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Segmented information
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segmented information Segmented information
a) General information
The Company provides a wide range of mining and heavy civil construction services to customer in the resource development and industrial construction sectors within Canada, the United States, and Australia. A significant portion of services are primarily focused on supporting the construction and operation of surface mines. The Company considers the basis on which it is organized, including geographic areas, to identify its operating segments. Operating segments of the Company are defined as components of the Company for which separate financial information is available and are evaluated regularly by the chief operating decision maker when allocating resources and assessing performance. The chief operating decision makers ("CODMs") are the President & CEO and the CFO of the Company.
The Company’s reportable segments are Heavy Equipment - Canada, Heavy Equipment - Australia, and Other. Heavy Equipment - Canada and Heavy Equipment - Australia include all of aspects of the mining and heavy civil construction services provided within those geographic areas. Other includes mine management contract work in the United States, external maintenance and rebuild programs and equity method investments.
Segment performance is evaluated by the CODMs based on gross profit and is measured consistently with gross profit in the consolidated financial statements. Inter-segment revenues are eliminated on consolidation and reflected in the Eliminations column.
b) Results by reportable segment
For the year ended December 31, 2024Heavy Equipment - AustraliaHeavy Equipment - CanadaOtherEliminationsTotal
Revenue from external customers$590,901 $555,301 $19,457 $— $1,165,659 
Revenue from intersegment transactions— — 27,742 (27,614)128 
Cost of sales396,684 381,668 37,306 (26,602)789,056 
Depreciation expense62,930 105,250 — (1,497)166,683 
Segment gross profits131,287 68,383 9,893 485 210,048 
Purchase of property, plant and equipment170,282 109,862 — — 280,144 
For the year ended December 31, 2023Heavy Equipment - AustraliaHeavy Equipment - CanadaOtherEliminationsTotal
Revenue from external customers$153,877 $760,590 $25,441 $— $939,908 
Revenue from intersegment transactions4,731 6,330 21,982 (8,271)24,772 
Cost of sales104,761 545,477 35,437 (7,147)678,528 
Depreciation expense13,240 116,660 — 1,419 131,319 
Segment gross profits40,607 104,783 11,986 (2,543)154,833 
Purchase of property, plant and equipment56,367 146,442 — — 202,809 
Revenue from intersegment transactions includes transactions with the Company's joint ventures accounted for using the equity method which are not eliminated upon consolidation.
Segment assetsDecember 31, 2024December 31, 2023
Heavy Equipment - Canada$1,143,415 $1,079,370 
Heavy Equipment - Australia986,397 718,114 
Other343,690 307,850 
Eliminations(779,238)(558,856)
$1,694,264 $1,546,478 
c) Reconciliation
Income before income taxes
For the year ended December 31,20242023
Total gross profit for reportable segments$210,048 $154,833 
Less: unallocated corporate items:
General and administrative costs55,951 56,844 
Loss on disposal of property, plant and equipment767 1,659 
Equity earnings in affiliates and joint ventures(15,299)(25,199)
Interest expense59,340 36,948 
Change in fair value of contingent obligations53,206 4,681 
Gain on derivative financial instruments(3,952)(6,063)
Income before income taxes$60,035 $85,963 
d) Geographic information
Revenue
20242023
Australia$590,901 $151,789 
Canada566,669 802,932 
United States8,217 9,959 
$1,165,787 $964,680 
Revenue from external customers is attributed to countries on the basis of the customer's location.
Long lived assets
20242023
Australia$581,992 $452,519 
Canada697,060 717,324 
$1,279,052 $1,169,843 
Long lived assets consists of property, plant and equipment, lease assets, deferred tax assets, and other assets including intangibles. Geographic information is attributed to countries based on the location of the assets.