XML 79 R62.htm IDEA: XBRL DOCUMENT
v3.19.2

SHARE-BASED PAYMENTS (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2019
Share-based Payment Arrangements [Abstract] |
Explanation of effect of share-based payments on entity's profit or loss | The effect of share-based payment arrangements in the consolidated income statement and in the consolidated statement of financial position are as follows as at, and for the years ended March 31:
|  |  | Compensation |  | Balance in the consolidated |
|  |  |  | cost |  | statement of financial position |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Cash-settled share-based compensation: |  |  |  |  |  |  |  |
ESPP | $ | 8.5 |  | $ | 7.4 |  | $ | — |  | $ | — |
DSU |  | 6.3 |  |  | 5.4 |  |  | (15.5 | ) |  | (16.2 | )
LTI-DSU |  | 6.6 |  |  | 4.8 |  |  | (31.6 | ) |  | (27.1 | )
LTI-TB RSU |  | 6.4 |  |  | 5.2 |  |  | (11.6 | ) |  | (10.0 | )
LTI-PSU |  | 26.5 |  |  | 27.6 |  |  | (47.0 | ) |  | (40.7 | )
Total cash-settled share-based compensation | $ | 54.3 |  | $ | 50.4 |  | $ | (105.7 | ) | $ | (94.0 | )
Equity-settled share-based compensation: |  |  |  |  |  |  |  |  |  |  |  |
ESOP | $ | 6.4 |  | $ | 4.9 |  | $ | (24.8 | ) | $ | (21.3 | )
Total equity-settled share-based compensation | $ | 6.4 |  | $ | 4.9 |  | $ | (24.8 | ) | $ | (21.3 | )
Total share-based compensation cost | $ | 60.7 |  | $ | 55.3 |  | $ | (130.5 | ) | $ | (115.3 | )
Disclosure of number and weighted average exercise prices of share options | Summarized information about the Company's ESOP as at March 31, 2019 is as follows:
|  |  | Options Outstanding |  |  | Options Exercisable |
|  | Weighted |  |  |  |
| Number of |  | average remaining | Weighted |  |  | Number of |  | Weighted |
Range of | options |  | contractual life | average exercise |  |  | options |  | average exercise |
exercise prices | outstanding |  | (years) | price |  |  | exercisable |  | price |
$9.69 to $11.02 | 179,725 |  |  | 0.92 | $ | 10.76 |  |  | 179,725 |  | $ | 10.76 |
$14.61 to $16.15 | 2,755,125 |  |  | 3.63 |  | 15.65 |  |  | 1,496,500 |  |  | 15.47 |
$20.86 to $27.15 | 3,569,275 |  |  | 5.68 |  | 24.56 |  |  | 406,100 |  |  | 22.14 |
Total | 6,504,125 |  |  | 4.68 | $ | 20.41 |  |  | 2,082,325 |  | $ | 16.36 |
Outstanding options are as follows:
|  |  | 2019 |  |  |  |  |  | 2018 |
|  | Weighted |  |  |  |  | Weighted |
| Number |  | average exercise |  |  | Number |  | average exercise |
| of options |  | price |  |  | of options |  | price |
Options outstanding, beginning of year | 6,155,525 |  | $ | 17.31 |  |  | 5,541,625 |  | $ | 14.51 |
Granted | 1,733,100 |  |  | 27.15 |  |  | 2,044,900 |  |  | 22.15 |
Exercised | (1,231,600 | ) |  | 14.78 |  |  | (1,246,575 | ) |  | 12.58 |
Forfeited | (82,525 | ) |  | 17.41 |  |  | (184,425 | ) |  | 18.52 |
Expired | (70,375 | ) |  | 18.20 |  |  | — |  |  | — |
Options outstanding, end of year | 6,504,125 |  | $ | 20.41 |  |  | 6,155,525 |  | $ | 17.31 |
Options exercisable, end of year | 2,082,325 |  | $ | 16.36 |  |  | 1,744,125 |  | $ | 14.12 |
Disclosure of range of exercise prices of outstanding share options | Summarized information about the Company's ESOP as at March 31, 2019 is as follows:
|  |  | Options Outstanding |  |  | Options Exercisable |
|  | Weighted |  |  |  |
| Number of |  | average remaining | Weighted |  |  | Number of |  | Weighted |
Range of | options |  | contractual life | average exercise |  |  | options |  | average exercise |
exercise prices | outstanding |  | (years) | price |  |  | exercisable |  | price |
$9.69 to $11.02 | 179,725 |  |  | 0.92 | $ | 10.76 |  |  | 179,725 |  | $ | 10.76 |
$14.61 to $16.15 | 2,755,125 |  |  | 3.63 |  | 15.65 |  |  | 1,496,500 |  |  | 15.47 |
$20.86 to $27.15 | 3,569,275 |  |  | 5.68 |  | 24.56 |  |  | 406,100 |  |  | 22.14 |
Total | 6,504,125 |  |  | 4.68 | $ | 20.41 |  |  | 2,082,325 |  | $ | 16.36 |
Disclosure of indirect measurement of fair value of goods or services received, other equity instruments granted during period | The assumptions used for the purpose of the option calculations outlined in this note are presented below:
|  | 2019 |  |  | 2018 |
Weighted average assumptions used in the Black-Scholes options pricing model: |  |  |  |
Weighted average share price | $ | 27.42 |  | $ | 22.14 |
Exercise price | $ | 27.15 |  | $ | 22.15 |
Dividend yield |  | 1.31 | % |  | 1.45 | %
Expected volatility |  | 18.34 | % |  | 18.39 | %
Risk-free interest rate |  | 2.07 | % |  | 0.86 | %
Expected option term |  | 4 years |  |  | 4 years |
Weighted average fair value option granted | $ | 4.23 |  | $ | 2.75 |
Disclosure of number and weighted average exercise prices of other equity instruments | Long-Term Incentive Performance Based units outstanding are as follows:
|  |  |  |  |  |  | LTI-PSU |
|  |  |  |  | 2019 |  |  | 2018 |
Units outstanding, beginning of year |  |  |  |  | 1,230,717 |  |  | 1,308,064 |
Units granted |  |  |  |  | 756,386 |  |  | 819,566 |
Units cancelled |  |  |  |  | (25,491 | ) |  | (50,376 | )
Units redeemed |  |  |  |  | (820,412 | ) |  | (846,537 | )
Units outstanding, end of year |  |  |  |  | 1,141,200 |  |  | 1,230,717 |
Units vested, end of year |  |  |  |  | 876,095 |  |  | 933,977 |
Long-Term Incentive Time Based units outstanding under all plans are as follows:
|  |  | LTI-DSU |  |  |  |  | LTI-TB RSU |
| 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Units outstanding, beginning of year | 1,134,741 |  |  | 1,193,723 |  |  | 553,923 |  |  | 551,210 |
Units granted | — |  |  | — |  |  | 148,670 |  |  | 179,440 |
Units cancelled | (2,523 | ) |  | (1,768 | ) |  | (8,487 | ) |  | (21,640 | )
Units redeemed | (76,750 | ) |  | (74,783 | ) |  | (192,086 | ) |  | (155,087 | )
Dividends paid in units | 12,575 |  |  | 17,569 |  |  | — |  |  | — |
Units outstanding, end of year | 1,068,043 |  |  | 1,134,741 |  |  | 502,020 |  |  | 553,923 |
Units vested, end of year | 1,067,648 |  |  | 1,128,464 |  |  | 394,404 |  |  | 420,247 |
DSUs outstanding are as follows:
| 2019 |  |  | 2018 |
DSUs outstanding, beginning of year | 675,097 |  |  | 691,698 |
Units granted | 92,211 |  |  | 99,632 |
Units redeemed | (253,176 | ) |  | (143,560 | )
Dividends paid in units | 9,338 |  |  | 27,327 |
DSUs outstanding, end of year | 523,470 |  |  | 675,097 |
DSUs vested, end of the year | 523,470 |  |  | 675,097 |

X
- Definition Share-based Payment Arrangements [Abstract] + References No definition available. + Details
Name: | cae_SharebasedPaymentArrangementsAbstract
Namespace Prefix: | cae_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2018-01-01 -Paragraph 47 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2018-03-01&anchor=para_47_a&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 2 -IssueDate 2018-01-01 -Paragraph 45 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2018-03-01&anchor=para_45&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2018-01-01 -Paragraph 45 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2018-03-01&anchor=para_45_b&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the range of exercise prices for outstanding share options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2018-01-01 -Paragraph 45 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2018-03-01&anchor=para_45_d&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfRangeOfExercisePricesOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The explanation that enables users of financial statements to understand the effect of share-based payment transactions on the entity's profit (loss). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2018-01-01 -Paragraph 50 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2018-03-01&anchor=para_50&doctype=Standard -URIDate 2018-03-16 + Details
Name: | ifrs-full_ExplanationOfEffectOfSharebasedPaymentsOnProfitOrLoss
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration