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Leases (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure Of Leases [Abstract]

Summary of Right-of-Use-Assets

Precision recognizes right-of-use assets primarily from its leases of real estate and vehicles and equipment.

		Real Estate				Vehicles and Equipment				Total
Balance, December 31, 2021		$	40,463			$	10,977			$	51,440
Additions			1,662				5,410				7,072
Acquired			6,990				—				6,990
Depreciation			(3,730	)			(3,535	)			(7,265	)
Lease remeasurements			(372	)			189				(183	)
Effect of foreign currency exchange differences			1,483				495				1,978
Balance, December 31, 2022		$	46,496			$	13,536			$	60,032
Additions			1,217				15,811				17,028
Acquired			574				892				1,466
Derecognition			(5,947	)			(685	)			(6,632	)
Depreciation			(3,559	)			(4,741	)			(8,300	)
Lease remeasurements			(789	)			1,314				525
Effect of foreign currency exchange differences			(480	)			(201	)			(681	)
Balance, December 31, 2023		$	37,512			$	25,926			$	63,438

Expected Non-cancellable Undiscounted Operating Lease Payments

Expected non-cancellable undiscounted operating lease payments are as follows:

		2023				2022
Less than one year		$	17,540			$	10,985
One to five years			42,460				28,977
More than five years			10,748				8,628
		$	70,748			$	48,590

Summary of Maturity Analysis of Lease Payments

The following table sets out a maturity analysis of lease payments, showing the undiscounted lease payments to be received subsequent to December 31, 2023: .

		Operating Leases				Finance Leases
Less than one year		$	430,702			$	764
One to five years			540,906				3,176
More than five years			57,061				3,473
Total undiscounted lease receipts		$	1,028,669			$	7,413
Unearned finance income on lease receipts							(1,639	)
Net investment in the lease						$	5,774

X

- Definition

The disclosure of a maturity analysis of operating lease payments. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 16
-IssueDate 2023-01-01
-Paragraph 97
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2023-en-r&anchor=para_97&doctype=Standard
-URIDate 2023-03-23

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X

- Definition

The disclosure of quantitative information about right-of-use assets. [Refer: Right-of-use assets]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 16
-IssueDate 2023-01-01
-Paragraph 53
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2023-en-r&anchor=para_53&doctype=Standard
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- Definition

The disclosure of detailed information about expected non-cancellable operating lease payments.

+ References

No definition available.

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Disclosure of leases.

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