| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Operating activities: | |||||||||||
Net loss | |||||||||||
-99,557 | -26,563 | -28,520 | 61,569 | -86,968 | 17,824 | -25,130 | 14,954 | 151,164 | 48,983 | 67,826 | -66,563 |
Non-cash elements included in net loss: | |||||||||||
Loss on discontinued operations, net of tax | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 29,390 |
Income (loss) from continuing operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -37,173 |
Depreciation, depletion and amortization | |||||||||||
204,475 | 140,905 | 126,467 | 124,918 | 112,585 | 112,173 | 82,366 | 50,113 | 47,348 | 60,235 | 63,061 | 35,846 |
Loss on disposition of investments | |||||||||||
923 | -34 | -166 | - | -44 | 0 | 197 | - | 611 | 588 | 4,070 | 8,097 |
Unrealized loss on investments | |||||||||||
2,386 | 2,816 | 251 | -177 | -3,333 | -3,224 | -2,639 | -1,171 | -140 | - | - | - |
Adjustment of inventory to market value | |||||||||||
1,399 | 8,191 | 0 | 811 | 1,649 | 0 | - | - | - | - | - | - |
Fee on prepayment of debt with shares of common stock | |||||||||||
2,855 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Loss on impairment of investments | |||||||||||
- | - | - | - | - | - | - | - | - | 739 | 3,018 | 373 |
Gain on disposition of properties, plants, equipment, and mineral interests | |||||||||||
-4,643 | 2,793 | 6,042 | 147 | -404 | 25 | 75 | -275 | - | 80 | -6,234 | -203 |
Provision for reclamation and closure costs | |||||||||||
6,914 | 6,090 | 4,508 | 4,813 | 12,036 | 10,215 | 1,788 | 1,106 | 7,004 | 196,262 | 5,172 | 651 |
Stock compensation | |||||||||||
5,668 | 6,278 | 6,323 | 6,184 | 5,425 | 4,965 | 4,461 | 3,101 | 2,073 | 3,446 | 2,746 | 4,122 |
Deferred income taxes | |||||||||||
33,387 | 9,699 | -19,392 | -2,774 | -54,978 | -1,895 | 5,893 | -546 | -76,944 | -141,707 | -7,100 | 6,756 |
Acquisition costs | |||||||||||
- | - | - | 1,048 | 0 | 0 | - | - | - | - | - | - |
Preferred shares issued for debt-related fees | |||||||||||
- | - | - | - | - | - | - | - | - | - | 4,262 | - |
Amortization of loan origination fees and loss on extinguishment of debt | |||||||||||
2,637 | 2,077 | 1,864 | 1,871 | 1,821 | 2,183 | 1,435 | 460 | 598 | 621 | 3,993 | 6,646 |
Amortization of intangible asset | |||||||||||
- | - | - | - | - | - | - | - | - | 1,380 | 1,388 | 710 |
(Gain) loss on derivative contracts | |||||||||||
-5,613 | 15,366 | -20,741 | 5,494 | -11,630 | 6,886 | 1,338 | -29,627 | 53,545 | -20,795 | -2,139 | 514 |
Foreign exchange (gain) loss | |||||||||||
-8,025 | 7,104 | -10,208 | -4,460 | 20,081 | 10,482 | 928 | - | - | - | - | - |
Other non-cash items, net | |||||||||||
-45 | 66 | -52 | 174 | 35 | 858 | 636 | 1,765 | 1,209 | -495 | -55 | - |
Gain on termination of employee benefit plan | |||||||||||
- | - | - | - | - | - | - | - | - | - | -8,950 | - |
Change in assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
10,939 | -9,843 | 2,414 | -4,233 | 6,834 | -3,091 | 1,313 | 4,713 | -16,531 | 9,404 | 18,117 | 18,591 |
Inventories | |||||||||||
-16,146 | 27,512 | 3,744 | 5,697 | 854 | -1,119 | 6,507 | 2,442 | 7,064 | -2,335 | 135 | 1,812 |
Reversal of purchase price allocation to product inventory | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 16,637 |
Other current and non-current assets | |||||||||||
-15,618 | 1,726 | 11,595 | -14,422 | -1,195 | 580 | -3,281 | -610 | -2,164 | -3,279 | 1,526 | -2,012 |
Accounts payable and accrued liabilities | |||||||||||
-24,355 | 17,795 | -16,434 | -6,539 | -4,211 | -19,697 | -10,927 | 4,927 | 1,466 | 10,896 | -3,663 | -13,002 |
Accrued payroll and related benefits | |||||||||||
9,226 | -2,425 | 2,092 | 17,705 | 7,325 | 16,422 | 539 | -2,118 | 2,090 | -3,376 | 6,015 | -1,943 |
Accrued taxes | |||||||||||
-3,155 | 645 | -2,234 | 263 | 4,653 | -3,612 | -4,775 | 1,967 | -5,688 | 9,802 | 4,866 | 1,068 |
Accrued reclamation and closure costs and other non-current liabilities | |||||||||||
-7,532 | 7,199 | 5,203 | 1,869 | -8,350 | 47,847 | 13,418 | 32,333 | -171,932 | -5,474 | 1,540 | -6,621 |
Other non-current liabilities | |||||||||||
- | - | - | - | - | - | - | - | - | - | 2,989 | -1,141 |
Net cash used by discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -12,488 |
Cash provided by operating activities | |||||||||||
120,866 | 94,221 | 115,878 | 225,328 | 106,445 | 83,124 | 26,644 | 69,016 | 69,891 | 197,809 | 119,165 | 11,046 |
Investing activities: | |||||||||||
Additions to properties, plants, equipment and mineral interests | |||||||||||
121,421 | 136,933 | 98,038 | 164,788 | 137,443 | 122,537 | 150,736 | 113,096 | 87,546 | 67,414 | 27,704 | 64,935 |
Proceeds from sale of investments | |||||||||||
1,760 | 0 | 0 | - | 14 | 0 | 1,772 | - | 1,366 | -1,138 | -4,091 | -27,001 |
Proceeds from disposition of properties, plants and equipment | |||||||||||
183 | 2,411 | 374 | 348 | 579 | 428 | 460 | 886 | 113 | 29 | 8,023 | 596 |
Insurance proceeds received for damaged property | |||||||||||
0 | 4,377 | 7,745 | - | 0 | - | - | - | - | - | - | - |
Redemptions of restricted cash and investment balances | |||||||||||
- | - | - | - | 0 | 4,334 | 125 | - | 9,448 | 1,459 | 3,487 | 31,839 |
Purchases of investments | |||||||||||
389 | 31,971 | 56,613 | 48,943 | 947 | 580 | 6,001 | 5,823 | - | - | - | - |
Maturities of investments | |||||||||||
0 | 64,895 | 49,969 | 18,649 | 0 | 0 | - | - | - | - | - | - |
Purchase of other companies, net of cash and restricted cash acquired | |||||||||||
0 | 139,326 | 0 | 2,730 | 809 | 0 | 321,117 | - | - | - | - | 688,452 |
Addition to restricted cash for environmental matters | |||||||||||
- | - | - | - | - | - | - | 5 | - | - | - | - |
Changes in restricted cash and investment balances | |||||||||||
- | - | - | - | - | - | - | - | 3,200 | - | - | 8,562 |
Maturities of short-term investments | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 4,036 |
Net cash provided by discontinued operations | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 21,159 |
Net cash used in investing activities | |||||||||||
-119,867 | -236,547 | -96,563 | -197,464 | -138,606 | -118,355 | -475,497 | -118,038 | -79,819 | -64,788 | -12,103 | -677,318 |
Financing activities: | |||||||||||
Proceeds from issuance of common stock, net of offering costs | |||||||||||
49,019 | 6,744 | 9,610 | 8,121 | 0 | 0 | - | - | - | - | 128,334 | 183,357 |
Proceeds from exercise of warrants | |||||||||||
- | - | - | - | - | 54,418 | 61 | - | 5,786 | 53,093 | - | - |
Dividends paid to common stockholders | |||||||||||
4,914 | 4,393 | 3,976 | 3,867 | 3,739 | 3,547 | 5,991 | 17,121 | -5,592 | 22,891 | - | - |
Dividends paid to preferred stockholders | |||||||||||
552 | 552 | 552 | 552 | 552 | 552 | 552 | 552 | 3,822 | 4,513 | - | 7,427 |
Credit facility fees paid | |||||||||||
976 | 2,638 | 476 | 127 | 127 | 938 | 1,244 | 750 | - | - | - | - |
Debt issuance and loan origination fees paid | |||||||||||
- | - | - | - | - | - | - | - | -180 | - | - | - |
Loan origination fees paid | |||||||||||
- | - | - | - | - | - | - | - | - | 200 | 1,467 | 8,125 |
Payments on interest rate swap | |||||||||||
- | - | - | - | - | - | - | - | - | - | 3,013 | - |
Proceeds from exercise of stock options and warrants | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 147 |
Acquisition of treasury shares from employee equity awards | |||||||||||
2,231 | 2,694 | 2,868 | 4,440 | 1,874 | 3,740 | 286 | 2,144 | 469 | 693 | - | - |
Borrowings on debt | |||||||||||
279,500 | 102,024 | 0 | - | - | - | 490,000 | - | - | - | - | 380,000 |
Repayments of debt | |||||||||||
279,500 | 106,036 | 470 | 2,721 | 870 | 0 | - | - | - | - | - | - |
Repayments of finance leases | |||||||||||
7,157 | 7,339 | 6,516 | 8,435 | 9,981 | 9,137 | 7,039 | 5,890 | 2,938 | 1,780 | 162,708 | 218,333 |
Net cash provided by (used in) financing activities | |||||||||||
33,189 | -14,884 | -5,248 | -12,021 | -17,143 | 36,504 | 474,949 | -26,457 | -7,215 | 45,907 | -38,854 | 329,619 |
Effect of exchange rates on cash | |||||||||||
875 | -1,515 | 1,095 | -74 | -5,152 | -3,783 | -4,905 | - | - | - | - | - |
Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents | |||||||||||
35,063 | -158,725 | 15,162 | 15,769 | -54,456 | -2,510 | 21,191 | -75,479 | -17,143 | 178,928 | 68,208 | -336,653 |
Supplemental disclosure of cash flow information: | |||||||||||
Common stock contributed to pension plans | |||||||||||
3,600 | 7,595 | 0 | - | - | - | - | - | - | - | - | - |
Common stock issued for 401(k) match | |||||||||||
3,862 | 3,705 | 3,549 | - | - | - | - | - | - | - | - | - |
Stock issued for acquisition of assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 26,693 |
Capital leases acquired | |||||||||||
- | - | - | 2,297 | 5,090 | 9,475 | 12,344 | 13,119 | 6,935 | 3,212 | 5,682 | - |
Income tax receipts (payments) | |||||||||||
- | - | - | - | - | - | - | 4,483 | -17,874 | 11,075 | 1,025 | 546 |
Common stock contributed to pension plans | |||||||||||
- | - | - | 7,687 | 19,133 | 0 | 218,302 | - | 33,831 | - | - | - |
Increase to asset retirement obligations | |||||||||||
- | - | - | - | - | - | - | -3,738 | - | - | - | - |
Payment of accrued compensation in restricted stock units | |||||||||||
8,274 | 4,863 | 4,240 | 5,511 | 3,016 | 4,600 | - | - | - | - | - | - |
Common stock issued for prepayment of debt | |||||||||||
33,457 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Marketable equity securities received for sale of mineral interest | |||||||||||
2,300 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Cash received (paid) during year for: | |||||||||||
Cash paid for interest | |||||||||||
42,972 | 38,400 | 35,624 | 19,280 | 22,628 | 23,749 | -13,465 | -1,968 | -1,683 | 584 | 6,683 | 13,331 |
Significant non-cash investing and financing activities: | |||||||||||
Common stock and warrants issued for acquisition of other companies | |||||||||||
-325 | 252,544 | 0 | 48,109 | - | - | - | - | - | - | - | - |
Addition of finance lease obligations | |||||||||||
6,506 | 7,008 | 6,439 | - | - | - | - | - | - | - | - | - |
Recognition of operating lease liabilities and right-of-use assets | |||||||||||
22,365 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Income tax (payments) receipts | |||||||||||
-3,385 | 115 | -23,128 | 6,333 | -4,186 | -7,124 | -1,402 | - | - | - | - | - |
Senior notes contributed to pension plan, par value | |||||||||||
- | - | - | - | - | 6,500 | - | - | - | - | - | - |
Stock issued for acquisition of 70.3% of Greens Creek | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 53,384 |
Equity securities received from dispositions of assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | 299 | - |
Accounts payable change relating to capital additions | |||||||||||
- | - | - | - | - | - | - | - | 8,687 | 3,488 | -4,190 | 3,739 |