Supplemental Guarantor Information (Tables)

3 Months Ended

Mar. 31, 2015

Mar. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED MARCH 31, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	88,672		$	64,284		$	—		$	152,956
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			60,811			54,251			—			115,062
Amortization	502			18,567			14,021			—			33,090
General and administrative	8,750			7			77			—			8,834
Exploration	563			2,458			1,245			—			4,266
Pre-development, reclamation, and other	3,388			1,375			2,000			—			6,763
Total costs and expenses	13,203			83,218			71,594			—			168,015
Fair value adjustments, net	(1,046		)	(2,293		)	(1,545		)	—			(4,884		)
Impairment of marketable securities	—			(1,514		)	—			—			(1,514		)
Interest income and other, net	1,280			(57		)	(1,398		)	(822		)	(997		)
Interest expense, net of capitalized interest	(8,855		)	(288		)	(2,444		)	822			(10,765		)
Total other income (expense), net	(8,621		)	(4,152		)	(5,387		)	—			(18,160		)
Loss before income and mining taxes	(21,824		)	1,302			(12,697		)	—			(33,219		)
Income and mining tax (expense) benefit	1,550			(350		)	(1,268		)	—			(68		)
Total loss after income and mining taxes	(20,274		)	952			(13,965		)	—			(33,287		)
Equity income (loss) in consolidated subsidiaries	(13,013		)	809			—			12,204			—
NET INCOME (LOSS)	$	(33,287	)	$	1,761		$	(13,965	)	$	12,204		$	(33,287	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	(915		)	(915		)	—			915			(915		)
Reclassification adjustments for impairment of marketable securities	928			928			—			(928		)	928
Other comprehensive income (loss)	13			13			—			(13		)	13
COMPREHENSIVE INCOME (LOSS)	$	(33,274	)	$	1,774		$	(13,965	)	$	12,191		$	(33,274	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED MARCH 31, 2014



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	60,500		$	99,133		$	—		$	159,633
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			43,238			63,658			—			106,896
Amortization	377			15,296			24,786			—			40,459
General and administrative	13,052			166			678			—			13,896
Exploration	586			2,421			1,210			—			4,217
Pre-development, reclamation, and other	—			1,536			5,448			—			6,984
Total costs and expenses	14,015			62,657			95,780			—			172,452
OTHER INCOME (EXPENSE), NET							.
Fair value adjustments, net	(526		)	(673		)	(10,237		)	—			(11,436		)
Impairment of marketable securities	—			(2,588		)	—			—			(2,588		)
Interest income and other, net	840			46			(2,211		)	(658		)	(1,983		)
Interest expense, net of capitalized interest	(10,183		)	(26		)	(3,503		)	658			(13,054		)
Total other income (expense), net	(9,869		)	(3,241		)	(15,951		)	—			(29,061		)
Loss before income and mining taxes	(23,884		)	(5,398		)	(12,598		)	—			(41,880		)
Income and mining tax (expense) benefit	(146		)	—			4,835			—			4,689
Total loss after income and mining taxes	(24,030		)	(5,398		)	(7,763		)	—			(37,191		)
Equity income (loss) in consolidated subsidiaries	(13,161		)	178			—			12,983			—
NET INCOME (LOSS)	$	(37,191	)	$	(5,220	)	$	(7,763	)	$	12,983		$	(37,191	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	371			467			—			(467		)	371
Reclassification adjustments for impairment of marketable securities	1,587			1,587			—			(1,587		)	1,587
Other comprehensive income (loss)	1,958			2,054			—			(2,054		)	1,958
COMPREHENSIVE INCOME (LOSS)	$	(35,233	)	$	(3,166	)	$	(7,763	)	$	10,929		$	(35,233	)

Schedule of Condensed Cash Flow Statement

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(44,918	)	$	29,908		$	(1,166	)	$	12,204		(3,972		)
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(12		)	(7,399		)	(10,209		)	—			(17,620		)
Purchase of short term investments and marketable securities	(278		)	—			—			—			(278		)
Sales and maturities of short term investments	—			145			84			—			229
Acquisitions	(103,000		)				982			—			(102,018		)
Other	(1,767		)	—			37			—			(1,730		)
Investments in consolidated subsidiaries	12,221			(810		)	—			(11,411		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(92,836		)	(8,064		)	(9,106		)	(11,411		)	(121,417		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	50,000			—			3,500			—			53,500
Payments on long-term debt, capital leases, and associated costs	(6,582		)	(1,818		)	(194		)	—			(8,594		)
Gold production royalty payments	—			—			(10,368		)	—			(10,368		)
Net intercompany financing activity	(1,730		)	(19,628		)	21,358			—			—
Other	(423		)	—			793			(793		)	(423		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	41,265			(21,446		)	15,089			(793		)	34,115
NET CHANGE IN CASH AND CASH EQUIVALENTS	(96,489		)	398			4,817			—			(91,274		)
Cash and cash equivalents at beginning of period	210,361			5,781			54,719			—			270,861
Cash and cash equivalents at end of period	$	113,872		$	6,179		$	59,536		$	—		$	179,587

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2014



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(37,623	)	$	4,932		$	10,082		$	12,982		$	(9,627	)
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(945		)	(5,670		)	(5,321		)	—			(11,936		)
Purchase of short term investments and marketable securities	(45,796		)	(424		)	—			—			(46,220		)
Sales and maturities of short term investments	90			—			—			—			90
Other	—			—			(25		)	—			(25		)
Investments in consolidated subsidiaries	13,160			(178		)	—			(12,982		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(33,491		)	(6,272		)	(5,346		)	(12,982		)	(58,091		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	153,000			—			—			—			153,000
Payments on long-term debt, capital leases, and associated costs	(3,196		)	(412		)	(503		)	—			(4,111		)
Gold production royalty payments	—			—			(14,683		)	—			(14,683		)
Net intercompany financing activity	(11,475		)	1,515			9,960			—			—
Other	(246		)	—			—			—			(246		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	138,083			1,103			(5,226		)	—			133,960
NET CHANGE IN CASH AND CASH EQUIVALENTS	66,969			(237		)	(490		)	—			66,242
Cash and cash equivalents at beginning of period	137,076			991			68,623			—			206,690
Cash and cash equivalents at end of period	$	204,045		$	754		$	68,133		$	—		$	272,932

Schedule of Condensed Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2014



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	210,361		$	5,781		$	54,719		$	—		$	270,861
Receivables	87			11,151			105,683			—			116,921
Ore on leach pads	—			48,204			—			—			48,204
Inventory	—			54,983			59,948			—			114,931
Deferred tax assets	393			—			6,971			—			7,364
Prepaid expenses and other	6,349			4,557			4,617			—			15,523
	217,190			124,676			231,938			—			573,804
NON-CURRENT ASSETS
Property, plant and equipment, net	6,155			107,084			114,672			—			227,911
Mining properties, net	12,004			159,124			330,064			—			501,192
Ore on leach pads	—			37,889			—			—			37,889
Restricted assets	897			50			6,090			—			7,037
Equity securities	—			5,982			—			—			5,982
Receivables	—			—			21,686			—			21,686
Deferred tax assets	30,419			—			29,732			—			60,151
Net investment in subsidiaries	128,913			45,615			—			(174,528		)	—
Other	50,813			5,522			4,394			(50,814		)	9,915
TOTAL ASSETS	$	446,391		$	485,942		$	738,576		$	(225,342	)	$	1,445,567

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	3,414		$	13,391		$	32,247		$	—		$	49,052
Accrued liabilities and other	22,588			11,207			17,718			—			51,513
Debt	5,334			7,476			4,688			—			17,498
Royalty obligations	—			5,747			37,931			—			43,678
Reclamation	—			3,401			1,621			(1,151		)	3,871
Deferred tax liabilities	7,142			848			88			—			8,078
	38,478			42,070			94,293			(1,151		)	173,690
NON-CURRENT LIABILITIES
Debt	427,604			12,806			61,452			(50,814		)	451,048
Royalty obligations	—			9,623			18,028			—			27,651
Reclamation	—			46,792			19,000			1,151			66,943
Deferred tax liabilities	53,201			2,963			54,842			—			111,006
Other long-term liabilities	2,582			469			26,860			—			29,911
Intercompany payable (receivable)	(660,792		)	427,156			233,636			—			—
	(177,405		)	499,809			413,818			(49,663		)	686,559
STOCKHOLDERS’ EQUITY
Common stock	1,034			250			128,299			(128,549		)	1,034
Additional paid-in capital	2,789,695			79,712			1,682,830			(1,762,542		)	2,789,695
Accumulated deficit	(2,202,603		)	(133,091		)	(1,580,664		)	1,713,755			(2,202,603		)
Accumulated other comprehensive income (loss)	(2,808		)	(2,808		)	—			2,808			(2,808		)
	585,318			(55,937		)	230,465			(174,528		)	585,318
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	446,391		$	485,942		$	738,576		$	(225,342	)	$	1,445,567

CONDENSED CONSOLIDATING BALANCE SHEET

MARCH 31, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	113,872		$	6,179		$	59,536		$	—		$	179,587
Receivables	13			11,443			106,934			—			118,390
Ore on leach pads	—			54,447			12,258			—			66,705
Inventory	—			43,371			71,966			—			115,337
Deferred tax assets	393			—			6,862			—			7,255
Prepaid expenses and other	4,575			4,444			9,610			—			18,629
	118,853			119,884			267,166			—			505,903
NON-CURRENT ASSETS
Property, plant and equipment, net	5,665			102,804			146,423			—			254,892
Mining properties, net	12,004			152,830			408,008			—			572,842
Ore on leach pads	—			34,425			—			—			34,425
Restricted assets	2,665			50			6,324			—			9,039
Equity securities	—			4,488			—			—			4,488
Receivables	—			—			18,933			—			18,933
Deferred tax assets	33,883			—			29,852			—			63,735
Net investment in subsidiaries	219,705			46,425			—			(266,130		)	—
Other	51,638			5,518			6,042			(51,637		)	11,561
TOTAL ASSETS	$	444,413		$	466,424		$	882,748		$	(317,767	)	$	1,475,818

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	3,419		$	14,526		$	27,442		$	—		$	45,387
Accrued liabilities and other	10,534			8,998			21,036			—			40,568
Debt	49,753			7,539			8,427			—			65,719
Royalty obligations	—			6,455			37,987			—			44,442
Reclamation	—			2,542			2,497			(1,151		)	3,888
Deferred tax liabilities	7,142			848			88			—			8,078
	70,848			40,908			97,477			(1,151		)	208,082
NON-CURRENT LIABILITIES
Debt	426,647			10,924			61,845			(51,637		)	447,779
Royalty obligations	—			10,067			11,152			—			21,219
Reclamation	—			47,743			37,005			1,151			85,899
Deferred tax liabilities	53,201			2,963			65,635			—			121,799
Other long-term liabilities	2,718			455			34,303			—			37,476
Intercompany payable (receivable)	(662,565		)	407,526			255,039			—			—
	(179,999		)	479,678			464,979			(50,486		)	714,172
STOCKHOLDERS’ EQUITY
Common stock	1,033			250			129,093			(129,343		)	1,033
Additional paid-in capital	2,791,216			79,712			1,785,830			(1,865,542		)	2,791,216
Accumulated deficit	(2,235,890		)	(131,329		)	(1,594,631		)	1,725,960			(2,235,890		)
Accumulated other comprehensive income (loss)	(2,795		)	(2,795		)	—			2,795			(2,795		)
	553,564			(54,162		)	320,292			(266,130		)	553,564
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	444,413		$	466,424		$	882,748		$	(317,767	)	$	1,475,818