8. SEGMENT INFORMATION

The Company manages its business under two reportable segments, consisting of the acquisition and management of stream interests and the acquisition and management of royalty interests. Royal Gold’s long-lived assets (stream and royalty interests, net) are geographically distributed as shown in the following table:


	As of March 31, 2018								As of June 30, 2017
							Total stream								Total stream
	Stream		Royalty				and royalty		Stream		Royalty				and royalty
	interest		interest		Impairments		interests, net		interest		interest		Impairments		interests, net
Canada	$	820,639	$	217,236	$	(284)	$	1,037,591	$	852,035	$	221,618	$	—	$	1,073,653
Dominican Republic		509,211		—		—		509,211		543,256		—		—		543,256
Chile		334,266		453,306		(239,080)		548,492		348,778		453,369		—		802,147
Africa		107,092		515		—		107,607		123,760		572		—		124,332
Mexico		—		95,234		—		95,234		—		105,889		—		105,889
United States		—		167,253		—		167,253		—		168,378		—		168,378
Australia		—		35,088		—		35,088		—		37,409		—		37,409
Other		12,037		20,090		—		32,127		12,030		25,162		—		37,192
Total	$	1,783,245	$	988,722	$	(239,364)	$	2,532,603	$	1,879,859	$	1,012,397	$	—	$	2,892,256

The Company’s revenue, cost of sales and net revenue by reportable segment for the three and nine months ended March 31, 2018 and 2017, is geographically distributed as shown in the following table:


	Three Months Ended March 31, 2018						Three Months Ended March 31, 2017
	Revenue		Cost of sales		Net revenue		Revenue		Cost of sales		Net revenue
Streams:
Canada	$	51,709	$	14,225	$	37,484	$	35,112	$	12,583	$	22,529
Dominican Republic		15,734		4,415		11,319		24,524		7,054		17,470
Chile		7,186		1,039		6,147		10,398		1,499		8,899
Africa		8,350		1,666		6,684		6,563		1,283		5,280
Total streams	$	82,979	$	21,345	$	61,634	$	76,597	$	22,419	$	54,178

Royalties:
Mexico	$	11,021	$	—	$	11,021	$	10,446	$	—	$	10,446
United States		8,459		—		8,459		7,899		—		7,899
Canada		6,089		—		6,089		5,535		—		5,535
Australia		3,343		—		3,343		3,174		—		3,174
Africa		543		—		543		672		—		672
Other		3,549		—		3,549		2,649		—		2,649
Total royalties	$	33,004	$	—	$	33,004	$	30,375	$	—	$	30,375
Total streams and royalties	$	115,983	$	21,345	$	94,638	$	106,972	$	22,419	$	84,553


	Nine Months Ended March 31, 2018						Nine Months Ended March 31, 2017
	Revenue		Cost of sales		Net revenue		Revenue		Cost of sales		Net revenue
Streams:
Canada	$	106,363	$	30,072	$	76,291	$	105,161	$	36,341	$	68,820
Dominican Republic		67,492		20,200		47,292		71,911		21,497		50,414
Chile		41,124		6,148		34,976		41,552		6,243		35,309
Africa		26,049		5,207		20,842		17,484		3,501		13,983
Total streams	$	241,028	$	61,627	$	179,401	$	236,108	$	67,582	$	168,526

Royalties:
Mexico	$	32,772	$	—	$	32,772	$	31,573	$	—	$	31,573
United States		31,186		—		31,186		27,012		—		27,012
Canada		17,577		—		17,577		17,405		—		17,405
Australia		9,891		—		9,891		9,867		—		9,867
Africa		1,589		—		1,589		2,260		—		2,260
Chile		399		—		399		1,333		—		1,333
Other		8,365		—		8,365		6,322		—		6,322
Total royalties	$	101,779	$	—	$	101,779	$	95,772	$	—	$	95,772
Total streams and royalties	$	342,807	$	61,627	$	281,180	$	331,880	$	67,582	$	264,298