Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2018

Financial information relating to the Company’s segments is as follows (in thousands):



Three months ended June 30, 2018	Palmarejo			Rochester			Silvertip			Kensington			Wharf			Other			Total
Revenue
Metal sales	$	70,744		$	33,668		$	—		$	35,735		$	29,840		$	—		$	169,987
Costs and Expenses
Costs applicable to sales⁽¹⁾	30,310			24,451			—			34,227			19,258			—			108,246
Amortization	14,633			4,793			—			6,441			3,353			239			29,459
Exploration	3,198			212			106			1,395			—			1,518			6,429
Other operating expenses	750			903			5			327			688			8,597			11,270
Other income (expense)
Fair value adjustments, net	—			—			—			—			—			(2,462		)	(2,462		)
Interest expense, net	(147		)	(125		)	(246		)	(231		)	(11		)	(5,258		)	(6,018		)
Other, net	755			466			60			(33		)	64			(768		)	544
Income and mining tax (expense) benefit	(3,646		)	(463		)	943			—			(1,036		)	485			(3,717		)
Income (loss) from continuing operations	$	18,815		$	3,187		$	646		$	(6,919	)	$	5,558		$	(18,357	)	$	2,930
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Segment assets⁽²⁾	$	373,310		$	253,638		$	390,155		$	215,753		$	99,878		$	115,170		$	1,447,904
Capital expenditures	$	9,479		$	669		$	19,045		$	10,708		$	1,162		$	102		$	41,165

(1) Excludes amortization

(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests



Three months ended June 30, 2017	Palmarejo			Rochester			Kensington			Wharf			Other			Total
Revenue
Metal sales	$	53,235		$	32,791		$	35,567		$	27,013		$	934		$	149,540
Costs and Expenses
Costs applicable to sales⁽¹⁾	33,894			24,161			27,988			15,768			418			102,229
Amortization	14,431			4,938			8,347			2,549			469			30,734
Exploration	3,124			315			1,980			3			2,391			7,813
Other operating expenses	310			831			350			632			8,987			11,110
Other income (expense)
Loss on debt extinguishment	—			—			—			—			(9,342		)	(9,342		)
Fair value adjustments, net	—			336			—			—			—			336
Interest expense, net	(102		)	(133		)	(113		)	(17		)	(3,379		)	(3,744		)
Other, net	(498		)	2,344			(57		)	336			1,849			3,974
Income and mining tax (expense) benefit	(3,229		)	44			—			(1,060		)	5,372			1,127
Income (loss) from continuing operations	$	(2,353	)	$	5,137		$	(3,268	)	$	7,320		$	(16,831	)	$	(9,995	)
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—		$	(550	)	$	(960	)
Segment assets⁽²⁾	$	397,254		$	241,381		$	207,103		$	104,311		$	83,338		$	1,033,387
Capital expenditures	$	11,202		$	13,816		$	8,649		$	1,471		$	1,969		$	37,107

(1) Excludes amortization

(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests



Six months ended June 30, 2018	Palmarejo			Rochester			Silvertip			Kensington			Wharf			Other			Total
Revenue
Metal sales	$	140,781		$	67,165		$	—		$	72,035		$	53,273		$	—		$	333,254
Costs and Expenses
Costs applicable to sales⁽¹⁾	61,406			48,756			—			62,857			34,567			—			207,586
Amortization	30,958			9,624			—			13,158			6,010			486			60,236
Exploration	7,168			245			106			2,985			10			2,598			13,112
Other operating expenses	1,481			1,787			25			648			1,353			19,005			24,299
Other income (expense)
Fair value adjustments, net	—			—			—			—			—			2,192			2,192
Interest expense, net	(266		)	(223		)	(656		)	(474		)	(23		)	(10,341		)	(11,983		)
Other, net	(1,389		)	426			422			(70		)	43			1,625			1,057
Income and mining tax (expense) benefit	(16,089		)	(834		)	1,778			—			(1,675		)	1,154			(15,666		)
Income (loss) from continuing operations	$	22,024		$	6,122		$	1,413		$	(8,157	)	$	9,678		$	(27,459	)	$	3,621
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—		$	—		$	550		$	550
Segment assets⁽²⁾	$	373,310		$	253,638		$	390,155		$	215,753		$	99,878		$	115,170		$	1,447,904
Capital expenditures	$	18,772		$	3,302		$	37,674		$	22,072		$	1,506		$	184		$	83,510

(1) Excludes amortization

(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests



Six months ended June 30, 2017	Palmarejo			Rochester			Kensington			Wharf			Other			Total
Revenue
Metal sales	$	130,939		$	71,770		$	73,531		$	57,264		$	1,590		$	335,094
Costs and Expenses													—
Costs applicable to sales⁽¹⁾	76,895			50,600			56,431			32,088			705			216,719
Amortization	34,581			10,754			17,525			5,660			907			69,427
Exploration	4,755			459			2,819			3			5,029			13,065
Other operating expenses	611			1,641			695			1,251			20,874			25,072
Other income (expense)
Loss on debt extinguishment	—			—			—			—			(9,342		)	(9,342		)
Fair value adjustments, net	—			(864		)	—			—			—			(864		)
Interest expense, net	(227		)	(250		)	(153		)	(36		)	(6,657		)	(7,323		)
Other, net	(127		)	2,312			(865		)	425			23,028			24,773
Income and mining tax (expense) benefit	(14,415		)	(454		)	—			(2,016		)	7,134			(9,751		)
Income (loss) from continuing operations	$	(672	)	$	9,060		$	(4,957	)	$	16,635		$	(11,762	)	$	8,304
Income (loss) from discontinued operations	$	—		$	—		$	—		$	—		$	(596	)	$	(596	)
Segment assets⁽²⁾	$	397,254		$	241,381		$	207,103		$	104,311		$	83,338		$	1,033,387
Capital expenditures	$	17,432		$	24,384		$	14,170		$	2,358		$	2,354		$	60,698

(1) Excludes amortization

(2) Segment assets include receivables, prepaids, inventories, property, plant and equipment, and mineral interests



Assets	June 30, 2018		December 31, 2017
Total assets for reportable segments	$	1,447,904	$	1,344,553
Cash and cash equivalents	123,539		192,032
Other assets	64,461		164,590
Total consolidated assets	$	1,635,904	$	1,701,175



Assets	June 30, 2018		December 31, 2017
Total assets for reportable segments	$	1,447,904	$	1,344,553
Cash and cash equivalents	123,539		192,032
Other assets	64,461		164,590
Total consolidated assets	$	1,635,904	$	1,701,175

Geographic Information