Note 13 - Guarantor Subsidiaries (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Condensed Balance Sheet [Table Text Block]

	As of March 31, 2020
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
	(in thousands)
Assets
Cash and cash equivalents	$	190,274		$	16,984		$	8,457		$	—		$	215,715
Other current assets		19,131			95,981			11,788			(73	)		126,827
Properties, plants, equipment and mineral interests - net		1,913			2,380,598			10,676			—			2,393,187
Intercompany receivable (payable)		(15,844	)		(565,090	)		224,183			356,751			—
Investments in subsidiaries		1,648,133			—			—			(1,648,133	)		—
Other non-current assets		263,344			24,970			(124,320	)		(135,599	)		28,395
Total assets	$	2,106,951		$	1,953,443		$	130,784		$	(1,427,054	)	$	2,764,124
Liabilities and Stockholders' Equity
Current liabilities	$	(292,781	)	$	154,776		$	5,682		$	249,506		$	117,183
Long-term debt		679,021			15,406			543			—			694,970
Non-current portion of accrued reclamation		—			91,478			6,031			—			97,509
Non-current deferred tax liability		—			154,664			—			(28,427	)		126,237
Other non-current liabilities		63,828			6,575			939			—			71,342
Stockholders' equity		1,656,883			1,530,544			117,589			(1,648,133	)		1,656,883
Total liabilities and stockholders' equity	$	2,106,951		$	1,953,443		$	130,784		$	(1,427,054	)	$	2,764,124

	As of December 31, 2019
	Parent			Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in thousands)
Assets
Cash and cash equivalents	$	33,750		$	15,357		$	13,345		$	—		$	62,452
Other current assets		9,725			89,722			17,299			(74	)		116,672
Properties, plants, equipment and mineral interests - net		1,913			2,410,458			11,327			—			2,423,698
Intercompany receivable (payable)		(28,381	)		(579,830	)		216,632			391,579			—
Investments in subsidiaries		1,636,802			—			—			(1,636,802	)		—
Other non-current assets		289,422			24,325			(121,981	)		(157,280	)		34,486
Total assets	$	1,943,231		$	1,960,032		$	136,622		$	(1,402,577	)	$	2,637,308
Liabilities and Stockholders' Equity
Current liabilities	$	(309,293	)	$	155,441		$	8,334		$	262,492		$	116,974
Long-term debt		504,729			17,271			761			—			522,761
Non-current portion of accrued reclamation		—			96,389			7,404			—			103,793
Non-current deferred tax liability		—			166,549			—			(28,267	)		138,282
Other non-current liabilities		55,372			6,577			1,126			—			63,075
Stockholders' equity		1,692,423			1,517,805			118,997			(1,636,802	)		1,692,423
Total liabilities and stockholders' equity	$	1,943,231		$	1,960,032		$	136,622		$	(1,402,577	)	$	2,637,308

Condensed Income Statement [Table Text Block]

	Three Months Ended March 31, 2020
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
	(in thousands)
Revenues	$	1,679		$	125,316		$	9,930		$	—		$	136,925
Cost of sales		(284	)		(78,751	)		(6,852	)		—			(85,887	)
Depreciation, depletion, amortization		—			(38,193	)		(1,473	)		—			(39,666	)
General and administrative		(3,163	)		(5,339	)		(437	)		—			(8,939	)
Exploration and pre-development		(12	)		(2,055	)		(998	)		—			(3,065	)
Gain on derivative contracts		7,893			—			—			—			7,893
Acquisition costs		(5	)		—			—			—			(5	)
Equity in earnings of subsidiaries		11,330			—			—			(11,330	)		—
Other (expense) income		(34,623	)		10,704			(741	)		(843	)		(25,503	)
(Loss) income before income taxes		(17,185	)		11,682			(571	)		(12,173	)		(18,247	)
Benefit (provision) from income taxes		—			1,056			(837	)		843			1,062
Net (loss) income		(17,185	)		12,738			(1,408	)		(11,330	)		(17,185	)
Preferred stock dividends		(138	)		—			—			—			(138	)
(Loss) income applicable to common stockholders		(17,323	)		12,738			(1,408	)		(11,330	)		(17,323	)
Net (loss) income		(17,185	)		12,738			(1,408	)		(11,330	)		(17,185	)
Changes in comprehensive (loss) income		(19,335	)		—			—			—			(19,335	)
Comprehensive (loss) income	$	(36,520	)	$	12,738		$	(1,408	)	$	(11,330	)	$	(36,520	)

	Three Months Ended March 31, 2019
	Parent			Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in thousands)
Revenues	$	(2,477	)	$	142,494		$	12,600		$	—		$	152,617
Cost of sales		(461	)		(99,333	)		(10,592	)		—			(110,386	)
Depreciation, depletion, amortization		—			(37,027	)		(1,760	)		—			(38,787	)
General and administrative		(4,393	)		(5,111	)		(455	)		—			(9,959	)
Exploration and pre-development		(16	)		(3,062	)		(2,180	)		—			(5,258	)
Research and development		—			(403	)		—			—			(403	)
Gain on derivative contracts		(1,799	)		—			—			—			(1,799	)
Acquisition costs		42			(55	)		—			—			(13	)
Equity in earnings of subsidiaries		(22,432	)		—			—			22,432			—
Other (expense) income		6,003			(19,778	)		1,407			(6,393	)		(18,761	)
Income (loss) before income taxes		(25,533	)		(22,275	)		(980	)		16,039			(32,749	)
(Provision) benefit from income taxes		—			(62	)		885			6,393			7,216
Net income (loss)		(25,533	)		(22,337	)		(95	)		22,432			(25,533	)
Preferred stock dividends		(138	)		—			—			—			(138	)
Income (loss) applicable to common stockholders		(25,671	)		(22,337	)		(95	)		22,432			(25,671	)
Net income (loss)		(25,533	)		(22,337	)		(95	)		22,432			(25,533	)
Changes in comprehensive income (loss)		4,259			—			—			—			4,259
Comprehensive income (loss)	$	(21,274	)	$	(22,337	)	$	(95	)	$	22,432		$	(21,274	)

Condensed Cash Flow Statement [Table Text Block]

	Three Months Ended March 31, 2020
	Parent			Guarantors			Non-Guarantors			Eliminations			Consolidated
	(in thousands)
Cash flows from operating activities	$	(13,285	)	$	33,035		$	19,830		$	(34,653	)	$	4,927
Cash flows from investing activities:
Additions to properties, plants, equipment and mineral interests		—			(19,068	)		(802	)		—			(19,870	)
Other investing activities, net		(11,331	)		154			—			11,331			154
Cash flows from financing activities:
Dividends paid to stockholders		(1,442	)		—			—			—			(1,442	)
Borrowings on debt		679,500			—			—			—			679,500
Payments on debt		(506,500	)		(1,284	)		—			—			(507,784	)
Other financing activity		9,582			(10,233	)		(23,129	)		23,322			(458	)
Effect of exchange rate changes on cash		—			(949	)		(787	)		—			(1,736	)
Changes in cash, cash equivalents and restricted cash and cash equivalents		156,524			1,655			(4,888	)		—			153,291
Beginning cash, cash equivalents and restricted cash and cash equivalents		33,750			16,382			13,345			—			63,477
Ending cash, cash equivalents and restricted cash and cash equivalents	$	190,274		$	18,037		$	8,457		$	—		$	216,768

	Three Months Ended March 31, 2019
	Parent			Guarantors			Non- Guarantors			Eliminations			Consolidated
	(in thousands)
Cash flows from operating activities	$	(37,529	)	$	29,554		$	(11,315	)	$	39,320		$	20,030
Cash flows from investing activities:
Additions to properties, plants, equipment and mineral interests		—			(27,860	)		(5,211	)		—			(33,071	)
Other investing activities, net		23,115			1			—			(23,115	)		1
Cash flows from financing activities:
Dividends paid to stockholders		(1,347	)		—			—			—			(1,347	)
Borrowings on debt		58,000			—			—			—			58,000
Payments on debt		(58,000	)		(1,261	)		—			—			(59,261	)
Other financing activity		12,896			(12,467	)		15,737			(16,205	)		(39	)
Effect of exchange rate changes on cash		—			95			—			—			95
Changes in cash, cash equivalents and restricted cash and cash equivalents		(2,865	)		(11,938	)		(789	)		—			(15,592	)
Beginning cash, cash equivalents and restricted cash and cash equivalents		6,266			18,258			3,890			—			28,414
Ending cash, cash equivalents and restricted cash and cash equivalents	$	3,401		$	6,320		$	3,101		$	—		$	12,822