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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities:    
Net income $ 50,390 $ 33,721
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 38,639 34,930
Gain on distribution to non-controlling interest (3,284) (2,709)
Non-cash stock-based compensation expense 4,066 3,207
Tax benefit of stock-based compensation exercises (3,086) (952)
Restructuring on royalty interests in mineral properties 1,328  
Deferred tax benefit (847) (1,208)
Changes in assets and liabilities:    
Royalty receivables (15,693) (12,505)
Prepaid expenses and other assets 1,385 1,631
Accounts payable (194) (301)
Income taxes payable 1,947 2,237
Other liabilities 785 3,303
Net cash provided by operating activities 75,436 61,354
Cash flows from investing activities:    
Acquisition of royalty interests in mineral properties (148,182) (279,500)
Proceeds on sale of Inventory - restricted 4,842 4,260
Deferred acquisition costs   (2,057)
Other (128) (96)
Net cash (used in) investing activities (143,468) (277,393)
Cash flows from financing activities:    
Borrowing from credit facility 100,000  
Repayment of debt (37,800) (23,000)
Common stock dividends (12,209) (9,953)
Distribution to non-controlling interests (6,315) (5,123)
Proceeds from the issuance of common stock 2,917  
Tax benefit of stock-based compensation exercises 3,086 952
Other   (274)
Net cash provided by (used in) financing activities 49,679 (37,398)
Net increase (decrease) in cash and equivalents (18,353) (253,437)
Cash and equivalents at beginning of period 114,155 324,846
Cash and equivalents at end of period $ 95,802 $ 71,409