XML 12 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
REVENUE:    
Gold and silver sales $ 21,190 $ 22,882
Total Revenue 21,190 22,882
COSTS AND EXPENSES:    
Production costs applicable to sales 9,067 10,454
Mine development costs 698 174
Exploration costs 1,740 2,342
Property holding costs 1,147 1,492
General and administrative 2,768 3,208
Depreciation 239 272
Accretion of asset retirement obligation (note 4) 124 101
Loss (Income) from investment in Minera Santa Cruz S.A., net of amortization (note 5) (4,963) (329)
Total costs and expenses 10,820 17,714
Operating income (loss) 10,370 5,168
OTHER INCOME (EXPENSE):    
Interest (expense) and other (expense) income 228 (98)
Foreign currency gain 783 (212)
Total other (expense) income 748 (310)
Gain on sale of marketable equity securities (note 2) 22  
Other-than-temporary impairment on marketable equity securities (note 2) (285)  
Gain (loss) before income taxes 11,118 4,858
Income taxes recovery (note 9) 1,867 1,163
Net income (loss) 12,985 6,021
OTHER COMPREHENSIVE LOSS    
Unrealized (loss) gain on available-for-sale securities, net of taxes (124) (165)
Comprehensive income (loss) $ 12,861 $ 5,856
Net income (loss) per share (note 10):    
Basic (in dollars per share) $ 0.04 $ 0.02
Diluted (in dollars per share) $ 0.04 $ 0.02
Weighted average common shares outstanding (thousands) (note 10):    
Basic (in shares) 298,242 297,255
Diluted (in shares) 298,554 297,266