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Leases (Tables)

12 Months Ended

Dec. 31, 2024

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, 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
Additions			469				10,522				10,991
Derecognition			(433	)			(861	)			(1,294	)
Depreciation			(3,588	)			(6,086	)			(9,674	)
Effect of foreign currency exchange differences			1,700				871				2,571
Balance, December 31, 2024		$	35,660			$	30,372			$	66,032

Expected Non-cancellable Undiscounted Operating Lease Payments

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


		2024				2023
Less than one year		$	23,909			$	17,540
One to five years			50,232				42,460
More than five years			24,429				10,748
		$	98,570			$	70,748

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, 2024: .


		Operating Leases				Finance Leases
Less than one year		$	403,298			$	835
One to five years			434,317				3,545
More than five years			—				2,594
Total undiscounted lease receipts		$	837,615			$	6,974
Unearned finance income on lease receipts							(1,347	)
Net investment in the lease						$	5,627