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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:      
Net income (loss) $ 89,079 $ (119,351) $ 92,425
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 163,056 163,696 159,636
Amortization of debt discount and issuance costs 15,288 15,046 13,825
Non-cash employee stock compensation expense 6,617 8,279 9,983
Fair value changes in equity securities 6,800    
Deferred tax benefit (1,745) (32,843) 1,556
Impairment of royalty interests   239,364  
Other (2) (197) (4,874)
Changes in assets and liabilities:      
Royalty receivables 5,623 530 (6,883)
Stream inventory (2,069) (1,428) 1,606
Income tax receivable (2,663) 22,130 (13,056)
Prepaid expenses and other assets 2,793 2,813 (1,691)
Accounts payable (6,426) 5,173 (206)
Income tax payable (11,281) 12,601 2,475
Withholding taxes payable (2,160) (171) 1,411
Uncertain tax positions 3,180 7,767 8,631
Other liabilities (12,924) 5,415 2,015
Net cash provided by operating activities 253,166 328,824 266,853
Cash flows from investing activities:      
Acquisition of stream and royalty interests (1,055) (11,812) (203,721)
Repayment of Golden Star term loan   20,000  
Purchase of equity securities (3,573) (17,869)  
Other (967) (909) 3,605
Net cash used in investing activities (5,595) (10,590) (200,116)
Cash flows from financing activities:      
Repayment of debt (370,000) (250,000) (95,000)
Borrowings from revolving credit facility 220,000   70,000
Net payments from issuance of common stock (1,595) (4,042) (2,426)
Common stock dividends (67,477) (64,118) (61,396)
Debt issuance costs (1,761) (180) (3,340)
Contributions from non-controlling interest 4,140    
Purchase of additional royalty interest from non-controlling interest     (2,518)
Other (153) 3,009 (2,843)
Net cash used in financing activities (216,846) (315,331) (97,523)
Net increase (decrease) in cash and equivalents 30,725 2,903 (30,786)
Cash and equivalents at beginning of period 88,750 85,847 116,633
Cash and equivalents at end of period $ 119,475 $ 88,750 $ 85,847