Supplemental Guarantor Information (Tables)

6 Months Ended

Jun. 30, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Comprehensive Income (Loss)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

SIX MONTHS ENDED JUNE 30, 2017

In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenue	$	—		$	202,565		$	176,927		$	—		$	379,492
COSTS AND EXPENSES
Costs applicable to sales(1)	—			139,118			119,215			—			258,333
Amortization	622			33,939			38,489			—			73,050
General and administrative	17,066			20			89			—			17,175
Exploration	731			4,944			7,390			—			13,065
Pre-development, reclamation, and other	773			3,671			4,503			—			8,947
Total costs and expenses	19,192			181,692			169,686			—			370,570
OTHER INCOME (EXPENSE), NET
Loss on debt extinguishments	(9,342		)	—			—			—			(9,342		)
Fair value adjustments, net	—			(864		)	—			—			(864		)
Other, net	17,222			7,935			2,944			(2,826		)	25,275
Interest expense, net of capitalized interest	(6,656		)	(439		)	(3,066		)	2,826			(7,335		)
Total other income (expense), net	1,224			6,632			(122		)	—			7,734
Loss before income and mining taxes	(17,968		)	27,505			7,119			—			16,656
Income and mining tax (expense) benefit	4,983			(3,372		)	(10,559		)	—			(8,948		)
Total loss after income and mining taxes	(12,985		)	24,133			(3,440		)	—			7,708
Equity income (loss) in consolidated subsidiaries	20,693			1,209			(305		)	(21,597		)	—
NET INCOME (LOSS)	$	7,708		$	25,342		$	(3,745	)	$	(21,597	)	$	7,708
OTHER COMPREHENSIVE INCOME (LOSS), net of tax:
Unrealized gain (loss) on marketable securities, net of tax	(2,200		)	(748		)	—			748			(2,200		)
Reclassification adjustments for impairment of equity securities, net of tax	426			426			—			(426		)	426
Reclassification adjustments for realized gain (loss) on sale of equity securities, net of tax	1,268			(572		)	—			572			1,268
Other comprehensive income (loss)	(506		)	(894		)	—			894			(506		)
COMPREHENSIVE INCOME (LOSS)	$	7,202		$	24,448		$	(3,745	)	$	(20,703	)	$	7,202

(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
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		)
Income (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		)
Income (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	)

(1) Excludes amortization.

Condensed Cash Flow Statement

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

SIX MONTHS ENDED JUNE 30, 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	$	(9,820	)	$	32,027		52,577	$	83,940		$	(21,597	)	84,550
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures	(1,308		)	(40,912		)	52,577	(19,241		)	—			(61,461		)
Proceeds from the sale of long-lived assets	8,917			6,594			52,577	(56		)	—			15,455
Purchase of investments	(9,964		)	—			52,577	—			—			(9,964		)
Sales and maturities of investments	9,157			1,761			52,577	—			—			10,918
Other	(1,486		)	—			52,577	(121		)	—			(1,607		)
Investments in consolidated subsidiaries	(13,004		)	753			52,577	307			11,944			—
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES	(7,688		)	(31,804		)		(19,111		)	11,944			(46,659		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of notes and bank borrowings	244,958			—			52,577	—			—			244,958
Payments on debt, capital leases, and associated costs	(185,538		)	(3,895		)	52,577	(2,724		)	—			(192,157		)
Net intercompany financing activity	7,638			1,561			52,577	(18,852		)	9,653			—
Other	(3,720		)	—			52,577	—			—			(3,720		)
CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	63,338			(2,334		)		(21,576		)	9,653			49,081
Effect of exchange rate changes on cash and cash equivalents	—			—				884			—			884
NET CHANGE IN CASH AND CASH EQUIVALENTS	45,830			(2,111		)		44,137			—			87,856
Cash and cash equivalents at beginning of period	58,048			50,023				54,111			—			162,182
Cash and cash equivalents at end of period	$	103,878		$	47,912			$	98,248		$	—		$	250,038

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:
Issuance of common stock	73,071			—			—			—			73,071
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			—
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 Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET

JUNE 30, 2017

In thousands	Coeur Mining, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents	$	103,878		$	47,912		$	98,248		$	—		$	250,038
Receivables	54			13,527			56,075			—			69,656
Ore on leach pads	—			75,699			—			—			75,699
Inventory	—			35,099			32,796			—			67,895
Prepaid expenses and other	6,696			2,366			9,501			—			18,563
	110,628			174,603			196,620			—			481,851
NON-CURRENT ASSETS
Property, plant and equipment, net	3,908			146,826			77,004			—			227,738
Mining properties, net	4,000			210,785			335,462			—			550,247
Ore on leach pads	—			69,954			—			—			69,954
Restricted assets	11,711			226			7,357			—			19,294
Equity securities	9,930			1,942			—			—			11,872
Receivables	—			—			15,140			—			15,140
Net investment in subsidiaries	274,908			12,858			(861		)	(286,905		)	—
Other	211,384			10,186			8,366			(211,384		)	18,552
TOTAL ASSETS	$	626,469		$	627,380		$	639,088		$	(498,289	)	$	1,394,648
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable	$	1,599		$	24,168		$	33,033		$	—		$	58,800
Other accrued liabilities	5,638			12,299			23,313			—			41,250
Debt	—			7,338			5,676			—			13,014
Reclamation	—			2,749			850			—			3,599
	7,237			46,554			62,872			—			116,663
NON-CURRENT LIABILITIES
Debt	244,827			22,163			216,160			(211,384		)	271,766
Reclamation	—			77,743			21,798			—			99,541
Deferred tax liabilities	5,304			6,137			63,947			—			75,388
Other long-term liabilities	2,390			4,758			46,631			—			53,779
Intercompany payable (receivable)	(410,800		)	336,771			74,029			—			—
	(158,279		)	447,572			422,565			(211,384		)	500,474
STOCKHOLDERS’ EQUITY
Common stock	1,814			250			193,175			(193,425		)	1,814
Additional paid-in capital	3,316,407			182,611			1,809,559			(1,992,170		)	3,316,407
Accumulated deficit	(2,537,716		)	(46,225		)	(1,849,083		)	1,895,308			(2,537,716		)
Accumulated other comprehensive income (loss)	(2,994		)	(3,382		)	—			3,382			(2,994		)
	777,511			133,254			153,651			(286,905		)	777,511
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	626,469		$	627,380		$	639,088		$	(498,289	)	$	1,394,648

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
Net investment in subsidiaries	273,056			11,650			—			(284,706		)	—
Other	221,381			9,263			3,344			(221,384		)	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