Royal Gold, Inc(NASDAQ:RGLD) 
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, whi...
Website: http://www.royalgold.com
Founded: 1986
Full Time Employees: 27
Sector: Basic Materials
Industry: Gold
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2021-09-30 | 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 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 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 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 469,125,000 | 375,323,000 | 252,068,000 | 209,643,000 | 193,436,000 | 202,560,000 | 193,837,000 | 174,096,000 | 148,902,000 | 152,666,000 | 138,617,000 | 144,042,000 | 170,392,000 | 162,980,000 | 131,429,000 | 146,441,000 | 162,355,000 | 174,431,000 | 168,027,000 | 142,589,000 | 158,360,000 | 146,880,000 | 119,966,000 | 136,437,000 | 123,643,000 | 118,774,000 | 115,694,000 | 109,778,000 | 97,592,000 | 99,992,000 | 116,235,000 | 115,983,000 | 114,348,000 | 112,476,000 | 108,934,000 | 106,972,000 | 106,961,000 | 117,947,000 | 93,487,000 | 98,118,000 | 74,056,000 | 74,110,000 | 61,304,000 | 69,026,000 | 57,748,000 | 52,785,000 | 56,487,000 | ||||||||||||||||||||||||||||||||||||
yoy | 142.52% | 85.29% | 30.04% | 20.42% | 29.91% | 32.68% | 39.84% | 20.86% | -12.61% | -6.33% | 5.47% | -1.64% | 4.95% | -6.56% | -21.78% | 2.70% | 2.52% | 18.76% | 40.06% | 4.51% | 28.08% | 23.66% | 3.69% | 24.28% | 26.69% | 18.78% | -0.47% | -5.35% | -14.65% | -11.10% | 6.70% | 8.42% | 6.91% | -4.64% | 16.52% | 9.02% | 44.43% | 59.15% | 52.50% | 42.15% | 28.24% | 40.40% | 8.53% | ||||||||||||||||||||||||||||||||||||||||
qoq | 24.99% | 48.90% | 20.24% | 8.38% | -4.50% | 4.50% | 11.34% | 16.92% | -2.47% | 10.14% | -3.77% | -15.46% | 4.55% | 24.01% | -10.25% | -9.80% | -6.92% | 3.81% | 17.84% | -9.96% | 7.82% | 22.43% | -12.07% | 10.35% | 4.10% | 2.66% | 5.39% | 12.49% | -2.40% | -13.97% | 0.22% | 1.43% | 1.66% | 3.25% | 1.83% | 0.01% | -9.31% | 26.16% | -4.72% | 32.49% | -0.07% | 20.89% | -11.19% | 19.53% | 9.40% | -6.55% | |||||||||||||||||||||||||||||||||||||
costs and expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of sales | 60,337,000 | 50,849,000 | 31,392,000 | 24,180,000 | 24,506,000 | 24,398,000 | 27,192,000 | 24,174,000 | 21,751,000 | 20,785,000 | 21,351,000 | 23,367,000 | 25,020,000 | 24,972,000 | 23,221,000 | 23,810,000 | 22,639,000 | 27,230,000 | 24,668,000 | 21,469,000 | 24,859,000 | 21,902,000 | 20,741,000 | 21,961,000 | 21,077,000 | 20,111,000 | 23,771,000 | 19,075,000 | 18,162,000 | 16,527,000 | 22,212,000 | 21,345,000 | 19,863,000 | 20,419,000 | 19,683,000 | 22,419,000 | 22,502,000 | 22,662,000 | 17,921,000 | 22,572,000 | 11,466,000 | 10,542,000 | 6,236,000 | 6,674,000 | 1,940,000 | 935,000 | |||||||||||||||||||||||||||||||||||||
general and administrative | 17,531,000 | 17,638,000 | 10,213,000 | 10,269,000 | 11,063,000 | 8,909,000 | 10,102,000 | 10,511,000 | 11,412,000 | 9,741,000 | 9,927,000 | 9,093,000 | 11,000,000 | 8,815,000 | 7,554,000 | 9,312,000 | 8,931,000 | 7,129,000 | 7,212,000 | 6,932,000 | 6,789,000 | 7,454,000 | 6,537,000 | 9,551,000 | 6,665,000 | 7,443,000 | 6,341,000 | 6,798,000 | 7,423,000 | 9,927,000 | 10,909,000 | 8,100,000 | 9,555,000 | 6,899,000 | 9,903,000 | 5,402,000 | 7,538,000 | 10,507,000 | 7,679,000 | 5,841,000 | 9,510,000 | 5,545,000 | 8,511,000 | 7,142,000 | 3,866,000 | 4,661,000 | 6,566,000 | 7,163,000 | 5,720,000 | 6,070,000 | 4,431,000 | 5,057,000 | 6,298,000 | 3,182,000 | 3,930,000 | 3,724,000 | 3,444,000 | 2,972,000 | 2,195,000 | 1,748,000 | 1,812,000 | 2,122,000 | 1,671,000 | 1,699,000 | 1,981,000 | 1,968,344 | 1,556,948 | 1,592,453 | 1,565,296 | 1,532,265 | 1,133,656 | 1,089,080 | 1,325,572 | 1,647,996 | 959,508 | 824,331 | 913,775 | 986,613 | 815,863 | 724,563 | 834,031 | 779,009 | 585,687 |
production taxes | 3,291,000 | 2,224,000 | 2,418,000 | 2,201,000 | 1,761,000 | 2,072,000 | 1,520,000 | 1,581,000 | 1,449,000 | 2,360,000 | 1,671,000 | 1,274,000 | 1,989,000 | 2,256,000 | 1,119,000 | 1,425,000 | 2,221,000 | 2,054,000 | 2,152,000 | 1,835,000 | 1,401,000 | 1,355,000 | 890,000 | 851,000 | 984,000 | 1,099,000 | 906,000 | 1,006,000 | 909,000 | 1,292,000 | 700,000 | 423,000 | 602,000 | 543,000 | 429,000 | 389,000 | 445,000 | 497,000 | 958,000 | 996,000 | 1,592,000 | 935,000 | 1,731,000 | 1,690,000 | 1,723,000 | 1,603,000 | 1,783,000 | 2,422,000 | 2,197,000 | 2,478,000 | 2,593,000 | 2,946,000 | 2,150,000 | ||||||||||||||||||||||||||||||
depreciation, depletion and amortization | 90,875,000 | 80,031,000 | 32,903,000 | 31,153,000 | 32,995,000 | 33,737,000 | 36,177,000 | 35,747,000 | 38,765,000 | 40,090,000 | 40,106,000 | 38,412,000 | 46,328,000 | 49,196,000 | 37,761,000 | 43,989,000 | 47,988,000 | 50,611,000 | 48,028,000 | 41,296,000 | 47,945,000 | 46,300,000 | 45,396,000 | 51,228,000 | 40,096,000 | 38,714,000 | 42,330,000 | 39,368,000 | 38,807,000 | 42,551,000 | 42,316,000 | 39,679,000 | 42,008,000 | 39,692,000 | 39,851,000 | 40,164,000 | 39,519,000 | 40,102,000 | 38,163,000 | 40,407,000 | 27,147,000 | 24,783,000 | 20,278,000 | 22,212,000 | 21,605,000 | 22,670,000 | 22,400,000 | 21,649,000 | 21,120,000 | 21,500,000 | 19,721,000 | 21,419,000 | 17,221,000 | 15,838,000 | 16,006,000 | 18,925,000 | 13,002,000 | 12,101,000 | 11,078,000 | 9,960,000 | 8,537,000 | 4,423,000 | 5,925,000 | 3,605,739 | 2,402,083 | 2,561,551 | 2,105,475 | 1,072,215 | 1,006,467 | 1,030,444 | 898,025 | 695,152 | 867,121 | ||||||||||
total costs and expenses | 172,034,000 | 164,452,000 | 89,724,000 | 67,803,000 | 70,325,000 | 69,116,000 | 74,991,000 | 72,013,000 | 73,377,000 | 72,976,000 | 73,055,000 | 72,146,000 | 84,337,000 | 89,526,000 | 69,655,000 | 78,536,000 | 81,779,000 | 87,024,000 | 82,060,000 | 71,532,000 | 80,994,000 | 77,574,000 | 75,390,000 | 84,156,000 | 70,336,000 | 69,993,000 | 74,972,000 | 66,577,000 | 66,143,000 | 74,659,000 | 79,985,000 | 309,447,000 | 73,386,000 | 70,756,000 | 74,316,000 | 71,021,000 | 72,480,000 | 77,056,000 | 165,545,000 | 70,945,000 | 52,871,000 | 41,960,000 | 63,326,000 | 39,487,000 | 29,134,000 | 29,869,000 | 30,749,000 | 31,234,000 | 29,037,000 | 30,048,000 | 26,745,000 | 29,422,000 | 26,997,000 | 23,669,000 | 24,712,000 | 24,528,000 | 36,274,000 | 19,539,000 | 15,359,000 | 12,970,000 | 13,658,000 | 12,235,000 | 7,615,000 | 9,892,000 | 9,769,000 | 8,355,299 | 5,453,054 | 6,018,644 | 5,517,841 | 4,982,440 | 3,282,929 | 3,845,693 | 4,018,173 | 4,322,489 | 2,781,941 | 2,541,601 | 2,427,952 | 3,079,791 | 2,590,948 | 2,455,098 | 2,165,924 | 2,162,866 | 2,358,165 |
operating income | 297,091,000 | 210,871,000 | 162,344,000 | 141,840,000 | 123,111,000 | 133,444,000 | 118,846,000 | 102,083,000 | 75,525,000 | 79,690,000 | 65,562,000 | 71,896,000 | 86,055,000 | 73,454,000 | 61,774,000 | 67,905,000 | 80,576,000 | 87,407,000 | 85,967,000 | 71,057,000 | 77,366,000 | 103,212,000 | 44,576,000 | 52,281,000 | 53,307,000 | 48,781,000 | 40,722,000 | 43,201,000 | 31,449,000 | 25,333,000 | 36,250,000 | -193,464,000 | 40,962,000 | 41,720,000 | 34,618,000 | 35,951,000 | 34,481,000 | 40,891,000 | 27,173,000 | 21,185,000 | 32,150,000 | 29,539,000 | 28,614,000 | 22,916,000 | 25,738,000 | 42,932,000 | 50,833,000 | 47,814,000 | 42,893,000 | 39,420,000 | 37,468,000 | 31,877,000 | 31,604,000 | 20,810,000 | -1,231,000 | 15,201,000 | 10,754,000 | 9,302,000 | 7,139,000 | 2,387,000 | 8,464,000 | 11,772,000 | 9,747,000 | 7,041,072 | 7,363,947 | 8,345,697 | 5,690,715 | 7,297,237 | 6,462,864 | 4,370,773 | 1,742,577 | 3,252,818 | 4,045,678 | 4,936,269 | 3,440,586 | 2,952,042 | 3,333,143 | 3,612,185 | 3,854,917 | 2,920,595 | 1,823,320 | ||
yoy | 141.32% | 58.02% | 36.60% | 38.95% | 63.01% | 67.45% | 81.27% | 41.99% | -12.24% | 8.49% | 6.13% | 5.88% | 6.80% | -15.96% | -28.14% | -4.44% | 4.15% | -15.31% | 92.85% | 35.91% | 45.13% | 111.58% | 9.46% | 21.02% | 69.50% | 92.56% | 12.34% | -122.33% | -23.22% | -39.28% | 4.71% | -638.13% | 18.80% | 2.03% | 32.30% | 62.76% | 27.19% | -8.01% | -25.96% | 40.29% | -31.20% | -43.71% | -52.07% | -39.99% | 8.91% | 35.67% | 50.00% | 35.72% | 89.43% | -3143.70% | 109.70% | 193.88% | 123.72% | -117.24% | 536.82% | 27.06% | -20.98% | -26.76% | -66.10% | 14.94% | 41.05% | 71.28% | -3.51% | 13.94% | 90.94% | 226.57% | 124.34% | 59.75% | -11.46% | -49.35% | 10.19% | 21.38% | 36.66% | -10.75% | 1.08% | 82.81% | |||||||
qoq | 40.89% | 29.89% | 14.46% | 15.21% | -7.74% | 12.28% | 16.42% | 35.16% | -5.23% | 21.55% | -8.81% | -16.45% | 17.15% | 18.91% | -9.03% | -15.73% | -7.82% | 1.68% | 20.98% | -8.15% | -25.04% | 131.54% | -14.74% | -1.92% | 9.28% | 19.79% | -5.74% | 37.37% | 24.14% | -30.12% | -118.74% | -572.30% | -1.82% | 20.52% | -3.71% | 4.26% | -15.68% | 28.27% | -34.11% | 3.23% | 24.86% | -10.96% | -40.05% | -15.54% | 6.31% | 11.47% | 8.81% | 5.21% | 17.54% | 0.86% | 51.87% | -1790.50% | -108.10% | 41.35% | 15.61% | 30.30% | 199.08% | -71.80% | -28.10% | 20.78% | 38.43% | -4.38% | -11.76% | 46.65% | -22.02% | 12.91% | 47.87% | 150.82% | -46.43% | -19.60% | -18.04% | 43.47% | 16.55% | -11.43% | -7.73% | -6.30% | 31.99% | 60.18% | |||||
operating margin % | 63.33% | 56.18% | 64.40% | 67.66% | 63.64% | 65.88% | 61.31% | 58.64% | 50.72% | 52.20% | 47.30% | 49.91% | 50.50% | 45.07% | 47.00% | 46.37% | 49.63% | 50.11% | 51.16% | 49.83% | 48.85% | 70.27% | 37.16% | 38.32% | 43.11% | 41.07% | 35.20% | 39.35% | 32.22% | 25.34% | 31.19% | -166.80% | 35.82% | 37.09% | 31.78% | 33.61% | 32.24% | 34.67% | 0% | 27.69% | 28.61% | 43.38% | 0% | 42.79% | 49.55% | 43.41% | 45.56% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
fair value changes in equity securities | 5,950,000 | 362,000 | 3,000 | -37,000 | -24,000 | -425,000 | -63,000 | 447,000 | 24,000 | -462,000 | -509,000 | 799,000 | -282,000 | 356,000 | -2,191,000 | 613,000 | 176,000 | 1,957,000 | 1,902,000 | -382,000 | 2,539,000 | 6,390,000 | -3,819,000 | 222,000 | -1,375,000 | -3,482,000 | 1,781,000 | -3,631,000 | -1,468,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of marketable securities | 14,115,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other income | 3,192,000 | 2,867,000 | 6,781,000 | 2,713,000 | 2,049,000 | 1,598,000 | 626,000 | 807,000 | 2,977,000 | 2,604,000 | 2,436,000 | 2,650,000 | 2,263,000 | 2,167,000 | 3,571,000 | 1,118,000 | 975,000 | 819,000 | 676,000 | 733,000 | 613,000 | 421,000 | 425,000 | 620,000 | 226,000 | 775,000 | 1,231,000 | 499,000 | 487,000 | 103,000 | 754,000 | 1,781,000 | 645,000 | 989,000 | -754,000 | 1,326,000 | 7,488,000 | 1,557,000 | 3,060,000 | 386,000 | 265,000 | 435,000 | 228,000 | 51,000 | 1,788,000 | 130,000 | 152,000 | 129,000 | 29,000 | 110,000 | 476,000 | 489,000 | 2,833,000 | 756,000 | 2,285,000 | 1,424,000 | 255,000 | 150,000 | 1,753,000 | 994,000 | 1,075,000 | 166,000 | 957,000 | 1,075,000 | 1,715,000 | 2,071,800 | 1,879,946 | 1,874,858 | 457,370 | 954,369 | 971,185 | 934,621 | 815,692 | 1,016,562 | 437,095 | 318,895 | 202,827 | 181,250 | 131,165 | 110,479 | 142,018 | 100,681 | 89,003 |
interest and other expense | -13,242,000 | -17,705,000 | -8,616,000 | -1,544,000 | -1,156,000 | -1,419,000 | -1,207,000 | -2,516,000 | -4,607,000 | -6,000,000 | -7,285,000 | -8,408,000 | -9,175,000 | -6,060,000 | -8,814,000 | -1,398,000 | -898,000 | -1,908,000 | -1,145,000 | -1,820,000 | -1,578,000 | -1,875,000 | -2,674,000 | -2,088,000 | -2,217,000 | -2,834,000 | -6,864,000 | -7,499,000 | -7,410,000 | -7,877,000 | -8,268,000 | -8,294,000 | -9,034,000 | -8,617,000 | -29,001 | -29,277 | |||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 307,106,000 | 146,378,000 | 160,509,000 | 143,012,000 | 123,967,000 | 133,599,000 | 117,840,000 | 100,311,000 | 74,342,000 | 76,318,000 | 60,251,000 | 65,629,000 | 79,942,000 | 69,279,000 | 56,887,000 | 65,434,000 | 81,266,000 | 86,494,000 | 87,455,000 | 71,872,000 | 76,019,000 | 104,297,000 | 48,717,000 | 46,994,000 | 51,538,000 | 45,347,000 | 31,607,000 | 37,982,000 | 20,895,000 | 16,091,000 | 28,736,000 | -199,977,000 | 32,573,000 | 34,092,000 | 24,554,000 | 28,023,000 | 32,146,000 | 34,143,000 | 18,660,000 | 14,236,000 | 26,152,000 | 22,878,000 | 24,461,000 | 17,089,000 | 20,123,000 | 25,183,000 | 43,874,000 | 41,755,000 | 41,817,000 | 38,300,000 | 38,522,000 | 30,647,000 | 32,092,000 | 19,929,000 | -2,186,000 | 15,185,000 | 12,152,000 | 12,455,000 | 7,948,000 | 33,696,000 | 9,115,000 | 12,610,000 | 11,132,000 | 8,324,122 | 8,870,037 | 9,048,898 | 5,477,899 | 8,186,225 | 7,367,735 | 5,256,643 | 2,496,732 | 4,235,607 | 4,461,766 | 5,231,655 | 3,621,430 | 3,267,800 | 3,435,290 | 3,659,293 | 3,991,423 | 2,992,275 | 1,883,046 | ||
income tax expense | -25,398,000 | -52,659,000 | -28,704,000 | -10,538,000 | -10,389,000 | -26,078,000 | -21,510,000 | -18,991,000 | -27,033,000 | -13,356,000 | -10,752,000 | -15,871,000 | -5,086,750 | -10,954,000 | -15,304,000 | -4,115,000 | -48,360,000 | -7,544,000 | -2,742,000 | -4,833,000 | -3,030,000 | -4,197,000 | -2,534,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 281,708,000 | 68,872,000 | 25,464,000 | 28,594,000 | 23,043,000 | 11,976,000 | 24,008,000 | -154,118,000 | -15,787,000 | 26,548,000 | 16,837,000 | 21,531,000 | 27,102,000 | 26,955,000 | -69,498,000 | 13,920,000 | -44,941,000 | 25,111,000 | -6,325,000 | 18,919,000 | 20,481,000 | 10,778,000 | 15,281,000 | 6,897,000 | 27,559,000 | 25,294,000 | 26,953,000 | 24,249,000 | 26,141,000 | 20,308,000 | 20,718,000 | 13,002,000 | -4,928,000 | 10,352,000 | 9,122,000 | 7,059,000 | 4,142,000 | 21,397,000 | 5,749,000 | 7,860,000 | 7,420,000 | 5,065,246 | 5,762,320 | 5,686,076 | 3,438,615 | 5,635,652 | 4,960,137 | 3,566,216 | 1,819,139 | 2,907,295 | 3,057,431 | 3,610,880 | 2,726,089 | 2,618,318 | 2,498,426 | 2,300,287 | 2,950,814 | 2,277,465 | 1,343,113 | ||||||||||||||||||||||||
yoy | 475.08% | 6.06% | -118.55% | -245.96% | -54.89% | 42.59% | -815.80% | -158.25% | -1.51% | -124.23% | 54.68% | -160.31% | 7.34% | 998.78% | -26.42% | -319.43% | 132.98% | -141.39% | 174.31% | -25.68% | -57.39% | -43.31% | -71.56% | 5.42% | 24.55% | 30.09% | 86.50% | -630.46% | 96.17% | 127.12% | 84.19% | -218.98% | -51.62% | 58.67% | -10.19% | -44.18% | 322.43% | -0.23% | 38.23% | 115.78% | -10.12% | 16.17% | 59.44% | 89.02% | 93.85% | 62.23% | -1.24% | -33.27% | 11.04% | 22.37% | 56.98% | -7.62% | 14.97% | 86.02% | |||||||||||||||||||||||||||||
qoq | 170.47% | -10.95% | 24.09% | 92.41% | -50.12% | -115.58% | 876.23% | -159.47% | 57.68% | -21.80% | -20.56% | 0.55% | -138.79% | -599.27% | -130.97% | -278.97% | -497.01% | -133.43% | -7.63% | 90.03% | -29.47% | 121.56% | -74.97% | 8.95% | -6.16% | 11.15% | -7.24% | 28.72% | -1.98% | 59.34% | -363.84% | -147.60% | 13.48% | 29.23% | 70.42% | -80.64% | 272.19% | -26.86% | 5.93% | 46.49% | -12.10% | 1.34% | 65.36% | -38.98% | 13.62% | 39.09% | 96.04% | -37.43% | -4.91% | -15.33% | 32.46% | 4.12% | 4.80% | 8.61% | -22.05% | 29.57% | 69.57% | ||||||||||||||||||||||||||
net income margin % | 60.05% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 57.99% | 22.01% | 26.05% | 23.61% | 11.98% | 20.65% | -132.88% | -13.81% | 23.60% | 15.46% | 20.13% | 25.34% | 22.85% | -74.34% | 14.19% | -60.69% | 33.88% | -10.32% | 27.41% | 35.47% | 20.42% | 27.05% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% |
net income attributable to non-controlling interests | -578,000 | 1,480,250 | 2,130,000 | 960,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to royal gold common stockholders | 281,130,000 | 70,453,000 | 26,457,000 | 28,772,000 | 23,586,000 | 15,008,000 | 26,652,000 | -153,650,000 | -14,765,000 | 28,631,000 | 20,021,000 | 23,661,000 | 28,062,000 | 29,787,000 | -67,656,000 | 15,114,000 | -45,046,000 | 25,014,000 | -6,548,000 | 18,680,000 | 20,143,000 | 10,667,000 | 15,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to comprehensive income, net of tax: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on available-for-sale debt securities | -993,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income | 280,715,000 | 68,872,000 | 25,464,000 | 28,594,000 | 23,043,000 | 11,976,000 | 22,786,000 | -154,784,000 | -16,177,000 | 26,745,000 | 16,534,000 | 21,891,000 | 27,924,000 | 26,955,000 | 16,507,000 | 22,943,000 | 17,579,000 | 20,354,000 | 7,359,000 | 16,412,000 | 17,072,000 | 25,987,000 | 30,340,000 | 30,857,000 | 17,291,000 | 20,837,000 | 20,264,000 | 20,863,000 | 13,009,000 | -4,982,000 | 10,446,000 | 9,175,000 | 7,011,000 | 4,118,000 | 21,637,000 | 5,437,000 | 7,749,000 | 7,311,000 | 5,078,684 | 5,576,070 | 5,840,424 | 3,355,540 | 5,446,470 | 5,037,882 | 3,548,330 | 2,395,253 | 3,046,492 | 3,143,388 | 3,260,510 | 2,791,504 | 2,539,113 | 2,549,569 | 2,067,524 | 3,042,096 | 2,489,789 | 1,235,404 | |||||||||||||||||||||||||||
comprehensive income attributable to non-controlling interests | -578,000 | -826,000 | -737,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to royal gold stockholders | 280,137,000 | 70,453,000 | 26,457,000 | 28,772,000 | 23,586,000 | 15,008,000 | 25,430,000 | -154,316,000 | -15,155,000 | 28,828,000 | 19,718,000 | 24,021,000 | 28,884,000 | 29,787,000 | -65,948,000 | 17,701,000 | -45,495,000 | 22,846,000 | -7,029,000 | 17,340,000 | 20,016,000 | 7,248,000 | 16,326,000 | 16,639,000 | 25,645,000 | 29,817,000 | 29,903,000 | 16,453,000 | 17,191,000 | 19,521,000 | 18,457,000 | 11,838,000 | -5,808,000 | 9,709,000 | 7,179,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 3.31 | 1.04 | 1.92 | 2.01 | 1.72 | 1.63 | 1.46 | 1.23 | 0.72 | 0.95 | 0.75 | 0.97 | 0.97 | 0.86 | 0.7 | 1.08 | 1 | 1.07 | 1.25 | 0.82 | 0.91 | 1.63 | 0.74 | 0.59 | 0.63 | 1.07 | 0.4 | 0.44 | 0.36 | 0.23 | 0.41 | -2.35 | -0.23 | 0.44 | 0.3 | 0.36 | 0.43 | 0.46 | -1.04 | 0.23 | -0.69 | 0.38 | -0.1 | 0.29 | 0.31 | 0.16 | 0.23 | 0.1 | 0.42 | 0.42 | 0.44 | 0.42 | 0.41 | 0.36 | 0.33 | 0.22 | -0.13 | 0.24 | 0.18 | 0.17 | 0.12 | 0.63 | 0.17 | 0.24 | 0.12 | 0.13 | 0.2 | 0.2 | 0.14 | 0.24 | 0.21 | 0.16 | 0.08 | 0.12 | 0.14 | 0.17 | 0.13 | 0.13 | 0.12 | 0.11 | 0.14 | 0.11 | 0.06 |
basic weighted-average shares outstanding | 84,720,260 | 69,424,381 | 65,761,896 | 65,748,410 | 65,705,157 | 65,662,185 | 65,670,381 | 65,650,801 | 65,637,428 | 65,613,002 | 65,619,406 | 65,605,391 | 65,594,977 | 65,576,995 | 65,579,834 | 65,569,190 | 65,565,735 | 65,556,608 | 65,546,400 | 65,550,400 | 65,546,938 | 65,537,714 | 65,523,024 | 65,511,878 | 65,495,907 | 65,465,611 | 65,394,627 | 65,398,369 | 65,395,457 | 65,374,866 | 65,291,855 | 65,307,324 | 65,306,766 | 65,235,496 | 65,152,782 | 65,169,883 | 65,149,518 | 65,116,686 | 65,085,225 | 65,073,678 | 65,048,439 | 65,033,547 | 65,002,307 | 64,962,883 | 64,963,605 | 64,897,757 | 64,858,354 | 64,837,598 | 63,941,686 | 59,435,867 | 58,953,216 | 55,329,463 | 55,183,719 | 55,076,556 | 55,043,160 | 54,986,700 | 44,976,419 | 40,578,426 | 40,502,139 | 35,337,133 | 34,008,758 | 33,961,206 | 33,926,495 | 31,054,725 | 30,932,084 | 29,777,468 | 28,729,541 | 24,827,319 | 24,042,235 | 23,604,576 | 23,587,416 | 22,863,784 | 23,522,539 | 23,276,477 | 21,126,609 | 20,875,957 | 20,894,921 | 20,814,226 | 20,783,359 | 20,760,452 | 20,783,359 | 20,778,772 | 20,696,816 |
diluted earnings per share | 3.3 | 1.04 | 1.92 | 2.01 | 1.72 | 1.63 | 1.46 | 1.23 | 0.72 | 0.95 | 0.75 | 0.97 | 0.97 | 0.85 | 0.7 | 1.08 | 1 | 1.07 | 1.24 | 0.82 | 0.91 | 1.63 | 0.74 | 0.59 | 0.63 | 1.07 | 0.4 | 0.44 | 0.36 | 0.23 | 0.41 | -2.35 | -0.23 | 0.44 | 0.3 | 0.36 | 0.43 | 0.46 | -1.04 | 0.23 | -0.69 | 0.38 | -0.1 | 0.29 | 0.31 | 0.16 | 0.23 | 0.1 | 0.42 | 0.41 | 0.44 | 0.42 | 0.4 | 0.35 | 0.33 | 0.21 | -0.13 | 0.23 | 0.17 | 0.16 | 0.12 | 0.62 | 0.17 | 0.23 | 0.12 | 0.13 | 0.2 | 0.2 | 0.14 | 0.24 | 0.21 | 0.15 | 0.08 | 0.12 | 0.14 | 0.17 | 0.13 | 0.12 | 0.12 | 0.11 | 0.14 | 0.11 | 0.06 |
diluted weighted-average shares outstanding | 85,017,635 | 69,560,911 | 65,831,341 | 65,820,530 | 65,791,551 | 65,776,834 | 65,795,014 | 65,767,538 | 65,740,260 | 65,739,110 | 65,757,076 | 65,762,903 | 65,709,095 | 65,661,748 | 65,660,152 | 65,678,320 | 65,644,668 | 65,627,845 | 65,627,591 | 65,621,603 | 65,619,241 | 65,632,689 | 65,643,390 | 65,600,770 | 65,611,567 | 65,615,926 | 65,505,535 | 65,515,234 | 65,473,400 | 65,497,159 | 65,291,855 | 65,307,324 | 65,306,766 | 65,404,680 | 65,277,953 | 65,274,926 | 65,253,209 | 65,280,904 | 65,085,225 | 65,121,744 | 65,048,439 | 65,129,362 | 65,002,307 | 65,107,481 | 65,082,780 | 64,990,771 | 64,980,599 | 64,994,517 | 64,137,237 | 59,679,807 | 59,169,314 | 55,574,814 | 55,491,354 | 55,337,201 | 55,308,709 | 55,250,028 | 44,976,419 | 40,962,137 | 40,861,713 | 35,789,076 | 34,447,169 | 34,375,388 | 34,278,980 | 31,390,293 | 31,213,663 | 30,124,299 | 28,861,324 | 25,075,086 | 24,264,254 | 23,854,744 | 23,817,728 | 23,121,862 | 23,810,698 | 23,564,037 | 21,366,843 | 21,070,797 | 21,099,404 | 21,129,742 | 21,090,329 | 21,110,521 | 21,125,284 | 21,147,687 | 21,099,580 |
cash dividends declared per common share | 0.475 | 0.475 | 0.45 | 0.45 | 0.45 | 0.45 | 0.4 | 0.4 | 0.4 | 0.4 | 0.375 | 0.375 | 0.375 | 0.375 | 0.35 | 0.35 | 0.35 | 0.3 | 0.3 | 0.3 | 0.3 | 0.28 | 0.285 | 0.28 | 0.28 | 0.265 | 0.27 | 0.265 | 0.265 | 0.25 | 0.25 | 0.25 | 0.25 | 0.24 | 0.24 | 0.24 | 0.24 | 0.23 | 0.23 | 0.23 | 0.22 | 0.22 | 0.22 | 0.21 | 0.21 | 0.21 | 0.2 | 0.2 | 0.2 | 0.15 | 0.15 | 0.15 | 0.11 | 0.11 | 0.11 | 0.09 | 0.09 | 0.09 | |||||||||||||||||||||||||
acquisition related costs | 13,710,000 | 12,798,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income and comprehensive income | 94,464,250 | 131,805,000 | 132,474,000 | 113,578,000 | 107,521,000 | 96,330,000 | 81,320,000 | 47,309,000 | 62,962,000 | 49,499,000 | 63,600,000 | 64,071,000 | 56,700,000 | 45,933,000 | 71,345,000 | 65,962,000 | 70,466,000 | 81,920,000 | 54,193,000 | 59,988,000 | 106,674,000 | 36,894,750 | 38,292,000 | 40,414,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income and comprehensive income attributable to non-controlling interests | -1,296,750 | -4,981,000 | -125,000 | -80,000 | -113,000 | -88,000 | -112,000 | -143,000 | -183,000 | -162,000 | -151,000 | -196,000 | -158,250 | -141,000 | -205,000 | -287,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income and comprehensive income attributable to royal gold common stockholders | 93,167,500 | 126,824,000 | 132,349,000 | 113,498,000 | 107,408,000 | 96,242,000 | 81,208,000 | 47,166,000 | 62,779,000 | 49,337,000 | 63,449,000 | 63,875,000 | 56,373,000 | 45,792,000 | 71,140,000 | 65,675,000 | 70,176,000 | 81,677,000 | 54,026,000 | 59,889,000 | 106,939,000 | 37,582,250 | 38,554,000 | 41,321,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -2,029,000 | 5,911,000 | -16,028,000 | -5,535,000 | -17,679,000 | -16,031,000 | 2,377,000 | -46,000 | -8,702,000 | -11,124,000 | 23,525,000 | -2,838,750 | -9,388,000 | 2,148,000 | -2,511,000 | 45,859,000 | -4,681,000 | -6,492,000 | 8,262,000 | 1,827,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exploration costs | 563,000 | 485,000 | 565,000 | 1,514,000 | 2,626,000 | 1,624,000 | 330,000 | 842,000 | 4,362,000 | 3,848,000 | 536,000 | 1,358,000 | 3,203,000 | 4,450,000 | 2,647,000 | 2,476,000 | 3,288,000 | 1,851,000 | 1,129,000 | 3,156,000 | 155,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of peak gold jv interest | 33,906,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss and comprehensive loss attributable to non-controlling interests | -290,000 | -243,000 | -167,000 | -99,000 | 265,000 | 687,500 | 262,000 | 907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to non-controlling interests | 1,581,000 | 993,000 | 178,000 | 543,000 | 3,032,000 | 2,644,000 | 468,000 | 1,022,000 | 2,083,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive loss attributable to non-controlling interests | 1,581,000 | 993,000 | 178,000 | 543,000 | 3,032,000 | 2,644,000 | 468,000 | 1,022,000 | 2,083,000 | 3,184,000 | 2,130,000 | 960,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty interests | 59,841,000 | 239,364,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to comprehensive income, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized change in market value of available-for-sale securities | -1,222,000 | -666,000 | -390,000 | 197,000 | -303,000 | 360,000 | 822,000 | 2,383,000 | 2,587,000 | 1,131,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairments of stream and royalty interests and royalty receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification adjustment for gains included in net income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to non-controlling interests | 2,832,000 | 1,842,000 | 1,194,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive loss (income) attributable to non-controlling interests | 2,832,000 | 1,842,000 | 1,194,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairments of royalty and stream interests and royalty receivables | 98,973,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to comprehensive income , net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty and stream interests | 26,570,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of mining assets | 1,769,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on available for sale securties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognized loss on available-for-sale securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
royalty revenues | 74,166,000 | 79,870,000 | 77,862,000 | 69,638,000 | 68,842,000 | 64,465,000 | 55,546,000 | 56,316,000 | 45,338,000 | 35,043,000 | 34,740,000 | 26,113,000 | 22,272,000 | 20,797,000 | 14,622,000 | 16,079,000 | 21,664,000 | 19,516,000 | 15,396,371 | 12,817,001 | 14,364,341 | 11,208,556 | 12,279,677 | 9,745,793 | 8,216,466 | 5,760,750 | 7,575,307 | 6,827,619 | 7,477,870 | 5,868,538 | 6,031,833 | 5,924,091 | 6,067,283 | 6,020,841 | 5,083,461 | 4,181,485 | |||||||||||||||||||||||||||||||||||||||||||||||
restructuring on royalty interests in mineral properties | 1,328,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on available-for-sale securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to royal gold stockholders | 6,464,000 | 27,217,000 | 24,771,000 | 25,999,000 | 23,411,000 | 22,495,000 | 19,565,000 | 18,312,000 | 11,831,000 | -5,754,000 | 9,615,000 | 7,126,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized change in market value of available for sale securities | 5,046,000 | 3,904,000 | 7,000 | 94,000 | 53,000 | 85,957 | 35,510.5 | 65,448 | 25,452 | 51,143 | 48,974.25 | 91,282 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized loss on available-for-sale securities | 10,246,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to comprehensive income, net of tax unrealized change in market value of available for sale securities | 145,000 | -54,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs of operations | 3,544,000 | 3,949,000 | 1,192,000 | 1,894,000 | 1,638,000 | 1,201,000 | 936,000 | 1,154,000 | 613,000 | 847,000 | 981,000 | 1,046,000 | 930,152 | 864,366 | 984,871 | 711,765 | 872,070 | 658,517 | 705,458 | 475,682 | 617,509 | 489,698 | 456,547 | 395,272 | 519,404 | 459,281 | 419,510 | 418,900 | 347,183 | 335,148 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
exploration and business development | 1,105,000 | 827,000 | 687,000 | 988,000 | 2,828,000 | 885,000 | 629,000 | 732,000 | 963,000 | 674,000 | 781,000 | 817,000 | 1,851,064 | 629,657 | 923,052 | 679,229 | 472,630 | 418,541 | 725,031 | 1,210,452 | 1,026,540 | 434,710 | 435,112 | 380,665 | 587,528 | 455,616 | 460,291 | 150,705 | 250,635 | 522,439 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
severance and acquisition related costs | 16,946,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interests | -826,000 | -737,000 | -1,996,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on royalty restructuring | 7,875,000 | 31,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to non-controlling interest | -1,996,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in income of consolidated subsidiary | -1,199,000 | -1,272,000 | -301,000 | -237,000 | -670,000 | -140,000 | -322,448 | -220,140 | -458,493 | -353,519 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized change in market value of available for sale securities, net of tax | -24,000 | 240,000 | -186,250 | 154,348 | -83,075 | -189,182 | 77,745 | -17,886 | 576,114 | 139,197 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred dividends | -1,204,306 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 7,059,000 | 4,142,000 | 21,397,000 | 7,860,000 | 3,836,000 | 3,860,940 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current tax expense | -14,116,000 | -3,552,000 | -2,822,000 | -3,814,000 | -2,910,888 | -3,263,948 | -2,498,445 | -1,891,040 | -3,269,129 | -2,650,944 | -1,642,470 | -976,681 | -1,591,236 | -1,763,491 | -1,239,572 | -599,445 | -549,600 | -658,934 | -19,237 | -101,963 | -16,385 | -73,705 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit | 2,118,000 | 423,000 | -1,258,000 | 242,000 | 485,687 | 414,655 | -405,884 | 205,275 | 718,556 | 243,346 | -47,957 | 299,088 | 262,924 | 359,156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from equity investment | -511,227 | -38,284 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to comprehensive income unrealized change in market value of available for sale securities, net of tax | -312,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss in market value of available for sale securities, net of tax | -24,250 | -70,500 | -109,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends and deemed dividend | -3,584,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain in market value of available for sale securities, net of tax | 13,438 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of available for sale securities | 51 | 163,526 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realization of the change in market value on sale of available for sale securities, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash employee stock compensation expense | 43,088 | 43,088 | 119,125 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax expense | -381,203 | -295,896 | -99,882 | -277,930 | -525,824.75 | -938,646 | -698,425 | -466,228 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to arrive at comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realization of the change in market value on sale of available for sale securities | -26,172.25 | -33 | -104,657 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and depletion | 860,188 | 615,804.75 | 762,288 | 786,039 | 914,891 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2021-09-30 | 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 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 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 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and equivalents | 234,142,000 | 233,719,000 | 172,849,000 | 248,180,000 | 240,760,000 | 195,498,000 | 127,882,000 | 74,232,000 | 137,950,000 | 104,167,000 | 102,901,000 | 106,157,000 | 126,816,000 | 118,586,000 | 122,238,000 | 280,617,000 | 183,707,000 | 160,208,000 | 225,916,000 | 370,260,000 | 381,859,000 | 413,116,000 | 319,128,000 | 93,715,000 | 80,504,000 | 121,970,000 | 119,475,000 | 215,996,000 | 156,536,000 | 117,078,000 | 88,750,000 | 109,376,000 | 98,132,000 | 88,395,000 | 85,847,000 | 88,090,000 | 83,988,000 | 133,042,000 | 122,863,000 | 117,600,000 | 104,310,000 | 715,228,000 | 675,128,000 | 691,411,000 | 646,112,000 | 659,289,000 | 637,899,000 | 673,103,000 | 680,731,000 | 302,037,000 | 183,338,000 | 95,802,000 | 123,401,000 | 125,771,000 | 71,409,000 | 321,503,000 | 53,650,000 | 316,837,000 | 307,497,000 | 294,566,000 | 50,538,000 | 55,040,000 | 209,813,000 | 192,035,000 | 183,823,000 | 195,652,395 | 90,812,323 | 82,841,861 | 19,167,669 | 70,936,374 | 73,220,304 | 78,449,383 | 79,910,270 | 79,873,075 | 109,484,240 | 48,840,371 | 46,880,989 | 43,366,461 | 48,666,658 | 41,667,029 | 38,757,146 | 35,395,228 | |
royalty receivables | 142,804,000 | 110,846,000 | 69,701,000 | 64,994,000 | 57,729,000 | 63,460,000 | 50,118,000 | 40,338,000 | 38,757,000 | 48,884,000 | 34,727,000 | 36,458,000 | 46,934,000 | 49,405,000 | 28,476,000 | 36,868,000 | 53,518,000 | 52,959,000 | 47,242,000 | 45,427,000 | 44,316,000 | 33,573,000 | 27,689,000 | 32,322,000 | 28,446,000 | 26,635,000 | 20,733,000 | 27,554,000 | 25,659,000 | 25,106,000 | 26,356,000 | 27,795,000 | 29,285,000 | 29,079,000 | 23,461,000 | 22,791,000 | 23,489,000 | 23,951,000 | 20,233,000 | 22,913,000 | 24,539,000 | 39,486,000 | 37,314,000 | 43,227,000 | 42,209,000 | 43,055,000 | 48,191,000 | 59,019,000 | 70,754,000 | 64,735,000 | 62,086,000 | 64,521,000 | 54,778,000 | 46,503,000 | 52,869,000 | 43,041,000 | 34,528,000 | 32,440,000 | 25,314,000 | 20,597,000 | 18,248,000 | 14,833,000 | 11,392,000 | 17,627,000 | 15,677,000 | 12,760,775 | 11,135,438 | 12,470,451 | 8,223,143 | 8,620,951 | 7,006,767 | 5,962,053 | 4,729,696 | 6,391,361 | 5,883,825 | 6,601,329 | 5,125,461 | 5,207,388 | 5,014,547 | 5,221,307 | 5,120,922 | 4,312,124 | 3,401,711 |
income tax receivable | 109,000 | 2,108,000 | 20,805,000 | 13,573,000 | 1,370,000 | 1,139,000 | 10,190,000 | 5,637,000 | 3,109,000 | 2,676,000 | 14,248,000 | 9,602,000 | 1,724,000 | 3,066,000 | 15,056,000 | 7,712,000 | 4,397,000 | 4,081,000 | 4,520,000 | 14,669,000 | 8,939,000 | 4,298,000 | 2,435,000 | 11,361,000 | 9,671,000 | 3,698,000 | 2,702,000 | 8,790,000 | 12,793,000 | 6,381,000 | 40,000 | 1,149,000 | 27,366,000 | 26,023,000 | 22,169,000 | 16,006,000 | 16,821,000 | 21,028,000 | 21,578,000 | 12,828,000 | 13,550,000 | 23,800,000 | 16,271,000 | 20,026,000 | 22,989,000 | 24,137,000 | 10,379,000 | 7,204,000 | 463,000 | 5,459,000 | 2,147,000 | 2,575,000 | 4,279,000 | 2,372,000 | 1,310,000 | ||||||||||||||||||||||||||||
stream inventory | 30,864,000 | 25,883,000 | 21,009,000 | 13,337,000 | 14,556,000 | 12,973,000 | 11,620,000 | 10,904,000 | 11,417,000 | 9,788,000 | 9,851,000 | 10,657,000 | 11,599,000 | 12,656,000 | 13,691,000 | 13,172,000 | 8,490,000 | 12,222,000 | 17,684,000 | 14,491,000 | 13,900,000 | 17,159,000 | 11,671,000 | 11,947,000 | 15,336,000 | 10,772,000 | 11,380,000 | 12,413,000 | 7,954,000 | 10,011,000 | 9,311,000 | 12,699,000 | 7,359,000 | 7,794,000 | 7,883,000 | 6,624,000 | 10,179,000 | 12,615,000 | 5,402,000 | 8,289,000 | |||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other | 4,360,000 | 4,890,000 | 3,006,000 | 1,929,000 | 2,084,000 | 2,217,000 | 2,295,000 | 2,387,000 | 1,815,000 | 1,911,000 | 2,039,000 | 2,375,000 | 2,091,000 | 2,120,000 | 2,322,000 | 1,971,000 | 8,533,000 | 2,613,000 | 1,773,000 | 1,475,000 | 1,477,000 | 1,679,000 | 1,227,000 | 1,232,000 | 2,485,000 | 1,135,000 | 389,000 | 602,000 | 793,000 | 854,000 | 1,350,000 | 826,000 | 3,337,000 | 4,488,000 | 822,000 | 663,000 | 1,720,000 | 1,350,000 | 1,243,000 | 1,230,000 | 9,912,000 | 4,911,000 | 15,626,000 | 6,469,000 | 4,090,000 | 2,084,000 | 720,000 | 680,000 | 1,007,000 | 1,429,000 | 709,000 | 370,000 | 308,000 | 329,000 | 282,258 | 753,894 | 216,857 | 221,750 | 484,174 | 404,969 | 232,839 | 739,206 | 3,935,579 | 323,611 | 333,883 | 223,272 | 532,454 | 277,308 | 207,662 | 490,704 | 287,452 | 260,867 | |||||||||||
total current assets | 412,279,000 | 377,446,000 | 287,370,000 | 342,013,000 | 316,499,000 | 275,287,000 | 202,105,000 | 133,498,000 | 193,048,000 | 167,426,000 | 163,766,000 | 165,249,000 | 189,164,000 | 185,833,000 | 181,783,000 | 340,340,000 | 258,645,000 | 232,083,000 | 297,135,000 | 446,322,000 | 450,491,000 | 469,825,000 | 362,150,000 | 150,577,000 | 136,442,000 | 164,210,000 | 154,679,000 | 265,355,000 | 203,735,000 | 159,430,000 | 125,807,000 | 151,845,000 | 165,479,000 | 155,779,000 | 140,182,000 | 134,174,000 | 136,197,000 | 191,986,000 | 175,180,000 | 162,860,000 | 152,311,000 | 759,625,000 | 751,868,000 | 757,378,000 | 712,437,000 | 729,012,000 | 715,400,000 | 748,985,000 | 781,050,000 | 371,847,000 | 251,513,000 | 166,128,000 | 184,522,000 | 184,996,000 | 128,387,000 | 366,361,000 | 93,000,000 | 354,434,000 | 333,676,000 | 318,708,000 | 72,344,000 | 70,722,000 | 221,714,000 | 211,411,000 | 199,912,000 | 209,359,307 | 102,865,690 | 95,683,219 | 28,455,310 | 80,148,050 | 80,742,352 | 84,775,896 | 85,531,879 | 90,948,061 | 116,110,584 | 56,228,313 | 53,222,167 | 50,430,383 | 55,264,297 | 51,901,175 | 49,004,777 | 46,447,425 | 39,057,806 |
stream and royalty interests | 8,539,286,000 | 8,583,875,000 | 4,102,231,000 | 3,141,548,000 | 3,059,885,000 | 3,042,804,000 | 3,021,324,000 | 3,053,988,000 | 3,038,495,000 | 3,075,574,000 | 3,115,580,000 | 3,155,561,000 | 3,191,385,000 | 3,237,402,000 | 3,084,380,000 | 2,389,864,000 | 2,433,689,000 | 2,476,630,000 | 2,262,158,000 | 2,224,435,000 | 2,231,980,000 | 2,242,314,000 | 2,318,913,000 | 2,317,413,000 | 2,333,091,000 | 2,305,018,000 | 2,339,316,000 | 2,381,592,000 | 2,419,908,000 | 2,458,615,000 | 2,501,117,000 | 2,532,603,000 | 2,810,616,000 | 2,852,598,000 | 2,892,256,000 | 2,932,087,000 | 2,961,328,000 | 2,898,094,000 | |||||||||||||||||||||||||||||||||||||||||||||
equity method investment | 314,281,000 | 300,854,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketable securities | 97,114,000 | 172,880,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 126,746,000 | 102,469,000 | 75,499,000 | 88,892,000 | 81,934,000 | 74,039,000 | 78,196,000 | 81,535,000 | 81,765,000 | 118,057,000 | 117,817,000 | 118,899,000 | 110,483,000 | 111,287,000 | 110,630,000 | 122,842,000 | 97,518,000 | 96,964,000 | 92,312,000 | 82,769,000 | 81,263,000 | 85,048,000 | 85,224,000 | 81,874,000 | 85,103,000 | 78,683,000 | 50,156,000 | 52,438,000 | 51,463,000 | 54,821,000 | 55,092,000 | 68,999,000 | 53,305,000 | 57,518,000 | 58,202,000 | 62,521,000 | 62,719,000 | 58,511,000 | 60,622,000 | 55,576,000 | 57,608,000 | 35,081,000 | 35,780,000 | 35,894,000 | 29,739,000 | 29,431,000 | 30,338,000 | 26,678,000 | 23,904,000 | 21,776,000 | 12,404,000 | 12,688,000 | 12,486,000 | 11,911,000 | 19,760,000 | 21,852,000 | 15,780,000 | 4,665,000 | 4,900,000 | 5,378,000 | 5,786,000 | 5,277,000 | 7,801,000 | 7,283,000 | 7,445,000 | 6,433,095 | 2,987,772 | 2,276,049 | 1,681,126 | 641,211 | 419,106 | 410,895 | 405,086 | 474,667 | 652,481 | 557,771 | 605,946 | 622,631 | 619,067 | 568,228 | 161,533 | 121,193 | 115,127 |
total assets | 9,489,706,000 | 9,537,524,000 | 4,465,100,000 | 3,572,453,000 | 3,458,318,000 | 3,392,130,000 | 3,301,625,000 | 3,269,021,000 | 3,313,308,000 | 3,361,057,000 | 3,397,163,000 | 3,439,709,000 | 3,491,032,000 | 3,534,522,000 | 3,376,793,000 | 2,853,046,000 | 2,789,852,000 | 2,805,677,000 | 2,651,605,000 | 2,753,526,000 | 2,763,734,000 | 2,797,187,000 | 2,766,287,000 | 2,549,864,000 | 2,554,636,000 | 2,547,911,000 | 2,544,151,000 | 2,699,385,000 | 2,675,106,000 | 2,672,866,000 | 2,682,016,000 | 2,753,447,000 | 3,029,400,000 | 3,065,895,000 | 3,090,640,000 | 3,128,782,000 | 3,160,244,000 | 3,148,591,000 | 3,099,242,000 | 3,223,268,000 | 3,228,695,000 | 2,910,027,000 | 2,862,588,000 | 2,892,863,000 | 2,882,831,000 | 2,889,198,000 | 2,902,493,000 | 2,893,860,000 | 2,887,047,000 | 2,403,359,000 | 2,108,956,000 | 1,994,379,000 | 1,892,479,000 | 1,912,727,000 | 1,863,624,000 | 1,862,807,000 | 1,586,734,000 | 804,353,000 | 793,503,000 | 809,924,000 | 574,714,000 | 582,627,000 | 556,865,000 | 546,284,000 | 540,288,000 | 542,146,989 | 371,790,449 | 356,649,190 | 290,347,690 | 183,391,683 | 179,128,821 | 172,259,821 | 169,576,965 | 167,825,961 | 161,585,314 | 102,318,555 | 100,778,511 | 98,516,802 | 96,096,874 | 93,521,810 | 91,421,208 | 89,166,006 | 86,952,544 |
liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 7,269,000 | 10,060,000 | 6,047,000 | 5,506,000 | 2,464,000 | 10,578,000 | 13,245,000 | 13,227,000 | 11,599,000 | 11,441,000 | 8,626,000 | 8,552,000 | 7,852,000 | 6,686,000 | 7,332,000 | 7,067,000 | 6,267,000 | 5,471,000 | 6,398,000 | 4,380,000 | 2,587,000 | 2,901,000 | 2,484,000 | 1,501,000 | 3,170,000 | 3,496,000 | 2,890,000 | 5,005,000 | 2,291,000 | 5,055,000 | 9,090,000 | 3,008,000 | 2,251,000 | 2,924,000 | 3,908,000 | 2,474,000 | 2,282,000 | 6,129,000 | 3,413,000 | 2,781,000 | 8,383,000 | 2,205,000 | 2,742,000 | 2,311,000 | 2,949,000 | 2,269,000 | 2,254,000 | 2,446,000 | 2,255,000 | 3,087,000 | 2,180,000 | 2,740,000 | 2,224,000 | 2,900,000 | 2,624,000 | 2,233,000 | 4,025,000 | 3,575,000 | 1,194,000 | 2,403,000 | 5,702,000 | 6,378,000 | 7,484,000 | 3,122,000 | 4,738,000 | 4,109,442 | 3,396,145 | 2,342,330 | 3,707,360 | 2,790,797 | 1,556,881 | 1,075,644 | 2,418,215 | 3,375,960 | 1,916,050 | 1,140,509 | 2,038,457 | 1,967,632 | 1,429,845 | 1,232,539 | 1,611,272 | 1,329,532 | 990,531 |
dividends payable | 40,330,000 | 40,186,000 | 29,640,000 | 29,640,000 | 29,634,000 | 29,611,000 | 26,320,000 | 26,314,000 | 26,311,000 | 26,292,000 | 24,649,000 | 24,646,000 | 24,642,000 | 24,627,000 | 22,985,000 | 22,984,000 | 22,984,000 | 19,690,000 | 19,681,000 | 19,680,000 | 19,680,000 | 18,368,000 | 18,364,000 | 18,359,000 | 18,354,000 | 17,380,000 | 17,372,000 | 17,361,000 | 17,359,000 | 16,376,000 | 16,375,000 | 16,361,000 | 16,363,000 | 15,708,000 | 15,682,000 | 15,681,000 | 15,680,000 | 15,023,000 | 15,011,000 | 15,010,000 | 14,357,000 | 14,342,000 | 14,342,000 | 13,691,000 | 13,673,000 | 13,674,000 | 13,022,000 | 13,009,000 | 13,010,000 | 8,966,000 | 8,947,000 | 8,343,000 | 6,112,000 | 6,086,000 | 6,087,000 | 4,978,000 | 4,422,000 | 3,684,000 | 3,262,000 | 3,259,000 | 2,738,000 | 2,736,000 | 2,384,000 | 2,384,000 | 2,384,000 | 2,113,511 | 1,885,409 | 1,050,478 | |||||||||||||||
income tax payable | 32,469,000 | 33,303,000 | 41,096,000 | 24,421,000 | 15,345,000 | 23,177,000 | 30,386,000 | 18,103,000 | 22,022,000 | 15,557,000 | 22,493,000 | 15,603,000 | 8,225,000 | 16,065,000 | 21,716,000 | 24,047,000 | 8,160,000 | 23,933,000 | 14,479,000 | 25,660,000 | 23,318,000 | 25,730,000 | 13,323,000 | 21,027,000 | 14,366,000 | 5,548,000 | 6,974,000 | 16,251,000 | 10,739,000 | 8,012,000 | 18,253,000 | 12,431,000 | 15,097,000 | 11,686,000 | 5,651,000 | 3,170,000 | 1,702,000 | 520,000 | 8,870,000 | 935,000 | 151,000 | ||||||||||||||||||||||||||||||||||||||||||
other current liabilities | 37,023,000 | 37,367,000 | 22,753,000 | 16,534,000 | 19,329,000 | 21,785,000 | 16,372,000 | 14,739,000 | 17,213,000 | 19,132,000 | 15,079,000 | 14,267,000 | 14,279,000 | 16,209,000 | 12,443,000 | 9,915,000 | 12,132,000 | 11,170,000 | 11,525,000 | 12,971,000 | 11,569,000 | 9,140,000 | 9,384,000 | 8,943,000 | 8,240,000 | 5,949,000 | 5,280,000 | 7,786,000 | 4,439,000 | 5,377,000 | 4,411,000 | 8,045,000 | 4,413,000 | 5,915,000 | 5,617,000 | 6,622,000 | 4,376,000 | 4,433,000 | 5,778,000 | 2,727,000 | 4,380,000 | 5,791,000 | 2,182,000 | 3,904,000 | 4,938,000 | 2,857,000 | 5,509,000 | 6,188,000 | 3,288,000 | 5,572,000 | 3,938,000 | 3,518,000 | 3,204,000 | 9,352,000 | 3,243,000 | 3,056,000 | 2,298,000 | ||||||||||||||||||||||||||
total current liabilities | 117,091,000 | 120,916,000 | 99,536,000 | 76,101,000 | 66,772,000 | 85,151,000 | 86,323,000 | 122,383,000 | 77,145,000 | 72,422,000 | 70,847,000 | 63,068,000 | 54,998,000 | 63,587,000 | 64,476,000 | 64,013,000 | 49,543,000 | 60,264,000 | 52,083,000 | 62,691,000 | 57,154,000 | 56,139,000 | 43,555,000 | 49,830,000 | 44,130,000 | 32,373,000 | 33,610,000 | 49,264,000 | 37,176,000 | 37,371,000 | 51,383,000 | 43,497,000 | 41,575,000 | 39,695,000 | 30,858,000 | 24,777,000 | 22,338,000 | 25,585,000 | 24,202,000 | 20,518,000 | 27,120,000 | 25,706,000 | 19,466,000 | 20,785,000 | 25,544,000 | 24,210,000 | 28,047,000 | 21,643,000 | 18,553,000 | 19,327,000 | 31,185,000 | 30,201,000 | 36,010,000 | 33,938,000 | 37,954,000 | 37,202,000 | 36,745,000 | 7,804,000 | 5,365,000 | 6,189,000 | 10,575,000 | 19,551,000 | 13,054,000 | 7,303,000 | 8,958,000 | 8,368,263 | 9,128,270 | 4,688,527 | 5,700,816 | 5,690,550 | 6,166,380 | 3,323,516 | 4,214,354 | 5,649,515 | 5,550,538 | 2,898,228 | 3,679,443 | 3,959,335 | 3,461,768 | 2,441,434 | 2,804,990 | 2,703,822 | 1,480,145 |
debt | 595,689,000 | 895,436,000 | 770,195,000 | 146,187,000 | 245,967,000 | 320,750,000 | 395,529,000 | 496,817,000 | 571,572,000 | 446,327,000 | 95,403,000 | 146,270,000 | 195,983,000 | 270,696,000 | 300,439,000 | 100,154,000 | 129,869,000 | 164,595,000 | 214,554,000 | 362,915,000 | 358,897,000 | 354,939,000 | 351,027,000 | 422,273,000 | 493,486,000 | 539,772,000 | 586,170,000 | 635,881,000 | 677,429,000 | 674,029,000 | 630,252,000 | 677,494,000 | 674,780,000 | 319,484,000 | 316,874,000 | 314,333,000 | 309,401,000 | 306,983,000 | 304,604,000 | 299,961,000 | 297,697,000 | 295,440,000 | |||||||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 1,187,876,000 | 1,190,672,000 | 131,189,000 | 131,644,000 | 131,879,000 | 132,308,000 | 132,857,000 | 133,351,000 | 133,934,000 | 134,299,000 | 135,624,000 | 136,136,000 | 136,784,000 | 138,156,000 | 140,197,000 | 86,206,000 | 87,760,000 | 87,687,000 | 88,000,000 | 84,079,000 | 85,017,000 | 85,784,000 | 86,439,000 | 86,776,000 | 87,352,000 | 88,184,000 | 88,961,000 | 90,321,000 | 90,700,000 | 91,356,000 | 91,147,000 | 103,221,000 | 147,548,000 | 121,731,000 | 121,330,000 | 120,895,000 | 120,773,000 | 120,672,000 | 139,861,000 | 140,614,000 | 145,256,000 | 135,666,000 | 152,762,000 | 164,490,000 | 161,277,000 | 166,241,000 | 171,422,000 | 6,382,102 | 6,639,589 | 7,060,617 | 7,178,907 | 7,290,639 | 7,134,267 | 7,271,441 | 7,586,402 | 7,566,582 | |||||||||||||||||||||||||||
mount milligan deferred liability | 69,211,000 | 69,211,000 | 25,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | 25,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 57,575,000 | 55,942,000 | 22,613,000 | 20,749,000 | 19,521,000 | 18,465,000 | 6,517,000 | 7,094,000 | 7,676,000 | 7,728,000 | 8,160,000 | 9,083,000 | 7,501,000 | 7,738,000 | 5,854,000 | 6,169,000 | 6,435,000 | 6,920,000 | 7,197,000 | 7,404,000 | 7,634,000 | 93,689 | 100,289 | 106,889 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 2,027,442,000 | 2,332,177,000 | 1,048,533,000 | 253,494,000 | 243,172,000 | 260,924,000 | 250,697,000 | 287,828,000 | 389,942,000 | 460,416,000 | 535,381,000 | 603,816,000 | 696,100,000 | 781,053,000 | 656,854,000 | 156,388,000 | 143,738,000 | 251,164,000 | 148,190,000 | 313,401,000 | 359,055,000 | 433,966,000 | 464,168,000 | 279,329,000 | 307,422,000 | 325,583,000 | 373,698,000 | 539,024,000 | 528,136,000 | 533,600,000 | 540,747,000 | 623,042,000 | 729,583,000 | 735,709,000 | 770,376,000 | 812,281,000 | 849,979,000 | 850,047,000 | 817,884,000 | 861,050,000 | 868,873,000 | 497,011,000 | 504,554,000 | 514,523,000 | 522,009,000 | 520,445,000 | 527,557,000 | 516,001,000 | 514,299,000 | 517,305,000 | 303,280,000 | 478,916,000 | 388,793,000 | 442,575,000 | 408,583,000 | 421,309,000 | 434,482,000 | 29,859,000 | 28,649,000 | 49,513,000 | 53,981,000 | 62,922,000 | 58,269,000 | 49,591,000 | 50,213,000 | 50,219,564 | 30,373,913 | 26,447,397 | 87,910,867 | 12,414,688 | 13,318,146 | 10,600,172 | 11,581,827 | 12,867,216 | 12,912,013 | 10,581,264 | 11,329,314 | 11,815,687 | 11,428,370 | 10,623,498 | |||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, .01 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, .01 par value... | 846,000 | 845,000 | 658,000 | 658,000 | 657,000 | 657,000 | 657,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 656,000 | 655,000 | 655,000 | 655,000 | 655,000 | 655,000 | 654,000 | 654,000 | 654,000 | 654,000 | 653,000 | 653,000 | 653,000 | 652,000 | 652,000 | 652,000 | 652,000 | 651,000 | 651,000 | 651,000 | 650,000 | 647,000 | 646,000 | 644,000 | 643,000 | 642,000 | 642,000 | 642,000 | 588,000 | 586,000 | 546,000 | 545,000 | 536,000 | 535,000 | 534,000 | 472,000 | 407,000 | 405,000 | 339,000 | 291,548 | 288,929 | 244,291 | 238,441 | 238,165 | 238,165 | 237,619 | 236,827 | 234,874 | 212,585 | 212,387 | 210,824 | 210,125 | 210,125 | 210,125 | 210,125 | 209,977 | ||||||
additional paid-in capital | 5,946,311,000 | 5,928,123,000 | 2,232,063,000 | 2,229,722,000 | 2,228,497,000 | 2,228,311,000 | 2,225,788,000 | 2,225,942,000 | 2,223,021,000 | 2,221,039,000 | 2,218,695,000 | 2,217,559,000 | 2,215,362,000 | 2,213,123,000 | 2,211,353,000 | 2,210,809,000 | 2,208,425,000 | 2,204,457,000 | 2,203,863,000 | 2,202,410,000 | 2,201,076,000 | 2,199,705,000 | 2,210,429,000 | 2,209,098,000 | 2,205,364,000 | 2,202,350,000 | 2,201,773,000 | 2,199,349,000 | 2,197,254,000 | 2,195,034,000 | 2,192,612,000 | 2,188,251,000 | 2,186,648,000 | 2,184,639,000 | 2,185,796,000 | 2,182,496,000 | 2,182,521,000 | 2,180,815,000 | 2,178,011,000 | 2,175,845,000 | 2,174,720,000 | 2,168,675,000 | 2,151,335,000 | 2,149,996,000 | 2,138,899,000 | 2,144,250,000 | 2,143,761,000 | 2,140,410,000 | 2,138,153,000 | 1,660,001,000 | 1,604,019,000 | 1,334,192,000 | 1,330,012,000 | 1,289,942,000 | 1,285,296,000 | 1,282,596,000 | 1,077,207,000 | 710,478,000 | 703,837,000 | 702,407,000 | 466,100,000 | 465,862,000 | 463,971,000 | 463,335,000 | 468,982,000 | 350,636,868 | 317,777,484 | 310,439,112 | 187,239,971 | 168,133,514 | 166,872,510 | 166,459,671 | 165,043,413 | 163,105,445 | 158,572,102 | 104,163,515 | 103,924,200 | 102,946,283 | 102,019,891 | 102,019,891 | 101,348,938 | 101,348,938 | 101,222,270 |
accumulated other comprehensive income | 993,000 | -1,201,000 | 21,000 | 687,000 | 1,076,000 | 879,000 | 1,183,000 | 822,000 | 553,000 | 73,000 | 117,000 | 14,000 | 68,000 | -27,000 | -80,000 | -32,000 | -7,000 | -248,000 | 65,000 | 176,000 | 285,485 | 272,048 | 458,298 | 303,950 | 387,025 | 576,207 | 498,462 | 516,348 | -198,963 | -284,920 | 65,450 | 35 | 79,240 | 28,097 | 260,860 | 169,578 | -42,746 | ||||||||||||||||||||||||||||||||||||||||||||||
accumulated earnings | 1,467,969,000 | 1,227,169,000 | 1,173,746,000 | 1,076,562,000 | 973,853,000 | 889,989,000 | 812,192,000 | 742,270,000 | 687,377,000 | 666,522,000 | 630,035,000 | 605,347,000 | 566,545,000 | 527,314,000 | 495,570,000 | 472,764,000 | 424,608,000 | 336,734,000 | 286,249,000 | 224,254,000 | 189,910,000 | 149,702,000 | 61,133,000 | 30,483,000 | 10,290,000 | -89,898,000 | -100,173,000 | 69,842,000 | 100,972,000 | 88,050,000 | 83,710,000 | 75,732,000 | 63,349,000 | 43,153,000 | 125,821,000 | 125,717,000 | 184,644,000 | 173,972,000 | 194,859,000 | 186,915,000 | 180,446,000 | 183,453,000 | 183,586,000 | 190,131,000 | 175,925,000 | 148,500,000 | 131,451,000 | 116,385,000 | 84,411,000 | 70,935,000 | 58,713,000 | 46,326,000 | 56,503,000 | 50,572,000 | 46,709,000 | 42,909,000 | 41,534,000 | 22,873,000 | 21,543,000 | 16,067,000 | 15,819,164 | 12,867,429 | 8,991,529 | 5,174,047 | 3,314,887 | ||||||||||||||||||
total royal gold stockholders’ equity | 7,415,126,000 | 7,157,130,000 | 3,406,467,000 | 3,306,942,000 | 3,203,007,000 | 3,118,957,000 | 3,038,637,000 | 2,968,868,000 | 2,911,054,000 | 2,888,217,000 | 2,849,386,000 | 2,823,562,000 | 2,782,563,000 | 2,741,093,000 | 2,707,579,000 | 2,684,229,000 | 2,633,689,000 | 2,541,847,000 | 2,490,768,000 | 2,427,320,000 | 2,391,642,000 | 2,350,063,000 | 2,272,217,000 | 2,240,236,000 | 2,216,309,000 | 2,190,329,000 | 2,136,681,000 | 2,125,440,000 | 2,111,670,000 | 2,103,221,000 | 2,102,167,000 | 2,088,752,000 | 2,257,830,000 | 2,287,340,000 | 2,275,377,000 | 2,268,041,000 | 2,259,727,000 | 2,244,816,000 | 2,222,368,000 | 2,301,163,000 | 2,297,347,000 | 2,350,017,000 | 2,340,679,000 | 2,360,719,000 | 2,342,815,000 | 2,347,827,000 | 2,353,776,000 | 2,353,892,000 | 2,348,359,000 | 1,861,414,000 | 1,780,618,000 | 1,489,829,000 | 1,477,541,000 | 1,442,623,000 | 1,427,309,000 | 1,412,466,000 | 1,120,462,000 | 763,899,000 | 754,787,000 | ||||||||||||||||||||||||
non-controlling interests | 47,138,000 | 48,217,000 | 10,100,000 | 12,017,000 | 12,139,000 | 12,249,000 | 12,291,000 | 12,325,000 | 12,312,000 | 12,424,000 | 12,396,000 | 12,331,000 | 12,369,000 | 12,376,000 | 12,360,000 | 12,429,000 | 12,425,000 | 12,666,000 | 12,647,000 | 12,805,000 | 13,037,000 | 13,158,000 | 29,902,000 | 30,299,000 | 30,905,000 | 31,999,000 | 33,772,000 | 34,921,000 | 35,300,000 | 36,045,000 | 39,102,000 | 41,653,000 | 41,987,000 | 42,846,000 | 44,887,000 | 48,460,000 | 50,538,000 | 53,728,000 | 58,990,000 | 61,055,000 | 62,475,000 | 62,999,000 | 17,355,000 | 17,621,000 | 18,007,000 | 20,926,000 | 21,160,000 | 23,967,000 | 24,389,000 | 24,640,000 | 25,058,000 | 25,634,000 | 26,145,000 | 27,529,000 | 27,732,000 | 29,032,000 | 31,790,000 | 10,595,000 | 10,067,000 | ||||||||||||||||||||||||
total equity | 7,462,264,000 | 7,205,347,000 | 3,416,567,000 | 3,318,959,000 | 3,215,146,000 | 3,131,206,000 | 3,050,928,000 | 2,981,193,000 | 2,923,366,000 | 2,900,641,000 | 2,861,782,000 | 2,835,893,000 | 2,794,932,000 | 2,753,469,000 | 2,719,939,000 | 2,696,658,000 | 2,646,114,000 | 2,554,513,000 | 2,503,415,000 | 2,440,125,000 | 2,404,679,000 | 2,363,221,000 | 2,302,119,000 | 2,270,535,000 | 2,247,214,000 | 2,222,328,000 | 2,170,453,000 | 2,160,361,000 | 2,146,970,000 | 2,139,266,000 | 2,141,269,000 | 2,130,405,000 | 2,299,817,000 | 2,330,186,000 | 2,320,264,000 | 2,316,501,000 | 2,310,265,000 | 2,298,544,000 | 2,281,358,000 | 2,362,218,000 | 2,359,822,000 | 2,413,016,000 | 2,358,034,000 | 2,378,340,000 | 2,360,822,000 | 2,368,753,000 | 2,374,936,000 | 2,377,859,000 | 2,372,748,000 | 1,886,054,000 | 1,805,676,000 | 1,515,463,000 | 1,503,686,000 | 1,470,152,000 | 1,455,041,000 | 1,441,498,000 | 1,152,252,000 | ||||||||||||||||||||||||||
total liabilities and equity | 9,489,706,000 | 9,537,524,000 | 4,465,100,000 | 3,572,453,000 | 3,458,318,000 | 3,392,130,000 | 3,301,625,000 | 3,269,021,000 | 3,313,308,000 | 3,361,057,000 | 3,397,163,000 | 3,439,709,000 | 3,491,032,000 | 3,534,522,000 | 3,376,793,000 | 2,853,046,000 | 2,789,852,000 | 2,805,677,000 | 2,651,605,000 | 2,753,526,000 | 2,763,734,000 | 2,797,187,000 | 2,766,287,000 | 2,549,864,000 | 2,554,636,000 | 2,547,911,000 | 2,544,151,000 | 2,699,385,000 | 2,675,106,000 | 2,672,866,000 | 2,682,016,000 | 2,753,447,000 | 3,029,400,000 | 3,065,895,000 | 3,090,640,000 | 3,128,782,000 | 3,160,244,000 | 3,148,591,000 | 3,099,242,000 | 3,223,268,000 | 3,228,695,000 | 2,910,027,000 | 2,862,588,000 | 2,892,863,000 | 2,882,831,000 | 2,889,198,000 | 2,902,493,000 | 2,893,860,000 | 2,887,047,000 | 2,403,359,000 | 2,108,956,000 | 1,994,379,000 | 1,892,479,000 | 1,912,727,000 | 1,863,624,000 | 1,862,807,000 | 1,586,734,000 | ||||||||||||||||||||||||||
current portion of long-term debt | 50,000,000 | 15,600,000 | 15,600,000 | 15,600,000 | 15,600,000 | 26,000,000 | 26,000,000 | 26,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mount milligan support liability | 25,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
uncertain tax positions | 890,000 | 910,000 | 12,957,000 | 13,267,000 | 13,230,000 | 25,427,000 | 36,441,000 | 39,804,000 | 38,322,000 | 36,573,000 | 36,524,000 | 35,590,000 | 36,659,000 | 33,394,000 | 36,616,000 | 30,187,000 | 28,120,000 | 25,627,000 | 24,337,000 | 23,048,000 | 23,370,000 | 17,080,000 | 15,935,000 | 15,207,000 | 15,461,000 | 14,752,000 | 14,208,000 | 23,590,000 | 22,450,000 | 21,906,000 | 20,172,000 | 19,821,000 | 20,095,000 | 17,653,000 | 20,576,000 | 19,140,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 8,117,000 | 8,308,000 | 6,128,000 | 6,267,000 | 2,109,000 | 5,773,000 | 13,275,000 | 13,796,000 | 17,435,000 | 16,787,000 | 6,391,000 | 6,391,000 | 6,391,000 | 6,391,000 | 6,391,000 | 6,489,000 | 6,489,000 | 6,510,000 | 694,000 | 700,000 | 707,000 | 2,197,000 | 561,000 | 1,578,000 | 2,016,000 | 2,353,000 | 2,674,000 | 3,836,000 | 3,766,000 | 4,015,000 | 22,757,000 | 19,754,000 | 16,045,000 | 13,595,000 | 831,000 | 840,000 | 703,000 | 688,000 | 490,000 | 497,000 | 504,000 | 488,000 | 494,581 | 91,573 | 77,949 | 84,549 | 91,149 | 76,834 | 83,434 | 90,034 | |||||||||||||||||||||||||||||||||
accumulated losses | -12,676,000 | -65,747,000 | -74,563,000 | -86,238,000 | -92,467,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
withholding taxes payable | 1,094,000 | 2,861,000 | 2,348,000 | 2,551,000 | 3,254,000 | 3,652,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -59,766 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign withholding taxes payable | 3,451,000 | 3,462,000 | 198,000 | 200,000 | 879,000 | 3,984,000 | 5,410,000 | 7,262,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale securities | 3,861,000 | 8,411,000 | 5,824,000 | 5,619,000 | 7,788,000 | 8,268,000 | 7,280,000 | 7,408,000 | 10,826,000 | 14,154,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
royalty and stream interests | 2,863,440,000 | 2,996,421,000 | 3,012,952,000 | 2,109,702,000 | 2,067,152,000 | 2,091,323,000 | 2,133,375,000 | 2,123,347,000 | 2,145,929,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,802,167 and 1,426,792 redeemed shares, respectively | 197,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,427,069 and 1,426,792 redeemed shares, respectively | 16,705,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,426,792 and 1,426,792 redeemed shares, respectively | 16,718,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,276,221 and 1,139,420 redeemed shares, respectively | 23,344,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 3,679,000 | 5,173,000 | 6,484,000 | 22,361,000 | 5,075,000 | 6,089,000 | 5,342,000 | 6,343,000 | 7,263,000 | 1,962,000 | 1,817,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,139,790 and 1,139,420 redeemed shares, respectively | 29,348,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,139,494 and 1,139,420 redeemed shares, respectively | 29,361,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
royalty interests in mineral properties | 2,104,043,000 | 2,063,604,000 | 1,989,692,000 | 1,824,565,000 | 1,798,993,000 | 1,671,943,000 | 1,715,820,000 | 1,715,477,000 | 1,474,594,000 | 1,467,484,000 | 435,311,000 | 445,298,000 | 455,966,000 | 466,282,000 | 475,724,000 | 296,762,000 | 300,670,000 | 306,277,000 | 298,044,543 | 213,872,250 | 215,839,441 | 217,251,641 | 99,701,698 | 95,178,745 | 84,589,569 | 81,000,050 | 68,166,253 | 43,949,736 | 44,817,242 | 45,496,958 | 46,158,521 | 39,493,816 | 40,325,611 | 41,156,015 | 41,897,803 | 42,661,921 | |||||||||||||||||||||||||||||||||||||||||||||||
net deferred tax liabilities | 172,209,000 | 175,875,000 | 179,769,000 | 151,806,000 | 151,673,000 | 153,028,000 | 156,480,000 | 151,375,000 | 152,062,000 | 155,142,000 | 21,224,000 | 22,444,000 | 23,371,000 | 23,468,000 | 23,631,000 | 25,468,000 | 26,034,000 | 25,017,000 | 25,606,720 | 5,404,070 | 5,910,697 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,139,361 and 1,007,823 redeemed shares, respectively | 29,367,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available for sale securities | 18,489,000 | 20,044,000 | 20,474,000 | 16,570,000 | 23,528,000 | 1,679,117 | 1,696,393 | 1,995,041 | 1,756,137 | 1,884,699 | 2,177,466 | 1,988,443 | 2,016,564 | 1,110,746 | 689,120 | 554,812 | 1,102,266 | 396 | 500,140 | 420,231 | 742,672 | 561,741 | 349,875 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,131,303 and 1,007,823 redeemed shares, respectively | 29,722,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 1,042,823 and 1,007,823 redeemed shares, respectively | 33,616,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 98,800,000 | 272,700,000 | 176,600,000 | 229,400,000 | 199,500,000 | 216,000,000 | 229,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 992,823 and 900,854 redeemed shares, respectively | 35,816,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 992,094 and 900,854 redeemed shares, respectively | 35,848,000 | 35,849,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 269,253 and 176,540 redeemed shares, respectively | 67,661,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -3,557,000 | -3,557,000 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 206,425 and 176,540 redeemed shares, respectively | 70,426,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 shares issued, less 201,337 and 176,540 redeemed shares, respectively | 70,650,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 163,000 | 158,000 | 185,000 | 166,000 | 91,000 | 140,000 | 139,000 | 131,000 | 83,000 | 192,896 | 164,035 | 154,050 | 79,944 | 106,551 | 110,312 | 131,621 | 152,707 | 211,653 | 418,908 | 452,730 | 992,445 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash — compensating balance | 19,250,000 | 19,250,000 | 19,250,000 | 19,250,000 | 15,750,000 | 15,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventory — restricted | 10,470,000 | 9,943,000 | 9,629,000 | 10,622,000 | 11,052,000 | 11,654,000 | 11,338,000 | 11,170,000 | 10,880,927 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
chilean loan facility | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exchangeable shares, no par value, 1,806,649 and 0 shares issued, less 37,756 and 0 redeemed shares, respectively | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 545,000 | 758,000 | 527,000 | 2,135,000 | 1,827,000 | 1,990,000 | 1,797,000 | 1,649,000 | 1,429,810 | 143,375 | 128,039 | 226,501 | 102,104 | 250,840 | 237,482 | 243,621 | 227,211 | 201,154 | 175,095 | 451,258 | 392,042 | 343,084 | 229,518 | 314,341 | 228,413 | 189,614 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 774,494,000 | 764,854,000 | 749,441,000 | 509,317,000 | 507,729,000 | 486,935,000 | 485,282,000 | 478,956,000 | 480,947,739 | 330,111,637 | 319,080,996 | 191,865,387 | 170,976,995 | 165,810,675 | 161,659,649 | 157,995,138 | 154,958,745 | 148,673,301 | 91,737,291 | 89,449,197 | 86,701,115 | 84,668,504 | 82,898,312 | 80,939,212 | 78,676,493 | 76,839,265 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 804,353,000 | 793,503,000 | 809,924,000 | 574,714,000 | 582,627,000 | 556,865,000 | 546,284,000 | 540,288,000 | 542,146,989 | 371,790,449 | 356,649,190 | 290,347,690 | 183,391,683 | 179,128,821 | 172,259,821 | 169,576,965 | 167,825,961 | 161,585,314 | 102,318,555 | 100,778,511 | 98,516,802 | 96,096,874 | 93,521,810 | 91,421,208 | 89,166,006 | 86,952,544 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term loan facility | 19,250,000 | 19,250,000 | 19,250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in subsidiary | 10,970,000 | 11,416,000 | 11,976,000 | 11,661,000 | 11,411,000 | 11,119,000 | 10,979,686 | 11,304,899 | 11,120,797 | 10,571,436 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 405,000 | 340,000 | 340,000 | 339,000 | 344,000 | 303,094 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes receivable | 2,038,000 | 470,983 | 762,804 | 536,393 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes payable | 8,610,000 | 1,196,000 | 187,000 | 3,186,591 | 5,064 | 567,219 | 2,496,464 | 334,767 | 67,398 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note payable | 19,250,000 | 15,750,000 | 15,750,000 | 15,750,000 | 15,750,000 | 15,750,000 | 15,750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable — battle mountain gold exploration | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less treasury stock, at cost | -6,613,000 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | -1,096,872 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash – compensating balance | 15,750,000 | 15,750,000 | 15,750,000 | 15,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inventory – restricted | 10,904,000 | 11,017,262 | 10,611,562 | 10,490,330 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable – battle mountain gold exploration | 15,051,823 | 14,493,878 | 13,927,239 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued compensation | 715,500 | 516,750 | 344,500 | 187,500 | 689,000 | 562,500 | 375,000 | 187,500 | 750,000 | 514,250 | 278,500 | 139,250 | 557,000 | 300,000 | 200,000 | 100,000 | 366,500 | 300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 100.00 par value, 10,000,000 shares authorized; 1,150,000 shares of 7.25% mandatory convertible preferred stock issued | 115,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity investment in battle mountain gold exploration | 8,549,259 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend payable | 1,868,594 | 1,579,455 | 1,541,430 | 1,299,695 | 1,300,623 | 1,297,620 | 1,296,344 | 1,162,913 | 1,050,628 | 1,042,661 | 779,377 | 779,377 | 779,377 | 779,377 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long term liabilities | 98,173 | 97,749 | 96,634 | 83,289 | 89,889 | 96,489 | 103,089 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facility payable | 60,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -779,335 | -4,439,777 | -6,705,370 | -7,226,889 | -8,837,840 | -10,732,358 | -13,292,610 | -14,968,221 | -16,543,880 | -18,262,929 | -19,783,839 | -21,955,276 | -23,453,364 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation | -524,659 | -363,358 | -390,934 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advance to high river gold | 6,687,550 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes payable | 1,756,171 | 253,496 | 609,462 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current deferred tax asset | 1,324,080 | 1,305,784 | 1,671,305 | 1,726,122 | 3,090,703 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax asset | 304,871 | 219,554 | 306,565 | 356,211 | 137,844 | 4,767,815 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax liability | 7,766,463 | 7,870,113 | 8,078,975 | 7,583,317 | 7,685,402 | 8,526,245 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 44,800,901 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies (notes 6 and 11) stockholders’ equity |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 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 | 2021-09-30 | 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 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 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 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 68,872,000 | 25,464,000 | 28,594,000 | 23,045,000 | 11,976,000 | 24,008,000 | -154,118,000 | -15,789,000 | 26,548,000 | 16,837,000 | 21,529,000 | 27,104,000 | 26,955,000 | -69,498,000 | 13,918,000 | -44,941,000 | 25,111,000 | -6,323,000 | 18,919,000 | 20,480,000 | 10,778,000 | 15,281,000 | 6,897,000 | 27,558,000 | 25,294,000 | 26,952,000 | 24,249,000 | 26,141,000 | 20,306,000 | 20,719,000 | 13,002,000 | -4,928,000 | 10,351,000 | 9,122,000 | 7,059,000 | 4,143,000 | 21,397,000 | 5,749,000 | 7,860,000 | 7,420,434 | 5,065,246 | 5,762,320 | 5,686,076 | 4,960,137 | 3,566,216 | 1,819,139 | 2,907,295 | 3,057,431 | 3,610,880 | 2,726,089 | 2,618,320 | 2,498,426 | 2,300,287 | 2,950,815 | 2,277,464 | 1,343,113 | ||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion and amortization | 80,031,000 | 32,903,000 | 31,153,000 | 32,995,000 | 33,737,000 | 36,177,000 | 35,747,000 | 38,765,000 | 40,090,000 | 40,106,000 | 38,413,000 | 46,328,000 | 49,196,000 | 37,763,000 | 43,988,000 | 47,988,000 | 50,611,000 | 48,028,000 | 41,296,000 | 47,945,000 | 46,300,000 | 45,396,000 | 51,228,000 | 40,096,000 | 38,714,000 | 42,330,000 | 39,368,000 | 38,807,000 | 42,551,000 | 42,316,000 | 39,679,000 | 42,009,000 | 39,692,000 | 39,851,000 | 40,164,000 | 39,519,000 | 40,102,000 | 38,162,000 | 40,408,000 | 27,147,000 | 24,783,000 | 20,278,000 | 22,212,000 | 21,605,000 | 22,671,000 | 22,400,000 | 21,649,000 | 21,120,000 | 21,500,000 | 19,721,000 | 21,418,000 | 17,221,000 | 15,838,000 | 16,005,000 | 18,925,000 | 13,001,000 | 12,101,000 | 11,078,000 | 9,657,000 | 9,961,000 | 8,537,000 | 4,423,000 | 6,431,000 | 5,925,179 | 3,605,738 | 2,402,083 | 2,518,268 | 1,072,215 | 1,326,124 | 1,006,467 | 1,030,444 | 898,025 | 782,523 | 695,152 | 867,121 | 860,188 | ||||
non-cash employee stock compensation expense | 2,952,000 | 2,942,000 | 2,713,000 | 3,198,000 | 2,579,000 | 2,977,000 | 3,348,000 | 2,988,000 | 2,354,000 | 2,763,000 | 1,943,000 | 2,636,000 | 1,779,000 | 2,090,000 | 2,418,000 | 2,124,000 | 1,503,000 | 1,494,000 | 1,344,000 | 1,399,000 | 1,493,000 | 833,000 | 4,644,000 | 1,538,000 | 2,101,000 | 1,107,000 | 1,440,000 | 1,626,000 | 2,444,000 | 2,321,000 | 1,563,000 | 2,022,000 | 2,373,000 | 3,225,000 | 315,000 | 2,299,000 | 4,144,000 | 2,340,000 | 1,222,000 | 4,227,000 | 836,000 | 375,000 | 2,449,000 | -470,000 | 146,000 | 1,613,000 | 2,549,000 | 1,937,000 | 1,150,000 | 696,000 | 674,000 | 915,000 | 636,000 | 724,000 | 726,828 | 879,551 | 538,621 | 412,839 | 238,341 | |||||||||||||||||||||
fair value changes in equity securities | -362,000 | 1,000 | -3,000 | 37,000 | 24,000 | 425,000 | 64,000 | -447,000 | -24,000 | 462,000 | 508,000 | -799,000 | 282,000 | -356,000 | 2,190,000 | -613,000 | -176,000 | -1,957,000 | -1,902,000 | 381,000 | -2,539,000 | -6,390,000 | 3,819,000 | -222,000 | 1,375,000 | 3,482,000 | -1,781,000 | 3,631,000 | 1,468,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss on marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax expense | 4,159,000 | 2,934,000 | -2,191,000 | -8,828,000 | 2,771,000 | 648,000 | 1,092,000 | -2,079,000 | 10,357,000 | -28,802,000 | 688,000 | 29,685,000 | -727,000 | 11,767,000 | 1,746,000 | 508,000 | 381,203 | 295,896 | 99,882 | 277,930 | 1,339,769 | 938,646 | 698,425 | 466,228 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -1,139,000 | -4,609,000 | 222,000 | 224,000 | 228,000 | 233,000 | 262,000 | 222,000 | 187,000 | 147,000 | 231,000 | 214,000 | 245,000 | 243,000 | 246,000 | 245,000 | 845,000 | -861,000 | 286,000 | 287,000 | 111,000 | 0 | -4,922,000 | -84,000 | 4,858,000 | 2,000 | -41,000 | 65,000 | -223,000 | -236,000 | -6,412,000 | -481,869,000 | 483,643,000 | 0 | 0 | 531,734,000 | 4,074,000 | 2,000,000 | 489,689,000 | -190,476,000 | 1,000 | 190,702,000 | 1,004,000 | 0 | 210,242,000 | 928,000 | -404,000 | -153,000 | -896,000 | -14,000 | -195,000 | 181,000 | 20,981 | |||||||||||||||||||||||||||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
royalty receivables | -11,884,000 | -4,706,000 | -7,265,000 | 5,731,000 | -13,343,000 | -9,780,000 | -1,581,000 | 10,127,000 | -14,157,000 | 1,730,000 | 10,477,000 | 2,471,000 | -20,929,000 | 8,392,000 | 16,651,000 | 569,000 | -5,718,000 | -1,814,000 | -1,111,000 | -10,743,000 | -5,884,000 | 4,632,000 | -3,875,000 | -1,812,000 | -5,902,000 | 6,821,000 | -1,895,000 | -553,000 | 1,250,000 | 1,439,000 | 1,490,000 | -206,000 | -2,193,000 | -671,000 | 208,000 | 1,626,000 | 13,142,000 | -2,172,000 | 5,913,000 | 3,427,000 | 845,000 | 5,137,000 | 2,193,000 | 197,000 | -8,699,000 | -4,717,000 | -2,349,000 | -3,416,000 | -3,440,000 | 4,925,000 | -1,951,000 | -2,915,721 | -898,292 | 1,335,013 | -4,247,308 | -1,044,714 | -1,232,357 | 1,661,665 | -507,536 | 717,504 | -1,475,868 | 81,927 | -192,841 | 206,760 | -100,385 | |||||||||||||||
stream inventory | -3,704,000 | -7,673,000 | 1,220,000 | -1,583,000 | -1,354,000 | -716,000 | 513,000 | -1,629,000 | 63,000 | 807,000 | 942,000 | 1,056,000 | 1,034,000 | -519,000 | -4,682,000 | 3,118,000 | 5,463,000 | -3,194,000 | -591,000 | 3,259,000 | -5,488,000 | 276,000 | 3,389,000 | -4,564,000 | 608,000 | 1,033,000 | -4,458,000 | 2,057,000 | -701,000 | 3,388,000 | -5,340,000 | 435,000 | 89,000 | -1,259,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income tax receivable | 18,697,000 | -7,232,000 | -12,203,000 | -231,000 | 9,050,000 | -4,552,000 | -2,528,000 | -433,000 | 11,572,000 | -4,646,000 | -7,878,000 | 1,342,000 | 11,990,000 | -7,344,000 | -3,315,000 | 518,000 | 439,000 | 10,150,000 | -5,731,000 | -4,640,000 | -1,864,000 | 8,926,000 | -1,690,000 | -5,973,000 | -995,000 | 6,087,000 | 4,003,000 | -6,412,000 | -6,341,000 | 1,110,000 | 26,217,000 | -1,343,000 | -3,854,000 | |||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | 2,554,000 | 2,306,000 | -3,870,000 | 345,000 | -72,000 | 710,000 | -233,000 | 10,763,000 | -1,002,000 | -726,000 | -1,727,000 | -914,000 | -835,000 | -1,714,000 | 5,950,000 | -7,309,000 | -1,026,000 | -680,000 | 98,000 | 640,000 | 260,000 | -2,057,000 | 1,249,000 | -3,823,000 | -3,197,000 | 319,000 | 169,000 | 1,244,000 | 1,061,000 | -411,000 | 3,552,000 | 1,326,000 | -1,654,000 | -948,000 | -1,470,000 | 1,127,000 | 1,197,000 | 2,147,000 | -672,000 | 2,704,000 | 10,297,000 | -1,257,000 | 1,188,000 | 197,000 | 210,000 | 1,421,000 | 2,306,000 | 100,000 | 534,000 | 468,000 | -649,000 | -164,000 | -44,000 | 1,967,000 | 118,664 | -1,966,202 | -351,462 | 1,059,352 | -172,130 | 506,366 | 3,247,472 | -3,459,310 | -109,890 | -99,292 | 364,279 | -258,755 | -72,121 | 186,775 | ||||||||||||
accounts payable | -40,555,000 | 541,000 | 3,043,000 | 135,000 | -10,917,000 | 18,000 | 1,628,000 | 158,000 | 2,816,000 | 74,000 | 700,000 | 1,166,000 | -646,000 | 265,000 | 800,000 | -208,000 | -927,000 | 1,993,000 | 1,793,000 | -314,000 | -235,000 | 1,020,000 | -366,000 | -1,446,000 | 517,000 | -2,100,000 | 2,700,000 | -2,966,000 | -4,060,000 | 6,112,000 | 719,000 | -673,000 | -985,000 | 1,435,000 | 1,777,000 | 3,266,000 | 53,000 | 70,000 | 409,000 | -10,154,000 | 2,169,000 | -752,000 | -3,299,000 | -750,000 | -525,000 | 2,732,000 | -2,430,000 | 592,731 | 1,279,602 | 1,137,667 | -1,626,764 | 481,237 | -1,342,571 | -957,745 | 1,459,910 | 775,541 | -897,438 | 25,769 | 532,861 | 197,306 | ||||||||||||||||||||
income tax payable | -7,158,000 | 16,675,000 | 9,076,000 | -7,832,000 | -7,210,000 | 12,283,000 | -3,918,000 | 6,465,000 | -6,936,000 | 6,890,000 | 7,378,000 | -7,840,000 | -5,651,000 | -2,330,000 | 15,886,000 | -10,910,000 | 9,454,000 | -11,181,000 | 2,342,000 | -2,413,000 | 12,408,000 | -7,705,000 | 6,662,000 | 8,818,000 | -1,426,000 | -9,279,000 | 5,512,000 | 2,727,000 | -10,241,000 | 5,822,000 | -2,666,000 | 3,410,000 | 6,035,000 | |||||||||||||||||||||||||||||||||||||||||||||||
mount milligan deferred liability | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 10,167,000 | 8,083,000 | -1,567,000 | -1,400,000 | 17,364,000 | 1,056,000 | -3,876,000 | -1,652,000 | 3,621,000 | -112,000 | 1,571,000 | -2,168,000 | 5,653,000 | 2,209,000 | -2,480,000 | -1,039,000 | -633,000 | -1,651,000 | 1,171,000 | 1,947,000 | -437,000 | 2,625,000 | 562,000 | 6,451,000 | 1,682,000 | -8,278,000 | 3,347,000 | -8,438,000 | 445,000 | -8,058,000 | 4,280,000 | 8,894,000 | 299,000 | -1,006,000 | 2,199,000 | -57,000 | 879,000 | 2,853,000 | -1,672,000 | 6,903,000 | 4,313,000 | -1,186,000 | 1,650,000 | 2,183,000 | 2,252,000 | 2,216,000 | ||||||||||||||||||||||||||||||||||
net cash from operating activities | 241,705,000 | 173,970,000 | 152,802,000 | 136,369,000 | 141,053,000 | 136,651,000 | 113,515,000 | 138,284,000 | 101,088,000 | 98,122,000 | 107,927,000 | 108,655,000 | 101,026,000 | 94,990,000 | 120,196,000 | 101,133,000 | 129,885,000 | 120,853,000 | 92,234,000 | 99,912,000 | 94,152,000 | 91,557,000 | 99,699,000 | 78,257,000 | 71,239,000 | 72,257,000 | 77,441,000 | 58,831,000 | 44,637,000 | 77,015,000 | 104,575,000 | 75,625,000 | 71,609,000 | 64,984,000 | 76,099,000 | 69,663,000 | 55,132,000 | 66,051,000 | 52,105,000 | 2,491,000 | 65,920,000 | 29,816,000 | 52,458,000 | 44,880,000 | 34,719,000 | 35,487,000 | 68,088,000 | 10,883,000 | 53,542,000 | 47,466,000 | 29,262,000 | 46,174,000 | 40,997,000 | 27,120,000 | 34,234,000 | -540,000 | 11,693,000 | 16,190,000 | 8,642,000 | -800,000 | 619,000 | 21,586,000 | 10,413,000 | 11,603,905 | 3,847,216 | 13,262,879 | 5,580,575 | 7,822,192 | 4,110,520 | 7,224,732 | 205,007 | 6,982,369 | 2,930,957 | 3,830,651 | 3,362,661 | 4,696,023 | 4,090,569 | 3,684,690 | 3,252,455 | 2,373,334 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10,000 | -5,000 | -30,000 | -1,035 | 0 | -10,965 | -16,652 | -34,602 | -29,039 | -4,552 | 0 | -5,066 | 3,604 | -26,121 | -53,548 | -50,889 | -177,320 | -34,072 | -17,353 | -42,275 |
free cash flows | 241,705,000 | 173,970,000 | 152,802,000 | 136,369,000 | 141,053,000 | 136,651,000 | 113,515,000 | 138,284,000 | 101,088,000 | 98,122,000 | 107,927,000 | 108,655,000 | 101,026,000 | 94,990,000 | 120,196,000 | 101,133,000 | 129,885,000 | 120,853,000 | 92,234,000 | 99,912,000 | 94,152,000 | 91,557,000 | 99,699,000 | 78,257,000 | 71,239,000 | 72,257,000 | 77,441,000 | 58,831,000 | 44,637,000 | 77,015,000 | 104,575,000 | 75,625,000 | 71,609,000 | 64,984,000 | 76,099,000 | 69,663,000 | 55,132,000 | 66,051,000 | 52,105,000 | 2,491,000 | 65,920,000 | 29,816,000 | 52,458,000 | 44,880,000 | 34,719,000 | 35,487,000 | 68,088,000 | 10,883,000 | 53,542,000 | 47,466,000 | 29,262,000 | 46,174,000 | 40,997,000 | 27,120,000 | 34,234,000 | -540,000 | 11,693,000 | 16,190,000 | 8,642,000 | -800,000 | 609,000 | 21,581,000 | 10,383,000 | 11,602,870 | 3,847,216 | 13,251,914 | 5,563,923 | 7,787,590 | 4,081,481 | 7,220,180 | 205,007 | 6,977,303 | 2,934,561 | 3,804,530 | 3,309,113 | 4,645,134 | 3,913,249 | 3,650,618 | 3,235,102 | 2,331,059 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sandstorm & horizon acquisition, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of stream and royalty interests | -270,000 | -993,504,000 | -112,733,000 | -58,246,000 | -46,881,000 | -3,427,000 | -51,152,000 | -1,104,000 | 0 | -8,000 | -206,326,000 | -677,988,000 | -41,000 | -37,800,000 | -265,000,000 | -85,659,000 | -33,656,000 | -37,528,000 | -11,304,000 | -48,130,000 | -35,438,000 | 0 | -1,000,000 | -10,800,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of the versamet shares and other securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash calls for hod maden equity method investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from khoemacau debt facility | 0 | 0 | 0 | 25,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of inventory - restricted | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -261,596,000 | -985,914,000 | -112,754,000 | -58,295,000 | -46,906,000 | -3,433,000 | -50,932,000 | 23,591,000 | -2,000 | -6,000 | -2,624,000 | -197,000 | -206,371,000 | -678,628,000 | -66,000 | -37,811,000 | -272,733,000 | -95,098,000 | -33,743,000 | -37,553,000 | 49,657,000 | -47,770,000 | -37,035,000 | -68,550,000 | 496,000 | -810,000 | -1,074,000 | -3,587,000 | -124,000 | -8,327,000 | -2,169,000 | -189,000 | 95,000 | 2,102,000 | -11,174,000 | -100,735,000 | -90,309,000 | 5,630,000 | -24,146,000 | -976,109,000 | -11,161,000 | -32,915,000 | -6,336,000 | -31,322,000 | -91,000 | -48,052,000 | -119,934,000 | 4,344,000 | 1,554,000 | -253,136,000 | -24,257,000 | -487,915,000 | 64,000 | 21,870,000 | 4,064,000 | 29,000 | -153,263,000 | -4,924,000 | -431,000 | -13,646,661 | -1,820,944 | -3,479,395 | -2,629,024 | -11,750,648 | -4,921,452 | -7,134,232 | -32,114,070 | -5,066 | -11,343 | -25,674 | -8,014,035 | -50,889 | -177,320 | 4,570 | -17,353 | -42,275 | ||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt | -325,000,000 | 0 | -50,000,000 | -100,000,000 | -100,000,000 | -75,000,000 | -75,000,000 | -100,000,000 | -75,000,000 | -75,000,000 | -150,000,000 | -50,000,000 | -75,000,000 | -30,000,000 | 0 | -30,000,000 | -35,000,000 | -50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from revolving credit facility | 450,000,000 | 200,000,000 | 100,000,000 | 0 | 0 | 0 | 70,000,000 | 0 | 0 | 350,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net payments from issuance of common stock | -176,000 | -357,000 | -1,488,000 | -3,011,000 | -56,000 | -3,132,000 | -63,000 | -1,369,000 | -10,000 | -1,626,000 | 650,000 | -397,000 | -9,000 | -1,546,000 | -33,000 | 141,000 | -909,000 | -40,000 | -10,000 | -26,000 | -1,389,000 | 77,000 | -1,510,000 | -324,000 | -2,423,000 | 387,000 | 235,000 | -245,000 | -1,972,000 | -540,000 | 39,000 | -12,000 | -3,529,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sandstorm option exercises | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
horizon warrant payments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to non-controlling interests | -789,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock dividends | -29,640,000 | -29,640,000 | -29,634,000 | -29,611,000 | -26,320,000 | -26,314,000 | -26,311,000 | -26,292,000 | -24,649,000 | -24,647,000 | -24,642,000 | -24,629,000 | -22,987,000 | -22,985,000 | -22,975,000 | -22,978,000 | -19,682,000 | -19,682,000 | -19,682,000 | -18,370,000 | -18,365,000 | -18,360,000 | -18,356,000 | -17,382,000 | -17,373,000 | -17,363,000 | -17,360,000 | -16,378,000 | -16,376,000 | -16,363,000 | -16,364,000 | -15,709,000 | -15,682,000 | -15,681,000 | -3,684,000 | -3,263,000 | -3,259,000 | -2,384,000 | ||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 80,761,000 | 736,613,000 | -32,628,000 | -32,812,000 | -26,531,000 | -79,568,000 | -126,301,000 | -128,092,000 | -99,820,000 | -101,372,000 | -125,962,000 | -100,228,000 | 101,693,000 | 425,259,000 | -23,220,000 | -23,166,000 | -170,099,000 | -70,090,000 | -93,616,000 | -49,821,000 | 181,626,000 | -49,453,000 | -51,173,000 | -69,240,000 | -167,968,000 | -16,907,000 | -15,786,000 | -16,185,000 | -89,314,000 | -91,162,000 | -65,699,000 | -69,156,000 | -69,329,000 | -60,823,000 | -17,982,000 | 51,586,000 | -66,418,000 | -14,669,000 | 335,079,000 | -14,659,000 | -13,184,000 | -14,247,000 | -26,735,000 | -13,238,000 | -13,571,000 | -13,769,000 | 462,829,000 | -7,027,000 | 84,907,000 | 225,268,000 | -2,417,000 | -25,129,000 | 231,322,000 | -3,731,000 | -2,129,000 | 1,116,000 | -1,770,000 | -9,786,778 | 102,813,800 | -1,813,022 | 60,722,641 | -1,300,623 | -649,955 | -53,305 | 2,297,898 | 53,666,566 | -960,232 | -290,449 | -648,823 | -779,377 | -779,377 | -779,377 | 126,816 | -421,374 | ||||||
net increase in cash and equivalents | 60,870,000 | -75,331,000 | 7,420,000 | 45,262,000 | 67,616,000 | 33,783,000 | -20,659,000 | 8,230,000 | 96,910,000 | 40,156,000 | -65,708,000 | -144,344,000 | -11,599,000 | -31,257,000 | 93,988,000 | 225,413,000 | 13,211,000 | -41,466,000 | 2,495,000 | -96,521,000 | 59,460,000 | 39,458,000 | 28,328,000 | -20,626,000 | 11,244,000 | 9,737,000 | 2,548,000 | 16,409,000 | 40,100,000 | -16,283,000 | 31,875,000 | -7,628,000 | 9,246,000 | 9,340,000 | 12,931,000 | 244,028,000 | -4,502,000 | -154,773,000 | 17,778,000 | 8,212,000 | -11,829,534 | 104,840,072 | 7,970,462 | 63,674,192 | -5,229,079 | -1,460,887 | 37,195 | -29,611,165 | 60,643,869 | 1,959,382 | 3,514,528 | -5,300,197 | 3,865,757 | 3,133,872 | 2,909,883 | 3,361,918 | 1,909,685 | |||||||||||||||||||||||
cash and equivalents at beginning of period | 0 | 0 | 0 | 195,498,000 | 0 | 0 | 0 | 104,167,000 | 0 | 0 | 0 | 118,586,000 | 0 | 0 | 0 | 143,551,000 | 225,916,000 | 0 | 0 | 0 | 319,128,000 | 0 | 0 | 0 | 119,475,000 | 0 | 0 | 0 | 88,750,000 | 0 | 0 | 0 | 85,847,000 | 0 | 0 | 0 | 116,633,000 | 0 | 0 | 742,849,000 | 0 | 0 | 659,536,000 | 0 | 0 | 664,035,000 | 0 | 0 | 375,456,000 | 0 | 0 | 114,155,000 | 0 | 0 | 324,846,000 | 0 | 0 | 294,566,000 | 0 | 0 | 192,035,000 | 139 | 0 | 82,841,861 | 78,449,383 | 0 | 0 | 48,840,371 | 0 | 0 | 44,800,901 | 0 | 0 | 33,485,543 | ||||||
cash and equivalents at end of period | 60,870,000 | -75,331,000 | 7,420,000 | 240,760,000 | 67,616,000 | 53,650,000 | -63,718,000 | 137,950,000 | 1,266,000 | -3,256,000 | -20,659,000 | 126,816,000 | -3,652,000 | -158,379,000 | 96,910,000 | 183,707,000 | 160,208,000 | -144,344,000 | -11,599,000 | -31,257,000 | 413,116,000 | 225,413,000 | 13,211,000 | -41,466,000 | 121,970,000 | -96,521,000 | 59,460,000 | 39,458,000 | 117,078,000 | -20,626,000 | 11,244,000 | 9,737,000 | 88,395,000 | -2,243,000 | 4,102,000 | -49,054,000 | 133,042,000 | 5,263,000 | 13,290,000 | 104,310,000 | 40,100,000 | -16,283,000 | 691,411,000 | -13,177,000 | 21,390,000 | 637,899,000 | -7,628,000 | 378,694,000 | 302,037,000 | 87,536,000 | -27,599,000 | 123,401,000 | 54,362,000 | -250,094,000 | 321,503,000 | -263,187,000 | 9,340,000 | 307,497,000 | -4,502,000 | -154,773,000 | 209,813,000 | -11,829,395 | 104,840,072 | 90,812,323 | 73,220,304 | 37,195 | -29,611,165 | 109,484,240 | 3,514,528 | -5,300,197 | 48,666,658 | 2,909,883 | 3,361,918 | 35,395,228 | ||||||
net income and comprehensive income | 131,805,000 | 132,474,000 | 113,578,000 | 107,521,000 | 96,331,000 | 81,318,000 | 47,309,000 | 62,962,000 | 49,499,000 | 63,600,000 | 64,071,000 | 56,700,000 | 45,934,000 | 71,346,000 | 65,962,000 | 70,466,000 | 81,920,000 | 54,194,000 | 59,988,000 | 106,674,000 | 38,293,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income and comprehensive income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax benefit | 1,128,000 | -396,000 | -645,000 | 2,140,000 | -10,545,000 | 4,718,000 | -991,000 | -2,987,000 | -33,139,000 | 3,584,000 | -1,681,000 | -1,260,000 | 7,822,000 | -3,759,000 | -496,000 | -950,000 | 469,000 | -2,118,000 | -423,000 | -242,658 | -485,687 | -414,655 | -243,346 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and equivalents | 1,266,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mount milligan support liability | 25,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of peak gold jv interest | 0 | 0 | 0 | -33,906,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
uncertain tax positions | -20,000 | -12,048,000 | -310,000 | 36,000 | -12,196,000 | -11,014,000 | -3,362,000 | 1,482,000 | 1,748,000 | 50,000 | 933,000 | -1,069,000 | 3,266,000 | -3,222,000 | 6,429,000 | 2,067,000 | 2,493,000 | 1,290,000 | 1,289,000 | -322,000 | 6,374,000 | 1,144,000 | 729,000 | 77,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
khoemacau subordinated debt facility | -7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of peak gold jv interest | 0 | 0 | 0 | 49,154,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of contango shares | 0 | 0 | 0 | 12,146,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of equity securities | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs | -2,000 | -1,317,000 | -12,000 | -64,000 | 0 | 24,948 | -3,248 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net from financing activities | 77,140,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discount and issuance costs | 285,000 | 285,000 | 285,000 | 281,000 | 3,406,000 | 4,018,000 | 3,961,000 | 3,903,000 | 3,846,000 | 3,787,000 | 3,734,000 | 3,679,000 | 3,623,000 | 3,451,000 | 3,400,000 | 3,351,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of golden star term loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of equity securities | 0 | -50,000 | 0 | -4,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from non-controlling interest | 420,000 | 600,000 | 930,000 | 420,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of royalty interests | -4,362,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
withholding taxes payable | -1,767,000 | 513,000 | -203,000 | -703,000 | -398,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of additional royalty interest from non-controlling interest | -1,056,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of revolving credit facility | -75,000,000 | -75,000,000 | -50,000,000 | -50,000,000 | -50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of stream and royalty interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
andacollo royalty termination | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
golden star term loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign withholding taxes payable | -11,000 | 37,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax expense of stock-based compensation exercises | 0 | -229,000 | 303,000 | 112,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tulsequah stream termination | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common stock | 0 | 576,000 | 199,000 | 467,000 | 234,935,000 | 49,000 | 23,000 | 277,024 | 122,056,434 | 99,961 | 854,748 | 2,959,223 | 54,716,378 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairments of stream and royalty interests and royalty receivables | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax (benefit) expense of stock-based compensation exercises | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of stock-based compensation exercises | 24,000 | 0 | 97,000 | 150,000 | 28,000 | 0 | 441,000 | 773,000 | 231,000 | 1,519,000 | 1,567,000 | 79,000 | 431,000 | 521,000 | -139,000 | -688,000 | -51,000 | -45,000 | -36,000 | -215,000 | -395,581 | -51,276 | -60,143 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of march 31, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
production stage stream interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mount milligan | -97,000 | 7,686,000 | 783,046,000 | 0 | 0 | 783,046,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pueblo viejo | 0 | 0 | 610,404,000 | 4,000 | 33,000 | 610,367,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
andacollo | 0 | 0 | 388,182,000 | 0 | 1,000 | 388,181,000 | 0 | 0 | 272,998,000 | 0 | 0 | 272,998,000 | 0 | 0 | 272,998,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
wassa and prestea | 10,000,000 | 20,037,000 | 116,438,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total production stage stream interests | 9,903,000 | 27,723,000 | 1,898,070,000 | 13,924,000 | -59,381,000 | 1,903,516,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
production stage royalty interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voisey's bay | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
peñasquito | 0 | 0 | 99,172,000 | 0 | 0 | 99,172,000 | 0 | 0 | 99,172,000 | 0 | 0 | 99,172,000 | 0 | 0 | 99,172,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
holt | 0 | 0 | 34,612,000 | 0 | 0 | 34,612,000 | 0 | 0 | 34,612,000 | 0 | 0 | 34,612,000 | 9,184,000 | 0 | 25,428,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cortez | 0 | 3,000 | 20,870,000 | 0 | 0 | 10,630,000 | 0 | 0 | 10,630,000 | 0 | 0 | 10,630,000 | 0 | 0 | 10,630,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total production stage royalty interests | 0 | 3,000 | 844,021,000 | 55,586,000 | 0 | 826,286,000 | 4,074,000 | 2,000,000 | 1,123,156,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total production stage stream and royalty interests | 9,903,000 | 27,726,000 | 2,742,091,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
development stage stream interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rainy river | 0 | 75,009,000 | 100,718,000 | 0 | 11,000 | 100,673,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total development stage stream interests | 0 | 75,009,000 | 112,749,000 | 59,000 | 79,630,000 | 108,876,000 | 20,606,000 | 22,049,000 | 41,282,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
development stage royalty interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pascua-lama | 0 | 0 | 380,657,000 | 0 | 0 | 380,657,000 | 0 | 0 | 372,105,000 | 0 | 0 | 372,105,000 | 0 | 0 | 372,105,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total development stage royalty interests | 0 | 0 | 504,271,000 | 0 | 1,000 | 447,071,000 | -4,075,000 | 1,603,000 | 441,594,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total development stage stream and royalty interests | 0 | 75,009,000 | 617,020,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total exploration stage royalty interests | 1,000,000 | 0 | 151,746,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stream and royalty interests | 10,903,000 | 102,735,000 | 3,510,857,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of december 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voisey’s bay | 0 | 205,724,000 | 55,586,000 | 0 | 150,138,000 | 0 | 0 | 150,138,000 | 0 | 0 | 150,138,000 | 0 | 0 | 150,138,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of september 30, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairments of royalty and stream interests and royalty receivables | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt discount | 2,759,000 | 2,713,000 | 2,670,000 | 2,611,000 | 2,540,000 | 2,473,000 | 2,418,000 | 2,380,000 | 2,340,000 | 2,265,000 | 2,256,000 | 2,192,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of available-for-sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of royalty and stream interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution to non-controlling interests | -334,000 | -209,000 | -2,899,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (payments) proceeds from issuance of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of march 31, 2016 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
wassa/bogoso/prestea | 13,920,000 | 16,438,000 | 46,069,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
production stage royalty and stream interests | 69,510,000 | -59,381,000 | 2,729,802,000 | 12,942,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
development stage royalty and stream interests | 59,000 | 79,631,000 | 555,947,000 | 30,786,000 | -781,982,000 | 1,233,578,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exploration stage royalty interests | -54,587,000 | 0 | 210,584,000 | 46,700,000 | -856,000 | 166,708,000 | -12,125,000 | -1,003,000 | 177,324,000 | -18,535,000 | 0 | 195,959,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exploration stage stream interests | 3,598,000 | 10,113,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total royalty and stream interests | 1,271,000 | 23,848,000 | 3,506,446,000 | 67,305,000 | 24,796,000 | 2,555,786,000 | 31,603,000 | 62,000 | 2,519,735,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of royalty and stream interests | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of december 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
andacollo royalty sale | 345,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of september 30, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on distribution to non-controlling interest | -200,000 | -126,000 | -1,616,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes payable | 5,373,000 | 10,309,000 | 1,214,000 | -7,815,000 | 9,762,000 | -2,650,000 | 4,887,000 | 2,545,000 | 3,241,670 | 2,161,697 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of march 31, 2015 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mulatos | 0 | 0 | 48,092,000 | 0 | 0 | 48,092,000 | 0 | 0 | 48,092,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
robinson | 0 | 0 | 17,825,000 | 0 | 0 | 17,825,000 | 0 | 0 | 17,825,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total production stage royalty and stream interests | 4,074,000 | 2,000,000 | 1,906,202,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total development stage royalty and stream interests | 16,531,000 | 23,652,000 | 482,876,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of december 31, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of mining assets | 1,769,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of september 30, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mt. milligan | 783,046,000 | 0 | 0 | 783,046,000 | 61,954,000 | 94,998,000 | 576,092,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of march 31, 2014 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lascruces | 0 | 0 | 57,230,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dolores | 10,942,000 | 0 | 44,878,000 | 0 | 0 | 44,878,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
wolverine | 0 | 0 | 45,158,000 | 0 | 0 | 45,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
canadian malartic | 0 | 0 | 38,800,000 | 0 | 0 | 38,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gwalia deeps | 0 | 0 | 31,070,000 | 0 | 0 | 31,070,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
inata | 0 | 0 | 24,871,000 | 0 | 0 | 24,871,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ruby hill | 0 | 0 | 24,335,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
leeville | 0 | 0 | 18,322,000 | 0 | 0 | 18,322,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
el morro | 4,000 | 61,000 | 35,074,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
phoenix gold | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes (receivable) payable | 332,000 | 3,407,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of inventory - restricted | 0 | 118,000 | 4,455,000 | 2,789,000 | 1,471,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of december 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax (benefit) expense | 47,957 | -299,088 | -262,924 | -359,156 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of inventory — restricted | 334,000 | 209,000 | 2,899,000 | 908,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of september 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash stock-based compensation expense | 1,908,000 | 1,805,000 | 2,095,000 | 1,494,000 | 1,868,000 | 2,198,000 | 1,803,000 | 1,922,000 | 1,285,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring on royalty interests in mineral properties | 0 | 0 | 1,328,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of royalty interests in mineral properties | 0 | 0 | -307,000 | -13,639,246 | -1,899,754 | -400,000 | -1,072,442 | -11,635,000 | -4,892,413 | -13,817,230 | -14,947 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) investing activities | -61,947,000 | -44,837,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of common stock | -5,000 | 472,065,000 | 1,711,000 | 268,523,000 | 381,000 | 2,536,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowing from credit facility | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of march 31, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
las cruces | 0 | 0 | 57,230,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total royalty interests in mineral properties | 62,058,000 | 94,998,000 | 2,277,704,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of december 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of september 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred acquisition costs | -70,000 | -94,000 | -249,000 | -54,000 | -905,000 | 1,357,000 | -1,419,000 | -94,000 | -6,791 | 770,122 | -826,331 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs and expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
costs of operations | -405,000 | 2,757,000 | 1,192,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | -748,000 | 206,000 | 3,724,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
production taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exploration and business development | 278,000 | 140,000 | 687,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds on sale of inventory-restricted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used in) financing activities | -41,272,000 | -24,078,000 | -13,320,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of international royalty corporation, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash - compensating balance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from credit facilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(prepayment of) borrowings under chilean loan facility | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debenture | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from foreign exchange contract | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 877,000 | 369,000 | 225,000 | 90,246 | 752,212 | 0 | 0 | 126,816 | 611,361 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on royalty restructuring | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from royalty restructuring | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash — compensating balance | 0 | 0 | 19,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of international royalty corporation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
royalty restructuring | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(prepayment of) borrowings under term loan facility | -19,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
royalty portfolio restructuring gain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on available for sale securities | 0 | 498 | 38,062 | 10,440 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable — battle mountain gold exploration | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from royalty portfolio restructuring | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash — compensating balance | 0 | 0 | 0 | -3,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
battle mountain acquisition, net of cash acquired of 1,398 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings under term loan facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from stock-based compensation exercises | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gold loan payoff — battle mountain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of preferred stock | 0 | 10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution to minority interest holder | -908,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock repurchase program | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and equivalents at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
battle mountain acquisition, net of cash acquired of 1,398,181 | 411 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term loan facility | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common dividends paid | -2,736,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends paid | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of preferred stock to common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
battle mountain acquisition | 354 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures for property and equipment | -10,000 | -5,000 | -30,000 | -1,035 | 0 | -10,965 | -16,652 | -34,602 | -29,039 | -4,552 | 0 | -5,066 | 3,604 | -26,121 | -53,548 | -50,889 | -177,320 | -34,072 | -17,353 | -42,275 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from equity investment | 38,284 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity investment in battle mountain gold exploration | -2,242,099 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note payable | 3,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid | -2,384,000 | -1,869,605 | -1,579,455 | -1,300,623 | -1,297,620 | -1,296,344 | -1,162,913 | -1,050,628 | -1,050,478 | -1,042,661 | -779,377 | -779,377 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity offering costs | -28,508 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income accrued for battle mountain note receivable | 0 | 420 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of available for sale securities | -44 | -81,046 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of note payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities and other current liabilities | -535,214 | 196,628 | 187,586 | 58,538 | 200,857 | 181,399 | -546,127 | 261,807 | 268,498 | -68,922 | -394,898 | 356,536 | 124,672 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | -6,800 | -6,600 | -6,600 | 20,224 | -6,600 | -6,600 | -6,600 | -6,600 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
note receivable – battle mountain gold exploration | -557,945 | -566,639 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash – compensating balance | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facility payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gold loan payoff – battle mountain | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of royalty interest in mineral property | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on available for sale securities | 0 | -51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of available for sale securities | 0 | 447 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid during the period for: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 290,666 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 1,481,667 | 489,248 | 968,699 | 260,000 | 3,122,212 | 260,000 | 575,000 | 430,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash employee stock option compensation expense | 695,758 | 43,088 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from exercise of stock options | -1,393,099 | 501,588 | 816 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax (benefit) expense of share-based compensation exercises | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes payable | 1,502,675 | 609,462 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other long term liabilities | 13,345 | -6,600 | -6,600 | -6,600 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit from share-based compensation exercises | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advance to high river gold | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends | 1,296,344 | 1,162,913 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit of stock option exercises | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
put option mark to market | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income, as reported | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
add: stock-based compensation expense for restricted stock awards included in reported net income, net of related tax effects | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: total stock-based employee compensation expense determined under fair value based method for all awards, net of related tax effects | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma net income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic, as reported | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic, pro forma | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted, as reported | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted, pro forma | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash employee option compensation expense | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued liabilities and other current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition, net of cash acquired of 853,480 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of marketable securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash paid for: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
declared dividends on common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and depletion | 762,288 | 786,040 | 914,891 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on sale of available for sale securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total adjustments | 733,875 | 974,991 | 1,030,221 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends | -779,377 | 0 | -1,032,735 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of notes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized loss on put option contracts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition |