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Provisions and Other
12 Months Ended
Dec. 31, 2021
Disclosure of other provisions [abstract]  
Provisions and Other
NOTE 16.
PROVISIONS AND OTHER
 
     
Workers’
              Compensation
 
Balance December 31, 2019
   $ 11,866  
Recovered during the year
     (750
Payment of deductibles and uninsured claims
     (2,698
Effects of foreign currency exchange differences
     (110
Balance December 31, 2020
     8,308  
Expensed during the year
     3,296  
Payment of deductibles and uninsured claims
     (2,815
Effects of foreign currency exchange differences
     (71
Balance December 31, 2021
  
$
8,718
 
 
     
                        2021
                            2020  
Current
  
$
2,205
   
  $ 745  
Long-term
  
 
6,513
 
    7,563  
 
  
$
8,718
 
  $        8,308   
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 statement of financial position 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. The current portion of the provision is presented within accounts payables and accrued liabilities.