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Debt (Tables)
12 Months Ended
Dec. 31, 2024
Borrowings, by type [abstract]  
Summary of debt
December 31, 2024December 31, 2023
Senior Notes, net of unamortized transaction fees of $4,525 (2023 – $5,325) and initial redemption option of $3,103 (2023 – $3,652)
$498,578 $498,326 
Redemption option derivative asset(7,575)(5,635)
Term Facility - Commercial loans, net of unamortized transaction fees of $21,751 (2023 – $15,490)
293,550 100,890 
Term Facility - RRF loans, net of unamortized transaction fees of $5,445 (2023 – $6,037)
119,935 39,209 
Term Facility - Revolving VAT facility net of unamortized transaction fees of $559
10,937 3,269 
$915,425 $636,059 
Reconciliation of debt arising from financing activities
20242023
Senior Notes due 2029Term
Facility
Senior Notes due 2029Term Facility
Balance beginning of year $492,691 $143,368 $494,414 $— 
Financing cash flows related to debt:
Proceeds from Term Facility commercial loans— 213,694 — 114,602 
Proceeds from Term Facility RRF loans— 97,224 — 52,136 
Proceeds from Term Facility revolving VAT facility— 56,022 — 14,588 
Repayment of Term Facility revolving VAT facility— (47,304)— (11,328)
Interest paid(31,250)(15,924)(31,250)(3,655)
Transaction costs and commitment fees paid— (3,806)— (22,084)
Total financing cash flows related to debt$(31,250)$299,906 $(31,250)$144,259 
$461,441 $443,274 $463,164 $144,259 
Non-cash changes recorded in debt:
Interest incurred31,502 17,512 31,486 4,526 
Other non-cash movements— (2,444)— — 
Change in fair value of redemption option derivative asset relating to Senior Notes due 2029(1,940)— (1,959)— 
Change in fair value of interest rate benefit on Term Facility RRF loans— (11,936)— (8,016)
Foreign exchange (gains) losses — (21,984)— 2,599 
Balance end of year$491,003 $424,422 $492,691 $143,368