Summary of Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2011

Summary of Quarterly Financial Data [Abstract]

SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 22 — SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)

The following table sets forth a summary of the quarterly results of operations for the years ended December 31, 2011 and 2010 (In thousands, except per share data):

	Q1		Q2		Q3		Q4
2011
Sales of metals	$	199,624	$	231,090	$	343,575	$	246,911
Income from continuing operations		12,464		38,611		31,060		11,364
Net income	$	12,464	$	38,611	$	31,060	$	11,364
Depreciation, depletion, and amortization		50,041		57,641		58,652		58,166
Production costs		92,474		77,102		141,253		109,127
Explorations		2,762		4,077		4,772		7,517
Other operating expenses		15,805		12,931		11,507		10,577
Cash provided by operating activities		35,786		111,065		181,911		87,411
Capital expenditures		15,918		25,764		38,099		40,207
Basic net loss per share:
Income from continuing operations		0.14		0.43		0.35		0.13
Net income	$	0.14	$	0.43	$	0.35	$	0.13
Diluted net income per share:
Income from continuing operations		0.14		0.43		0.35		0.13
Net income	$	0.14	$	0.43	$	0.35	$	0.13

	Q1			Q2			Q3(1)			Q4
2010
Sales of metals	$	88,289		$	101,018		$	118,564		$	207,586
Loss from continuing operations		(10,046	)		(44,801	)		(23,259	)		(5,078	)
Income (loss) from discontinued operations(1)		(2,812	)		(5,943	)		631			—
Net loss	$	(12,858	)	$	(50,744	)	$	(22,628	)	$	(5,078	)
Depreciation, depletion, and amortization		28,773			29,983			37,801			45,062
Production costs		51,019			58,590			60,402			87,625
Explorations		2,520			3,161			3,804			4,764
Other operating expenses		8,180			7,424			6,045			3,417
Cash provided by operating activities		(9,231	)		32,456			12,939			129,399
Capital expenditures		47,189			45,467			36,783			26,555
Basic net loss per share:
Loss from continuing operations		(0.12	)		(0.51	)		(0.26	)		(0.06	)
Income (loss) from discontinued operations(1)		(0.04	)		(0.07	)		0.01			—
Net loss	$	(0.16	)	$	(0.58	)	$	(0.25	)	$	(0.06	)
Diluted net loss per share:
Loss from continuing operations		(0.12	)		(0.51	)		(0.26	)		(0.06	)
Income (loss) from discontinued operations(1)		(0.04	)		(0.07	)		0.01			—
Net loss	$	(0.16	)	$	(0.58	)	$	(0.25	)	$	(0.06	)

(1) In August 2010, the Company sold its 100% interest in Compañía Minera Cerro Bayo to Mandalay Resources Corporation.