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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Sales $ 199,500 $ 186,499
Cost of sales and other direct production costs 125,550 105,772
Depreciation, depletion and amortization 39,002 35,298
Total cost of sales 164,552 141,070
Gross profit 34,948 45,429
Other operating expenses:    
General and administrative 12,070 8,294
Exploration and pre-development 4,967 12,808
Ramp-up and suspension costs 11,336 6,205
Provision for closed operations and environmental matters 1,044 901
Other operating (income) expense (22) 2,463
Total other operating expenses 29,395 30,671
Income from operations 5,553 14,758
Other income (expense):    
Interest expense (10,165) (10,406)
Fair value adjustments, net 3,181 5,965
Net foreign exchange gain (loss) 108 (2,038)
Other income 1,392 1,505
Total other expense (5,484) (4,974)
Income before income and mining taxes 69 9,784
Income and mining tax expense (3,242) (5,631)
Net (loss) income (3,173) 4,153
Preferred stock dividends (138) (138)
Net (loss) income applicable to common stockholders (3,311) 4,015
Comprehensive income (loss):    
Net (loss) income (3,173) 4,153
Change in fair value of derivative contracts designated as hedge transactions 6,516 (33,165)
Comprehensive income (loss) $ 3,343 $ (29,012)
Basic (loss) income per common share after preferred dividends $ (0.01) $ 0.01
Diluted (loss) income per common share after preferred dividends $ (0.01) $ 0.01
Weighted average number of common shares outstanding - basic 600,075,000 538,490,000
Weighted average number of common shares outstanding - diluted 600,075,000 544,061,000
Cash dividends declared per common share $ 0.01 $ 0.01