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Stock-based compensation (Tables)
12 Months Ended
Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of stock-based compensation expenses included in general and administrative expenses
Stock-based compensation expenses included in general and administrative expenses are as follows:
Year ended December 31,Note20202019
Restricted share unit plan17(a)$1,991 $1,933 
Performance restricted share unit plan17(b)2,031 1,892 
Deferred stock unit plan17(c)(2,078)5,618 
 $1,944 $9,443 
Schedule of performance restricted share units
  Number of unitsWeighted-average exercise price
$ per share
Outstanding at December 31, 2018741,117 5.92 
Granted122,274 13.12 
Vested(372,924)4.45 
Forfeited(8,560)8.09 
Outstanding at December 31, 2019481,907 8.85 
Granted211,754 8.55 
Vested(201,104)8.51 
Outstanding at December 31, 2020492,557 8.86 
Schedule of assumptions used in estimate of fair value
The Company estimated the fair value of the PSUs granted during the years ended December 31, 2020 and 2019 using a Monte Carlo simulation with the following assumptions:
20202019
Risk-free interest rate0.30 %1.43 %
Expected volatility48.71 %40.12 %
Schedule of stock plan activity
Number of units
Outstanding at December 31, 20181,126,239 
Granted82,191 
Redeemed(307,385)
Outstanding at December 31, 2019901,045 
Granted114,020 
Redeemed(9,562)
Outstanding at December 31, 20201,005,503 
Schedule of stock options activity
Number of optionsWeighted-average
exercise price
$ per share
Outstanding at December 31, 2018565,600 5.40 
Exercised(i)
(327,000)5.97 
Outstanding at December 31, 2019238,600 4.61 
Exercised(i)
(109,100)4.91 
Forfeited or expired(4,500)10.13 
Outstanding at December 31, 2020125,000 4.16 
(i) All stock options exercised resulted in new common shares being issued (note 15(a)).
Summary of information about stock options outstanding
The following table summarizes information about stock options outstanding at December 31, 2020:
  Options outstanding and exercisable
Exercise priceNumberWeighted-average
remaining life
Weighted-
average exercise
price
$2.7573,400 1.7 years$2.75 
$5.9131,100 3.0 years$5.91 
$6.5620,500 0.9 years$6.56 
 125,000 1.9 years$4.16 
Equity classified restricted share unit plan  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of restricted share unit plan activity
Number of unitsWeighted-average exercise price
$ per share
Outstanding at December 31, 2018948,093 5.88 
Granted193,450 13.40 
Vested(465,194)4.15 
Forfeited(26,272)6.01 
Outstanding at December 31, 2019650,077 9.35 
Granted298,142 8.55 
Vested(269,484)6.19 
Forfeited(37,264)8.81 
Outstanding at December 31, 2020641,471 10.34