| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||
692,077 | 615,607 | 607,798 | 548,523 | 441,860 | 397,321 | 333,175 | 358,005 | 526,384 |
Cost of goods sold | ||||||||
457,130 | 397,864 | 413,943 | 369,544 | 296,219 | 272,047 | 231,435 | 236,599 | 349,092 |
Gross margin | ||||||||
234,947 | 217,743 | 193,855 | 178,979 | 145,641 | 125,274 | 101,740 | 121,406 | 177,292 |
Expenses | ||||||||
Sales and marketing | ||||||||
75,594 | 64,242 | 54,144 | 50,476 | 42,182 | 37,067 | 37,188 | 42,472 | 54,835 |
Research and development (note 7) | ||||||||
83,361 | 73,077 | 74,020 | 80,937 | 73,112 | 61,785 | 60,903 | 60,890 | - |
Research and development (note 17) | ||||||||
- | - | - | - | - | - | - | - | 80,066 |
Administration | ||||||||
42,904 | 40,956 | 40,321 | 37,027 | 35,164 | 32,777 | 33,716 | 36,021 | 36,553 |
Acquisition-related costs | ||||||||
- | - | - | - | 508 | 3,182 | 0 | - | 7,785 |
Integration | ||||||||
- | - | - | - | 27 | 0 | 1,426 | 5,110 | 3,859 |
Restructuring (note 8) | ||||||||
1,076 | 0 | 951 | 1,598 | 171 | 2,251 | 837 | 7,640 | 20,605 |
Acquisition-related and integration | ||||||||
8,195 | 843 | 1,945 | 2,670 | - | - | - | - | - |
Impairment (note 17) | ||||||||
3,668 | 0 | 0 | 3,756 | 0 | 0 | - | - | - |
Impairment of intangible asset | ||||||||
- | - | - | - | - | - | 11,214 | - | - |
Amortization | ||||||||
20,508 | 17,277 | 12,360 | 9,109 | 12,141 | 10,418 | 10,709 | 11,990 | 11,313 |
Total expenses | ||||||||
235,306 | 196,395 | 183,741 | 185,573 | 163,305 | 147,480 | 155,993 | 164,123 | 215,016 |
Earnings (loss) from operations | ||||||||
-359 | 21,348 | 10,114 | -6,594 | -17,664 | -22,206 | -54,253 | -42,717 | -37,724 |
Foreign exchange gain (loss) | ||||||||
7,550 | -1,736 | -11,843 | -12,390 | 3,823 | 3,326 | -460 | -7,000 | 1,261 |
Other income (note 9) | ||||||||
67 | 83 | 115 | 854 | -98 | -196 | 35 | -241 | -4,399 |
Earnings (loss) before income taxes | ||||||||
7,258 | 19,695 | -1,614 | -18,130 | -13,939 | -19,076 | -54,678 | -49,958 | -40,862 |
Income tax expense (note 10) | ||||||||
3,123 | 4,310 | 1,060 | -1,277 | 1,611 | -14,874 | -3,968 | -14,985 | 340 |
Net loss from continuing operations | ||||||||
- | - | - | - | -15,550 | -4,202 | - | - | - |
Net earnings from discontinued operations (note 6) | ||||||||
- | - | - | - | 70,588 | 31,401 | - | - | - |
Net earnings (loss) | ||||||||
4,135 | 15,385 | -2,674 | -16,853 | 55,038 | 27,199 | - | - | - |
Other comprehensive income (loss), net of taxes: | ||||||||
Foreign currency translation adjustments, net of taxes of $nil | ||||||||
11,950 | -6,448 | -2,013 | 893 | 604 | 538 | - | - | - |
Total comprehensive earnings (loss) | ||||||||
16,085 | 8,937 | -4,687 | -15,960 | 55,642 | 27,737 | - | - | - |
Net loss from continuing operations | ||||||||
- | - | - | - | - | - | -50,710 | -34,973 | - |
Net earnings from discontinued operations (note 7) | ||||||||
- | - | - | - | - | - | 21,338 | 20,174 | - |
Net earnings (loss) | ||||||||
- | - | - | - | - | - | -29,372 | -14,799 | -41,202 |
Net loss attributable to non-controlling interest (note 25) | ||||||||
- | - | - | - | - | - | -57 | -258 | -1,303 |
Net earnings (loss) attributable to the Company | ||||||||
- | - | - | - | - | - | -29,315 | -14,541 | -39,899 |
Net earnings (loss) per share (in dollars) (note 12) | ||||||||
Basic | ||||||||
0.13 | 0.48 | -0.08 | -0.53 | - | - | - | - | -1.29 |
Diluted | ||||||||
0.13 | 0.48 | -0.08 | -0.53 | - | - | - | - | -1.29 |
Continuing operations | ||||||||
- | - | - | - | -0.50 | -0.14 | -1.62 | -1.12 | - |
Discontinued operations | ||||||||
- | - | - | - | 2.29 | 1.02 | 0.68 | 0.65 | - |
Basic and diluted net earnings (loss) per share (in dollars per share) | ||||||||
- | - | - | - | 1.79 | 0.88 | -0.94 | -0.47 | - |
Weighted average number of shares outstanding (in thousands) (note 12) | ||||||||
Basic | ||||||||
32,356 | 32,032 | 32,166 | 31,512 | - | - | 31,275 | 31,083 | - |
Diluted | ||||||||
32,893 | 32,335 | 32,166 | 31,512 | - | - | 31,275 | 31,083 | - |
Basic and diluted | ||||||||
- | - | - | - | 30,771 | 30,788 | - | - | - |