XML 23 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (Loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Statement of Other Comprehensive Income [Abstract]        
Sales of metal $ 200,825 $ 230,593 $ 577,147 $ 689,563
Production costs applicable to sales (131,728) (124,967) (363,437) (349,344)
Depreciation, Depletion and Amortization (60,874) (52,844) (168,963) (166,460)
Gross profit 8,223 52,782 44,747 173,759
COSTS AND EXPENSES        
General and administrative 16,240 10,266 41,492 26,456
Exploration 3,305 6,957 16,920 19,829
Litigation settlement 0 0 32,046 0
Loss on impairment 0 1,293 205 6,106
Pre-development, care, maintenance and other 3,955 277 9,414 1,618
Total costs and expenses 23,500 18,793 100,077 54,009
OPERATING INCOME (LOSS) (15,277) 33,989 (55,330) 119,750
OTHER INCOME AND EXPENSE        
Fair value adjustments, net (20,646) (37,648) 63,905 (44,722)
Other than temporary impairment of marketable securities (870) (605) (18,097) (605)
Interest income and other, net (1,791) 13,269 2,484 15,055
Interest expense, net of capitalized interest (9,662) (7,351) (30,324) (21,578)
Total other income and expense (32,969) (32,335) 17,968 (51,850)
Income (loss) before income taxes (48,246) 1,654 (37,362) 67,900
Income tax provision 1,981 (17,475) (31,673) (56,773)
NET INCOME (LOSS) $ (46,265) $ (15,821) $ (69,035) $ 11,127
Basic income per share:        
Net income $ (0.46) $ (0.18) $ (0.71) $ 0.12
Diluted income per share:        
Net income $ (0.46) $ (0.18) $ (0.71) $ 0.12