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v3.22.2

Consolidated Statements of Earnings $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2022 CAD ($) $ / shares shares | Mar. 31, 2021 CAD ($) $ / shares shares | Dec. 31, 2021 CAD ($) $ / shares shares | Dec. 31, 2020 CAD ($) $ / shares shares | Dec. 31, 2019 CAD ($) $ / shares shares
Profit or loss [abstract] |  |  |  |  |
Revenue | $ 323,069 | $ 203,205 | $ 960,156 | $ 1,217,052 | $ 2,045,422
Cost of goods sold | 269,426 | 157,729 | 757,934 | 937,730 | 1,631,199
Gross margin | 53,643 | 45,476 | 202,222 | 279,322 | 414,223
Selling and administrative expenses | 46,804 | 38,455 | 147,931 | 163,310 | 182,315
Operating income | 6,839 | 7,021 | 54,291 | 116,012 | 231,908
Gain on disposal of property, plant and equipment | 0 | (25) | 135 | 45 | 302
Equity earnings from associate and joint venture | 284 | (412) | 671 | 1,995 | 1,692
Earnings before finance costs and income taxes | 7,123 | 6,584 | 55,097 | 118,052 | 233,902
Net finance costs | 3,871 | 4,992 | 16,995 | 22,493 | 18,578
Earnings before income taxes | 3,252 | 1,592 | 38,102 | 95,559 | 215,324
Income taxes | 3,621 | (1,411) | 56,557 | 7,302 | 63,196
Net earnings (loss) | $ (369) | $ 3,003 | (18,455) | 88,257 | 152,128
Net earnings (loss) attributable to: |  |  |  |  |
Controlling interest |  |  | (18,455) | 88,080 | 151,647
Non-controlling interest |  |  | $ 0 | $ 177 | $ 481
Earnings (loss) per share – basic | (per share) | $ 0 | $ 0.03 | $ (0.21) | $ 0.98 | $ 1.7
Earnings (loss) per share – diluted | (per share) | $ 0 | $ 0.03 | $ (0.21) | $ 0.98 | $ 1.7
Weighted average number of shares – basic | shares | 89,679,811 | 89,678,845 | 89,678,845 | 89,678,845 | 89,500,829
Weighted average number of shares – diluted | shares | 89,679,811 | 89,762,110 | 89,678,845 | 89,678,845 | 89,709,745

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- Definition The entity's share of the profit (loss) of associates and joint ventures accounted for using the equity method. [Refer: Associates [member]; Investments accounted for using equity method; Joint ventures [member]; Profit (loss)] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2021-01-01 -Paragraph 23 -Subparagraph g -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_23_g&doctype=Standard -URIDate 2021-03-24 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2021-01-01 -Paragraph 28 -Subparagraph e -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2021-en-r&anchor=para_28_e&doctype=Standard -URIDate 2021-03-24 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Note Effective on first application of IFRS 9 -Name IFRS -Number 4 -IssueDate 2021-01-01 -Paragraph 39M -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=4&code=ifrs-tx-2021-en-b&anchor=para_39M_b&doctype=Standard -URIDate 2021-03-24 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 1 -IssueDate 2021-01-01 -Paragraph 82 -Subparagraph c -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=1&code=ifrs-tx-2021-en-r&anchor=para_82_c&doctype=Standard -URIDate 2021-03-24 + Details
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- Definition The number of ordinary shares outstanding at the beginning of the period, adjusted by the number of ordinary shares bought back or issued during the period multiplied by a time-weighting factor. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2021-01-01 -Paragraph 70 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2021-en-r&anchor=para_70_b&doctype=Standard -URIDate 2021-03-24 + Details
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