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Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Sales of products $ 186,499 $ 210,852
Cost of sales and other direct production costs 105,772 96,382
Depreciation, depletion and amortization 35,298 47,069
Total cost of sales 141,070 143,451
Gross profit 45,429 67,401
Other operating expenses:    
General and administrative 8,294 8,007
Exploration and pre-development 12,808 6,690
Care and maintenance 6,205 4,318
Provision for closed operations and reclamation 901 3,709
Other operating expense 2,463 3,648
Total other operating expense 30,671 26,372
Income from operations 14,758 41,029
Other income (expense):    
Interest expense (10,406) (10,744)
Fair value adjustments, net (5,965) 1,875
Net foreign exchange loss 2,038 2,064
Other non-operating income (expense) (1,505) 152
Total other expense (4,974) (14,835)
Income before income and mining taxes 9,784 26,194
Income and mining tax provision (5,631) (4,743)
Net income 4,153 21,451
Preferred stock dividends (138) (138)
Income applicable to common stockholders 4,015 21,313
Comprehensive income:    
Net income 4,153 21,451
Change in fair value of derivative contracts designated as hedge transactions (33,165) 1,832
Comprehensive (loss) income $ (29,012) $ 23,283
Basic income per common share after preferred dividends (in dollars per share) $ 0.01 $ 0.04
Diluted income per common share after preferred dividends (in dollars per share) $ 0.01 $ 0.04
Weighted average number of common shares outstanding - basic (in shares) 538,490 534,101
Weighted average number of common shares outstanding - diluted (in shares) 544,061 540,527
Cash dividends per common share (in dollars per share) $ 0.00625 $ 0.00875