Supplemental Guarantor Information (Tables)

6 Months Ended

Jun. 30, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

SIX MONTHS ENDED JUNE 30, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	188,307		$	130,912		$	—		$	319,219
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			129,288			104,872			—			234,160
Amortization	998			40,339			30,727			—			72,064
General and administrative	17,127			14			145			—			17,286
Exploration	1,154			3,466			3,225			—			7,845
Pre-development, reclamation, and other	2,550			2,878			3,602			—			9,030
Total costs and expenses	21,829			175,985			142,571			—			340,385
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	142			(1,155		)	(1,117		)	—			(2,130		)
Other, net	1,891			(2,457		)	(3,030		)	(1,766		)	(5,362		)
Interest expense, net of capitalized interest	(18,191		)	(551		)	(4,523		)	1,766			(21,499		)
Total other income (expense), net	(16,158		)	(4,163		)	(8,670		)	—			(28,991		)
Income (Loss) before income and mining taxes	(37,987		)	8,159			(20,329		)	—			(50,157		)
Income and mining tax (expense) benefit	3,495			(1,282		)	(2,021		)	—			192
Income (Loss) after income and mining taxes	(34,492		)	6,877			(22,350		)	—			(49,965		)
Equity income (loss) in consolidated subsidiaries	(15,473		)	160			—			15,313			—
NET INCOME (LOSS)	$	(49,965	)	$	7,037		$	(22,350	)	$	15,313		$	(49,965	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on equity securities, net of tax	(2,813		)	(1,982		)	—			1,982			(2,813		)
Reclassification adjustments for impairment of equity securities, net of tax	1,545			1,545			—			(1,545		)	1,545
Reclassification adjustments for realized loss on sale of equity securities, net of tax	904			904			—			(904		)	904
Other comprehensive income (loss)	(364		)	467			—			(467		)	(364		)
COMPREHENSIVE INCOME (LOSS)	$	(50,329	)	$	7,504		$	(22,350	)	$	14,846		$	(50,329	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	106,207		$	75,800		$	—		$	182,007
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			58,674			41,791			—			100,465
Amortization	413			20,374			16,718			—			37,505
COSTS AND EXPENSES
General and administrative	7,096			203			101			—			7,400
Exploration	479			1,249			505			—			2,233
Write-downs	—			—			—			—			—
Pre-development, reclamation, and other	934			1,446			1,984			—			4,364
Total costs and expenses	8,922			81,946			61,099			—			151,967
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	(53		)	(2,686		)	(840		)	—			(3,579		)
Other, net	1,341			(2,193		)	143			(1,148		)	(1,857		)
Interest expense, net of capitalized interest	(10,241		)	(243		)	(1,539		)	1,148			(10,875		)
Total other income (expense), net	(8,953		)	(5,122		)	(2,236		)	—			(16,311		)
Loss before income and mining taxes	(17,875		)	19,139			12,465			—			13,729
Income and mining tax (expense) benefit	(248		)	(1,595		)	2,611			—			768
Total loss after income and mining taxes	(18,123		)	17,544			15,076			—			14,497
Equity income (loss) in consolidated subsidiaries	32,620			(674		)	—			(31,946		)	—
NET INCOME (LOSS)	$	14,497		$	16,870		$	15,076		$	(31,946	)	$	14,497
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	2,103			2,103			—			(2,103		)	2,103
Reclassification adjustments for impairment of equity securities, net of tax	20			20			—			(20		)	20
Reclassification adjustments for realized loss on sale of equity securities, net of tax	(314		)	(314		)	—			314			(314		)
Other comprehensive income (loss)	1,809			1,809			—			(1,809		)	1,809
COMPREHENSIVE INCOME (LOSS)	$	16,306		$	18,679		$	15,076		$	(33,755	)	$	16,306

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED JUNE 30, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	99,635		$	66,628		$	—		$	166,263
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			68,477			50,620			—			119,097
Amortization	496			21,772			16,706			—			38,974
General and administrative	8,377			7			67			—			8,451
Exploration	591			1,008			1,980			—			3,579
Pre-development, reclamation, and other	(838		)	1,338			1,767			—			2,267
Total costs and expenses	8,626			92,602			71,140			—			172,368
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	1,188			1,138			428			—			2,754
Other, net	611			(904		)	(1,614		)	(945		)	(2,852		)
Interest expense, net of capitalized interest	(9,336		)	(263		)	(2,080		)	945			(10,734		)
Total other income (expense), net	(7,537		)	(29		)	(3,266		)	—			(10,832		)
Income (Loss) before income and mining taxes	(16,163		)	7,004			(7,778		)	—			(16,937		)
Income and mining tax (expense) benefit	1,945			(1,618		)	(67		)	—			260
Income (Loss) after income and mining taxes	(14,218		)	5,386			(7,845		)	—			(16,677		)
Equity income (loss) in consolidated subsidiaries	(2,460		)	(649		)	—			3,109			—
NET INCOME (LOSS)	$	(16,678	)	$	4,737		$	(7,845	)	$	3,109		$	(16,677	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on equity securities, net of tax	(1,312		)	(486		)	—			486			(1,312		)
Reclassification adjustments for impairment of equity securities, net of tax	31			31			—			(31		)	31
Reclassification adjustments for realized loss on sale of equity securities, net of tax	904			904			—			(904		)	904
Other comprehensive income (loss)	(377		)	449			—			(449		)	(377		)
COMPREHENSIVE INCOME (LOSS)	$	(17,055	)	$	5,186		$	(7,845	)	$	2,660		$	(17,054	)

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

SIX MONTHS ENDED JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	200,161		$	130,233		$	—		$	330,394
COSTS AND EXPENSES
Costs applicable to sales⁽¹⁾	—			121,038			80,982			—			202,020
Amortization	836			38,233			26,401			—			65,470
COSTS AND EXPENSES
General and administrative	15,176			221			279			—			15,676
Exploration	1,102			1,433			1,428			—			3,963
Write-downs	—			—			4,446			—			4,446
Pre-development, reclamation, and other	1,386			2,862			4,320			—			8,568
Total costs and expenses	18,500			163,787			117,856			—			300,143
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	(1,635		)	(4,935		)	(5,704		)	—			(12,274		)
Other, net	1,679			61			(110		)	(2,173		)	(543		)
Interest expense, net of capitalized interest	(20,496		)	(456		)	(3,216		)	2,173			(21,995		)
Total other income (expense), net	(20,452		)	(5,330		)	(9,030		)	—			(34,812		)
Loss before income and mining taxes	(38,952		)	31,044			3,347			—			(4,561		)
Income and mining tax (expense) benefit	(457		)	(1,902		)	1,021			—			(1,338		)
Total loss after income and mining taxes	(39,409		)	29,142			4,368			—			(5,899		)
Equity income (loss) in consolidated subsidiaries	33,510			(5,153		)	—			(28,357		)	—
NET INCOME (LOSS)	$	(5,899	)	$	23,989		$	4,368		$	(28,357	)	$	(5,899	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on equity securities, net of tax	3,146			3,079			—			(3,079		)	3,146
Reclassification adjustments for impairment of equity securities, net of tax	20			20			—			(20		)	20
Reclassification adjustments for realized loss on sale of equity securities, net of tax	273			(695		)	—			695			273
Other comprehensive income (loss)	3,439			2,404			—			(2,404		)	3,439
COMPREHENSIVE INCOME (LOSS)	$	(2,460	)	$	26,393		$	4,368		$	(30,761	)	$	(2,460	)

Condensed Cash Flow Statement

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(3,258	)	$	52,577		$	31,594		$	(28,357	)	52,556

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(134		)	(25,722		)	(19,604		)	—			(45,460		)
Proceeds from the sale of long-lived assets	—			4,041			7,261			—			11,302
Purchase of investments	(99		)	—			—			—			(99		)
Sales and maturities of investments	500			1,145			—			—			1,645
Other	(3,139		)	302			(82		)	—			(2,919		)
Investments in consolidated subsidiaries	(20,932		)	24,160			—			(3,228		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(23,804		)	3,926			(12,425		)	(3,228		)	(35,531		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on debt, capital leases, and associated costs	(500		)	(6,503		)	(5,680		)	—			(12,683		)
Gold production royalty payments	—			—			(19,592		)	—			(19,592		)
Net intercompany financing activity	(13,101		)	(30,685		)	12,201			31,585			—
Issuance of common stock	73,071			—			—			—			73,071
Other	(728		)				—			—			(728		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	58,742			(37,188		)	(13,071		)	31,585			40,068
Effect of exchange rate changes on cash and cash equivalents	—			5			(221		)	—			(216		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	31,680			19,320			5,877			—			56,877
Cash and cash equivalents at beginning of period	96,123			34,228			70,363			—			200,714
Cash and cash equivalents at end of period	$	127,803		$	53,548		$	76,240		$	—		$	257,591

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED JUNE 30, 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	$	(7,793	)	$	28,679		$	13,009		$	3,109		37,004
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(75		)	(11,873		)	(11,729		)	—			(23,677		)
Proceeds from the sale of long-lived assets	—			—			8			—			8
Purchase of investments	(1,597		)	—			—			—			(1,597		)
Sales and maturities of investments	13			386			—			—			399
Acquisitions	(8,170		)	(982		)	—			—			(9,152		)
Other	4			23			(138		)	—			(111		)
Investments in consolidated subsidiaries	(27,904		)	1,634			116			26,154			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(37,729		)	(10,812		)	(11,743		)	26,154			(34,130		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	100,000			—			—			—			100,000
Payments on long-term debt, capital leases, and associated costs	(55,286		)	(1,885		)	(9,455		)	—			(66,626		)
Gold production royalty payments	—			—			(9,754		)	—			(9,754		)
Net intercompany financing activity	11,703			5,283			11,535			(28,521		)	—
Other	(72		)	—			742			(742		)	(72		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	56,345			3,398			(6,932		)	(29,263		)	23,548
Effect of exchange rate changes on cash and cash equivalents	—			—			(141		)	—			(141		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	10,823			21,265			(5,807		)	—			26,281
Cash and cash equivalents at beginning of period	113,872			5,994			59,721			—			179,587
Cash and cash equivalents at end of period	$	124,695		$	27,259		$	53,914		$	—		$	205,868

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 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	$	(52,711	)	$	51,389		$	19,564		$	15,313		33,555
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(87		)	(19,323		)	(21,887		)	—			(41,297		)
Proceeds from the sale of long-lived assets	—			145			20			—			165
Purchase of investments	(1,873		)	—			—			—			(1,873		)
Sales and maturities of investments	12			386			71			—			469
Acquisitions	(111,170		)	—			—			—			(111,170		)
Other	(1,764		)	23			(100		)	—			(1,841		)
Investments in consolidated subsidiaries	(15,683		)	824			116			14,743			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(130,565		)	(17,945		)	(21,780		)	14,743			(155,547		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	150,000			—			3,500			—			153,500
Payments on long-term debt, capital leases, and associated costs	(61,868		)	(3,703		)	(9,649		)	—			(75,220		)
Gold production royalty payments	—			—			(20,122		)	—			(20,122		)
Net intercompany financing activity	9,973			(8,263		)	26,811			(28,521		)	—
Other	(495		)	—			1,535			(1,535		)	(495		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	97,610			(11,966		)	2,075			(30,056		)	57,663
Effect of exchange rate changes on cash and cash equivalents	—			—			(664		)	—			(664		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(85,666		)	21,478			(805		)	—			(64,993		)
Cash and cash equivalents at beginning of period	210,361			5,781			54,719			—			270,861
Cash and cash equivalents at end of period	$	124,695		$	27,259		$	53,914		$	—		$	205,868

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	25,384		$	31,117		$	21,384		$	(31,946	)	45,939

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(88		)	(12,932		)	(10,268		)	—			(23,288		)
Proceeds from the sale of long-lived assets	—			41			7,252			—			7,293
Purchase of investments	(92		)	—			—			—			(92		)
Sales and maturities of investments	—			648			—			—			648
Other	(1,601		)	196			(41		)	—			(1,446		)
Investments in consolidated subsidiaries	(24,352		)	15,981			—			8,371			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(26,133		)	3,934			(3,057		)	8,371			(16,885		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on debt, capital leases, and associated costs	(250		)	(5,673		)	(789		)	—			(6,712		)
Gold production royalty payments	—			—			(10,461		)	—			(10,461		)
Net intercompany financing activity	(5,222		)	(5,720		)	(12,633		)	23,575			—
Issuance of common stock	73,071			—			—			—			73,071
Other	(448		)	—			—			—			(448		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	67,151			(11,393		)	(23,883		)	23,575			55,450
Effect of exchange rate changes on cash and cash equivalents	—			1			(303		)	—			(302		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	66,402			23,659			(5,859		)	—			84,202
Cash and cash equivalents at beginning of period	61,401			29,889			82,099			—			173,389
Cash and cash equivalents at end of period	$	127,803		$	53,548		$	76,240		$	—		$	257,591

Condensed Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2015



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	96,123		$	34,228		$	70,363		$	—		$	200,714
Receivables	11			12,773			73,208			—			85,992
Ore on leach pads	—			67,329			—			—			67,329
Inventory	—			45,491			36,220			—			81,711
Prepaid expenses and other	3,496			1,075			6,371			—			10,942
	99,630			160,896			186,162			—			446,688
NON-CURRENT ASSETS
Property, plant and equipment, net	4,546			138,706			52,747			—			195,999
Mining properties, net	—			199,303			389,916			—			589,219
Ore on leach pads	—			44,582			—			—			44,582
Restricted assets	5,755			381			5,497			—			11,633
Equity securities	434			2,332			—			—			2,766
Receivables	—			—			24,768			—			24,768
Deferred tax assets	—			—			1,942			—			1,942
Net investment in subsidiaries	127,671			27,657			—			(155,328		)	—
Other	54,578			9,197			5,695			(54,578		)	14,892
TOTAL ASSETS	$	292,614		$	583,054		$	666,727		$	(209,906	)	$	1,332,489

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,743		$	18,535		$	28,454		$	—		$	48,732
Accrued liabilities and other	20,555			14,598			18,800			—			53,953
Debt	1,000			8,120			1,311			—			10,431
Royalty obligations	—			4,729			20,164			—			24,893
Reclamation	—			1,401			1,821			(1,151		)	2,071
	23,298			47,383			70,550			(1,151		)	140,080
NON-CURRENT LIABILITIES
Debt	467,634			4,947			61,976			(54,578		)	479,979
Royalty obligations	—			4,864			—			—			4,864
Reclamation	—			61,924			20,122			1,151			83,197
Deferred tax liabilities	28,600			6,927			111,605			—			147,132
Other long-term liabilities	2,171			3,838			49,752			—			55,761
Intercompany payable (receivable)	(650,565		)	411,103			239,462			—			—
	(152,160		)	493,603			482,917			(53,427		)	770,933
STOCKHOLDERS’ EQUITY
Common stock	1,513			250			130,885			(131,135		)	1,513
Additional paid-in capital	3,024,461			179,553			1,896,047			(2,075,600		)	3,024,461
Accumulated deficit	(2,600,776		)	(135,049		)	(1,913,672		)	2,048,721			(2,600,776		)
Accumulated other comprehensive income (loss)	(3,722		)	(2,686		)	—			2,686			(3,722		)
	421,476			42,068			113,260			(155,328		)	421,476
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	292,614		$	583,054		$	666,727		$	(209,906	)	$	1,332,489

CONDENSED CONSOLIDATING BALANCE SHEET

JUNE 30, 2016



In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	127,803		$	53,548		$	76,240		$	—		$	257,591
Receivables	26			12,454			67,452			—			79,932
Ore on leach pads	—			76,335			—			—			76,335
Inventory	—			46,484			37,590			—			84,074
Prepaid expenses and other	2,314			2,313			6,987			—			11,614
	130,143			191,134			188,269			—			509,546
NON-CURRENT ASSETS
Property, plant and equipment, net	3,844			144,514			68,987			—			217,345
Mining properties, net	—			183,649			368,386			—			552,035
Ore on leach pads	—			52,885			—			—			52,885
Restricted assets	8,901			185			5,706			—			14,792
Equity securities	—			11,250			—			—			11,250
Receivables	—			—			39,739			—			39,739
Deferred tax assets	—			—			1,370			—			1,370
Net investment in subsidiaries	151,006			10,850			—			(161,856		)	—
Other	218,195			9,352			3,540			(218,194		)	12,893
TOTAL ASSETS	$	512,089		$	603,819		$	675,997		$	(380,050	)	$	1,411,855

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,481		$	19,431		$	28,307		$	—		$	49,219
Accrued liabilities and other	16,958			12,718			20,493			—			50,169
Debt	95,257			8,288			5,264			—			108,809
Royalty obligations	—			5,490			7,425			—			12,915
Reclamation	—			1,402			388			—			1,790
	113,696			47,329			61,877			—			222,902
NON-CURRENT LIABILITIES
Debt	373,956			17,848			228,647			(218,194		)	402,257
Royalty obligations	—			7,069			—			—			7,069
Reclamation	—			64,334			20,714			—			85,048
Deferred tax liabilities	28,430			6,778			96,251			—			131,459
Other long-term liabilities	2,070			4,731			60,160			—			66,961
Intercompany payable (receivable)	(502,222		)	392,069			110,153			—			—
	(97,766		)	492,829			515,925			(218,194		)	692,794
STOCKHOLDERS’ EQUITY
Common stock	1,624			250			163,455			(163,705		)	1,624
Additional paid-in capital	3,101,493			179,553			1,863,739			(2,043,292		)	3,101,493
Accumulated deficit	(2,606,675		)	(115,859		)	(1,928,999		)	2,044,858			(2,606,675		)
Accumulated other comprehensive income (loss)	(283		)	(283		)	—			283			(283		)
	496,159			63,661			98,195			(161,856		)	496,159
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	512,089		$	603,819		$	675,997		$	(380,050	)	$	1,411,855