XML 14 R3.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Operating activities            
Net income $ 67,519 $ 77,792 $ 143,625 $ 205,243
Adjustments for:          
Depreciation, depletion, and amortization     112,590 109,772
Amortization of debt discount     475 461
Reclamation costs     2,622 2,410
Deferred income taxes     (41,899) (35,818)
Stock-based compensation     6,158 3,231
Equity pickup on investments in joint ventures 18 343 271 1,521
Unrealized loss (gain) on derivative instruments     (116) (4,687)
Change in fair value of marketable securities 2,876 1,362 3,799 1,947
Non-cash fair value adjustment on acquired inventories     7,503 32,044
Loss (gain) on sale of mineral properties, plant and equipment 757 (1,636) 1,341 (1,614)
Impairment of long-lived and other assets 0 22,345 0 22,349
Net change in operating assets and liabilities       (141,344) (73,603)
Net cash provided by operating activities     95,025 263,256
Investing activities        
Additions to mineral properties, plant and equipment     (76,330) (93,247)
Purchases of marketable securities     (2,603) 0
Proceeds from sale of marketable securities     12,830 4,592
Proceeds from repayment of note receivable     8,358 0
Proceeds from sale of mineral properties, plant and equipment     0 2,500
Other investing activities     0 (295)
Net cash used in investing activities     (57,745) (86,450)
Financing activities         
Repayment of debt, principal     (35,568) (35,000)
Repurchase of common shares     (14,667) (70,254)
Proceeds from exercise of stock options     2,628 3,600
Principal payments on finance leases     (8,203) (4,017)
Non-controlling interest dividend     (30,773) (38,084)
Dividends paid     (30,100) (21,966)
Other financing activities     0 (1,114)
#REF!     (116,683) (166,835)
Effect of foreign exchange rate changes on cash and cash equivalents     524 (247)
#REF!     (78,879) 9,724
Cash, cash equivalents, and restricted cash beginning of period     1,052,865 895,921
Cash, cash equivalents, and restricted cash end of period 973,986 905,645 973,986 905,645
Reconciliation of cash, cash equivalents, and restricted cash:        
Cash and cash equivalents 938,599 870,352 938,599 870,352
Restricted cash 35,387 35,293 35,387 35,293
Total cash, cash equivalents, and restricted cash $ 973,986 $ 905,645 $ 973,986 $ 905,645