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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Sales of products $ 140,839 $ 179,393 $ 417,662 $ 481,712
Cost of sales and other direct production costs 68,358 90,529 224,537 249,162
Depreciation, depletion and amortization 28,844 30,179 83,365 84,592
Total cost of sales 97,202 120,708 307,902 333,754
Gross profit 43,637 58,685 109,760 147,958
Other operating expenses:        
General and administrative 9,529 11,155 29,044 31,728
Exploration 7,255 3,859 17,622 10,171
Pre-development 1,757 550 4,061 1,475
Research and development 1,130 2,125
Other operating expense 134 962 1,615 2,535
Gain on disposition of properties, plants, equipment and mineral interests (4,830) (8) (4,924) (319)
Provision for closed operations and reclamation 2,940 2,162 5,044 4,779
Lucky Friday suspension-related costs 4,780 14,385
Acquisition costs 1,765 2,167
Total other operating expense 22,695 20,445 68,972 52,536
Income from operations 20,942 38,240 40,788 95,422
Other income (expense):        
(Loss) gain on derivative contracts (11,226) 7 (16,548)
Loss on disposition of investments (167)
Unrealized (loss) gain on investments (124) 49 (73) 488
Foreign exchange (loss) gain (4,764) 2,375 (10,909) (7,713)
Interest and other income 541 145 1,185 346
Interest expense, net of amount capitalized (9,358) (5,574) (28,423) (16,655)
Total other expense (24,931) (2,998) (54,935) (23,534)
(Loss) income before income taxes (3,989) 35,242 (14,147) 71,888
Income tax benefit (provision) 5,401 (9,453) 18,377 (22,603)
Net income (loss) 1,412 25,789 4,230 49,285
Preferred stock dividends (138) (138) (414) (414)
Income applicable to common shareholders 1,274 25,651 3,816 48,871
Comprehensive income:        
Net income 1,412 25,789 4,230 49,285
Reclassification of loss on disposition or impairment of marketable securities included in net income 167 1,000
Unrealized loss and amortization of prior service on pension plans (16)
Change in fair value of derivative contracts designated as hedge transactions 6,760 (1,602) 12,068 (1,556)
Unrealized holding gains on investments 892 987 1,483 2,245
Comprehensive income $ 9,048 $ 25,174 $ 17,948 $ 50,974
Basic income per common share after preferred dividends (in dollars per share) $ 0 $ 0.07 $ 0.01 $ 0.13
Diluted income per common share after preferred dividends (in dollars per share) $ 0 $ 0.07 $ 0.01 $ 0.13
Weighted average number of common shares outstanding - basic (in shares) 398,848 387,578 396,809 383,458
Weighted average number of common shares outstanding - diluted (in shares) 401,258 389,918 400,176 386,318
Cash dividends declared per common share (in dollars per share) $ 0.0025 $ 0.0025 $ 0.0075 $ 0.0075