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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities:    
Net income (loss) $ 28,872 $ (5,753)
Non-cash elements included in net income (loss):    
Depreciation, depletion and amortization 39,172 51,226
Inventory adjustments 1,558 7,671
Fair value adjustments, net (3,627) 1,852
Provision for reclamation and closure costs 1,908 1,846
Stock-based compensation 1,936 1,164
Deferred income taxes 13,221 (416)
Net foreign exchange loss (gain) 356 (3,982)
Other non-cash items, net 507 519
Change in assets and liabilities:    
Accounts receivable (29,314) (17,864)
Inventories (11,763) (18,746)
Other current and non-current assets 9,578 5,238
Accounts payable, accrued and other current liabilities (15,917) (8,819)
Accrued payroll and related benefits (168) 5,498
Accrued taxes 2,769 2,085
Accrued reclamation and closure costs and other non-current liabilities (3,350) (4,439)
Net cash provided by operating activities 35,738 17,080
Investing activities:    
Additions to property, plant and mine development (54,095) (47,589)
Proceeds from disposition of assets 55 47
Net cash used in investing activities (54,040) (47,542)
Financing activities:    
Proceeds from sale of common stock, net 0 1,103
Acquisition of treasury stock 0 (1,197)
Borrowing of debt 107,000 27,000
Repayment of debt (87,000) (15,000)
Dividends paid to common and preferred stockholders (2,511) (3,994)
Repayments of finance leases and other (2,287) (3,033)
Net cash provided by financing activities 15,202 4,879
Effect of exchange rates on cash (100) (624)
Net decrease in cash, cash equivalents and restricted cash and cash equivalents (3,200) (26,207)
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 28,045 107,539
Cash, cash equivalents and restricted cash and cash equivalents at end of period 24,845 81,332
Reconciliation of cash and cash equivalents and restricted cash and cash equivalents above to where reported on the consolidated balance sheet    
Cash and cash equivalents 23,668 80,169
Non-current restricted cash and cash equivalents 1,177 1,163
Total cash and cash equivalents and restricted cash and cash equivalents as reported on the consolidated cash flow statement 24,845 81,332
Supplemental disclosure of cash flow information:    
Cash paid for interest 20,118 18,706
Cash paid for income and mining taxes, net 864 127
Significant non-cash investing and financing activities:    
Common stock issued as incentive compensation 2,503 3,355
Common stock issued for 401(k) match $ 1,219 $ 1,251