XML 60 R22.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Provisions and Other | 12 Months Ended
--- | ---
Dec. 31, 2018
Disclosure Of Other Provisions [Abstract] |
Provisions and Other | NOTE 16. PROVISIONS AND OTHER
|  | Workers’ Compensation |
Balance December 31, 2016 |  | $ | 15,461 |
Expensed during the year |  |  | 2,613 |
Payment of deductibles and uninsured claims |  |  | (3,929 | )
Effects of foreign currency exchange differences |  |  | (913 | )
Balance December 31, 2017 |  |  | 13,232 |
Expensed during the year |  |  | 3,359 |
Payment of deductibles and uninsured claims |  |  | (4,271 | )
Effects of foreign currency exchange differences |  |  | 1,053 |
Balance December 31, 2018 |  | $ | 13,373 |
|  | 2018 |  |  | 2017 |
Current |  | $ | 2,796 |  |  | $ | 3,146 |
Long-term |  |  | 10,577 |  |  |  | 10,086 |
|  | $ | 13,373 |  |  | $ | 13,232 |
Precision maintains a provision for the deductible and uninsured portions of workers’ compensation and general liability claims. The amount accrued for the provision for losses incurred varies depending on the number and nature of the claims outstanding at the balance sheet dates. In addition, the accrual includes management’s estimate of the future cost to settle each claim such as future changes in the severity of the claim and increases in medical costs. Precision uses third parties to assist in developing the estimate of the ultimate costs to settle each claim, which is based on historical experience associated with the type of each claim and specific information related to each claim. The specific circumstances of each claim may change over time prior to settlement and, as a result, the estimates made as of the balance sheet dates may change.

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfOtherProvisionsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for other provisions, contingent liabilities and contingent assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 37 -IssueDate 2017-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=37&date=2017-03-01&anchor=sect_Disclosure&doctype=Standard -URIDate 2017-03-09 + Details
Name: | ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration