Hecla mining co/de/ (HL)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Operating activities:
Net loss

-17,185

-7,976

-19,516

-46,532

-25,533

-23,693

-23,184

12,074

8,240

-28,967

-2,371

-24,016

26,834

12,284

25,787

24,116

-618

-62,963

-9,890

-26,667

12,552

16,905

3,677

-14,399

11,641

-2,908

-8,458

-24,858

11,094

743

-885

2,524

12,572

18,569

55,921

33,317

43,357

-9,736

19,791

17,084

21,844

Non-cash elements included in net loss:
Depreciation, depletion and amortization

41,630

61,435

52,219

50,554

40,267

32,091

45,962

33,362

29,490

35,212

34,347

27,318

29,590

41,018

26,932

30,815

26,153

31,110

28,509

27,443

25,523

31,057

27,071

27,991

26,054

27,087

20,445

20,123

14,711

14,071

13,243

11,530

11,269

12,579

11,172

11,270

12,327

14,045

15,013

15,070

16,107

Loss on disposition of investments

-

-

-

-

-

-

-

-

-

1

-50

50

-167

-

-439

439

0

-

-

-200

-2,843

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

611

0

0

0

588

Unrealized loss on investments

-978

3,545

-126

-1,129

96

5,277

-2,207

-564

310

-

-

-

327

-

-

-

-711

-

-

-

-

-

-

-

688

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustment of inventory to market value

0

0

0

0

1,399

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposition of properties, plants, equipment, and mineral interests

104

23

-24

-4,642

0

-581

3,208

37

129

1,118

4,830

62

32

-172

8

101

210

-229

15

-116

-74

-24

93

231

-275

-50

0

0

125

84

-1,019

632

28

-

-

-

-

-

-

-

-

Provision for reclamation and closure costs

1,548

1,616

2,089

1,615

1,594

2,133

1,317

1,317

1,323

1,129

1,132

1,221

1,026

1,128

1,680

1,006

999

1,008

772

9,478

778

6,569

936

1,777

933

87

511

599

591

-2,831

1,029

1,481

1,427

6,172

276

277

279

193,478

282

282

2,220

Stock compensation

1,219

910

1,206

1,972

1,580

1,606

2,231

1,352

1,089

1,380

2,112

1,482

1,349

1,370

1,347

2,236

1,231

1,389

1,775

1,201

1,060

1,139

1,265

1,496

1,065

1,208

1,383

1,072

798

805

801

937

558

576

577

543

377

110

863

2,140

333

Deferred income taxes

3,252

6,771

4,031

14,292

8,293

5,062

1,660

2,539

438

-42,859

1,354

879

21,234

7,556

322

-7,332

-3,320

-56,759

1,076

1,260

-555

-7,754

-981

3,989

2,851

4,589

-306

5,600

-3,990

-2,569

-1,674

871

2,826

-137,734

22,471

15,184

23,135

-143,777

1,802

6,612

-6,344

Amortization of loan origination fees and loss on extinguishment of debt

2,140

718

667

627

625

606

573

449

449

449

448

487

480

474

471

467

459

456

455

456

454

480

568

616

519

530

508

262

135

136

123

101

100

100

166

166

166

-

-

-

-

(Gain) loss on derivative contracts

10,437

211

-11,925

9,787

-3,686

158

-15,028

21,142

9,094

-4,023

-11,332

1,957

-7,343

5,831

5,082

-5,249

-170

-2,069

-1,749

-10,782

2,970

13,344

-227

-15,078

8,847

-14,251

-5,939

1,908

19,620

-4,879

-15,372

2,764

-12,140

-2,967

47,314

4,012

5,186

-

-

-

-

Foreign exchange (gain) loss

8,066

-1,762

5,954

-6,667

-5,550

5,072

-3,316

1,949

3,399

312

-5,319

-4,695

-506

3,095

2,166

-1,732

-7,989

2,515

7,894

-1,818

11,490

4,550

5,877

-4,633

4,688

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-cash items, net

0

-45

3

-1

-2

29

2

37

-2

-53

3

0

-2

179

12

-11

-6

-10

20

1

24

1,772

72

-1,678

692

194

467

-14

-11

864

297

334

270

277

541

67

324

-1,185

362

-118

446

Change in assets and liabilities:
Accounts receivable

-9,955

724

-2,557

7,709

5,063

-14,267

6,895

-9,737

7,266

7,317

-6,053

-7,588

8,738

1,543

-21,686

-4,126

20,036

3,883

5,420

-10,679

8,210

7,861

-2,554

-7,011

-1,387

-13,398

23,828

-4,409

-4,708

-4,795

-7,330

24,852

-8,014

-8,786

-16,027

-5,113

13,395

31,789

-26,408

16,264

-12,241

Inventories

6,602

-22,647

6,354

3,318

-3,171

8,558

12,089

103

6,762

-5,867

11,205

-4,952

3,358

5,653

-5,758

-120

5,922

5,236

-7,799

7,366

-3,949

6,006

-9,543

7,087

-4,669

4,584

5,524

-8,709

5,108

3,467

1,988

-1,065

-1,948

456

3,752

4,166

-1,310

-1,823

-3,719

2,344

863

Other current and non-current assets

2,642

-705

1,871

-15,660

-1,124

-3,843

3,062

-664

3,171

8,910

6,581

-2,533

-1,363

-14,961

807

-887

619

-7,974

2,875

2,266

1,638

-517

2,714

-694

-923

-4,074

5,047

-3,872

-382

-1,027

2,173

-1,207

-549

-1,791

2,179

-869

-1,683

-4,305

-1,491

3,785

-1,268

Accounts payable and accrued liabilities

-11,879

-29,971

17,701

-2,589

-9,496

5,487

3,607

-5,255

13,956

-8,675

3,178

-9,427

-1,510

-8,581

5,862

-13,856

10,036

-8,197

8,196

-8,247

4,037

-15,251

12,638

-11,668

-5,416

-19,501

2,784

8,502

-2,712

366

4,172

5,969

-5,580

-15,767

4,415

11,775

1,043

27,433

-5,082

-10,296

-1,159

Accrued payroll and related benefits

9,495

4,720

2,846

-5,552

7,212

1,782

-3,870

3,590

-3,927

3,005

3,988

-11,782

6,881

9,084

5,486

5,961

-2,826

5,104

1,418

5,919

-5,116

6,217

1,136

6,348

2,721

820

1,296

-6,623

5,046

636

942

174

-3,870

1,509

1,026

743

-1,188

-8,583

-2,125

805

6,527

Accrued taxes

1,332

2,578

719

-7,689

1,237

-200

1,517

-890

218

2,235

-8,877

2,654

1,754

3,157

1,697

-4,554

-37

1,871

4,720

-1,675

-263

-2,071

-4,123

-2,174

4,756

5,683

-2,940

-5,021

-2,497

2,578

6,007

-9,508

2,890

588

88

-5,031

-1,333

14,169

-5,623

2,198

-942

Accrued reclamation and closure costs and other non-current liabilities

3,203

-1,711

-1,473

-3,284

-1,064

1,961

828

522

3,888

-673

4,517

-2,452

3,811

472

2,332

-2,993

2,058

-416

1,465

-10,142

743

-2,247

48,872

-1,540

2,762

16,983

-8,001

4,414

22

38,936

-3,001

57

-3,659

-172,032

1,278

200

-1,378

-10,845

17

5,221

133

Cash provided by operating activities

4,927

57,257

54,896

-11,317

20,030

19,011

28,192

30,635

16,383

41,763

28,294

7,536

38,285

52,214

86,976

67,390

18,748

27,477

26,795

30,754

21,419

24,356

1,739

26,646

30,383

21,564

-5,195

-1,085

11,360

2,528

35,248

-10,186

41,426

-118,047

60,721

66,307

60,910

82,336

40,682

56,996

17,795

Investing activities:
Additions to properties, plants, equipment and mineral interests

19,870

24,083

26,093

38,174

33,071

53,648

39,981

25,669

17,635

27,648

24,426

24,306

21,658

44,552

43,276

42,306

34,654

42,044

37,127

31,314

26,958

31,840

33,236

30,594

26,867

37,930

52,515

34,538

25,753

31,778

29,783

26,883

24,652

23,165

23,801

18,749

21,831

18,689

20,861

21,132

6,732

Proceeds from sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,732

0

0

-1,366

-2,276

0

0

1,138

Proceeds from disposition of properties, plants and equipment

154

97

61

24

1

1,689

259

312

151

223

9

81

61

0

31

102

215

302

124

128

25

-

-

-

-

334

0

0

126

142

628

81

35

0

0

1

112

-

-

-

-

Redemptions of restricted cash and investment balances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

0

9,383

5

-

-

-

-

Purchases of investments

-

-

-

-

-

0

289

500

31,182

19,697

13,636

12,167

11,113

16,096

16,759

16,088

0

0

0

0

947

-

-

-

-

263

0

3,176

2,562

-

-

-

-

-

0

0

3,200

-

-

-

-

Maturities of investments

-

-

-

-

-

0

5,559

28,835

30,501

18,800

16,813

10,722

3,634

11,409

6,400

840

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Addition to restricted cash for environmental matters

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,900

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in restricted cash and investment balances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-6,819

2,485

-

91

-67

12

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-19,716

-23,986

-24,554

-38,257

-33,070

-51,959

-169,401

2,978

-18,165

-26,205

-15,612

-25,670

-29,076

-44,138

-57,535

-57,452

-38,339

-41,728

-37,003

-31,995

-27,880

-31,859

-33,607

-23,537

-29,352

-37,698

-52,605

-356,993

-28,201

-34,203

-32,416

-26,802

-24,617

-23,105

-23,801

-9,365

-23,548

-18,677

-20,861

-19,656

-5,594

Financing activities:
Proceeds from issuance of common stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

6,069

2,052

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

678

270

99

4,739

-

-

-

-

Dividends paid to common stockholders

1,304

1,259

1,225

1,221

1,209

1,200

1,193

1,002

998

998

997

992

989

985

968

962

952

943

946

926

924

918

914

858

857

11,125

-857

-712

-3,565

27,821

-20,686

13,552

-3,566

-

-

-

-

0

3,271

3,276

16,344

Dividends paid to preferred stockholders

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

138

3,408

3,408

139

138

828

Credit facility fees paid

458

389

541

7

39

-

-

-

-

0

385

0

91

20

24

24

59

4

0

60

63

233

128

109

468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan origination fees paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-268

148

148

172

Proceeds from exercise of stock options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

44,896

666

Acquisition of treasury shares from employee equity awards

-

-

-

-

-

0

0

1,469

1,225

-125

519

1,743

731

77

979

2,128

1,256

-1

934

0

941

-

-

-

-

0

0

0

286

-

-

-

-

0

0

451

18

-

-

-

-

Borrowings on debt

679,500

34,500

75,000

112,000

58,000

24,000

47,000

0

31,024

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of debt

506,500

84,500

77,000

60,000

58,000

-

-

-

-

0

0

0

470

914

468

675

664

654

216

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of finance leases

1,284

1,673

2,107

2,116

1,261

1,347

2,230

2,440

1,322

1,451

1,820

1,650

1,595

2,107

1,972

2,238

2,118

2,148

2,893

2,593

2,347

2,244

2,368

2,122

2,403

1,868

1,746

1,885

1,540

1,329

2,069

1,428

1,064

896

745

678

619

553

483

369

375

Net cash provided by (used in) financing activities

169,816

-4,432

-6,606

46,874

-2,647

796

-37,969

-5,052

27,341

-2,462

-3,859

5,087

-4,014

-4,241

-4,549

-96

-3,135

-3,886

-5,127

-3,717

-4,413

-3,533

34,519

9,384

-3,866

-2,802

-2,559

485,839

-5,529

-9,535

-3,965

-8,189

-4,768

-6,128

-613

-1,168

694

3,370

-622

43,696

-537

Effect of exchange rates on cash

-1,736

618

-175

337

95

-1,300

317

-1,408

876

44

-35

-728

1,814

-701

-661

-247

1,535

-1,108

-1,785

301

-2,560

-1,659

-2,374

1,948

-1,698

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash and cash equivalents

153,291

29,457

23,561

-2,363

-15,592

-33,452

-178,861

27,153

26,435

13,140

8,788

-13,775

7,009

3,134

24,231

9,595

-21,191

-19,245

-17,120

-4,657

-13,434

-12,695

277

14,441

-4,533

-25,661

-58,539

127,761

-22,370

-41,210

-1,133

-45,177

12,041

-147,280

36,307

55,774

38,056

67,029

19,199

81,036

11,664

Supplemental disclosure of cash flow information:
Capital leases acquired

-

-

-

-

-

-

-

-

-

-

1,794

2,847

1,798

0

666

1,631

0

744

1,977

770

1,599

6,025

1,257

-1

2,194

4,670

949

0

6,725

4,011

3,280

1,411

4,417

3,582

810

1,478

1,065

-

-

-

-

Increase to asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of accrued compensation in restricted stock units

-

-

-

-

-

0

0

0

4,863

0

0

0

4,240

0

0

0

5,511

0

0

0

3,016

0

0

0

4,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received (paid) during year for:
Cash paid for interest

13,984

-

-

-

672

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Significant non-cash investing and financing activities:
Addition of finance lease obligations and right-of-use assets

0

-

-

-

3,498

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Addition of finance lease obligations

-

-

-

-

-

0

0

4,562

2,446

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recognition of operating lease liabilities and right-of-use assets

0

0

0

0

22,365

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable change relating to capital additions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

727

-1,506

-2,126

1,966

3,948

6,261

-3,488

3,693

1,232

-2,955

1,518