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Note 22 - Income Tax (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Year ended December 31,
			2020				2019
Combined statutory rate			26.5	%			26.5	%
Nondeductible expenses			1.5				3.0
Tax effect of flow through entities			(4.6	)			(2.0	)
Impact of changes in foreign exchange rates			0.3				(0.1	)
Adjustments to tax liabilities for prior periods			(0.2	)			(0.1	)
Effect of changes in enacted tax rate in other jurisdictions			0.3				0.3
Changes in liability for unrecognized tax benefits			0.6				-
Stock-based compensation			1.5				0.3
Foreign, state, and provincial tax rate differential			(2.3	)			(1.5	)
Change in valuation allowance			3.8				(0.4	)
Acquisition related costs and contingent consideration			1.6				1.4
Withholding taxes and other			1.8				0.4
Effective income tax rate			30.8	%			27.8	%

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

		Year ended December 31,
			2020				2019
Canada		$	8,257			$	10,876
United States			53,111				49,884
Foreign			75,167				129,838
Total		$	136,535			$	190,598

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Year ended December 31,
			2020				2019
Current
Canada		$	3,309			$	2,939
United States			19,577				15,029
Foreign			32,344				41,745
			55,230				59,713
Deferred
Canada			2,154				238
United States			(9,765	)			(520	)
Foreign			(5,573	)			(6,418	)
			(13,184	)			(6,700	)
Total		$	42,046			$	53,013

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		As at December 31,
			2020				2019
Loss carry-forwards and other credits		$	18,314			$	18,969
Expenses not currently deductible			33,442				28,446
Revenue not currently taxable			(14,076	)			(6,212	)
Stock-based compensation			526				386
Investments			10,696				7,870
Provision for doubtful accounts			8,308				4,585
Financing fees			(325	)			(330	)
Net unrealized foreign exchange losses			560				68
Depreciation and amortization			(57,746	)			(44,577	)
Operating leases			8,110				7,998
Less: valuation allowance			(13,324	)			(7,801	)
Net deferred tax (liabilities) assets		$	(5,515	)		$	9,402

Summary of Operating Loss Carryforwards [Table Text Block]

		Pre-tax loss carry forward								Pre-tax losses not recognized								Pre-tax losses recognized
			2020				2019				2020				2019				2020				2019
Canada		$	5,632			$	16,525			$	65			$	24			$	5,567			$	16,501
United States			3,059				3,144				924				922				2,135				2,222
Foreign			53,997				40,006				32,091				21,476				21,906				18,530

		Pre-tax loss carry forward								Pre-tax losses not recognized								Pre-tax losses recognized
			2020				2019				2020				2019				2020				2019
Canada		$	1,922			$	1,864			$	1,922			$	1,758			$	-			$	106
United States			1,698				1,698				1,698				1,698				-				-
Foreign			6,876				6,271				6,876				6,271				-				-

Summary of Income Tax Contingencies [Table Text Block]

			2020				2019
Balance, January 1		$	1,468			$	1,460
Gross increases for tax positions of prior periods			908				71
Reduction for lapses in applicable statutes of limitations			(87	)			(129	)
Foreign currency translation			55				66
Balance, December 31		$	2,344			$	1,468

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- Definition

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