7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2013-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-09-30 2006-06-30 2006-03-31 2005-09-30 2005-06-30 2005-03-31 2004-09-30 2004-06-30 2004-03-31 2003-09-30 2003-06-30 2003-03-31 
      
    		                                                                       
      cash provided by:
    		                                                                       
      operating activities:
    		                                                                       
      net income
    		95,200,000 109,700,000 113,300,000 118,400,000 76,000,000 111,000,000 107,400,000 84,200,000 63,200,000 86,800,000 -28,200,000 45,322,000 42,924,000 53,411,000 178,101,000 30,577,000 32,357,000 60,781,000 28,139,000 48,920,000 45,490,000 53,119,000 22,829,000 51,565,000 25,272,000 54,131,000 18,172,000 35,460,000 23,112,000 45,727,000 17,207,000 36,837,000 10,323,000 17,713,000 10,433,000 27,927,000 -5,000,000 40,591,000 29,994,000                                 
      adjustments for items not affecting cash:
    		                                                                       
      depreciation and amortization
    		124,700,000 116,700,000 114,500,000 114,500,000 111,900,000 110,300,000 107,700,000 105,300,000 101,100,000 109,600,000 36,200,000 24,342,000 24,290,000                               26,536,000 2,139,000 2,729,000 6,409,000 23,938,000 216,000 618,000 6,989,000 18,128,000 653,000 379,000 5,604,000 14,524,000 110,000 558,000 4,225,000 1,277,000   -266,000   201,000      
      share-based payments expense
    		22,800,000 26,000,000 15,600,000 17,200,000 10,100,000 20,000,000 15,100,000 15,900,000 14,900,000 12,800,000 12,200,000 10,268,000 9,869,000 13,937,000 7,590,000 8,029,000                                                        
      deferred income tax benefit
    		  -5,000,000 -24,700,000 -13,500,000 -21,200,000 -9,800,000                                                                 
      unrealized foreign exchange gain
    		       1,200,000 -1,400,000 2,000,000 4,800,000                  409,000     -1,247,000 -240,000   609,000 -621,000                                 
      gain on disposition of property, plant and equipment
    		-1,200,000 0 -400,000 -600,000 -500,000 -300,000 -2,400,000 -500,000 -500,000 -2,700,000 -1,200,000 -334,000 -332,000 -347,000 -169,820,000 -125,000 -1,068,000 -175,000 -68,000 -23,000 -276,000 -1,213,000 -47,000 -36,000 -821,000 -101,000 -149,000     -585,000 -42,000 -308,000 -721,000 -265,000 -570,000 -201,000 -246,000                                 
      loss on deconsolidation
    		0                                                                       
      allowance for expected credit losses
    		-1,400,000 400,000 1,100,000 -300,000 500,000 1,700,000 3,200,000                                                                 
      amortization of debt issuance costs
    		2,300,000 2,700,000 2,100,000 2,800,000 3,000,000 3,000,000 3,700,000 3,000,000 2,500,000 3,700,000 900,000 768,000 752,000 1,504,000 848,000 771,000 712,000 723,000 720,000 748,000 798,000 821,000 756,000 1,385,000 936,000 831,000 934,000 1,963,000 959,000 1,007,000 1,066,000                                         
      amortization of right-of-use assets
    		41,100,000 39,500,000 38,700,000 39,700,000 38,900,000 38,300,000 37,500,000 37,000,000 35,000,000 32,900,000 5,000,000 5,444,000 5,343,000 5,131,000 3,455,000 3,374,000 3,178,000 3,108,000 3,172,000 3,046,000 2,876,000 2,975,000 3,343,000                                                 
      other
    		6,600,000 2,900,000 2,600,000 -17,400,000 6,500,000 5,900,000 3,700,000 3,000,000 6,300,000 -100,000 800,000 1,252,000 19,000 1,694,000 1,111,000 499,000 685,000 384,000 1,184,000 -961,000 493,000 652,000 1,282,000 -7,113,000 3,725,000 2,657,000 3,510,000 2,319,000 243,000 -7,010,000 2,131,000 110,000 111,000 14,000 114,000 -303,000 -511,000 441,000 -173,000 -4,436,000 2,813,000 3,011,000 -2,090,000 340,000 -193,000 508,000 -396,000 64,000 -804,000 1,039,000 -396,000 -4,177,000 2,782,000 1,526,000 -2,331,000 91,000 -1,062,000 -3,909,000 -44,000 4,423,000   -1,692,000 -142,000 1,296,000 -2,388,000 493,000 325,000    
      net changes in operating assets and liabilities
    		-50,400,000 7,600,000 -125,400,000 -80,100,000 53,400,000 68,700,000 -141,800,000 116,700,000 -51,100,000 -122,500,000 -86,800,000 121,355,000 -12,017,000 -86,857,000 128,701,000 -55,504,000 27,361,000 -65,278,000 117,855,000 -83,046,000 -8,912,000 109,534,000 -46,710,000 -62,770,000 103,336,000 8,631,000 27,405,000 -21,323,000 -47,471,000 -22,021,000 25,265,000 -1,570,000 -41,843,000 -59,655,000 112,045,000 -28,300,000 91,913,000 -147,664,000 94,733,000                                 
      net cash from operating activities
    		239,700,000 326,500,000 156,800,000 184,500,000 285,400,000 337,300,000 124,800,000 337,300,000 156,800,000 107,200,000 -57,300,000 199,149,000 65,880,000 12,892,000 185,134,000 13,468,000 92,731,000 30,700,000 180,687,000 -7,679,000 67,227,000 194,192,000 4,132,000 23,688,000 148,750,000 88,452,000 71,903,000 47,133,000 -10,711,000 40,620,000 67,238,000 49,051,000 -17,490,000 -19,837,000 134,542,000 14,135,000 125,868,000 -96,459,000 134,014,000                                 
      investing activities:
    		                                                                       
      acquisition of j.m. wood, net of cash acquired
    		                                                                       
      property, plant and equipment additions
    		-51,200,000 -84,800,000 -54,300,000 -56,600,000 -36,900,000 -28,700,000 -45,200,000 -74,300,000 -61,400,000 -68,700,000 -23,500,000 -5,693,000 -21,757,000 -2,520,000 -2,002,000 -2,832,000 -2,368,000 -3,060,000 -1,556,000 -4,398,000 -3,725,000 -2,645,000 -3,495,000 -6,674,000 -2,297,000 -1,817,000 -2,801,000 -3,466,000 -7,592,000 -3,238,000 -2,564,000 -2,726,000 -3,812,000 -2,411,000 -1,863,000 -6,318,000 -7,603,000 -2,553,000 -2,444,000 -19,335,000 3,662,000 -7,606,000 -14,791,000                             
      proceeds on disposition of property, plant and equipment
    		2,300,000 1,000,000 1,100,000 1,100,000 500,000 500,000 500,000 1,000,000 500,000 29,700,000 1,400,000 352,000 58,000 473,000 164,659,000 244,000 1,325,000 276,000 66,000 108,000 171,000 15,773,000 333,000 319,000 5,027,000 321,000 262,000 8,062,000 891,000 567,000 1,066,000 1,498,000 1,036,000 946,000 1,505,000 3,432,000 1,831,000 604,000 824,000 13,703,000 -2,763,000 -1,117,000 4,669,000                             
      intangible asset additions
    		-30,000,000 -33,500,000 -27,700,000 -25,800,000 -27,500,000 -27,800,000 -28,400,000 -35,000,000 -38,400,000 -28,000,000 -16,900,000 -11,740,000 -12,495,000 -7,968,000 -7,762,000 -8,070,000 -8,240,000 -8,592,000 -8,769,000 -8,987,000 -6,642,000 -6,024,000 -7,220,000 -9,038,000 -6,202,000 -6,550,000 -5,625,000 -6,742,000 -7,137,000 -5,239,000 -7,034,000 -8,102,000 -10,358,000 -4,460,000 -5,664,000 -5,517,000 -5,348,000 -2,982,000 -3,711,000                                 
      proceeds from repayment of loans receivable
    		10,700,000 3,700,000 1,400,000                                                                     
      issuance of loans receivable
    		-3,400,000 -10,900,000 -22,100,000 -3,300,000 -15,300,000 -1,100,000 -4,400,000 0 -11,100,000 -6,800,000 -900,000 -15,010,000 -934,000 -4,994,000 -1,099,000 0 0                                                       
      net cash from investing activities
    		-237,400,000 -126,000,000 -101,900,000 -92,000,000 -77,900,000 -54,200,000 -77,500,000 -106,000,000 -109,800,000 -69,500,000 -2,823,000,000 -31,008,000 -31,938,000 -14,667,000 154,945,000 -181,690,000 -9,073,000 -13,268,000 -10,035,000 -266,530,000 -10,044,000 7,126,000 -7,274,000 -15,375,000 -3,472,000 -9,046,000 -8,164,000 -2,146,000 -7,691,000 -7,910,000 -13,206,000 -9,355,000 -15,572,000 -680,005,000 -6,022,000 -19,546,000 -58,705,000 -5,295,000 -33,316,000 -12,301,000 1,245,000 -6,965,000 -12,088,000                             
      financing activities:
    		                                                                       
      dividends paid to common stockholders
    		-58,200,000 -53,800,000 -53,500,000 -53,600,000 -53,500,000 -49,600,000 -49,300,000 -49,300,000 -49,200,000 -49,100,000 -150,400,000                                                             
      dividends paid to series a senior preferred shareholders
    		-8,800,000 -8,500,000 -8,600,000 -8,600,000 -8,600,000 -8,500,000 -8,500,000 -8,500,000 -8,500,000 -8,500,000 -4,900,000                                                             
      proceeds from exercise of options and share option plans
    		8,200,000 22,900,000 4,300,000 18,000,000 5,600,000 29,800,000 22,100,000 28,200,000 11,500,000 3,300,000 700,000 109,000 2,901,000 1,876,000 986,000 2,335,000 3,216,000 3,980,000 6,719,000                                                     
      payment of withholding taxes on issuance of shares
    		-400,000 -5,000,000 -15,200,000 -200,000 -3,400,000 -800,000 -10,400,000 -1,300,000 -100,000 -4,500,000 -10,000,000 -95,000 -144,000 -2,185,000 -1,531,000 -123,000 -5,000 -1,613,000 -7,542,000 -2,786,000 -549,000 -337,000 -2,984,000 0 -345,000 -2,868,000 -2,047,000 0 -544,000                                           
      net increase in short-term debt
    		-14,800,000 21,500,000 34,500,000 -1,900,000 200,000 4,500,000 11,700,000   -6,100,000 -5,400,000 4,952,000 -6,898,000 -12,654,000 15,376,000 -12,337,000 -16,113,000 9,728,000 -2,886,000                                                     
      proceeds from long-term debt
    		0       0 0 0 3,175,000,000                     0 0   600,519,000 0                                   
      repayment of long-term debt
    		-12,900,000 -325,000,000 -1,000,000 -101,100,000 -101,100,000 -101,100,000 -151,100,000 -51,100,000 -1,100,000 -101,100,000 -501,100,000 -36,074,000 -1,154,000 -931,074,000 -162,698,000 0 0 -2,702,000 -2,626,000 -2,577,000 -2,501,000 -4,397,000 -4,236,000 -47,260,000 -14,508,000 -2,279,000 -12,235,000 -32,188,000 -2,270,000 -27,318,000 -29,237,000 -4,256,000 -4,154,000   -101,590,000 0       0        -172,000 5,000 -3,000 -68,000 -187,000 -2,000 -4,000 -58,000 -1,000   -8,515,000 -2,749,000 -1,059,000       
      payment of debt issuance costs
    		0                                                                       
      repayment of finance lease and equipment financing obligations
    		-7,600,000 -9,500,000 -6,500,000 -6,800,000 -6,800,000 -6,400,000 -6,500,000                                                                 
      proceeds from equipment financing obligations
    		800,000 900,000 1,000,000  300,000 600,000 1,100,000                                                                 
      payment of contingent consideration
    		   0    100,000                                                                
      net cash from financing activities
    		-95,600,000 -85,900,000 -45,000,000 -153,900,000 -169,200,000 -131,500,000 -190,900,000 -52,600,000 -55,400,000 -174,300,000 2,958,500,000 -64,118,000 -37,681,000 -976,030,000 -180,293,000 1,064,164,000 -52,396,000 -17,715,000 -33,145,000 -20,319,000 -13,331,000 -29,450,000 -48,361,000 -43,265,000 -32,433,000 -66,824,000 -44,696,000 -41,911,000 -7,731,000 -39,048,000 -45,417,000 -22,780,000 -27,072,000 185,482,000 -15,065,000 453,753,000 -942,000 -22,958,000 -25,710,000    44,953,000                             
      effect of changes in foreign currency rates on cash, cash equivalents, and restricted cash
    		-3,400,000 19,600,000 3,100,000 -19,900,000 6,200,000 -3,400,000 -6,900,000 10,000,000 -5,700,000 2,900,000 2,900,000 6,849,000 -12,847,000 -20,613,000 7,840,000 -1,844,000 -5,631,000 1,386,000 -2,782,000 11,124,000 8,434,000 10,220,000 -12,828,000 3,821,000 -452,000 3,178,000 -1,376,000  898,000 -5,740,000 1,627,000 -120,000                                        
      cash and cash equivalents classified as assets held for sale
    		                                                                       
      net increase in cash, cash equivalents, and restricted cash
    		-102,700,000 134,200,000 13,000,000 -81,300,000                                                                    
      cash, cash equivalents, and restricted cash, beginning of period
    		0 0 708,800,000 0 0                                                                   
      cash, cash equivalents, and restricted cash, end of period
    		-102,700,000 134,200,000 721,800,000 -81,300,000 44,500,000       110,872,000 -16,586,000 -998,418,000 1,530,078,000 894,098,000 25,631,000 1,103,000 441,620,000 -283,404,000 52,286,000 182,088,000 355,925,000 -31,131,000 112,393,000 15,760,000 323,234,000 1,522,000 -25,235,000 -12,078,000 341,358,000 16,796,000 -53,174,000 -507,386,000 874,880,000                                     
      unrealized foreign exchange loss
    		     -100,000 500,000           -524,000 459,000                 1,361,000                                    
      unrealized foreign exchange (gain) loss
    		  -300,000 100,000        -1,128,000   -248,000 -9,000    404,000 920,000 347,000 782,000 -2,929,000 -78,000 -3,000 -48,000                                             
      loss on redemption of notes
    		       0                                                                
      gain on remeasurement of investment upon acquisition
    		       0 0 0 -1,400,000                                                             
      inventory write-downs
    		                                                                       
      acquisition of iaa, net of cash acquired
    		       1,300,000 0 3,900,000 -2,759,100,000                                                             
      acquisition of veritread, net of cash acquired
    		       0 0 0 -24,700,000                                                             
      acquisition of smartequip, net of cash acquired
    		                                                                       
      acquisition of boom and bucket, net of cash acquired
    		                                                                       
      repayment of loans receivable
    		     3,100,000 900,000 1,700,000 700,000 900,000 700,000 743,000 3,190,000 342,000 1,212,000 672,000 210,000 2,000 224,000                                                     
      issuance of series a senior preferred shares and common stock, net of issuance costs
    		       0 0 0 496,900,000                                                             
      payment of debt issue costs
    		       0 -100,000 -2,900,000 -38,700,000                                                             
      proceeds of equipment financing obligations
    		                                                                       
      net decrease in cash, cash equivalents, and restricted cash
    		                                                                       
      increase
    		      -150,500,000    81,100,000 110,872,000 -16,586,000 -998,418,000 167,626,000 894,098,000 25,631,000 1,103,000 134,725,000 -283,404,000 52,286,000 182,088,000 -64,331,000 -31,131,000 112,393,000 15,760,000 17,667,000    10,242,000 16,796,000 -53,174,000 -507,386,000 116,791,000                                     
      beginning of period
    		      747,900,000 0 0 0 625,900,000 0 0 0 1,362,452,000 0 0 0 306,895,000 0 0 0 420,256,000 0 0 0 305,567,000 0 0 0 331,116,000 0 0 0 758,089,000                                     
      cash and cash equivalents, and restricted cash, end of period
    		      597,400,000  -14,100,000 -133,700,000 707,000,000                                                             
      deferred income tax (benefit) expense
    		       -34,400,000 -13,200,000 -15,300,000 -2,900,000                                                             
      acquisition of remaining interest in nci and dividends paid to nci
    		                                                                       
      change in fair value of derivatives
    		           0 0 0 -1,263,000                                                         
      net decrease in short-term debt
    		                                                                       
      repayment of finance lease obligations
    		        -2,300,000 -2,400,000 -3,600,000 -2,462,000 -2,487,000 -2,884,000 -2,506,000 -2,523,000 -3,090,000 -2,726,000 -2,629,000 -2,461,000 -2,543,000 -2,195,000 -2,189,000 -1,860,000 -1,911,000 -1,668,000 -1,269,000 -1,123,000 -1,053,000 -972,000 -802,000 -757,000 -707,000 -420,000 -438,000 -373,000 -375,000 -414,000 -493,000                                 
      repayment of equipment financing obligations
    		        -2,300,000                                                               
      decrease
    		        -14,100,000                    -25,235,000                                           
      loss on redemption of 2016 notes
    		         0 3,300,000                                                             
      deferred income tax expense
    		           -8,140,000 -1,593,000 -2,954,000 12,434,000 1,631,000 509,000 756,000 963,000 902,000 1,593,000 5,326,000 1,331,000   -1,000 1,057,000 10,013,000 -4,696,000           581,000 734,000 50,000 1,874,000                             
      loss on redemption of the 2021 notes
    		           0 0                                                           
      gain on contingent consideration from equity investment
    		                   0 0 0 -1,700,000                                                 
      acquisitions, net of cash acquired
    		           0 0 0 -63,000                                                         
      distribution from equity investment
    		                   0 0 0 4,212,000                                                 
      proceeds on contingent consideration from equity investment
    		                   0 0 0 1,700,000                                                 
      share repurchase
    		                   0 0 0 -53,170,000 0 0           0 0 0 -36,726,000                                 
      dividends paid to stockholders
    		           -29,935,000 -29,932,000 -27,693,000 -27,659,000 -27,653,000 -27,607,000 -24,356,000 -24,181,000 -24,098,000 -24,053,000 -21,681,000 -21,905,000 -21,744,000 -21,631,000 -19,592,000 -19,568,000 -19,562,000 -19,528,000 -18,343,000 -18,245,000 -18,227,000 -18,210,000 -18,188,000 -18,160,000 -18,156,000 -18,127,000 -17,022,000 -17,154,000                                 
      acquisition of remaining interest in nci
    		               0                                                        
      dividends paid to nci
    		               0 -78,000               0 0 0 -41,000                                     
      debt issue costs
    		           -613,000 33,000 -1,416,000 -2,261,000 -2,492,000    0            0 -236,000                                       
      depreciation and amortization expenses
    		              24,225,000 22,977,000 21,907,000 21,935,000 21,070,000 19,335,000 18,436,000 17,857,000 19,293,000 18,582,000 17,692,000 17,112,000 17,115,000 17,163,000 16,723,000 16,537,000 16,191,000 15,647,000 14,837,000 11,872,000 10,338,000 10,301,000 10,196,000 10,284,000 10,080,000                                 
      acquisition of rouse, net of cash acquired
    		                0                                                       
      stock-based compensation expense
    		                 8,990,000 7,193,000                                                     
      stock option compensation expense
    		                   1,452,000 1,671,000 1,543,000 1,187,000 -155,000 1,653,000 1,660,000 1,539,000 1,541,000 2,228,000 2,140,000 2,343,000 2,704,000 2,920,000 6,765,000 1,311,000 1,482,000 1,555,000 1,400,000 1,070,000                                 
      equity-classified share unit expense
    		                   742,000 4,138,000 3,231,000 1,786,000                                                 
      share-based continuing employment costs
    		                                                                       
      gain on disposition of equity investment
    		                           0                                            
      proceeds from short-term debt
    		                   15,000,000 0 6,730,000 29,069,000 2,650,000 -2,360,000 6,138,000 6,741,000 12,766,000 6,641,000 0 308,000 121,000 0 5,631,000 1,219,000 15,000,000 21,248,000 1,157,000 30,179,000                                 
      repayment of short-term debt
    		                   -7,011,000 -2,416,000   -3,705,000 6,000 -7,039,000 -17,946,000 -3,256,000 0 -1,618,000 -1,754,000 -1,686,000 -5,585,000 -16,199,000 -1,009,000 -28,875,000 -4,485,000 -21,873,000 -2,283,000     -34,105,000   -4,897,000     -26,962,000 14,865,000   -15,700,000 -8,208,000               
      issuances of share capital
    		                    20,769,000 12,371,000 7,054,000 28,654,000 8,316,000 2,496,000 1,628,000 1,452,000 9,023,000 13,736,000 4,313,000 2,002,000 1,901,000 2,621,000 3,412,000 3,636,000 2,645,000 15,026,000 3,031,000                                 
      impairment loss
    		                               0 0   0                                    
      equity-classified share units expense
    		                                                                       
      acquisition of ironplanet, net of cash acquired
    		                               0 -1,771,000                                       
      proceeds on disposal of equity investment
    		                           0                                            
      equity-classified psu expense
    		                        2,851,000 3,535,000 2,368,000 2,278,000 2,717,000 3,226,000 3,035,000 1,658,000 -174,000 1,033,000 1,012,000 759,000 736,000                                   
      deferred income tax recovery
    		                               -7,685,000 -4,760,000 -4,650,000 -173,000 2,479,000 -2,472,000 -2,889,000 -477,000                                 
      acquisition of mascus, net of cash acquired
    		                                                                       
      acquisition of petrowsky
    		                                   0                                    
      acquisition of contingently redeemable nci
    		                                   0                                    
      acquisition of nci
    		                                   0 0                                   
      acquisition of kramer
    		                                                                       
      debt extinguishment costs
    		                                                                       
      effect of changes in foreign currency rates on
    		                                                                       
      cash, cash equivalents, and restricted cash
    		                                                                       
      inventory write down
    		                               56,000 122,000 301,000 355,000 800,000 882,000                                   
      equity loss (income) less dividends received
    		                               -132,000 109,000 -4,000 53,000                                     
      change in fair value of contingent consideration
    		                               -252,000 -570,000 -1,194,000 -430,000                                     
      acquisition of xcira, net of cash acquired
    		                                                                       
      acquisition of equity investments
    		                                                                       
      debt issue cost amortization
    		                                1,001,000 612,000 445,000                                     
      acquisition of mascus
    		                                   0 0 -311,000 -27,812,000                                 
      cash, cash equivalents, and restricted cash:
    		                                                                       
      effect of changes in foreign currency rates on cash and cash equivalents
    		                                 6,974,000 3,336,000 -4,335,000   8,938,000 6,463,000 -15,042,000 270,000 2,429,000 -6,261,000 16,314,000 -6,415,000 -279,000 9,043,000 200,000 10,818,000 -1,453,000 -4,997,000 -13,959,000 305,000 1,328,000 5,215,000 1,414,000 2,914,000 972,000 -4,806,000 3,982,000 571,000          
      equity income less dividends received
    		                                   181,000 -213,000 -477,000 -519,000                                 
      change in fair value of earn-outs
    		                                                                       
      acquisition of xcira
    		                                                                       
      dividends paid to contingently redeemable nci
    		                                   0 -1,068,000                                   
      cash from
    		                                                                       
      increase in cash and cash equivalents
    		                                    64,483,000 -127,573,000 83,926,000 97,541,000 -103,742,000 -26,893,000 89,404,000 -88,124,000 61,184,000 -90,027,000 62,556,000 20,388,000 -67,318,000 -40,360,000 102,611,000 6,955,000 -72,365,000 -48,097,000 70,467,000 -32,313,000 24,215,000 -74,995,000 61,387,000 -96,757,000 7,773,000 32,671,000 -109,432,000 4,821,000 47,384,000 -51,734,000 -12,063,000 36,925,000 -49,322,000 -41,040,000 74,472,000 
      cash and cash equivalents, beginning of period
    		                                    0 0 210,148,000  62,511,000 89,404,000 68,185,000  -27,471,000 62,556,000 122,596,000  62,251,000 102,611,000 107,275,000  22,370,000 70,467,000 150,315,000  -13,608,000 61,387,000 172,021,000 40,444,000 32,671,000 169,249,000 52,205,000 47,384,000 132,632,000 24,862,000 36,925,000 119,009,000    
      cash and cash equivalents, end of period
    		                                    64,483,000 -127,573,000 294,074,000  -41,231,000 62,511,000 157,589,000  33,713,000 -27,471,000 185,152,000  -5,067,000 62,251,000 209,886,000  -49,995,000 22,370,000 220,782,000  10,607,000 -13,608,000 233,408,000 -56,313,000 40,444,000 201,920,000 -57,227,000 52,205,000 180,016,000 -26,872,000 24,862,000 155,934,000    
      cash and cash equivalents
    		                                                                       
      dividends paid to contingently redeemable non-controlling interests
    		                                      -2,296,000                                 
      proceeds from note receivable and other assets
    		                                                                       
      cash and cash equivalents, beginning of year
    		                                                                     74,472,000 62,222,000 
      cash and cash equivalents, end of year
    		                                                                     33,432,000 136,694,000 
      cash generated by
    		                                                                       
      net earnings
    		                                       88,093,000 -20,230,000 10,193,000 16,570,000 52,435,000 -12,640,000 13,318,000 12,800,000 80,560,000 -25,955,000 18,968,000 19,879,000 89,466,000 -33,985,000 29,512,000 16,407,000 61,080,000 -11,652,000 8,996,000 17,559,000 -14,822,000   -16,566,000 7,459,000 13,675,000 -13,354,000 8,574,000 6,590,000 -10,158,000 4,306,000 8,794,000 
      depreciation
    		                                       28,706,000 156,000 481,000 10,312,000                      3,399,000   2,962,000    
      amortization
    		                                                                       
      foreign exchange gain
    		                                              430,000 -182,000 1,100,000 864,000 -697,000                     
      interest paid
    		                                       -6,694,000 21,000 -3,192,000 1,614,000 3,554,000 114,000 -14,000 1,852,000 3,885,000 472,000 331,000 905,000 2,697,000 319,000 94,000 366,000 2,134,000 252,000 38,000 654,000 421,000   260,000 -357,000 622,000 103,000 -182,000 859,000   1,238,000 
      income taxes paid
    		                                       -25,906,000 3,234,000 -5,799,000 733,000 23,213,000 -8,115,000 8,133,000 3,667,000 29,990,000 -14,051,000 15,812,000 3,818,000 20,602,000 -2,343,000 13,313,000 3,057,000 23,530,000 -3,390,000 12,347,000 3,602,000 -13,905,000   1,619,000 4,554,000 2,751,000 -1,053,000 2,344,000 4,280,000   2,482,000 
      net cash generated by operating activities
    		                                       186,696,000 -104,646,000 52,956,000 54,110,000                             
      proceeds from loan receivable and other assets
    		                                                                       
      issuance of share capital
    		                                       5,762,000 -3,428,000 -1,461,000 5,279,000 2,862,000 -643,000 45,000 1,015,000 3,837,000 -2,423,000 3,203,000 80,000 2,823,000 397,000 -1,497,000 1,795,000 3,306,000 -2,185,000 2,172,000 332,000 -422,000   -624,000 -208,000 1,280,000 -436,000 -1,675,000 2,272,000   389,000 
      dividends on common shares
    		                                       -41,956,000 -813,000 -40,000 -11,109,000 -32,181,000 -532,000 -13,000 -10,540,000 -29,442,000 -1,062,000 -28,000 -9,439,000 -26,169,000 -1,055,000 -16,000 -8,361,000 -22,935,000 -1,054,000 -14,000 -7,283,000 -1,039,000   -2,410,000 -10,000 -3,771,000 -1,200,000 -14,000 -2,549,000    
      proceeds from short-term borrowings
    		                                                                       
      repayment of short-term borrowings
    		                                       -51,733,000 24,479,000                               
      repayment of long-term borrowings
    		                                       -14,967,000                                
      items before changes in non-cash working capital:
    		                                                                       
      share-based compensation expense
    		                                                                       
      foreign exchange (gain) loss
    		                                            407,000                           
      changes in non-cash working capital:
    		                                                                       
      trade and other receivables
    		                                       -35,288,000 11,651,000 113,927,000 -99,453,000                             
      inventory
    		                                       2,533,000 -16,188,000 59,462,000 -35,939,000 -8,755,000 -22,750,000 27,420,000 -15,424,000 3,908,000 684,000 -5,126,000 4,390,000 8,387,000 -26,941,000 25,962,000 -12,166,000 -6,768,000 7,841,000 8,418,000 -9,247,000 -43,077,000   -11,291,000 1,061,000 4,551,000 5,136,000 -6,109,000 366,000    
      advances against auction contracts
    		                                       1,120,000 -15,771,000 20,171,000 -10,363,000 -1,650,000 4,476,000 2,056,000 -2,609,000 -1,152,000 -9,515,000 13,902,000 -6,923,000 8,961,000 -4,341,000 -4,522,000 2,000 -1,913,000 5,661,000 -4,115,000 1,214,000 1,331,000   -7,174,000 2,974,000 -2,504,000 -1,592,000      
      prepaid expenses and deposits
    		                                       8,291,000 -1,995,000 -169,000 691,000 -2,289,000 826,000 611,000 -1,361,000 3,227,000 -2,583,000 -402,000 784,000 -4,939,000 -1,720,000 5,597,000 -5,925,000 2,512,000 -5,648,000 7,101,000 -3,812,000 2,989,000   568,000 146,000 -1,007,000 -659,000 -950,000 728,000    
      income taxes receivable
    		                                       7,114,000 -3,514,000 -1,166,000 3,051,000 -11,968,000 10,320,000 -11,686,000 2,590,000 983,000 315,000 -4,915,000 2,807,000 10,090,000   5,207,000 8,040,000                
      income taxes payable
    		                                       27,778,000 -2,486,000 6,265,000 -1,356,000 2,641,000 -3,671,000     -3,006,000 1,503,000       -3,342,000 1,671,000 4,754,000   -12,076,000 -770,000 5,339,000 -6,686,000 2,543,000 -507,000    
      auction proceeds payable
    		                                       81,125,000 -71,671,000 -126,642,000 157,434,000 -105,448,000 112,379,000 -185,046,000 145,490,000 -36,614,000 48,353,000 -202,036,000 182,331,000 19,612,000 -65,476,000 -112,749,000 166,968,000 -73,443,000 131,348,000 -209,200,000 154,433,000 67,679,000   -27,952,000 -127,599,000 128,954,000 -26,859,000 -66,527,000 85,682,000    
      trade and other payables
    		                                       15,692,000 10,063,000 -26,812,000 13,183,000                             
      acquisition of subsidiaries
    		                                                                       
      proceeds from long-term borrowings
    		                                                                       
      net cash generated by (used in) financing activities
    		                                       -83,317,000 14,701,000                               
      share based compensation expense
    		                                        19,000 -59,000 1,001,000                             
      net gain on disposition of property, plant and equipment
    		                                        -115,000 3,635,000 -3,639,000                             
      decrease (increase) in other assets
    		                                           -701,000 1,996,000   -7,775,000 18,000       -540,000 299,000 294,000 -417,000             
      issuance of short-term borrowings
    		                                        -3,224,000 -43,723,000 48,947,000                             
      issuance of long-term borrowings
    		                                                                       
      foreign exchange loss
    		                                         -400,000 487,000                             
      decrease / (increase) in other assets
    		                                                                       
      decrease/(increase) in other assets
    		                                          -1,966,000                             
      items not involving cash:
    		                                                                       
      stock compensation expense
    		                                           2,126,000 11,000 226,000 541,000 1,576,000 3,000 -3,000 532,000 1,709,000 10,000 29,000 563,000 1,425,000 6,000 222,000 325,000 6,000   4,000 -72,000 418,000 4,000 -43,000 396,000    
      future income taxes
    		                                           2,996,000 -1,940,000 2,181,000 -296,000 4,574,000 -2,908,000 -196,000 1,371,000 652,000 -181,000 -2,281,000 593,000 3,756,000 -3,336,000 1,307,000 388,000 -934,000   784,000 -625,000 86,000 245,000 50,000 175,000    
      net gain on disposition of capital assets
    		                                           -390,000    -688,000 -11,000   -6,867,000 7,714,000 -7,124,000 -93,000 -185,000 35,000 -30,000 -63,000 2,275,000    4,394,000 -5,448,000       
      accounts receivable
    		                                           81,537,000 -100,546,000 56,598,000 -45,407,000 44,779,000 -59,116,000 111,432,000 -81,449,000 -47,394,000 109,642,000 347,000 -69,365,000 32,206,000 -88,386,000 147,283,000 -113,301,000 -97,925,000   -25,914,000 116,754,000 -89,051,000 -12,539,000 50,246,000 -46,679,000    
      accounts payable and accrued liabilities
    		                                           -13,776,000 24,942,000 -3,624,000 -8,524,000 -17,845,000 14,199,000 -3,602,000 7,136,000 -13,742,000 13,596,000 -4,918,000 -4,640,000 20,764,000 8,512,000 -15,156,000 12,802,000 -11,912,000   -9,524,000 12,628,000 -8,656,000 -4,563,000 9,318,000 -6,595,000    
      acquisition of business
    		                                                          -597,000        1,157,000 -1,164,000    
      capital asset additions
    		                                           -52,000,000 6,685,000 1,963,000 -18,932,000 -119,284,000 5,631,000 -8,323,000 -35,440,000 -99,874,000 -19,082,000 574,000 -26,642,000 -88,168,000 -6,313,000 -5,174,000 -13,564,000 -2,212,000   4,110,000 -10,528,000 -4,311,000 266,000 -2,378,000 -3,591,000   -4,945,000 
      proceeds on disposition of capital assets
    		                                           6,853,000 -3,732,000 4,748,000 610,000 3,662,000 -304,000 278,000 565,000 33,145,000 -18,493,000 18,636,000 525,000 7,305,000 125,000 -1,579,000 2,604,000 -2,946,000   -1,844,000 -4,316,000 6,537,000 -90,000 255,000 330,000   514,000 
      issuance of short-term debt
    		                                           2,724,000 27,137,000 1,697,000 78,000 5,512,000   281,000 34,477,000 -30,941,000 32,605,000 936,000 21,146,000 1,123,000 1,146,000 10,000,000             
      issuance of long-term debt
    		                                           0      36,408,000 15,000,000            8,516,000         
      supplemental information:
    		                                                                       
      net cash flows from operating activities
    		                                            15,046,000    -34,519,000                       
      net cash flows from investing activities
    		                                            4,949,000    5,345,000                       
      net cash flows from financing activities
    		                                            24,875,000    -38,344,000                       
      net (gain) loss on disposition of capital assets
    		                                             -1,061,000 -85,000    45,000               72,000 -8,000 -48,000    
      increase in other assets
    		                                              1,298,000    -5,300,000             708,000 -192,000 -2,127,000 4,000 -1,000   -31,000 
      income taxes recoverable
    		                                                         -4,100,000 3,212,000             
      decrease in funds committed for debt repayment
    		                                                                       
      decrease in other assets
    		                                                           -1,135,000            
      increase in funds committed for debt repayment
    		                                                               2,842,000 -492,000  -2,785,000 -465,000   -3,714,000 
      increase in other liabilities
    		                                                                23,000  -16,000 22,000   50,000 
      increase in short-term debt
    		                                                                       
      decrease (increase) in funds committed for debt repayment
    		                                                                       
      effect of foreign currency rates on cash and cash equivalents
    		                                                              4,190,000 -918,000 -1,683,000 3,217,000 -339,000 -696,000 -3,916,000 1,701,000 1,144,000 
      repayment of bank term loans
    		                                                                 6,102,000 -5,525,000 -628,000   -611,000 
      decrease in other liabilities
    		                                                                       
      increase in short term debt
    		                                                                       
      decrease in short-term debt
    		                                                                       
      issuance of bank term loans
    		                                                                       
      items not involving the use of cash:
    		                                                                       
      items not involving the use of cash
    		                                                                       
      short-term debt
    		                                                                       
      funds committed for debt repayment
    		                                                                       
      supplemental disclosure of cash flow information
    		                                                                       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.