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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Sales of products $ 673,266 $ 567,137 $ 577,775
Cost of sales and other direct production costs 450,349 353,994 304,727
Depreciation, depletion and amortization 199,518 134,044 120,599
Total cost of sales 649,867 488,038 425,326
Gross profit 23,399 79,099 152,449
Other operating expenses:      
General and administrative 35,832 36,542 35,611
Exploration 15,919 35,695 23,510
Pre-development 3,150 4,887 5,448
Research and development 535 5,441 3,276
Provision for closed operations and environmental matters 4,690 6,119 6,701
Other operating expense 3,043 1,596 2,513
Loss (gain) on disposition of properties, plants, equipment and mineral interests 4,643 (2,793) (6,042)
Suspension-related costs 12,051 20,693 21,301
Acquisition costs 645 10,045 25
Total other operating expense 80,508 118,225 92,343
(Loss) income from operations (57,109) (39,126) 60,106
Other income (expense):      
(Loss) gain on derivative contracts (3,971) 40,253 (21,250)
Gain (loss) on disposition of investments 923 (34) (166)
Unrealized loss on investments (2,389) (2,816) (247)
Net foreign exchange gain (loss) (8,236) 10,310 (9,680)
Other net (expense) income (4,429) (907) 1,692
Interest expense, net of amount capitalized (48,447) (40,944) (38,012)
Total other (expense) income: (66,549) 5,862 (67,663)
Loss before income taxes (123,658) (33,264) (7,557)
Income tax benefit (provision) 24,101 6,701 (20,963)
Net loss (99,557) (26,563) (28,520)
Preferred stock dividends (552) (552) (552)
Loss applicable to common stockholders (100,109) (27,115) (29,072)
Comprehensive loss:      
Net income (loss) (99,557) (26,563) (28,520)
Unrealized loss and amortization of prior service on pension plans (3,277) (1,550) (1,326)
Unrealized (loss) gain on derivative contracts designated as hedge transactions 8,436 (13,814) 10,290
Unrealized holding (losses) gains on investments 0 (2,443) 2,098
Reclassification of disposition or impairment of investments included in net loss 0 0 167
Other comprehensive income (loss) 5,159 (17,807) 11,229
Comprehensive loss $ (94,398) $ (44,370) $ (17,291)
Basic loss per common share after preferred dividends (in dollars per share) $ (0.20) $ (0.06) $ (0.07)
Diluted loss per common share after preferred dividends (in dollars per share) $ (0.20) $ (0.06) $ (0.07)
Weighted average number of common shares outstanding – basic (in shares) 490,449 433,419 397,394
Weighted average number of common shares outstanding – diluted (in shares) 490,449 433,419 397,394