Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Financial information relating to the reporting segments

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

Three Months Ended March 31, 2021	Palmarejo		Rochester		Kensington		Wharf		Silvertip		Other		Total
Revenue
Gold sales	$	37,567	$	12,440	$	54,466	$	33,849	$	—	$	—	$	138,322
Silver sales	42,778		20,317		—		700		—		—		63,795
Metal sales	80,345		32,757		54,466		34,549		—		—		202,117
Costs and Expenses
Costs applicable to sales(1)	33,988		24,033		31,394		18,732		—		—		108,147
Amortization	9,059		3,577		13,445		2,475		1,086		295		29,937
Exploration	1,693		472		1,109		67		2,932		3,393		9,666
Other operating expenses	1,270		1,448		2,995		185		6,555		12,813		25,266
Other income (expense)
Loss on debt extinguishment	—		—		—		—		—		(9,173)		(9,173)
Fair value adjustments, net	—		—		—		—		—		(3,799)		(3,799)
Interest expense, net	(187)		(222)		(232)		(37)		45		(4,277)		(4,910)
Other, net	(665)		(61)		—		24		(102)		4,431		3,627
Income and mining tax (expense) benefit	(11,340)		(138)		(334)		(1,129)		—		155		(12,786)
Net Income (loss)	$	22,143	$	2,806	$	4,957	$	11,948	$	(10,630)	$	(29,164)	$	2,060
Segment assets(2)	$	306,648	$	388,047	$	162,727	$	79,018	$	169,328	$	177,516	$	1,283,284
Capital expenditures	$	9,983	$	30,177	$	7,202	$	1,481	$	10,387	$	194	$	59,424

(1) Excludes amortization

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

Three Months Ended March 31, 2020	Palmarejo		Rochester		Kensington		Wharf		Silvertip		Other		Total
Revenue
Gold sales	$	41,647	$	8,666	$	51,666	$	25,626	$	—	$	—	$	127,605
Silver sales	32,692		10,739		—		248		1,230		$	—	44,909
Zinc sales	—		—		—		—		(662)		—		(662)
Lead sales	—		—		—		—		1,315		—		1,315
Metal sales	74,339		19,405		51,666		25,874		1,883		—		173,167
Costs and Expenses
Costs applicable to sales(1)	35,974		16,956		30,507		17,823		17,657		—		118,917
Amortization	13,175		2,904		11,922		2,444		5,345		372		36,162
Exploration	1,492		220		1,772		4		251		2,647		6,386
Other operating expenses	722		1,246		331		442		2,374		10,360		15,475
Other income (expense)
Loss on debt extinguishment	—		—		—		—		—		—		—
Fair value adjustments, net	—		—		—		—		—		(8,819)		(8,819)
Interest expense, net	(155)		(268)		(309)		(51)		(259)		(4,086)		(5,128)
Other, net	(47)		(53)		71		(13)		1,130		793		1,881
Income and mining tax (expense) benefit	2,287		(43)		—		(475)		—		2,170		3,939
Net Income (loss)	$	25,061	$	(2,285)	$	6,896	$	4,622	$	(22,873)	$	(23,321)	$	(11,900)
Segment assets(2)	$	307,662	$	295,972	$	188,470	$	85,531	161,214		$	164,745	$	1,203,594
Capital expenditures	$	7,080	$	5,058	$	4,808	$	409	4,616		$	237	$	22,208

(1) Excludes amortization

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

Consolidated Assets

Assets	March 31, 2021		December 31, 2020
Total assets for reportable segments	$	1,283,284	$	1,232,153
Cash and cash equivalents	154,066		92,794
Other assets	78,065		79,030
Total consolidated assets	$	1,515,415	$	1,403,977

Long Lived Assets by Country

Geographic Information

Long-Lived Assets	March 31, 2021		December 31, 2020
United States	$	530,895	$	503,818
Mexico	294,702		293,436
Canada	162,072		149,018
Other	127		657
Total	$	987,796	$	946,929

Revenue by Country

Revenue	Three months ended March 31,
	2021		2020
United States	$	121,772	$	96,945
Mexico	80,345		74,339
Canada	—		1,883
Total	$	202,117	$	173,167