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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net (loss) income $ (4,933) $ 2,680
Adjustments to reconcile net (loss) income to net cash from operating activities:    
Deferred income taxes (4,598) 1,275
Depreciation and amortization 12,598 7,641
Stock-based compensation 870 1,214
Other operating adjustments (368) (293)
Changes in operating assets and liabilities:    
Accounts receivable 4,999 (3,886)
Inventories (2,274) (8,464)
Prepaid expenses and other current assets (437) 97
Other non-current assets (256) (2,012)
Accounts payable and other accrued liabilities (2,644) 6,183
Mining royalty and income taxes payable, net 159 (3,328)
Net cash provided by operating activities 3,116 1,107
Cash flows from investing activities:    
Capital expenditures (10,600) (21,438)
Other investing activities 4 1
Net cash used in investing activities (10,596) (21,437)
Cash flows from financing activities:    
Proceeds from the exercise of stock options   98
Proceeds from issuance of stock 11,900 21,807
Dividends paid (1,357) (617)
Repayment of loans payable (435) (385)
Repayment of finance leases 219 204
Net cash provided by financing activities 9,889 20,699
Effect of exchange rate changes on cash and cash equivalents (157) (192)
Net increase in cash and cash equivalents 2,252 177
Cash and cash equivalents at beginning of period 11,076 7,762
Cash and cash equivalents at end of period 13,328 7,939
Supplemental Cash Flow Information    
Interest expense paid 56 79
Income and mining taxes paid 1,066 2,897
Non-cash investing activities:    
Change in capital expenditures in accounts payable (3,120) (1,214)
Change in estimate for asset retirement costs $ 1,097 638
Equipment purchased through loan payable   330
Equipment purchased under finance leases   $ 56