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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Net income $ 210,428 $ 425,922 $ 157,162
Adjustments for:      
Depletion, depreciation, and amortization 181,447 227,959 109,258
Amortization of debt discount 976 948 938
Reclamation accretion expense 6,035 4,821 3,815
Deferred income taxes (67,932) (130,570) 20,659
Stock-based compensation 6,473 14,799 15,851
Equity loss of affiliates 339 2,952 1,426
Unrealized loss (gain) on derivative instruments 982 (5,093) 5,215
Change in fair value of marketable securities (602) 10,741 (21,368)
Non-cash fair value adjustment on acquired inventories 13,853 65,939 51,930
Loss (gain) on sale of mineral properties, plant and equipment 1,501 (412) 2,804
Gain on acquisition of Kartaltepe (81,852) 0 0
Impairment of long-lived and other assets 0 20,275 0
Non-cash care and maintenance 10,733 0 0
Loss (gain) on foreign exchange 25,785 0 0
Net change in operating assets and liabilities (147,270) (29,295) (40,592)
Net cash provided by (used in) operating activities 160,896 608,986 307,098
Investing activities      
Additions to mineral properties, plant and equipment (137,515) (164,810) (138,990)
Acquisitions, net [1] (170,064) 0 303,388
Purchases of marketable securities (9,004) (10,086) (29,550)
Proceeds on Royalty Portfolio sale 0 32,600 0
Proceeds from sales of marketable securities 35,631 11,396 97,098
Proceeds from repayment of note receivable 8,358 0 0
Proceeds from sale of mineral properties, plant and equipment 35,067 2,505 8,537
Other investing activities 1,245 (742) (60)
Net cash provided by (used in) investing activities (236,282) (129,137) 240,423
Financing activities      
Repayment of debt, principal (71,155) (70,000) (35,000)
Redemption of convertible notes 0 0 (114,994)
Proceeds from issuance of debt 0 0 3,087
Purchase of common shares (100,040) (148,075) 0
Proceeds from exercise of stock options 2,628 8,778 6,545
Principal payments on finance leases (10,091) (10,441) (3,623)
Non-controlling interest dividend (34,520) (55,464) 0
Dividends paid (58,799) (43,233) 0
Settlement of restricted and performance share units 0 408 (14,389)
Other financing activities 195 (1,742) 0
Net cash provided by (used in) financing activities (271,782) (319,769) (158,374)
Effect of foreign exchange rate changes on cash and cash equivalents (16,591) (3,136) 789
Net increase (decrease) in cash, cash equivalents, and restricted cash (363,759) 156,944 389,936
Cash, cash equivalents, and restricted cash, beginning of year 1,052,865 895,921 505,985
Cash, cash equivalents, and restricted cash, end of year 689,106 1,052,865 895,921
Reconciliation of cash, cash equivalents, and restricted cash:      
Cash and cash equivalents 655,453 1,017,562 860,633
Restricted cash 33,653 35,303 35,288
Total cash, cash equivalents, and restricted cash $ 689,106 $ 1,052,865 $ 895,921
[1]     Acquisitions, net for the year ended December 31, 2022 is comprised of $24.8 million cash paid in the acquisition of Taiga Gold Corp., net of $4.7 million of cash and cash equivalents acquired, and $150.0 million cash paid in the acquisition of an additional 30% ownership in Kartaltepe. Acquisitions, net for the year ended December 31, 2020 is comprised of $303.4 million of cash, cash equivalents, and restricted cash acquired as part of the Alacer acquisition. Refer to Note 3 for further details.