XML 71 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net income (loss) $ (16,677) $ (43,121) $ (49,965) $ (80,312)
Adjustments:        
Amortization 38,974 41,422 72,064 81,849
Accretion 3,526 4,502 6,676 9,093
Deferred income taxes (5,053) (3,844) (7,237) (15,705)
Loss on termination of revolving credit facility 0 0 0 3,035
Fair value adjustments, net (2,754) 8,282 2,130 19,717
Stock-based compensation 2,604 2,385 4,754 4,950
Impairment of equity securities 31 934 1,545 3,522
Other 4,224 (54) 5,303 (869)
Changes in operating assets and liabilities:        
Receivables (2,342) 4,921 214 10,544
Prepaid expenses and other current assets 160 3,551 (1,167) (4,558)
Inventories 4,649 (1,606) 5,333 (15,519)
Accounts payable and accrued liabilities 9,521 13,118 (6,759) 5,117
CASH PROVIDED BY OPERATING ACTIVITIES 36,863 30,490 32,891 20,864
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures (23,677) (15,356) (41,297) (27,292)
Acquisitions, net of cash acquired (9,152) (2,250) (111,170) (2,250)
Other (103) 12 (1,676) (13)
Purchase of short term investments and equity securities (1,597) (2,139) (1,873) (48,360)
Sales and maturities of short-term investments 399 800 469 890
CASH USED IN INVESTING ACTIVITIES (34,130) (18,933) (155,547) (77,025)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Issuance of notes and bank borrowings 100,000 0 153,500 153,000
Payments on long-term debt, capital leases, and associated costs (66,626) (2,851) (75,220) (6,962)
Gold production royalty payments (9,754) (12,345) (20,122) (27,028)
Other (72) (160) (495) (406)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 23,548 (15,356) 57,663 118,604
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 26,281 (3,799) (64,993) 62,443
Cash and cash equivalents at beginning of period 179,587 272,932 270,861 206,690
Cash and cash equivalents at end of period $ 205,868 $ 269,133 $ 205,868 $ 269,133