With Each Component
Year ended December 31,
20232022
Stock options$1,574 $2,091 
Performance share unit plan4,093 3,158 
Deferred share unit plan1,756 1,087 
Restricted share unit plan1,795 1,595 
Share-based compensation(1)
$9,218 $7,931 
Schedule of Net Income per Share
Year ended December 31,
20232022
Weighted average number of common shares outstanding94,111,548 90,789,925 
Dilutive effects of:
Stock options444,216 1,117,529 
Share units340,570 263,202 
Weighted average number of diluted common shares outstanding(1)
94,896,334 92,170,656 
Net income attributable to owners of the Company
$92,804 $101,831 
Basic net income per share
$0.99 $1.12 
Diluted net income per share
$0.98 $1.10