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Segment Reporting | 6 Months Ended
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Jun. 30, 2016
Segment Reporting [Abstract] |
SEGMENT REPORTING | SEGMENT REPORTING The Company’s operating segments include the Palmarejo complex, Rochester, Kensington, Wharf, and San Bartolomé mines, and Coeur Capital. All operating segments are engaged in the discovery and mining of gold and silver and generate the majority of their revenues from the sale of these precious metals with the exception of Coeur Capital, which holds the Endeavor silver stream and other precious metals royalties. Other includes the La Preciosa project, Joaquin project, corporate office, elimination of intersegment transactions, and other items necessary to reconcile to consolidated amounts. Financial information relating to the Company’s segments is as follows (in thousands):
Three months ended June 30, 2016 | Palmarejo |  | Rochester |  | Kensington |  | Wharf |  | San Bartolomé |  | Coeur Capital |  | Other |  | Total
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Metal sales | $ | 48,272 |  |  | $ | 35,761 |  |  | $ | 36,469 |  |  | $ | 34,005 |  |  | $ | 25,185 |  |  | $ | 505 |  |  | $ | — |  |  | $ | 180,197 |
Royalties | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,810 |  |  | — |  |  | 1,810 |
| 48,272 |  |  | 35,761 |  |  | 36,469 |  |  | 34,005 |  |  | 25,185 |  |  | 2,315 |  |  | — |  |  | 182,007 |
Costs and Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs applicable to sales(1) | 22,865 |  |  | 21,721 |  |  | 22,611 |  |  | 14,342 |  |  | 18,645 |  |  | 281 |  |  | — |  |  | 100,465 |
Amortization | 14,765 |  |  | 5,437 |  |  | 9,808 |  |  | 5,128 |  |  | 1,853 |  |  | 100 |  |  | 414 |  |  | 37,505 |
Exploration | 562 |  |  | 188 |  |  | 977 |  |  | — |  |  | — |  |  | 85 |  |  | 421 |  |  | 2,233 |
Write-downs | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Other operating expenses | 278 |  |  | 700 |  |  | 257 |  |  | 688 |  |  | 1,076 |  |  | 38 |  |  | 8,727 |  |  | 11,764 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value adjustments, net | (840 | ) |  | (2,687 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (52 | ) |  | (3,579 | )
Interest expense, net | (425 | ) |  | (181 | ) |  | (34 | ) |  | (27 | ) |  | (7 | ) |  | — |  |  | (10,201 | ) |  | (10,875 | )
Other, net | (4,360 | ) |  | (3,860 | ) |  | 1 |  |  | 204 |  |  | 411 |  |  | 1,460 |  |  | 4,287 |  |  | (1,857 | )
Income and mining tax (expense) benefit | 3,153 |  |  | 8 |  |  | — |  |  | (352 | ) |  | 848 |  |  | (2,275 | ) |  | (614 | ) |  | 768 |
Net income (loss) | $ | 7,330 |  |  | $ | 995 |  |  | $ | 2,783 |  |  | $ | 13,672 |  |  | $ | 4,863 |  |  | $ | 996 |  |  | $ | (16,142 | ) |  | $ | 14,497 |
Segment assets(2) | $ | 427,938 |  |  | $ | 207,764 |  |  | $ | 196,403 |  |  | $ | 113,821 |  |  | $ | 83,814 |  |  | $ | 9,158 |  |  | $ | 75,061 |  |  | $ | 1,113,959 |
Capital expenditures | $ | 8,863 |  |  | $ | 3,885 |  |  | $ | 7,536 |  |  | $ | 1,511 |  |  | $ | 1,317 |  |  | $ | — |  |  | $ | 176 |  |  | $ | 23,288 |
(1) Excludes amortization (2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interest
Three months ended June 30, 2015 | Palmarejo |  | Rochester |  | Kensington |  | Wharf |  | San Bartolomé |  | Coeur Capital |  | Other |  | Total
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Metal sales | $ | 38,875 |  |  | $ | 36,340 |  |  | $ | 42,468 |  |  | $ | 20,373 |  |  | $ | 23,366 |  |  | $ | 3,083 |  |  | $ | — |  |  | $ | 164,505 |
Royalties | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,758 |  |  | — |  |  | 1,758 |
| 38,875 |  |  | 36,340 |  |  | 42,468 |  |  | 20,373 |  |  | 23,366 |  |  | 4,841 |  |  | — |  |  | 166,263 |
Costs and Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs applicable to sales(1) | 30,112 |  |  | 24,392 |  |  | 27,452 |  |  | 16,632 |  |  | 19,157 |  |  | 1,352 |  |  | — |  |  | 119,097 |
Amortization | 9,046 |  |  | 5,387 |  |  | 12,684 |  |  | 3,491 |  |  | 5,271 |  |  | 2,619 |  |  | 476 |  |  | 38,974 |
Exploration | 1,837 |  |  | 501 |  |  | 432 |  |  | — |  |  | 43 |  |  | 75 |  |  | 691 |  |  | 3,579 |
Other operating expenses | 324 |  |  | 307 |  |  | 526 |  |  | 506 |  |  | 241 |  |  | 13 |  |  | 8,801 |  |  | 10,718 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value adjustments, net | 429 |  |  | 1,137 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,188 |  |  | 2,754 |
Interest expense, net | (844 | ) |  | (205 | ) |  | (57 | ) |  | — |  |  | (293 | ) |  | — |  |  | (9,335 | ) |  | (10,734 | )
Other, net | (505 | ) |  | — |  |  | (14 | ) |  | 37 |  |  | 420 |  |  | (924 | ) |  | (1,866 | ) |  | (2,852 | )
Income and mining tax (expense) benefit | 837 |  |  | (350 | ) |  | (994 | ) |  | (274 | ) |  | 195 |  |  | (623 | ) |  | 1,469 |  |  | 260 |
Net income (loss) | $ | (2,527 | ) |  | $ | 6,335 |  |  | $ | 309 |  |  | $ | (493 | ) |  | $ | (1,024 | ) |  | $ | (765 | ) |  | $ | (18,512 | ) |  | $ | (16,677 | )
Segment assets(2) | $ | 657,448 |  |  | $ | 190,704 |  |  | $ | 197,241 |  |  | $ | 131,990 |  |  | $ | 173,451 |  |  | $ | 55,896 |  |  | $ | 78,395 |  |  | $ | 1,485,125 |
Capital expenditures | $ | 10,723 |  |  | $ | 5,915 |  |  | $ | 4,714 |  |  | $ | 1,244 |  |  | $ | 994 |  |  | $ | — |  |  | $ | 87 |  |  | $ | 23,677 |
(1) Excludes amortization (2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
Six months ended June 30, 2016 | Palmarejo |  | Rochester |  | Kensington |  | Wharf |  | San Bartolomé |  | Coeur Capital |  | Other |  | Total
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Metal sales | $ | 78,085 |  |  | $ | 65,743 |  |  | $ | 72,212 |  |  | $ | 61,934 |  |  | $ | 46,463 |  |  | $ | 2,396 |  |  | $ | — |  |  | $ | 326,833 |
Royalties | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,561 |  |  | — |  |  | 3,561 |
| 78,085 |  |  | 65,743 |  |  | 72,212 |  |  | 61,934 |  |  | 46,463 |  |  | 5,957 |  |  | — |  |  | 330,394 |
Costs and Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs applicable to sales(1) | 43,903 |  |  | 44,206 |  |  | 47,029 |  |  | 29,803 |  |  | 36,142 |  |  | 937 |  |  | — |  |  | 202,020 |
Amortization | 22,054 |  |  | 10,750 |  |  | 18,157 |  |  | 9,179 |  |  | 3,607 |  |  | 881 |  |  | 842 |  |  | 65,470 |
Exploration | 1,363 |  |  | 297 |  |  | 930 |  |  | — |  |  | — |  |  | 206 |  |  | 1,167 |  |  | 3,963 |
Write-downs | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,446 |  |  | — |  |  | 4,446 |
Other operating expenses | 593 |  |  | 1,381 |  |  | 509 |  |  | 1,181 |  |  | 1,367 |  |  | 175 |  |  | 19,038 |  |  | 24,244 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value adjustments, net | (5,704 | ) |  | (4,936 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,634 | ) |  | (12,274 | )
Interest expense, net | (1,159 | ) |  | (352 | ) |  | (77 | ) |  | (27 | ) |  | (10 | ) |  | — |  |  | (20,370 | ) |  | (21,995 | )
Other, net | (5,595 | ) |  | (3,857 | ) |  | (19 | ) |  | 214 |  |  | 726 |  |  | 3,742 |  |  | 4,246 |  |  | (543 | )
Income and mining tax (expense) benefit | 3,251 |  |  | (415 | ) |  | — |  |  | (236 | ) |  | (723 | ) |  | (3,567 | ) |  | 352 |  |  | (1,338 | )
Net income (loss) | $ | 965 |  |  | $ | (451 | ) |  | $ | 5,491 |  |  | $ | 21,722 |  |  | $ | 5,340 |  |  | $ | (513 | ) |  | $ | (38,453 | ) |  | $ | (5,899 | )
Segment assets(2) | $ | 427,938 |  |  | $ | 207,764 |  |  | $ | 196,403 |  |  | $ | 113,821 |  |  | $ | 83,814 |  |  | $ | 9,158 |  |  | $ | 75,061 |  |  | $ | 1,113,959 |
Capital expenditures | $ | 17,678 |  |  | $ | 7,174 |  |  | $ | 15,626 |  |  | $ | 2,921 |  |  | $ | 1,838 |  |  | $ | — |  |  | $ | 223 |  |  | $ | 45,460 |
(1) Excludes amortization (2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
Six months ended June 30, 2015 | Palmarejo |  | Rochester |  | Kensington |  | Wharf |  | San Bartolomé |  | Coeur Capital |  | Other |  | Total
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Metal sales | $ | 78,269 |  |  | $ | 80,371 |  |  | $ | 86,506 |  |  | $ | 20,373 |  |  | $ | 44,913 |  |  | $ | 5,028 |  |  | $ | — |  |  | $ | 315,460 |
Royalties | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 3,759 |  |  | — |  |  | 3,759 |
| 78,269 |  |  | 80,371 |  |  | 86,506 |  |  | 20,373 |  |  | 44,913 |  |  | 8,787 |  |  | — |  |  | 319,219 |
Costs and Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs applicable to sales(1) | 64,603 |  |  | 55,785 |  |  | 56,871 |  |  | 16,632 |  |  | 38,284 |  |  | 1,985 |  |  | — |  |  | 234,160 |
Amortization | 16,380 |  |  | 12,230 |  |  | 24,238 |  |  | 3,491 |  |  | 9,961 |  |  | 4,770 |  |  | 994 |  |  | 72,064 |
Exploration | 2,960 |  |  | 1,223 |  |  | 2,094 |  |  | — |  |  | 79 |  |  | 150 |  |  | 1,339 |  |  | 7,845 |
Other operating expenses | 638 |  |  | 1,448 |  |  | 761 |  |  | 671 |  |  | 485 |  |  | 30 |  |  | 22,283 |  |  | 26,316 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value adjustments, net | (1,116 | ) |  | (1,155 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | 141 |  |  | (2,130 | )
Interest expense, net | (2,184 | ) |  | (430 | ) |  | (120 | ) |  | — |  |  | (574 | ) |  | — |  |  | (18,191 | ) |  | (21,499 | )
Other, net | (1,608 | ) |  | (40 | ) |  | (18 | ) |  | 54 |  |  | 872 |  |  | (2,449 | ) |  | (2,173 | ) |  | (5,362 | )
Income and mining tax (expense) benefit | (534 | ) |  | (700 | ) |  | (994 | ) |  | 412 |  |  | (1,211 | ) |  | (24 | ) |  | 3,243 |  |  | 192 |
Net income (loss) | $ | (11,754 | ) |  | $ | 7,360 |  |  | $ | 1,410 |  |  | $ | 45 |  |  | $ | (4,809 | ) |  | $ | (621 | ) |  | $ | (41,596 | ) |  | $ | (49,965 | )
Segment assets(2) | $ | 657,448 |  |  | $ | 190,704 |  |  | $ | 197,241 |  |  | $ | 131,990 |  |  | $ | 173,451 |  |  | $ | 55,896 |  |  | $ | 78,395 |  |  | $ | 1,485,125 |
Capital expenditures | $ | 19,907 |  |  | $ | 9,170 |  |  | $ | 8,859 |  |  | $ | 1,295 |  |  | $ | 1,943 |  |  | $ | — |  |  | $ | 123 |  |  | $ | 41,297 |
(1) Excludes amortization (2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
Assets | June 30, 2016 |  | December 31, 2015
Total assets for reportable segments | $ | 1,113,959 |  |  | $ | 1,103,310 |
Cash and cash equivalents | 257,591 |  |  | 200,714 |
Other assets | 40,305 |  |  | 28,465 |
Total consolidated assets | $ | 1,411,855 |  |  | $ | 1,332,489 |
Geographic Information
Long-Lived Assets | June 30, 2016 |  | December 31, 2015
Mexico | $ | 387,562 |  |  | $ | 390,694 |
United States | 332,007 |  |  | 336,210 |
Bolivia | 31,297 |  |  | 35,201 |
Australia | 3,235 |  |  | 5,952 |
Argentina | 10,227 |  |  | 10,871 |
Other | 5,051 |  |  | 9,058 |
Total | $ | 769,379 |  |  | $ | 787,986 |
Revenue | Three months ended June 30, |  | Six months ended June 30,
2016 |  | 2015 |  | 2016 |  | 2015
United States | $ | 106,236 |  |  | $ | 99,180 |  |  | $ | 199,890 |  |  | $ | 187,249 |
Mexico | 48,489 |  |  | 39,443 |  |  | 79,011 |  |  | 79,584 |
Bolivia | 25,185 |  |  | 23,366 |  |  | 46,463 |  |  | 44,913 |
Australia | 504 |  |  | 3,083 |  |  | 2,395 |  |  | 5,028 |
Other | 1,593 |  |  | 1,191 |  |  | 2,635 |  |  | 2,445 |
Total | $ | 182,007 |  |  | $ | 166,263 |  |  | $ | 330,394 |  |  | $ | 319,219 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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