XML 52 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Sales of products $ 119,092us-gaap_SalesRevenueGoodsGross $ 125,787us-gaap_SalesRevenueGoodsGross
Cost of sales and other direct production costs 73,965us-gaap_CostOfGoodsSold 77,741us-gaap_CostOfGoodsSold
Depreciation, depletion and amortization 25,254us-gaap_CostOfGoodsSoldDepreciationAndAmortization 25,803us-gaap_CostOfGoodsSoldDepreciationAndAmortization
99,219us-gaap_CostOfRevenue 103,544us-gaap_CostOfRevenue
Gross profit 19,873us-gaap_GrossProfit 22,243us-gaap_GrossProfit
Other operating expenses:    
General and administrative 8,720us-gaap_GeneralAndAdministrativeExpense 7,941us-gaap_GeneralAndAdministrativeExpense
Exploration 4,615hl_Exploration 4,150hl_Exploration
Pre-development 521hl_Predevelopment 419hl_Predevelopment
Other operating expense 628us-gaap_OtherCostAndExpenseOperating 718us-gaap_OtherCostAndExpenseOperating
Provision for closed operations and environmental matters 467us-gaap_EnvironmentalRemediationExpense 1,104us-gaap_EnvironmentalRemediationExpense
14,951us-gaap_OperatingExpenses 14,332us-gaap_OperatingExpenses
Income from operations 4,922us-gaap_OperatingIncomeLoss 7,911us-gaap_OperatingIncomeLoss
Other income (expense):    
Unrealized (loss) gain on investments (2,843)us-gaap_UnrealizedGainLossOnInvestments 688us-gaap_UnrealizedGainLossOnInvestments
Gain on derivative contracts 5,792us-gaap_GainLossOnSaleOfDerivatives 9,452us-gaap_GainLossOnSaleOfDerivatives
Net foreign exchange gain 12,274us-gaap_ForeignCurrencyTransactionGainLossRealized 4,134us-gaap_ForeignCurrencyTransactionGainLossRealized
Interest and other income 38us-gaap_InterestAndOtherIncome 79us-gaap_InterestAndOtherIncome
Interest expense, net of amounts capitalized (6,192)us-gaap_InterestExpense (6,840)us-gaap_InterestExpense
9,069us-gaap_NonoperatingIncomeExpense 7,513us-gaap_NonoperatingIncomeExpense
Income before income taxes 13,991us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 15,424us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision (1,439)us-gaap_IncomeTaxExpenseBenefit (3,783)us-gaap_IncomeTaxExpenseBenefit
Net income 12,552us-gaap_NetIncomeLoss 11,641us-gaap_NetIncomeLoss
Reclassification of impairment of investments included in net income 2,827us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax  
Unrealized holding gains (losses) on investments (891)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax 1,350us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
Preferred stock dividends (138)us-gaap_DividendsPreferredStock (138)us-gaap_DividendsPreferredStock
Income applicable to common stockholders 12,414us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 11,503us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net income 12,552us-gaap_NetIncomeLoss 11,641us-gaap_NetIncomeLoss
Reclassification of impairment of investments included in net income 2,827us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax  
Unrealized holding gains (losses) on investments (891)us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax 1,350us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
Comprehensive income $ 14,488us-gaap_ComprehensiveIncomeNetOfTax $ 12,991us-gaap_ComprehensiveIncomeNetOfTax
Basic income per common share after preferred dividends (in Dollars per share) $ 0.03us-gaap_EarningsPerShareBasic $ 0.03us-gaap_EarningsPerShareBasic
Diluted income per common share after preferred dividends (in Dollars per share) $ 0.03us-gaap_EarningsPerShareDiluted $ 0.03us-gaap_EarningsPerShareDiluted
Weighted average number of common shares outstanding - basic (in Shares) 368,789us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 342,666us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average number of common shares outstanding - diluted (in Shares) 369,691us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 350,018us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding