|
Net income
|
|
($11.9m)
|
($7.7m)
|
($13.6m)
|
$7.0m
|
$2.8m
|
$26.7m
|
$37.5m
|
|
Depreciation and amortization
|
|
$693k
|
$1.2m
|
$2.0m
|
$2.3m
|
$3.1m
|
$3.4m
|
$3.2m
|
|
Share-based compensation
|
|
$659k
|
$1.6m
|
$2.3m
|
$4.7m
|
$6.0m
|
$7.3m
|
$6.0m
|
|
Income tax expense (recovery)
|
|
—
|
$389k
|
$11k
|
$764k
|
$2.0m
|
($3.0m)
|
($13.1m)
|
|
Loss on disposal of assets
|
|
—
|
—
|
$0
|
$11k
|
$196k
|
$1k
|
$24k
|
|
Unrealized foreign exchange loss (gain)
|
|
$922k
|
$1.9m
|
$338k
|
($11.6m)
|
$4.0m
|
($3.6m)
|
$2.2m
|
|
Finance income, net
|
|
$796k
|
$130k
|
$65k
|
($3.5m)
|
($8.7m)
|
($2.4m)
|
($1.2m)
|
|
Trade and other receivables
|
|
($4.0m)
|
($4.6m)
|
($12.3m)
|
($8.9m)
|
($3.7m)
|
($4.5m)
|
($7.8m)
|
|
Prepaids and deposits
|
|
($335k)
|
($942k)
|
($4.2m)
|
$225k
|
$555k
|
($2.9m)
|
($2.5m)
|
|
Contract costs, net
|
|
—
|
($1.5m)
|
($2.5m)
|
($5.6m)
|
($6.3m)
|
($3.5m)
|
($3.9m)
|
|
Trade and other payables
|
|
$2.8m
|
$4.8m
|
$7.5m
|
$4.4m
|
$5.5m
|
$4.5m
|
($1.4m)
|
|
Employee benefit obligations
|
|
$420k
|
$652k
|
$331k
|
$259k
|
$362k
|
$246k
|
$173k
|
|
Deferred revenue
|
|
$5.2m
|
$9.1m
|
$16.9m
|
$12.7m
|
$10.9m
|
$7.1m
|
$12.0m
|
|
Cash from operating activities
|
|
($4.6m)
|
$5.2m
|
($3.3m)
|
$2.3m
|
$16.0m
|
$29.2m
|
$28.2m
|
|
Purchase of property and equipment
|
|
($366k)
|
($1.1m)
|
($1.1m)
|
($1.1m)
|
($635k)
|
($1.2m)
|
($981k)
|
|
Payments related to acquisitions
|
|
—
|
—
|
—
|
($93k)
|
($216k)
|
($250k)
|
($859k)
|
|
Cash used in investing activities
|
|
($366k)
|
($3.9m)
|
($1.1m)
|
($2.2m)
|
($9.5m)
|
($1.5m)
|
($1.8m)
|
|
Payments received on net investment in finance lease
|
|
$87k
|
$92k
|
$95k
|
$159k
|
$105k
|
$80k
|
$43k
|
|
Repayment of lease obligations
|
|
($879k)
|
($1.1m)
|
($1.3m)
|
($1.4m)
|
($1.8m)
|
($2.0m)
|
($1.8m)
|
|
Interest received
|
|
—
|
$317k
|
$404k
|
$2.1m
|
$8.0m
|
$2.5m
|
$1.4m
|
|
Proceeds from exercise of stock options
|
|
$374k
|
$244k
|
$1.0m
|
$172k
|
$1.6m
|
$3.1m
|
$313k
|
|
Proceeds from share issuance under employee share purchase plan
|
|
—
|
$0
|
$244k
|
$636k
|
$524k
|
$522k
|
$467k
|
|
Shares repurchased for cancellation
|
|
—
|
—
|
—
|
$0
|
($159.4m)
|
($11.0m)
|
($47.0m)
|
|
Cash used in financing activities
|
|
$47.4m
|
$172.3m
|
$422k
|
$1.6m
|
($151.0m)
|
($6.8m)
|
($46.6m)
|
|
Net change in cash and cash equivalents during the year
|
|
$42.4m
|
$173.5m
|
($4.0m)
|
$1.7m
|
($144.6m)
|
$20.9m
|
($20.3m)
|
|
Effect of foreign exchange on cash and cash equivalents
|
|
$103k
|
($150k)
|
($358k)
|
($745k)
|
$218k
|
($323k)
|
$1.8m
|
|
Cash and cash equivalents, beginning of the year
|
|
$46.3m
|
$219.7m
|
$215.3m
|
$216.3m
|
$72.0m
|
$92.5m
|
$74.0m
|
|
Income taxes paid
|
|
—
|
—
|
($252k)
|
($589k)
|
($884k)
|
($292k)
|
($3.2m)
|