XML 69 R50.htm IDEA: XBRL DOCUMENT v3.5.0.2
INCOME TAXES (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Income before income taxes      
United States $ (230) $ 17,569 $ 17,033
Foreign (21,528) 44,675 65,894
Income before income taxes (21,758) 62,244 82,927
Current:      
Federal 45,878 22,418 (3,663)
State 135 (36) 334
Foreign 19,650 14,835 30,950
Total current income tax expenses 65,663 37,217 27,621
Deferred and others:      
Federal (6,986) (5,506) (4,122)
State (78) (49) (26)
Foreign 2,081 (22,096) (4,018)
Total deferred and other income tax expenses (4,983) (27,651) (8,166)
Total income tax expenses 60,680 9,566 19,455
Differences between provision for income taxes and income tax expense computed by applying federal rates      
Total expense computed by applying federal rates (7,615) 21,786 29,024
State and provincial income taxes, net of federal benefit (1) 25 334
Excess depletion (882) (1,429) (1,114)
Estimates for uncertain tax positions 1,866 1,404 (7,386)
Statutory tax attributable to non-controlling interest 1,838 (211) (293)
Effect of foreign earnings 61,576 6,536 1,141
Effect of foreign earnings indefinitely reinvested 3,406 (7,601) (1,700)
Unrealized foreign exchange gains (2,439) (10,949) (367)
Changes in estimates 1,641 (359) (594)
Other 1,290 (1,225) 410
Total income tax expenses 60,680 9,566 19,455
Deferred tax assets:      
Stock-based compensation 5,691 4,393  
Net operating losses 12,385 16,087  
Other 4,610 3,904  
Total deferred tax assets 22,686 24,384  
Valuation allowance (2,100) (4,262)  
Net deferred tax assets 20,586 20,122  
Deferred tax liabilities:      
Mineral property basis (127,337) (133,646)  
Unrealized foreign exchange gains (1,273)    
Unrealized foreign exchange losses   936  
2019 Notes (12,639) (16,384)  
Other (124) (1,658)  
Total deferred tax liabilities (141,373) (150,752)  
Total net deferred taxes (120,787) (130,630)  
Net operating loss carry forwards      
Net operating loss carry forwards 59,500 55,000  
Reconciliation of beginning and ending amount of gross unrecognized tax benefits      
Total gross unrecognized tax benefits at beginning of year 15,130 13,725 21,166
Additions / Reductions for tax positions of current year 1,866 1,662 (1,052)
Reductions due to settlements with taxing authorities   (257) (296)
Reductions due to lapse of statute of limitations     (6,093)
Total amount of gross unrecognized tax benefits at end of year $ 16,996 15,130 $ 13,725
Net unrecognized tax benefits      
Expiration period of statute of limitations for income tax examinations 12 months    
Accrued income-tax-related interest and penalties $ 5,700 4,600  
Canada      
Differences between provision for income taxes and income tax expense computed by applying federal rates      
Income tax rate adjustment/ reform   4,070  
Chile      
Differences between provision for income taxes and income tax expense computed by applying federal rates      
Income tax rate adjustment/ reform   $ (2,481)