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Segment Reporting | 3 Months Ended
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Mar. 31, 2017
Segment Reporting [Abstract] |
SEGMENT REPORTING | SEGMENT REPORTING The Company’s operating segments include the Palmarejo complex, Rochester, Kensington, Wharf, and San Bartolomé mines. All operating segments are engaged in the discovery, mining, and production of gold and/or silver. Other includes the Endeavor silver stream, La Preciosa project, other royalties and mineral interests, strategic equity investments, corporate office, elimination of intersegment transactions, and other items necessary to reconcile to consolidated amounts. The Company eliminated Coeur Capital as a standalone reportable segment in the first quarter of 2017 and has classified the operating performance, segment assets, and capital expenditures of the Endeavor silver stream and other remaining non-core assets in Other. All prior period amounts have been adjusted to conform to the current presentation. Financial information relating to the Company’s segments is as follows (in thousands):
Three months ended March 31, 2017 | Palmarejo |  | Rochester |  | Kensington |  | Wharf |  | San Bartolomé |  | Other |  | Total
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |
Metal sales | $ | 77,704 |  |  | $ | 38,979 |  |  | $ | 37,964 |  |  | $ | 30,251 |  |  | $ | 20,584 |  |  | $ | 656 |  |  | $ | 206,138 |
Costs and Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs applicable to sales(1) | 43,001 |  |  | 26,439 |  |  | 28,443 |  |  | 16,320 |  |  | 18,222 |  |  | 287 |  |  | 132,712 |
Amortization | 20,150 |  |  | 5,816 |  |  | 9,178 |  |  | 3,111 |  |  | 1,411 |  |  | 438 |  |  | 40,104 |
Exploration | 1,631 |  |  | 144 |  |  | 839 |  |  | — |  |  | — |  |  | 2,638 |  |  | 5,252 |
Other operating expenses | 301 |  |  | 810 |  |  | 345 |  |  | 619 |  |  | 752 |  |  | 11,887 |  |  | 14,714 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value adjustments, net | — |  |  | (1,200 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (1,200 | )
Interest expense, net | (125 | ) |  | (117 | ) |  | (40 | ) |  | (19 | ) |  | (7 | ) |  | (3,278 | ) |  | (3,586 | )
Other, net | 1,794 |  |  | (32 | ) |  | (808 | ) |  | 89 |  |  | 279 |  |  | 19,817 |  |  | 21,139 |
Income and mining tax (expense) benefit | (12,245 | ) |  | (498 | ) |  | — |  |  | (957 | ) |  | (31 | ) |  | 2,685 |  |  | (11,046 | )
Net income (loss) | $ | 2,045 |  |  | $ | 3,923 |  |  | $ | (1,689 | ) |  | $ | 9,314 |  |  | $ | 440 |  |  | $ | 4,630 |  |  | $ | 18,663 |
Segment assets(2) | $ | 401,623 |  |  | $ | 227,526 |  |  | $ | 204,987 |  |  | $ | 104,673 |  |  | $ | 68,412 |  |  | $ | 84,402 |  |  | $ | 1,091,623 |
Capital expenditures | $ | 6,230 |  |  | $ | 10,568 |  |  | $ | 5,521 |  |  | $ | 887 |  |  | $ | 388 |  |  | $ | 385 |  |  | $ | 23,979 |
(1) Excludes amortization (2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
Three months ended March 31, 2016 | Palmarejo |  | Rochester |  | Kensington |  | Wharf |  | San Bartolomé |  | Other |  | Total
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |
Metal sales | $ | 29,813 |  |  | $ | 29,982 |  |  | $ | 35,743 |  |  | $ | 27,929 |  |  | $ | 21,278 |  |  | $ | 1,891 |  |  | $ | 146,636 |
Royalties | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1,751 |  |  | 1,751 |
| 29,813 |  |  | 29,982 |  |  | 35,743 |  |  | 27,929 |  |  | 21,278 |  |  | 3,642 |  |  | 148,387 |
Costs and Expenses |  |  |  |  |  |  |  |  |  |  |  |  |
Costs applicable to sales(1) | 21,038 |  |  | 22,485 |  |  | 24,418 |  |  | 15,461 |  |  | 17,497 |  |  | 656 |  |  | 101,555 |
Amortization | 7,289 |  |  | 5,313 |  |  | 8,349 |  |  | 4,051 |  |  | 1,754 |  |  | 1,208 |  |  | 27,964 |
Exploration | 801 |  |  | 109 |  |  | (47 | ) |  | — |  |  | — |  |  | 868 |  |  | 1,731 |
Write-downs | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,446 |  |  | 4,446 |
Other operating expenses | 315 |  |  | 681 |  |  | 252 |  |  | 493 |  |  | 291 |  |  | 10,448 |  |  | 12,480 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value adjustments, net | (4,864 | ) |  | (2,249 | ) |  | — |  |  | — |  |  | — |  |  | (1,582 | ) |  | (8,695 | )
Interest expense, net | (734 | ) |  | (171 | ) |  | (43 | ) |  | — |  |  | (3 | ) |  | (10,169 | ) |  | (11,120 | )
Other, net | (1,235 | ) |  | 3 |  |  | (20 | ) |  | 10 |  |  | 315 |  |  | 2,241 |  |  | 1,314 |
Income and mining tax (expense) benefit | 98 |  |  | (423 | ) |  | — |  |  | 116 |  |  | (1,571 | ) |  | (326 | ) |  | (2,106 | )
Net income (loss) | $ | (6,365 | ) |  | $ | (1,446 | ) |  | $ | 2,708 |  |  | $ | 8,050 |  |  | $ | 477 |  |  | $ | (23,820 | ) |  | $ | (20,396 | )
Segment assets(2) | $ | 422,086 |  |  | $ | 209,692 |  |  | $ | 192,805 |  |  | $ | 113,383 |  |  | $ | 87,750 |  |  | $ | 92,224 |  |  | $ | 1,117,940 |
Capital expenditures | $ | 8,815 |  |  | $ | 3,289 |  |  | $ | 8,090 |  |  | $ | 1,410 |  |  | $ | 521 |  |  | $ | 47 |  |  | $ | 22,172 |
(1) Excludes amortization (2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
Assets | March 31, 2017 |  | December 31, 2016
Total assets for reportable segments | $ | 1,091,623 |  |  | $ | 1,122,038 |
Cash and cash equivalents | 210,033 |  |  | 162,182 |
Other assets | 36,094 |  |  | 34,689 |
Total consolidated assets | $ | 1,337,750 |  |  | $ | 1,318,909 |
Geographic Information
Long-Lived Assets | March 31, 2017 |  | December 31, 2016
Mexico | $ | 376,890 |  |  | $ | 397,697 |
United States | 355,736 |  |  | 338,897 |
Bolivia | 32,422 |  |  | 31,539 |
Australia | 2,871 |  |  | 2,983 |
Argentina | 227 |  |  | 10,228 |
Other | 5,601 |  |  | 5,564 |
Total | $ | 773,747 |  |  | $ | 786,908 |
Revenue | Three months ended March 31,
2017 |  | 2016
United States | $ | 107,194 |  |  | $ | 93,654 |
Mexico | 77,704 |  |  | 30,522 |
Bolivia | 20,584 |  |  | 21,278 |
Australia | 656 |  |  | 1,891 |
Other | — |  |  | 1,042 |
Total | $ | 206,138 |  |  | $ | 148,387 |

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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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