XML 71 R45.htm IDEA: XBRL DOCUMENT v3.22.4

Share Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2022

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				Executive Performance Share Units				Non- Management Directors’ DSUs				Total
Balance, December 31, 2020		$	6,624			$	4,751			$	6,833			$	1,609			$	19,817
Expensed during the period			17,168				18,634				17,646				3,065				56,513
Reclassification from equity-settled plans			—				—				(3,164	)			—				(3,164	)
Payments			(5,742	)			(1,861	)			(4,808	)			—				(12,411	)
Balance, December 31, 2021			18,050				21,524				16,507				4,674				60,755
Expensed during the period			34,555				87,297				4,172				7,623				133,647
Settlement in shares			—				—				(14,083	)			—				(14,083	)
Reclassification from equity-settled plans			—				—				(406	)			—				(406	)
Payments			(14,372	)			(7,960	)			(6,190	)			—				(28,522	)
Foreign exchange			(43	)			(3	)			—				—				(46	)
Balance, December 31, 2022		$	38,190			$	100,858			$	—			$	12,297			$	151,345
Current			26,330				64,882				—				—				91,212
Long-term			11,860				35,976				—				12,297				60,133
Balance, December 31, 2022		$	38,190			$	100,858			$	—			$	12,297			$	151,345

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, 2020			484,782				565,379
Granted			356,928				488,510
Redeemed			(216,820	)			(40,515	)
Forfeited			(26,734	)			(29,640	)
December 31, 2021			598,156				983,734
Granted			180,710				311,579
Redeemed			(266,876	)			(143,659	)
Forfeited			(16,822	)			(14,983	)
December 31, 2022			495,168				1,136,671

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, 2020			148,665			$	87.00 – 286.20			$	138.86				141,156
Forfeited			(33,060	)			89.20 – 286.20				193.10
December 31, 2021			115,605				87.00 – 146.40				123.35				115,605
Exercised			(26,705	)			87.00 – 89.20				88.62
Forfeited			(65,845	)			89.20 – 286.20				141.05
December 31, 2022			23,055			$	87.00 – 145.97			$	113.01				23,055
U.S. Share Options		Options Outstanding				Range of Exercise Prices (US$)				Weighted Average Exercise Price (US$)				Options Exercisable
December 31, 2020			283,793			$	51.20 – 183.60			$	86.23				239,521
Forfeited			(15,950	)			183.60 – 183.60				183.60
December 31, 2021			267,843			$	51.20 – 115.80				80.43				257,854
Exercised			(93,890	)			51.20 – 68.80				61.64
Forfeited			(32,205	)			115.80 – 115.80				115.80
December 31, 2022			141,748			$	51.20 – 111.47			$	84.84				141,748

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
$    87.00			12,885			$	87.00				2.15				12,885			$	87.00
145.97			10,170				145.97				1.13				10,170				145.97
$    87.00 – 145.97			23,055			$	113.01				1.70				23,055			$	113.01

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$)
$    51.20 – 85.40			83,993			$	66.99				2.03				83,993			$	66.99
100.40 – 111.47			57,755				110.81				1.08				57,755				110.81
$    51.20 – 111.47			141,748			$	84.84				1.64				141,748			$	84.84

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, 2020			77,574
Granted			27,017
Balance December 31, 2021			104,591
Granted			14,183
Balance December 31, 2022			118,774

Equity Settled Plans

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:

Executive Performance Share Units		Outstanding
December 31, 2020			288,707
Redeemed			(96,355	)
Forfeited			(2,388	)
December 31, 2021			189,964
Redeemed			(189,964	)
December 31, 2022			—

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 2022-03-24
-Paragraph 45
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_45&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types: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 2022-03-24
-Paragraph 45
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_45_b&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types: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 2022-03-24
-Paragraph 45
-Subparagraph d
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_45_d&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types: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 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 2022-03-24
-Paragraph 50
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2022-en-r&anchor=para_50&doctype=Standard
-URIDate 2022-03-24

+ Details

Name:	ifrs-full_ExplanationOfEffectOfSharebasedPaymentsOnFinancialPositions
Namespace Prefix:	ifrs-full_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	ifrs-full_TypesOfSharebasedPaymentArrangementsAxis=pds_DeferredShareUnitsDsusMember
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: