Supplemental Guarantor Information (Tables)

3 Months Ended

Mar. 31, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Comprehensive Income (Loss)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED MARCH 31, 2017

In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	107,194		$	98,944		$	—		$	206,138
COSTS AND EXPENSES
Costs applicable to sales(1)	—			71,202			61,510			—			132,712
Amortization	324			18,104			21,676			—			40,104
General and administrative	10,106			24			3			—			10,133
Exploration	336			1,727			3,189			—			5,252
Pre-development, reclamation, and other	175			1,781			2,625			—			4,581
Total costs and expenses	10,941			92,838			89,003			—			192,782
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	—			(1,200		)	—			—			(1,200		)
Other, net	15,222			5,458			1,873			(1,414		)	21,139
Interest expense, net of capitalized interest	(3,279		)	(175		)	(1,546		)	1,414			(3,586		)
Total other income (expense), net	11,943			4,083			327			—			16,353
Loss before income and mining taxes	1,002			18,439			10,268			—			29,709
Income and mining tax (expense) benefit	1,588			(2,434		)	(10,200		)	—			(11,046		)
Total loss after income and mining taxes	2,590			16,005			68			—			18,663
Equity income (loss) in consolidated subsidiaries	16,073			70			(67		)	(16,076		)	—
NET INCOME (LOSS)	$	18,663		$	16,075		$	1		$	(16,076	)	$	18,663
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	(2,182		)	(279		)	—			279			(2,182		)
Reclassification adjustments for impairment of equity securities, net of tax	121			121			—			(121		)	121
Reclassification adjustments for realized gain (loss) on sale of equity securities, net of tax	1,471			(369		)	—			369			1,471
Other comprehensive income (loss)	(590		)	(527		)	—			527			(590		)
COMPREHENSIVE INCOME (LOSS)	$	18,073		$	15,548		$	1		$	(15,549	)	$	18,073

(1) Excludes amortization.

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED MARCH 31, 2016

In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	93,954		$	54,433		$	—		$	148,387
COSTS AND EXPENSES
Costs applicable to sales(1)	—			62,364			39,191			—			101,555
Amortization	423			17,859			9,682			—			27,964
General and administrative	8,080			18			178			—			8,276
Exploration	623			184			924			—			1,731
Write-downs	—			—			4,446			—			4,446
Pre-development, reclamation, and other	452			1,416			2,336			—			4,204
Total costs and expenses	9,578			81,841			56,757			—			148,176
OTHER INCOME (EXPENSE), NET
Fair value adjustments, net	(1,582		)	(2,249		)	(4,864		)	—			(8,695		)
Other, net	338			2,254			(253		)	(1,025		)	1,314
Interest expense, net of capitalized interest	(10,255		)	(213		)	(1,677		)	1,025			(11,120		)
Total other income (expense), net	(11,499		)	(208		)	(6,794		)	—			(18,501		)
Income (Loss) before income and mining taxes	(21,077		)	11,905			(9,118		)	—			(18,290		)
Income and mining tax (expense) benefit	(209		)	(307		)	(1,590		)	—			(2,106		)
Income (Loss) after income and mining taxes	(21,286		)	11,598			(10,708		)	—			(20,396		)
Equity income (loss) in consolidated subsidiaries	890			(4,479		)	—			3,589			—
NET INCOME (LOSS)	$	(20,396	)	$	7,119		$	(10,708	)	$	3,589		$	(20,396	)
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on equity securities, net of tax	1,043			976			—			(976		)	1,043
Reclassification adjustments for realized loss on sale of equity securities, net of tax	588			(381		)	—			381			588
Other comprehensive income (loss)	1,631			595			—			(595		)	1,631
COMPREHENSIVE INCOME (LOSS)	$	(18,765	)	$	7,714		$	(10,708	)	$	2,994		$	(18,765	)

(1) Excludes amortization.

Condensed Cash Flow Statement

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2017

In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash provided by (used in) operating activities	$	(4,815	)	$	17,183		$	58,979		$	(16,076	)	55,271
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(319		)	(16,975		)	(6,685		)	—			(23,979		)
Proceeds from the sale of long-lived assets	8,916			6,151			(48		)	—			15,019
Purchase of investments	(1,016		)	—			—			—			(1,016		)
Sales and maturities of investments	9,157			863			—			—			10,020
Other	(1,486		)	—			(60		)	—			(1,546		)
Investments in consolidated subsidiaries	(12,454		)	(70		)	67			12,457			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	2,798			(10,031		)	(6,726		)	12,457			(1,502		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on debt, capital leases, and associated costs	—			(1,874		)	(1,352		)	—			(3,226		)
Net intercompany financing activity	14,318			(9,325		)	(8,612		)	3,619			—
Other	(3,247		)	—			—			—			(3,247		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	11,071			(11,199		)	(9,964		)	3,619			(6,473		)
Effect of exchange rate changes on cash and cash equivalents	—			—			555			—			555
NET CHANGE IN CASH AND CASH EQUIVALENTS	9,054			(4,047		)	42,844			—			47,851
Cash and cash equivalents at beginning of period	58,048			50,023			54,111			—			162,182
Cash and cash equivalents at end of period	$	67,102		$	45,976		$	96,955		$	—		$	210,033

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 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	$	(28,642	)	$	21,460		$	10,210		$	3,589		6,617
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(46		)	(12,790		)	(9,336		)	—			(22,172		)
Proceeds from the sale of long-lived assets	—			4,000			9			—			4,009
Purchase of investments	(7		)	—			—			—			(7		)
Sales and maturities of investments	501			496			—			—			997
Other	(1,539		)	107			(41		)	—			(1,473		)
Investments in consolidated subsidiaries	3,420			8,179			—			(11,599		)	—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	2,329			(8		)	(9,368		)	(11,599		)	(18,646		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on debt, capital leases, and associated costs	(250		)	(830		)	(4,891		)	—			(5,971		)
Gold production royalty payments	—			—			(9,131		)	—			(9,131		)
Net intercompany financing activity	(7,879		)	(24,965		)	24,834			8,010			—
Other	(280		)	—			—			—			(280		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(8,409		)	(25,795		)	10,812			8,010			(15,382		)
Effect of exchange rate changes on cash and cash equivalents	—			4			82			—			86
NET CHANGE IN CASH AND CASH EQUIVALENTS	(34,722		)	(4,339		)	11,736			—			(27,325		)
Cash and cash equivalents at beginning of period	96,123			34,228			70,363			—			200,714
Cash and cash equivalents at end of period	$	61,401		$	29,889		$	82,099		$	—		$	173,389

Condensed Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET

MARCH 31, 2017

In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	67,102		$	45,976		$	96,955		$	—		$	210,033
Receivables	(12		)	9,084			57,992			—			67,064
Ore on leach pads	—			66,585			—			—			66,585
Inventory	—			38,295			35,465			—			73,760
Prepaid expenses and other	7,719			3,699			11,032			—			22,450
	74,809			163,639			201,444			—			439,892
NON-CURRENT ASSETS
Property, plant and equipment, net	3,217			146,122			73,278			—			222,617
Mining properties, net	4,000			202,397			342,810			—			549,207
Ore on leach pads	—			72,461			—			—			72,461
Restricted assets	11,701			226			7,027			—			18,954
Equity securities	450			3,346			—			—			3,796
Receivables	—			—			15,558			—			15,558
Net investment in subsidiaries	274,724			11,720			(624		)	(285,820		)	—
Other	216,386			10,009			5,256			(216,386		)	15,265
TOTAL ASSETS	$	585,287		$	609,920		$	644,749		$	(502,206	)	$	1,337,750
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,547		$	21,364		$	24,459		$	—		$	47,370
Other accrued liabilities	7,234			9,555			21,210			—			37,999
Debt	—			7,852			5,599			—			13,451
Royalty obligations	—			4,961			—			—			4,961
Reclamation	—			2,754			850			—			3,604
	8,781			46,486			52,118			—			107,385
NON-CURRENT LIABILITIES
Debt	176,114			23,288			222,609			(216,386		)	205,625
Royalty obligations	—			4,316			—			—			4,316
Reclamation	—			76,443			21,152			—			97,595
Deferred tax liabilities	9,072			6,354			60,937			—			76,363
Other long-term liabilities	2,407			4,756			52,683			—			59,846
Intercompany payable (receivable)	(397,707		)	326,814			70,893			—			—
	(210,114		)	441,971			428,274			(216,386		)	443,745
STOCKHOLDERS’ EQUITY
Common stock	1,815			250			191,613			(191,863		)	1,815
Additional paid-in capital	3,314,644			181,683			1,809,557			(1,991,240		)	3,314,644
Accumulated deficit	(2,526,761		)	(57,455		)	(1,836,813		)	1,894,268			(2,526,761		)
Accumulated other comprehensive income (loss)	(3,078		)	(3,015		)	—			3,015			(3,078		)
	786,620			121,463			164,357			(285,820		)	786,620
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	585,287		$	609,920		$	644,749		$	(502,206	)	$	1,337,750

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2016

In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	58,048		$	50,023		$	54,111		$	—		$	162,182
Receivables	12			6,865			53,554			—			60,431
Ore on leach pads	—			64,167			—			—			64,167
Inventory	—			49,393			56,633			—			106,026
Prepaid expenses and other	3,803			1,459			12,719			—			17,981
	61,863			171,907			177,017			—			410,787
NON-CURRENT ASSETS
Property, plant and equipment, net	3,222			139,885			73,689			—			216,796
Mining properties, net	—			195,791			362,664			—			558,455
Ore on leach pads	—			67,231			—			—			67,231
Restricted assets	10,170			226			7,201			—			17,597
Equity securities	—			4,488			—			—			4,488
Receivables	—			—			30,951			—			30,951
Deferred tax assets	—			—			191			(191		)	—
Net investment in subsidiaries	273,056			11,650			—			(284,706		)	—
Other	221,381			9,263			3,153			(221,193		)	12,604
TOTAL ASSETS	$	569,692		$	600,441		$	654,866		$	(506,090	)	$	1,318,909
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	2,153		$	24,921		$	26,261		$	—		$	53,335
Other accrued liabilities	12,881			13,664			16,198			—			42,743
Debt	—			6,516			5,523			—			12,039
Royalty obligations	—			4,995			—			—			4,995
Reclamation	—			2,672			850			—			3,522
	15,034			52,768			48,832			—			116,634
NON-CURRENT LIABILITIES
Debt	175,991			15,214			229,036			(221,384		)	198,857
Royalty obligations	—			4,292			—			—			4,292
Reclamation	—			75,183			20,621			—			95,804
Deferred tax liabilities	13,810			6,179			54,809			—			74,798
Other long-term liabilities	1,993			4,750			53,294			—			60,037
Intercompany payable (receivable)	(405,623		)	336,813			68,810			—			—
	(213,829		)	442,431			426,570			(221,384		)	433,788
STOCKHOLDERS’ EQUITY
Common stock	1,809			250			197,913			(198,163		)	1,809
Additional paid-in capital	3,314,590			181,009			1,864,261			(2,045,270		)	3,314,590
Accumulated deficit	(2,545,424		)	(73,529		)	(1,882,710		)	1,956,239			(2,545,424		)
Accumulated other comprehensive income (loss)	(2,488		)	(2,488		)	—			2,488			(2,488		)
	768,487			105,242			179,464			(284,706		)	768,487
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	569,692		$	600,441		$	654,866		$	(506,090	)	$	1,318,909