XML 71 R49.htm IDEA: XBRL DOCUMENT v3.22.4
Stock-based compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
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,Note20222021
Restricted share unit plan19(a)$2,154 $2,335 
Performance restricted share unit plan19(b)2,522 2,165 
Deferred stock unit plan19(c)104 7,106 
 $4,780 $11,606 
Schedule of restricted share unit plan activity
Number of unitsWeighted-average exercise price
$ per share
Outstanding at December 31, 2020641,471 10.34 
Granted144,383 19.97 
Vested(220,116)8.44 
Forfeited(12,327)13.01 
Outstanding at December 31, 2021553,411 13.55 
Granted167,631 15.55 
Vested(169,689)14.13 
Forfeited(15,455)13.41 
Outstanding at December 31, 2022535,898 14.44 
Schedule of performance restricted share units
Number of unitsWeighted-average exercise price
$ per share
Outstanding at December 31, 2020492,557 8.86 
Granted112,079 20.04 
Vested(178,067)8.24 
Outstanding at December 31, 2021426,569 12.06 
Granted116,775 15.55 
Vested(111,630)14.13 
Outstanding at December 31, 2022431,714 12.47 
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, 2022 and 2021 using a Monte Carlo simulation with the following assumptions:
20222021
Risk-free interest rate3.14 %0.65 %
Expected volatility48.70 %50.96 %
Schedule of stock plan activity
Number of units
Outstanding at December 31, 20201,005,503 
Granted66,265 
Redeemed(139,124)
Outstanding at December 31, 2021932,644 
Granted87,569 
Redeemed 
Outstanding at December 31, 20221,020,213 
Schedule of stock options activity
Number of optionsWeighted-average
exercise price
$ per share
Outstanding at December 31, 2020125,000 4.16 
Exercised(i)
(125,000)4.16 
Outstanding at December 31, 2021  
(i) All stock options exercised resulted in new common shares being issued (note 16(a)).