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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Sales of products $ 645,957 $ 443,567 $ 500,781
Cost of sales and other direct production costs 338,983 293,567 304,446
Depreciation, depletion and amortization 115,468 111,489 111,134
Total cost of sales 454,451 405,056 304,446
Gross profit 191,506 38,511 85,201
Other operating expenses:      
General and administrative 45,040 34,201 31,538
Exploration 14,720 17,745 17,698
Pre-development 3,137 4,213 1,969
Research and development 243
Provision for closed operations and environmental matters 5,721 12,220 10,098
Other operating expense 3,153 3,177 2,295
(Gain) loss on disposition of properties, plants, equipment and mineral interests (147) 404 (25)
Acquisition costs 2,695 2,162
Total other operating expense 74,562 74,122 63,573
Income (loss) from operations 116,944 (35,611) 21,628
Other income (expense):      
Gain on derivative contracts 4,423 8,252 9,134
Net (loss) on sale of investments (44)
Unrealized loss on investments (177) (3,333) (3,224)
Net foreign exchange (loss) gain (2,926) 24,551 11,535
Interest and other income 507 916 286
Interest expense, net of amount capitalized (21,796) (25,389) (26,775)
Total other (expense) income: (19,969) 4,953 (9,044)
Income (loss) before income taxes 96,975 (30,658) 12,584
Income tax (provision) benefit (27,428) (56,310) 5,240
Net income (loss) 69,547 (86,968) 17,824
Preferred stock dividends (552) (552) (552)
Income (loss) applicable to common stockholders 68,995 (87,520) 17,272
Comprehensive income (loss):      
Net income (loss) 69,547 (86,968) 17,824
Unrealized gain (loss) and amortization of prior service on pension plans 676 (850) (6,875)
Change in fair value of derivative contracts designated as hedge transactions (5,260)
Unrealized holding gains (losses) on investments 1,613 (2,743) (1,282)
Reclassification of impairment of investments included in net income (loss) 1,000 2,993 2,425
Total change in accumulated other comprehensive income (loss), net (1,971) (600) (5,732)
Comprehensive income (loss) $ 67,576 $ (87,568) $ 12,092
Basic income (loss) per common share after preferred dividends (in dollars per share) $ 0.18 $ (0.23) $ 0.05
Diluted income (loss) per common share after preferred dividends (in dollars per share) $ 0.18 $ (0.23) $ 0.05
Weighted average number of common shares outstanding – basic (in shares) 386,416 373,954 353,442
Weighted average number of common shares outstanding – diluted (in shares) 389,322 373,954 357,435