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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities:    
Net Income (Loss) $ (41,282) $ (32,896)
Non-cash elements included in net (loss) income:    
Depreciation, depletion and amortization 111,705 106,743
Inventory adjustments 16,332 2,159
Fair value adjustments, net 5,774 3,486
Provision for reclamation and closure costs 7,805 4,789
Stock-based compensation 5,122 4,298
Deferred income taxes 795 (17,828)
Foreign exchange (gain) loss (434) (8,353)
Other non-cash items, net 1,624 2,454
Change in assets and liabilities:    
Accounts receivable 25,020 34,788
Inventories (24,339) (19,472)
Other current and non-current assets (15,045) (3,420)
Accounts payable, accrued and other current liabilities (2,389) (21,708)
Accrued payroll and related benefits (11,244) 1,679
Accrued taxes (1,008) (2,652)
Accrued reclamation and closure costs and other non-current liabilities (3,821) (297)
Cash provided by operating activities 74,615 53,770
Investing activities:    
Additions to properties, plants, equipment and mineral interests (161,265) (93,237)
Change in restricted cash 0 2,011
Proceeds from sale of investments 0 9,375
Proceeds from disposition of properties, plants and equipment 160 748
Purchases of investments (1,753) (30,540)
Acquisitions, net 0 8,952
Pre-acquisition advance to Alexco 0 (25,000)
Net cash used in investing activities (162,858) (127,691)
Financing activities:    
Proceeds from sale of common stock, net 25,888 4,542
Acquisition of treasury stock (2,036) (3,677)
Borrowing of debt 119,000 25,000
Repayment of debt (39,000) 0
Dividends paid to common and preferred stockholders (11,755) (10,549)
Credit facility fees paid 0 (517)
Repayments of finance leases (7,990) (5,222)
Net cash provided by (used in) financing activities 84,107 9,577
Effect of exchange rates on cash 77 (804)
Net (decrease) increase in cash, cash equivalents and restricted cash (4,059) (65,148)
Cash, cash equivalents and restricted cash at beginning of period 105,907 211,063
Cash, cash equivalents and restricted cash at end of period 101,848 145,915
Supplemental disclosure of cash flow information:    
Cash paid for interest 37,514 37,179
Cash paid for income and mining taxes, net 7,385 13,061
Significant non-cash investing and financing activities:    
Addition of finance lease obligations and right-of-use assets 16,092 9,692
Common stock issued to ATAC Resources Ltd. shareholders 18,789 0
Common stock issued to Alexco Resource Corp. shareholders 0 68,733
Common stock issued to settle acquired silver stream 0 135,000
Common stock issued to pension plans $ 0 $ 5,570