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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net income (loss) $ 26,834 $ (618)
Non-cash elements included in net income (loss):    
Depreciation, depletion and amortization 29,590 26,153
Unrealized (gain) loss on investments (327) 711
Loss on disposal of investments 167
Gain on disposition of properties, plants, equipment, and mineral interests (32) (210)
Provision for reclamation and closure costs 1,026 999
Stock compensation 1,349 1,231
Deferred income taxes (21,234) 3,320
Amortization of loan origination fees 480 459
Loss on derivative contracts 7,343 170
Foreign exchange loss 506 7,989
Other non-cash gains, net 2 6
Change in assets and liabilities:    
Accounts receivable (8,738) (20,036)
Inventories (3,358) (5,922)
Other current and non-current assets 1,363 (619)
Accounts payable and accrued liabilities (1,510) 10,036
Accrued payroll and related benefits 6,881 (2,826)
Accrued taxes 1,754 (37)
Accrued reclamation and closure costs and other non-current liabilities (3,811) (2,058)
Cash provided by operating activities 38,285 18,748
Investing activities:    
Additions to properties, plants, equipment and mineral interests (21,658) (34,654)
Proceeds from disposition of properties, plants and equipment 61 215
Purchases of investments (11,113)
Maturities of investments 3,634
Addition to restricted cash for environmental matters (3,900)
Net cash used in investing activities (29,076) (38,339)
Financing activities:    
Proceeds from sale of common stock, net of offering costs 2,052
Acquisition of treasury shares (731) (1,256)
Dividends paid to common stockholders (989) (952)
Dividends paid to preferred stockholders (138) (138)
Credit facility fees paid (91) (59)
Repayments of debt (470) (664)
Repayments of capital leases (1,595) (2,118)
Net cash used in financing activities (4,014) (3,135)
Effect of exchange rates on cash 1,814 1,535
Net increase (decrease) in cash and cash equivalents 7,009 (21,191)
Cash and cash equivalents at beginning of period 169,777 155,209
Cash and cash equivalents at end of period 176,786 134,018
Significant non-cash investing and financing activities:    
Addition of capital lease obligations 1,798
Payment of accrued compensation in stock $ 4,240 $ 5,511