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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Sales of products $ 193,560 $ 199,703 $ 622,395 $ 502,983
Cost of sales and other direct production costs 112,542 103,025 318,917 280,303
Depreciation, depletion and amortization 45,790 37,990 138,918 112,492
Total cost of sales 158,332 141,015 457,835 392,795
Gross profit 35,228 58,688 164,560 110,188
Other operating expenses:        
General and administrative 8,874 11,713 27,985 27,631
Exploration 13,675 3,407 27,993 7,899
Pre-development 3,433 759 7,046 1,857
Other operating expense 3,344 3,499 10,626 5,864
Provision for closed operations and environmental matters 7,564 1,254 12,297 2,807
Ramp-up and suspension costs 6,910 1,541 17,014 24,109
Foundation grant 0 0 0 1,970
Total other operating expense 43,800 22,173 102,961 72,137
(Loss) income from operations (8,572) 36,515 61,599 38,051
Other income (expense):        
Gain (loss) on derivative contracts 12,148 (6,666) (4,692) (12,775)
Gain on exchange of investments 0 0 1,158 0
Unrealized (loss) gain on investments (2,861) 3,979 (7,117) 9,410
Foreign exchange gain (loss) 3,995 (2,196) 24 1,235
Other income (expense) 247 (392) (192) (2,141)
Interest expense (10,469) (10,779) (31,484) (38,919)
Total other income (expense) 3,060 (16,054) (42,303) (43,190)
(Loss) income before income and mining taxes (5,512) 20,461 19,296 (5,139)
Income and mining tax benefit (provision) 4,533 (5,181) 3,924 (7,423)
Net (loss) income (979) 15,280 23,220 (12,562)
Preferred stock dividends (138) (138) (414) (414)
(Loss) income applicable to common shareholders (1,117) 15,142 22,806 (12,976)
Comprehensive (loss) income:        
Net income (loss) (979) 15,280 23,220 (12,562)
Change in fair value of derivative contracts designated as hedge transactions (6,267) 6,150 (2,815) (2,801)
Comprehensive (loss) income $ (7,246) $ 21,430 $ 20,405 $ (15,363)
Basic (loss) income per common share after preferred dividends (in cents) (in dollars per share) $ (0.002) $ 0.029 $ 0.043 $ (0.025)
Diluted (loss) income per common share after preferred dividends (in cents) (in dollars per share) $ (0.002) $ 0.028 $ 0.042 $ (0.025)
Weighted average number of common shares outstanding - basic (in shares) 536,966 529,838 535,542 526,098
Weighted average number of common shares outstanding - diluted (in shares) 536,966 535,788 541,769 526,098
Cash dividends declared per common share (in cents) (in dollars per share) $ 0.01125 $ 0.0025 $ 0.03125 $ 0.00750