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Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Sales of products $ 567,137 $ 577,775 $ 645,957
Cost of sales and other direct production costs 353,994 304,727 338,325
Depreciation, depletion and amortization [1] 134,044 120,599 123,631
Total cost of sales 488,038 425,326 461,956
Gross profit 79,099 152,449 184,001
Other operating expenses:      
General and administrative 36,542 35,611 45,040
Exploration 35,695 23,510 14,720
Pre-development 4,887 5,448 3,137
Research and development 5,441 3,276 243
Provision for closed operations and environmental matters 6,119 6,701 5,721
Other operating expense 1,596 2,513 3,153
(Gain) loss on disposition of properties, plants, equipment and mineral interests (2,793) (6,042) (147)
Suspension-related costs 20,693 21,301
Acquisition costs 10,045 25 2,695
Total other operating expense 118,225 92,343 74,562
Income (loss) from operations [1] (39,126) 60,106 109,439
Other income (expense):      
Gain (loss) on derivative contracts 40,253 (21,250) 4,423
Loss on disposition of investments (34) (166)
Unrealized loss on investments (2,816) (251) (177)
Net foreign exchange (loss) gain 10,310 (9,680) (2,737)
Other (expense) income (907) 1,692 507
Interest expense, net of amount capitalized (40,944) (38,012) (21,796)
Total other income (expense): 5,862 (67,663) (19,780)
(Loss) income before income taxes (33,264) (7,557) 89,659
Income tax benefit (provision) 6,701 (20,963) (28,090)
Net income (loss) (26,563) (28,520) 61,569
Preferred stock dividends (552) (552) (552)
(Loss) income applicable to common stockholders (27,115) (29,072) 61,017
Comprehensive (loss) income:      
Net income (loss) (26,563) (28,520) 61,569
Unrealized gain (loss) and amortization of prior service on pension plans (1,550) (1,326) 676
Unrealized gain (loss) on derivative contracts designated as hedge transactions (13,814) 10,290 (5,260)
Unrealized holding gains (losses) on investments (2,443) 2,098 1,613
Reclassification of disposition or impairment of investments included in net (loss) income 167 1,000
Total change in accumulated other comprehensive (loss) income, net (17,807) 11,229 (1,971)
Comprehensive (loss) income $ (44,370) $ (17,291) $ 59,598
Basic (loss) income per common share after preferred dividends (in dollars per share) $ (0.06) $ (0.07) $ 0.16
Diluted (loss) income per common share after preferred dividends (in dollars per share) $ (0.06) $ (0.07) $ 0.16
Weighted average number of common shares outstanding – basic (in shares) 433,419 397,394 386,416
Weighted average number of common shares outstanding – diluted (in shares) 433,419 397,394 389,322
[1] Amounts reported as of and for the years ended December 31, 2017 and 2016 have been revised. See Note 2 for more information.