XML 28 R67.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Reporting (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Financial information relating to reporting segments          
Sales of metal $ 230,593,000 $ 343,575,000 $ 689,563,000 $ 774,289,000  
Production costs applicable to sales (124,967,000) (141,253,000) (349,344,000) (310,829,000)  
Depreciation and depletion (52,844,000) (58,652,000) (166,460,000) (166,334,000)  
Gross profit (loss) 52,782,000 143,670,000 173,759,000 297,126,000  
Exploration expense 6,957,000 4,772,000 19,829,000 11,611,000  
Loss on impairment 1,293,000 0 6,106,000 0  
OPERATING INCOME 33,989,000 127,391,000 119,750,000 245,272,000  
Interest and other income 12,664,000 (6,610,000) 14,450,000 (1,946,000)  
Interest expense (7,351,000) (7,980,000) (21,578,000) (26,553,000)  
Fair value adjustments, net (37,648,000) (53,351,000) (44,722,000) (71,051,000)  
Income tax benefit (expense) (17,475,000) (27,606,000) (56,773,000) (61,947,000)  
Net income (15,821,000) 31,060,000 11,127,000 82,135,000  
Capital expenditures 29,972,000 38,099,000 93,857,000 79,780,000  
Assets 3,180,440,000   3,180,440,000   3,264,441,000
Palmarejo [Member]
         
Financial information relating to reporting segments          
Sales of metal 102,642,000 166,875,000 362,729,000 378,767,000  
Production costs applicable to sales (48,672,000) (64,112,000) (157,070,000) (139,251,000)  
Depreciation and depletion (34,007,000) (41,182,000) (114,525,000) (116,610,000)  
Gross profit (loss) 19,963,000 61,581,000 91,134,000 122,906,000  
Exploration expense 2,288,000 2,200,000 5,232,000 4,112,000  
Loss on impairment     0    
Other operating expenses 0 225,000 0 225,000  
OPERATING INCOME 17,675,000 59,156,000 85,902,000 118,569,000  
Interest and other income 4,914,000 (6,278,000) 4,774,000 (4,450,000)  
Interest expense (4,401,000) (5,270,000) (14,883,000) (17,085,000)  
Fair value adjustments, net (34,266,000) (26,464,000) (45,771,000) (46,505,000)  
Income tax benefit (expense) 5,495,000 (2,459,000) (10,015,000) (12,521,000)  
Net income (10,583,000) 18,685,000 20,007,000 38,008,000  
Capital expenditures 11,321,000 [1] 9,528,000 [1] 29,665,000 [1] 24,887,000 [1]  
Assets 1,926,695,000 [2] 2,050,108,000 [2] 1,926,695,000 [2] 2,050,108,000 [2]  
San Bartolome [Member]
         
Financial information relating to reporting segments          
Sales of metal 46,192,000 102,820,000 140,951,000 204,739,000  
Production costs applicable to sales (19,937,000) (30,085,000) (56,317,000) (58,329,000)  
Depreciation and depletion (4,163,000) (6,067,000) (12,452,000) (16,392,000)  
Gross profit (loss) 22,092,000 66,668,000 72,182,000 130,018,000  
Exploration expense 50,000 61,000 51,000 96,000  
Loss on impairment     0    
Other operating expenses 50,000 111,000 80,000 219,000  
OPERATING INCOME 21,992,000 66,496,000 72,051,000 129,703,000  
Interest and other income 8,353,000 (227,000) 9,079,000 560,000  
Interest expense (11,000) (9,000) (47,000) (45,000)  
Fair value adjustments, net 0 0 0 0  
Income tax benefit (expense) (23,106,000) (25,063,000) (41,684,000) (47,209,000)  
Net income 7,228,000 41,197,000 39,399,000 83,009,000  
Capital expenditures 4,406,000 [1] 4,418,000 [1] 22,413,000 [1] 11,230,000 [1]  
Assets 299,041,000 [2] 265,488,000 [2] 299,041,000 [2] 265,488,000 [2]  
Kensington [Member]
         
Financial information relating to reporting segments          
Sales of metal 36,450,000 44,185,000 67,950,000 118,307,000  
Production costs applicable to sales (26,881,000) (24,347,000) (60,078,000) (70,111,000)  
Depreciation and depletion (11,512,000) (9,567,000) (27,836,000) (28,822,000)  
Gross profit (loss) (1,943,000) 10,271,000 (19,964,000) 19,374,000  
Exploration expense 1,476,000 308,000 1,971,000 674,000  
Loss on impairment     0    
Other operating expenses 39,000 88,000 75,000 224,000  
OPERATING INCOME (3,458,000) 9,875,000 (22,010,000) 18,476,000  
Interest and other income 0 1,000 1,000 4,000  
Interest expense (1,834,000) (1,115,000) (3,627,000) (3,722,000)  
Fair value adjustments, net (4,283,000) (22,244,000) (2,647,000) (20,568,000)  
Income tax benefit (expense) 0 (1,000) 0 (21,000)  
Net income (9,575,000) (13,484,000) (28,283,000) (5,831,000)  
Capital expenditures 9,034,000 [1] 9,230,000 [1] 29,235,000 [1] 21,964,000 [1]  
Assets 520,619,000 [2] 515,335,000 [2] 520,619,000 [2] 515,335,000 [2]  
Rochester [Member]
         
Financial information relating to reporting segments          
Sales of metal 36,244,000 17,453,000 89,156,000 46,149,000  
Production costs applicable to sales (21,014,000) (11,356,000) (51,331,000) (24,054,000)  
Depreciation and depletion (2,061,000) (573,000) (5,763,000) (1,671,000)  
Gross profit (loss) 13,169,000 5,524,000 32,062,000 20,424,000  
Exploration expense 1,158,000 242,000 3,003,000 604,000  
Loss on impairment     0    
Other operating expenses 1,109,000 3,158,000 3,142,000 17,719,000  
OPERATING INCOME 10,902,000 2,124,000 25,917,000 2,101,000  
Interest and other income 59,000 7,000 347,000 58,000  
Interest expense (6,000) (14,000) (21,000) (14,000)  
Fair value adjustments, net 0 0 0 0  
Income tax benefit (expense) 0 0 0 0  
Net income 10,955,000 2,117,000 26,243,000 2,145,000  
Capital expenditures 4,777,000 [1] 13,559,000 [1] 10,362,000 [1] 19,428,000 [1]  
Assets 104,066,000 [2] 55,734,000 [2] 104,066,000 [2] 55,734,000 [2]  
Martha [Member]
         
Financial information relating to reporting segments          
Sales of metal 4,933,000 6,037,000 12,700,000 10,492,000  
Production costs applicable to sales (6,481,000) (8,143,000) (17,276,000) (11,502,000)  
Depreciation and depletion (32,000) (237,000) (1,332,000) (82,000)  
Gross profit (loss) (1,580,000) (2,343,000) (5,908,000) (1,092,000)  
Exploration expense 1,217,000 1,477,000 7,391,000 4,300,000  
Loss on impairment 1,293,000   6,106,000    
Other operating expenses 133,000 150,000 411,000 150,000  
OPERATING INCOME (4,223,000) (3,970,000) (19,816,000) (5,542,000)  
Interest and other income (342,000) (99,000) (912,000) (588,000)  
Interest expense (2,000) (35,000) (3,000) (448,000)  
Fair value adjustments, net 0 0 0 0  
Income tax benefit (expense) 1,233,000 (173,000) 993,000 (542,000)  
Net income (3,334,000) (4,277,000) (19,738,000) (7,120,000)  
Capital expenditures 6,000 [1] 1,130,000 [1] 1,194,000 [1] 1,954,000 [1]  
Assets 11,339,000 [2] 19,537,000 [2] 11,339,000 [2] 19,537,000 [2]  
Endeavor [Member]
         
Financial information relating to reporting segments          
Sales of metal 4,132,000 6,205,000 16,077,000 15,835,000  
Production costs applicable to sales (1,982,000) (3,210,000) (7,272,000) (7,582,000)  
Depreciation and depletion (898,000) (914,000) (4,134,000) (2,398,000)  
Gross profit (loss) 1,252,000 2,081,000 4,671,000 5,855,000  
Exploration expense 0 0 0 0  
Loss on impairment     0    
Other operating expenses 0 (1,000) 0 (1,000)  
OPERATING INCOME 1,252,000 2,082,000 4,671,000 5,856,000  
Interest and other income 0 0 0 0  
Interest expense 0 0 0 0  
Fair value adjustments, net 0 0 0 0  
Income tax benefit (expense) (202,000) 107,000 (202,000) 104,000  
Net income 1,050,000 2,189,000 4,469,000 5,960,000  
Capital expenditures 0 [1] 0 [1] 0 [1] 0 [1]  
Assets 32,619,000 [2] 37,546,000 [2] 32,619,000 [2] 37,546,000 [2]  
Other Mining Properties [Member]
         
Financial information relating to reporting segments          
Sales of metal 0 0 0 0  
Production costs applicable to sales 0 0 0 0  
Depreciation and depletion (171,000) (112,000) (418,000) (359,000)  
Gross profit (loss) (171,000) (112,000) (418,000) (359,000)  
Exploration expense 768,000 484,000 2,181,000 1,825,000  
Loss on impairment     0    
Other operating expenses 9,212,000 7,776,000 24,366,000 21,707,000  
OPERATING INCOME (10,151,000) (8,372,000) (26,965,000) (23,891,000)  
Interest and other income (320,000) (14,000) 1,161,000 2,470,000  
Interest expense (1,097,000) (1,537,000) (2,997,000) (5,239,000)  
Fair value adjustments, net 901,000 (4,643,000) 3,696,000 (3,978,000)  
Income tax benefit (expense) (895,000) (17,000) (5,865,000) (1,758,000)  
Net income (11,562,000) (15,367,000) (30,970,000) (34,036,000)  
Capital expenditures 428,000 [1] 234,000 [1] 988,000 [1] 317,000 [1]  
Assets 18,613,000 [2] 17,693,000 [2] 18,613,000 [2] 17,693,000 [2]  
Reportable Segment [Member]
         
Financial information relating to reporting segments          
Sales of metal 230,593,000 343,575,000 689,563,000 774,289,000  
Production costs applicable to sales (124,967,000) (141,253,000) (349,344,000) (310,829,000)  
Depreciation and depletion (52,844,000) (58,652,000) (166,460,000) (166,334,000)  
Gross profit (loss) 52,782,000 143,670,000 173,759,000 297,126,000  
Exploration expense 6,957,000 4,772,000 19,829,000 11,611,000  
Loss on impairment 1,293,000   6,106,000    
Other operating expenses 10,543,000 11,507,000 28,074,000 40,243,000  
OPERATING INCOME 33,989,000 127,391,000 119,750,000 245,272,000  
Interest and other income 12,664,000 (6,610,000) 14,450,000 (1,946,000)  
Interest expense (7,351,000) (7,980,000) (21,578,000) (26,553,000)  
Fair value adjustments, net (37,648,000) (53,351,000) (44,722,000) (71,051,000)  
Income tax benefit (expense) (17,475,000) (27,606,000) (56,773,000) (61,947,000)  
Net income (15,821,000) 31,060,000 11,127,000 82,135,000  
Capital expenditures 29,972,000 [1] 38,099,000 [1] 93,857,000 [1] 79,780,000 [1]  
Assets $ 2,912,992,000 [2] $ 2,961,441,000 [2] $ 2,912,992,000 [2] $ 2,961,441,000 [2]  
[1] Balance represents cash flow amounts
[2] Segment assets consist of receivables, prepaids, inventories, property, plant and equipment, and mining properties