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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:      
Net income (loss) $ 92,425 $ (82,438) $ 52,678
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 159,636 141,108 93,486
Amortization of debt discount and issuance costs 13,825 12,985 12,100
Non-cash employee stock compensation expense 9,983 10,039 5,141
Impairment of stream and royalty interests and royalty receivables   98,588 31,335
Tax (benefit) expense of stock-based compensation exercises (975) 548 (364)
(Gain) loss on available-for-sale securities   (2,340) 183
Deferred tax benefit 1,556 (4,983) (27,651)
Other (4,874) (390) (46)
Changes in assets and liabilities:      
Royalty receivables (5,472) 17,221 5,977
Stream inventory 1,606 (7,203) 1,110
Income tax receivable (13,056) (14,637) 12,808
Prepaid expenses and other assets (1,691) (153) 2,527
Accounts payable (206) (849) 150
Income tax payable 2,475 460 2,717
Uncertain tax positions 8,631 1,867 1,405
Other liabilities 2,015 36 (1,457)
Net cash provided by operating activities 265,878 169,859 192,099
Cash flows from investing activities:      
Acquisition of stream and royalty interests (203,721) (1,346,109) (60,429)
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 3,605 (309) (773)
Net cash used in investing activities (200,116) (1,009,513) (51,202)
Cash flows from financing activities:      
Borrowings from revolving credit facility 70,000 350,000  
Repayment of revolving credit facility (95,000) (75,000)  
Net (payments) proceeds from issuance of common stock (2,426) (353) 775
Common stock dividends (61,396) (58,720) (56,054)
Purchase of additional royalty interest from non-controlling interest (2,518)    
Debt issuance costs (3,340) (1,111) (864)
Tax (benefit) expense of stock-based compensation exercises 975 (548) 364
Other (2,843) (830) (1,805)
Net cash (used in) provided by financing activities (96,548) 213,438 (57,584)
Net (decrease) increase in cash and equivalents (30,786) (626,216) 83,313
Cash and equivalents at beginning of period 116,633 742,849 659,536
Cash and equivalents at end of period $ 85,847 $ 116,633 $ 742,849