SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)

NOTE 24 – SUMMARY OF QUARTERLY FINANCIAL DATA (UNAUDITED)

The following table sets forth a summary of the unaudited quarterly results of operations for the years ended December 31, 2012 and 2011 (In thousands, except per share data):

	Q1		Q2		Q3			Q4
2012
Sales of metals	$	204,564	$	254,406	$	230,593		$	205,929
Income (loss) from continuing operations		3,975		22,973		(15,821	)		37,550
Net income (loss)		3,975		22,973		(15,821	)		37,550
Depreciation, depletion, and amortization		52,592		61,024		52,844			52,397
Production costs		92,554		131,823		124,967			107,413
Exploration expenses		6,567		6,305		6,957			6,441
Other operating expenses (general and administrative, pre-development, and loss on impairment)		8,664		13,680		11,836			5,883
Cash provided by operating activities		17,002		113,203		79,735			61,694
Capital expenditures		31,647		32,238		29,972			21,784
Basic net income (loss) per share:
Income (loss) from continuing operations		0.04		0.26		(0.18	)		0.42
Net income (loss)	$	0.04	$	0.26	$	(0.18	)	$	0.42
Diluted net income (loss) per share:
Income (loss) from continuing operations		0.04		0.26		(0.18	)		0.42
Net income (loss)	$	0.04	$	0.26	$	(0.18	)	$	0.42

	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
Exploration expenses		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 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
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