| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Mar'11 |
|---|---|---|---|---|---|---|
Cash flows from (used in) operating activities: | ||||||
Net loss from continuing operations | ||||||
-61,106 | -99,395 | -99,154 | - | - | - | - |
Net loss for the year | ||||||
- | - | - | -147,978 | - | - | - |
Net loss for the year | ||||||
- | - | - | - | -185,410 | -98,774 | -42,142 |
Items not involving cash: | ||||||
Depreciation and amortization | ||||||
14,983 | 15,363 | 13,654 | 18,666 | 16,288 | 11,395 | 3,375 |
Stock-based compensation expense | ||||||
6,961 | 10,450 | 14,871 | 9,683 | 14,283 | 12,468 | 4,923 |
Unrealized foreign exchange (gain) loss | ||||||
-562 | -6,565 | 11,601 | 3,434 | 15,168 | -1,185 | - |
Deferred income tax (recovery) expense | ||||||
-1,644 | 2,340 | -514 | -1,185 | -541 | -409 | 489 |
Change in deferred lease inducements | ||||||
- | - | - | - | - | - | 58 |
Income from investments accounted for by the equity method | ||||||
12,514 | 5,838 | 17,551 | 15,863 | 13,444 | 16,190 | 8,627 |
Accretion of long-term debt and long-term royalty payable | ||||||
10,071 | 4,945 | 876 | 2,139 | - | - | - |
Impairments on long lived assets, net | ||||||
1,550 | 4,843 | 22,722 | 29,604 | - | - | - |
Amortization of long-term debt | ||||||
- | - | - | - | 1,643 | 2,094 | - |
Impairment of long lived assets | ||||||
- | - | - | - | 4,838 | 0 | - |
Inventory write-downs to net realizable value | ||||||
1,111 | 6,591 | 8,743 | 2,102 | 4,925 | 0 | - |
Bargain purchase gain from acquisition | ||||||
0 | 35,808 | 0 | 0 | - | - | - |
Provision for inventory purchase commitments | ||||||
- | - | - | 4,106 | 0 | 0 | - |
Intangible impairment | ||||||
- | - | - | - | 1,721 | 0 | - |
Goodwill impairment | ||||||
- | - | - | - | 34,964 | 0 | - |
Change in fair value of derivative liability and bad debt expense | ||||||
-1,397 | -1,670 | -587 | -1,338 | 37 | -340 | - |
Restructuring obligations | ||||||
-14,187 | 14,123 | 0 | 0 | - | - | - |
Accretion of long-term debt | ||||||
- | - | - | - | - | - | -1,992 |
Other | ||||||
- | - | - | - | - | - | -165 |
Changes in non-cash operating working capital: | ||||||
Accounts receivable | ||||||
-2,605 | 4,930 | -975 | -11,629 | 12,289 | -6,733 | -3,919 |
Inventories | ||||||
-4,565 | -31,352 | 5,997 | 1,367 | -5,179 | 7,920 | 1,927 |
Prepaid expenses | ||||||
93 | -952 | -661 | 556 | -513 | -179 | 457 |
Accounts payable and accrued liabilities | ||||||
6,755 | -22,836 | 9,526 | -4,749 | -2,064 | -742 | 127 |
Deferred revenue | ||||||
-2,143 | -4,974 | -1,507 | -5,096 | 5,208 | 3,115 | 162 |
Standard and Extended Product Warranty Accrual, Period Increase (Decrease) | ||||||
-6,330 | -5,855 | -5,359 | -5,797 | 22,602 | 1,979 | -384 |
Net cash from (used in) operating activities of continuing operations | ||||||
-47,457 | -80,442 | -69,068 | -106,758 | -116,789 | -84,547 | -38,443 |
Net cash from operating activities of discontinued operations | ||||||
5,924 | 1,121 | 0 | - | - | - | - |
Cash flows from (used in) investing activities: | ||||||
Purchase of property, plant and equipment | ||||||
25,288 | 8,654 | 4,845 | 10,249 | 26,450 | 30,363 | 3,171 |
Sale of short term investments, net | ||||||
- | - | - | 0 | - | - | - |
Maturity (purchase) of short-term investments, net | ||||||
- | - | - | -31,369 | - | - | - |
Purchase of intangible assets | ||||||
- | - | - | - | - | 989 | - |
Maturity (purchase) of short-term investments, net | ||||||
- | - | - | - | 5,771 | 22,520 | -3,376 |
Repayment of loan receivable | ||||||
- | - | - | - | - | 2,494 | -21,207 |
Increase loan payable | ||||||
- | - | - | - | - | 2,450 | 18,961 |
Repayment of loan payable | ||||||
- | - | - | - | - | 21,840 | - |
Acquisitions, net of acquired cash (note 5) | ||||||
0 | -45,344 | -787 | 3,053 | -1,178 | 1,125 | 13,016 |
Proceeds on sale of assets and investments | ||||||
85 | -26,334 | 27 | - | - | - | - |
Proceeds on sale of investments | ||||||
- | - | - | 0 | - | - | - |
Proceeds on sale of assets | ||||||
- | - | - | 0 | - | - | - |
Investment in equity interest (note 7(a)) | ||||||
- | - | - | - | - | - | 4,316 |
Dividends received from joint ventures | ||||||
16,633 | 13,398 | 20,464 | 3,200 | 8,287 | 22,600 | 6,000 |
Net cash from (used in) investing activities of continuing operations | ||||||
-8,740 | 76,422 | 16,379 | 21,267 | -22,756 | -49,293 | -13,373 |
Net cash from investing activities of discontinued operations | ||||||
77,148 | 0 | 0 | - | - | - | - |
Cash flows from (used in) financing activities: | ||||||
Repayment of demand installment loan | ||||||
- | - | - | - | - | - | 3,206 |
Drawings on operating lines of credit and long-term facilities | ||||||
42,641 | 9,184 | 5,432 | 17,797 | 0 | 4,245 | - |
Repayment of operating lines of credit and long-term facilities | ||||||
71,387 | 12,789 | 8,308 | 9,540 | 13,678 | 9,843 | 117 |
Proceeds from share issuance, net | ||||||
25,953 | 0 | 0 | - | 152,340 | 273,556 | 131,265 |
Issuance of long term debenture notes | ||||||
- | - | - | - | - | 0 | - |
Finance costs incurred | ||||||
- | - | - | 2,033 | 0 | 0 | - |
Proceeds from stock options exercised | ||||||
- | - | - | 242 | 741 | 969 | 3,298 |
Repayment of royalty payable | ||||||
-11,467 | 0 | 0 | 0 | - | - | - |
Issuance of convertible debt and royalty payable | ||||||
0 | 35,000 | 0 | - | - | - | - |
Share issuance costs | ||||||
- | - | - | - | 5,065 | 8,126 | 6,069 |
Net cash from (used in) financing activities of continuing operations | ||||||
-14,260 | 31,395 | -2,876 | 6,466 | 134,338 | 260,801 | 125,171 |
Effect of foreign exchange on cash and cash equivalents | ||||||
4,246 | 4,570 | -10,601 | -6,206 | -5,238 | -1,288 | 4,158 |
Increase (decrease) in cash and cash equivalents | ||||||
16,861 | 33,066 | -66,166 | - | - | - | - |
Increase (decrease) in cash and cash equivalents | ||||||
- | - | - | -85,231 | -10,445 | 125,673 | 77,513 |
Supplementary information: | ||||||
Interest paid | ||||||
4,416 | 4,339 | 4,551 | 4,702 | 3,911 | 3,532 | 1,729 |
Taxes paid, net of refunds | ||||||
722 | 2,479 | 1,238 | 871 | 1,321 | 1,982 | 842 |
Non-cash transactions: | ||||||
Shares issued for acquisitions | ||||||
0 | 98,742 | 1,162 | 3,285 | - | - | - |
Shares issued on exercise of performance share units | ||||||
- | - | - | - | 10,599 | 6,597 | 3,239 |
Common shares issued in connection with acquisitions (note 4b) | ||||||
- | - | - | - | - | 0 | - |
Cancellation of performance share units | ||||||
- | - | - | - | - | - | 895 |