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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenue (Note 6) $ 174,096 $ 144,042 $ 322,999 $ 314,434
Costs and expenses        
Cost of sales (excludes depreciation, depletion and amortization) 24,174 23,367 45,924 48,387
General and administrative 10,511 9,093 21,923 20,093
Production taxes 1,581 1,274 3,031 3,263
Depreciation, depletion and amortization 35,747 38,412 74,512 84,741
Total costs and expenses 72,013 72,146 145,390 156,484
Operating income 102,083 71,896 177,609 157,950
Fair value changes in equity securities (63) (509) 383 291
Interest and other income 807 2,650 3,783 4,912
Interest and other expense (2,516) (8,408) (7,123) (17,582)
Income before income taxes 100,311 65,629 174,652 145,571
Income tax expense (Note 9) (18,991) (2,029) (46,025) (17,900)
Net income and comprehensive income 81,320 63,600 128,627 127,671
Net income and comprehensive income attributable to non-controlling interests (112) (151) (255) (347)
Net income and comprehensive income attributable to Royal Gold common stockholders $ 81,208 $ 63,449 $ 128,372 $ 127,324
Net income per share attributable to Royal Gold common stockholders:        
Basic earnings per share (in dollars per share) $ 1.23 $ 0.97 $ 1.95 $ 1.94
Basic weighted average shares outstanding (in shares) 65,650,801 65,605,391 65,644,115 65,600,213
Diluted earnings per share (in dollars per share) $ 1.23 $ 0.97 $ 1.95 $ 1.93
Diluted weighted average shares outstanding (in shares) 65,767,538 65,762,903 65,753,899 65,736,028
Cash dividends declared per common share (in dollars per share) $ 0.40 $ 0.375 $ 0.800 $ 0.75