Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Financial information relating to the reporting segments

Financial information relating to the Company’s segments is as follows (in thousands):

Three months ended September 30, 2012	Palmarejo Mine			San Bartolomé Mine			Kensington Mine			Rochester Mine			Martha Mine			Endeavor Mine			Other			Total
Sales of metals	$	102,642		$	46,192		$	36,450		$	36,244		$	4,933		$	4,132		$	—		$	230,593
Productions costs applicable to sales	(48,672		)	(19,937		)	(26,881		)	(21,014		)	(6,481		)	(1,982		)	—			(124,967		)
Depreciation and depletion	(34,007		)	(4,163		)	(11,512		)	(2,061		)	(32		)	(898		)	(171		)	(52,844		)
Gross profit (loss)	19,963			22,092			(1,943		)	13,169			(1,580		)	1,252			(171		)	52,782
Exploration expense	2,288			50			1,476			1,158			1,217			—			768			6,957
Loss on impairment	—			—			—			—			1,293			—			—			1,293
Other operating expenses	—			50			39			1,109			133			—			9,212			10,543
OPERATING INCOME (LOSS)	17,675			21,992			(3,458		)	10,902			(4,223		)	1,252			(10,151		)	33,989
Interest and other income, net	4,914			8,353			—			59			(342		)	—			(320		)	12,664
Interest expense, net	(4,401		)	(11		)	(1,834		)	(6		)	(2		)	—			(1,097		)	(7,351		)
Fair value adjustments, net	(34,266		)	—			(4,283		)	—			—			—			901			(37,648		)
Income tax expense	5,495			(23,106		)	—			—			1,233			(202		)	(895		)	(17,475		)
Net income (loss)	$	(10,583	)	$	7,228		$	(9,575	)	$	10,955		$	(3,334	)	$	1,050		$	(11,562	)	$	(15,821	)
Segment assets (A)	$	1,926,695		$	299,041		$	520,619		$	104,066		$	11,339		$	32,619		$	18,613		$	2,912,992
Capital expenditures (B)	$	11,321		$	4,406		$	9,034		$	4,777		$	6		$	—		$	428		$	29,972

Three months ended September 30, 2011	Palmarejo Mine			San Bartolomé Mine			Kensington Mine			Rochester Mine			Martha Mine			Endeavor Mine			Other			Total
Sales of metals	$	166,875		$	102,820		$	44,185		$	17,453		$	6,037		$	6,205		$	—		$	343,575
Productions costs applicable to sales	(64,112		)	(30,085		)	(24,347		)	(11,356		)	(8,143		)	(3,210		)	—			(141,253		)
Depreciation and depletion	(41,182		)	(6,067		)	(9,567		)	(573		)	(237		)	(914		)	(112		)	(58,652		)
Gross profit (loss)	61,581			66,668			10,271			5,524			(2,343		)	2,081			(112		)	143,670
Exploration expense	2,200			61			308			242			1,477			—			484			4,772
Other operating expenses	225			111			88			3,158			150			(1		)	7,776			11,507
OPERATING INCOME (LOSS)	59,156			66,496			9,875			2,124			(3,970		)	2,082			(8,372		)	127,391
Interest and other income, net	(6,278		)	(227		)	1			7			(99		)	—			(14		)	(6,610		)
Interest expense, net	(5,270		)	(9		)	(1,115		)	(14		)	(35		)	—			(1,537		)	(7,980		)
Loss on debt extinguishment	—			—			—			—			—			—			(784		)	(784		)
Fair value adjustments, net	(26,464		)	—			(22,244		)	—			—			—			(4,643		)	(53,351		)
Income tax expense	(2,459		)	(25,063		)	(1		)	—			(173		)	107			(17		)	(27,606		)
Net income (loss)	$	18,685		$	41,197		$	(13,484	)	$	2,117		$	(4,277	)	$	2,189		$	(15,367	)	$	31,060
Segment assets (A)	$	2,050,108		$	265,488		$	515,335		$	55,734		$	19,537		$	37,546		$	17,693		$	2,961,441
Capital expenditures (B)	$	9,528		$	4,418		$	9,230		$	13,559		$	1,130		$	—		$	234		$	38,099

(A) Segment assets consist of receivables, prepaids, inventories, property, plant and equipment, and mining properties

(B) Balance represents cash flow amounts 

Nine months ended September 30, 2012	Palmarejo Mine			San Bartolomé Mine			Kensington Mine			Rochester Mine			Martha Mine			Endeavor Mine			Other			Total
Sales of metals	$	362,729		$	140,951		$	67,950		$	89,156		$	12,700		$	16,077		$	—		$	689,563
Productions costs applicable to sales	(157,070		)	(56,317		)	(60,078		)	(51,331		)	(17,276		)	(7,272		)	—			(349,344		)
Depreciation and depletion	(114,525		)	(12,452		)	(27,836		)	(5,763		)	(1,332		)	(4,134		)	(418		)	(166,460		)
Gross profit (loss)	91,134			72,182			(19,964		)	32,062			(5,908		)	4,671			(418		)	173,759
Exploration expense	5,232			51			1,971			3,003			7,391			—			2,181			19,829
Loss on impairment	—			—			—			—			6,106			—			—			6,106
Other operating expenses	—			80			75			3,142			411			—			24,366			28,074
OPERATING INCOME (LOSS)	85,902			72,051			(22,010		)	25,917			(19,816		)	4,671			(26,965		)	119,750
Interest and other income, net	4,774			9,079			1			347			(912		)	—			1,161			14,450
Interest expense, net	(14,883		)	(47		)	(3,627		)	(21		)	(3		)	—			(2,997		)	(21,578		)
Fair value adjustments, net	(45,771		)	—			(2,647		)	—			—			—			3,696			(44,722		)
Income tax expense	(10,015		)	(41,684		)	—			—			993			(202		)	(5,865		)	(56,773		)
Net income (loss)	$	20,007		$	39,399		$	(28,283	)	$	26,243		$	(19,738	)	$	4,469		$	(30,970	)	$	11,127
Segment assets (A)	$	1,926,695		$	299,041		$	520,619		$	104,066		$	11,339		$	32,619		$	18,613		$	2,912,992
Capital expenditures (B)	$	29,665		$	22,413		$	29,235		$	10,362		$	1,194		$	—		$	988		$	93,857

Nine months ended September 30, 2011	Palmarejo Mine			San Bartolomé Mine			Kensington Mine			Rochester Mine			Martha Mine			Endeavor Mine			Other			Total
Sales of metals	$	378,767		$	204,739		$	118,307		$	46,149		$	10,492		$	15,835		$	—		$	774,289
Productions costs applicable to sales	(139,251		)	(58,329		)	(70,111		)	(24,054		)	(11,502		)	(7,582		)	—			(310,829		)
Depreciation and depletion	(116,610		)	(16,392		)	(28,822		)	(1,671		)	(82		)	(2,398		)	(359		)	(166,334		)
Gross profit (loss)	122,906			130,018			19,374			20,424			(1,092		)	5,855			(359		)	297,126
Exploration expense	4,112			96			674			604			4,300			—			1,825			11,611
Other operating expenses	225			219			224			17,719			150			(1		)	21,707			40,243
OPERATING INCOME (LOSS)	118,569			129,703			18,476			2,101			(5,542		)	5,856			(23,891		)	245,272
Interest and other income, net	(4,450		)	560			4			58			(588		)	—			2,470			(1,946		)
Interest expense, net	(17,085		)	(45		)	(3,722		)	(14		)	(448		)	—			(5,239		)	(26,553		)
Loss on debt extinguishment	—			—			—			—			—			—			(1,640		)	(1,640		)
Fair value adjustments, net	(46,505		)	—			(20,568		)	—			—			—			(3,978		)	(71,051		)
Income tax expense	(12,521		)	(47,209		)	(21		)	—			(542		)	104			(1,758		)	(61,947		)
Net income (loss)	$	38,008		$	83,009		$	(5,831	)	$	2,145		$	(7,120	)	$	5,960		$	(34,036	)	$	82,135
Segment assets (A)	$	2,050,108		$	265,488		$	515,335		$	55,734		$	19,537		$	37,546		$	17,693		$	2,961,441
Capital expenditures (B)	$	24,887		$	11,230		$	21,964		$	19,428		$	1,954		$	—		$	317		$	79,780

(A) Segment assets consist of receivables, prepaids, inventories, property, plant and equipment, and mining properties

(B) Balance represents cash flow amounts 

Consolidated Assets

	September 30, 2012		December 31, 2011
Assets
Total assets for reportable segments	$	2,912,992	$	2,963,130
Cash and cash equivalents	142,915		175,012
Short term investments	657		20,254
Other assets	123,876		106,045
Total consolidated assets	$	3,180,440	$	3,264,441

Long Lived Assets by Country

Geographic Information

	September 30, 2012		December 31, 2011
Long Lived Assets:
United States	$	522,595	$	515,096
Australia	29,865		33,999
Chile	65		65
Argentina	1,772		5,213
Bolivia	241,890		230,956
Mexico	1,818,283		1,903,374
Total	$	2,614,470	$	2,688,703

Revenue by Country

	Three months ended September 30,				Nine months ended September 30,
	2012		2011		2012		2011
Revenues:
United States	$	72,694	$	61,638	$	157,106	$	164,456
Mexico	102,642		166,875		362,729		378,767
Bolivia	46,192		102,820		140,951		204,739
Australia	4,132		6,205		16,077		15,835
Argentina	4,933		6,037		12,700		10,492
Total	$	230,593	$	343,575	$	689,563	$	774,289