XML 24 R5.htm IDEA: XBRL DOCUMENT
v3.25.0.1

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY $ in Thousands | USD ($) shares | Share capital USD ($) shares | Contributed surplus USD ($) | Accumulated other comprehensive income (loss) USD ($) | Retained earnings USD ($)
--- | --- | --- | --- | --- | ---
Balance (in shares) at Jan. 01, 2023 | shares |  | 179,709,000 |  |  |
Balance at Jan. 01, 2023 | $ 1,882,162 | $ 202,329 | $ 79,489 | $ 9,845 | $ 1,590,499
Changes in equity [abstract] |  |  |  |  |
Share-based compensation | 26,804 |  | 26,804 |  |
Shares issued under employee share purchase plan (in shares) | shares |  | 54,000 |  |  |
Shares issued under employee share purchase plan | $ 1,622 | $ 1,622 |  |  |
Shares issued pursuant to exercise of stock options (in shares) | shares | 463,000 | 2,054,000 |  |  |
Shares issued pursuant to exercise of stock options | $ 53,617 | $ 65,226 | (11,609) |  |
Shares issued or distributed pursuant to vesting of restricted share units (in shares) | shares |  | 856,000 |  |  |
Shares issued or distributed pursuant to vesting of restricted share units and SARs | $ (19,470) | $ 17,638 | (37,108) |  |
Shares repurchased for cancellation (note 13(d)) (in shares) | shares | (11,830,618) | (11,831,000) |  |  |
Shares repurchased for cancellation (note 13(d)) | $ (370,430) | $ (14,786) |  |  | (355,644)
Share repurchases for settlement of non-Treasury RSUs (note 13(e)) (in shares) | shares |  | (856,000) |  |  |
Share repurchases for settlement of non-Treasury RSUs (note 13(e)) | (26,228) | $ (816) |  |  | (25,412)
Payout of employee portion of deferred compensation | 2,075 |  | 2,075 |  |
Dividends declared | (131,797) |  | 1,712 |  | (133,509)
Transactions with shareholders of the Company recognized directly in equity (in shares) | shares |  | (9,723,000) |  |  |
Transactions with shareholders of the Company recognized directly in equity | (463,807) | $ 68,884 | (18,126) |  | (514,565)
Cash flow hedges (note 14(d)) | 3,805 |  |  | 3,805 |
Actuarial (loss) gain on employee benefit obligations (note 12(a)) | 1,717 |  |  |  | 1,717
Net earnings | 533,580 |  |  |  | 533,580
Comprehensive income | $ 539,102 |  |  | 3,805 | 535,297
Balance (in shares) at Dec. 31, 2023 | shares | 169,986,477 | 169,986,000 |  |  |
Balance at Dec. 31, 2023 | $ 1,957,457 | $ 271,213 | 61,363 | 13,650 | 1,611,231
Changes in equity [abstract] |  |  |  |  |
Share-based compensation | 64,376 |  | 64,376 |  |
Shares issued under employee share purchase plan (in shares) | shares |  | 43,000 |  |  |
Shares issued under employee share purchase plan | 1,661 | $ 1,661 |  |  |
Shares issued pursuant to exercise of stock options (in shares) | shares |  | 184,000 |  |  |
Shares issued pursuant to exercise of stock options | 5,357 | $ 6,304 | (947) |  |
Shares issued or distributed pursuant to vesting of restricted share units (in shares) | shares |  | 658,000 |  |  |
Shares issued or distributed pursuant to vesting of restricted share units and SARs | $ (19,202) | $ 20,237 | (39,439) |  |
Shares repurchased for cancellation (note 13(d)) (in shares) | shares | (17,735,095) | (17,735,000) |  |  |
Shares repurchased for cancellation (note 13(d)) | $ (761,499) | $ (29,670) |  |  | (731,829)
Share repurchases for settlement of non-Treasury RSUs (note 13(e)) (in shares) | shares |  | (725,000) |  |  |
Share repurchases for settlement of non-Treasury RSUs (note 13(e)) | (27,693) | $ (1,188) |  |  | (26,505)
Change from equity-settled to cash-settled arising from change in settlement | (15,396) |  | (15,396) |  |
Payout of employee portion of deferred compensation | (1,312) |  | (1,312) |  |
Dividends declared | (133,469) |  | 1,275 |  | (134,744)
Transactions with shareholders of the Company recognized directly in equity (in shares) | shares |  | (17,575,000) |  |  |
Transactions with shareholders of the Company recognized directly in equity | (887,177) | $ (2,656) | 8,557 |  | (893,078)
Cash flow hedges (note 14(d)) | (13,677) |  |  | (13,677) |
Actuarial (loss) gain on employee benefit obligations (note 12(a)) | (817) |  |  |  | (817)
Net earnings | 400,865 |  |  |  | 400,865
Comprehensive income | $ 386,371 |  |  | (13,677) | 400,048
Balance (in shares) at Dec. 29, 2024 | shares | 152,410,994 | 152,411,000 |  |  |
Balance at Dec. 29, 2024 | $ 1,456,651 | $ 268,557 | $ 69,920 | $ (27) | $ 1,118,201

X
- Definition Change from equity-settled to cash-settled arising from change in settlement + References No definition available. + Details
Name: | gil_ChangeFromEquitySettledToCashSettledArisingFromChangeInSettlement
Namespace Prefix: | gil_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Increase (Decrease) Through Deferred Compensation To Be Settled In Share-Based Payment Transactions + References No definition available. + Details
Name: | gil_IncreaseDecreaseThroughDeferredCompensationToBeSettledInShareBasedPaymentTransactions
Namespace Prefix: | gil_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Increase (Decrease) Through Employee Share Purchase Plan, Equity + References No definition available. + Details
Name: | gil_IncreaseDecreaseThroughEmployeeSharePurchasePlanEquity
Namespace Prefix: | gil_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Increase (Decrease) Through Transactions with Owners, Shares, Equity + References No definition available. + Details
Name: | gil_IncreaseDecreaseThroughTransactionsWithOwnersSharesEquity
Namespace Prefix: | gil_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number Of Ordinary Shares Issued, Employee Share Purchase Plan + References No definition available. + Details
Name: | gil_NumberOfOrdinarySharesIssuedEmployeeSharePurchasePlan
Namespace Prefix: | gil_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Stock Issued During Period, Shares, Share-Based Compensation1 + References No definition available. + Details
Name: | gil_StockIssuedDuringPeriodSharesShareBasedCompensation1
Namespace Prefix: | gil_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Stock Issued During Period, Value, Share-Based Compensation1 + References No definition available. + Details
Name: | gil_StockIssuedDuringPeriodValueShareBasedCompensation1
Namespace Prefix: | gil_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Stock Repurchased And Retired During Period Value1 + References No definition available. + Details
Name: | gil_StockRepurchasedAndRetiredDuringPeriodValue1
Namespace Prefix: | gil_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Stock Repurchased During Period, Shares1 + References No definition available. + Details
Name: | gil_StockRepurchasedDuringPeriodShares1
Namespace Prefix: | gil_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Stock Repurchased During Period, Value1 + References No definition available. + Details
Name: | gil_StockRepurchasedDuringPeriodValue1
Namespace Prefix: | gil_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Stock Repurchased and Retired During Period, Shares1 + References No definition available. + Details
Name: | gil_StockRepurchasedandRetiredDuringPeriodShares1
Namespace Prefix: | gil_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_ChangesInEquityAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of comprehensive income attributable to owners of the parent. [Refer: Comprehensive income] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 106 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_106_a&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 81B -Subparagraph b -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_81B_b_ii&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of dividends recognised as distributions to owners of the parent. [Refer: Parent [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 106 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_106_d&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DividendsRecognisedAsDistributionsToOwnersOfParent
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The amount of equity attributable to the owners of the parent. This specifically excludes non-controlling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 54 -Subparagraph r -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_54_r&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_EquityAttributableToOwnersOfParent
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The increase (decrease) in equity resulting from the exercise of options. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 106 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_106_d&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_IncreaseDecreaseThroughExerciseOfOptions
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) in equity resulting from share-based payment transactions. [Refer: Equity] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 106 -Subparagraph d -Clause iii -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_106_d_iii&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The increase (decrease) in equity resulting from transactions with owners. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 106 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_106_d&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The number of share options exercised in a share-based payment arrangement. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2024-01-01 -Paragraph 45 -Subparagraph b -Clause iv -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2024-en-r&anchor=para_45_b_iv&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_NumberOfShareOptionsExercisedInSharebasedPaymentArrangement
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of shares that have been authorised and issued, reduced by treasury shares held. [Refer: Treasury shares] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 79 -Subparagraph a -Clause iv -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_79_a_iv&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_NumberOfSharesOutstanding
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of other comprehensive income, net of tax, after reclassification adjustments, related to cash flow hedges. [Refer: Cash flow hedges [member]; Other comprehensive income] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 91 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_91_a&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_7&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_OtherComprehensiveIncomeNetOfTaxCashFlowHedges
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The amount of other comprehensive income, net of tax, related to gains (losses) on remeasurements of defined benefit plans, which comprise actuarial gains and losses; the return on plan assets, excluding amounts included in net interest on the net defined benefit liability (asset); and any change in the effect of the asset ceiling, excluding amounts included in net interest on the net defined benefit liability (asset). [Refer: Other comprehensive income; Defined benefit plans [domain]; Plan assets [member]; Net defined benefit liability (asset)] [Contrast: Decrease (increase) in net defined benefit liability (asset) resulting from gain (loss) on remeasurement in other comprehensive income] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 91 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_91_a&doctype=Standard -URIDate 2024-03-27 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 7 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_7&doctype=Standard -URIDate 2024-03-27 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 19 -IssueDate 2024-01-01 -Paragraph 135 -Subparagraph b -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=19&code=ifrs-tx-2024-en-r&anchor=para_135_b&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_OtherComprehensiveIncomeNetOfTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 81B -Subparagraph a -Clause ii -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_81B_a_ii&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_ProfitLossAttributableToOwnersOfParent
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration