XML 76 R38.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Share Based Compensation Plans (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Disclosure of Liability Classified Plans | Liability Classified Plans
|  | Restricted Share Units |  | Performance Share Units |  | Share Appreciation Rights |  | Non- Management Directors’ DSUs |  | Total |
Balance, December 31, 2015 |  | $ | 10,459 |  | $ | 19,624 |  | $ | 6 |  | $ | 2,383 |  | $ | 32,472 |
Expensed (recovered) during the period |  |  | 10,888 |  |  | 18,920 |  |  | (3 | ) |  | 2,219 |  |  | 32,024 |
Payments |  |  | (5,755 | ) |  | (9,499 | ) |  | — |  |  | — |  |  | (15,254 | )
Balance, December 31, 2016 |  |  | 15,592 |  |  | 29,045 |  |  | 3 |  |  | 4,602 |  |  | 49,242 |
Expensed (recovered) during the period |  |  | 2,115 |  |  | (4,188 | ) |  | (3 | ) |  | (1,090 | ) |  | (3,166 | )
Payments |  |  | (10,757 | ) |  | (13,450 | ) |  | — |  |  | — |  |  | (24,207 | )
Balance, December 31, 2017 |  | $ | 6,950 |  | $ | 11,407 |  | $ | — |  | $ | 3,512 |  | $ | 21,869 |
Current |  | $ | 4,719 |  | $ | 3,614 |  | $ | — |  | $ | — |  | $ | 8,333 |
Long-term |  |  | 2,231 |  |  | 7,793 |  |  | — |  |  | 3,512 |  |  | 13,536 |
|  | $ | 6,950 |  | $ | 11,407 |  | $ | — |  | $ | 3,512 |  | $ | 21,869 |
Summary of Shares Outstanding Under Share Based Incentive Plans | A summary of the RSUs and PSUs outstanding under these share based incentive plans is presented below:
|  | RSUs Outstanding |  |  | PSUs Outstanding |
December 31, 2015 |  |  | 2,896,818 |  |  |  | 4,898,455 |
Granted |  |  | 1,911,200 |  |  |  | 3,443,600 |
Redeemed |  |  | (1,311,580 | ) |  |  | (1,136,720 | )
Forfeitures |  |  | (367,399 | ) |  |  | (711,537 | )
December 31, 2016 |  |  | 3,129,039 |  |  |  | 6,493,798 |
Granted |  |  | 1,343,669 |  |  |  | 828,400 |
Redeemed |  |  | (1,404,271 | ) |  |  | (1,325,692 | )
Forfeitures |  |  | (271,579 | ) |  |  | (270,247 | )
December 31, 2017 |  |  | 2,796,858 |  |  |  | 5,726,259 |
Summary of Status of Equity Incentive Plan | A summary of the status of the equity incentive plan is presented below:
Canadian Share Options |  | Options Outstanding |  |  | Range of Exercise Prices |  | Weighted Average Exercise Price |  |  | Options Exercisable |
December 31, 2015 |  |  | 6,168,596 |  |  | $ 5.22 – 14.50 |  | $ | 8.93 |  |  |  | 3,870,673 |
Granted |  |  | 615,200 |  |  | 4.46 – 4.46 |  |  | 4.46 |  |  |  |  |
Exercised |  |  | (295,768 | ) |  | 5.22 – 5.85 |  |  | 5.85 |  |  |  |  |
Forfeitures |  |  | (299,356 | ) |  | 5.85 – 11.16 |  |  | 7.57 |  |  |  |  |
December 31, 2016 |  |  | 6,188,672 |  |  | 4.46 – 14.50 |  |  | 8.70 |  |  |  | 4,369,155 |
Granted |  |  | 377,100 |  |  | 7.30 – 7.30 |  |  | 7.30 |  |  |  |  |
Forfeitures |  |  | (1,665,412 | ) |  | 7.32 – 14.50 |  |  | 8.98 |  |  |  |  |
December 31, 2017 |  |  | 4,900,360 |  |  | $ 4.46 – 14.50 |  | $ | 8.50 |  |  |  | 3,734,019 |
U.S. Share Options |  | Options Outstanding |  |  | Range of Exercise Prices (US$) |  | Weighted Average Exercise Price (US$) |  |  | Options Exercisable |
December 31, 2015 |  |  | 4,582,237 |  |  | $ 4.95 – 15.21 |  | $ | 8.30 |  |  |  | 2,468,185 |
Granted |  |  | 2,130,700 |  |  | 3.21 – 5.02 |  |  | 3.30 |  |  |  |  |
Exercised |  |  | (31,000 | ) |  | 4.95 – 4.95 |  |  | 4.95 |  |  |  |  |
Forfeitures |  |  | (1,344,867 | ) |  | 3.21 – 10.74 |  |  | 6.86 |  |  |  |  |
December 31, 2016 |  |  | 5,337,070 |  |  | 3.21 – 15.21 |  |  | 6.69 |  |  |  | 2,626,326 |
Granted |  |  | 1,165,900 |  |  | 3.99 – 5.57 |  |  | 5.56 |  |  |  |  |
Forfeitures |  |  | (944,349 | ) |  | 5.79 – 10.96 |  |  | 8.42 |  |  |  |  |
December 31, 2017 |  |  | 5,558,621 |  |  | $ 3.21 – 15.21 |  | $ | 6.16 |  |  |  | 2,891,808 |
Range of Exercise Prices for Options Outstanding |
Canadian Share Options |  | Total Options Outstanding |  |  | Options Exercisable |
Range of Exercise Prices: |  | Number |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Life (Years) |  |  | Number |  |  | Weighted Average Exercise Price |
$ 4.46 – 7.99 |  |  | 2,153,234 |  |  | $ | 6.50 |  |  |  | 4.74 |  |  |  | 986,893 |  |  | $ | 6.73 |
8.00 – 9.99 |  |  | 830,017 |  |  |  | 9.02 |  |  |  | 2.11 |  |  |  | 830,017 |  |  |  | 9.02 |
10.00 – 14.50 |  |  | 1,917,109 |  |  |  | 10.51 |  |  |  | 1.45 |  |  |  | 1,917,109 |  |  |  | 10.51 |
$ 4.46 – 14.50 |  |  | 4,900,360 |  |  | $ | 8.50 |  |  |  | 3.01 |  |  |  | 3,734,019 |  |  | $ | 9.18 |
U.S. Share Options |  | Total Options Outstanding |  |  | Options Exercisable |
Range of Exercise Prices (US$): |  | Number |  |  | Weighted Average Exercise Price (US$) |  |  | Weighted Average Remaining Contractual Life (Years) |  |  | Number |  |  | Weighted Average Exercise Price (US$) |
$ 3.21 – 4.99 |  |  | 1,731,100 |  |  | $ | 3.23 |  |  |  | 5.16 |  |  |  | 572,460 |  |  | $ | 3.23 |
5.00 – 7.99 |  |  | 2,127,900 |  |  |  | 5.64 |  |  |  | 5.26 |  |  |  | 619,727 |  |  |  | 5.76 |
8.00 – 15.21 |  |  | 1,699,621 |  |  |  | 9.79 |  |  |  | 1.82 |  |  |  | 1,699,621 |  |  |  | 9.79 |
$ 3.21 – 15.21 |  |  | 5,558,621 |  |  | $ | 6.16 |  |  |  | 4.18 |  |  |  | 2,891,808 |  |  | $ | 7.63 |
Share Appreciation Rights [Member] |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Summary of Shares Outstanding Under Share Based Incentive Plans |
Share Appreciation Rights |  | Outstanding |  |  | Range of Exercise Price (US$) |  | Weighted Average Exercise Price (US$) |  |  | Exercisable |
December 31, 2015 |  |  | 343,132 |  |  | $ 15.22 – 17.38 |  | $ | 15.93 |  |  |  | 343,132 |
Forfeited |  |  | (89,756 | ) |  | 15.22 – 13.26 |  |  | 17.22 |  |  |  |  |
December 31, 2016 |  |  | 253,376 |  |  | 15.22 – 15.79 |  |  | 15.47 |  |  |  | 253,376 |
Forfeited |  |  | (117,207 | ) |  | 15.22 – 17.38 |  |  | 15.75 |  |  |  |  |
December 31, 2017 |  |  | 136,169 |  |  | $ 15.22 – 15.22 |  | $ | 15.22 |  |  |  | 136,169 |
|  | Total SARs Outstanding and Exercisable |
Range of Exercise Prices (US$): |  | Number |  |  | Weighted Average Exercise Price (US$) |  |  | Weighted Average Remaining Contractual Life (Years) |
$ 15.22 – 15.79 |  |  | 136,169 |  |  | $ | 15.22 |  |  |  | 0.16 |
Deferred Share Units (DSUs) [Member] |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Summary of Shares Outstanding Under Share Based Incentive Plans | A summary of the DSUs outstanding under this share based incentive plan is presented below:
Deferred Share Units |  | Outstanding |
Balance December 31, 2015 |  |  | 428,028 |
Granted |  |  | 193,793 |
Balance December 31, 2016 |  |  | 621,821 |
Granted |  |  | 331,456 |
Balance December 31, 2017 |  |  | 953,277 |
Deferred Share Units (DSUs) [Member] | Equity-Settled Plans [Member] |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Summary of Shares Outstanding Under Share Based Incentive Plans | A summary of this share based incentive plan is presented below:
Deferred Share Units |  | Outstanding |
December 31, 2016 and 2017 |  |  | 195,743 |
Executive Performance Share Units [Member] |
Disclosure of terms and conditions of share-based payment arrangement [Line Items] |
Summary of Shares Outstanding Under Share Based Incentive Plans | . A summary of the activity under this share based incentive plan is presented below:
|  | Outstanding |  |  | Weighted Fair Value |
December 31, 2016 |  |  | — |  |  | $ | — |
Granted |  |  | 1,159,000 |  |  |  | 6.00 |
December 31, 2017 |  |  | 1,159,000 |  |  | $ | 6.00 |

X
- Definition The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IFRS -Number 2 -IssueDate 2016-01-13 -Paragraph 45 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2016-03-30&anchor=para_45&doctype=Standard -URIDate 2016-03-31 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2016-01-13 -Paragraph 45 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2016-03-30&anchor=para_45_b&doctype=Standard -URIDate 2016-03-31 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average remaining contractual life of outstanding share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2016-01-13 -Paragraph 45 -Subparagraph d -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2016-03-30&anchor=para_45_d&doctype=Standard -URIDate 2016-03-31 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes of the table. + References No definition available. + Details
Name: | ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The explanation that enables users of financial statements to understand the effect of share-based payment transactions on the entity's financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2016-01-13 -Paragraph 50 -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2016-03-30&anchor=para_50&doctype=Standard -URIDate 2016-03-31 + Details
Name: | ifrs-full_ExplanationOfEffectOfSharebasedPaymentsOnFinancialPositions
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=pds_ShareAppreciationRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=pds_DeferredShareUnitsDsusMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_DefinedBenefitPlansAxis=pds_EquitysettledPlansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=pds_ExecutivePerformanceShareUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |