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v3.19.1

Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2019
Segment Reporting [Abstract] |
Financial information relating to the reporting segments | Financial information relating to the Company’s segments is as follows (in thousands):
Three months ended March 31, 2019 | Palmarejo |  | Rochester |  | Kensington |  | Wharf |  | Silvertip |  | Other |  | Total
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |
Gold sales | $ | 31,600 |  |  | $ | 11,053 |  |  | $ | 40,286 |  |  | $ | 23,825 |  |  | $ | — |  |  | $ | — |  |  | $ | 106,764 |
Silver sales | 21,625 |  |  | 15,317 |  |  | — |  |  | 217 |  |  | 2,955 |  |  | — |  |  | 40,114 |
Zinc sales | — |  |  | — |  |  | — |  |  | — |  |  | 5,634 |  |  | — |  |  | 5,634 |
Lead sales | — |  |  | — |  |  | — |  |  | — |  |  | 2,358 |  |  | — |  |  | 2,358 |
Metal sales | 53,225 |  |  | 26,370 |  |  | 40,286 |  |  | 24,042 |  |  | 10,947 |  |  | — |  |  | 154,870 |
Costs and Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs applicable to sales(1) | 33,244 |  |  | 22,454 |  |  | 32,175 |  |  | 17,392 |  |  | 26,385 |  |  | — |  |  | 131,650 |
Amortization | 14,528 |  |  | 4,037 |  |  | 11,727 |  |  | 2,681 |  |  | 8,426 |  |  | 477 |  |  | 41,876 |
Exploration | 1,010 |  |  | 90 |  |  | 481 |  |  | — |  |  | 61 |  |  | 2,072 |  |  | 3,714 |
Other operating expenses | 702 |  |  | 962 |  |  | 271 |  |  | 664 |  |  | 241 |  |  | 11,068 |  |  | 13,908 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value adjustments, net | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 9,120 |  |  | 9,120 |
Interest expense, net | (136 | ) |  | (142 | ) |  | (229 | ) |  | (21 | ) |  | (197 | ) |  | (5,729 | ) |  | (6,454 | )
Other, net | (1,040 | ) |  | (27 | ) |  | 13 |  |  | 86 |  |  | (188 | ) |  | 1,216 |  |  | 60 |
Income and mining tax (expense) benefit | 1,291 |  |  | 144 |  |  | — |  |  | (173 | ) |  | 9,751 |  |  | (2,355 | ) |  | 8,658 |
Income (loss) from continuing operations | $ | 3,856 |  |  | $ | (1,198 | ) |  | $ | (4,584 | ) |  | $ | 3,197 |  |  | $ | (14,800 | ) |  | $ | (11,365 | ) |  | $ | (24,894 | )
Income (loss) from discontinued operations | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 5,693 |  |  | $ | 5,693 |
Segment assets(2) | $ | 360,734 |  |  | $ | 271,403 |  |  | $ | 221,164 |  |  | $ | 103,579 |  |  | $ | 417,089 |  |  | $ | 174,430 |  |  | $ | 1,548,399 |
Capital expenditures | $ | 8,676 |  |  | $ | 4,645 |  |  | $ | 9,356 |  |  | $ | 431 |  |  | $ | 4,077 |  |  | $ | 253 |  |  | $ | 27,438 |
(1) Excludes amortization (2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
Three months ended March 31, 2018 | Palmarejo |  | Rochester |  | Kensington |  | Wharf |  | Silvertip |  | Other |  | Total
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |
Gold sales | $ | 36,069 |  |  | $ | 14,856 |  |  | $ | 36,300 |  |  | $ | 23,249 |  |  | — |  |  | $ | — |  |  | $ | 110,474 |
Silver sales | 33,968 |  |  | 18,641 |  |  | — |  |  | 184 |  |  | — |  |  | — |  |  | 52,793 |
Metal sales | 70,037 |  |  | 33,497 |  |  | 36,300 |  |  | 23,433 |  |  | — |  |  | — |  |  | 163,267 |
Costs and Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |
Costs applicable to sales(1) | 31,096 |  |  | 24,305 |  |  | 28,630 |  |  | 15,309 |  |  | — |  |  | — |  |  | 99,340 |
Amortization | 16,325 |  |  | 4,831 |  |  | 6,717 |  |  | 2,657 |  |  | — |  |  | 247 |  |  | 30,777 |
Exploration | 3,970 |  |  | 33 |  |  | 1,590 |  |  | 10 |  |  | — |  |  | 1,080 |  |  | 6,683 |
Other operating expenses | 731 |  |  | 884 |  |  | 321 |  |  | 665 |  |  | 20 |  |  | 10,408 |  |  | 13,029 |
Other income (expense) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss on debt extinguishment | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Fair value adjustments, net | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4,654 |  |  | 4,654 |
Interest expense, net | (119 | ) |  | (98 | ) |  | (243 | ) |  | (12 | ) |  | (410 | ) |  | (5,083 | ) |  | (5,965 | )
Other, net | (2,144 | ) |  | (40 | ) |  | (37 | ) |  | (21 | ) |  | 362 |  |  | 2,393 |  |  | 513 |
Income and mining tax (expense) benefit | (12,443 | ) |  | (371 | ) |  | — |  |  | (639 | ) |  | 835 |  |  | 669 |  |  | (11,949 | )
Income (loss) from continuing operations | $ | 3,209 |  |  | $ | 2,935 |  |  | $ | (1,238 | ) |  | $ | 4,120 |  |  | $ | 767 |  |  | $ | (9,102 | ) |  | $ | 691 |
Income (loss) from discontinued operations | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | — |  |  | $ | 550 |  |  | $ | 550 |
Segment assets(2) | $ | 377,146 |  |  | $ | 245,881 |  |  | $ | 215,244 |  |  | $ | 104,805 |  |  | 361,212 |  |  | $ | 119,922 |  |  | $ | 1,424,210 |
Capital expenditures | $ | 9,293 |  |  | $ | 2,633 |  |  | $ | 11,364 |  |  | $ | 344 |  |  | 18,629 |  |  | $ | 82 |  |  | $ | 42,345 |
(1) Excludes amortization (2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests
Assets | March 31, 2019 |  | December 31, 2018
Total assets for reportable segments | $ | 1,548,399 |  |  | $ | 1,550,671 |
Cash and cash equivalents | 69,033 |  |  | 115,081 |
Other assets | 113,933 |  |  | 46,748 |
Total consolidated assets | $ | 1,731,365 |  |  | $ | 1,712,500 |
Consolidated Assets |
Assets | March 31, 2019 |  | December 31, 2018
Total assets for reportable segments | $ | 1,548,399 |  |  | $ | 1,550,671 |
Cash and cash equivalents | 69,033 |  |  | 115,081 |
Other assets | 113,933 |  |  | 46,748 |
Total consolidated assets | $ | 1,731,365 |  |  | $ | 1,712,500 |
Long Lived Assets by Country | Geographic Information
Long-Lived Assets | March 31, 2019 |  | December 31, 2018
Mexico | $ | 337,752 |  |  | $ | 342,007 |
United States | 513,399 |  |  | 515,649 |
Canada | 402,668 |  |  | 404,185 |
Other | 7,995 |  |  | 8,177 |
Total | $ | 1,261,814 |  |  | $ | 1,270,018 |
Revenue by Country |
Revenue | Three Months Ended March 31,
2019 |  | 2018
United States | $ | 90,699 |  |  | $ | 93,230 |
Mexico | 53,225 |  |  | 70,037 |
Canada | 10,946 |  |  | — |
Total | $ | 154,870 |  |  | $ | 163,267 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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