XML 29 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations and Comprehensive Income - CAD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenue $ 957,220 $ 769,539
Cost of sales 671,684 548,723
Depreciation 131,319 119,268
Gross profit 154,217 101,548
General and administrative expenses 56,844 29,855
Loss on disposal of property, plant and equipment 1,659 536
Operating income 95,714 71,157
Equity earnings in affiliates and joint ventures (25,815) (37,053)
Interest expense, net 36,948 24,543
Change in fair value of contingent consideration 4,681 0
Gain on derivative financial instruments (6,063) (778)
Income before income taxes 85,963 84,445
Current income tax expense 6,841 1,627
Deferred income tax expense 15,981 15,446
Net income 63,141 67,372
Unrealized foreign currency translation loss (gain) 713 (304)
Comprehensive income $ 62,428 $ 67,676
Per share information    
Basic net income per share (in CAD per share) $ 2.38 $ 2.46
Diluted net income per share (in CAD per share) $ 2.09 $ 2.15