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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 62,452 $ 27,389
Accounts receivable:    
Trade 11,952 4,184
Taxes 20,048 14,191
Other, net 6,421 7,443
Inventories:    
Concentrates, doré, stockpiled ore, and metals in transit and in-process 30,364 53,172
Materials and supplies 35,849 34,361
Prepaid taxes 107 12,231
Other current assets 11,931 11,179
Total current assets 179,124 164,150
Non-current investments 6,207 6,583
Non-current restricted cash and investments 1,025 1,025
Properties, plants, equipment and mineral interests, net 2,423,698 2,520,004
Operating lease right-of-use assets 16,381 0
Deferred income taxes 3,537 1,987
Other non-current assets 7,336 10,195
Total assets 2,637,308 2,703,944
Current liabilities:    
Accounts payable and accrued liabilities 57,716 77,861
Accrued payroll and related benefits 26,916 30,034
Accrued taxes 4,776 7,727
Current portion of finance leases 5,429 5,264
Current portion of operating leases 5,580 0
Current portion of accrued reclamation and closure costs 4,581 3,410
Accrued interest 5,804 5,961
Other current liabilities 6,172 5,937
Total current liabilities 116,974 136,194
Non-current finance leases 7,214 7,871
Non-current operating leases 10,818 0
Accrued reclamation and closure costs 103,793 104,979
Long-term debt 504,729 532,799
Deferred tax liability 138,282 173,537
Non-current pension liability 56,219 47,711
Other non-current liabilities 6,856 9,890
Total liabilities 944,885 1,012,981
Commitments and contingencies (Notes 2, 3, 4, 6, 7, 8, and 10)
Preferred stock, 5,000,000 shares authorized: Series B preferred stock, $0.25 par value, 157,816 shares issued and outstanding, liquidation preference — $7,891 39 39
Common stock, $0.25 par value, authorized 750,000,000 shares; issued 2019 — 529,182,994 shares and 2018 — 487,830,728 shares 132,292 121,956
Capital surplus 1,973,700 1,880,481
Accumulated deficit (353,331) (248,308)
Accumulated other comprehensive loss, net (37,310) (42,469)
Less treasury stock, at cost; 2019 — 6,287,271 and 2018 — 5,226,791 shares issued and held in treasury (22,967) (20,736)
Total stockholders’ equity 1,692,423 1,690,963
Total liabilities and stockholders’ equity $ 2,637,308 $ 2,703,944