XML 41 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Mar. 31, 2014
Mar. 31, 2013
Consolidated Statements of Operations and Comprehensive Income        
Revenue $ 57,748 $ 74,166 $ 167,020 $ 231,898
Costs and expenses        
Cost of sales 1,940   2,875  
General and administrative 3,866 7,163 15,093 19,290
Production taxes 1,723 2,422 5,110 7,098
Depreciation, depletion and amortization 21,605 21,649 66,676 64,269
Total costs and expenses 29,134 31,234 89,754 90,657
Operating income 28,614 42,932 77,266 141,241
Loss on available for sale securities   (12,121)   (12,121)
Interest and other income 1,788 129 2,071 268
Interest and other expense (5,941) (5,757) (17,665) (18,577)
Income before income taxes 24,461 25,183 61,672 110,811
Income tax expense (3,980) (18,286) (15,133) (51,062)
Net income 20,481 6,897 46,539 59,749
Net income attributable to non-controlling interests (338) (433) (535) (1,299)
Net income attributable to Royal Gold common stockholders 20,143 6,464 46,004 58,450
Net income 20,481 6,897 46,539 59,749
Adjustments to comprehensive income, net of tax        
Unrealized change in market value of available-for-sale securities (127) (71) (2,415) (67)
Recognized loss on available-for-sale securities   10,246   13,716
Comprehensive income 20,354 17,072 44,124 73,398
Comprehensive income attributable to non-controlling interests (338) (433) (535) (1,299)
Comprehensive income attributable to Royal Gold stockholders $ 20,016 $ 16,639 $ 43,589 $ 72,099
Net income per share available to Royal Gold common stockholders:        
Basic earnings per share (in dollars per share) $ 0.31 $ 0.10 $ 0.71 $ 0.93
Basic weighted average shares outstanding (in shares) 64,963,605 64,837,598 64,895,464 62,723,061
Diluted earnings per share (in dollars per share) $ 0.31 $ 0.10 $ 0.71 $ 0.93
Diluted weighted average shares outstanding (in shares) 65,082,780 64,994,517 65,012,901 62,917,454
Cash dividends declared per common share (in dollars per share) $ 0.21 $ 0.20 $ 0.62 $ 0.55