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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net sales $ 807,473 $ 691,873 $ 673,266
Cost of sales and other direct production costs 417,879 382,663 447,985
Depreciation, depletion and amortization: [1] 171,793 148,110 191,451
Total cost of sales 589,672 530,773 639,436
Gross profit 217,801 161,100 33,830
Other operating expenses:      
General and administrative 34,570 35,561 35,832
Exploration and pre-development 47,901 18,295 19,069
Provision for closed operations and environmental matters 14,571 3,929 4,690
Ramp-up and suspension costs 23,012 24,911 12,051
Loss on disposition of properties, plants, equipment and mineral interests 87 572 4,643
Other operating expense 14,240 10,854 4,223
Total other operating expenses 134,381 94,122 80,508
Income (loss) from operations [1] 83,420 66,978 (46,678)
Other expense:      
Fair value adjustments, net (35,792) (11,806) (5,437)
Foreign exchange loss, net 417 (4,605) (8,236)
Other net expense (574) (2,256) (4,429)
Interest expense, net (41,945) (49,569) (48,447)
Total other expense: (77,894) (68,236) (66,549)
Income (loss) before income taxes 5,526 (1,258) (113,227)
Income and mining tax benefit (provision) 29,569 (8,199) 18,318
Net income (loss) 35,095 (9,457) (94,909)
Preferred stock dividends (552) (552) (552)
Income (loss) applicable to common stockholders 34,543 (10,009) (95,461)
Comprehensive income (loss):      
Net income (loss) 35,095 (9,457) (94,909)
Unrealized gain (loss) and amortization of prior service on pension plans 16,740 (3,559) (3,277)
Unrealized (loss) gain on derivative contracts designated as hedge transactions (12,307) 7,980 8,436
Total change in accumulated other comprehensive income (loss), net 4,433 4,421 5,159
Comprehensive income (loss) $ 39,528 $ (5,036) $ (89,750)
Basic income (loss) per common share after preferred dividends (in dollars per share) $ 0.06 $ (0.02) $ (0.19)
Diluted income (loss) per common share after preferred dividends (in dollars per share) $ 0.06 $ (0.02) $ (0.19)
Weighted average number of common shares outstanding – basic (in shares) 536,192 527,329 490,449
Weighted average number of common shares outstanding – diluted (in shares) 542,176 527,329 490,449
[1] Amounts reported as of and for the years ended December 31, 2020 and 2019 have been revised. See Note 3 for more information.