XML 27 R5.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Operations and Comprehensive Income - CAD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Revenue $ 769,539 $ 654,143
Cost of sales 548,723 455,710
Depreciation 119,268 108,016
Gross profit 101,548 90,417
General and administrative expenses 29,855 35,374
Loss (gain) on disposal of property, plant and equipment 536 (85)
Operating income 71,157 55,128
Equity earnings in affiliates and joint ventures (37,053) (21,860)
Interest expense, net 24,543 19,032
Net realized and unrealized gain on derivative financial instruments (778) (2,737)
Income before income taxes 84,445 60,693
Current income tax expense 1,627 1,000
Deferred income tax expense 15,446 8,285
Net income 67,372 51,408
Unrealized foreign currency translation gain (304) (2)
Comprehensive income $ 67,676 $ 51,410
Per share information    
Basic net income per share (in CAD per share) $ 2.46 $ 1.81
Diluted net income per share (in CAD per share) $ 2.15 $ 1.64