| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net income | ||||||||
5,832 | 9,288 | 4,150 | 4,387 | 3,062 | 15,036 | 5,334 | 33,671 | 58,369 |
Adjustments to reconcile net income to net cash from operating activities: | ||||||||
Deferred income taxes | ||||||||
2,940 | -501 | 14,991 | -1,555 | 5,133 | 3,771 | -3,196 | -3,046 | -33,213 |
Depreciation and amortization | ||||||||
23,318 | 15,169 | 14,998 | 12,588 | 9,097 | 4,551 | 2,626 | 1,540 | 953 |
Reclamation and remediation | ||||||||
- | - | - | - | - | - | - | - | 82 |
Stock-based compensation | ||||||||
1,932 | 1,497 | 1,192 | 1,240 | 3,472 | 4,951 | 7,617 | 6,600 | 6,570 |
Currency exchange (gain) loss | ||||||||
- | - | - | - | - | - | - | - | 1,634 |
Impairment loss on gold and silver bullion | ||||||||
- | - | - | - | - | - | - | - | 429 |
Other operating adjustments | ||||||||
-322 | -2,535 | -1,285 | -298 | -2,874 | 107 | -1,588 | -1,729 | - |
Changes in operating assets and liabilities: | ||||||||
Accounts receivable | ||||||||
6,618 | 220 | 2,254 | 309 | -1,095 | -891 | -4,368 | -8,305 | 14,265 |
Inventories | ||||||||
7,846 | 2,820 | 2,797 | 738 | 430 | -206 | 32 | 4,098 | 1,601 |
Prepaid expenses and other current assets | ||||||||
-1,443 | 417 | 448 | -793 | -233 | -930 | 5,127 | 14 | 767 |
Other non-current assets | ||||||||
3,603 | -130 | 7 | -79 | 2 | - | - | - | - |
Accounts payable and other accrued liabilities | ||||||||
3,802 | 1,489 | 1,636 | -3,579 | 3,357 | -2,832 | -548 | 2,859 | -428 |
Accrued expenses | ||||||||
- | - | - | - | - | - | - | - | 2,795 |
IVA taxes payable/receivable | ||||||||
- | - | - | - | - | - | - | - | 6,147 |
Mining royalty and income taxes payable, net | ||||||||
-106 | -3,894 | 2,887 | 4,695 | -7,721 | 10,256 | -5,756 | -16,406 | 17,883 |
Total adjustments | ||||||||
- | - | - | - | - | - | - | -2,531 | - |
Net cash provided by operating activities | ||||||||
- | - | - | - | - | 37,653 | 6,874 | 31,140 | - |
Net cash provided by operating activities | ||||||||
21,416 | 22,256 | 35,633 | 17,899 | 20,170 | - | - | - | 41,320 |
Cash flows from investing activities: | ||||||||
Capital expenditures | ||||||||
39,474 | 40,076 | 25,432 | 15,140 | 26,685 | 17,898 | 6,703 | 4,461 | 7,416 |
Proceeds from the sale of equity investments | ||||||||
- | - | - | 749 | - | - | - | - | - |
Proceeds from sale of property, plant and mine development | ||||||||
- | - | - | - | - | 1,763 | - | - | - |
Purchases of gold and silver bullion | ||||||||
- | - | - | - | - | - | 1,050 | 5,164 | 2,977 |
Proceeds from conversion of gold and silver bullion | ||||||||
- | - | - | - | - | - | 1,316 | 1,961 | - |
Proceeds from sale of subsidiary, net of distributions | ||||||||
- | - | - | - | - | 1,291 | - | - | - |
Purchase of investments | ||||||||
- | - | - | - | - | 1,805 | 231 | - | - |
Other investing activities | ||||||||
-2 | -6 | 257 | 302 | 55 | -32 | - | - | - |
Net cash used in investing activities | ||||||||
- | - | - | - | - | -16,617 | -6,668 | -7,664 | - |
Net cash used in investing activities | ||||||||
-39,472 | -40,070 | -25,689 | -14,693 | -26,740 | - | - | - | -10,393 |
Cash flows from financing activities: | ||||||||
Proceeds from the exercise of stock options | ||||||||
98 | 1,261 | - | 391 | - | 100 | 645 | - | - |
Proceeds from equipment financing | ||||||||
- | - | - | - | - | - | 4,501 | - | - |
Treasury stock purchases | ||||||||
- | - | - | - | - | - | - | 3,931 | 1,954 |
Repayments of capital leases | ||||||||
- | - | - | 606 | 1,501 | 1,469 | 645 | - | - |
Proceeds from issuance of stock | ||||||||
24,449 | 4,319 | - | - | - | - | - | - | - |
Dividends paid | ||||||||
1,491 | 1,149 | 1,137 | 1,670 | 6,502 | 6,494 | 25,514 | 35,940 | 25,429 |
Repayment of loans payable | ||||||||
812 | 596 | 184 | - | - | - | - | - | - |
Repayment of capital leases | ||||||||
419 | 383 | 73 | - | - | - | - | - | - |
Net cash provided by (used in) financing activities | ||||||||
21,825 | 3,452 | -1,394 | -1,885 | -8,003 | - | - | - | -27,383 |
Net cash used in financing activities | ||||||||
- | - | - | - | - | -7,863 | -21,013 | -39,871 | - |
Effect of exchange rate changes on cash and cash equivalents | ||||||||
-455 | -266 | -326 | 23 | -146 | -605 | - | 215 | - |
Net increase (decrease) in cash and cash equivalents | ||||||||
3,314 | -14,628 | 8,224 | - | - | - | - | - | - |
Effect of exchange rates on cash and equivalents | ||||||||
- | - | - | - | - | - | - | - | 834 |
Net increase in cash and cash equivalents | ||||||||
- | - | - | 1,344 | -14,719 | 12,568 | -20,807 | -16,180 | 4,378 |
Supplemental Cash Flow Information | ||||||||
Interest expense paid | ||||||||
157 | 177 | 65 | 13 | 78 | - | - | - | - |
Interest expense paid | ||||||||
- | - | - | - | - | 149 | 102 | - | - |
Income and mining taxes paid | ||||||||
3,743 | 7,068 | 3,102 | 256 | 9,514 | 939 | 14,328 | 33,020 | - |
Non-cash investing activities: | ||||||||
Change in capital expenditures in accounts payable | ||||||||
-550 | 3,302 | 1,041 | -2,868 | 1,358 | - | - | - | - |
Change in estimate for asset retirement costs | ||||||||
2,172 | 271 | 366 | -21 | - | - | - | - | - |
Equipment purchased through loan payable | ||||||||
330 | 526 | 2,397 | - | - | - | - | - | - |
Equipment purchased under finance leases | ||||||||
56 | 26 | 1,686 | - | - | - | - | - | - |
Equipment purchased under capital lease | ||||||||
- | - | - | 300 | - | - | - | - | - |
Common stock issued for the acquisition of mineral rights | ||||||||
- | - | 1,300 | 13,910 | - | - | - | - | - |