Hecla mining co/de/ (HL)
Income statement / 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'10Sep'09Jun'09
Sales of products

136,925

224,945

161,532

134,172

152,617

136,520

143,649

147,259

139,709

160,113

140,839

134,279

142,544

164,245

179,393

171,302

131,017

115,337

104,941

104,197

119,092

121,985

135,507

117,502

125,787

114,180

106,629

85,330

76,450

81,100

81,871

67,019

91,153

102,867

120,543

117,860

136,364

134,460

115,847

88,631

79,875

95,181

74,610

Cost of sales and other direct production costs

85,887

139,147

95,878

104,938

110,386

107,076

93,609

80,440

72,869

80,190

68,358

77,503

78,676

90,523

90,529

82,953

74,320

19,153

79,273

94,733

99,219

-11,356

113,484

98,774

103,544

99,449

85,943

80,219

50,832

47,063

44,562

43,051

42,951

53,041

52,738

50,069

56,791

59,767

61,323

50,565

52,339

57,065

57,453

Depreciation, depletion and amortization

39,666

60,480

50,774

49,477

38,787

30,709

43,464

31,817

28,054

36,560

29,518

25,569

28,952

37,680

30,179

29,897

25,875

32,029

28,229

27,166

25,254

30,792

26,804

27,735

25,803

27,903

19,006

20,211

14,007

12,381

11,601

9,879

9,661

12,501

11,099

11,204

12,262

13,956

14,966

15,020

16,069

15,986

15,927

Total cost of sales

125,553

199,627

146,652

154,415

149,173

137,785

137,073

112,257

100,923

116,750

97,876

103,072

107,628

128,203

120,708

112,850

100,195

156,022

107,502

67,567

73,965

68,986

86,680

71,039

77,741

71,546

66,937

60,008

36,825

34,682

32,961

33,172

33,290

40,540

41,639

38,865

44,529

45,811

46,357

35,545

36,270

41,079

41,526

Gross profit

11,372

25,318

14,880

-20,243

3,444

-1,265

6,576

35,002

38,786

43,363

42,963

31,207

34,916

36,042

58,685

58,452

30,822

11,735

-2,561

9,464

19,873

22,207

22,023

18,728

22,243

14,731

20,686

5,111

25,618

34,037

37,309

23,968

48,202

49,826

67,805

67,791

79,573

74,693

54,524

38,066

27,536

38,116

17,157

Other operating expenses:
General and administrative

8,939

8,977

7,978

8,918

9,959

8,693

10,327

9,787

7,735

6,567

9,529

10,309

9,206

13,312

11,155

10,359

10,214

7,724

9,461

8,296

8,720

7,554

7,884

8,159

7,941

6,784

7,720

7,482

6,939

5,530

5,695

5,527

4,501

3,732

5,559

4,550

4,699

5,758

3,684

4,664

4,113

4,479

4,604

Exploration

2,530

2,363

4,808

4,346

4,402

8,086

12,411

7,838

7,360

5,888

7,255

5,853

4,514

4,549

3,859

3,362

2,950

2,998

5,540

4,592

4,615

4,611

5,797

3,140

4,150

4,991

5,797

6,221

6,493

7,343

11,722

7,146

5,611

7,947

9,872

5,839

3,301

5,439

6,917

5,820

3,429

2,737

1,236

Pre-development

535

615

881

798

856

1,272

1,195

1,415

1,005

1,387

1,757

1,052

1,252

1,662

550

521

404

378

1,696

1,618

521

722

391

437

419

1,401

3,444

4,512

4,791

5,670

5,409

3,471

3,366

-

1,752

-

-

-

-

-

-

-

-

Research and development

0

-79

53

158

403

399

1,269

2,337

1,436

1,151

1,130

312

683

243

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expense

915

1,362

437

657

587

-41

448

674

515

1,017

134

699

663

527

962

1,024

640

1,040

743

766

628

442

442

693

718

129

283

205

1,024

1,138

736

1,605

944

1,959

1,612

2,270

1,817

1,309

1,460

1,601

964

1,091

1,348

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

104

23

-24

-4,642

0

-

3,208

36

-

-

4,830

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Ramp-up and suspension costs

12,996

3,285

3,722

2,266

2,778

2,356

6,519

6,801

5,017

6,916

4,780

8,024

1,581

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lucky Friday suspension-related income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,840

1,498

-

6,114

6,465

6,166

-

-

-

-

-

-

-

-

-

-

Acquisition costs

5

52

183

397

13

389

6,139

1,010

2,507

0

0

-2

27

-

1,765

-

-

-

15

2,147

-

-

-

-

-

29

768

20,308

5,292

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for closed operations and environmental matters

516

1,161

1,907

1,052

570

1,585

1,852

1,420

1,262

1,657

2,940

985

1,119

942

2,162

1,576

1,041

1,237

1,181

9,335

467

6,489

1,238

1,267

1,104

831

933

1,845

1,794

1,332

-1,093

2,235

2,178

1,864

5,521

1,341

1,021

195,409

962

1,389

3,376

510

1,029

Total other operating expense

26,332

17,713

19,993

23,234

19,568

23,190

36,952

31,246

26,837

23,371

22,695

27,232

19,045

22,026

20,445

16,842

15,249

13,781

18,636

26,754

14,951

19,793

15,752

13,696

14,332

14,031

18,945

37,733

27,831

27,852

28,583

26,449

22,766

18,196

24,316

14,000

10,838

-

13,023

-

-

8,811

8,217

Loss from operations

-14,960

7,605

-5,113

-43,477

-16,124

-24,455

-30,376

3,756

11,949

19,992

20,268

3,975

15,871

14,016

38,240

41,610

15,573

-2,046

-21,197

-17,290

4,922

2,414

6,271

5,032

7,911

700

1,741

-32,622

-2,213

6,185

8,726

-2,481

25,436

31,630

43,489

53,791

68,735

-

-

-

-

-

-

Other income (expense):
Gain (loss) on disposition of investments

-

-

927

-

-

-

-36

-

-

1

0

0

-167

-

0

0

0

-

-

-166

-

-

-

-

-

-

-

197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized (loss) gain on investments

-978

-1,230

-126

-1,129

96

-355

-2,207

-564

310

-174

-124

-276

327

-665

49

1,150

-711

-273

-100

-117

-2,843

-474

-2,830

-608

688

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on derivative contracts

7,893

-1,252

-4,718

3,798

-1,799

-18

19,460

16,804

4,007

-4,702

-11,226

2,487

-7,809

4,422

7

-6

0

0

3,347

-887

5,792

11,694

-411

-11,601

9,452

-5,537

-4,564

6,541

21,539

-

-9,053

-

-5,231

-

-

-

-

-

-

-

-

-

-

Net foreign exchange gain (loss)

6,636

-1,459

773

-4,381

-3,133

7,444

-2,212

2,476

2,592

1,362

-4,917

-3,883

-2,262

4,976

2,375

-1,885

-8,203

5,033

9,077

-1,833

12,274

5,484

7,299

-5,382

4,134

4,720

-1,473

-144

-144

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

-527

-1,022

-1,096

-1,187

-1,124

-613

-346

108

-56

507

541

319

325

161

145

113

88

743

100

35

38

78

32

97

79

-842

644

829

31

-

47

-

149

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,474

-11,882

6

-

Income from operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41,501

24,592

15,654

29,305

8,940

Net gain on sale of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

611

739

-302

739

-588

-

-

Loss on impairment of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,018

Gain (loss) on derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-40,382

-559

2,034

-

-13,195

-1,999

-

-

-

Interest and other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

-

-

-214

105

18

123

70

-16

-51

-26

-136

Debt-related fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

-464

Interest expense

16,311

14,670

11,777

11,335

10,665

10,925

10,146

10,079

9,794

9,589

9,358

10,543

8,522

5,141

5,574

5,370

5,711

6,039

6,617

6,541

6,192

6,468

6,505

6,962

6,840

7,183

7,348

6,454

704

864

591

505

467

491

411

1,496

477

2,913

505

-529

-678

-2,801

-2,750

Total other expense

-3,287

-19,673

-16,017

-14,234

-16,625

-4,455

4,513

8,745

-2,941

-12,575

-25,084

-11,896

-18,108

3,753

-2,998

-5,998

-14,537

-414

5,807

-9,509

9,069

10,314

-2,415

-24,456

7,513

-11,481

-12,741

969

20,722

-4,585

-9,597

5,698

-5,549

-1,546

39,757

-832

-1,882

-10,150

-13,630

747

39

2,761

6,096

Loss before income taxes

-18,247

-12,068

-21,130

-57,711

-32,749

-28,910

-25,863

12,501

9,008

7,417

-4,816

-7,921

-2,237

17,769

35,242

35,612

1,036

-2,460

-15,390

-26,799

13,991

12,728

3,856

-19,424

15,424

-10,781

-11,000

-31,653

18,509

1,600

-871

3,217

19,887

30,084

83,246

52,959

66,853

-143,374

27,871

25,339

15,615

26,544

2,844

Income tax benefit

-1,062

-4,092

-1,614

-11,179

-7,216

-5,217

-2,679

427

768

39,069

-5,130

16,095

-29,071

5,487

9,453

11,496

1,654

60,503

-5,500

-132

1,439

-4,178

180

-5,025

3,783

-7,873

-2,542

-6,795

7,415

857

14

693

7,315

11,515

27,325

19,642

23,496

-133,638

8,080

8,255

-6,229

598

345

Net loss

-17,185

-7,976

-19,516

-46,532

-25,533

-23,693

-23,184

12,074

8,240

-31,652

314

-24,016

26,834

12,282

25,789

24,116

-618

-62,963

-9,890

-26,667

12,552

16,906

3,676

-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

-

-

-

-

-

-

Preferred stock dividends

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

138

3,408

3,408

3,409

3,408

3,408

3,409

Loss applicable to common stockholders

-17,323

-8,114

-19,654

-46,670

-25,671

-23,831

-23,322

11,936

8,102

-31,790

176

-24,154

26,696

12,144

25,651

23,978

-756

-63,101

-10,028

-26,805

12,414

16,768

3,538

-14,537

11,503

-3,046

-8,596

-24,996

10,956

605

-1,023

2,386

12,434

18,431

55,783

33,179

43,219

-13,144

16,383

13,675

18,436

22,538

-910

Comprehensive loss:
Net loss

-17,185

-7,976

-19,516

-46,532

-25,533

-23,693

-23,184

12,074

8,240

-31,652

314

-24,016

26,834

12,282

25,789

24,116

-618

-62,963

-9,890

-26,667

12,552

16,906

3,676

-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

25,946

2,499

Unrealized loss and amortization of prior service on pension plans

-

-

-

-

-

-

-

-

-

-1,326

-16

-16

32

676

0

0

0

-

-

-

-

-

-

-1,192

-

-

3,366

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative contracts designated as hedge transactions

-19,335

3,925

-3,288

3,540

4,259

-10,281

3,743

-5,203

-2,073

-1,778

6,760

2,047

3,261

-3,704

-1,602

46

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

6,171

-

-

-

-

-

-

-

-

-

941

-624

Unrealized holding (losses) gains on investments

-

-

0

0

-

-2,456

3

41

-31

615

892

847

-256

-632

987

1,193

65

-140

-391

-1,321

-891

-1,487

-149

-996

1,350

-1,794

-877

-1,747

-2,831

-2,227

3,085

-586

-219

146

-798

-1,082

967

696

183

-510

-390

1,687

-230

Reclassification of disposition or impairment of investments included in net loss

-

-

-

-

-

-

-

-

-

0

0

0

-167

0

0

0

-1,000

0

0

-166

-2,827

-

-2,425

-

-

-

-

197

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification of impairment of investments included in net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

751

0

0

-611

1,478

-588

-739

588

-

-3,018

Other comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,841

-8,458

-24,858

11,094

-

-885

-

12,572

-

-

-

-

-

-

-

-

-

-

Comprehensive loss

-36,520

-7,328

-22,804

-42,992

-21,274

-37,980

-19,438

6,912

6,136

-34,141

7,950

-21,138

30,038

8,622

25,174

25,355

447

-63,953

-10,281

-27,822

14,488

9,736

5,952

-16,587

12,991

-3,003

-5,969

-26,802

8,263

-1,957

2,200

1,938

12,353

11,712

55,123

32,235

43,713

-10,105

19,974

17,313

20,866

28,574

5,911

Basic loss per common share after preferred dividends (in dollars per share)

-0.03

-0.01

-0.04

-0.10

-0.05

-0.06

-0.05

0.03

0.02

-0.08

0.00

-0.06

0.07

0.03

0.07

0.06

0.00

-0.16

-0.03

-0.07

0.03

0.05

0.01

-0.04

0.03

-0.01

-0.03

-0.08

0.04

0.00

0.00

0.01

0.04

0.06

0.20

0.12

0.16

-0.06

0.06

0.06

0.08

0.10

0.00

Diluted loss per common share after preferred dividends (in dollars per share)

-0.03

-0.01

-0.04

-0.10

-0.05

-0.06

-0.05

0.03

0.02

-0.08

0.00

-0.06

0.07

0.03

0.07

0.06

0.00

-0.16

-0.03

-0.07

0.03

0.05

0.01

-0.04

0.03

-0.01

-0.03

-0.08

0.04

0.00

0.00

0.01

0.04

0.06

0.19

0.11

0.15

-0.05

0.06

0.05

0.07

0.09

0.00

Weighted average number of common shares outstanding - basic (in shares)

523,215

502,931

489,971

486,065

482,829

481,099

452,636

400,619

399,322

399,180

398,848

396,178

395,370

773,916

387,578

383,790

379

378,224

377,508

371,295

368,789

367,414

359,472

344,216

342,666

343,341

342,638

303,566

285,171

285,404

285,492

285,312

285,292

286,488

279,541

279,347

278,448

257,901

256,095

248,549

242,039

236,379

222,417

Weighted average number of common shares outstanding - diluted (in shares)

523,215

502,931

489,971

486,065

482,829

475,507

452,636

403,610

401,923

393,991

401,258

396,178

398,149

779,478

389,918

387,512

379

377,322

377,508

371,295

369,691

373,244

362,262

344,216

350,018

331,348

342,638

303,566

297,164

312,684

285,492

295,160

296,928

301,132

295,000

295,756

296,244

280,291

270,508

266,374

261,231

244,337

222,417

Cash dividends per common share (in dollars per share)

0.00

-

0.00

0.00

0.00

-

0.00

0.00

-

-

0.00

0.00

-

-

0.00

0.00

-

-

0.00

0.00

-

-

0.00

0.00

-

-

0.00

0.00

-

-

0.00

0.02

-

-

0.00

-

-

-

-

-

-

-

-