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Consolidated Statements of Operations and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue (Note 6) $ 193,837 $ 138,617 $ 516,835 $ 453,051
Costs and expenses        
Cost of sales (excludes depreciation, depletion and amortization) 27,192 21,351 73,116 69,738
General and administrative 10,102 9,927 32,025 30,020
Production taxes 1,520 1,671 4,550 4,934
Depreciation, depletion and amortization 36,177 40,106 110,689 124,847
Total costs and expenses 74,991 73,055 220,380 229,539
Operating income 118,846 65,562 296,455 223,512
Fair value changes in equity securities (425) (462) (42) (171)
Interest and other income 626 2,436 4,410 7,348
Interest and other expense (1,207) (7,285) (8,330) (24,867)
Income before income taxes 117,840 60,251 292,493 205,822
Income tax expense (Note 9) (21,510) (10,752) (67,535) (28,652)
Net income and comprehensive income 96,330 49,499 224,958 177,170
Net income and comprehensive income attributable to non-controlling interests (88) (162) (343) (509)
Net income and comprehensive income attributable to Royal Gold common stockholders $ 96,242 $ 49,337 $ 224,615 $ 176,661
Net income per share attributable to Royal Gold common stockholders:        
Basic earnings per share (in dollars per share) $ 1.46 $ 0.75 $ 3.41 $ 2.69
Basic weighted average shares outstanding (in shares) 65,670,381 65,619,406 65,652,934 65,606,681
Diluted earnings per share (in dollars per share) $ 1.46 $ 0.75 $ 3.41 $ 2.68
Diluted weighted average shares outstanding (in shares) 65,795,014 65,757,076 65,767,668 65,743,114
Cash dividends declared per common share (in dollars per share) $ 0.40 $ 0.375 $ 1.20 $ 1.125