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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:        
NET INCOME (LOSS) $ (54,768) $ 26,856 $ (20,562) $ 13,747
Adjustments:        
Amortization 30,962 32,216 92,872 96,254
Accretion 3,028 2,969 8,898 8,724
Deferred income taxes (5,964) (4,515) (740) (11,547)
Loss on debt extinguishment 0 0 9,173 0
Fair value adjustments, net 26,440 (2,243) (7,000) (3,491)
Stock-based compensation 2,671 1,969 10,183 6,269
Gain on Modification of Lease 0 0 0 (4,051)
Inventory Write-down 31,249 1,232 31,249 16,821
Revenue Recognized (307) (5,485) (15,908) (21,167)
Foreign exchange and other 1,493 4,379 (339) 2,374
Changes in operating assets and liabilities:        
Receivables (944) (1,497) 1,016 (3,846)
Prepaid expenses and other current assets (80) (1,921) 593 (1,186)
Inventories (3,820) (3,066) (18,047) (33,047)
Accounts payable and accrued liabilities (8,114) 28,570 (15,842) 15,566
CASH PROVIDED (USED IN) BY OPERATING ACTIVITIES 21,846 79,464 75,546 81,420
CASH FLOWS FROM INVESTING ACTIVITIES:        
Capital expenditures (71,266) (22,996) (208,913) (61,886)
Proceeds from the sale of assets 61 730 5,617 5,245
Purchase of investments (1,079) (2,500) (1,955) (2,500)
Sale of investments 0 0 935 19,802
Other (12) (25) (42) (225)
CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (72,296) (24,791) (204,358) (39,564)
CASH FLOWS FROM FINANCING ACTIVITIES:        
Issuance of notes and bank borrowings, net of issuance costs 20,000 0 387,493 150,000
Payments on long-term debt, capital leases, and associated costs (7,944) (48,557) (261,522) (150,171)
Gold production royalty payments 0 0 0 (18,750)
Other (20) 114 (4,178) (1,718)
CASH PROVIDED (USED IN) BY FINANCING ACTIVITIES 12,036 (48,443) 121,793 (20,639)
Effect of exchange rate changes on cash and cash equivalents (253) (10) (360) 293
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (38,667) 6,220 (7,379) 21,510
Cash, cash equivalents and restricted cash at beginning of period 125,458 72,308 94,170 57,018
Cash, cash equivalents and restricted cash at end of period $ 86,791 $ 78,528 $ 86,791 $ 78,528