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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:      
Net (loss) income $ (82,438) $ 52,678 $ 63,472
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depreciation, depletion and amortization 141,108 93,486 91,342
Impairment of stream and royalty interests 98,588 31,335  
Amortization of debt discount and issuance costs 12,985 12,100 11,332
Non-cash employee stock compensation expense 10,039 5,141 2,580
Tax benefit of stock-based compensation exercises 548 (364) (597)
(Gain) loss on available-for-sale securities (2,340) 183 4,499
Deferred tax benefit (4,983) (27,651) (8,166)
Other (390) (46) (259)
Changes in assets and liabilities:      
Royalty receivables 17,221 5,977 3,731
Stream inventory (7,203) 1,110 (3,396)
Income taxes receivable (14,177) 15,525 (6,183)
Prepaid expenses and other assets (153) 2,527 11,417
Accounts payable (849) 150 1,105
Foreign withholding taxes payable (199) (2,000) (13,319)
Uncertain tax positions 1,867 1,405 (7,441)
Other liabilities 235 543 (2,915)
Net cash provided by operating activities 169,859 192,099 147,202
Cash flows from investing activities:      
Acquisition of stream and royalty interests (1,346,109) (60,429) (80,019)
Andacollo royalty termination 345,000    
Golden Star term loan (20,000)    
Proceeds from sale of available-for-sale securities 11,905    
Tulsequah stream termination   10,000  
Other (309) (773) (4,782)
Net cash used in investing activities (1,009,513) (51,202) (84,801)
Cash flows from financing activities:      
Borrowings from revolving credit facility 350,000    
Repayment of revolving credit facility (75,000)    
Net (payments) proceeds from issuance of common stock (353) 775 1,120
Common stock dividends (58,720) (56,054) (53,380)
Purchase of additional royalty interest from non-controlling interest     (11,522)
Debt issuance costs (1,111) (864) (1,284)
Distribution to non-controlling interests (830) (1,805) (2,431)
Tax (benefit) expense of stock-based compensation exercises (548) 364 597
Net cash provided by (used in) financing activities 213,438 (57,584) (66,900)
Net (decrease) increase in cash and equivalents (626,216) 83,313 (4,499)
Cash and equivalents at beginning of period 742,849 659,536 664,035
Cash and equivalents at end of period $ 116,633 $ 742,849 $ 659,536