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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:      
Net income $ 98,309 $ 77,299 $ 29,422
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 75,001 67,399 53,793
Non-cash employee stock compensation expense 6,507 6,494 7,279
Gain on distribution to non-controlling interest (3,725) (3,258) (5,891)
Restructuring on royalty interests in mineral properties 1,328    
Tax benefit of stock-based compensation exercises (6,348) (1,325) (1,638)
Deferred tax expense (benefit) 1,571 (5,136) (7,536)
Other 2,117   371
Changes in assets and liabilities:      
Royalty receivables (5,118) (8,465) (19,055)
Prepaid expenses and other assets 88 2,247 4,035
Accounts payable 530 (930) (10,742)
Income taxes payable (receivable) (7,179) 5,527 (2,697)
Other liabilities (917) 7,105 1,030
Net cash provided by operating activities 162,164 146,957 48,371
Cash flows from investing activities:      
Acquisition of royalty interests in mineral properties (276,683) (280,009) (232,996)
Acquisition of International Royalty Corporation, net of cash acquired     (270,233)
Acquisition of available for sale securities   (28,574)  
Change in restricted cash-compensating balance     19,250
Proceeds on sale of inventory-restricted 5,514 5,097 3,647
Deferred acquisition costs (11) (117) (120)
Other (176) (2,660) (86)
Net cash used in investing activities (271,356) (306,263) (480,538)
Cash flows from financing activities:      
Net proceeds from debt 457,023 18,532 253,407
Repayment of debt (326,100) (41,900) (55,263)
Net proceeds from issuance of common stock 271,536   276,839
Common stock dividends (29,504) (22,130) (14,628)
Proceeds from foreign exchange contract     4,101
Distribution to non-controlling interests (8,810) (7,158) (3,647)
Tax benefit of stock-based compensation exercises 6,348 1,325 1,638
Other   (54)  
Net cash provided by (used in) financing activities 370,493 (51,385) 462,447
Net increase (decrease) in cash and equivalents 261,301 (210,691) 30,280
Cash and equivalents at beginning of period 114,155 324,846 294,566
Cash and equivalents at end of period $ 375,456 $ 114,155 $ 324,846