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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:      
Net income $ 52,678 $ 63,472 $ 73,409
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, depletion and amortization 93,486 91,342 85,020
Recognized loss on available-for-sale securities 183 4,499 12,121
Non-cash employee stock compensation expense 5,141 2,580 5,701
Gain on distribution to non-controlling interest (46) (259) (2,837)
Amortization of debt discount 10,250 9,597 9,015
Impairment of royalty and stream interests 28,339    
Tax benefit of stock-based compensation exercises (364) (597) (2,966)
Deferred tax benefit (27,651) (8,166) (11,419)
Other     100
Changes in assets and liabilities:      
Royalty receivables 8,973 3,731 3,562
Prepaid expenses and other assets 5,487 9,756 (12,300)
Accounts payable 150 1,105 113
Foreign withholding taxes payable (2,000) (13,319) 15,294
Income taxes receivable (15,525) 6,183 3,127
Uncertain tax positions 1,405 (7,441) 1,697
Other liabilities 543 (2,915) (753)
Net cash provided by operating activities 192,099 147,202 172,630
Cash flows from investing activities:      
Acquisition of royalty and stream interests (60,429) (80,019) (314,262)
Tulsequah stream termination 10,000    
Other (773) (4,782) 4,820
Net cash used in investing activities (51,202) (84,801) (309,442)
Cash flows from financing activities:      
Net proceeds from issuance of common stock 775 1,120 473,771
Common stock dividends (56,054) (53,380) (43,934)
Purchase of additional royalty interest from non-controlling interest   (11,522)  
Debt issuance costs (864) (1,284)  
Distribution to non-controlling interests (1,805) (2,431) (7,412)
Tax expense of stock-based compensation exercises 364 597 2,966
Net cash (used in) provided by financing activities (57,584) (66,900) 425,391
Net increase (decrease) in cash and equivalents 83,313 (4,499) 288,579
Cash and equivalents at beginning of period 659,536 664,035 375,456
Cash and equivalents at end of period $ 742,849 $ 659,536 $ 664,035