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Segmented Information (Tables)
12 Months Ended
Dec. 31, 2022
Text Block 1 [Abstract]  
Summary of detailed information about geographical areas
The following tables provide certain financial information by geographic area.
Revenues and Operating Income
 
  Years ended December 31,    NAM                  LATAM                  EH                  Total              
  
2022
     2021     
2022
     2021     
2022
     2021     
2022
     2021  
                 
Segment revenue
  
$
      1,303,885
 
   $       680,062     
$
      221,628
 
   $       106,160     
$
      349,247
 
   $       203,585     
$
      1,874,760
 
   $       989,807  
                 
Intersegment revenue
  
 
(93,778)
 
     (29,463)     
 
(434)
 
     (95)     
 
(2,750)
 
     (93)     
 
(96,962)
 
     (29,651)  
                 
Revenue
  
$
1,210,107
 
   $ 650,599     
$
221,194
 
   $ 106,065     
$
346,497
 
   $ 203,492     
$
1,777,798
 
   $ 960,156  
                 
Revenue – Energy Infrastructure
  
 
141,900
 
     103,096     
 
129,723
 
     66,069     
 
109,464
 
     109,488     
 
381,087
 
     278,653  
                 
Revenue – After-Market Services
  
 
298,333
 
     215,876     
 
38,057
 
     24,158     
 
107,270
 
     87,342     
 
443,660
 
     327,376  
                 
Revenue – Engineered Systems
  
 
769,874
 
     331,627     
 
53,414
 
     15,838     
 
129,763
 
     6,662     
 
953,051
 
     354,127  
                 
Operating income (loss)
1
  
$
14,769
 
   $ 18,041     
$
(14,654)
 
   $ 6,575     
$
2,157
 
   $ 29,675     
$
2,272
 
   $ 54,291  
1
The company did not receive any government grants during the twelve months ended December 31, 2022 (December 31, 2021 – $16.4 million). Government grants are recorded in COGS and SG&A within the interim condensed consolidated statements of earnings in accordance with where the associated expenses were recognized.
Segment Assets
 
 
  
NAM
 
  
LATAM
 
  
EH
 
  
Total
 
  As at December 31,
  
 
2022
 
  
 
2021
 
  
 
2022
 
  
 
2021
 
  
 
2022
 
  
 
2021
 
  
 
2022
 
  
 
2021
 
Segment assets
  
$
        1,638,195
 
   $         1,547,005     
$
        838,063
 
   $         214,340     
$
        831,652
 
   $         440,629     
$
        3,307,910
 
   $         2,201,974  
                 
Goodwill
1
  
 
224,992
 
     242,804     
 
89,264
 
    
85,622
    
 
365,121
 
     237,844     
 
679,377
 
     566,270  
                 
Corporate
  
 
-
 
     -     
 
-
 
     -     
 
-
 
     -     
 
282,302
 
     (576,802)  
                 
Total segment assets
  
$
1,863,187
 
   $ 1,789,809     
$
927,327
 
   $ 299,962     
$
1,196,773
 
   $ 678,473     
$
4,269,589
 
   $ 2,191,442  
1
The total amount of goodwill in the Canada operating segment is $40.4 million and, in the USA
,
operating segment is $184.6 million.