Growth Charts

Financial Highlights

Resilient and diversified business model

Almost three decades of compounded annual growth driven primarily by organic growth

    Year Ended December 31
(US$ thousands, except per share amounts) 2021 2020 2019 2018 2017
Operations    
Revenues 3,249,072 2,772,415 2,407,410 1,931,473 1,729,031
Operating earnings (loss) 201,642 169,412 (174,419) 127,568 104,962
Net earnings (loss) 156,130 109,590 (227,631) 90,280 75,047
Financial position    
Total assets 2,509,023 2,196,540 1,955,469 1,007,474 848,266
Long-term debt 652,804 589,604 766,623 334,523 269,625
Redeemable non-controlling interests 219,135 193,034 174,662 151,585 117,708
Shareholders' equity 799,722 660,398 425,887 236,226 192,286
Common share data    
Net earnings (loss) per common share:    
Basic 3.08 2.04 (6.58) 1.83 1.43
Diluted 3.05 2.02 (6.58) 1.80 1.41
Weighted average common shares
  outstanding (thousands)
   
Basic 43,841 42,756 38,225 35,952 35,909
Diluted 44,401 43,184 38,662 36,571 36,559
Cash dividends per common share 0.73 0.66 0.60 0.54 0.49
Other data    
Adjusted EBITDA 327,376 283,722 235,182 190,611 159,312
Adjusted EPS 4.57 3.46 3.00 2.61 1.99
Notes
  1. Adjusted EBITDA is defined as net earnings before income tax, interest, depreciation, amortization, other (income) expense, acquisition-related items, and stock-based compensation expense.
  2. Adjusted earnings per share is defined as diluted net earnings per common share, adjusted for the effect, after income tax, of the non-controlling interest redemption increment, amortization, acquisition-related items, and stock-based compensation expense.