Royal gold, inc (RGLD)
Income statement / TTM
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'10Dec'09Sep'09
Revenue

494,548

467,889

441,838

423,056

423,597

429,802

446,558

459,042

451,741

442,730

435,343

440,814

426,009

412,524

403,681

359,790

339,240

319,863

283,049

278,019

274,582

258,220

249,701

237,162

224,346

240,764

267,849

289,224

292,007

287,479

276,451

263,054

262,214

248,122

235,596

216,469

197,869

177,366

155,790

136,565

0

0

0

Costs and expenses
Cost of sales (excludes depreciation, depletion and amortization)

86,920

84,034

81,119

77,535

75,976

78,246

79,947

83,839

81,309

82,383

85,022

87,265

86,603

82,105

82,175

70,979

61,957

54,578

38,242

33,450

25,392

15,785

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

General and administrative

29,999

27,246

28,004

30,488

35,058

36,360

38,492

35,464

34,457

31,759

29,742

33,350

32,137

34,414

32,717

31,720

26,705

24,571

27,241

24,873

27,291

25,612

21,762

21,186

19,831

23,128

24,355

24,027

24,150

21,418

20,587

20,647

21,042

21,841

22,359

21,106

26,709

24,923

22,320

19,470

0

0

0

Production taxes

3,839

3,994

3,919

4,112

3,907

3,324

3,017

2,268

1,997

1,963

1,806

1,760

1,763

2,332

2,883

3,978

4,636

4,613

5,348

5,446

6,003

6,791

6,663

6,756

7,022

7,721

8,315

9,010

8,852

9,023

9,772

9,444

10,438

10,446

10,631

9,039

0

0

0

-

-

-

-

Exploration costs

6,329

6,094

5,422

7,158

9,383

9,589

10,105

8,946

9,547

11,658

12,776

12,861

10,876

10,080

8,733

8,601

6,291

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploration and business development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Depreciation, depletion and amortization

172,368

160,508

159,219

163,056

163,043

163,354

166,555

163,696

161,230

161,715

159,226

159,636

155,176

153,175

154,063

141,108

131,930

118,550

98,421

93,486

91,940

88,762

91,154

91,342

87,426

87,470

85,920

85,020

80,909

78,981

79,280

75,001

74,991

71,108

65,695

67,399

68,381

65,545

61,640

53,793

0

0

0

Impairment of royalty interests

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

0

-

-

31,335

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total costs and expenses

299,455

281,876

277,683

282,349

287,367

530,237

537,480

533,577

527,904

289,478

288,572

294,872

286,170

380,694

379,159

354,974

335,372

211,787

204,168

190,784

183,463

170,637

137,180

128,442

117,154

119,254

118,590

118,057

113,911

109,422

109,639

106,420

107,799

104,723

100,013

97,544

97,267

109,872

104,699

95,530

0

0

0

Restructuring on royalty interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,328

0

0

0

-

-

-

-

-

-

-

-

Severance and acquisition related costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Operating income

195,093

186,013

164,155

140,707

136,230

-100,435

-90,922

-74,535

-76,163

153,252

146,771

145,942

139,839

31,830

24,522

4,816

3,868

108,076

78,881

87,235

91,119

87,583

112,521

108,720

107,192

121,510

149,259

171,167

178,096

178,057

166,812

156,634

154,415

143,399

135,583

118,925

100,602

67,494

51,091

41,035

0

0

0

Fair value changes in equity securities

-8,454

-2,854

-6,707

-6,800

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other income

2,852

2,731

2,992

2,320

1,844

3,126

3,284

4,170

2,346

1,891

8,734

9,302

10,371

12,105

5,003

3,711

3,880

1,255

1,097

883

565

1,967

1,907

2,050

4,833

3,125

2,986

2,902

306

653

1,113

3,836

4,421

4,701

6,497

5,088

8,667

8,166

6,031

6,360

0

0

0

Interest and other expense

14,003

19,414

24,607

29,650

31,055

31,850

33,474

34,214

34,941

35,901

36,690

36,378

35,132

34,640

33,716

32,625

31,063

28,734

26,193

25,691

25,053

24,610

24,247

23,344

23,996

23,763

24,588

24,780

21,089

16,884

11,673

7,451

6,592

7,026

7,214

7,740

8,166

7,390

5,759

3,809

0

0

0

Income before income taxes

175,488

166,476

135,833

106,577

103,701

-134,258

-122,580

-104,579

-108,758

119,242

118,815

118,866

117,418

11,635

-1,851

-21,758

-23,498

80,414

53,602

62,244

62,132

60,441

85,682

82,927

88,029

88,751

115,536

137,168

145,192

161,826

156,252

153,019

152,244

141,074

134,866

116,273

101,103

68,270

51,363

43,586

0

0

0

Income tax (expense) benefit

2,444

3,130

-10,142

17,498

16,082

-39,165

11,343

14,772

17,762

70,113

26,797

26,441

23,749

8,995

8,691

60,680

62,048

71,351

64,784

9,566

7,495

10,434

18,572

19,455

27,830

42,136

52,140

63,759

64,476

61,054

58,790

54,710

51,630

47,105

44,428

38,974

32,199

24,602

18,061

14,164

0

0

0

Net income

173,044

163,346

145,975

89,079

87,619

-95,093

-133,923

-119,351

-126,520

49,129

92,018

92,425

93,669

2,640

-10,542

-82,438

-85,546

9,063

-11,182

52,678

54,637

50,007

67,110

63,472

60,199

46,615

63,396

73,409

80,716

100,772

97,462

98,309

100,614

93,969

90,438

77,299

68,904

43,668

33,302

29,422

0

0

0

Unrealized change in market value of available-for-sale securities

-

-

-

-

-

-

-

-2,080

-499

989

0

-

0

0

-

5,632

5,218

667

-2,401

-3,292

-1,672

369

-2,569

-98

-10,344

-10,288

-8,441

-4,526

-2,056

1,919

-3,467

-13,817

-8,377

-12,325

-5,222

89

60

50

-1

45

0

0

0

Reclassification adjustment for gains included in net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net comprehensive income

173,044

163,346

145,975

89,079

86,398

-96,980

-136,200

-121,431

-127,682

48,993

93,094

93,304

94,297

4,616

-6,801

-79,146

-80,843

9,890

-13,423

49,546

57,475

54,886

69,051

67,884

53,325

50,043

68,671

82,599

88,906

102,691

93,995

84,492

92,237

81,644

85,216

77,388

68,964

43,718

33,301

29,467

0

0

0

Net loss attributable to non-controlling interests

-3,743

-3,659

-3,295

-4,746

-6,397

-6,687

-7,166

-6,217

-6,756

-8,418

-8,356

-9,105

-8,280

-7,992

-8,226

-5,289

-2,777

-838

579

713

855

1,096

984

831

3,493

3,588

3,819

4,256

1,693

2,214

2,710

5,833

7,022

6,811

8,379

5,904

8,691

8,774

7,105

7,930

0

0

0

Net income attributable to Royal Gold common stockholders

176,787

167,005

149,270

93,825

94,016

-88,406

-126,757

-113,134

-119,764

57,547

100,374

101,530

101,949

10,632

-2,316

-77,149

-82,769

9,901

-11,761

51,965

53,782

48,911

66,126

62,641

56,706

43,027

59,577

69,153

79,023

98,558

94,752

92,476

93,592

87,158

82,059

71,395

60,213

34,894

26,197

21,492

0

0

0

Comprehensive loss attributable to non-controlling interests

-

-

-3,295

-

-

-

-7,166

-6,217

-6,756

-8,418

-8,356

-9,105

-8,280

-7,992

-8,226

-5,289

-2,777

-838

579

713

855

1,096

984

831

3,493

3,588

3,819

4,256

1,693

2,214

2,710

5,833

7,022

6,811

8,379

5,904

8,691

8,774

7,105

7,930

0

0

0

Net comprehensive income available to Royal Gold common stockholders

176,787

167,005

149,270

93,825

92,795

-90,293

-129,034

-115,214

-120,926

57,411

101,450

102,409

102,577

12,608

1,425

-73,857

-78,066

10,728

-14,002

48,833

56,620

53,790

68,067

67,053

49,832

46,455

64,852

78,343

87,213

100,477

91,285

78,659

85,215

74,833

76,837

71,484

60,273

34,944

26,196

21,537

0

0

0

Net income per share available to Royal Gold common stockholders:
Basic earnings per share (in dollars per share)

0.59

0.63

1.07

0.40

0.44

0.36

0.23

0.41

-2.35

-0.23

0.44

0.30

0.36

0.43

0.46

0.32

-1.04

0.23

-0.69

0.23

0.38

-0.10

0.29

0.26

0.31

0.16

0.23

0.15

0.10

0.42

0.42

0.34

0.44

0.42

0.41

0.38

0.36

0.33

0.22

-

-0.13

0.24

-

Basic weighted average shares outstanding (in shares)

65,511

65,495

65,465

65,409

65,398

65,395

65,374

65,317

65,307

65,306

65,235

65,175

65,169

65,149

65,116

65,090

65,085

65,073

65,048

65,032

65,033

65,002

64,962

64,916

64,963

64,897

64,858

64,785

64,837

63,941

59,435

59,413

58,953

55,329

55,183

55,106

55,076

55,043

54,986

48,504

44,976

40,578

40,502

Diluted earnings per share (in dollars per share)

0.59

0.63

1.07

0.40

0.44

0.36

0.23

0.41

-2.35

-0.23

0.44

0.30

0.36

0.43

0.46

0.32

-1.04

0.23

-0.69

0.23

0.38

-0.10

0.29

0.26

0.31

0.16

0.23

0.16

0.10

0.42

0.41

0.35

0.44

0.42

0.40

0.40

0.35

0.33

0.21

-

-0.13

0.23

-

Diluted weighted average shares outstanding (in shares)

65,600

65,611

65,615

65,536

65,515

65,473

65,497

65,148

65,307

65,306

65,404

65,302

65,274

65,253

65,280

65,042

65,085

65,121

65,048

65,261

65,129

65,002

65,107

65,050

65,082

64,990

64,980

64,907

64,994

64,137

59,679

59,619

59,169

55,574

55,491

55,397

55,337

55,308

55,250

49,122

44,976

40,962

40,861

Cash dividends declared per common share (in dollars per share)

0.28

0.28

0.26

0.27

0.26

0.26

0.25

0.25

0.25

0.25

0.24

0.24

0.24

0.24

0.23

0.23

0.23

0.23

0.22

0.22

0.22

0.22

0.21

0.21

0.21

0.21

0.20

0.20

0.20

0.20

0.15

0.15

0.15

0.15

0.11

0.11

0.11

0.11

0.09

-

0.09

0.09

-